| View previous topic :: View next topic |
| Author |
SP Day Trading Strategy(+1,000 points pm) |
nnitin
White Belt
Joined: 18 Jun 2008
Posts: 14
|
Post: #256  Posted: Fri Nov 04, 2011 12:36 pm Post subject: I am with you |
 |
|
parva,
I am with you.
Regards,
nnitin
|
|
| Back to top |
|
 |
|
|
|
Amigo
White Belt
Joined: 17 Jun 2011
Posts: 223
|
| Post: #257 Posted: Fri Nov 04, 2011 12:38 pm Post subject: |
|
|
i reversed @ 5331 .. 
|
|
| Back to top |
|
|
jsg
White Belt
Joined: 02 Oct 2011
Posts: 37
|
| Post: #258 Posted: Fri Nov 04, 2011 12:39 pm Post subject: |
|
|
Dear Amgo
Today's 9:15 to 9:30 range was 5329-5343.35 and yesterday's range was 5221-5315. So today's range was neither overlapping nor engulfing. Can you clarify?
|
|
| Back to top |
|
|
Amigo
White Belt
Joined: 17 Jun 2011
Posts: 223
|
| Post: #259 Posted: Fri Nov 04, 2011 12:52 pm Post subject: |
|
|
| jsg wrote: | Dear Amgo
Today's 9:15 to 9:30 range was 5329-5343.35 and yesterday's range was 5221-5315. So today's range was neither overlapping nor engulfing. Can you clarify? |
yes jsg, today market traded outside yesterday's range, hence it was not engulfing .
|
|
| Back to top |
|
|
parva
White Belt
Joined: 07 Dec 2009
Posts: 89
|
| Post: #260 Posted: Fri Nov 04, 2011 1:46 pm Post subject: |
|
|
| What is 9:50 AM rule..? Do we enter into a position if trend is continuing...from the previous day..? I didn't come across any such rule..? If trend is continuing then when should we take position..? 9:30/9:40/9:50...? I request to throw light on this issue. Thanks....Anyway our sell signal rocking now.
|
|
| Back to top |
|
|
amolvpatankar
White Belt
Joined: 23 Jun 2011
Posts: 104
|
| Post: #261 Posted: Fri Nov 04, 2011 2:09 pm Post subject: |
|
|
| parva wrote: | | What is 9:50 AM rule..? Do we enter into a position if trend is continuing...from the previous day..? I didn't come across any such rule..? If trend is continuing then when should we take position..? 9:30/9:40/9:50...? I request to throw light on this issue. Thanks....Anyway our sell signal rocking now. |
Please go through the previous pages..Mr. PARRAY has clearly mentioned the rule there..
|
|
| Back to top |
|
|
sachin79
White Belt
Joined: 07 May 2011
Posts: 55
|
| Post: #262 Posted: Fri Nov 04, 2011 2:55 pm Post subject: |
|
|
| buy at 5314
|
|
| Back to top |
|
|
Amigo
White Belt
Joined: 17 Jun 2011
Posts: 223
|
| Post: #263 Posted: Fri Nov 04, 2011 3:32 pm Post subject: |
|
|
| bye every body and thanks Mr. Parray
|
|
| Back to top |
|
|
parray
White Belt
Joined: 04 Oct 2010
Posts: 102
|
| Post: #264 Posted: Fri Nov 04, 2011 3:40 pm Post subject: |
|
|
thanks it is not a loss day. small profit happy go lucky.
rahul and parva, please read the thread u will find answers to your queries.
Have a nice weekend.
|
|
| Back to top |
|
|
yesogna
White Belt
Joined: 01 Jul 2010
Posts: 8
|
| Post: #265 Posted: Fri Nov 04, 2011 4:31 pm Post subject: Charts for 04/11/2011 |
|
|
Charts for 04/11/2011
| Description: |
|
| Filesize: |
114.08 KB |
| Viewed: |
388 Time(s) |
|
|
|
| Back to top |
|
|
amolvpatankar
White Belt
Joined: 23 Jun 2011
Posts: 104
|
| Post: #266 Posted: Fri Nov 04, 2011 4:57 pm Post subject: Re: Charts for 04/11/2011 |
|
|
| yesogna wrote: | | Charts for 04/11/2011 |
Can you please let me know whether you are waiting till the fourth candle after DMA has given crossover..as told by Mr. PARRAY..?
if yes, then, the points gain would be much lesser than what you have shown in chart..
awaiting your reply
|
|
| Back to top |
|
|
rameshkg
White Belt
Joined: 13 Dec 2008
Posts: 15
|
| Post: #267 Posted: Fri Nov 04, 2011 5:34 pm Post subject: Excellent & Simplest Strategy |
|
|
Dear Parray,
You have given an excellent & simplest strategy for Ichart
followers. I gone through the entire thread & appreciate
your good work & followup every day.
People who followed this simple system could earn decent
money.
I have three questions for you..
1) Howlong are you trading with this system and what is your average
return of per month ?
2) I found there are 2/3 candles diff (3 min) in cross-over between
back testing data chart and real data time chart.... is it true?
3) Have you tested this system with Option Charts, will this work
for Options also?
4) Can we carryover the position to next day based on end of the
day's signal? (or) is there any other way to take decision about
carrying to next day
Thanks in advance your reply.
Regards,
Ramesh kannan G
|
|
| Back to top |
|
|
Amigo
White Belt
Joined: 17 Jun 2011
Posts: 223
|
| Post: #268 Posted: Fri Nov 04, 2011 8:02 pm Post subject: Re: Charts for 04/11/2011 |
|
|
| yesogna wrote: | | Charts for 04/11/2011 |
My trades are totally different..
Trade 1>> long @ 5331 > reverse @ 5336 = + 5
Trade 2>> short @ 5336 > reverse @ 5321= +15
Trade 3>> long @ 5321 till 3.27 i.e 5318 = + 3
Hence total points generated by he system = 23 - brokerage
Though i could not take these entries as described . my gain was much lesser. I request fellow traders who have been trading this method to kindly correct me if i am wrong.
Amigo
|
|
| Back to top |
|
|
veerappan
Expert
Joined: 19 Dec 2007
Posts: 3680
|
| Post: #269 Posted: Fri Nov 04, 2011 8:20 pm Post subject: Re: Excellent & Simplest Strategy |
|
|
| rameshkg wrote: | Dear Parray,
You have given an excellent & simplest strategy for Ichart
followers. I gone through the entire thread & appreciate
your good work & followup every day.
People who followed [this] simple system could earn decent
money....with discipline ... with conscious with awareness with alive...
I have three questions for you..
1) Howlong are you trading with this system and what is your average
return of per month ?
2) I found there are 2/3 candles diff (3 min) in cross-over between
back testing data chart and real data time chart.... is it true?
3) Have you tested this system with Option Charts, will this work
for Options also?
4) Can we carryover the position to next day based on end of the
day's signal? (or) is there any other way to take decision about
carrying to next day
Thanks in advance your reply.
Regards,
Ramesh kannan G |
|
|
| Back to top |
|
|
rameshkg
White Belt
Joined: 13 Dec 2008
Posts: 15
|
| Post: #270 Posted: Sat Nov 05, 2011 3:08 pm Post subject: Re: Excellent & Simplest Strategy |
|
|
| veerappan wrote: | | rameshkg wrote: | Dear Parray,
You have given an excellent & simplest strategy for Ichart
followers. I gone through the entire thread & appreciate
your good work & followup every day.
People who followed [this] simple system could earn decent
money....with discipline ... with conscious with awareness with alive...
I have three questions for you..
1) Howlong are you trading with this system and what is your average
return of per month ?
2) I found there are 2/3 candles diff (3 min) in cross-over between
back testing data chart and real data time chart.... is it true?
3) Have you tested this system with Option Charts, will this work
for Options also?
4) Can we carryover the position to next day based on end of the
day's signal? (or) is there any other way to take decision about
carrying to next day
Thanks in advance your reply.
Regards,
Ramesh kannan G |
|
Its True. Simple system doesn't require Fibonacci, Dow theory & Elliot wave (Wave1, Wave 5c and 2b??  )..etc. Just go along with Market, be always with the Market. Personally I feel, daily Icharts level with this system will give more insights. Nothing more required.
By the way I'm expecting for Mr. Parray's reply on my queries...
|
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
