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The Simplest Way-750 Point PM |
nakum
Brown Belt
Joined: 10 Jan 2008
Posts: 2252
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Post: #1  Posted: Fri Dec 16, 2011 11:10 am Post subject: The Simplest Way-750 Point PM |
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Hello Friends
this strategy originated by Mr. Parry and modified by me
Set up
1) Select - J-Charts (Premium)
2) Select - Nifty ( Spot or Cash )
3) Select - 4 min. Time frame
Entry and Exit:
(A) When WMA10 crosses SMA45 line from down side to upside then go LONG (Buy)
(B) When WMA10 cross SMA45 from upside to down then go SHORT (sell)
(C) Use the same principle to to exit long or short
Take the entry around 9.30 am as per the previous signal. or new crossover
a) target 50 point or signal change whichever first
b) SL 25 point of your entry and trail them if nifty go positive side 25 point then SL at par and trail 25 point difference of high/low
c) when signal reverse no need to wait to SL trigger
Note- (1) trade avoid if nifty play 20-30 range and wait for breaking the range
(2) If signal come in nifty spot and not come in nifty future such condition do not trade
(3) It is purely day trading strategy. pls do not carry any position over night. if target not completed square up position before market closing 3.26 pm
+ All ICHARTS users give your suggestion
THANKS MR.PARRY
With regards
B.S.Nakum
Indore
Last edited by nakum on Tue Jan 03, 2012 3:47 pm; edited 8 times in total |
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nakum
Brown Belt
Joined: 10 Jan 2008
Posts: 2252
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| Post: #2 Posted: Fri Dec 16, 2011 11:20 am Post subject: |
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in this strategy i trade last 1 1/2 month
in nov. series give me 700 point in 52 trade
in dec. series give me 610 point in 53 trade till 15-12-2011 |
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Rahulsharmaat
Black Belt
Joined: 04 Nov 2009
Posts: 2766
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| Post: #3 Posted: Fri Dec 16, 2011 11:24 am Post subject: |
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Can u please forward any excel of these calls-- so that i can back test with chart--
as i am getting some other figures which are dismal |
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nakum
Brown Belt
Joined: 10 Jan 2008
Posts: 2252
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| Post: #4 Posted: Fri Dec 16, 2011 11:24 am Post subject: |
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Today's trade
bought @4795 @9.39 am
target for first signal 50 point or signal change |
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nakum
Brown Belt
Joined: 10 Jan 2008
Posts: 2252
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| Post: #5 Posted: Fri Dec 16, 2011 11:27 am Post subject: |
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| Rahulsharmaat wrote: | Can u please forward any excel of these calls-- so that i can back test with chart--
as i am getting some other figures which are dismal |
Dear Rahul
pichala dekhane se achha he live dekho |
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Rahulsharmaat
Black Belt
Joined: 04 Nov 2009
Posts: 2766
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| Post: #6 Posted: Fri Dec 16, 2011 11:29 am Post subject: |
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| Ok logic of buying at 4795-- today where as buy generated yesterday at 4709 |
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nakum
Brown Belt
Joined: 10 Jan 2008
Posts: 2252
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| Post: #7 Posted: Fri Dec 16, 2011 11:35 am Post subject: |
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| Rahulsharmaat wrote: | | Ok logic of buying at 4795-- today where as buy generated yesterday at 4709 |
Dear Rahul
as per the strategy take first entry after 9.30 am as per the previous day signal |
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udit101
White Belt
Joined: 11 Jun 2010
Posts: 16
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| Post: #8 Posted: Fri Dec 16, 2011 11:47 am Post subject: |
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| nakum wrote: | in this strategy i trade last 1 1/2 month
in nov. series give me 700 point in 52 trade
in dec. series give me 610 point in 53 trade till 15-12-2011 |
hi nakum ji
r u still following this straterg i think forexmoney has left this stratergy who was following this. how u deal with whipsaws. R the trades were real or paper trade |
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nakum
Brown Belt
Joined: 10 Jan 2008
Posts: 2252
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| Post: #9 Posted: Fri Dec 16, 2011 11:52 am Post subject: |
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| udit101 wrote: | | nakum wrote: | in this strategy i trade last 1 1/2 month
in nov. series give me 700 point in 52 trade
in dec. series give me 610 point in 53 trade till 15-12-2011 |
hi nakum ji
r u still following this straterg i think forexmoney has left this stratergy who was following this. how u deal with whipsaws. R the trades were real or paper trade |
Dear Udit
in dec. series all trade real trade & for whipsaws all modification needed |
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Rahulsharmaat
Black Belt
Joined: 04 Nov 2009
Posts: 2766
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| Post: #10 Posted: Fri Dec 16, 2011 11:52 am Post subject: |
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what is whipsaws---- 
its all associated with trading-- see end result--- why 100% full proof things people want |
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nakum
Brown Belt
Joined: 10 Jan 2008
Posts: 2252
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| Post: #11 Posted: Fri Dec 16, 2011 12:02 pm Post subject: |
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signal change for nifty @ 4800
bought @ 4795 & sold 4800 profit + 5 point
shorted @ 4800 |
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nakum
Brown Belt
Joined: 10 Jan 2008
Posts: 2252
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| Post: #12 Posted: Fri Dec 16, 2011 12:08 pm Post subject: |
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square up @ 4780
sold @ 4800 bought @ 4780 profit in second trade +20 point |
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solanki
White Belt
Joined: 12 Feb 2007
Posts: 155
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| Post: #13 Posted: Fri Dec 16, 2011 12:23 pm Post subject: Re: The Simplest Way-750 Point PM |
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nakum sirji
namasteji
intraday chart for nifty cash as per 3 mini TF wma 10 sma45
Last edited by solanki on Mon Dec 19, 2011 2:52 pm; edited 1 time in total |
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nakum
Brown Belt
Joined: 10 Jan 2008
Posts: 2252
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| Post: #14 Posted: Fri Dec 16, 2011 12:30 pm Post subject: Re: The Simplest Way-750 Point PM |
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| solanki wrote: | nakum sirji
namasteji
intraday chart for nifty cash as per 3 mini TF wma 10 sma45 |
Dear Solanki
pls see nifty future
maine kabhi nifty cash chart par trade nahi kiya hai. |
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nakum
Brown Belt
Joined: 10 Jan 2008
Posts: 2252
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| Post: #15 Posted: Fri Dec 16, 2011 12:59 pm Post subject: |
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| third trade bought @ 4819 |
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