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p_wangdu's trading method for 3 to 5 day position. |
p_wangdu White Belt
Joined: 30 Apr 2012 Posts: 126
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Post: #1 Posted: Wed Sep 19, 2012 7:14 pm Post subject: p_wangdu's trading method for 3 to 5 day position. |
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herewith attached document and chart ... how to use the method. please ask me for answer to any quarry . wish you all happy earning
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Swing trading method for 3 to 5 day position.doc |
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p_wangdu White Belt
Joined: 30 Apr 2012 Posts: 126
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Post: #2 Posted: Wed Sep 19, 2012 7:21 pm Post subject: Re: p_wangdu's trading method for 3 to 5 day position. |
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p_wangdu wrote: | herewith attached document and chart ... how to use the method. please ask me for answer to any quarry . wish you all happy earning | by mistake i have attached 30 minute chart ..please use 60 minutes chart for the method
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vinst Black Belt
Joined: 09 Jan 2007 Posts: 3303
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Post: #3 Posted: Wed Sep 19, 2012 7:27 pm Post subject: Re: p_wangdu's trading method for 3 to 5 day position. |
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p_wangdu wrote: | herewith attached document and chart ... how to use the method. please ask me for answer to any quarry . wish you all happy earning |
Hi,
thanks for parameters.
what's the role of both ema lines? and also how to use eliott osc with other specified indicators?
regards,
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p_wangdu White Belt
Joined: 30 Apr 2012 Posts: 126
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rk_a2003 Black Belt
Joined: 21 Jan 2010 Posts: 2734
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Post: #5 Posted: Wed Sep 19, 2012 7:37 pm Post subject: Re: p_wangdu's trading method for 3 to 5 day position. |
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p_wangdu wrote: | p_wangdu wrote: | herewith attached document and chart ... how to use the method. please ask me for answer to any quarry . wish you all happy earning |
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p_wangdu,
It should work well in trending markets.For short trades everything should go in reverse...right?
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p_wangdu White Belt
Joined: 30 Apr 2012 Posts: 126
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Post: #6 Posted: Wed Sep 19, 2012 7:40 pm Post subject: Re: p_wangdu's trading method for 3 to 5 day position. |
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vinst wrote: | p_wangdu wrote: | herewith attached document and chart ... how to use the method. please ask me for answer to any quarry . wish you all happy earning |
Hi,
thanks for parameters.
what's the role of both ema lines? and also how to use eliott osc with other specified indicators?
regards, | ema line for crossover to see alongwith other indicators,elliott osc above zero suggest and confirms the bullish trend.
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p_wangdu White Belt
Joined: 30 Apr 2012 Posts: 126
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Post: #7 Posted: Wed Sep 19, 2012 7:42 pm Post subject: Re: p_wangdu's trading method for 3 to 5 day position. |
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rk_a2003 wrote: | p_wangdu wrote: | p_wangdu wrote: | herewith attached document and chart ... how to use the method. please ask me for answer to any quarry . wish you all happy earning |
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p_wangdu,
It should work well in trending markets.For short trades everything should go in reverse...right? | it works extra well intrending market., but results really good in all types of market .. pls back test it to know .. thanks
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #8 Posted: Wed Sep 19, 2012 7:56 pm Post subject: |
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Wangdu, in the chart attached by you rsi shows-ve div around noon onwards. What signal do you use to book profit?
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p_wangdu White Belt
Joined: 30 Apr 2012 Posts: 126
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Post: #9 Posted: Wed Sep 19, 2012 8:16 pm Post subject: |
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vinay28 wrote: | Wangdu, in the chart attached by you rsi shows-ve div around noon onwards. What signal do you use to book profit? | pls see one hour chart attached ... by mistake i ha attached previously 30 minutes chart sorry for that.
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #10 Posted: Wed Sep 19, 2012 8:29 pm Post subject: |
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ok thanks but in 1hr chart cci is showing -ve div
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p_wangdu White Belt
Joined: 30 Apr 2012 Posts: 126
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Post: #11 Posted: Wed Sep 19, 2012 8:39 pm Post subject: |
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vinay28 wrote: | ok thanks but in 1hr chart cci is showing -ve div | vinay cci nor rsi giving confirmed negative divergence since both above 200 and 70 respectively . moreover ew oci has no sign of reversal ... pls back test it on other stocks/ index for confirmation
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #12 Posted: Wed Sep 19, 2012 8:47 pm Post subject: |
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wangdu, isn't -ve div valid only at higher levels and +ve div at lower levels? I feel this gave a clear sell signal near end of day (during last candle) on Tuesday although one could say I am biased by political developments later or a postmortem/afterthought if you may.
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p_wangdu White Belt
Joined: 30 Apr 2012 Posts: 126
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Post: #13 Posted: Wed Sep 19, 2012 8:55 pm Post subject: |
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vinay28 wrote: | wangdu, isn't -ve div valid only at higher levels and +ve div at lower levels? I feel this gave a clear sell signal near end of day (during last candle) on Tuesday although one could say I am biased by political developments later or a postmortem/afterthought if you may. | vinay yes as per ew oci at 40 its time to book profit but other indicators not still supporting it. thanks
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #14 Posted: Wed Sep 19, 2012 9:29 pm Post subject: |
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ok thanks wangdu
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p_wangdu White Belt
Joined: 30 Apr 2012 Posts: 126
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Post: #15 Posted: Sat Sep 22, 2012 6:44 pm Post subject: icici my views |
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as per pw method., my views on icici posted on chart.
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