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Fibo 15 Support Resistance Intraday |
twist
Joined: 12 Feb 2010 Posts: 333
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Post: #241 Posted: Mon May 13, 2013 12:54 pm Post subject: |
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TP at lower 161
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twist
Joined: 12 Feb 2010 Posts: 333
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Post: #242 Posted: Mon May 13, 2013 1:31 pm Post subject: |
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S3 6010
S4 5980
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twist
Joined: 12 Feb 2010 Posts: 333
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Post: #243 Posted: Mon May 13, 2013 2:04 pm Post subject: |
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S3 touched bulls
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RAJDESAI1967 Yellow Belt
Joined: 19 Mar 2013 Posts: 518
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Post: #244 Posted: Mon May 13, 2013 3:02 pm Post subject: nifty |
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twist-
is the bull story over for the week?
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twist
Joined: 12 Feb 2010 Posts: 333
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Post: #245 Posted: Mon May 13, 2013 3:21 pm Post subject: Re: nifty |
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RAJDESAI1967 wrote: | twist-
is the bull story over for the week? |
raj yes but tommorow it should trade below todays low or below weekly midpoint for confirming trend
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RAJDESAI1967 Yellow Belt
Joined: 19 Mar 2013 Posts: 518
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Post: #246 Posted: Mon May 13, 2013 3:31 pm Post subject: nifty |
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twist-
ITS CLSOE below weekly Mid pointt- Eod
now tmorow fresh sell off..
till lower 161
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twist
Joined: 12 Feb 2010 Posts: 333
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Post: #247 Posted: Mon May 13, 2013 3:37 pm Post subject: Re: nifty |
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RAJDESAI1967 wrote: | twist-
ITS CLSOE below weekly Mid pointt- Eod
now tmorow fresh sell off..
till lower 161 |
raj like intra levels we cant trade using weekly levels it can be used only for knowing trend or for profit booking ect so take trades as per your knowledge of market and use these levels along with it
best of luck
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RAJDESAI1967 Yellow Belt
Joined: 19 Mar 2013 Posts: 518
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Post: #248 Posted: Mon May 13, 2013 3:49 pm Post subject: nifty |
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Twist-thnks for views-
u mean to say this is best suited for Intra trades only
any methods for positonal Trading
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dj31dec White Belt
Joined: 08 Aug 2012 Posts: 4
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Post: #249 Posted: Mon May 13, 2013 4:01 pm Post subject: How to derive s3...R4 |
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twist wrote: | S3 6010
S4 5980 |
Dear Twistji,
I am a silent follower of your system and I thank you for this wonderful and simple method.
Today I got diff values for S3 - R4..
After entering H & L , I got 1.61= 6127 and - 2.61 =6029.3..
Now 161/261 of this comes R3=6187.62 R4=6285.95 S3=5969.31 s4=5870.97
Hope I am doing the right thing by putting these 161& 261 values in same xl sheet as high & low..
Enclosed sheet. Kindly requested to clarify my doubts
Thanking you once again
Dev
Description: |
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Download |
Filename: |
FIBO15.xls |
Filesize: |
14 KB |
Downloaded: |
355 Time(s) |
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twist
Joined: 12 Feb 2010 Posts: 333
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Post: #250 Posted: Mon May 13, 2013 4:21 pm Post subject: Re: How to derive s3...R4 |
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dj31dec wrote: | twist wrote: | S3 6010
S4 5980 |
Dear Twistji,
I am a silent follower of your system and I thank you for this wonderful and simple method.
Today I got diff values for S3 - R4..
After entering H & L , I got 1.61= 6127 and - 2.61 =6029.3..
Now 161/261 of this comes R3=6187.62 R4=6285.95 S3=5969.31 s4=5870.97
Hope I am doing the right thing by putting these 161& 261 values in same xl sheet as high & low..
Enclosed sheet. Kindly requested to clarify my doubts
Thanking you once again
Dev |
Hi Dev
to generate s3/s4 u need to take both the lower levels of -161/261 which is 6059.8 n 6029.3
Enjoy
Regards
Twist.
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dj31dec White Belt
Joined: 08 Aug 2012 Posts: 4
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Post: #251 Posted: Mon May 13, 2013 4:27 pm Post subject: |
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Twistji ,
Thanks for super fast reply.. Hope all other levels I have derived for daily and weekly are true..
Thanks once again
Dev
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twist
Joined: 12 Feb 2010 Posts: 333
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Post: #252 Posted: Mon May 13, 2013 4:31 pm Post subject: Re: nifty |
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RAJDESAI1967 wrote: | Twist-thnks for views-
u mean to say this is best suited for Intra trades only
any methods for positonal Trading |
raj frankly speaking i dont trade positional but weekly levels can be used as guidance suppose today nifty broke weekly midpoint at that time if your swing system generates a sell signal u can take it with confidence for the target of 5808 n put sl at intra upper levels or intra midpoint area... for tsl also intra levels can be used so u keep twisting with these levels and u will find lots of useful stuff
Last edited by twist on Mon May 13, 2013 7:06 pm; edited 3 times in total |
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twist
Joined: 12 Feb 2010 Posts: 333
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Post: #253 Posted: Mon May 13, 2013 4:33 pm Post subject: |
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dj31dec wrote: | Twistji ,
Thanks for super fast reply.. Hope all other levels I have derived for daily and weekly are true..
Thanks once again
Dev |
Dev no prob all other levels are perfect
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twist
Joined: 12 Feb 2010 Posts: 333
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Post: #254 Posted: Tue May 14, 2013 9:30 am Post subject: |
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Todays S/R Levels for Nifty Future
Upper 261: 6027
Upper 161: 6015
Midpoint : 6002
Lower 161: 5989
Lower 261: 5977
15min High 6008 Low 5996
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RAJDESAI1967 Yellow Belt
Joined: 19 Mar 2013 Posts: 518
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Post: #255 Posted: Tue May 14, 2013 10:03 am Post subject: TWIST |
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intra lower 161 donee yet again
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