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The Simplest Way-Take Own Dicision |
nakum
Brown Belt
Joined: 10 Jan 2008
Posts: 2252
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Post: #1  Posted: Mon Nov 21, 2011 8:10 pm Post subject: The Simplest Way-Take Own Dicision |
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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 9.25 am as per the previous signal. or new crossover
a) watch 9.20 atp gann level ( only for 9.25 am trade )
Avoid 9.25 am trade if opposite the gann level or signal
for example
i). If gann level say buy and our strategy say buy then quick enter
ii). If gann level say buy and our strategy say sell plz avoid this 9.25 trade
b) target for half qunt. 25 point and balance half qunt. SL at par & tgt 50 point or signal change whichever first
c) 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
d) when signal reverse no need to wait to SL trigger
Note- (1) trade avoid if nifty play 20-25 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 @ 3.25 pm
+ All ICHARTS users give your suggestion
THANKS MR.PARRY
With regards
B.S.Nakum
Indore
Last edited by nakum on Fri Jan 27, 2012 2:04 pm; edited 2 times in total |
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sonila
Brown Belt
Joined: 04 Jun 2009
Posts: 1786
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| Post: #2 Posted: Mon Nov 21, 2011 11:13 pm Post subject: |
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| v. good modification. |
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solanki
White Belt
Joined: 12 Feb 2007
Posts: 155
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| Post: #3 Posted: Tue Nov 22, 2011 8:51 am Post subject: Re: The Simplest Way-Take Own Dicision |
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| nakum wrote: | this strategy originated by Mr. Parry and modified by me
Set up
1) Select J-Charts (Premium)
2) Select Nifty-1m
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
at the market opening pls see carefully
a) 2 min Time Frame 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 9.50 am or new crossover first
b) 3 min tf is good when first 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. or new crossover first
c) target for half quantity.20 point and remaining half quantity. SL at par ( rate to rate ) and target 50 point or signal change (new crossover)
Note- (1) trade avoid if nifty play 20-30 range and wait for breaking the range
(2) It is purely day trading strategy. pls do not carry any position over night. if target not completed square up position before market closing 3.27 pm
+ All ICHARTS users give your suggestion
THANKS MR.PARRY
With regards
B.S.Nakum
Indore |
Last edited by solanki on Mon Jan 16, 2012 10:23 am; edited 1 time in total |
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nakum
Brown Belt
Joined: 10 Jan 2008
Posts: 2252
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| Post: #4 Posted: Tue Nov 22, 2011 9:23 am Post subject: |
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| nifty bought @4820 |
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solanki
White Belt
Joined: 12 Feb 2007
Posts: 155
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| Post: #5 Posted: Tue Nov 22, 2011 10:24 am Post subject: Re: The Simplest Way-Take Own Dicision |
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nse cash intraday chart all charts nse cash ema 3 rma 45 TF 3 mini macd fist rsi
Last edited by solanki on Mon Jan 16, 2012 10:22 am; edited 1 time in total |
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solanki
White Belt
Joined: 12 Feb 2007
Posts: 155
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| Post: #6 Posted: Tue Nov 22, 2011 10:36 am Post subject: Re: The Simplest Way-Take Own Dicision |
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nifty future dec call 4900 dec 4900 put dec
Last edited by solanki on Mon Jan 16, 2012 10:20 am; edited 1 time in total |
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nakum
Brown Belt
Joined: 10 Jan 2008
Posts: 2252
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| Post: #7 Posted: Tue Nov 22, 2011 10:45 am Post subject: |
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| book half quant. profit @ 4839.5 and remaining quant. SL at par |
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nakum
Brown Belt
Joined: 10 Jan 2008
Posts: 2252
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| Post: #8 Posted: Tue Nov 22, 2011 12:11 pm Post subject: |
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| remaining half qunt. at par SL trigger @4820 average profit of buy call 10 point |
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nakum
Brown Belt
Joined: 10 Jan 2008
Posts: 2252
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| Post: #9 Posted: Tue Nov 22, 2011 12:14 pm Post subject: |
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sold @ 4821
half qunt. profit book @4801 and remaining half qunt. SL at par |
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nakum
Brown Belt
Joined: 10 Jan 2008
Posts: 2252
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| Post: #10 Posted: Tue Nov 22, 2011 12:38 pm Post subject: |
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| remaining half qunt. at par sl trigger @4820 total profit of sell call 10 point |
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nakum
Brown Belt
Joined: 10 Jan 2008
Posts: 2252
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| Post: #11 Posted: Tue Nov 22, 2011 12:39 pm Post subject: |
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| bought @ 4823 |
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nakum
Brown Belt
Joined: 10 Jan 2008
Posts: 2252
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| Post: #12 Posted: Sun Jan 15, 2012 2:39 pm Post subject: |
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Jan. series profit/loss
30 Dec.- + 33 point
02 Jan. - + 29 point
03 Jan. - + 18 point
04 Jan. - - 6 point
05 Jan. - +10 point
06 Jan. - +66 point
09 Jan. +38 point in 2 trade
10 Jan. +36 point in 1 trade
11 Jan. -28 point in 5 trade
12 Jan. -50 point in 2 trade
13 Jan. +20 point in 3 trade
total profit of month
+ 166 point in 30 trade / 11 day's
due to IIP data and Inflation data 12 Jan 2 Full SL 25 point trigger next time avoid trade this day
yah SL nahi hota to 216 point hote
good luck |
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nakum
Brown Belt
Joined: 10 Jan 2008
Posts: 2252
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| Post: #13 Posted: Sun Jan 15, 2012 3:04 pm Post subject: |
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Hello Friends
HAPPY MAKAR SANKRANTI, HAPPY LOHARI, HAPPY PONGAL
today & after we discuss our strategy in this topic name
kuchh logo ko pichhale nam ke sath problem thi so i change the topic name
happy trading
good luck
with regards
B.S.Nakum
Indore |
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pkholla
Black Belt
Joined: 04 Nov 2010
Posts: 2890
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| Post: #14 Posted: Sun Jan 15, 2012 4:11 pm Post subject: |
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| nakum wrote: | Jan. series profit/loss
12 Jan. -50 point in 2 trade
total profit of month + 166 point in 30 trade / 11 day's
due to IIP data and Inflation data 12 Jan 2 Full SL 25 point trigger next time avoid trade this day yah SL nahi hota to 216 point hote
good luck |
nakum seth: you can consider tightening the SL on such days: IIP data, RBI CRR level announcement, inflation data.That is, after entry, if NF movement not there or likely to move against you, square off immediately. Regards, Prakash Holla |
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nakum
Brown Belt
Joined: 10 Jan 2008
Posts: 2252
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| Post: #15 Posted: Sun Jan 15, 2012 8:20 pm Post subject: |
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| pkholla wrote: | | nakum wrote: | Jan. series profit/loss
12 Jan. -50 point in 2 trade
total profit of month + 166 point in 30 trade / 11 day's
due to IIP data and Inflation data 12 Jan 2 Full SL 25 point trigger next time avoid trade this day yah SL nahi hota to 216 point hote
good luck |
nakum seth: you can consider tightening the SL on such days: IIP data, RBI CRR level announcement, inflation data.That is, after entry, if NF movement not there or likely to move against you, square off immediately. Regards, Prakash Holla |
Dear Prakash
thanks for this advise.aage se dyan rakhunga |
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