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positional by Umesh |
vishyvaranasi
Green Belt
Joined: 11 Jul 2011
Posts: 1159
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Post: #106  Posted: Fri Jul 27, 2012 2:00 pm Post subject: |
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Hi Umesh,
If NF stays abov 5125 for 5 min itll be a buy again na.
Vishy |
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umesh1
Brown Belt
Joined: 24 Nov 2008
Posts: 1974
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| Post: #107 Posted: Fri Jul 27, 2012 3:13 pm Post subject: |
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| vishyvaranasi wrote: | Hi Umesh,
If NF stays abov 5125 for 5 min itll be a buy again na.
Vishy |
Vishy
5100 is monthly pivot for august,u may buy and sell as per ur profile,or folow a std practice enter if stay abv /belo levels for 5 min,discipline is important for any system
happy niftying
nifty bearish only on close belo 5020 for 4800 if not 5300 tgt for august
no magic numbers as i believe all magics are just tricks and illusions in which i dont believe |
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vishyvaranasi
Green Belt
Joined: 11 Jul 2011
Posts: 1159
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| Post: #108 Posted: Fri Jul 27, 2012 3:18 pm Post subject: |
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Hi umesh,
One more dbt wat is the effect of 50ema on positional buy lvls
vishy
| umesh1 wrote: | | vishyvaranasi wrote: | Hi Umesh,
If NF stays abov 5125 for 5 min itll be a buy again na.
Vishy |
Vishy
5100 is monthly pivot for august,u may buy and sell as per ur profile,or folow a std practice enter if stay abv /belo levels for 5 min,discipline is important for any system
happy niftying
nifty bearish only on close belo 5020 for 4800 if not 5300 tgt for august
no magic numbers as i believe all magics are just tricks and illusions in which i dont believe |
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umesh1
Brown Belt
Joined: 24 Nov 2008
Posts: 1974
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| Post: #109 Posted: Fri Jul 27, 2012 3:27 pm Post subject: |
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| rakpeds wrote: | | umesh1 wrote: | Positional for August series buy above 5125 and sell belo 5075,pivot being 5100 ,
Cheers Happy niftying |
so umesh sir whenever nf breaches any above level we enter trade wit 25 pts stop loss and 50 pts target ...
pls can u explain the trade method to trade positinal levels ... Gann intra rocking as usual  |
Dear Rakpedi (sounds raagpatti in marathi)
very simple as intraday gann,these are monthly gann stay abv/belo levels for 5 mins enter tgt every 50 and sl every 25 rest as per ur risk reward appetite
Cheers |
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rakpeds
White Belt
Joined: 24 Jun 2012
Posts: 481
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| Post: #110 Posted: Fri Jul 27, 2012 6:00 pm Post subject: |
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| umesh1 wrote: | | rakpeds wrote: | | umesh1 wrote: | Positional for August series buy above 5125 and sell belo 5075,pivot being 5100 ,
Cheers Happy niftying |
so umesh sir whenever nf breaches any above level we enter trade wit 25 pts stop loss and 50 pts target ...
pls can u explain the trade method to trade positinal levels ... Gann intra rocking as usual |
Dear Rakpedi (sounds raagpatti in marathi)
very simple as intraday gann,these are monthly gann stay abv/belo levels for 5 mins enter tgt every 50 and sl every 25 rest as per ur risk reward appetite
Cheers |
heheheheheheh...
Yes umesh sir but lets say if today we booked at 50 pts... and then mkt doesnt stop and makes another 50 pts without coming to our levels then how to enter in that manner... i mean
we enter at 5125 with 2 lots
booked one at 5175 and tsl for other at 5150... and tsl is hit...
after hitting that if it again goes above instead of coming back to 5125 or around...
so how to enter again then ??? does the pivot changes ???  |
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umesh1
Brown Belt
Joined: 24 Nov 2008
Posts: 1974
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| Post: #111 Posted: Fri Jul 27, 2012 10:33 pm Post subject: |
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Friends
Once again history was repeated today as on the first day of july series ie. a straight gap up abv our positional levels hitting 1st tgt and retesting the strength of pivot,,,,just an observation lets see where nifty heads 4900 or 5300
Cheers |
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rakpeds
White Belt
Joined: 24 Jun 2012
Posts: 481
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| Post: #112 Posted: Sat Jul 28, 2012 12:16 am Post subject: |
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| rakpeds wrote: | | umesh1 wrote: | | rakpeds wrote: | | umesh1 wrote: | Positional for August series buy above 5125 and sell belo 5075,pivot being 5100 ,
Cheers Happy niftying |
so umesh sir whenever nf breaches any above level we enter trade wit 25 pts stop loss and 50 pts target ...
pls can u explain the trade method to trade positinal levels ... Gann intra rocking as usual |
Dear Rakpedi (sounds raagpatti in marathi)
very simple as intraday gann,these are monthly gann stay abv/belo levels for 5 mins enter tgt every 50 and sl every 25 rest as per ur risk reward appetite
Cheers |
heheheheheheh...
Yes umesh sir but lets say if today we booked at 50 pts... and then mkt doesnt stop and makes another 50 pts without coming to our levels then how to enter in that manner... i mean
we enter at 5125 with 2 lots
booked one at 5175 and tsl for other at 5150... and tsl is hit...
after hitting that if it again goes above instead of coming back to 5125 or around...
so how to enter again then ??? does the pivot changes ??? |
sir pls explain me above scenario when free. thnx for bearing wit me |
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umesh1
Brown Belt
Joined: 24 Nov 2008
Posts: 1974
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| Post: #113 Posted: Sat Jul 28, 2012 3:01 pm Post subject: |
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| rakpeds wrote: | | rakpeds wrote: | | umesh1 wrote: | | rakpeds wrote: | | umesh1 wrote: | Positional for August series buy above 5125 and sell belo 5075,pivot being 5100 ,
Cheers Happy niftying |
so umesh sir whenever nf breaches any above level we enter trade wit 25 pts stop loss and 50 pts target ...
pls can u explain the trade method to trade positinal levels ... Gann intra rocking as usual |
Dear Rakpedi (sounds raagpatti in marathi)
very simple as intraday gann,these are monthly gann stay abv/belo levels for 5 mins enter tgt every 50 and sl every 25 rest as per ur risk reward appetite
Cheers |
heheheheheheh...
Yes umesh sir but lets say if today we booked at 50 pts... and then mkt doesnt stop and makes another 50 pts without coming to our levels then how to enter in that manner... i mean
we enter at 5125 with 2 lots
booked one at 5175 and tsl for other at 5150... and tsl is hit...
after hitting that if it again goes above instead of coming back to 5125 or around...
so how to enter again then ??? does the pivot changes ??? |
sir pls explain me above scenario when free. thnx for bearing wit me |
All those following positional are in buy now,Decision making is at your discretion depending on your profile and type of trading u are into
Cheers |
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vishyvaranasi
Green Belt
Joined: 11 Jul 2011
Posts: 1159
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| Post: #114 Posted: Sat Jul 28, 2012 3:24 pm Post subject: |
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Hi Umesh,
Just for a clarification. Does the EMA 50 on 5 Min hav an effect on Positional buy lvls u gave?.
The other thing is i am in Buy by the close of the market. Before that had Bot at 5125( after being abv it for 5 min) and after that mkt made a low of 5097(appx) so i exited. Matlab. Is is right to exit as per your strategy orelse hav to wait for 5min even for the nifty tosustain blow 5100.Pl.clarify
Vishy |
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rakpeds
White Belt
Joined: 24 Jun 2012
Posts: 481
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| Post: #115 Posted: Sat Jul 28, 2012 3:34 pm Post subject: |
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| umesh1 wrote: | | rakpeds wrote: | | rakpeds wrote: | | umesh1 wrote: | | rakpeds wrote: | | umesh1 wrote: | Positional for August series buy above 5125 and sell belo 5075,pivot being 5100 ,
Cheers Happy niftying |
so umesh sir whenever nf breaches any above level we enter trade wit 25 pts stop loss and 50 pts target ...
pls can u explain the trade method to trade positinal levels ... Gann intra rocking as usual |
Dear Rakpedi (sounds raagpatti in marathi)
very simple as intraday gann,these are monthly gann stay abv/belo levels for 5 mins enter tgt every 50 and sl every 25 rest as per ur risk reward appetite
Cheers |
heheheheheheh...
Yes umesh sir but lets say if today we booked at 50 pts... and then mkt doesnt stop and makes another 50 pts without coming to our levels then how to enter in that manner... i mean
we enter at 5125 with 2 lots
booked one at 5175 and tsl for other at 5150... and tsl is hit...
after hitting that if it again goes above instead of coming back to 5125 or around...
so how to enter again then ??? does the pivot changes ??? |
sir pls explain me above scenario when free. thnx for bearing wit me |
All those following positional are in buy now,Decision making is at your discretion depending on your profile and type of trading u are into
Cheers |
yes umesh sir... i am already in long but again the query rises in case of above scenario....  |
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umesh1
Brown Belt
Joined: 24 Nov 2008
Posts: 1974
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| Post: #116 Posted: Sat Jul 28, 2012 4:20 pm Post subject: |
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| vishyvaranasi wrote: | Hi Umesh,
Just for a clarification. Does the EMA 50 on 5 Min hav an effect on Positional buy lvls u gave?.
The other thing is i am in Buy by the close of the market. Before that had Bot at 5125( after being abv it for 5 min) and after that mkt made a low of 5097(appx) so i exited. Matlab. Is is right to exit as per your strategy orelse hav to wait for 5min even for the nifty tosustain blow 5100.Pl.clarify
Vishy |
Just to clear doubts on entry,do not enter buy in falling nifty even at buy levels,similarly do not enter sell in rising nifty allow it to stabilise and when it changes direction and turns abv buy in positive direction Enter Buy similarly for sell allow it to rise and if it is unable to sustain buy lvl enter sell when sell level is reached,friday nifty just touched monthly pivot 5100 given on thursday means above it is positive bias below it is negative bias,Friday positional opened gap up triggering buy and exited 1st tgt5175 remain tsl 5050,sell intraday trigged gave 2 tgts belo 5130,bounced back and entered positional buyas u have rightly mentioned towards close positional buy is triggrd which is the strategy so far,
Its better to wait for 5 mins as u had seen nifty struggle at pivot levels so it just triggrd SL of conservative traders and bounced back,This happens and will happen many times so better wait and decide,even hitting SL at your will is always profitable than markets will,All big loosing trades occur for not accepting SL a fact which cant be denied even by the experts,
Had u not put a SL and nifty dived to sell level u wud have seen pain,if u are in front of screen you can be your best judge,if u r trading by phone or sitting at brokers office and trading i advise fill SL and Targets,as by the time u ask your dealer to enter,
EMA 50 in 5mins is cool for intraday,do not blend strategies ,one is biryani one is pulao enjoy the taste seperately blending will become khichdi
Cheers |
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pkholla
Black Belt
Joined: 04 Nov 2010
Posts: 2890
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| Post: #117 Posted: Sun Jul 29, 2012 9:44 am Post subject: |
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| umesh1 wrote: | | Just to clear doubts on entry,do not enter buy in ..... do not blend strategies ,one is biryani one is pulao enjoy the taste seperately blending will become khichdi Cheers |
Umesh: Well said. Prakash Holla |
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umesh1
Brown Belt
Joined: 24 Nov 2008
Posts: 1974
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| Post: #118 Posted: Mon Jul 30, 2012 9:39 am Post subject: |
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Cheers to Positionals 1st tgt booked  |
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pkholla
Black Belt
Joined: 04 Nov 2010
Posts: 2890
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| Post: #119 Posted: Mon Jul 30, 2012 11:12 am Post subject: |
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| Umesh: Tomorrow RBI. Any thoughts on BNF positional if u r free? Regards and thanks in adv, Prakash Holla |
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umesh1
Brown Belt
Joined: 24 Nov 2008
Posts: 1974
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| Post: #120 Posted: Mon Jul 30, 2012 3:58 pm Post subject: |
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A day of tgts,august series before august begins
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