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Nifty Futures only - AA |
amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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Post: #46  Posted: Thu Oct 29, 2015 2:52 pm Post subject: |
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| amitagg wrote: | | 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 |
Triggered.... Now want to go below 8070....
Why not a gap down tomorrow ( gap up also can happen to run the cat amongst the pigeons) 
8080-8100 most important level for bear trigger for positional ...... Would it have whipsaws .... I am expecting 7700/7400 if it goes.... Since 7540 was 61,8 retrace...... A vey good pullback to min 8420/8625 can happen in case of sell step up failure....shall wait to get a point for SAR trade |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #47 Posted: Thu Oct 29, 2015 2:55 pm Post subject: |
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| amitagg wrote: | | amitagg wrote: | | 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 |
Triggered.... Now want to go below 8070....
Why not a gap down tomorrow ( gap up also can happen to run the cat amongst the pigeons)
8080-8100 most important level for bear trigger for positional ...... Would it have whipsaws .... I am expecting 7700/7400 if it goes.... Since 7540 was 61,8 retrace...... A vey good pullback to min 8420/8625 can happen in case of sell step up failure....shall wait to get a point for SAR trade |
Dec 8400 call a good hedge to capture SAR points if reversal happens .... Sold for average 135 |
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amitagg
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Joined: 01 Oct 2013
Posts: 4559
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| Post: #48 Posted: Fri Oct 30, 2015 2:48 pm Post subject: |
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Nifty finding difficult to stand on its legs ..... All hoping against hope of a bottom!!!
If a bottom in place IT will surely tell.... For riding the stopped positions.... Not yet.
No fun unless goes below 8000 for a shake out if real uptrend is planned.....
I posted many weeks back of 8080 as positional support .......now view is only 8625/9119 or 7667/7200......
50 percent bear trigger of some comes to 7930......which can well be the plan to take it to 9100..... ( I won't be long below 8100 for sure) |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #49 Posted: Fri Oct 30, 2015 6:11 pm Post subject: |
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| amitagg wrote: | result after week 6 trade 4
4/4 wins:: 265 points
just 4 trades in 6 weeks  |
Week 8: Trade 5: NS
Sell 8105 stop 8155 target 8025 ( system stop 8190)
If gap down open then too again sell at above level if comes up.....
General comment : Market can test 7988/8014/7967. |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #50 Posted: Mon Nov 02, 2015 12:47 pm Post subject: |
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| amitagg wrote: | | amitagg wrote: | | amitagg wrote: | | 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 |
Triggered.... Now want to go below 8070....
Why not a gap down tomorrow ( gap up also can happen to run the cat amongst the pigeons)
8080-8100 most important level for bear trigger for positional ...... Would it have whipsaws .... I am expecting 7700/7400 if it goes.... Since 7540 was 61,8 retrace...... A vey good pullback to min 8420/8625 can happen in case of sell step up failure....shall wait to get a point for SAR trade |
Dec 8400 call a good hedge to capture SAR points if reversal happens .... Sold for average 135 |
Have booked 1/3 at 8020........ Both the short futures and sold calls now lower.....waiting for 7920-7950 for 2/3 ...... TSL at 8110 at cost. |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #51 Posted: Tue Nov 03, 2015 7:51 pm Post subject: |
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| amitagg wrote: | | amitagg wrote: | result after week 6 trade 4
4/4 wins:: 265 points
just 4 trades in 6 weeks |
Week 8: Trade 5: NS
Sell 8105 stop 8155 target 8025 ( system stop 8190)
If gap down open then too again sell at above level if comes up.....
General comment : Market can test 7988/8014/7967. |
hit 8100 and fell to near 8025.
system seems working quite well
5 shy of trigger. remember one of the week's back it was 2 shy of trigger.
have idea to refine entry and curtail few profit points since system is giving 100 percent ( since extremely small sample) in 6 trades. |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #52 Posted: Fri Nov 06, 2015 9:10 pm Post subject: |
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week 8
wins 5/5 : 344 points
again system entry actually triggered |
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grshnehete
White Belt
Joined: 15 Sep 2015
Posts: 69
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| Post: #53 Posted: Sat Nov 07, 2015 9:34 pm Post subject: |
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| amitagg wrote: | week 8
wins 5/5 : 344 points
again system entry actually triggered |
Can we know the strategy? |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #54 Posted: Mon Nov 09, 2015 2:58 pm Post subject: |
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come closer.....
week 9 : trade 6
Sell NS 7970....stop 8025....target 7925. just 40/50 1:1. |
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ninjadude
White Belt
Joined: 29 Jan 2013
Posts: 128
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| Post: #55 Posted: Wed Nov 11, 2015 10:07 am Post subject: |
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Heres wishing you a very happy Diwali with peace and prosperity to my fellow traders here,
 |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #56 Posted: Mon Nov 16, 2015 1:32 pm Post subject: |
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| amitagg wrote: | week 8
wins 5/5 : 344 points
again system entry actually triggered |
week 10: trade 6:
Sell NS 7783.....target 7730/7695.....stop 7823 (modified from 7840)
place Stop Loss sell order...............
Can sell 7800 call at this point......instead of futures.....to mimick the above trade.....with a reduced delta and positive theta.
(..week 9 ....breakdown system trade was successful....could not post in time. shall exclude from total calculation...so trade 6 remains open) |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #57 Posted: Mon Nov 16, 2015 9:23 pm Post subject: |
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| amitagg wrote: | | amitagg wrote: | week 8
wins 5/5 : 344 points
again system entry actually triggered |
week 10: trade 6:
Sell NS 7783.....target 7730/7695.....stop 7823 (modified from 7840)
place Stop Loss sell order...............
Can sell 7800 call at this point......instead of futures.....to mimick the above trade.....with a reduced delta and positive theta.
(..week 9 ....breakdown system trade was successful....could not post in time. shall exclude from total calculation...so trade 6 remains open) |
system precise:
low 7785 (7783 not triggered)
high 7839 (7840 not triggered....) NO need for modification.....seeing price action.
system working better with filters now ..............irrespective of reduced RR....always better to apply filters.....and follow strictly.
the drawdown, strike and
(I had sold 7800 call as mentioned above which shall look to square off if clears 7840 NS)....or at cost. since first 'attempt' to break SL have been complete........... |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #58 Posted: Sun Jan 31, 2016 4:14 pm Post subject: |
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Nifty targets before any reversal (keeping stop 7480 and then moving to 7520) - 7664/7112/7773
Buy price breakdowns intra day and /or enter buy 7540 ( where one can target 7600 again)
If not already long, first entry buy 7616 - target 7664 stop 7480 ( let RR be what it is). ( can TSL 50 percent to cost if target hits for next target of 7712)
Next 7545 stop 7480 target 7600/7664
( weekly system works perfectly without noise and inbuilt in some or part of above)
Let's wait till 26/28 FEBRUARY or 12/14 April before expecting a key reversal..... Till then enjoy the longs!
( 7270 was posted in another thread as the bottom) - for time being
NS |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #59 Posted: Thu Feb 04, 2016 7:00 pm Post subject: |
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7616 buy did not trigger (7606 high)
7445 resulted 0 PL after TSL after move of 30 points in winning direction
Reverse is also method at SL of 7480 which worked but I do not take such trades.
NOTE: market would have bottomed on 20/25th with price time square and hence do not expect fall now......( if reading wrong and falls below 7220 then it shall come to fall till 25/27 April)
Hence logically expect consolidation and UPMOVE Without bullish overtones since it has to test 6500 unless above 8100. |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #60 Posted: Mon Feb 08, 2016 12:04 am Post subject: |
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7463 "gravity" level for both short and long and "contraction mode" on most timeframes ..... Hence no trade.
Option sellers ( more so intra day) would have a field month and do great.
As mentioned 26/28 feb next date to watch for a pivot high or low ( or end of contraction) or Then 12-14 April |
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