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NIFTY / BANKNIFTY using super trend |
kuldeep.panda White Belt
Joined: 18 Mar 2013 Posts: 182
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Post: #226 Posted: Thu Oct 24, 2013 11:36 am Post subject: |
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kuldeep.panda wrote: | kuldeep.panda wrote: | BNF Shorts triggered @ 10789 |
Bnf booked loss of 88 point and and Nifty no profit no loss
not carrying any position for tom |
yesterdays loss might recover and new profits today..
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kommall15 White Belt
Joined: 20 Feb 2009 Posts: 65
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Post: #227 Posted: Thu Oct 24, 2013 11:49 am Post subject: |
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sir, did u take any position??
plz post chart if u can!!
thanks
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SAKLECHA White Belt
Joined: 26 Jan 2010 Posts: 333
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Post: #228 Posted: Thu Oct 24, 2013 11:49 am Post subject: |
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Thanks Kuldeep
Could not give entry today in nifty.........waiting for reversal
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kuldeep.panda White Belt
Joined: 18 Mar 2013 Posts: 182
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Post: #229 Posted: Thu Oct 24, 2013 12:23 pm Post subject: |
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kommall15 wrote: | sir, did u take any position??
plz post chart if u can!!
thanks |
arrows marked were i took entry breaking high of first candle..
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intra.trader White Belt
Joined: 25 Sep 2012 Posts: 402
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Post: #230 Posted: Thu Oct 24, 2013 12:32 pm Post subject: |
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longs to be watched carefully ....its diverging
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kuldeep.panda White Belt
Joined: 18 Mar 2013 Posts: 182
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Post: #231 Posted: Thu Oct 24, 2013 1:34 pm Post subject: |
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intra.trader wrote: | longs to be watched carefully ....its diverging |
Thanks for the warning..
reversed my position at some loss..
Saklecha hope you took an entry now at reversal
Nifty @ 6189 and BNf @ 10962
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vslu1 White Belt
Joined: 12 Feb 2013 Posts: 3
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Post: #232 Posted: Thu Oct 24, 2013 5:06 pm Post subject: |
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kuldeep ji, first time i have seen your posts now.. will u plz elaborate the super trend indicator and strtegy involved in it.. plz explain.. with regards,
v.srinivasulu
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SAKLECHA White Belt
Joined: 26 Jan 2010 Posts: 333
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Post: #233 Posted: Thu Oct 24, 2013 5:48 pm Post subject: |
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Yes Kuldeep had a entry not at the close of candle but subsequently @ 6200 and booked @ 6160 in order not to hold the position.
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kuldeep.panda White Belt
Joined: 18 Mar 2013 Posts: 182
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Post: #234 Posted: Fri Oct 25, 2013 9:31 am Post subject: |
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This strategy has only Buy and Sell. No initial SL method incorporated. Simply if Super Trend Shows Buy (i.e. displays Red color), then BUY. If it shows Sell (i.e. displays Green Color), then SELL.
BUY SIGNAL:
Buy when price moves above Super-Trend(10,3) (i.e. shows Red color). If you want, take double confirmation with EMA(High, 65) above the prices on 10 min charts.
SELL SIGNAL:
Sell when price moves below Super-Trend(10,3) (i.e. shows Green color). If you want take double confirmation with EMA(Low, 65)below the prices on 10 min charts.
Wait for high or low to be taken out of first candle during gap against the position.
Profit Booking
Usually trade 2 lots book 1 lot @ around 15 to 25 points on nifty and 35 to 50 for banknifty depending on the ATR and carry other lot till we get reversal..
Carry position if prices have moved away 30 to 50 points for NIFTY and 50 to 80 for banknifty from your entry (this is more of subjective nature)if you can fine tune this or you any method you prefer carrying, like check higher time frame trend.
vslu1 wrote: | kuldeep ji, first time i have seen your posts now.. will u plz elaborate the super trend indicator and strtegy involved in it.. plz explain.. with regards,
v.srinivasulu |
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vslu1 White Belt
Joined: 12 Feb 2013 Posts: 3
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Post: #235 Posted: Fri Oct 25, 2013 9:47 am Post subject: supertrend |
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KULDEEP JI,THANQ VERY MUCH.. I NOW UNDERSTAND IT... I FOLLOW IT..THANKS FOR SHARING & GUIDING,
REGARDS,
V.SRINIVASULU
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yoginishreyas White Belt
Joined: 03 Dec 2012 Posts: 80
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Post: #236 Posted: Sat Oct 26, 2013 10:05 pm Post subject: |
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What is the probability of winning using this super trend? I am curios to know more about this tool.
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kuldeep.panda White Belt
Joined: 18 Mar 2013 Posts: 182
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Post: #237 Posted: Mon Oct 28, 2013 9:12 am Post subject: |
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yoginishreyas wrote: | What is the probability of winning using this super trend? I am curios to know more about this tool. |
I am sorry but i do not have a definite answer to this question..
I think probability quite good, and becomes much better with position maintenance and filtering entry signals and discipline...For me its ending in profit end of the month (thats what matter to me)
Please go through this link http://www.icharts.in/forum/viewtopic.php?t=4986 . Mr Rohan he has been using this for past 1 year and he posts every end the month P/L..
Regards,
K.p
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kommall15 White Belt
Joined: 20 Feb 2009 Posts: 65
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Post: #238 Posted: Mon Oct 28, 2013 12:03 pm Post subject: |
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SIR, WHAT IS STATUS NOW???
THANKS AND REGARDS,
MR. KOMMALL
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kuldeep.panda White Belt
Joined: 18 Mar 2013 Posts: 182
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Post: #239 Posted: Mon Oct 28, 2013 12:25 pm Post subject: |
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kommall15 wrote: | SIR, WHAT IS STATUS NOW???
THANKS AND REGARDS,
MR. KOMMALL |
I am short in NIFTY from Thursday and banknifty i closed my shorts 11005..Will go long with break high and short when ST gives a signal..
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yoginishreyas White Belt
Joined: 03 Dec 2012 Posts: 80
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Post: #240 Posted: Mon Oct 28, 2013 12:57 pm Post subject: |
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kuldeep.panda wrote: | yoginishreyas wrote: | What is the probability of winning using this super trend? I am curios to know more about this tool. |
I am sorry but i do not have a definite answer to this question..
I think probability quite good, and becomes much better with position maintenance and filtering entry signals and discipline...For me its ending in profit end of the month (thats what matter to me)
Please go through this link http://www.icharts.in/forum/viewtopic.php?t=4986 . Mr Rohan he has been using this for past 1 year and he posts every end the month P/L..
Regards,
K.p |
Thank you sir, I really appreciate this
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