| View previous topic :: View next topic |
| Author |
Overbought-Oversold Intraday Tradins Strategy |
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
Post: #76  Posted: Wed Nov 02, 2011 2:10 pm Post subject: |
 |
|
| true ridinghood. if anyone carried forward from yesterday, he will make much more |
|
| Back to top |
|
 |
|
|
|
ridinghood
Yellow Belt
Joined: 16 Apr 2009
Posts: 724
|
| Post: #77 Posted: Wed Nov 02, 2011 7:53 pm Post subject: |
|
|
HI ALL
nf close 5280.2 daily volatilty 1.53%
o/b level 5280.2+80.8=5361
o/s level 5280.2-80.8= 5199.4
regs
ridinghood |
|
| Back to top |
|
|
ANS_KOL
White Belt
Joined: 16 Jul 2011
Posts: 84
|
| Post: #78 Posted: Wed Nov 02, 2011 9:26 pm Post subject: |
|
|
| ridinghood wrote: | HI ALL
nf close 5280.2 daily volatilty 1.53%
o/b level 5280.2+80.8=5361
o/s level 5280.2-80.8= 5199.4
regs
ridinghood |
Good job Ridinghood,
unfortunately no trade triggered on the second trading day of November.
for 3/11/2011
sell @ 5361( 5360-5365) stoploss 5411
buy @ 5199.4( 5195- 5200) stoploss 5149.
regards
ANS. |
|
| Back to top |
|
|
anand512
White Belt
Joined: 26 Jun 2009
Posts: 109
|
| Post: #79 Posted: Thu Nov 03, 2011 9:36 pm Post subject: commodity daily volatility |
|
|
[Sir,
As per your strategy i today trade in nifty and infosys. and earn 6000
Pl. guide me from where the value of daily volatility of commodity will be available ?[/b] |
|
| Back to top |
|
|
ridinghood
Yellow Belt
Joined: 16 Apr 2009
Posts: 724
|
| Post: #80 Posted: Thu Nov 03, 2011 9:40 pm Post subject: |
|
|
HI ANS
thnx brother!
nf closed at 5295.85 today
daily volatility 1.49%
o/b price for 4/11 5295.85+78.9=5375
o/s price for 4/11 5295.85-78.9=5217
regs
ridinghood |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #81 Posted: Thu Nov 03, 2011 9:47 pm Post subject: |
|
|
| ANS, have you tried this when there is gap-up or down when trend is more or less confirmed? |
|
| Back to top |
|
|
ridinghood
Yellow Belt
Joined: 16 Apr 2009
Posts: 724
|
| Post: #82 Posted: Fri Nov 04, 2011 9:44 am Post subject: |
|
|
lets hope nf hits o/b level today!
ridinghood |
|
| Back to top |
|
|
ANS_KOL
White Belt
Joined: 16 Jul 2011
Posts: 84
|
| Post: #83 Posted: Fri Nov 04, 2011 9:37 pm Post subject: |
|
|
| vinay28 wrote: | | ANS, have you tried this when there is gap-up or down when trend is more or less confirmed? |
Dear Vinay,
guess you are talking about intraday trend, but let me explain I tried and tested in all kind of market scenario so can t tell you seperately what is the result when in intraday nifty takes a strong trend.
But I can tell you one more important thing Vinay. if you consider short term trend, ( my favourite is 7 days ema for short term trend and 34 days ema for intermediate trend), when the price is trading above both of the moving averages and in intraday price reaches oversold level the chances of price to reverse from that point is high, and at the same time when price is trading below both of them and in intraday the price reaches overbought level the chances of revrsal is also very high, almost sure shot opportunity to make a good and fast 30-35 points if not more.
regards.
ANS. |
|
| Back to top |
|
|
ANS_KOL
White Belt
Joined: 16 Jul 2011
Posts: 84
|
| Post: #84 Posted: Fri Nov 04, 2011 9:43 pm Post subject: Re: commodity daily volatility |
|
|
| anand512 wrote: | [Sir,
As per your strategy i today trade in nifty and infosys. and earn 6000
Pl. guide me from where the value of daily volatility of commodity will be available ?[/b] |
Congrats Anand,
strategies don t make money, it s the person following is important. All credit goes to your dedication to apply it to work.Keep up the good work and make a lot of money.
It will be really helpful if you post your trade of INFY as myself never really tried it with any scrip other than nifty future.
ANS. |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #85 Posted: Fri Nov 04, 2011 10:32 pm Post subject: |
|
|
| Thanks ANS |
|
| Back to top |
|
|
infinity
White Belt
Joined: 09 Aug 2010
Posts: 49
|
| Post: #86 Posted: Fri Nov 04, 2011 10:57 pm Post subject: Re: commodity daily volatility |
|
|
| anand512 wrote: | [Sir,
As per your strategy i today trade in nifty and infosys. and earn 6000
Pl. guide me from where the value of daily volatility of commodity will be available ?[/b] |
anand512
Good that you are benefited from this system. I think your question of "Pl. guide me from where the value of daily volatility of commodity will be available ?" is still unanswered. For this please go to http://www.mediafire.com/?twwjminymze for step by step pictorial demo.
Disclaimer: PT/ST please pardon me if I have violated rules of this forum; which I have absolutely no intention of doing so. |
|
| Back to top |
|
|
vinst
Black Belt
Joined: 09 Jan 2007
Posts: 3303
|
| Post: #87 Posted: Sat Nov 05, 2011 9:04 am Post subject: |
|
|
| ANS_KOL wrote: | | ridinghood wrote: | HI ALL
nf close 5280.2 daily volatilty 1.53%
o/b level 5280.2+80.8=5361
o/s level 5280.2-80.8= 5199.4
regs
ridinghood |
Good job Ridinghood,
unfortunately no trade triggered on the second trading day of November.
for 3/11/2011
sell @ 5361( 5360-5365) stoploss 5411
buy @ 5199.4( 5195- 5200) stoploss 5149.
regards
ANS. |
Hi ANS_KOL
The daily volatility is completely based on closing prices. High/low of previous days are not involved in calculation of daily volatility (DV).
Therefore, i feel, the DV should represent the expected change in closing price for the next day and not the next day's high/low.
Now suppose the market is going to close higher ==> the high of the day is going to be still higher than the level predicted based on daily volatility.
similarly, suppose the market is going to close lower ==> the low of the day is going to be still lower than the level predicted based on daily volatility.
So short/long at predicted high/low based on DV Should involve SL which takes into account the high-close and close-low distances. |
|
| Back to top |
|
|
freedom
White Belt
Joined: 06 Jul 2011
Posts: 126
|
| Post: #88 Posted: Sat Nov 05, 2011 3:31 pm Post subject: |
|
|
| vinst wrote: | | ANS_KOL wrote: | | ridinghood wrote: | HI ALL
nf close 5280.2 daily volatilty 1.53%
o/b level 5280.2+80.8=5361
o/s level 5280.2-80.8= 5199.4
regs
ridinghood |
Good job Ridinghood,
unfortunately no trade triggered on the second trading day of November.
for 3/11/2011
sell @ 5361( 5360-5365) stoploss 5411
buy @ 5199.4( 5195- 5200) stoploss 5149.
regards
ANS. |
Hi ANS_KOL
The daily volatility is completely based on closing prices. High/low of previous days are not involved in calculation of daily volatility (DV).
Therefore, i feel, the DV should represent the expected change in closing price for the next day and not the next day's high/low.
Now suppose the market is going to close higher ==> the high of the day is going to be still higher than the level predicted based on daily volatility.
similarly, suppose the market is going to close lower ==> the low of the day is going to be still lower than the level predicted based on daily volatility.
So short/long at predicted high/low based on DV Should involve SL which takes into account the high-close and close-low distances. |
I couldn't get it |
|
| Back to top |
|
|
ridinghood
Yellow Belt
Joined: 16 Apr 2009
Posts: 724
|
| Post: #89 Posted: Sat Nov 05, 2011 7:22 pm Post subject: |
|
|
HI VINST
nf hlc on 4/11 5354/5284/5317 dv 1.44%
now keeping ur suggestion in mind for 8/11
sell at 5394 sl 5431 and
buy at 5240 sl 5208
am i right sir?
regs
ridinghood |
|
| Back to top |
|
|
vinst
Black Belt
Joined: 09 Jan 2007
Posts: 3303
|
| Post: #90 Posted: Sat Nov 05, 2011 7:29 pm Post subject: |
|
|
| freedom wrote: | | vinst wrote: | | ANS_KOL wrote: | | ridinghood wrote: | HI ALL
nf close 5280.2 daily volatilty 1.53%
o/b level 5280.2+80.8=5361
o/s level 5280.2-80.8= 5199.4
regs
ridinghood |
Good job Ridinghood,
unfortunately no trade triggered on the second trading day of November.
for 3/11/2011
sell @ 5361( 5360-5365) stoploss 5411
buy @ 5199.4( 5195- 5200) stoploss 5149.
regards
ANS. |
Hi ANS_KOL
The daily volatility is completely based on closing prices. High/low of previous days are not involved in calculation of daily volatility (DV).
Therefore, i feel, the DV should represent the expected change in closing price for the next day and not the next day's high/low.
Now suppose the market is going to close higher ==> the high of the day is going to be still higher than the level predicted based on daily volatility.
similarly, suppose the market is going to close lower ==> the low of the day is going to be still lower than the level predicted based on daily volatility.
So short/long at predicted high/low based on DV Should involve SL which takes into account the high-close and close-low distances. |
I couldn't get it |
Taking the numbers meant for 3-Nov:
nf close 5280.2 daily volatilty 1.53%
o/b level 5280.2+80.8=5361
o/s level 5280.2-80.8= 5199.4
since DV is calculated from closing prices, projected numbers based on DV will show projected close next day.
Assuming the next day mkt is bullish, we may expect close to be as far as 5361. The high would certainly be greater. But by how much? If this estimate is made, then it gives us better idea of SL, rather than a fixed amount of 50 points. But how to estimate projected high which is consistent with the method proposed in this thread? |
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
