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Greater Fool Zone |
rvg
White Belt
Joined: 31 Oct 2006
Posts: 279
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Post: #16  Posted: Tue Mar 13, 2012 10:00 pm Post subject: |
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| sherbaaz wrote: | Hi RVG,
Your idea of using elder's channel with SSPS is really good. I have chked at couple of places on chart and it works well in tightening stop loss or taking profits.
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Its an effective Contra strategy that works on principle of reverse to mean and can be used along with any other system.
Since GFZ occurs rarely, its best to use it when you can
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rvg
White Belt
Joined: 31 Oct 2006
Posts: 279
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| Post: #17 Posted: Wed Mar 14, 2012 4:25 pm Post subject: GFZ |
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Frequency of GFZ has increased ; Don't know whether it is coincidental or part of the system.
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bharatpatel
White Belt
Joined: 26 Oct 2011
Posts: 401
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| Post: #18 Posted: Wed Mar 14, 2012 8:38 pm Post subject: hi |
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the name of the thread should be RVG's WISE TRADING SET UP.
RVG ,
thanks for sharing all the great trading plans. new traders like me can have the best guidence through yr posts.
pls keep it up and keep posting.
Regards
Bharat Patel,
Ahmedabad.
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rameshraja
Expert
Joined: 24 Nov 2006
Posts: 1121
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| Post: #19 Posted: Thu Mar 15, 2012 9:09 am Post subject: |
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Hi RVG
How about 20 EMA with 1.618% setup for envelope?
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rvg
White Belt
Joined: 31 Oct 2006
Posts: 279
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| Post: #20 Posted: Thu Mar 15, 2012 9:13 am Post subject: |
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| rameshraja wrote: | Hi RVG
How about 20 EMA with 1.618% setup for envelope? |
What timeframe would you recommend this setting for ?
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rameshraja
Expert
Joined: 24 Nov 2006
Posts: 1121
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| Post: #21 Posted: Thu Mar 15, 2012 9:15 am Post subject: |
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| 30 Minutes time fame
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rvg
White Belt
Joined: 31 Oct 2006
Posts: 279
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| Post: #22 Posted: Thu Mar 15, 2012 9:20 am Post subject: |
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| rameshraja wrote: | | 30 Minutes time fame |
Thanks.. will test it
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rvg
White Belt
Joined: 31 Oct 2006
Posts: 279
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| Post: #23 Posted: Tue Mar 20, 2012 9:12 am Post subject: Re: Greater Fool Zone |
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| rvg wrote: | NF is known to retrace to 15ema on the 30 min tf after reentering the envelope.
On strong trends there maybe a time correction where 15 ema catches up with price.
Thanks to Alchemist for this study |
For those who feel GFZ has failed yesterday.. Pls re-read the statement above.
On Strong trends, 15EMA catches up with price with time correction. Today, we may see that happen. As this is a Contra trade strategy, our position size has to be managed accordingly
All the best 
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Arjun20
Yellow Belt
Joined: 23 Jun 2011
Posts: 945
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| Post: #24 Posted: Tue Mar 20, 2012 9:36 am Post subject: |
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RVG Sir,
price touched EMA15 
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shivaaji143
White Belt
Joined: 16 Feb 2012
Posts: 1
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| Post: #25 Posted: Fri Mar 23, 2012 10:15 pm Post subject: gfz |
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| can u plz tell me how to set indiacators of gfz envelop parameterssma17 +-1.5%---as it was prefixed and not able to change the parameters
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prabit
White Belt
Joined: 02 Jul 2009
Posts: 133
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| Post: #26 Posted: Tue Jun 19, 2012 10:48 am Post subject: Re: gfz |
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| shivaaji143 wrote: | | can u plz tell me how to set indiacators of gfz envelop parameterssma17 +-1.5%---as it was prefixed and not able to change the parameters |
open live chart premium,click indicator,under upper indicator open envelop, next column write 17,0.015
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prst
White Belt
Joined: 24 Sep 2011
Posts: 87
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| Post: #27 Posted: Tue Jun 19, 2012 11:17 am Post subject: |
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have a query regd gfz buying.
if price goes against us, should we buy more and avg, till it hits the 15 ema?
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opportunist
White Belt
Joined: 27 Apr 2010
Posts: 356
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| Post: #28 Posted: Thu Jun 28, 2012 11:04 am Post subject: Addition to GFZ method |
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Dear all,
By using 3 envelopes simultaneously instead of one (of say 1.5%) the accuracy of projection increases manifold. I have used 3 envelopes for attached chart on NG 0.7%,2%,3%. if price goes to +3% then it MUST come back to -3% that is the theory. For NG when it went to 169 on 27th June it had to come back to 161 today. I had successfully predicted a gapdown at 161 on 27th June at around closing time on 27th June based on this theory. (Refer to SB archives)
Also GFZ may not work accordingly in strong trends. In a bull trend for example in the attached chart when price rises to 2% zone it may come to only -0.7% before rebounding.
Also each time we need to fine tune for each scrip.
Regards,
Opportunist
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amitsaraf31
White Belt
Joined: 06 Jun 2011
Posts: 3
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| Post: #29 Posted: Thu Jun 28, 2012 11:09 am Post subject: Re: Addition to GFZ method |
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Sahi hai bhai lage raho
All the best to you
| opportunist wrote: | Dear all,
By using 3 envelopes simultaneously instead of one (of say 1.5%) the accuracy of projection increases manifold. I have used 3 envelopes for attached chart on NG 0.7%,2%,3%. if price goes to +3% then it MUST come back to -3% that is the theory. For NG when it went to 169 on 27th June it had to come back to 161 today. I had successfully predicted a gapdown at 161 on 27th June at around closing time on 27th June based on this theory. (Refer to SB archives)
Also GFZ may not work accordingly in strong trends. In a bull trend for example in the attached chart when price rises to 2% zone it may come to only -0.7% before rebounding.
Also each time we need to fine tune for each scrip.
Regards,
Opportunist |
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