Crudeoil Intradday Trades based on GANN Square 9 Strategy

[Sammy.Young]

LTP is most important....even 1 point difference is giving you opposite values....i don't like SLs..they demotivate me......and 2 SLs in a row simply forces me to shut down my system...i'm trying to understand how to avoid them

 

[arunnairs]

No i said that i have read some post of arun that if we take trade after 11 am.
but i am not sure about this. as you mostly see there are not much movement is morning

Sure, in those days if we enter gann level before 11.00 or 10.30 first SL will trigered. I have GANN levels of every day from 2013 August to till (except some days) and also in some months we will get the same levels 5 or more times.

 

[ankur07090]

Another buy call may be triggered @ 2783 but previous day high is 2785. somehow confused here...

 

[ankur07090]

Sure, in those days if we enter gann level before 11.00 or 10.30 first SL will trigered. I have GANN levels of every day from 2013 August to till (except some days) and also in some months we will get the same levels 5 or more times.

Arun as per your experience how much continuous SL hit in a single day per month...?

 

[umeshmandal]

While you people analyse the SL hits in the past, do observe if the trade is reversed at SL does it moves in opposite direction enough to cover the Loss in SL hit?!
I don't trade Crude, hence take my suggestion accordingly. I am planning to enter Crude trades but only between 7PM and close!

 

[ankur07090]

While you people analyse the SL hits in the past, do observe if the trade is reversed at SL does it moves in opposite direction enough to cover the Loss in SL hit?!
I don't trade Crude, hence take my suggestion accordingly. I am planning to enter Crude trades but only between 7PM and close!

Today its 2nd signal of buy hits SL(14 - 15 points loss)
taking care of ur observation lets see how it goes below 2768...

 

[Sammy.Young]

too much GANN is injurious to your account brother....take it easy. 10 points are enough with 1 lot.....increase lot size rather than attempting levels again and again throughout the day.

 

[umeshmandal]

Today its 2nd signal of buy hits SL(14 - 15 points loss)
taking care of ur observation lets see how it goes below 2768...

I have no experience but do keep in mind that Movements on Last day of a Contract may be different from its normal moves!
Also do observe if we can cover minimum 10 points on SL reversal ! I am confident that I will surely gain from you people's trades by the time I start trading ! :thumb:

 

[ankur07090]

I think it will be better to get out of market for that day if we get 1st target of 10 points. If SL hits then wait for another for the same 10 points. If its also hits SL then it would be better to close for the DAY.

 

[umeshmandal]

I think it will be better to get out of market for that day if we get 1st target of 10 points. If SL hits then wait for another for the same 10 points. If its also hits SL then it would be better to close for the DAY.

Are you talking about the LAST TRADING DAY??
May be we "take rest" to enjoy the success of the month on last day!

OR

Trade in next month's contract!