View previous topic :: View next topic |
Author |
Intraday Trading Strategy |
godisbogus White Belt
Joined: 01 Sep 2006 Posts: 32
|
Post: #301 Posted: Mon Jun 06, 2011 3:18 pm Post subject: |
|
|
Booked profit at 5544 |
|
Back to top |
|
|
|
|
smartcancerian Yellow Belt
Joined: 07 Apr 2010 Posts: 542
|
Post: #302 Posted: Mon Jun 06, 2011 3:25 pm Post subject: |
|
|
godisbogus wrote: | Booked profit at 5544 |
this is subjective trade i wud say...not as per system approach..proper entry was near 5510..r/r nt favourable so how why dis trade was taken?? .....need avinash comments..on validity of such trades |
|
Back to top |
|
|
avinash02 White Belt
Joined: 22 Feb 2009 Posts: 343
|
Post: #303 Posted: Mon Jun 06, 2011 3:41 pm Post subject: |
|
|
smartcancerian wrote: | godisbogus wrote: | Booked profit at 5544 |
this is subjective trade i wud say...not as per system approach..proper entry was near 5510..r/r nt favourable so how why dis trade was taken?? .....need avinash comments..on validity of such trades |
ya this is subjective trade...godisbogus dont folow the sl rules...by lucky godisbogus got the target but its tooo risky ...i booked loss 27 point today ...never mind ...but i follow the system properly .....dont aggressive in trading game ....bye all
avinash |
|
Back to top |
|
|
smartcancerian Yellow Belt
Joined: 07 Apr 2010 Posts: 542
|
Post: #304 Posted: Mon Jun 06, 2011 4:40 pm Post subject: |
|
|
avinash..one thing is nt clear..our sl got hit in or arund 2.10-2.15pm..if we c 2.15 candle..we got a new hi @ 5525 odds...shudnt we calculate here our new calculation w.r.t 5525.. bt u r considering hi 5537/38 in another additional 5 mints i.e 2.20 candle hi if we c charts..r we supposed to wait for 5-10 mints after our first sl is hit or wat..??? |
|
Back to top |
|
|
bablya White Belt
Joined: 31 May 2011 Posts: 38
|
Post: #305 Posted: Mon Jun 06, 2011 7:13 pm Post subject: |
|
|
smartcancerian wrote: | avinash..one thing is nt clear..our sl got hit in or arund 2.10-2.15pm..if we c 2.15 candle..we got a new hi @ 5525 odds...shudnt we calculate here our new calculation w.r.t 5525.. bt u r considering hi 5537/38 in another additional 5 mints i.e 2.20 candle hi if we c charts..r we supposed to wait for 5-10 mints after our first sl is hit or wat..??? |
smartcancerian,
our low was 5475 . and OPEN was 5506. Diff bet OPEN and LOW is 5506-5475=31.
So for trend change to happen NF should go above 5506+ 31 =5537.
Thts the reason avinash waited for 5537 level......... trend reversal Confirmation to happen as per strat.Avi sir , correct me if i am wrong . Awaiting for ur addition.
regards
bablya |
|
Back to top |
|
|
smartcancerian Yellow Belt
Joined: 07 Apr 2010 Posts: 542
|
Post: #306 Posted: Mon Jun 06, 2011 9:02 pm Post subject: |
|
|
Thanx bablya...now its very clear to me.. |
|
Back to top |
|
|
avinash02 White Belt
Joined: 22 Feb 2009 Posts: 343
|
Post: #307 Posted: Mon Jun 06, 2011 9:09 pm Post subject: |
|
|
bablya wrote: | smartcancerian wrote: | avinash..one thing is nt clear..our sl got hit in or arund 2.10-2.15pm..if we c 2.15 candle..we got a new hi @ 5525 odds...shudnt we calculate here our new calculation w.r.t 5525.. bt u r considering hi 5537/38 in another additional 5 mints i.e 2.20 candle hi if we c charts..r we supposed to wait for 5-10 mints after our first sl is hit or wat..??? |
smartcancerian,
our low was 5475 . and OPEN was 5506. Diff bet OPEN and LOW is 5506-5475=31.
So for trend change to happen NF should go above 5506+ 31 =5537.
Thts the reason avinash waited for 5537 level......... trend reversal Confirmation to happen as per strat.Avi sir , correct me if i am wrong . Awaiting for ur addition.
regards
bablya |
bablya ur right ..... |
|
Back to top |
|
|
SAKLECHA White Belt
Joined: 26 Jan 2010 Posts: 333
|
Post: #308 Posted: Tue Jun 07, 2011 12:12 am Post subject: |
|
|
HAI AVINASH
06/06/2011.........CALCULATION STATING TREND IS UP NOT CLEAR.........WILL YOU PLEASE ELABORATE WHY YOU TAKE THIS..........IN ONE OF YOUR EARLIER POST YOU HAD MENTIONED NOT TO TRADE IF THE DIFFRENCE IS MORE THAN 30..........IN THAT CASE HOW YOU GIVE A ENTRY HEAR......
THANKS
NIRMAL SAKLECHA |
|
Back to top |
|
|
sethu45 White Belt
Joined: 06 Aug 2009 Posts: 168
|
Post: #309 Posted: Tue Jun 07, 2011 5:38 am Post subject: |
|
|
Hi Avinash. NIFTY OHL as per NSE site at 9.35 am is 5506 5511 & 5495. trend shows down with tgt 5463 s/l 5516 which was trigred. Mkt reversed suddenly. Except the entry point the strategy is good. Lets see today. |
|
Back to top |
|
|
avinash02 White Belt
Joined: 22 Feb 2009 Posts: 343
|
Post: #310 Posted: Tue Jun 07, 2011 9:30 am Post subject: NIFTY INTRA |
|
|
trnd is up
sl=5495.3
tg=5551.40
avinash |
|
Back to top |
|
|
arvind_kumar White Belt
Joined: 17 Sep 2010 Posts: 27
|
Post: #311 Posted: Tue Jun 07, 2011 9:32 am Post subject: |
|
|
bought 2 lots.......thanks avinash........ |
|
Back to top |
|
|
bablya White Belt
Joined: 31 May 2011 Posts: 38
|
Post: #312 Posted: Tue Jun 07, 2011 9:34 am Post subject: |
|
|
SAKLECHA wrote: | HAI AVINASH
06/06/2011.........CALCULATION STATING TREND IS UP NOT CLEAR.........WILL YOU PLEASE ELABORATE WHY YOU TAKE THIS..........IN ONE OF YOUR EARLIER POST YOU HAD MENTIONED NOT TO TRADE IF THE DIFFRENCE IS MORE THAN 30..........IN THAT CASE HOW YOU GIVE A ENTRY HEAR......
THANKS
NIRMAL SAKLECHA |
thaane second entry samjhi nai kai? |
|
Back to top |
|
|
sujai1234 White Belt
Joined: 27 May 2011 Posts: 106
|
Post: #313 Posted: Tue Jun 07, 2011 9:35 am Post subject: |
|
|
ok fine trend is up ;pls advise the entry point may be around 5510-5520 |
|
Back to top |
|
|
avinash02 White Belt
Joined: 22 Feb 2009 Posts: 343
|
Post: #314 Posted: Tue Jun 07, 2011 9:38 am Post subject: |
|
|
sujai1234 wrote: | ok fine trend is up ;pls advise the entry point may be around 5510-5520 |
sujai
y 5510-5520.... i bought at 5522 ... sl is 28 point so take entry
avinash |
|
Back to top |
|
|
bablya White Belt
Joined: 31 May 2011 Posts: 38
|
Post: #315 Posted: Tue Jun 07, 2011 9:46 am Post subject: |
|
|
hi avibhai, can u pls tell me OHL figures ? Due to connectivity issues , i lost the data? |
|
Back to top |
|
|
|