Backtesting and trading camarilla pivots

[razx5]

modify stoploss to 5658..

stoploss triggered..no more trades today as v have 2 losses

 

[razx5]

stoploss triggered..no more trades today as v have 2 losses

market had a madrush..60 points jump in 2mins..no technical or fundamental news happened..ha if v gone mong above L2 5672..v uld haqve avhieved our tgt 5715 H3 in 2 mins..still long only above H4 5740..v r not trading but..risky traders can take positions above H4

 

[razx5]

market had a madrush..60 points jump in 2mins..no technical or fundamental news happened..ha if v gone mong above L2 5672..v uld haqve avhieved our tgt 5715 H3 in 2 mins..still long only above H4 5740..v r not trading but..risky traders can take positions above H4

again if u had taken short below H2 5706..ur stoploss of H4 triggerd by now....it made low of 5690..cmp 5720

 

[razx5]

no trade till now..L4 5658 and H4 5778..cmp 5715..long above 5778..short below 5658..day low is 5683..day high 5717

 

[razx5]

today H4 5729..v went long above 5729..tgt1 5740.50..bkd hlf here..tgt2 5752..trailing stop to cost at 5929..made high of 5750.25..v wait..cmp mininifty 5743

 

[Nihilistic]

Dear Comrades,

Can I join you posting real time trades over here? The method is simple and very interesting.

Regards,

 

[SUMITBA]

If S4 and R3 coincide with a pivot low, S3 and R4 coincide with a pivot high, then you will find these formula-derived levels working really well.

Just for illustration - Study yesterday's chart and observe WHEN R3 3685 & S4 3626 worked.

Dear Sunil,

Could you please explain what you mean by "If S4 and R3 coincide with a pivot low, S3 and R4 coincide with a pivot high".What is pivot high/pivot low? How can it coincide with S4/R3. Explain with example.

 

[razx5]

Dear Sunil,

Could you please explain what you mean by "If S4 and R3 coincide with a pivot low, S3 and R4 coincide with a pivot high".What is pivot high/pivot low? How can it coincide with S4/R3. Explain with example.

dont trade between h3 and L3..my sincere advice..i lost heavy money by trading between these levels..even on trending days stoploss trigger..buy above L3..tgt of h3 hardly gets achieved even vice versa..so trade only breakouts..above H4 or below L4..its 99% accurate

 

[praveenpious]

Need an advice? Stop using camarilla if you wish to earn something via daytrading. Half of the population uses "modified" cams - even the real deal does not work properly, if you ask me.

However, I have noticed that the cams are highly effective in certain markets such as Forex.

 

[razx5]

Need an advice? Stop using camarilla if you wish to earn something via daytrading. Half of the population uses "modified" cams - even the real deal does not work properly, if you ask me.

However, I have noticed that the cams are highly effective in certain markets such as Forex.

modified camarilla?can u throw some light regarding this?i guess its the same...only long/short below H4/L4..v get tgts of h5 h6 and L5 L6..rt?