iCharts Discussions

[MILANCHN]

if i were to trade on monday based on details on line 364- wht shuld be my strategy...long and short both

[chiragbvyas]

[chiragbvyas]

[MILANCHN]

thnks for th effort- though confusing still. when to enter/exit - any specified targets...etc.

[chiragbvyas]

[rameshraja]

Mr Chirag

I am sorry..yesterday night I could not continue posting in this thread, as my UPS Battery driedout.

If I am not wrong, your methodology is all about taking trades based on Bollinger squeeze / or at OB and OS zone. Nevertheless, you have made us to look at BB in a statistical format, wherein, whenever the values get stalled with almost identical numbers, you call it as a Turning point or else can be termed as "Exhaustion" of the current move.

Good Observation !!

Best Wishes

C T RAMESH RAJA

[chiragbvyas]

Dear R R Sir,

Thanks for the words of courage.

I think what excel sheet represents the value in column " G " we can find out in charts also, if these parameters are set in the chart 10 (1) , but the values shown in columns D and F we can't notice in any charts.

The swing point to take tread we derive in some ways like

1. the bend's narrowest points values ( in column " G " )where we consider the actual high low and close prices act as either sup or resi and take entry accordingly long/short

2. suppose band do not tighten as compare to previous values but the values in columns D E F G are same or the nearest compare to last some days.

3. if we had taken entry using signal 1 we liquidate our position and do reverse trade or if we have missed to take entry according to point 1 we take fresh entry according to point 3 then wait for bands to tighten or same or nearest values like formation so in this process you are never square up your position, but u r in trade either long or short

this process always continue .. continue... continue...

Regards

Chirag B.Vyas

[chiragbvyas]

Dear R R SIr,

in this system if a script is coming down from up trend we see the highest value in column "g" we take trade when D E F G are same or nearest

if bottom is formed and script start rising the same thing happens.

we can not take short at the top or long at the bottom but we short near top and buy near bottom after getting confirmation means safe heaven to take trade. we never get confused to take tread coz we see that the formation has completed today when we update the excel sheet after getting closing prices.

means we know it today evening that in this script either side big move is possible so be ready for that.

is that ok ?

regards

[chiragbvyas]

I would like to know views of svkum sir , vinst and vinay as well as rahul sharma.

[rameshraja]

Mr Chirag

Whenever you find a setup like this for stocks and Nifty, keep posting the same for sometime, to have better understanding of your system

[chiragbvyas]

on wed and thursday this set up has taken place in yes bank

same days it also in tata steel

also in jswsteel

also in century text

in educomp it is on thu and friday taken place.

if u need one more confirmation using ICHIMOKU i have it in excel formula to make sure the break out


regards

[adwani1984]

hi chirag i saw your excel sheet
can u elaborate in simple manner please?
like how can v use defg in excel sheet?
how to trade?
means how can v create buy sell signal?
if u will reply i will b thankful to u.....

[chiragbvyas]

[adwani1984]

Dear Chiragbhai,

i read ur all posts but not understanding properly

so if u can elaborate i will b thanful to u.

[chiragbvyas]