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New setup --Crude intraday |
Hydrogen White Belt
Joined: 18 Feb 2014 Posts: 87
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Post: #91 Posted: Thu Jan 22, 2015 11:20 am Post subject: |
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mohitshukla2021 wrote: | I am using 3 EMA Vs 34 EMA Crossover for Nifty. Though only 2 months but it is very reliable and hassle free . I believe it is the method Rahul is talking about.
And yes...Thanks to Rahul ..indeed simple methods are the best when it comes to trading...
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In 2010 I use to follow 14/206 on 5 minute (14/6 & 206/6 = 3 by 34 on 30 minute chart) method on MiNifty. I was new in the market that time. Usually I entered the market in consolidation and when frustrated used to get out, and then when trend came in market I use to be out of market because of frustration. This went on for 1 year and finally I left this strategy.
Now after 4-5 years in market I realized that at that time I was following a method which was very good at least it suited my profile. I again started this method from the start of 2015 and will follow this. For me this is one of the best strategy but to reap the benefit money management should also come into play. Now I am applying the same method but using Stock Future to trade instead of Nifty.
And one more thing this method works wonder on Natural Gas. I back tested this on Natural gas for past 4-5 month and it have multiplied the initial investment into 5 times.
My Money Management is simple now. I take position in the market after 2 continuous loss. I will enter the market on the 3rd signal. Now if the investment is doubled or I have money to buy the second lot, I will again wait for two consecutive losses and then increase to second lot provided there is enough margin money. Once lot increased it have to cross the initial Margin Money amount(High) and then two consecutive loss to increase the lot.
Lets see what happens in future.
Last edited by Hydrogen on Thu Jan 22, 2015 1:19 pm; edited 1 time in total |
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mohitshukla2021 White Belt
Joined: 14 Feb 2012 Posts: 275
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Post: #92 Posted: Thu Jan 22, 2015 11:46 am Post subject: |
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Bingo Hydrogen....
One can define his/her own money management rule...u actually hit the bulls eye when you explained about consolidation phase...to all the people reading about this strategy...believe me even if you take 3-4 hits during consolidation phase, it gives enough return in next move ,not only to cover last 2-3 losses but even more to increase capital many fold...
I tested this strategy for last 3 years- 2012- down year, 2013- Consolidation year in a wide range and 2014- being a fantastic trending year...and it worked in all 3 years...
Success in this strategy will only come to those you will hang on long enough to work... |
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Rahulsharmaat Black Belt
Joined: 04 Nov 2009 Posts: 2766
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Post: #93 Posted: Thu Jan 22, 2015 2:49 pm Post subject: |
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I am not expert as you people are, I am a novice...
Hope Amit remembers I said break n close below 74,,USD ,, 44 will come,,
When it rallied 300 points in 2 hr till 5225, from then only I said,, its a thoko thing,
Sel sell and sell
Its a political supremacy game , which wine get over soon , no considerable hope for next 2 years,,, it's sell sell n sell
It will see sub 30,,,, real pain is waiting ,,,,,,,,
No point making positional long as roll over will increase as price drifts lower,, its almost 70 point now and if 30 comes, it may rise to 200--250. ,from 60--70 now
Till then intra onl |
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chandrujimrc Brown Belt
Joined: 21 Apr 2009 Posts: 1683
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Post: #94 Posted: Thu Jan 22, 2015 5:43 pm Post subject: |
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3.00 tgt hit. |
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AMBY Yellow Belt
Joined: 05 Sep 2014 Posts: 503
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Post: #95 Posted: Thu Jan 22, 2015 8:07 pm Post subject: |
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AS PER YOUR LAST UPDATE , ONE CAN SHORT AT 3. PM.
THANKS/ |
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dunpic White Belt
Joined: 20 Oct 2007 Posts: 13
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Post: #96 Posted: Thu Jan 22, 2015 8:40 pm Post subject: crude sell |
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Crude low before 7 P.M 2930 now low 2926
sold at 2931 |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #97 Posted: Thu Jan 22, 2015 8:54 pm Post subject: Re: crude sell |
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dunpic wrote: | Crude low before 7 P.M 2930 now low 2926
sold at 2931 |
yes me shorting since a while.....now Rahul short at 2938 for me....stop 2953......your stop was saved by 2 points..cmp 2940
data in one hr so stop can be hit before another fall......shall short again on break on 2928 |
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chandrujimrc Brown Belt
Joined: 21 Apr 2009 Posts: 1683
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Post: #98 Posted: Thu Jan 22, 2015 9:32 pm Post subject: |
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Tgt hit. |
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rwdesai White Belt
Joined: 27 Apr 2009 Posts: 94
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Post: #99 Posted: Thu Jan 22, 2015 9:36 pm Post subject: |
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Rahul rocks....... |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #100 Posted: Thu Jan 22, 2015 9:43 pm Post subject: |
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R= 377+100 = 477 (13) that is profit of Rs 47,700 on "just 2 lots"..... traded each time in 13 trades..........(22 days to make a month)...minus brokerage |
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dunpic White Belt
Joined: 20 Oct 2007 Posts: 13
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Post: #101 Posted: Thu Jan 22, 2015 9:46 pm Post subject: tgt hit |
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both tgt hit 30 and 70 pointer low 2858 from 2930
I booked at 2892 |
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dunpic White Belt
Joined: 20 Oct 2007 Posts: 13
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Post: #102 Posted: Thu Jan 22, 2015 9:52 pm Post subject: |
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amitagg wrote: | R= 377+100 = 477 (13) that is profit of Rs 47,700 on "just 2 lots"..... traded each time in 13 trades..........(22 days to make a month)...minus brokerage |
Good going
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dunpic White Belt
Joined: 20 Oct 2007 Posts: 13
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Post: #103 Posted: Thu Jan 22, 2015 10:05 pm Post subject: |
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amitagg wrote: | mohitshukla2021 wrote: | I am using 3 EMA Vs 34 EMA Crossover for Nifty. Though only 2 months but it is very reliable and hassle free . I believe it is the method Rahul is talking about.
And yes...Thanks to Rahul ..indeed simple methods are the best when it comes to trading...
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Give target levels SL / SAR etc and whether candle closing etc to follow |
It would be great if you write here when the set up give buy or sell |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #104 Posted: Thu Jan 22, 2015 10:20 pm Post subject: |
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dunpic wrote: | amitagg wrote: | R= 377+100 = 477 (13) that is profit of Rs 47,700 on "just 2 lots"..... traded each time in 13 trades..........(22 days to make a month)...minus brokerage |
Good going
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this is Rahul system performance.......I have booked 25 / 30 rs profit in many instead of 70......and also booked at other close intervals......since coupling with other self trades....... |
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dunpic White Belt
Joined: 20 Oct 2007 Posts: 13
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Post: #105 Posted: Thu Jan 22, 2015 10:45 pm Post subject: |
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amitagg wrote: | dunpic wrote: | amitagg wrote: | R= 377+100 = 477 (13) that is profit of Rs 47,700 on "just 2 lots"..... traded each time in 13 trades..........(22 days to make a month)...minus brokerage |
Good going
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this is Rahul system performance.......I have booked 25 / 30 rs profit in many instead of 70......and also booked at other close intervals......since coupling with other self trades....... |
Yes, All Credit goes to Mr. Rahul |
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