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buffet71s 50-50 method |
taruj White Belt
Joined: 20 Apr 2011 Posts: 260
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Post: #31 Posted: Thu Aug 07, 2014 8:56 am Post subject: |
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Settings are a bit different, DMA, SMA 55, WMA 13, CCI 89, Pivots (partial book and/or targets)
rgds, |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #32 Posted: Thu Aug 07, 2014 9:14 am Post subject: |
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taruj wrote: | Settings are a bit different, DMA, SMA 55, WMA 13, CCI 89, Pivots (partial book and/or targets)
rgds, |
Pls tell which timeframe chart this is |
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taruj White Belt
Joined: 20 Apr 2011 Posts: 260
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Post: #33 Posted: Thu Aug 07, 2014 9:30 am Post subject: |
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amitagg wrote: |
Pls tell which timeframe chart this is |
Amit its 10 Minutes TF |
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hmpatil White Belt
Joined: 15 Jun 2011 Posts: 59
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Post: #34 Posted: Thu Aug 07, 2014 3:39 pm Post subject: |
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DLF 3 TF.
Hats off to Taruj ji & Buffet da for introducing us such a excellant system.
Thanks & regards |
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buffet71 White Belt
Joined: 11 Dec 2010 Posts: 108
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Post: #35 Posted: Thu Aug 07, 2014 8:00 pm Post subject: buffet71s 50-50 method |
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BNF 1TF charts |
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chetan83 Brown Belt
Joined: 19 Feb 2010 Posts: 2036
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Post: #36 Posted: Fri Aug 08, 2014 8:34 pm Post subject: |
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chetan83 wrote: | chetan83 wrote: | Posting an early trade in Daily TF, based upon this method...
I have put the weekly pivot also...
LT has given a sell signal and it seems to retrace back to Pivot....
Can short with 1540 as EOD closing SL for Target of 1400 in August.
CMP - 1490 in cash.
Can be a best trade. |
Follow up trade of LT
Made high of 1510 in cash.....
based upon lower TF in 5 min Short initiated at 1495 (based on higher TF sell signal)....CMP 1481.65....cool 14 points intra.....
As per my understanding....if a Stock is a sell in Higher TF (Daily or in 60min/2hrs/4hrs)....one should try to Short sell the stock in lower TF...and don't try to buy it......there will better win ratio....(and visa versa)
Buffet Sir can, correct me, If I am wrong. |
LT todays low at 1440 |
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mikky Green Belt
Joined: 16 Feb 2014 Posts: 1442
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Post: #37 Posted: Fri Aug 08, 2014 9:21 pm Post subject: |
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chetan83 wrote: | chetan83 wrote: | chetan83 wrote: | Posting an early trade in Daily TF, based upon this method...
I have put the weekly pivot also...
LT has given a sell signal and it seems to retrace back to Pivot....
Can short with 1540 as EOD closing SL for Target of 1400 in August.
CMP - 1490 in cash.
Can be a best trade. |
Follow up trade of LT
Made high of 1510 in cash.....
based upon lower TF in 5 min Short initiated at 1495 (based on higher TF sell signal)....CMP 1481.65....cool 14 points intra.....
As per my understanding....if a Stock is a sell in Higher TF (Daily or in 60min/2hrs/4hrs)....one should try to Short sell the stock in lower TF...and don't try to buy it......there will better win ratio....(and visa versa)
Buffet Sir can, correct me, If I am wrong. |
LT todays low at 1440 |
Indeed, this was a great trade though catch it little late around 1475 and squared off today.
Great call Chetan... |
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rwdesai White Belt
Joined: 27 Apr 2009 Posts: 94
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Post: #38 Posted: Sat Aug 09, 2014 2:05 pm Post subject: BUFFET'S 50-50 APPLIED ON DAILY CHART |
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WILL NIFTY REVERSE THE TREND AS PER BUFFET'S SYSTEM? |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #39 Posted: Sat Aug 09, 2014 2:52 pm Post subject: Re: BUFFET'S 50-50 APPLIED ON DAILY CHART |
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rwdesai wrote: | WILL NIFTY REVERSE THE TREND AS PER BUFFET'S SYSTEM? |
my browser asking to save this image when I click, while others open fine. |
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buffet71 White Belt
Joined: 11 Dec 2010 Posts: 108
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Post: #40 Posted: Sat Aug 09, 2014 11:03 pm Post subject: Re: BUFFET'S 50-50 APPLIED ON DAILY CHART |
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rwdesai wrote: | WILL NIFTY REVERSE THE TREND AS PER BUFFET'S SYSTEM? | rwdesai if the given charts analyse as per the system FOR CLEAR SHORT THERE IS NO (X) DMA IS CROSSED BELOW SMA (Y) 13EMA IS NOT CROSSED BELOW THE DMA-SMA CHENNEL (Z) CCI IS NOT CROSSED BELOW ZERO LINE SO THERE WILL BE A REJECTION ON UP TREND i.e. REVERSE AND MY PROBABLE REVERSE LVL WILL IN BETWEEN 7553 AND 7529.But friends remember the Price is the ultimate authority and we the traders try to shape it with our techinical knowledge.regards,buffet71 |
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buffet71 White Belt
Joined: 11 Dec 2010 Posts: 108
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Post: #41 Posted: Sat Aug 09, 2014 11:36 pm Post subject: buffet71s 50-50 method |
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BankNifty on weekly charts shows that price twice taken support on 13ema in near past and bounce back.And this time also taken support exactly on 13ema.So it quite interesting to see whether it repeat the history or not.But my probable reverse point will be 14591 supported by my earlier technicals that if banknifty give a EOD close below 15176 it will fall another 600 points.Now if we deduct 15176-14591 which gives 585 points almost near to my 600pts.regards,buffet71. |
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buffet71 White Belt
Joined: 11 Dec 2010 Posts: 108
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Post: #42 Posted: Sun Aug 10, 2014 11:51 am Post subject: buffet71s 50-50 method |
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NF taken support at the lower end of the channel and also at the ema.buffet71 |
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buffet71 White Belt
Joined: 11 Dec 2010 Posts: 108
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Post: #43 Posted: Sun Aug 10, 2014 11:58 am Post subject: buffet71s 50-50 method |
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NF daily with weekly pivot |
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chetan83 Brown Belt
Joined: 19 Feb 2010 Posts: 2036
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Post: #44 Posted: Sun Aug 10, 2014 7:33 pm Post subject: Re: buffet71s 50-50 method |
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buffet71 wrote: | NF daily with weekly pivot |
Weekly pivot will change this week starting 11/08 after EOD, interesting to watch price action. |
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rwdesai White Belt
Joined: 27 Apr 2009 Posts: 94
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Post: #45 Posted: Sun Aug 10, 2014 8:54 pm Post subject: |
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Dear buffet71ji, thanks for your guidance. |
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