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how to make 60 crores in 5 years with 20000 investment |
vinst
Black Belt
Joined: 09 Jan 2007
Posts: 3303
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Post: #406  Posted: Thu Nov 03, 2011 10:06 am Post subject: my 30min system |
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| Go short if NF goes below 5236 |
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WhiteSwan
White Belt
Joined: 31 Aug 2011
Posts: 13
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| Post: #407 Posted: Thu Nov 03, 2011 10:12 am Post subject: |
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Vinst,
Go Short at 5236 index price right? Forgive my ignorance.
Tnx
WhiteSwan-BLR |
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vinst
Black Belt
Joined: 09 Jan 2007
Posts: 3303
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| Post: #408 Posted: Thu Nov 03, 2011 10:30 am Post subject: |
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| WhiteSwan wrote: | Vinst,
Go Short at 5236 index price right? Forgive my ignorance.
Tnx
WhiteSwan-BLR |
It is NF: Nifty futures |
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anantha
White Belt
Joined: 18 Feb 2011
Posts: 96
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| Post: #409 Posted: Fri Nov 04, 2011 10:00 am Post subject: |
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| in sbin yestday close above its 34ema as 1918 buy and hold today its 34ema is 1918 hold with this stoploss for long or book profit |
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vinst
Black Belt
Joined: 09 Jan 2007
Posts: 3303
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| Post: #410 Posted: Mon Nov 07, 2011 5:50 pm Post subject: Re: my 30min system |
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| vinst wrote: | | Go short if NF goes below 5236 |
trade 11:
shorted at 5236.
reversal SL is 5363. |
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codered
White Belt
Joined: 03 Nov 2011
Posts: 71
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| Post: #411 Posted: Mon Nov 07, 2011 6:09 pm Post subject: Re: my 30min system |
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| vinst wrote: | | vinst wrote: | | Go short if NF goes below 5236 |
trade 11:
shorted at 5236.
reversal SL is 5363. |
Where is the formula as u said will give out after 10th trade. |
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freedom
White Belt
Joined: 06 Jul 2011
Posts: 126
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| Post: #412 Posted: Mon Nov 07, 2011 6:12 pm Post subject: Re: my 30min system |
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| vinst wrote: | | vinst wrote: | | Go short if NF goes below 5236 |
trade 11:
shorted at 5236.
reversal SL is 5363. |
Yes, i fully support codered & you didn't reply to my mail.i hoped u would reply. |
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vinst
Black Belt
Joined: 09 Jan 2007
Posts: 3303
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| Post: #413 Posted: Mon Nov 07, 2011 6:14 pm Post subject: my 30min system |
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Note 1 : Method is not my discovery. I have only adapted to suit me.
I use 3 moving averages: 4sma, 17sma, 34ema on time frame 30minutes.
when all three MA's are in sequence, trades are placed on violating immediately previous 5 bar pivot which is yet not covered by price.
for Long, 4sma>17sma>34ema. once this happens, trade will be taken if price goes above the most recent 5 bar pivot high which is yet not covered by price. price must overtake this pivot high by 0.2%. Long trade will go on till opposite sequence of MA's is achieved for short. |
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sandew
White Belt
Joined: 02 Feb 2009
Posts: 174
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| Post: #414 Posted: Mon Nov 07, 2011 6:38 pm Post subject: 30M |
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Vinst,
In last 10 days you got 2 trades, and had you carried overnight first time, you made a killing. (oct 25 pre- Deepawli through to Oct 31)
Second time, a small gain. ( Nov 1 to Nov 2 , exit on marginal profit)
I presume you quit the position when the sma are no longer in tandem (NOT as you said "Long trade will go on till opposite sequence of MA's is achieved for short." )
Currently you have no position and are awaiting a trigger.
Current 5 bar Pivots are , which do confirm are :
for long it is 5325 (or is it 5302)
For short it is 5257 or is it 5202
All above Nifty Spots figures.
Do confirm this is what you meant.
===========
For Nifty1-M figures would be
for long it is 5352 (or is it 5333)
For short ii is 5285 or is it 5201 |
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vinst
Black Belt
Joined: 09 Jan 2007
Posts: 3303
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| Post: #415 Posted: Mon Nov 07, 2011 8:05 pm Post subject: Re: 30M |
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| sandew wrote: | Vinst,
In last 10 days you got 2 trades, and had you carried overnight first time, you made a killing. (oct 25 pre- Deepawli through to Oct 31)
Second time, a small gain. ( Nov 1 to Nov 2 , exit on marginal profit)
I presume you quit the position when the sma are no longer in tandem (NOT as you said "Long trade will go on till opposite sequence of MA's is achieved for short." )
Currently you have no position and are awaiting a trigger.
Current 5 bar Pivots are , which do confirm are :
for long it is 5325 (or is it 5302)
For short it is 5257 or is it 5202
All above Nifty Spots figures.
Do confirm this is what you meant.
===========
For Nifty1-M figures would be
for long it is 5352 (or is it 5333)
For short ii is 5285 or is it 5201 |
A running position is not stopped just because MA's are no more in tandem. This condition can lead to a profit-protection SL (not necessarily reversal SL).
For Nifty1-M, it is 5353 as pivot to be overcome with 0.2%.
For short, no pivot can be defined as of now since MA's are not in 'shorting' sequence (4s<17s<34e). |
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sandew
White Belt
Joined: 02 Feb 2009
Posts: 174
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| Post: #416 Posted: Mon Nov 07, 2011 8:43 pm Post subject: 30M |
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Vinst,
Great, you are requested to amplify few more
1. How do you determine SL, and, the profit taking SL, and, the reversal SL
2. how do you enter a position mid-way if you happen to miss entering the first time.
3. do you open a position last half hour of the trading day / Friday
Thank You |
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vinst
Black Belt
Joined: 09 Jan 2007
Posts: 3303
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| Post: #417 Posted: Wed Nov 09, 2011 7:31 pm Post subject: Re: 30M |
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| sandew wrote: | Vinst,
Great, you are requested to amplify few more
1. How do you determine SL, and, the profit taking SL, and, the reversal SL
2. how do you enter a position mid-way if you happen to miss entering the first time.
3. do you open a position last half hour of the trading day / Friday
Thank You |
1. there is no pre-determined SL usually. profit-taking SL arises only when MA's come out of sequence but do not reverse the sequence. In such case, a suitable pivot will become profit-taking SL.
2. Mid-way position is a problem. I usually don't take it.
3. time of day is not a factor. |
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freedom
White Belt
Joined: 06 Jul 2011
Posts: 126
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| Post: #418 Posted: Wed Nov 09, 2011 10:13 pm Post subject: |
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| Vinst, reply man , i am waiting for ur reply. |
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vinst
Black Belt
Joined: 09 Jan 2007
Posts: 3303
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| Post: #419 Posted: Fri Nov 25, 2011 10:38 am Post subject: Re: my 30min system |
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| vinst wrote: | | vinst wrote: | | Go short if NF goes below 5236 |
trade 11:
shorted at 5236.
reversal SL is 5363. |
reversal SL is 4865 |
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vinst
Black Belt
Joined: 09 Jan 2007
Posts: 3303
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| Post: #420 Posted: Mon Nov 28, 2011 7:52 pm Post subject: |
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Trade 12 is now Long from 4865.
11th trade (short): 5236-4865 = (+) 371
cumulative till end of 11th trade : (+) 678 |
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