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SVKum's BB10 strategy |
sruthi_kulkrni White Belt
Joined: 06 Jun 2012 Posts: 48
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Post: #91 Posted: Sun Jul 08, 2012 8:07 pm Post subject: |
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hi all,
after sticking completely for only BB(10), i realised from all my trades that BB10 is a HOLY-GRAIL.(holy-grail is not which doubles the money for every trade......it is which consistently makes money with very very little S.L.)
after trading with BB i came to know where i made the mistakes which driven to s.l. hit.. am going to share with u all my failures and success and making the BB traders alert in tf(15) bb(10)
i think 2 to 3 successful trades r morethan enough for day..so i watch only specific stocks BHEL, TATAMOTORS, YESBANK, SESAGOA ..in this stocks we can see valid BB'S many times
1) the main force of BB lies in the SQUEEZE of the bands where most of the traders are ignoring the SQUEEZE..plz avoid the trades if there is no squeeze . no need to hurry market provide many oppurtunities
2)if a big candle forms at BB_10 b/0(e.g. tatamotors) then be alert bcoz it has very big s.l. that typical to bear
3)never adjust the s.l. as per our convenience... S.L. must be sma10
4)MACD must be considered as supportive indicator to avoid whipsaws
look to many strategies ..but stick to only one STRATEGY.."JACK OF ALL,KING OF NONE"..if v perfect in atleast 1 strategy then we can think of other strategies....
to enter the trade SQUEEZE is must and should....i think BB(10) is more than enough to make the big money if we practise it keenly...
plz focus this seven words letter SQUEEZE SQUEEZE SQUEEZE.. (am an intraday trader)
ALL THE BEST
all the INF above r my personal views so critics be away...waiting for the suggestions so that i can improve my knowledge more........
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sonila Brown Belt
Joined: 04 Jun 2009 Posts: 1786
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Post: #92 Posted: Sun Jul 08, 2012 11:07 pm Post subject: |
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Ur observations are going to help us lot. Many thnx. If u can post charts for few more days, than it will be of much more use. Thanx a lot again.
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sonila Brown Belt
Joined: 04 Jun 2009 Posts: 1786
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Post: #93 Posted: Mon Jul 09, 2012 12:45 pm Post subject: |
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Sruthi,
Any set up for today?
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shrigajanan White Belt
Joined: 02 May 2009 Posts: 12
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Post: #94 Posted: Mon Jul 09, 2012 2:37 pm Post subject: BB10 Philosophy |
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waiting for BB10 squeeze forces you to avoid the dull sideways market moves, plus markets always move from compression to expansion and then back to compression so BB10 entry after the squeeze helps you ride the momentum. Hats off to SVKum sir for explaining this strategy to fellow iChartians. Dhanyawad Sir!
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Apple. White Belt
Joined: 29 Sep 2011 Posts: 1
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Post: #95 Posted: Mon Jul 09, 2012 3:52 pm Post subject: |
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sonila wrote: | Sruthi,
Any set up for today? |
hello sonila i use only BB_10 setup for intraday .......u back-test the setup for 3-4 days as it is....u will grasp the grip to trade.....
ALL THE BEST
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rakpeds White Belt
Joined: 24 Jun 2012 Posts: 481
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Post: #96 Posted: Mon Jul 09, 2012 4:39 pm Post subject: |
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Apple. wrote: | sonila wrote: | Sruthi,
Any set up for today? |
hello sonila i use only BB_10 setup for intraday .......u back-test the setup for 3-4 days as it is....u will grasp the grip to trade.....
ALL THE BEST |
hi aple ji,
can u share the stocks and tf on which bb10 works for intraday..
thanks in advnce
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amitsaraf21 White Belt
Joined: 20 Feb 2009 Posts: 76
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Post: #97 Posted: Tue Jul 10, 2012 9:13 am Post subject: Some questions that i have |
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sruthi_kulkrni wrote: | hi all,
after sticking completely for only BB(10), i realised from all my trades that BB10 is a HOLY-GRAIL.(holy-grail is not which doubles the money for every trade......it is which consistently makes money with very very little S.L.)
after trading with BB i came to know where i made the mistakes which driven to s.l. hit.. am going to share with u all my failures and success and making the BB traders alert in tf(15) bb(10)
i think 2 to 3 successful trades r morethan enough for day..so i watch only specific stocks BHEL, TATAMOTORS, YESBANK, SESAGOA ..in this stocks we can see valid BB'S many times
1) the main force of BB lies in the SQUEEZE of the bands where most of the traders are ignoring the SQUEEZE..plz avoid the trades if there is no squeeze . no need to hurry market provide many oppurtunities
How do we define squeeze
2)if a big candle forms at BB_10 b/0(e.g. tatamotors) then be alert bcoz it has very big s.l. that typical to bear
how exactly do we handle this?
3)never adjust the s.l. as per our convenience... S.L. must be sma10
4)MACD must be considered as supportive indicator to avoid whipsaws
look to many strategies ..but stick to only one STRATEGY.."JACK OF ALL,KING OF NONE"..if v perfect in atleast 1 strategy then we can think of other strategies....
to enter the trade SQUEEZE is must and should....i think BB(10) is more than enough to make the big money if we practise it keenly...
plz focus this seven words letter SQUEEZE SQUEEZE SQUEEZE.. (am an intraday trader)
ALL THE BEST
all the INF above r my personal views so critics be away...waiting for the suggestions so that i can improve my knowledge more........ |
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prabit White Belt
Joined: 02 Jul 2009 Posts: 133
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Post: #98 Posted: Tue Jul 10, 2012 10:07 am Post subject: |
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Hi Sruthi,
thanks, pl advise how to identify squeeze, is it possible by intra-day scan in ichart?, pl provide details.
thanks again.
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chetan83 Brown Belt
Joined: 19 Feb 2010 Posts: 2036
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Post: #99 Posted: Tue Jul 10, 2012 1:21 pm Post subject: |
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Those who want to trade this SQUEEZE,.....
then check UNIPHOS 15 mins TF...
Sell below 122.20 CC or buy abv 123.4 CC......Target your wish....SL or SAR same as mentioned for buy and sell.
Moreover BULL R1 is acting as strong Resistance since last 2 hours, CMP - 122.40
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chetan83 Brown Belt
Joined: 19 Feb 2010 Posts: 2036
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Post: #100 Posted: Tue Jul 10, 2012 1:46 pm Post subject: |
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chetan83 wrote: | Those who want to trade this SQUEEZE,.....
then check UNIPHOS 15 mins TF...
Sell below 122.20 CC or buy abv 123.4 CC......Target your wish....SL or SAR same as mentioned for buy and sell.
Moreover BULL R1 is acting as strong Resistance since last 2 hours, CMP - 122.40 |
In last 15 min 1:30 - 1:45, UNIPHOS made low of 121.95 and closed at 122.25, so expect it to go down by at least a rupee...
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falcon White Belt
Joined: 17 Nov 2011 Posts: 211
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Post: #101 Posted: Tue Jul 10, 2012 1:54 pm Post subject: svkum's BB10 in IVRCLINFRA |
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Watch out for svkum's BB10 breakout in IVRCLINFRA
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chetan83 Brown Belt
Joined: 19 Feb 2010 Posts: 2036
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Post: #102 Posted: Tue Jul 10, 2012 2:17 pm Post subject: |
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chetan83 wrote: | chetan83 wrote: | Those who want to trade this SQUEEZE,.....
then check UNIPHOS 15 mins TF...
Sell below 122.20 CC or buy abv 123.4 CC......Target your wish....SL or SAR same as mentioned for buy and sell.
Moreover BULL R1 is acting as strong Resistance since last 2 hours, CMP - 122.40 |
In last 15 min 1:30 - 1:45, UNIPHOS made low of 121.95 and closed at 122.25, so expect it to go down by at least a rupee... |
Market has turned bullish ....lets see if it breaks 123.40 now
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jyothil White Belt
Joined: 26 Feb 2009 Posts: 299
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Post: #103 Posted: Tue Jul 10, 2012 2:38 pm Post subject: |
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Nifty BB10, 15 TF buy triggered abv 5335 now high made 5362
Am I correct?
G.Jyothi
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sonila Brown Belt
Joined: 04 Jun 2009 Posts: 1786
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Post: #104 Posted: Tue Jul 10, 2012 11:05 pm Post subject: |
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Chetan, what u r using ? Bb(10,1) or bb(10,2)
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sonila Brown Belt
Joined: 04 Jun 2009 Posts: 1786
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Post: #105 Posted: Tue Jul 10, 2012 11:05 pm Post subject: |
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Chetan, what u r using ? Bb(10,1) or bb(10,2)
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