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New setup --Crude intraday |
amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #301 Posted: Wed Feb 25, 2015 9:16 pm Post subject: |
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Rahulsharmaat wrote: | 3136 was buy n sell at 3057
25 point target hit....what sl u saying no idea |
Tick high is 3105 something and 3135 cannot be seen at all in tick chart today and being 30 point off..... He has rightly considered 3105 level as high....... |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #302 Posted: Wed Feb 25, 2015 9:18 pm Post subject: |
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amitagg wrote: | yousaidit wrote: | rahul stop loss hit
today both chandru and rahul stop loss hit.
88 points minus.
crude Only for very very mentally experienced traders |
No holy grail...... Crude most interesting.......
I mentioned REENTRY trade a while back
Short gave 25 points and should have been higher quantity ....... I did not trade Chandu today....
We need to stidy charts ..... Use system for defining or LIMITNG our Self contra trades etc etc
Also sideways crude market...... When it trends not sure day week or month later we shall be in it.......
Have to trade varying quantity bets I would assume. I miss some good and bad entries .... So am updating system figures for all to see
Do not judge system on single day.... Follow it rigoursly
Rohan in sell since yesterday.... So longs did not profit
Various things afterthoughts before thoughts etc
But crude with mental fortitude is there is test he trader skills better..... Learn to trade it rather than move away........
Now Rahul / Rohan have given me a defined SL level for my intra trades which I was missing..... And for me at is biggest contribution .... Not the entries as such.... Entries many a time I take even better earlier......
Each has his own style to play but system is there for rigorous followers and only if it disappoints over a month or quarter we shall refine
Also 3pm levels are still difficult for me since volatility kicks after 5/7 |
Also be very nimble and have extra quick exits is what I told months back..........and for this system have 25/30 pointer profit square off bids in system. |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #303 Posted: Wed Feb 25, 2015 9:22 pm Post subject: |
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amitagg wrote: | amitagg wrote: | yousaidit wrote: | rahul stop loss hit
today both chandru and rahul stop loss hit.
88 points minus.
crude Only for very very mentally experienced traders |
No holy grail...... Crude most interesting.......
I mentioned REENTRY trade a while back
Short gave 25 points and should have been higher quantity ....... I did not trade Chandu today....
We need to stidy charts ..... Use system for defining or LIMITNG our Self contra trades etc etc
Also sideways crude market...... When it trends not sure day week or month later we shall be in it.......
Have to trade varying quantity bets I would assume. I miss some good and bad entries .... So am updating system figures for all to see
Do not judge system on single day.... Follow it rigoursly
Rohan in sell since yesterday.... So longs did not profit
Various things afterthoughts before thoughts etc
But crude with mental fortitude is there is test he trader skills better..... Learn to trade it rather than move away........
Now Rahul / Rohan have given me a defined SL level for my intra trades which I was missing..... And for me at is biggest contribution .... Not the entries as such.... Entries many a time I take even better earlier......
Each has his own style to play but system is there for rigorous followers and only if it disappoints over a month or quarter we shall refine
Also 3pm levels are still difficult for me since volatility kicks after 5/7 |
Also be very nimble and have extra quick exits is what I told months back..........and for this system have 25/30 pointer profit square off bids in system. |
And on funny side IF WELGRO asks for my P and L again today I am running a small profit despite what you call and calculate 2 SL hits one each for Rahul and Chandru ( and Rahul just making a profit hit on short side) |
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yousaidit White Belt
Joined: 08 Jan 2015 Posts: 42
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Post: #304 Posted: Wed Feb 25, 2015 9:25 pm Post subject: |
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amitagg wrote: | yousaidit wrote: | rahul stop loss hit
today both chandru and rahul stop loss hit.
88 points minus.
crude Only for very very mentally experienced traders |
No holy grail...... Crude most interesting.......
I mentioned REENTRY trade a while back
Short gave 25 points and should have been higher quantity ....... I did not trade Chandu today....
We need to stidy charts ..... Use system for defining or LIMITNG our Self contra trades etc etc
Also sideways crude market...... When it trends not sure day week or month later we shall be in it.......
Have to trade varying quantity bets I would assume. I miss some good and bad entries .... So am updating system figures for all to see
Do not judge system on single day.... Follow it rigoursly
Rohan in sell since yesterday.... So longs did not profit
Various things afterthoughts before thoughts etc
But crude with mental fortitude is there is test he trader skills better..... Learn to trade it rather than move away........
Now Rahul / Rohan have given me a defined SL level for my intra trades which I was missing..... And for me at is biggest contribution .... Not the entries as such.... Entries many a time I take even better earlier......
Each has his own style to play but system is there for rigorous followers and only if it disappoints over a month or quarter we shall refine
Also 3pm levels are still difficult for me since volatility kicks after 5/7 |
agreed no holy grail yet need to be mentally and financially strong for re entry what happens if yet again proven wrong thats my understanding |
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yousaidit White Belt
Joined: 08 Jan 2015 Posts: 42
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Post: #305 Posted: Wed Feb 25, 2015 9:32 pm Post subject: |
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amitagg wrote: | Rahulsharmaat wrote: | 3136 was buy n sell at 3057
25 point target hit....what sl u saying no idea |
Tick high is 3105 something and 3135 cannot be seen at all in tick chart today and being 30 point off..... He has rightly considered 3105 level as high....... |
high 3105 low 3058 as per rahul on my charts @7pm,wonder why values differ
rahul sir could u pls update the high low @ 7 pm for few days for clarity.
but i did grab the news based down as per my experience @ rajnikant speed. |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #306 Posted: Wed Feb 25, 2015 9:32 pm Post subject: |
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Yea you are right..... In this thread somewhere I have captured system rules as refined and also am AGAINST REENTRY as a rule......
But only today I suggested REENTRY....for the long side. Let's see if 3105 goes and it triggers long for me..... |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #307 Posted: Wed Feb 25, 2015 9:35 pm Post subject: |
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yousaidit wrote: | amitagg wrote: | Rahulsharmaat wrote: | 3136 was buy n sell at 3057
25 point target hit....what sl u saying no idea |
Tick high is 3105 something and 3135 cannot be seen at all in tick chart today and being 30 point off..... He has rightly considered 3105 level as high....... |
high 3105 low 3058 as per rahul on my charts @7pm,wonder why values differ
rahul sir could u pls update the high low @ 7 pm for few days for clarity.
but i did grab the news based down as per my experience @ rajnikant speed. |
Yes you are right yousaidit.... I also did enter long at 3105.
Rahul/ me/ one more person had a discussion on this very point some earlier in this thread and while Rahul takes 3135 system figure ( unless as he says it's far off) I consider tick chart actual for the day...... |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #308 Posted: Thu Feb 26, 2015 4:53 pm Post subject: |
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refined Rahul to consider 25 points as a PROFIT HIT......so
R: -180 loss b/f + 100 profit = -80 (3/5) c/f.......
100 profit is considered as 25*2=50 for short yesterday below 3058 and 25*2=50 for RENETRY long which I had mentioned before SHOULD be taken at 3105.......
Chandru in sell now and shall update later....
amitagg wrote: | amitagg wrote: | amitagg wrote: | amitagg wrote: | amitagg wrote: | C- 14 points total profit 2 lots 3pm new series
yesterday stop hit / today target hit (1/2) |
Target hit
C- 74 (2/3) |
R= -120 (1 win / 2losses/ 3 trades) (one 25 pointer in this considered win but considered 0 profit)
today buy Sl hit at 3109....buy 3131....hit 3153 (22 points) |
C: 74-44=30 (2/4) Sl triggered today....(did not trade since Rohan not in sell.)...cmp 3098 [ 3.pm low 3065-3087=22*2=44) |
R: -180 (1/4) SL hit ..... Shall take REENTRY trade today |
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sivtrade White Belt
Joined: 06 Oct 2012 Posts: 11
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Post: #309 Posted: Thu Feb 26, 2015 4:58 pm Post subject: |
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plz update any one what is 3.00 p.m high low |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #310 Posted: Thu Feb 26, 2015 5:01 pm Post subject: |
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sivtrade wrote: | plz update any one what is 3.00 p.m high low |
3135 and 3175 |
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sivtrade White Belt
Joined: 06 Oct 2012 Posts: 11
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Post: #311 Posted: Thu Feb 26, 2015 5:02 pm Post subject: |
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thanks amit ji!!! |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #312 Posted: Thu Feb 26, 2015 6:44 pm Post subject: |
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C-30+60=90 profit hit (3/5)
amitagg wrote: | refined Rahul to consider 25 points as a PROFIT HIT......so
R: -180 loss b/f + 100 profit = -80 (3/5) c/f.......
100 profit is considered as 25*2=50 for short yesterday below 3058 and 25*2=50 for RENETRY long which I had mentioned before SHOULD be taken at 3105.......
Chandru in sell now and shall update later....
amitagg wrote: | amitagg wrote: | amitagg wrote: | amitagg wrote: | amitagg wrote: | C- 14 points total profit 2 lots 3pm new series
yesterday stop hit / today target hit (1/2) |
Target hit
C- 74 (2/3) |
R= -120 (1 win / 2losses/ 3 trades) (one 25 pointer in this considered win but considered 0 profit)
today buy Sl hit at 3109....buy 3131....hit 3153 (22 points) |
C: 74-44=30 (2/4) Sl triggered today....(did not trade since Rohan not in sell.)...cmp 3098 [ 3.pm low 3065-3087=22*2=44) |
R: -180 (1/4) SL hit ..... Shall take REENTRY trade today |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #313 Posted: Thu Feb 26, 2015 8:07 pm Post subject: |
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I have exited Rahul short at cost since Rohan sideways and would not take the risk. May be losing profit opportunity but is fine
Rememebr otherwise short still with stop 3160 to target 3025/3000/2950
( shall see entry later)
Should have posted in another thread but writing quickly
Cmp 3095 |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #314 Posted: Thu Feb 26, 2015 8:27 pm Post subject: |
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amitagg wrote: | I have exited Rahul short at cost since Rohan sideways and would not take the risk. May be losing profit opportunity but is fine
Rememebr otherwise short still with stop 3160 to target 3025/3000/2950
( shall see entry later)
Should have posted in another thread but writing quickly
Cmp 3095 |
Rahul yesterday I mentioned there is one more occasion when your system hits stop......... See today I again predicted that and posted in nick of time
R- 80-44=-124 loss (3/7) |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #315 Posted: Thu Feb 26, 2015 8:36 pm Post subject: |
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amitagg wrote: | amitagg wrote: | I have exited Rahul short at cost since Rohan sideways and would not take the risk. May be losing profit opportunity but is fine
Rememebr otherwise short still with stop 3160 to target 3025/3000/2950
( shall see entry later)
Should have posted in another thread but writing quickly
Cmp 3095 |
Rahul yesterday I mentioned there is one more occasion when your system hits stop......... See today I again predicted that and posted in nick of time
R- 80-44=-124 loss (3/7) |
Yesterday to yousaid it post I mentioned that crude exits have to be extremely swift..... For most SL would have been triggered..... Though I posted in time:lol: ..... Computer trades / algos etc at play but the NAKED EYE gives the first better than computer prognosis (feeling) sometimes
Just like I cannot understand how so well Rahul can trade price action without watching chart but just seeing numbers...... In New Market Wizards., this was one key trait of one the best female trader. So what Rahul does is something very difficult to conceive but a privy trait not sure how one can learn |
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