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nifty trading by chennuru- postional trade |
chennuru White Belt
Joined: 07 Jan 2011 Posts: 93
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Post: #1 Posted: Thu Sep 06, 2012 6:03 pm Post subject: nifty trading by chennuru- postional trade |
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Hi ,
my trading station for positional trades,
this is for postional and always see 1.2 r/r ratio.
witout getting any conformation i will not enter any long or short,
chennnuru |
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rakpeds White Belt
Joined: 24 Jun 2012 Posts: 481
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Post: #2 Posted: Thu Sep 06, 2012 6:38 pm Post subject: Re: nifty trading by chennuru- postional trade |
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chennuru wrote: | Hi ,
my trading station for positional trades,
this is for postional and always see 1.2 r/r ratio.
witout getting any conformation i will not enter any long or short,
chennnuru |
please post the tech indicator which u using and what is the demand index and its calculation.... |
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chennuru White Belt
Joined: 07 Jan 2011 Posts: 93
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Post: #3 Posted: Thu Sep 06, 2012 9:46 pm Post subject: |
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Dear
it is demand index,
similar to force index,
its cal is quite complex.
if u want u can get it from google.
thanks for ur interest |
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GHAISAS White Belt
Joined: 01 Feb 2010 Posts: 349
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Post: #4 Posted: Fri Sep 07, 2012 6:30 am Post subject: |
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Chennuru, Congrats, Looking forward,
ghaisas. |
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chennuru White Belt
Joined: 07 Jan 2011 Posts: 93
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Post: #5 Posted: Fri Sep 07, 2012 6:42 pm Post subject: |
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dear friends
today long on opening,
divergence observation was too late,
late is better than never,
but with in this few days ,nifty is going enter in to resistance zone.
but DI line stays above zero line, always trade on long side,
as per my exp it will come back to fill todays gap. |
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rakpeds White Belt
Joined: 24 Jun 2012 Posts: 481
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Post: #6 Posted: Fri Sep 07, 2012 8:40 pm Post subject: |
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chennuru wrote: | dear friends
today long on opening,
divergence observation was too late,
late is better than never,
but with in this few days ,nifty is going enter in to resistance zone.
but DI line stays above zero line, always trade on long side,
as per my exp it will come back to fill todays gap. |
sir ,... which are the 3 MA u are using in yr chart ? |
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chennuru White Belt
Joined: 07 Jan 2011 Posts: 93
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Post: #7 Posted: Fri Sep 07, 2012 9:36 pm Post subject: |
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dear
8 ema and 15 ema and 34wma,
thanks |
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rakpeds White Belt
Joined: 24 Jun 2012 Posts: 481
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Post: #8 Posted: Fri Sep 07, 2012 11:27 pm Post subject: |
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chennuru wrote: | dear
8 ema and 15 ema and 34wma,
thanks |
thnx sir... and do u have any backtesting result for this ... pls share if u dont mind |
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chennuru White Belt
Joined: 07 Jan 2011 Posts: 93
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Post: #9 Posted: Fri Sep 07, 2012 11:44 pm Post subject: |
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dear
it works for high average volume stocks,
nifty and bank nifty,
my success ratio is 75%.
u can not find 100% working system.
as i told u, i stick on my priniciples, i never enter low average volume stocks.
if i get confuse i check awesome oscilator(crossing the zero line) along with set up, but not all times, because already i follow movi averages.
bye |
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pvramesh White Belt
Joined: 01 Jan 2011 Posts: 35
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Post: #10 Posted: Sat Sep 08, 2012 8:32 am Post subject: |
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what time frame you use? |
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sonila Brown Belt
Joined: 04 Jun 2009 Posts: 1786
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Post: #11 Posted: Sat Sep 08, 2012 9:48 am Post subject: |
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Chennuru, can u discuss the full method.....plz |
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chennuru White Belt
Joined: 07 Jan 2011 Posts: 93
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Post: #12 Posted: Sat Sep 08, 2012 2:42 pm Post subject: |
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dear friends
tf 60,
E.moving averages 8 and 15
W.moving average 34
indicator-Demand index
you are welcome for any other information |
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sonila Brown Belt
Joined: 04 Jun 2009 Posts: 1786
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Post: #13 Posted: Sat Sep 08, 2012 2:55 pm Post subject: |
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entry,exit,stop loss,profit booking,reentry details,demand index settings and demand index interpretation.Chennuru plz ans these things |
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chennuru White Belt
Joined: 07 Jan 2011 Posts: 93
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Post: #14 Posted: Sat Sep 08, 2012 5:17 pm Post subject: |
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here u can find attachment,
any doughts, come back
i will catch u later |
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pvramesh White Belt
Joined: 01 Jan 2011 Posts: 35
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Post: #15 Posted: Sat Sep 08, 2012 6:48 pm Post subject: |
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you mean 60 minute? Are you using ichart or someother? |
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