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Nifty Future Trading Journal |
manojkr78
Green Belt
Joined: 07 Mar 2011
Posts: 1014
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Post: #151  Posted: Wed Oct 09, 2013 4:50 pm Post subject: |
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| coolllllllllllllllllllllllllllll....... |
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Peter Sturrock
White Belt
Joined: 07 Dec 2012
Posts: 175
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| Post: #152 Posted: Wed Oct 09, 2013 4:51 pm Post subject: |
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TGT-3 6006 TGT-3 5953
TGT-2 5993 TGT-2 5966
TGT-1 5979.17 TGT-1 5979.17
Stop & Reverse 5966 Stop & Reverse 5993
Add More 5953 Add More 6006
Sell Below 5941 Buy Above 6019
TGT-1 5928 TGT-1 6032
TGT-2 5915 TGT-2 6045
TGT-3 5902 TGT-3 6058
TGT-4 5890 TGT-4 6071
TGT-5 5877 TGT-5 6084
TGT-6 5864 TGT-6 6097
TGT-7 5851 TGT-7 6110
This is the trend following system I have developed.
I have posted todays levels.
Once market opens if it opens and breaks sell below or buy above then we enter trade accordingly. However if it opens otherwise like today wait for it to cross three levels and take postion in that direction.
Today it opened around 5928 went down to next level of 5915 and could not break the next level of 5902. Hence I placed stop and reverse at 5941 which is the next level.(3rd level) Now if you did not take a postion you can wait for it to cross the third level either 5941 or 5902 and take postion. Once it crossed 5942 SAR became 5915 and crossing 5953 SAR is moved to 5928 and so on. If SAR is taken out then SAR will be the 3rd level in the opposite direction. |
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Peter Sturrock
White Belt
Joined: 07 Dec 2012
Posts: 175
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| Post: #153 Posted: Wed Oct 09, 2013 5:24 pm Post subject: Nifty Future Trading Levels - - - 10 October |
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TGT-3 6019 TGT-3 5966
TGT-2 6006 TGT-2 5979
TGT-1 5992 TGT-1 5992
Stop & Reverse 5979 Stop & Reverse 6006
Add More 5966 Add More 6019
Sell Below 5954 Buy Above 6032
TGT-1 5941 TGT-1 6045
TGT-2 5928 TGT-2 6058
TGT-3 5915 TGT-3 6071
TGT-4 5903 TGT-4 6084
TGT-5 5890 TGT-5 6097
TGT-6 5877 TGT-6 6111
TGT-7 5865 TGT-7 6124
PS |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #154 Posted: Wed Oct 09, 2013 6:13 pm Post subject: |
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| Peter Sturrock wrote: | As discussed earlier I will when the system is ready.. I still need to tweak a few formulas 
PS |
sure, thanks Peter |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #155 Posted: Wed Oct 09, 2013 11:37 pm Post subject: |
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just a guess but the difference between your and JT system is 13 [fibo and difference of 12 in fibo ratios] v 19 points and similar otherwise...????? we still need to study last days range and how closing happened and then decide levels....that is key....
also u use 66% and 33% while other system has may be 61.% and 38.2% levels???
i know u know only your system best but isnt it that your system can work on fibo numbers only...whats role of volume....to decide candle top and bottom for deriving ratios?
from your 2 tables below, the entry no has to be seen eg: 5955 is 33% of range today....6032 is 73.6%+5 today....then we just add or subtract 13 points each level [this is for today only and depending upon closing or ???, the levels can be derived each day, not nessarily based on only these 2 fib nos]
any more insights...know that its very difficult and i am not equipped at all to see how systems work.....but just sharing my thoughts
thanks for the great job and sucess...u are helping others have inspiration and confidence of workable systems. |
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manojkr78
Green Belt
Joined: 07 Mar 2011
Posts: 1014
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| Post: #156 Posted: Thu Oct 10, 2013 11:43 am Post subject: |
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peter please confirm if the trades taken based on the levels posted are right...
gone long at 6032 add more 6019 SAR 6006
booked 26 points SAR moved to 6032
SAR hit now short add more 6045 SAR 6058
booked 26 points SAR moved to 6032
SAR hit now long add more 6019 SAR 6006
plese confirm
Manoj |
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riteshucha
Green Belt
Joined: 19 May 2012
Posts: 1292
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| Post: #157 Posted: Thu Oct 10, 2013 12:11 pm Post subject: Re: Nifty Future Trading Levels - - - 10 October |
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hi peter,
may be if u can explain today's trade, taken if any, it will better to grasp what u mentioned in your earlier post
| Peter Sturrock wrote: | TGT-3 6019 TGT-3 5966
TGT-2 6006 TGT-2 5979
TGT-1 5992 TGT-1 5992
Stop & Reverse 5979 Stop & Reverse 6006
Add More 5966 Add More 6019
Sell Below 5954 Buy Above 6032
TGT-1 5941 TGT-1 6045
TGT-2 5928 TGT-2 6058
TGT-3 5915 TGT-3 6071
TGT-4 5903 TGT-4 6084
TGT-5 5890 TGT-5 6097
TGT-6 5877 TGT-6 6111
TGT-7 5865 TGT-7 6124
PS |
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Peter Sturrock
White Belt
Joined: 07 Dec 2012
Posts: 175
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| Post: #158 Posted: Thu Oct 10, 2013 2:43 pm Post subject: |
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Yes manoj.. long reached 6070 and now short at 6044
PS
| manojkr78 wrote: | peter please confirm if the trades taken based on the levels posted are right...
gone long at 6032 add more 6019 SAR 6006
booked 26 points SAR moved to 6032
SAR hit now short add more 6045 SAR 6058
booked 26 points SAR moved to 6032
SAR hit now long add more 6019 SAR 6006
plese confirm
Manoj |
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manojkr78
Green Belt
Joined: 07 Mar 2011
Posts: 1014
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| Post: #159 Posted: Thu Oct 10, 2013 2:47 pm Post subject: |
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peter,
thanks for your levels.......
manoj |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #160 Posted: Thu Oct 10, 2013 3:04 pm Post subject: |
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| Peter, congrats your levels gave 100 points today already....most robust it seems...yesterday was trend day...today opposite...but worked very well |
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manojkr78
Green Belt
Joined: 07 Mar 2011
Posts: 1014
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| Post: #161 Posted: Thu Oct 10, 2013 3:20 pm Post subject: |
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| SAR hit 6058 no further trades..... |
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Peter Sturrock
White Belt
Joined: 07 Dec 2012
Posts: 175
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| Post: #162 Posted: Thu Oct 10, 2013 8:41 pm Post subject: Nifty Future Trading Levels -----11 October |
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TGT -3 6069.80 TGT -3 6017.97
TGT -2 6057.00 TGT -2 6030.76
TGT -1 6043.55 TGT -1 6043.55
SAR 6030.76 SAR 6057.00
Add 6017.97 Add 6069.80
Sell 6005.18 Buy 6082.92
TGT -1 5992.39 TGT -1 6096.04
TGT -2 5979.60 TGT -2 6109.17
TGT -3 5966.81 TGT -3 6122.29
TGT -4 5954.02 TGT -4 6135.41
TGT -5 5941.23 TGT -5 6148.54
TGT -6 5928.44 TGT -6 6161.66
TGT -7 5915.65 TGT -7 6174.78
TGT -8 5902.86 TGT -8 6187.91
TGT -9 5890.07 TGT -9 6201.03
Above 6084 NF will trend up
Below 6064 NF will trade lower.
PS
PS |
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ajit602
White Belt
Joined: 11 Sep 2012
Posts: 370
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| Post: #163 Posted: Thu Oct 10, 2013 8:55 pm Post subject: |
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| Peter Sturrock wrote: | TGT-3 6006 TGT-3 5953
TGT-2 5993 TGT-2 5966
TGT-1 5979.17 TGT-1 5979.17
Stop & Reverse 5966 Stop & Reverse 5993
Add More 5953 Add More 6006
Sell Below 5941 Buy Above 6019
TGT-1 5928 TGT-1 6032
TGT-2 5915 TGT-2 6045
TGT-3 5902 TGT-3 6058
TGT-4 5890 TGT-4 6071
TGT-5 5877 TGT-5 6084
TGT-6 5864 TGT-6 6097
TGT-7 5851 TGT-7 6110
This is the trend following system I have developed.
I have posted todays levels.
Once market opens if it opens and breaks sell below or buy above then we enter trade accordingly. However if it opens otherwise like today wait for it to cross three levels and take postion in that direction.
Today it opened around 5928 went down to next level of 5915 and could not break the next level of 5902. Hence I placed stop and reverse at 5941 which is the next level.(3rd level) Now if you did not take a postion you can wait for it to cross the third level either 5941 or 5902 and take postion. Once it crossed 5942 SAR became 5915 and crossing 5953 SAR is moved to 5928 and so on. If SAR is taken out then SAR will be the 3rd level in the opposite direction. |
sir, please tell how to get these levels? |
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Peter Sturrock
White Belt
Joined: 07 Dec 2012
Posts: 175
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| Post: #164 Posted: Thu Oct 10, 2013 9:02 pm Post subject: |
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ajit
It has taken a long time for me to arrive at this combination.
Will share it when it is ready
Till then I will try to post and you may TRADE and ENJOY at your own risk
PS
| ajit602 wrote: | | Peter Sturrock wrote: | TGT-3 6006 TGT-3 5953
TGT-2 5993 TGT-2 5966
TGT-1 5979.17 TGT-1 5979.17
Stop & Reverse 5966 Stop & Reverse 5993
Add More 5953 Add More 6006
Sell Below 5941 Buy Above 6019
TGT-1 5928 TGT-1 6032
TGT-2 5915 TGT-2 6045
TGT-3 5902 TGT-3 6058
TGT-4 5890 TGT-4 6071
TGT-5 5877 TGT-5 6084
TGT-6 5864 TGT-6 6097
TGT-7 5851 TGT-7 6110
This is the trend following system I have developed.
I have posted todays levels.
Once market opens if it opens and breaks sell below or buy above then we enter trade accordingly. However if it opens otherwise like today wait for it to cross three levels and take postion in that direction.
Today it opened around 5928 went down to next level of 5915 and could not break the next level of 5902. Hence I placed stop and reverse at 5941 which is the next level.(3rd level) Now if you did not take a postion you can wait for it to cross the third level either 5941 or 5902 and take postion. Once it crossed 5942 SAR became 5915 and crossing 5953 SAR is moved to 5928 and so on. If SAR is taken out then SAR will be the 3rd level in the opposite direction. |
sir, please tell how to get these levels? |
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ajit602
White Belt
Joined: 11 Sep 2012
Posts: 370
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| Post: #165 Posted: Thu Oct 10, 2013 9:11 pm Post subject: |
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| Peter Sturrock wrote: | ajit
It has taken a long time for me to arrive at this combination.
Will share it when it is ready
Till then I will try to post and you may TRADE and ENJOY at your own risk
PS
| ajit602 wrote: | | Peter Sturrock wrote: | TGT-3 6006 TGT-3 5953
TGT-2 5993 TGT-2 5966
TGT-1 5979.17 TGT-1 5979.17
Stop & Reverse 5966 Stop & Reverse 5993
Add More 5953 Add More 6006
Sell Below 5941 Buy Above 6019
TGT-1 5928 TGT-1 6032
TGT-2 5915 TGT-2 6045
TGT-3 5902 TGT-3 6058
TGT-4 5890 TGT-4 6071
TGT-5 5877 TGT-5 6084
TGT-6 5864 TGT-6 6097
TGT-7 5851 TGT-7 6110
This is the trend following system I have developed.
I have posted todays levels.
Once market opens if it opens and breaks sell below or buy above then we enter trade accordingly. However if it opens otherwise like today wait for it to cross three levels and take postion in that direction.
Today it opened around 5928 went down to next level of 5915 and could not break the next level of 5902. Hence I placed stop and reverse at 5941 which is the next level.(3rd level) Now if you did not take a postion you can wait for it to cross the third level either 5941 or 5902 and take postion. Once it crossed 5942 SAR became 5915 and crossing 5953 SAR is moved to 5928 and so on. If SAR is taken out then SAR will be the 3rd level in the opposite direction. |
sir, please tell how to get these levels? |
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thanks sir |
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