1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures - Bac

[healthraj]

Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

raj ji its giving wrong support/resistance for every stocks. i think it taking same value for every stock

Which version are u using?

This is the levels that I am getting at 1:15 pm
I am using Excel 2007 with SP3, Windows 7,

Let us also take an example. Take SBIN it is showing 2160 as Resistance and 2108 as support.
Please go and check the 5min chart and you will get the same levels as BREAKOUT (Resistance) and BREAKDOWN (Support).

First of all Hope you are getting the same values as below

 

[dineshN]

Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Using Win 7 Ultimate and Excel 2010.

I get flow chart open when I clicked on Renko chart, I'd previously mention it, is there any solution to this?

 

[prabhsingh]

Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Raj

Till now it was being discussed to take 10 Min and 30 Min TF for taking any position.If both of them are giving same FLOW than take the position otherwise avoid it.Kindly can you tell what role 5 min TF plays here in latest excel sheet.I hope the fundamentals of this strategy i.e Pivots remains intact and nothing changes on that front.

 

[healthraj]

Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

can anyone give me gyan when to buy or when to sell using xcel. as im not able to understand all this TA things.

Please anyone make me understand in Layman language...pls pls

Regards
Narendra Mandravat

Narendra,

Please spend some time and understand the FLOW methods and pivots, Support, Resistance etc... Sorry to say... Trading is Serious business and not for lay people.

So you need to invest time and money and learn this serious art and science of trading. It would defintely take at least three years minimum for somebody to learn. You need to spend a lot of time. It is like learning to become a Doctor or a Professional. We take at least 4-5 years to graduate. Why would learning to trade be different and easy?

So I am actually surprised that somebody is not able to understand a simple tool, where it says

Buy @, Add more@, Stop loss, Target 1, Target 2, Resistance , Support, Current price, Profit...

What more do you expect from any tool for that matter?

 

[healthraj]

Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Raj

Till now it was being discussed to take 10 Min and 30 Min TF for taking any position.If both of them are giving same FLOW than take the position otherwise avoid it.Kindly can you tell what role 5 min TF plays here in latest excel sheet.I hope the fundamentals of this strategy i.e Pivots remains intact and nothing changes on that front.

5min TF is used for the following,
To get the Support and Resistance for the day.
In other words, in FLOW terms it is the MAJOR Pivot High and MAJOR PIVOT LOW in the 5 minute chart.

In the 5min chart you can see the same value as "BREAKOUT" and "BREAKDOWN". So those who are playing SAFE can take positions if it breaks those levels....

So 5 min TF is not used for anything else, unless somebody changes 10min TF to 5min TF for the PIVOTs

 

[narendra.mandravat]

Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Hi Raj

Just to my understanding on Excel today there is sell nifty at 5575 with SL 5592. Is this call was there few hours ago which activated as well n not stop loss hitted.

Just want to clarify whether i am understading the excel properly or not. pls suggest me if im right.

Regards
narendra

 

[acetraderon]

Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Which version are u using?

This is the levels that I am getting at 1:15 pm
I am using Excel 2007 with SP3, Windows 7,

Let us also take an example. Take SBIN it is showing 2160 as Resistance and 2108 as support.
Please go and check the 5min chart and you will get the same levels as BREAKOUT (Resistance) and BREAKDOWN (Support).

First of all Hope you are getting the same values as below

Let us also take an example. Take SBIN it is showing 2160 as Resistance and 2108 as support.
Please go and check the 5min chart and you will get the same levels as BREAKOUT (Resistance) and BREAKDOWN (Support).

First of all Hope you are getting the same values as below
Attached Images

Hi Raj

Can we build these kind of things for commodities and if so please instruct me how to go on

Thanks

acetrader.

 

[kajashareef]

Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

raj ji

ur exe link cant open
pls pls pls give me 2003 xls version

 

[healthraj]

Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Hi Raj

Just to my understanding on Excel today there is sell nifty at 5575 with SL 5592. Is this call was there few hours ago which activated as well n not stop loss hitted.

Just want to clarify whether i am understading the excel properly or not. pls suggest me if im right.

Regards
narendra

I did not trade with NIFTY today and So I cannot tell exact calls. But if you have followed the default setup, Then today due to GAPDOWN you should have seen I think 3 calls...

1. Due to GAP DOWN, you would have initially saw a SELL call till 14:10...
2. From 14:10 to 14:45 it was LONG Call
3. From 14:45 there was SHORT Call...

So If somebody had taken the first call I think it would have hit the stoploss.
Stoploss is not hit from the Second or the third call... But if you had a look at the Chart you would not have taken the call or you would have minimized the losses because the market NIFTY was in uptred from 9:50 AM

The moral of the story is that in days of GAPUPs or GAPDOWNs, Either switch to faster signals like (15 min instead of 30 min) OR do not trade for the frist half. Simple reason being, the Law of averages don't work...

But I am sure the second call and third call did not hit STOPLOSS....

 

[healthraj]

Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

raj ji

ur exe link cant open
pls pls pls give me 2003 xls version

Kajashareef,

The recent version does not work with excel 2003. The reason I have posted the EXE version. What is the problem with the EXE version.