|
View previous topic :: View next topic |
Author |
Intraday Trading Strategy |
forexmoney Yellow Belt
Joined: 19 Oct 2011 Posts: 851
|
Post: #1996 Posted: Fri Mar 16, 2012 12:43 pm Post subject: |
|
|
avinash,this is the reason i asked u fr buying as it was falling mkt,so in this case i think now it is a better option tu buy abv 5412,wat u say? |
|
Back to top |
|
|
| |
forexmoney Yellow Belt
Joined: 19 Oct 2011 Posts: 851
|
Post: #1997 Posted: Fri Mar 16, 2012 12:52 pm Post subject: |
|
|
avinash,see how it has shoot up as i said, |
|
Back to top |
|
|
sonila Brown Belt
Joined: 04 Jun 2009 Posts: 1786
|
Post: #1998 Posted: Fri Mar 16, 2012 5:32 pm Post subject: |
|
|
Instead of using ODIN values of o,h,l,c, if we use actual values from chart, then we will get
o=5417.1, h= 5444.8,l= 5415.3,
then UPTREND, BUY SL =5388,BUY TGT = 5457, BUY RANGE =(5418-5413)
Buy triggered at 12.00 at 5418,
tgt achvd at 12.21 at 5457 (+39 pts)
ODIN DATA OR CHART DATA one can use according to one's choice. |
|
Back to top |
|
|
sonila Brown Belt
Joined: 04 Jun 2009 Posts: 1786
|
Post: #1999 Posted: Fri Mar 16, 2012 5:41 pm Post subject: |
|
|
this strategy which is developed by AVINASH is so good in many ways.
it is very simple to use.
no indicator, no analysis, no ema, no sma, no candlestick, nothing required.
gives target of 30/35 pts for a single lot for 1 trade against a risk of 30 pts.
again i want to say
THIS IS A GREAT STRATEGY.
|
|
Back to top |
|
|
SP50 Brown Belt
Joined: 26 Nov 2010 Posts: 1615
|
Post: #2000 Posted: Fri Mar 16, 2012 6:25 pm Post subject: |
|
|
Hi everyone,
I am a new trader and am following this forum for sometime now and i came across this strategy and it looks very nice and simple and like Avinash said that 8 out of 10 times it works then its too good,
All that I want to know are small clarifications,
Can anyone please help me out?
OHLC numbers of NF to be taken at 9.30 or 9.15? hope i understand its nifty future nos and not spot.
Next if SL triggers at a point of time then how to find the trend then. Say I went long and stoploss triggered at 11am then shall i straight away reverse to short with the calculated nos at 9.30/9.15 or shall i find back the trend then when Stoploss triggerred?
This is my confusion if anyone can help.
Regards, |
|
Back to top |
|
|
paa White Belt
Joined: 28 Sep 2010 Posts: 178
|
Post: #2001 Posted: Fri Mar 16, 2012 7:22 pm Post subject: |
|
|
i tried this strategy. looks good. gain 73 points |
|
Back to top |
|
|
maddyprincess White Belt
Joined: 15 Nov 2011 Posts: 160
|
Post: #2002 Posted: Fri Mar 16, 2012 7:47 pm Post subject: |
|
|
sonila wrote: | Instead of using ODIN values of o,h,l,c, if we use actual values from chart, then we will get
o=5417.1, h= 5444.8,l= 5415.3,
then UPTREND, BUY SL =5388,BUY TGT = 5457, BUY RANGE =(5418-5413)
Buy triggered at 12.00 at 5418,
tgt achvd at 12.21 at 5457 (+39 pts)
ODIN DATA OR CHART DATA one can use according to one's choice. |
Sonila, this trade stop loss 5488 has been triggered.
Pl check |
|
Back to top |
|
|
vinodgatta White Belt
Joined: 11 Nov 2011 Posts: 1
|
Post: #2003 Posted: Fri Mar 16, 2012 8:29 pm Post subject: sir can u mail me details of this strategy....pls |
|
|
sonila wrote: | this strategy which is developed by AVINASH is so good in many ways.
it is very simple to use.
no indicator, no analysis, no ema, no sma, no candlestick, nothing required.
gives target of 30/35 pts for a single lot for 1 trade against a risk of 30 pts.
again i want to say
THIS IS A GREAT STRATEGY.
|
|
|
Back to top |
|
|
vinst Black Belt
Joined: 09 Jan 2007 Posts: 3303
|
Post: #2004 Posted: Mon Mar 19, 2012 9:55 am Post subject: |
|
|
NF in intra down
SL 5406, tgt 5315, entry at or abv 5376 |
|
Back to top |
|
|
vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
|
Post: #2005 Posted: Mon Mar 19, 2012 10:17 am Post subject: |
|
|
vinst, is it still valid considering that target has already been met? And even if it is, doesn't it make sense that we should reduce risk by taking a position within 20 points of SL (at or above 5386) instead of 30? |
|
Back to top |
|
|
vinst Black Belt
Joined: 09 Jan 2007 Posts: 3303
|
Post: #2006 Posted: Mon Mar 19, 2012 10:23 am Post subject: |
|
|
vinay28 wrote: | vinst, is it still valid considering that target has already been met? And even if it is, doesn't it make sense that we should reduce risk by taking a position within 20 points of SL (at or above 5386) instead of 30? |
In the past there were occasions when such entries gave handsome rewards. if it doesn't trigger, then no harm is caused. That's why I am staying with this as it is. |
|
Back to top |
|
|
dharmeshtr White Belt
Joined: 10 Feb 2011 Posts: 205
|
Post: #2007 Posted: Tue Mar 20, 2012 9:37 am Post subject: How to calculate Buy / Sell zone(s) |
|
|
Quote: | Sonila,
How to calculate Buy / Sell Zone(s) and take the trade?
The calculation of StopLoss for Buy / Sell is clear.
Today, also Target of 5306 achieved.
Pls advice.
Thanks,
Dharmesh |
sonila wrote: | this strategy which is developed by AVINASH is so good in many ways.
it is very simple to use.
no indicator, no analysis, no ema, no sma, no candlestick, nothing required.
gives target of 30/35 pts for a single lot for 1 trade against a risk of 30 pts.
again i want to say
THIS IS A GREAT STRATEGY.
|
|
|
Back to top |
|
|
sonila Brown Belt
Joined: 04 Jun 2009 Posts: 1786
|
Post: #2008 Posted: Tue Mar 20, 2012 11:06 am Post subject: |
|
|
TODAY(20.MAR.2012 = TUES) UPDATES
9.15-9.30 data from chart
o=5275, h=5307, l= 5267
as (h-o) > (o-l), so trend is UPTREND
buy TGRT = 5314, BUY SL = 5242, BUY RANGE =(5267-5272)
buy not triggered till now. |
|
Back to top |
|
|
maddyprincess White Belt
Joined: 15 Nov 2011 Posts: 160
|
Post: #2009 Posted: Tue Mar 20, 2012 2:01 pm Post subject: |
|
|
TODAY(20.MAR.2012 = TUES) UPDATES
9.30 data from ODIN
o=5267, h=5308.25, l= 5266
as (h-o) > (o-l), so trend is UPTREND
buy TGRT = 5306, BUY SL = 5225, BUY RANGE = 5255
buy trade triggered @ 1.16 pm
Tgt Achieved @ 1.58 pm
Thank Avinash, Vinst, Sonila for this wonderful strategy !!!!!!
|
|
Back to top |
|
|
vinst Black Belt
Joined: 09 Jan 2007 Posts: 3303
|
Post: #2010 Posted: Tue Mar 20, 2012 3:08 pm Post subject: |
|
|
sonila wrote: | TODAY(20.MAR.2012 = TUES) UPDATES
9.15-9.30 data from chart
o=5275, h=5307, l= 5267
as (h-o) > (o-l), so trend is UPTREND
buy TGRT = 5314, BUY SL = 5242, BUY RANGE =(5267-5272)
buy not triggered till now. |
successful day ! |
|
Back to top |
|
|
|
|
You cannot post new topics in this forum You cannot reply to topics in this forum You cannot edit your posts in this forum You cannot delete your posts in this forum You cannot vote in polls in this forum You can attach files in this forum You can download files in this forum
|
Powered by phpBB © 2001, 2005 phpBB Group
|
|
|