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SP Day Trading Strategy(+1,000 points pm) |
druzva
White Belt
Joined: 26 Oct 2010
Posts: 47
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Post: #31  Posted: Sun Oct 16, 2011 9:47 pm Post subject: |
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Hey Shankar thanks for this thread and keeps the good work going. Keep posting such gorilla war fare tactic and ignoring criticism. 3-4 tf is always fast and furious. And, hence will always give whipsaw, keep practicing  |
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parray
White Belt
Joined: 04 Oct 2010
Posts: 102
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| Post: #32 Posted: Wed Oct 19, 2011 4:09 pm Post subject: |
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Which time frame to use 2 mnt or 3mnt or 4 mnt ?
a) 2 mnt TF 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 9.5 or 10 am.
b) 3 or 4 mnt tf is good when frist 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.
As observed EMA3 (15) and SMA3 (45) is quite stable without any doubt we can use the same for good results.
Dru: strategy is as as good as 15mnt tf . you can mint money for sure.
Wish you all good luck who is believing in it and i pray for all those who is still struggling god may help them with better strategy.
Cheers..
Shanker Parray. |
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solanki
White Belt
Joined: 12 Feb 2007
Posts: 155
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| Post: #33 Posted: Wed Oct 19, 2011 8:03 pm Post subject: |
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| ok |
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amolvpatankar
White Belt
Joined: 23 Jun 2011
Posts: 104
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| Post: #34 Posted: Wed Oct 19, 2011 9:57 pm Post subject: Re: SP Day Trading Strategy(+1,000 points pm) |
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| parray wrote: | Subject strategy is quite simple user no need to be an expert in Technical Analysis. In this strategy you need to focus only on DMA and SMA 45 lines in 3 or 4 minute tf without any candles.
Process:
Set up
1) Select J-Charts (Premium)
2) Select Nifty 1 Month
3) Select 3 or 4 mnt TF
4) Select colour panel
5) Select white colour for first three candles (price, Bullish and Bearish) with this set up u will not see any candles in charts and this helps you to stick to single indicator and you will not react to fast changing candles.
Entry and Exit:
6) When DMA crosses SMA45 line from down side to upside then go LONG (Buy) or line moves from upside to down then go SHORT (sell) and use the same principle to to exit long or short (Check the attached chart to understand the process better and DMA set up lines)
3 minutes tf gives an average 3 to 5 calls in 4 minuests 2 to 3 calls depending on risk appetite you can chose the time frame.
Wish you all good luck.
Shanker Parray |
Dear Parray, can you please let me know how to use your system on ODIN. I do not have icharts.
Thanks in advance and wish you the very best for inventing new strategy and helping others. |
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DEVIKAUSR
White Belt
Joined: 08 Mar 2010
Posts: 92
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| Post: #35 Posted: Thu Oct 20, 2011 7:22 am Post subject: sub of DMA |
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Shanker Parray
sir,
i am new to this forum i am tarding through sharekhan .
my problem is the chart of sharekhan does not have dma.
sir is there sub for dma.
pl let me know.
thanks
regards
kaushik |
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kamal.icharts
Site Admin
Joined: 10 Apr 2013
Posts: 576
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| Post: #36 Posted: Thu Oct 20, 2011 9:29 am Post subject: Re: sub of DMA |
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Dear Member,
DMA is available in iCharts. You can take the PREMIUM subscription to avail the benefits of DMA. 
Regards,
Kamal. |
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kamal.icharts
Site Admin
Joined: 10 Apr 2013
Posts: 576
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| Post: #37 Posted: Thu Oct 20, 2011 9:31 am Post subject: Re: SP Day Trading Strategy(+1,000 points pm) |
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If you dont have subscription of iCharts, then this is the golden chance to subscribe 
 in advance.
| amolvpatankar wrote: |
Dear Parray, can you please let me know how to use your system on ODIN. I do not have icharts.
Thanks in advance and wish you the very best for inventing new strategy and helping others. |
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parray
White Belt
Joined: 04 Oct 2010
Posts: 102
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| Post: #38 Posted: Thu Oct 20, 2011 9:36 am Post subject: |
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| Short at 9.30 and using 3 mnt tf. |
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amolvpatankar
White Belt
Joined: 23 Jun 2011
Posts: 104
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| Post: #39 Posted: Thu Oct 20, 2011 9:51 am Post subject: |
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| parray wrote: | | Short at 9.30 and using 3 mnt tf. |
Dear PARRAY,
kindly mention the rate at which u have gone short or long so that members can also track back the things. |
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parray
White Belt
Joined: 04 Oct 2010
Posts: 102
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| Post: #40 Posted: Thu Oct 20, 2011 1:20 pm Post subject: |
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| buy at 5050 |
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amolvpatankar
White Belt
Joined: 23 Jun 2011
Posts: 104
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| Post: #41 Posted: Thu Oct 20, 2011 3:02 pm Post subject: |
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| parray wrote: | | buy at 5050 |
AWESOME...  |
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parray
White Belt
Joined: 04 Oct 2010
Posts: 102
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| Post: #42 Posted: Thu Oct 20, 2011 3:31 pm Post subject: |
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+90 points..
Hope everybody had excellent day..
Cheers.. |
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amolvpatankar
White Belt
Joined: 23 Jun 2011
Posts: 104
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| Post: #43 Posted: Thu Oct 20, 2011 3:38 pm Post subject: |
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| parray wrote: | +90 points..
Hope everybody had excellent day..
Cheers.. |
Dear PARRAY,
today was really fantastic.
My sincere suggestion to you..please mention when the buy or sell signal is generated..at least for a few days. so that all members will get confident and strategy will have proofs in black and white
Thanks as always. |
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SAKLECHA
White Belt
Joined: 26 Jan 2010
Posts: 333
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| Post: #44 Posted: Thu Oct 20, 2011 6:09 pm Post subject: |
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HAI
Last edited by SAKLECHA on Thu Oct 20, 2011 6:15 pm; edited 1 time in total |
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SAKLECHA
White Belt
Joined: 26 Jan 2010
Posts: 333
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| Post: #45 Posted: Thu Oct 20, 2011 6:13 pm Post subject: |
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DEAR PARRAY,
THANKS FOR POSTING THE STRATEGY.I HAD BEEN WATCHING YOUR STRATEGY...............I WAS NOT ABLE TO MAKE OUT WHEN TO GIVE ENTRY..........ONE MORE DOUBT IS WHAT TO DO WHEN BOTH THE LINE ARE TOGETHER & FLAT FOR QUITE SOMETIME.........IT WILL BE HELPFUL IF YOU PLEASE GIVE TODAY'S ENTRY POINTS IN WHICH YOU GOT 90+ POINTS.......
THANKS & REGARDS
NIRMAL SAKLECHA |
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