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Nifty Futures only - AA |
amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #31 Posted: Mon Oct 12, 2015 1:03 pm Post subject: |
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amitagg wrote: | amitagg wrote: | Trade 4: week 5 (3/3)
Buy NS 8170 stop 8110 target 8210-8230 (final 8255 just for seeing if hits)
( with few days/ weeks into uptrend, RR is less)
There are other system variants on BUY side which I shall only observe. ( shall start posting after few weeks) |
Missed entry 2 points and rose near to 8210.... 40 points. Now no trade!
For any longs around 8175 stop to cost.
Trade result - 0 |
missed one point and given 30 points - system result 0 |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #32 Posted: Wed Oct 14, 2015 8:37 pm Post subject: |
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below 8093 NS can target 7730-7860tf instead of mere 8050.... (or 8050 may act as filter)
it may be a b c retrace from 7540 having covered 62 percent till 8225-8240
medium Andrews line around 8070-8100 break would confirm this.
General comment. system silent which it should be to avoid sideways markets. |
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AMBY Yellow Belt
Joined: 05 Sep 2014 Posts: 503
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Post: #33 Posted: Wed Oct 14, 2015 10:39 pm Post subject: |
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THANKS, |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #34 Posted: Tue Oct 20, 2015 12:12 pm Post subject: |
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Trade 4: week 6 (3/3 : cum 220 points)
BUY ABOVE 8295 target 8325/8345/8370...stop 8245
BUY AT 8220 STOP 8170 target 8260
(apply 2-3 points filters)
(please exercise own discretion since this is 'test' system trade) |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #35 Posted: Tue Oct 20, 2015 12:14 pm Post subject: |
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amitagg wrote: | Trade 4: week 6 (3/3 : cum 220 points)
BUY ABOVE 8295 target 8325/8345/8370...stop 8245
BUY AT 8220 STOP 8170 target 8260
(apply 2-3 points filters)
(please exercise own discretion since this is 'test' system trade) |
levels are NS only , thread name is futures |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #36 Posted: Tue Oct 20, 2015 4:05 pm Post subject: |
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System Buy did not trigger by one point only ( level was accurate)
( I would have rather seen break of 8300, pullback by 10-15 points and break past 8300 again to buy)
Now other trade BUY at 8220 is yet to trigger...... Let's see if triggers tomorrow and whether works ( in middle of week) "unlike" previous 3 out of 3 target hits.... |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #37 Posted: Wed Oct 21, 2015 1:50 pm Post subject: |
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amitagg wrote: | amitagg wrote: | Trade 4: week 6 (3/3 : cum 220 points)
BUY ABOVE 8295 target 8325/8345/8370...stop 8245
BUY AT 8220 STOP 8170 target 8260
(apply 2-3 points filters)
(please exercise own discretion since this is 'test' system trade) |
levels are NS only , thread name is futures |
BOOKED AT 8252.
4/4 success...... Only 35 points though |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #38 Posted: Wed Oct 21, 2015 2:34 pm Post subject: |
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amitagg wrote: | amitagg wrote: | amitagg wrote: | Trade 4: week 6 (3/3 : cum 220 points)
BUY ABOVE 8295 target 8325/8345/8370...stop 8245
BUY AT 8220 STOP 8170 target 8260
(apply 2-3 points filters)
(please exercise own discretion since this is 'test' system trade) |
levels are NS only , thread name is futures |
BOOKED AT 8252.
4/4 success...... Only 35 points though |
System target of 45 points also met |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #39 Posted: Wed Oct 21, 2015 6:05 pm Post subject: |
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result after week 6 trade 4
4/4 wins:: 265 points
just 4 trades in 6 weeks |
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AMBY Yellow Belt
Joined: 05 Sep 2014 Posts: 503
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Post: #40 Posted: Wed Oct 21, 2015 6:12 pm Post subject: |
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CONGRATS, |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #41 Posted: Sun Oct 25, 2015 6:00 pm Post subject: |
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nifty as expected few weeks back have touched 8335.
while there are ways and means technical to argue rise to 8370/8421 and even any point below 8650 to yet have a bear trend in place since 9119; yet "price action" on weekly timeframe can confirm the direction for the actual trades. |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #42 Posted: Mon Oct 26, 2015 6:28 pm Post subject: |
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amitagg wrote: | nifty as expected few weeks back have touched 8335.
while there are ways and means technical to argue rise to 8370/8421 and even any point below 8650 to yet have a bear trend in place since 9119; yet "price action" on weekly timeframe can confirm the direction for the actual trades. |
8335 again holds..... The most important level now.
For positional medium to long term best BEAR confirmation only below 8080....... To target 7200
8625 can be top ( just to mention that this can be relevant for selling calls for dec or jan say 8500) @150-200
System trade not interpreted as triggered yet for the week since a whipsaw (+_ 100 points) possible at 8240/8270/8335....... |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #43 Posted: Tue Oct 27, 2015 11:17 am Post subject: |
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equilibrium as per one simple method capturing plus minus moves of each month is 8170-8180 for closing. that means nothing for actual target just guide post. that is if say is closes 50points above this level. then we should expect it to give this 50 point gain in next 2-3 months. i think that shall hold for this expiry. can be above 8200. |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #44 Posted: Thu Oct 29, 2015 1:58 pm Post subject: |
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amitagg wrote: | amitagg wrote: | nifty as expected few weeks back have touched 8335.
while there are ways and means technical to argue rise to 8370/8421 and even any point below 8650 to yet have a bear trend in place since 9119; yet "price action" on weekly timeframe can confirm the direction for the actual trades. |
8335 again holds..... The most important level now.
For positional medium to long term best BEAR confirmation only below 8080....... To target 7200
8625 can be top ( just to mention that this can be relevant for selling calls for dec or jan say 8500) @150-200
System trade not interpreted as triggered yet for the week since a whipsaw (+_ 100 points) possible at 8240/8270/8335....... |
8080 near filter 30 points ...holding below 2-3 days...... Unless close above 8130 today Gap down possible |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #45 Posted: Thu Oct 29, 2015 2:17 pm Post subject: |
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Most important that goes below 8110 today ; low still 8111.... For the possible gap down .... To give 8020/7967/7843 ( confirmation of sell trigger below 8070) NS |
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