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SP Day Trading Strategy(+1,000 points pm)
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Author SP Day Trading Strategy(+1,000 points pm)
yesogna
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Joined: 01 Jul 2010
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Post: #166   PostPosted: Tue Nov 01, 2011 6:53 pm    Post subject: Reply with quote

Thank you very much for clarification.
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forexmoney
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Joined: 19 Oct 2011
Posts: 851

Post: #167   PostPosted: Wed Nov 02, 2011 8:49 am    Post subject: hi Reply with quote

hi,good morning nakum,pls give me the call if graph shows sum ind.
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nakum
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Joined: 10 Jan 2008
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Post: #168   PostPosted: Wed Nov 02, 2011 9:08 am    Post subject: Reply with quote

Hi guys

good morning to all

have a good trading day
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nakum
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Joined: 10 Jan 2008
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Post: #169   PostPosted: Wed Nov 02, 2011 9:31 am    Post subject: Reply with quote

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
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Joined: 04 Nov 2009
Posts: 319

Post: #170   PostPosted: Wed Nov 02, 2011 9:49 am    Post subject: Reply with quote

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
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Joined: 04 Oct 2010
Posts: 102

Post: #171   PostPosted: Wed Nov 02, 2011 9:51 am    Post subject: Reply with quote

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
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Joined: 10 Jan 2008
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Post: #172   PostPosted: Wed Nov 02, 2011 10:01 am    Post subject: Reply with quote

sell@5278
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amolvpatankar
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Joined: 23 Jun 2011
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Post: #173   PostPosted: Wed Nov 02, 2011 10:03 am    Post subject: Reply with quote

Bought at 5282
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tanhadil1984
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Joined: 08 Jun 2011
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Post: #174   PostPosted: Wed Nov 02, 2011 10:03 am    Post subject: Reply with quote

nakum wrote:
sell@5278


as per 3mts its buy at 5278, plz confirm??????
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amolvpatankar
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Joined: 23 Jun 2011
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Post: #175   PostPosted: Wed Nov 02, 2011 10:04 am    Post subject: Reply with quote

nakum wrote:
sell@5278


Why sell? NIKUM
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amolvpatankar
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Joined: 23 Jun 2011
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Post: #176   PostPosted: Wed Nov 02, 2011 10:07 am    Post subject: Reply with quote

tanhadil1984 wrote:
nakum wrote:
sell@5278


as per 3mts its buy at 5278, plz confirm??????


I bought at 5282 as per 2 min tf
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nakum
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Joined: 10 Jan 2008
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Post: #177   PostPosted: Wed Nov 02, 2011 10:08 am    Post subject: Reply with quote

signal change buy @ 5285
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nakum
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Joined: 10 Jan 2008
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Post: #178   PostPosted: Wed Nov 02, 2011 10:26 am    Post subject: Reply with quote

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
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Joined: 24 Jan 2010
Posts: 183

Post: #179   PostPosted: Wed Nov 02, 2011 10:27 am    Post subject: Reply with quote

Earlier in the morning at 9.25 sold @ 5269, S/L Taken @ 5285.....now buy @ 5285 Let's see... Sad
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forexmoney
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Joined: 19 Oct 2011
Posts: 851

Post: #180   PostPosted: Wed Nov 02, 2011 10:34 am    Post subject: hi Reply with quote

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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