1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures - Bac
- Thread starter healthraj
- Start date
- Tags many trades per-day(mtp) one trade per-day (otp) raj trading system trade with renko chart trade with saint flow
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -
Today our Big brother, US market is closed.
All the markets are trading the critical level Down Jones near 12850, UK 5780, S&P near 1405... So we will know the market direction by tomorrow or Monday. So I am still hopeful of a SHORT SELL. I have chose to trade with NIFTY Options in December Series so that even if the sell does not happen in November FandO cycle, it might happen in December.
Today our Big brother, US market is closed.
All the markets are trading the critical level Down Jones near 12850, UK 5780, S&P near 1405... So we will know the market direction by tomorrow or Monday. So I am still hopeful of a SHORT SELL. I have chose to trade with NIFTY Options in December Series so that even if the sell does not happen in November FandO cycle, it might happen in December.
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -
Hope you are new to this thread
"Buy / Sell" column - indicates whether to Buy or Sell
"Buy / Sell @" column - The Value at which to Buy or Sell - This is calculated from the Low and High Values and so it would work only when new High or Low is reached.
"Buy/Sell Action" - After a Buy or Sell Signal is generated this indicates whether you can enter the position or it is Too late. This is only for Fresh entry from Low or High
"Add more @" - As per the FLOW method, the value at which you can add more positions. This could also be used to enter new positions if you have missed from the initial Low or High
"More Action" - This will tell you whether to wait or whether you can enter for the "Add More @"...
Hope you are new to this thread
"Buy / Sell" column - indicates whether to Buy or Sell
"Buy / Sell @" column - The Value at which to Buy or Sell - This is calculated from the Low and High Values and so it would work only when new High or Low is reached.
"Buy/Sell Action" - After a Buy or Sell Signal is generated this indicates whether you can enter the position or it is Too late. This is only for Fresh entry from Low or High
"Add more @" - As per the FLOW method, the value at which you can add more positions. This could also be used to enter new positions if you have missed from the initial Low or High
"More Action" - This will tell you whether to wait or whether you can enter for the "Add More @"...
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -
Boss, it changes a lot , from buy @ 5634 to SELL @ 5628 then again buy @ 5240 ? then again sell and today it did not seems to make any sense
it even do not waits for SL to get HIT
am i missing something ? i read the full thread but still MTP does not seems to work ,please explain
Boss, it changes a lot , from buy @ 5634 to SELL @ 5628 then again buy @ 5240 ? then again sell and today it did not seems to make any sense
it even do not waits for SL to get HIT
am i missing something ? i read the full thread but still MTP does not seems to work ,please explain
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -
Rahul,
During the Volatile days, See the RENKO or FLOW charts, note down the Pivots and trade based on pivots... If you see the signal changing from Buy to Sell continuously, then switch to higher timeframe or avoid trading with that stock.
Rahul,
During the Volatile days, See the RENKO or FLOW charts, note down the Pivots and trade based on pivots... If you see the signal changing from Buy to Sell continuously, then switch to higher timeframe or avoid trading with that stock.
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -
Today was the BIG Day that I was talking about and it has come. Yesterday market made the top 5655. Today as per my analysis the market will make a low around 5630-5635 and go up and stay around 5655. And in the afternoon after Europe gives an indication, it will try to break 5655 and go up till 5665. And then the Fall might start. So safe traders trade above 5680 (LONG) and below 5610 (SHORT).
For those of you trading with Options it would be safe to try December Series because market might not sell offfully before this FandO series.
Note: My assumption here is that 5655 is the single Top and that it would make another top around 5655 before going down. But 5647 is another top then the market might have already made the double top. So those who are LONG trade with a Tight Stoploss
Today was the BIG Day that I was talking about and it has come. Yesterday market made the top 5655. Today as per my analysis the market will make a low around 5630-5635 and go up and stay around 5655. And in the afternoon after Europe gives an indication, it will try to break 5655 and go up till 5665. And then the Fall might start. So safe traders trade above 5680 (LONG) and below 5610 (SHORT).
For those of you trading with Options it would be safe to try December Series because market might not sell offfully before this FandO series.
Note: My assumption here is that 5655 is the single Top and that it would make another top around 5655 before going down. But 5647 is another top then the market might have already made the double top. So those who are LONG trade with a Tight Stoploss
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Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -
Yes it works only when the stock is Trending 20-25% and rangebound/volatile for the Rest 75-80%
This method does not work on all Indices and Stocks... Tried on INFY, ICICIBANK, AXIS BANK, HINDUNILVR and does not give good results...
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