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buffet71s 50-50 method |
buffet71
White Belt
Joined: 11 Dec 2010
Posts: 108
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Post: #46  Posted: Tue Aug 12, 2014 11:16 pm Post subject: Re: buffet71s 50-50 method |
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| buffet71 wrote: | | 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. |
History repeattttttttttttttt......  |
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Allwell
White Belt
Joined: 24 Jan 2010
Posts: 183
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| Post: #47 Posted: Wed Aug 13, 2014 9:08 am Post subject: |
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| Yes, Perfect...... |
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rwdesai
White Belt
Joined: 27 Apr 2009
Posts: 94
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| Post: #48 Posted: Wed Aug 13, 2014 10:52 am Post subject: |
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| OUTSTANDING ANALYSIS BUFFET. |
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yashrahul
Yellow Belt
Joined: 29 Jun 2013
Posts: 512
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| Post: #49 Posted: Wed Aug 13, 2014 11:06 am Post subject: |
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Perfect Buffet....congrats  |
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srfelixmca
White Belt
Joined: 30 Jan 2010
Posts: 229
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| Post: #50 Posted: Wed Aug 13, 2014 11:38 am Post subject: |
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Friends
As per my understanding from this thread, BNF will get down to around 14400 to 14300 soon. Please correct my understanding.
cheers
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hmpatil
White Belt
Joined: 15 Jun 2011
Posts: 59
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| Post: #51 Posted: Wed Aug 13, 2014 4:23 pm Post subject: |
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Buffet da
Today i made mistake of entering at every oo crossover of cci resulting in whipsaws.I was trading in Nifty 1m with 30 sec time frame.
will you pl. guide us with example of when to enter or avoid that cross over?
Regards |
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buffet71
White Belt
Joined: 11 Dec 2010
Posts: 108
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| Post: #52 Posted: Wed Aug 13, 2014 11:44 pm Post subject: buffet71s 50-50 method |
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| hmpatil see the the chart carefully,in the marked area the channel width is narrower so the momentum is less means an in disiccive phase means no participation of bulls and bears only market runner so as the price action ZIG-ZAG,CCI too fighting with zero line.So what the extract comes out of it - AVOID. |
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buffet71
White Belt
Joined: 11 Dec 2010
Posts: 108
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| Post: #53 Posted: Thu Aug 14, 2014 12:22 am Post subject: buffet71s 50-50 method |
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| few charts...... |
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buffet71
White Belt
Joined: 11 Dec 2010
Posts: 108
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| Post: #54 Posted: Thu Aug 14, 2014 10:47 am Post subject: buffet71s 50-50 method |
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| BNF 2 TF charts 10.45.59 |
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buffet71
White Belt
Joined: 11 Dec 2010
Posts: 108
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| Post: #55 Posted: Fri Aug 15, 2014 3:54 pm Post subject: buffet71s 50-50 method |
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| Bank Nifty Future Weekly Charts :- Rounding top has formed so a down side expected.The probable down side may be 13243 with support of this tech. |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #56 Posted: Fri Aug 15, 2014 6:57 pm Post subject: Re: buffet71s 50-50 method |
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| buffet71 wrote: | | Bank Nifty Future Weekly Charts :- Rounding top has formed so a down side expected.The probable down side may be 13243 with support of this tech. |
IMHO, such kind of formation with higher lows can also cause a sharp rise. |
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rwdesai
White Belt
Joined: 27 Apr 2009
Posts: 94
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| Post: #57 Posted: Sat Aug 16, 2014 1:40 pm Post subject: |
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| Buffet71 sir, using your system I took two trades on copper and zinc in 4 hrs time frame. |
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buffet71
White Belt
Joined: 11 Dec 2010
Posts: 108
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| Post: #58 Posted: Sat Aug 16, 2014 7:52 pm Post subject: |
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| rwdesai wrote: | | Buffet71 sir, using your system I took two trades on copper and zinc in 4 hrs time frame. |
/////// dear, rwdesai, very happy to see that you hit on the Bulls Eye |
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taruj
White Belt
Joined: 20 Apr 2011
Posts: 260
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| Post: #59 Posted: Sun Aug 17, 2014 9:31 pm Post subject: |
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For those who requested this:
Rejection Trade
Rejection trade LONG is to be taken When the current candle has touched the 50 SMA or 50 DMA line and has closed above both of them, 13 EMA is pointing up and CCI is Positive. Hence Long trade is only initiated ABOVE the candle's High, ensuring that close is above SMA, DMA & EMA And CCI is above Zero line. Typically the candles would be coming down or due to sideways action the 50-50 channel will be moving up.
Rejection trade SHORT is to be taken When the current candle has touched the 50 SMA or 50 DMA line and has closed below both of them, 13 EMA is pointing down and CCI is Negative. Hence Short trade is only initiated BELOW the candle's low making sure that candle close is below SMA, DMA & EMA And CCI is below Zero Line. Typically the candles would be coming up or due to sideways action the 50-50 channel will be moving down.
Buffet Da, Please correct if I am wrong.
Regards, |
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Allwell
White Belt
Joined: 24 Jan 2010
Posts: 183
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| Post: #60 Posted: Thu Aug 28, 2014 10:31 pm Post subject: NG 30tf |
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will NG take support here ? Let's see...
30tf |
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