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The Power of Number 44 |
vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #46 Posted: Thu Feb 23, 2012 10:50 pm Post subject: |
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it's not 44 vinst. 11 1/4, 22 1/2, 33 3/4 have 45 or multiple of 45 as numerator. this is clearly because circle has 360 deg
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vinst Black Belt
Joined: 09 Jan 2007 Posts: 3303
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Post: #47 Posted: Thu Feb 23, 2012 11:00 pm Post subject: |
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vinay28 wrote: | it's not 44 vinst. 11 1/4, 22 1/2, 33 3/4 have 45 or multiple of 45 as numerator. this is clearly because circle has 360 deg |
true
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vinst Black Belt
Joined: 09 Jan 2007 Posts: 3303
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Post: #48 Posted: Thu Feb 23, 2012 11:01 pm Post subject: |
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rameshraja wrote: | Mr Sherbaaz
Please see the attached Xls sheet for Nifty 5600 PE of March, 2012.
If it closes above 220 in EOD, then you can expect 264 - 308.. As of now, 5600 PE is not in BUY mode. |
RR sir,
thanks for indirectly saying that next 44 level is preferred SL when larger tgts are to be looked at.
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rameshraja Expert
Joined: 24 Nov 2006 Posts: 1121
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Post: #49 Posted: Thu Feb 23, 2012 11:20 pm Post subject: |
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Mr Vinst
See the charts of Gann Harmonic Levels and Gann Swing Chart in 30MTF. Critical Level is 220.
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sairanga19 White Belt
Joined: 28 Nov 2009 Posts: 51
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Post: #50 Posted: Fri Feb 24, 2012 12:27 am Post subject: |
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dear ramesh raja, i have a question,dont mistake me as i m still learner,does really market requires so many strategies,u really believe to make money in market needs complex strategy ,some of fellow ichart traders make money in trading system which is more simpler then your stuff,all sucessesful traders say one thing techanical analysis is only 30 percent remaining 70 percent is money and trade management, so u are expert pls explain and help us which strategy u currentely using now, how u trade without emotions , your moneymanagement and trade management methods
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mrchan09 White Belt
Joined: 13 Sep 2011 Posts: 48
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Post: #51 Posted: Fri Feb 24, 2012 4:37 am Post subject: |
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Sairanga,
I guess you already have a strategy that works for you.
Don't mistake me. Just learn from this thread and forget about strategies for the time being.
W D Gann's work is exciting stuff. One should be always ready to understand it irrespective of the source it is coming from. Please don't miss any chart or worksheet that RR sir is sharing with us.
Regards,
Chandan
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rameshraja Expert
Joined: 24 Nov 2006 Posts: 1121
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Post: #52 Posted: Fri Feb 24, 2012 7:09 am Post subject: |
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Mr Sairanga
Are my strategies complex? If you feel that way, please avoid visiting my threads and stick to your own strategies. Each one in market, has their own way of trading with their strategy and I am the one who always believe in keeping the System simple.
I have only written four threads in icharts Forum under strategies.
1. Best tools for trading: Is it a complex system ? I was telling in the thread, with one's own eyes on chart a trade can be initiated using "Y" Axis scaling. Is it a tough strategy?
2. The second thread, showing how ichimoku can be used for Swing trading, is it complex ? Just click the indicator and you are into trade above and below the cloud. Is it complex strategy according to you ?
3. The third thread is about Fibonacci Series of Numbers as a supportive tool for charting Analysis. Is it also a complex strategy?
4. A new thread of "Power of Number 44", is it a complex one ? Just by seeing the figure in table itsef, we know where we are in the Trade ?
Probably my strategies seem to confuse you than others.. You follow what suits you and ignore my posts.
Best Wishes
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sherbaaz Yellow Belt
Joined: 27 May 2009 Posts: 543
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Post: #53 Posted: Fri Feb 24, 2012 7:59 am Post subject: |
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rameshraja wrote: | Mr Sherbaaz
Please see the attached Xls sheet for Nifty 5600 PE of March, 2012.
If it closes above 220 in EOD, then you can expect 264 - 308.. As of now, 5600 PE is not in BUY mode. |
RR Sir,
Thanks for replying. My problem with option trading is SL and TSL. For nifty I am following Spec swing trading method and instead of shorting nifty future I bought 5600 PE.
I am trying to use your 44 table for finding TSL. Other than Green numbers can we use rest of the nos as TSL once price cross the particular number.
Request your to please guide.
Regards,
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rameshraja Expert
Joined: 24 Nov 2006 Posts: 1121
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Post: #54 Posted: Fri Feb 24, 2012 8:14 am Post subject: |
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Mr Sherbaaz
Mr Spec has given the most efficient trading system with a huge strike rate. I advice you, stick to SL as per his methodology
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sairanga19 White Belt
Joined: 28 Nov 2009 Posts: 51
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Post: #55 Posted: Fri Feb 24, 2012 9:54 am Post subject: |
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dear ramesh raja,i m not confused,all sucessesfull traders says trade and money management is holy grail of market ,some of the most popular thread in icharts forum are based with mainly price actions and layman approch to market, ultimate indicator is price, all other indicators ,waves and ratios simply follow the price, all techanicals are proved by searching historical charts that suits particular indicators and other analysis, but profits can be made by ultimately and disciplinly following any indicator with good risk reward calculations,
while posting strategy please tell us about your entry, exit, stoploss, traiiling stoploss, when to exit when to book partial profit,how u deal and identifyl sideways market,when to scale out,when to trade aggressvly that will help lot to learning traders like me.
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stejasmehta White Belt
Joined: 13 Feb 2012 Posts: 11
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Post: #56 Posted: Tue Feb 28, 2012 8:04 pm Post subject: |
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Dear RameshRaja Sir,
What i have understood after watching the numbers mentioned in the file especially the GREEN Coloured numbers is that suppose a level of 176 which is broken on either side we go long & short accordingly.like wise for green coloured 220 88 .
Please correct me if i m wrong.
Kindly Reply
Tejas Mehta
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vinst Black Belt
Joined: 09 Jan 2007 Posts: 3303
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Post: #57 Posted: Wed Feb 29, 2012 7:48 pm Post subject: |
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Nifty 5500PE closed at 252 on 24-Feb thereby making SL as 176 on closing basis. It has stayed abv its SL as of today end-of -day.
watching it for '44' compliance !!
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stejasmehta White Belt
Joined: 13 Feb 2012 Posts: 11
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Post: #58 Posted: Wed Feb 29, 2012 8:00 pm Post subject: |
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Dear Vinst,
Next level is on the lower side220 & above 264 on upper side do we have to follow only Green coloured levels kindly answer if i m wrong because i m trying to understand the system
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vinst Black Belt
Joined: 09 Jan 2007 Posts: 3303
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Post: #59 Posted: Wed Feb 29, 2012 8:12 pm Post subject: |
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stejasmehta wrote: | Dear Vinst,
Next level is on the lower side220 & above 264 on upper side do we have to follow only Green coloured levels kindly answer if i m wrong because i m trying to understand the system |
Nifty 5500pE closed abv 220 but below 264. Therefore, Green number below 220 should be SL. This is 176.
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stejasmehta White Belt
Joined: 13 Feb 2012 Posts: 11
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Post: #60 Posted: Wed Feb 29, 2012 8:21 pm Post subject: |
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Dear Vinst ,
Then below green next level will be 209 which is black coloured can we use that as sl or we need to take 176 level which is green coloured ?
Actually i m very confused i dont know whether to use green coloured as sl if nifty options closes below green colour ?
Kindly help me
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