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Nifty Trading Strategy - By God's Grace |
gopinathjm White Belt
Joined: 11 Dec 2007 Posts: 10
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Post: #1 Posted: Thu Mar 01, 2012 9:23 am Post subject: Nifty Trading Strategy - By God's Grace |
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Fibonacci Moving Average Trading Method To Gain Monthly Profit of 200 points on an average.
Fibonacci Moving Average Has Given Buy at 5384 of February 28 and the market went high up to 5458. Currently, the market is trading at 5358 and we are still hold the long position.
By using this strategy in the Month of February 2012, we have gained 520 points, 1 lot and in January we have gained 120 points.
Total in two months, 640 points.
From March, I am going to place the entry and exit in this forum to share the calls and to make the citizens financially free.
March Entry Buy at 5384
Hare Krishna! |
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deepakms White Belt
Joined: 13 Aug 2009 Posts: 194
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Post: #2 Posted: Thu Mar 01, 2012 9:30 am Post subject: |
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Hi Gopi,
Could you please post the charts too,like to see the points at which you enter and exit.
Rgds
Deepak |
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gopinathjm White Belt
Joined: 11 Dec 2007 Posts: 10
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Post: #3 Posted: Thu Mar 01, 2012 9:59 am Post subject: Here is the start of Fibronnaci |
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Hi please find the enclosed for the fibo trades...
deepakms wrote: | Hi Gopi,
Could you please post the charts too,like to see the points at which you enter and exit.
Rgds
Deepak |
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sonila Brown Belt
Joined: 04 Jun 2009 Posts: 1786
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Post: #4 Posted: Thu Mar 01, 2012 9:59 am Post subject: |
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Can u elaborate ur method ??? |
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gopinathjm White Belt
Joined: 11 Dec 2007 Posts: 10
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Post: #5 Posted: Thu Mar 01, 2012 10:00 am Post subject: Here is the strat of Fibronnaci |
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Hi please find the enclosed for the fibo trades...
by Gopi |
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mpgramesh White Belt
Joined: 13 Dec 2011 Posts: 79
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Post: #6 Posted: Thu Mar 01, 2012 10:01 am Post subject: Re: Here is the start of Fibronnaci |
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gopinathjm wrote: | Hi please find the enclosed for the fibo trades...
deepakms wrote: | Hi Gopi,
Could you please post the charts too,like to see the points at which you enter and exit.
Rgds
Deepak |
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HI GOPI,
WHERE IS THE ATTACHEMENT
OK OK
THANK U |
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mpgramesh White Belt
Joined: 13 Dec 2011 Posts: 79
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Post: #7 Posted: Thu Mar 01, 2012 10:07 am Post subject: |
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HI GOPI,
PLEASE TELL US, HOW TO FIND OUT THE ENTRY AND EXIT POINT ? |
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Rahulsharmaat Black Belt
Joined: 04 Nov 2009 Posts: 2766
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Post: #8 Posted: Thu Mar 01, 2012 10:40 am Post subject: |
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Post with the method of Entry stop loss n exit |
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gopinathjm White Belt
Joined: 11 Dec 2007 Posts: 10
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Post: #9 Posted: Thu Mar 01, 2012 12:16 pm Post subject: |
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This trading system does not have stop loss and we have to trade like a robot with no prediction, it is like go along with the trade.
I use 62 EMA and 38 EMA in 30 minute chart. I buy and exit on each cross over and there is a rule that i will explain later on what basis we have to enter.
Keep monitoring the calls, the strategy is still in short, given at 5470 - |
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Rahulsharmaat Black Belt
Joined: 04 Nov 2009 Posts: 2766
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Post: #10 Posted: Thu Mar 01, 2012 12:26 pm Post subject: |
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When it gave Long-- i hope below 5000 --isnt it around 19--20 jan |
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gopinathjm White Belt
Joined: 11 Dec 2007 Posts: 10
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Post: #11 Posted: Thu Mar 01, 2012 12:28 pm Post subject: |
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Yes it is 4790 on Jan 3, 2012 |
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opportunist White Belt
Joined: 27 Apr 2010 Posts: 356
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Post: #12 Posted: Thu Mar 01, 2012 12:57 pm Post subject: |
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gopinathjm wrote: | This trading system does not have stop loss and we have to trade like a robot with no prediction, it is like go along with the trade.
I use 62 EMA and 38 EMA in 30 minute chart. I buy and exit on each cross over and there is a rule that i will explain later on what basis we have to enter.
Keep monitoring the calls, the strategy is still in short, given at 5470 - |
Gopi bhai no stop loss ...that is a basic discipline in trading.... how do you manage downside risk then ?
38-62 crossover I understood but how is Fibo in all this ?
Regards,
Oppo
Last edited by opportunist on Thu Mar 01, 2012 1:02 pm; edited 1 time in total |
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dine White Belt
Joined: 11 Jul 2009 Posts: 73
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Post: #13 Posted: Thu Mar 01, 2012 1:00 pm Post subject: |
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opportunist wrote: | gopinathjm wrote: | This trading system does not have stop loss and we have to trade like a robot with no prediction, it is like go along with the trade.
I use 62 EMA and 38 EMA in 30 minute chart. I buy and exit on each cross over and there is a rule that i will explain later on what basis we have to enter.
Keep monitoring the calls, the strategy is still in short, given at 5470 - |
Gopi bhai no stop loss 8O ...that is a basic discipline in trading.... how do you manage downside risk then ?
38-62 crossover I understood but how is Fibo in all this.
Regards,
Oppo |
Dear oppo,
Maybe because, 38.2 and 61.8 are fibo numbers. |
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Rahulsharmaat Black Belt
Joined: 04 Nov 2009 Posts: 2766
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Post: #14 Posted: Thu Mar 01, 2012 1:02 pm Post subject: |
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thats good-- but we have to understand that this was one way rally from 4700--5600--
what is the result in trading n consolidation--- that has to be checked--and atleast 12 month back testing can prove it |
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gopinathjm White Belt
Joined: 11 Dec 2007 Posts: 10
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Post: #15 Posted: Thu Mar 01, 2012 1:19 pm Post subject: |
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Stop Loss is already designed in the Fibonacco number series, it will say to exit when the market is acting abnormally, so no worry about it.
Consolidration is a tricky where each and every trade will have a problem, we can easily avoid the trading on those situation if we apply the Golden rule, and I will reveal once we have more people involved in this discussion.
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