Crudeoil Intradday Trades based on GANN Square 9 Strategy

[rh6996]

RH6996, Can you post an approx Profit in terms of point per lot in crude in June and July and also the number of trades done. Thanks. Also what brokerage firm do you trade with.

June gain was ~ 300 points
Upto
5th June : 5 sessions : Gain 13X10=130 & Loss: 2 trades 10+18=-18
8th June : 4 trades Gain 10 points Loss 34 points!
9th June : No trade
10th to 12th : Gain 11X10 = 110 & Loss 3 trades 27 points
upto19th: 5 sessions : Gain 8X10=80 & loss 1 trade 11 points
upto 30th 7 sessions : Gain 7X10=70 & loss 3 trades 18 points

Month June: Sessions: 25 No. of Trades : 52 trades Gain : 400 Loss : 108

 

[Sammy.Young]

Ankur, gann gave 9-10 points....was scary in the morning but finally worked....did u play ?

 

[umeshmandal]

Ankur, gann gave 9-10 points....was scary in the morning but finally worked....did u play ?

In this set up of trading Crude, what does the average SL comes to in terms of Points!?

 

[Sammy.Young]

around 15 points...but if u commit urself to play all levels till 11 pm, then u will sleep happily bro

 

[Sammy.Young]

June gain was ~ 300 points
Upto
5th June : 5 sessions : Gain 13X10=130 & Loss: 2 trades 10+18=-18
8th June : 4 trades Gain 10 points Loss 34 points!
9th June : No trade
10th to 12th : Gain 11X10 = 110 & Loss 3 trades 27 points
upto19th: 5 sessions : Gain 8X10=80 & loss 1 trade 11 points
upto 30th 7 sessions : Gain 7X10=70 & loss 3 trades 18 points

Month June: Sessions: 25 No. of Trades : 52 trades Gain : 400 Loss : 108

hi,

working nicely on 5 min tf as well...can u backtest...me also checking

 

[umeshmandal]

hi,

working nicely on 5 min tf as well...can u backtest...me also checking

When you said "scary", were you trading 5 min chart? With 15 point SL in 5 min. chart it shouldn't be?

 

[Sammy.Young]

When you said "scary", were you trading 5 min chart? With 15 point SL in 5 min. chart it shouldn't be?

i said scary for GANN levels for which chart is not required umesh bhai

 

[rh6996]

hi,

working nicely on 5 min tf as well...can u backtest...me also checking

S.Y, Yes, 5 min. works fine in my strategy too! Number of trades increase. I use 5 min. chart after a few days in the month when I have some profit in hand to cover my risk !

Just be patient and trade only when our 'conditions' are met! Shall try to post a chart in 5 min. too !

I am sure with proper discipline one can trade 5 min. chart though a bit taxing and I for one stop trading after my profit target is met as I also have other responsibilities too.

 

[hmp]

rh Sir.
As per your strategy you refer gann when candle touches upper or lower band right?You also mentioned that your target is ten points.In that case what is the need of gann since your target is also fixed? Pl. correct me if I am missing something.
Regards

 

[rh6996]

Sammy.Young, I am posting a crude 5 min chart of 1st June !
It is a 5 min chart with trades marked. Safe traders could have easily made ~70 points taking just 10 points profit per trade. More enterprising traders can surely make more but must have discipline!
Some candles have same open and close, when both are in upper half of the bar we take that as UP bar and if the open=close are in lower half we take that as Down close.

No Gann was used, one point filter was used while entering. The High or Low of the Signal bar was taken as SL !