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Intraday Trading Strategy |
umeshlp White Belt
Joined: 08 Sep 2011 Posts: 14
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Post: #2401 Posted: Fri Jul 06, 2012 11:12 pm Post subject: |
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vinst wrote: | vinst wrote: | NF in intra down
SL 5354
Tgt 5295
entry at or abv 5324 |
shorted |
Hello Vinst,
Since it is a intraday trade, did you square off your position? If yes, then at what price & time? |
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vinst Black Belt
Joined: 09 Jan 2007 Posts: 3303
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Post: #2402 Posted: Sat Jul 07, 2012 8:41 am Post subject: |
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umeshlp wrote: | vinst wrote: | vinst wrote: | NF in intra down
SL 5354
Tgt 5295
entry at or abv 5324 |
shorted |
Hello Vinst,
Since it is a intraday trade, did you square off your position? If yes, then at what price & time? |
sqrd up at 5320 near end-of-day |
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snaik57 White Belt
Joined: 20 Nov 2010 Posts: 8
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Post: #2403 Posted: Sun Jul 08, 2012 9:27 pm Post subject: Re: Intraday Trading Strategy |
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bkda wrote: | Good Morning Mr.Avinash,
I've one doubt about the levels (open, close, high values). shall we take previous day open, high, close or anything else?
Pl inform.
thanks & regards
bhaskar, hyderabad.
avinash02 wrote: |
1) This strategy only on intraday trading...not for delivery or long time.
2) During use this strategy dont follow any news,tips or any other information
just follow the system ....
TREND FINDING METHOD
FRIST take the low price,open price,high price
example 1.
low price = 5971
open price = 5976
high price = 5987
now, count the different between Open - Low = 5
and Open - High =11.
so intra up trend ..
example 2.
low price = 5961
open price = 5976
high price = 5982
now, count the different between Open - Low = 15
and Open - High = 6.
so intra down trend.....
now u find the trend ...now go for stoploss method
STOPLOSS FORMULA
1) SL FORMULA FOR BUY POSITION
BUY SL = {(OPEN - (OPEN = HIGH) - 1}
= (5976-(11)-1}
=(5965-1)
BUY SL IS = 5964.
NOTE:- if the sl hit reverse the position BUY to SELL...
2) SL FORMULA FOR SELL POSITION
SELL SL = {OPEN + (OPEN = LOW) +1}
= {5976+(15)+1}
=(5991+1)
SELL SL IS = (5992)
NOTE:- if the sl hit reverse the position SELL to BUY...
TARGET FORMULA FOR BUY POSITION
BUY TG = { OPEN + (SCRIPT OPEN PRICE * 0.75 %)}
= {5976 + (5976*0.75)}
=(5976+45)
=(6021)
TARGET FORMULA FOR SELL POSITION
SELL TG= {OPEN-(SCRIPT OPEN PRICE * 0.75)}
=(5976 - (5976*0.75)}
=(5976-45)
=(5931)
NOTE:- THIS METHOD ONLY USE INTRADAY AND THE STOPLOSS MORE THEN 30 POINTS IN NIFTY DONT TRADE ....
Hope its useful for icharts user
thanx
Avinash |
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sonila Brown Belt
Joined: 04 Jun 2009 Posts: 1786
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Post: #2404 Posted: Sun Jul 08, 2012 11:17 pm Post subject: |
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Snaik57, ur message is not understandable. |
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snaik57 White Belt
Joined: 20 Nov 2010 Posts: 8
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Post: #2405 Posted: Mon Jul 09, 2012 8:38 am Post subject: |
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sonila wrote: | Snaik57, ur message is not understandable. |
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vinst Black Belt
Joined: 09 Jan 2007 Posts: 3303
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Post: #2406 Posted: Mon Jul 09, 2012 9:33 am Post subject: |
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NF in intra down
SL 5328
Tgt 5271
entry taken at 5299 |
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sonila Brown Belt
Joined: 04 Jun 2009 Posts: 1786
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Post: #2407 Posted: Mon Jul 09, 2012 12:35 pm Post subject: |
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vinst wrote: | NF in intra down
SL 5328
Tgt 5271
entry taken at 5299 |
TGT achvd. |
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snaik57 White Belt
Joined: 20 Nov 2010 Posts: 8
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Post: #2408 Posted: Mon Jul 09, 2012 8:47 pm Post subject: Re: Intraday Trading Strategy |
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snaik57 wrote: | bkda wrote: | Good Morning Mr.Avinash,
I've one doubt about the levels (open, close, high values). shall we take previous day open, high, close or anything else?
Pl inform.
thanks & regards
bhaskar, hyderabad.
avinash02 wrote: |
1) This strategy only on intraday trading...not for delivery or long time.
2) During use this strategy dont follow any news,tips or any other information
just follow the system ....
TREND FINDING METHOD
FRIST take the low price,open price,high price
example 1.
low price = 5971
open price = 5976
high price = 5987
now, count the different between Open - Low = 5
and Open - High =11.
so intra up trend ..
example 2.
low price = 5961
open price = 5976
high price = 5982
now, count the different between Open - Low = 15
and Open - High = 6.
so intra down trend.....
now u find the trend ...now go for stoploss method
STOPLOSS FORMULA
1) SL FORMULA FOR BUY POSITION
BUY SL = {(OPEN - (OPEN = HIGH) - 1}
= (5976-(11)-1}
=(5965-1)
BUY SL IS = 5964.
NOTE:- if the sl hit reverse the position BUY to SELL...
2) SL FORMULA FOR SELL POSITION
SELL SL = {OPEN + (OPEN = LOW) +1}
= {5976+(15)+1}
=(5991+1)
SELL SL IS = (5992)
NOTE:- if the sl hit reverse the position SELL to BUY...
TARGET FORMULA FOR BUY POSITION
BUY TG = { OPEN + (SCRIPT OPEN PRICE * 0.75 %)}
= {5976 + (5976*0.75)}
=(5976+45)
=(6021)
TARGET FORMULA FOR SELL POSITION
SELL TG= {OPEN-(SCRIPT OPEN PRICE * 0.75)}
=(5976 - (5976*0.75)}
=(5976-45)
=(5931)
NOTE:- THIS METHOD ONLY USE INTRADAY AND THE STOPLOSS MORE THEN 30 POINTS IN NIFTY DONT TRADE ....
Hope its useful for icharts user
thanx
Avinash |
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forexmoney Yellow Belt
Joined: 19 Oct 2011 Posts: 851
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Post: #2409 Posted: Tue Jul 10, 2012 9:51 am Post subject: |
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hi sonilla,vinst,avinash,wats is tudays trade? |
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riteshucha Green Belt
Joined: 19 May 2012 Posts: 1292
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Post: #2410 Posted: Tue Jul 10, 2012 9:56 am Post subject: |
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i think it is Intra up
bought at 5288
tgt - 5324
SL - 5271
forexmoney wrote: | hi sonilla,vinst,avinash,wats is tudays trade? |
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forexmoney Yellow Belt
Joined: 19 Oct 2011 Posts: 851
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Post: #2411 Posted: Tue Jul 10, 2012 12:20 pm Post subject: |
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i boted at 5288 and booked at 5310,now my query is should i short sell if it cums below 5275? |
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sonila Brown Belt
Joined: 04 Jun 2009 Posts: 1786
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Post: #2412 Posted: Tue Jul 10, 2012 2:48 pm Post subject: |
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riteshucha wrote: | i think it is Intra up
bought at 5288
tgt - 5324
SL - 5271
forexmoney wrote: | hi sonilla,vinst,avinash,wats is tudays trade? |
| tgt achvd. |
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forexmoney Yellow Belt
Joined: 19 Oct 2011 Posts: 851
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Post: #2413 Posted: Wed Jul 11, 2012 9:31 am Post subject: |
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hi traders.intraday up,bot at 5334,sl of 5314 |
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vinst Black Belt
Joined: 09 Jan 2007 Posts: 3303
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Post: #2414 Posted: Wed Jul 11, 2012 9:42 am Post subject: |
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forexmoney wrote: | hi traders.intraday up,bot at 5334,sl of 5314 |
tgt 5364 |
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forexmoney Yellow Belt
Joined: 19 Oct 2011 Posts: 851
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Post: #2415 Posted: Wed Jul 11, 2012 10:37 am Post subject: |
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vinst,if it cums blw 5315 ,i should shorts? with a sl of high? if yes then wat wil be the tgt? |
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