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Nifty Reversal Point
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Author Nifty Reversal Point
bablya
White Belt
White Belt


Joined: 31 May 2011
Posts: 38

Post: #61   PostPosted: Sat Sep 10, 2011 11:08 am    Post subject: Reply with quote

Dear Kashidun Sir,

Your 'K-3/5' is very simple and very effective.'Simple is Beautiful'.....Hat's off to u....
It's great of u to answer each and every query posted. Thanx for that..
Once again i'm going to trouble u with some queries. Hope u will not mind
Smile

1. As posted in earlier reply, 'What if some part of wick/candle is touching either EMA' ?

2. After we get an abandoned candle. Maximum how much candles period we should wait for an 'confirmatory' candle to appear? ( What's maximum period allowed betn 'abandoned' candle and 'confirmatory' candle?

3. Is candle stick pattern of 'abandoned' candle be considered and does it have any effect on 'strength' of probable pattern/signal and outcome result ?
( hammer/ inverted hammer/ doji/ narrow body candle etc)

Sir, i'm aware tht u are working seriously to club and improve the system.
(Do answer if u feel my queries have some point. If u feel they are not that much releavant, then neglect them )

thx
Amit
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GHAISAS
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Joined: 01 Feb 2010
Posts: 349

Post: #62   PostPosted: Sat Sep 10, 2011 11:43 am    Post subject: Reply with quote

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GHAISAS
White Belt
White Belt


Joined: 01 Feb 2010
Posts: 349

Post: #63   PostPosted: Wed Sep 14, 2011 11:45 am    Post subject: Reply with quote

KASHIDUN, todays OHLC strategy Nifty 1m O: 4948, H 4947 L: 4910, target was 4910 with SL of 4987. no trade taken - but when reached 4966 high, it again reached for its target of 4910 @ at around 11.05 am. yet paper trading. thanks kashidun. 50 +
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