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Intraday Trading Strategy |
vinst Black Belt

Joined: 09 Jan 2007 Posts: 3303
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Post: #1156 Posted: Wed Aug 03, 2011 1:16 pm Post subject: |
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devarilla wrote: | vinay28 wrote: | Thanks avinash. I have taken a chance and gone long at 5403 |
Vinay hats off to you. you are the king. Great man great. Nifty rocking went up to 5436. Who said trend is down? |
british divisive tactics enter the fray |
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vinay28 Black Belt

Joined: 24 Dec 2010 Posts: 11748
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Post: #1157 Posted: Wed Aug 03, 2011 1:17 pm Post subject: |
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Avinash, if you see my post before 9.30, I was not sure down target will be met. Also, the way market was behaving (sharp movements with large buying with no movement for more than a second), I thought that big players were waiting for sellers to come into their trap like suckers. Therefore, I felt market will go up.
When you said exit, I took it as a sign that you too were not certain. Hence I thanked you and I won't take it back, whether you like it or not.
Devarilla - I am neither great nor am I a king. I just went by my gut feeling looking at the way chart was behaving and I hope I will be lucky to get my target of 5444 and then 5480. |
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devarilla White Belt

Joined: 29 Jun 2011 Posts: 6
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Post: #1158 Posted: Wed Aug 03, 2011 1:23 pm Post subject: |
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vinay28 wrote: | Avinash, if you see my post before 9.30, I was not sure down target will be met. Also, the way market was behaving (sharp movements with large buying with no movement for more than a second), I thought that big players were waiting for sellers to come into their trap like suckers. Therefore, I felt market will go up.
When you said exit, I took it as a sign that you too were not certain. Hence I thanked you and I won't take it back, whether you like it or not.
Devarilla - I am neither great nor am I a king. I just went by my gut feeling looking at the way chart was behaving and I hope I will be lucky to get my target of 5444 and then 5480. |
Vinay boss i dont think you are trading on gut feeling. Please open a new thread and share your valuable thoughts so that losers like me can recoup and make a come back. We will be ever grateful to you. PLEASE......... |
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vinay28 Black Belt

Joined: 24 Dec 2010 Posts: 11748
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Post: #1159 Posted: Wed Aug 03, 2011 1:32 pm Post subject: |
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Hahaha. Losers like you? You have no idea how much I have lost. I presume you are young enough to have the time and inclination to learn, in which case, you should patiently go through all threads under different topics.
AND, Avinash's strategy does work more often than not. Just don't do anything with greed or panic.
Honestly, I have no expertise to offer. |
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devarilla White Belt

Joined: 29 Jun 2011 Posts: 6
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Post: #1160 Posted: Wed Aug 03, 2011 1:48 pm Post subject: |
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Last edited by devarilla on Wed Aug 03, 2011 2:12 pm; edited 1 time in total |
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vinay28 Black Belt

Joined: 24 Dec 2010 Posts: 11748
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Post: #1161 Posted: Wed Aug 03, 2011 2:00 pm Post subject: |
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Amazing. With God's grace I haven't lost so much and I also hope and pray I don't. But what I have lost has hurt my life and my ego big time. It means you are probably knowing too much only to get confused. I have no authority to advise you but may be you should try investing instead of trading.
We should stop writing all this on this important thread. You can contribute your story under a thread created for this very purpose. |
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rk_a2003 Black Belt

Joined: 21 Jan 2010 Posts: 2734
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Post: #1162 Posted: Wed Aug 03, 2011 9:51 pm Post subject: |
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Hi All !
Few days back ANS posted his trading sheet and requested all of us to contribute for the further development of the strategy.During that time no concrete formulations in my mind. Now, there are some .
My suggestions are
1. If the trade is not moving in your way in first 2 1/2 hours. The chance of hitting stop loss is bright. Therefore don't wait too long and get out even at breakeven or with little profit after 2 1/2 hours (before European markets open)
2. Check the OHLC at 9.30 with the help of 15 minute candle. Don’t take trading terminal stats.
3. On 15 M candle if nifty and miny nifty are presenting opposite trends. Go with the trend in tune with the Global cues.
These are my proposals from the trading experience. They need to be developed with further contributions.
RK |
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vinst Black Belt

Joined: 09 Jan 2007 Posts: 3303
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Post: #1163 Posted: Thu Aug 04, 2011 9:54 am Post subject: |
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NF intraday trend down.
SL 5443, tgt 5384, entry was at 9:30 price.
but today is a doji ? |
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vinay28 Black Belt

Joined: 24 Dec 2010 Posts: 11748
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Post: #1164 Posted: Thu Aug 04, 2011 9:58 am Post subject: |
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I again got opposite trends from terminal and chart. I am long from 5403. |
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satishkadam Yellow Belt

Joined: 01 Apr 2010 Posts: 805
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Post: #1165 Posted: Thu Aug 04, 2011 10:06 am Post subject: |
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vinst wrote: | NF intraday trend down.
SL 5443, tgt 5384, entry was at 9:30 price.
but today is a doji ? |
Can u tell us where u see doji... and what it indicates
thansk |
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rk_a2003 Black Belt

Joined: 21 Jan 2010 Posts: 2734
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Post: #1166 Posted: Thu Aug 04, 2011 10:55 am Post subject: |
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vinst wrote: | NF intraday trend down.
SL 5443, tgt 5384, entry was at 9:30 price.
but today is a doji ? |
Vinst,
You must be meaning yesterday was Doji ! |
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avinash02 White Belt

Joined: 22 Feb 2009 Posts: 343
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Post: #1167 Posted: Thu Aug 04, 2011 11:18 am Post subject: |
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i booked @ 5397 wooooooooooooooo  |
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vinst Black Belt

Joined: 09 Jan 2007 Posts: 3303
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Post: #1168 Posted: Thu Aug 04, 2011 12:26 pm Post subject: |
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rk_a2003 wrote: | vinst wrote: | NF intraday trend down.
SL 5443, tgt 5384, entry was at 9:30 price.
but today is a doji ? |
Vinst,
You must be meaning yesterday was Doji ! |
I had mentioned doji for opening 15min bar of today. |
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avinash02 White Belt

Joined: 22 Feb 2009 Posts: 343
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Post: #1169 Posted: Thu Aug 04, 2011 12:31 pm Post subject: |
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again ready for short at 5435-5440 sl 5442
i put at 5438 sl 5442
avinash |
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vinst Black Belt

Joined: 09 Jan 2007 Posts: 3303
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Post: #1170 Posted: Thu Aug 04, 2011 12:34 pm Post subject: |
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avinash02 wrote: | again ready for short at 5435-5440 sl 5442
i put at 5438 sl 5442
avinash |
avinash,
should we not re-calculate with he low and high as of now? just a thought.
if we re-calculate, then SL is 5460 and tgt is same @ 5384 but short at or abv 5430 |
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