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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: #691  Posted: Wed Dec 12, 2012 10:00 pm Post subject: |
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Hello ajit602,
icharts is a useful s/w and suitable for this method. you may need to mark 5 bar pivots yourself. i am not aware if icharts sw does this on its own. |
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honesttrader
White Belt
Joined: 01 Jan 2012
Posts: 44
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| Post: #692 Posted: Thu Dec 13, 2012 1:10 pm Post subject: |
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| vinst wrote: | Hello ajit602,
icharts is a useful s/w and suitable for this method. you may need to mark 5 bar pivots yourself. i am not aware if icharts sw does this on its own. |
Respected Sir,
What are the rules for this method.
Regards. |
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vinst
Black Belt
Joined: 09 Jan 2007
Posts: 3303
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| Post: #693 Posted: Thu Dec 13, 2012 1:30 pm Post subject: |
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| honesttrader wrote: | | vinst wrote: | Hello ajit602,
icharts is a useful s/w and suitable for this method. you may need to mark 5 bar pivots yourself. i am not aware if icharts sw does this on its own. |
Respected Sir,
What are the rules for this method.
Regards. |
rules are given in posts of Nov-2011. please go through those posts. |
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vinst
Black Belt
Joined: 09 Jan 2007
Posts: 3303
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| Post: #694 Posted: Thu Dec 13, 2012 2:09 pm Post subject: |
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| vinst wrote: | | vinst wrote: | | vinst wrote: | | vinst wrote: | | vinst wrote: | | vinst wrote: | | vinst wrote: | | vinst wrote: | 27-Nov-2012
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Trade 32, Long , started @ 5659 |
30-Nov-2012
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book profit, if NF below 5850. No short here |
book profit, if NF below 5860. No short here |
book profit, if NF below 5885. No short here |
3-Dec-2012
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book profit, if NF below 5865. No short here |
7-Dec-2012
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Close long and go short , if NF below 5865. |
10-Dec-2012
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Close long if NF below 5865. No short here. |
12-Dec-2012
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Close long and go short if NF below 5885. |
13-Dec-2012
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Trade 32 Long closed at 5885.
result from trade 32 (long) = 2*(5885-5659) = (+) 452
cumulative since july 2011 = +1454 + 452 = +1906
Trade 33 is with 3 lots now. shorted @ 5885 |
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honesttrader
White Belt
Joined: 01 Jan 2012
Posts: 44
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| Post: #695 Posted: Fri Dec 14, 2012 12:26 pm Post subject: |
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| vinst wrote: | | honesttrader wrote: | | vinst wrote: | Hello ajit602,
icharts is a useful s/w and suitable for this method. you may need to mark 5 bar pivots yourself. i am not aware if icharts sw does this on its own. |
Respected Sir,
What are the rules for this method.
Regards. |
rules are given in posts of Nov-2011. please go through those posts. |
Respected sir,
If you could again CCP(cut,copy,paste) the rules afresh here , it would be easy. I could not locate them. |
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vinst
Black Belt
Joined: 09 Jan 2007
Posts: 3303
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| Post: #696 Posted: Fri Dec 14, 2012 1:01 pm Post subject: |
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| honesttrader wrote: | | vinst wrote: | | honesttrader wrote: | | vinst wrote: | Hello ajit602,
icharts is a useful s/w and suitable for this method. you may need to mark 5 bar pivots yourself. i am not aware if icharts sw does this on its own. |
Respected Sir,
What are the rules for this method.
Regards. |
rules are given in posts of Nov-2011. please go through those posts. |
Respected sir,
If you could again CCP(cut,copy,paste) the rules afresh here , it would be easy. I could not locate them. |
In Nov-2011 posts, several charts were posted by users and discussion took place. So it can not be CCP easily. It would be fairly easy to located posts just by clicking on page numbers given at top of thread. once u see the first post of Nov-2011, then start reading to find the concerned matter. |
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ajit602
White Belt
Joined: 11 Sep 2012
Posts: 370
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| Post: #697 Posted: Fri Dec 14, 2012 2:14 pm Post subject: |
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| vinst wrote: | | honesttrader wrote: | | vinst wrote: | | honesttrader wrote: | | vinst wrote: | Hello ajit602,
icharts is a useful s/w and suitable for this method. you may need to mark 5 bar pivots yourself. i am not aware if icharts sw does this on its own. |
Respected Sir,
What are the rules for this method.
Regards. |
rules are given in posts of Nov-2011. please go through those posts. |
sir what is the sl for ur short trade at 5885.
Respected sir,
If you could again CCP(cut,copy,paste) the rules afresh here , it would be easy. I could not locate them. |
In Nov-2011 posts, several charts were posted by users and discussion took place. So it can not be CCP easily. It would be fairly easy to located posts just by clicking on page numbers given at top of thread. once u see the first post of Nov-2011, then start reading to find the concerned matter. |
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smartcancerian
Yellow Belt
Joined: 07 Apr 2010
Posts: 542
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| Post: #698 Posted: Mon Dec 17, 2012 8:22 am Post subject: Re: my 30min system |
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From post in Nov-2011
| vinst wrote: | 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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smartcancerian
Yellow Belt
Joined: 07 Apr 2010
Posts: 542
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honesttrader
White Belt
Joined: 01 Jan 2012
Posts: 44
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| Post: #700 Posted: Mon Dec 17, 2012 10:06 am Post subject: Re: my 30min system |
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| smartcancerian wrote: | From post in Nov-2011
| vinst wrote: | 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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Thanks smartcancerian for your time. Can anyone please explain what is meant by "the most recent 5 bar pivot high which is yet not covered by price". |
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vinst
Black Belt
Joined: 09 Jan 2007
Posts: 3303
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| Post: #701 Posted: Tue Dec 18, 2012 1:22 pm Post subject: |
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18-Dec-2012
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Trade 33 shorted @ 5885.
TSL at 5945. no long here. |
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vinst
Black Belt
Joined: 09 Jan 2007
Posts: 3303
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| Post: #702 Posted: Wed Dec 19, 2012 9:55 am Post subject: |
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| vinst wrote: | 18-Dec-2012
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Trade 33 shorted @ 5885.
TSL at 5945. no long here. |
19-Dec-2012
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TSL not triggered due to gap-up.
revised TSL 5975. not long here. |
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ajit602
White Belt
Joined: 11 Sep 2012
Posts: 370
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| Post: #703 Posted: Wed Dec 19, 2012 10:16 am Post subject: |
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| vinst wrote: | | vinst wrote: | 18-Dec-2012
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Trade 33 shorted @ 5885.
TSL at 5945. no long here. |
19-Dec-2012
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TSL not triggered due to gap-up.
revised TSL 5975. not long here. |
sir u have placed tsl very high 5975, if hit loss will be more. plz reply |
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vinst
Black Belt
Joined: 09 Jan 2007
Posts: 3303
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| Post: #704 Posted: Wed Dec 19, 2012 10:28 am Post subject: |
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| ajit602 wrote: | | vinst wrote: | | vinst wrote: | 18-Dec-2012
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Trade 33 shorted @ 5885.
TSL at 5945. no long here. |
19-Dec-2012
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TSL not triggered due to gap-up.
revised TSL 5975. not long here. |
sir u have placed tsl very high 5975, if hit loss will be more. plz reply |
this is what the method is showing at present. as SL moves against the position, it is of course a problem for traders. |
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vinst
Black Belt
Joined: 09 Jan 2007
Posts: 3303
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| Post: #705 Posted: Wed Dec 19, 2012 10:39 am Post subject: |
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| vinst wrote: | | vinst wrote: | 18-Dec-2012
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Trade 33 shorted @ 5885.
TSL at 5945. no long here. |
19-Dec-2012
----------------
TSL not triggered due to gap-up.
revised TSL 5975. not long here. |
Close short and go long if NF goes above 5975. |
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