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SP Day Trading Strategy(+1,000 points pm) |
yesogna White Belt
Joined: 01 Jul 2010 Posts: 8
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Post: #166 Posted: Tue Nov 01, 2011 6:53 pm Post subject: |
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Thank you very much for clarification. |
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forexmoney Yellow Belt
Joined: 19 Oct 2011 Posts: 851
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Post: #167 Posted: Wed Nov 02, 2011 8:49 am Post subject: hi |
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hi,good morning nakum,pls give me the call if graph shows sum ind. |
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nakum Brown Belt
Joined: 10 Jan 2008 Posts: 2252
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Post: #168 Posted: Wed Nov 02, 2011 9:08 am Post subject: |
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Hi guys
good morning to all
have a good trading day |
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nakum Brown Belt
Joined: 10 Jan 2008 Posts: 2252
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Post: #169 Posted: Wed Nov 02, 2011 9:31 am Post subject: |
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Today use 2min time frame
Take the entry as per signal around 9.50 or 10 am.
Am i right Mr.Parray |
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SID2060 White Belt
Joined: 04 Nov 2009 Posts: 319
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Post: #170 Posted: Wed Nov 02, 2011 9:49 am Post subject: |
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NAKUM,
Please post charts to explain what is overlapping/engulfing and what is not overlapping....
Regards,
S I D
nakum wrote: | HI guys (amolvpatankar,forexmoney,yesogna,prabit)
at the mkt opening pls see carefully
a) 2 min Time Frame is good for the scenario where the first 15 minute of market movement overlapping (engulfing) previous day range down side or up side.
Take the entry as per signal around 9.50 or 10 am.
b) 3 min tf is good when first 15 minutes market move is out of the previous day range not overlapping previous day market movement.
Take the entry around 9.30 am as per the signal.
With regs
B.S.Nakum
Indore |
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parray White Belt
Joined: 04 Oct 2010 Posts: 102
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Post: #171 Posted: Wed Nov 02, 2011 9:51 am Post subject: |
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nakum wrote: | Today use 2min time frame
Take the entry as per signal around 9.50 or 10 am.
Am i right Mr.Parray |
nakum, your understanding is correct and you r doing great job that is the best way for self progress help as many people as you can.
related to first entry quires: if there is no fresh signal as per entry and exit guidelines then follow previous day signal. if previous day signal is in buy mode then take a long and vice versa for sell side.
wish you all gread day. |
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nakum Brown Belt
Joined: 10 Jan 2008 Posts: 2252
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Post: #172 Posted: Wed Nov 02, 2011 10:01 am Post subject: |
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sell@5278 |
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amolvpatankar White Belt
Joined: 23 Jun 2011 Posts: 104
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Post: #173 Posted: Wed Nov 02, 2011 10:03 am Post subject: |
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Bought at 5282 |
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tanhadil1984 White Belt
Joined: 08 Jun 2011 Posts: 36
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Post: #174 Posted: Wed Nov 02, 2011 10:03 am Post subject: |
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as per 3mts its buy at 5278, plz confirm?????? |
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amolvpatankar White Belt
Joined: 23 Jun 2011 Posts: 104
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Post: #175 Posted: Wed Nov 02, 2011 10:04 am Post subject: |
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Why sell? NIKUM |
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amolvpatankar White Belt
Joined: 23 Jun 2011 Posts: 104
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Post: #176 Posted: Wed Nov 02, 2011 10:07 am Post subject: |
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tanhadil1984 wrote: |
as per 3mts its buy at 5278, plz confirm?????? |
I bought at 5282 as per 2 min tf |
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nakum Brown Belt
Joined: 10 Jan 2008 Posts: 2252
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Post: #177 Posted: Wed Nov 02, 2011 10:08 am Post subject: |
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signal change buy @ 5285 |
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nakum Brown Belt
Joined: 10 Jan 2008 Posts: 2252
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Post: #178 Posted: Wed Nov 02, 2011 10:26 am Post subject: |
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I use 1 different parameter from parry so some calculation is different
parry use sma45 and dma 3,3
i use sma45 and wma10 |
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Allwell White Belt
Joined: 24 Jan 2010 Posts: 183
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Post: #179 Posted: Wed Nov 02, 2011 10:27 am Post subject: |
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Earlier in the morning at 9.25 sold @ 5269, S/L Taken @ 5285.....now buy @ 5285 Let's see... |
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forexmoney Yellow Belt
Joined: 19 Oct 2011 Posts: 851
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Post: #180 Posted: Wed Nov 02, 2011 10:34 am Post subject: hi |
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hi nakum,so ther is another signal of buying at 5285,corrcet sir? wat is the sl fr this buy call or will wait until reverse signals cums? |
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