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New setup --Crude intraday |
Rebel White Belt
Joined: 04 Sep 2013 Posts: 387
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Post: #316 Posted: Thu Feb 26, 2015 9:03 pm Post subject: |
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amitagg wrote: | 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 |
I tried trading without chart but if i keep trading this way im sure i will go mad one day its just like driving a car in nighttime without headlights on,then i switched back to chart now i feel comfortable. |
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yousaidit White Belt
Joined: 08 Jan 2015 Posts: 42
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Post: #317 Posted: Thu Feb 26, 2015 9:08 pm Post subject: |
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rahul stop loss hit, but re-entry target hit
newbies pls be careful before trying this at home |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #318 Posted: Thu Feb 26, 2015 9:09 pm Post subject: |
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In meantme was away and cmp 2075 low 3066
Rahul / Chandru now you have to tell after backtesting REENTRY or NOT
As I mentioned many time in this thread this is the ONLY remaining unaswered question for me........
We all have refined your initial
- profit target
- stop loss
- trailing stop
- tick v system level high low
- when stop likely to trigger situations
But REENTRY I am unable to have a grasp on...... |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #319 Posted: Thu Feb 26, 2015 9:15 pm Post subject: |
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yousaidit wrote: | rahul stop loss hit, but re-entry target hit
newbies pls be careful before trying this at home |
What I am noticing subtly is that the system is very good since it is giving whipsaws but REENTRY gains in SIDEWAYS crude market narrowing a lot since last year.......let wait before going gungo before we get some insight on REENTRY or not |
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Rebel White Belt
Joined: 04 Sep 2013 Posts: 387
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Post: #320 Posted: Thu Feb 26, 2015 9:26 pm Post subject: |
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yousaidit wrote: | rahul stop loss hit, but re-entry target hit
newbies pls be careful before trying this at home |
newbies pls be careful before trying this at home |
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yousaidit White Belt
Joined: 08 Jan 2015 Posts: 42
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Post: #321 Posted: Thu Feb 26, 2015 9:28 pm Post subject: |
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amitagg wrote: | In meantme was away and cmp 2075 low 3066
Rahul / Chandru now you have to tell after backtesting REENTRY or NOT
As I mentioned many time in this thread this is the ONLY remaining unaswered question for me........
We all have refined your initial
- profit target
- stop loss
- trailing stop
- tick v system level high low
- when stop likely to trigger situations
But REENTRY I am unable to have a grasp on...... |
amitagg could you list again profit target,stop loss etc for everyones benefit |
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Rahulsharmaat Black Belt
Joined: 04 Nov 2009 Posts: 2766
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Post: #322 Posted: Thu Feb 26, 2015 9:30 pm Post subject: |
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Ra entry is must |
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Rebel White Belt
Joined: 04 Sep 2013 Posts: 387
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Post: #323 Posted: Thu Feb 26, 2015 9:33 pm Post subject: |
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Rahulsharmaat wrote: | Ra entry is must |
rahulji,
i agree,re entry never failed till now.but the 4% ATR is not reliable.in todays scenario. |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #324 Posted: Thu Feb 26, 2015 9:46 pm Post subject: |
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yousaidit wrote: | amitagg wrote: | In meantme was away and cmp 2075 low 3066
Rahul / Chandru now you have to tell after backtesting REENTRY or NOT
As I mentioned many time in this thread this is the ONLY remaining unaswered question for me........
We all have refined your initial
- profit target
- stop loss
- trailing stop
- tick v system level high low
- when stop likely to trigger situations
But REENTRY I am unable to have a grasp on...... |
amitagg could you list again profit target,stop loss etc for everyones benefit |
ok we shall make renentry .....from 7.pm low or high and not the low or high made after that......
Refined Rahul System:
1) see 7 pm high low
2) enter on tick break of high low and place bids in system - entry and profit
3) profit target is 25 points
4) SL is 22 points. (may still keep 23 points....!)
5) No occasion for TSL is required now
6) Still Trade 2 lot ( OR multiples).....to be consistent ...but since now no 2 profit targets unlike 30/70 earlier.....this is not required.
7) take rentry if initial SL hit (rentry at 7 pm high low price only and not high low formed after that)
if 7 pm High-low is 135-150 points away from opening price.....do not take entry since daily ATR is already done.
9) if entry triggered, place SL bid
10) when SL triggered or profit target triggered, cancel other open bid.
11) RR is 1:1 [ aggressive intra day system] ......
(Not sure because of 11) point how system will fare.....since "original system" 30/70 profit target and 22 stop had better RR.....but often....one lot would trigger 30 pointer gain and other SL of 22 points (or even if someone kept TSL at cost, that TSL). so profit was 30 points in case of winning trade and loss was 44 points in case of losing trade. 70 pointers were not often hit....111???.) |
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AMBY Yellow Belt
Joined: 05 Sep 2014 Posts: 503
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Post: #325 Posted: Thu Feb 26, 2015 9:49 pm Post subject: HI |
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I AM STILL UNABLE TO LOCATE RAHUL'S STRATEGIES,
HOPE YOU MAY GUIDE ME. |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #326 Posted: Thu Feb 26, 2015 11:04 pm Post subject: Re: HI |
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AMBY wrote: | I AM STILL UNABLE TO LOCATE RAHUL'S STRATEGIES,
HOPE YOU MAY GUIDE ME. |
then what is that I have written so clearly in below mail, anyhow
below is first post of this thread by Rahul which gives the ENTIRE INITIAL strategy
see day high--day low made till 7 pm----
place above day high for buy call
place sell below day low--
stop loss 22 points-- target 30 points and 70 points
Trade in 2 lots---
Dont use any TSL |
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AMBY Yellow Belt
Joined: 05 Sep 2014 Posts: 503
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Post: #327 Posted: Fri Feb 27, 2015 8:55 am Post subject: |
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THANKS A LOT FOR GIVING ME RAHUL'S STRATEGY, |
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AMBY Yellow Belt
Joined: 05 Sep 2014 Posts: 503
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Post: #328 Posted: Fri Feb 27, 2015 7:09 pm Post subject: |
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I WANT TO KNOW ABOUT RAHUL'S : AT 7.00 P M WHAT TIME FRAME .
TO BE CONSIDER, 5 MIN, HIGH 3065 AND LOW 3060,
OR ANY OTHER TIME FRAME. |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #329 Posted: Fri Feb 27, 2015 7:11 pm Post subject: |
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AMBY wrote: | I WANT TO KNOW ABOUT RAHUL'S : AT 7.00 P M WHAT TIME FRAME .
TO BE CONSIDER, 5 MIN, HIGH 3065 AND LOW 3060,
OR ANY OTHER TIME FRAME. |
Candle not to see 0 time frame tick chart |
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Rebel White Belt
Joined: 04 Sep 2013 Posts: 387
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Post: #330 Posted: Fri Feb 27, 2015 7:27 pm Post subject: |
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amitagg wrote: | AMBY wrote: | I WANT TO KNOW ABOUT RAHUL'S : AT 7.00 P M WHAT TIME FRAME .
TO BE CONSIDER, 5 MIN, HIGH 3065 AND LOW 3060,
OR ANY OTHER TIME FRAME. |
Candle not to see 0 time frame tick chart |
amit ji,
thank u.i was using 5mins chart ,but now i changed to 1min as i cant find zero tf chart in my broker terminal. |
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