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Trading With Pivot Points |
ravionlinek White Belt
Joined: 11 Jun 2010 Posts: 97
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Post: #106 Posted: Thu Dec 02, 2010 9:56 am Post subject: |
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ok
will wait ....4 it
thanx |
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ConMan White Belt
Joined: 06 Aug 2008 Posts: 344
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Post: #107 Posted: Thu Dec 02, 2010 3:48 pm Post subject: |
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Hi Ravi
It was a red candle below PP ... generally try to avoid taking positions basis PP if we see a huge rally the previous day ...say 3%+ in stocks and 2%+ in Nifty .... next day can be a profit booking day ...
Lets wait for tomorrow |
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girishhu1 White Belt
Joined: 17 Aug 2009 Posts: 316
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Post: #108 Posted: Thu Dec 02, 2010 4:50 pm Post subject: |
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ChulbulPandey wrote: | Hi yawalkar
You see a small graph kind of option next to timeframe menu (daily/60mins/5min) ... in that please change the intraday setup to 25 days and then save the same by pressing 2nd button (floppy) on the left bottom |
hi cp ji,
it is observed that the pp/s1/r1 changes as per monthly/daily/weekly. ok fine but the values also change when we change no of days from 40 to 30 to 20 to 10 etc. and with 60m to 30m to 5m etc. t/f.how these values are to be corelated to derive maximum? kindly elaborate , pl.
regards,
girish |
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ConMan White Belt
Joined: 06 Aug 2008 Posts: 344
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Post: #109 Posted: Thu Dec 02, 2010 5:54 pm Post subject: |
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Dear Girish
For Monthly use EoD data
For weekly use 60mins data |
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Ravi_S Yellow Belt
Joined: 15 Jun 2009 Posts: 569
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Post: #110 Posted: Thu Dec 02, 2010 7:34 pm Post subject: |
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CP ji
I want to trade in commodities using PP... Please guide me... Ping you tonight....
Regards
Ravi |
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ravionlinek White Belt
Joined: 11 Jun 2010 Posts: 97
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Post: #111 Posted: Thu Dec 02, 2010 7:43 pm Post subject: |
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ChulbulPandey wrote: | Hi Ravi
It was a red candle below PP ... generally try to avoid taking positions basis PP if we see a huge rally the previous day ...say 3%+ in stocks and 2%+ in Nifty .... next day can be a profit booking day ...
Lets wait for tomorrow |
.............................................................................................................
ok
i didn't take position today lats see 2marroo |
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ConMan White Belt
Joined: 06 Aug 2008 Posts: 344
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Post: #112 Posted: Fri Dec 03, 2010 11:26 pm Post subject: |
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Hi Ravi
See it was good we avoided shorting yesterday ... today it closed kissing PP ... decisive move on Monday if our big man Nifty supports |
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ravionlinek White Belt
Joined: 11 Jun 2010 Posts: 97
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Post: #113 Posted: Fri Dec 03, 2010 11:42 pm Post subject: |
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ya nifty ka to support chaye he
aur vase bhi LT ko AAj Aur Ek Order mila...... |
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yawalkar White Belt
Joined: 02 Oct 2010 Posts: 58
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Post: #114 Posted: Sat Dec 04, 2010 8:12 am Post subject: |
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yawalkar wrote: | ChulbulPandey wrote: | Hi yawalkar
You see a small graph kind of option next to timeframe menu (daily/60mins/5min) ... in that please change the intraday setup to 25 days and then save the same by pressing 2nd button (floppy) on the left bottom |
Thanks a lot brother.. |
Hi cp,
i am unable to view pp, s1 & r1 lines on my chart. can you explain how to add it? |
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ConMan White Belt
Joined: 06 Aug 2008 Posts: 344
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Post: #115 Posted: Sun Dec 05, 2010 11:12 pm Post subject: |
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In jcharts ... Pl use the option Piv pts... Sub option can be weekly/monthly ot daily |
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ConMan White Belt
Joined: 06 Aug 2008 Posts: 344
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Post: #116 Posted: Tue Dec 07, 2010 9:50 am Post subject: |
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LT-1m took support at PP weekly (60mins) yesterday ... got 20 pts (20*125 = 2500) ... 2.5%
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amitkbaid1008 Yellow Belt
Joined: 04 Mar 2009 Posts: 540
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Post: #117 Posted: Tue Dec 07, 2010 8:14 pm Post subject: |
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Chulbul
Whats your call on NIFTY now??? |
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ConMan White Belt
Joined: 06 Aug 2008 Posts: 344
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Post: #118 Posted: Tue Dec 07, 2010 8:32 pm Post subject: |
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We have got 4 closes above PP mnthly ... the day we close above 6040 ... ill buy with my target of 5% i.e 100 pts |
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ConMan White Belt
Joined: 06 Aug 2008 Posts: 344
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Post: #119 Posted: Mon Dec 13, 2010 3:09 pm Post subject: |
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NF trading above weekly PP of 5906 ... will we see 6062 this weeek ...
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Kedarjd White Belt
Joined: 14 Sep 2010 Posts: 35
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Post: #120 Posted: Mon Dec 13, 2010 11:56 pm Post subject: |
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Thnx chulbul,Ravi,Kanna for your posts,Learned a lot. |
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