Day trading - Intraday high Low almost predicted

[jaytrader]

mahindra formed low @ 683..did nt breakour low 681.2...signalling a upmove...

Target=691 +( low1(683) - low2) ------->699.4------(high almost reached)

 

[jxcess]

mahindra formed low @ 683..did nt breakour low 681.2...signalling a upmove...

Target=691 +( low1(683) - low2) ------->699.4------(high almost reached)

could you please explain this in detail?

 

[jaytrader]

could you please explain this in detail?

Mahindra opened below high1 , moved toward low1 , but did nt break it...

so our normal targets would be high1( 686)..then high2 ( 691)...

if my low is 675,my high would be 691
my new low now is 683..so new high would be?---------699.4

 

[jaytrader]

Bro,

better to trade for the levels..

Its easy n safe bet....:thumb:

 

[sid2012]

Frens,

i wont be available Monday...I try to post the levels if possibel..

All the best

You were to start trading from Mon, what happnd

 

[Kavipriya28]

Method explained:

Entry and Exit

Fill the Open price in the Open price cell. Condition 1:If price opens below low 1 , buy @ low 2 ( make sure price does nt break low 2) , if breaks very weak


Condition 2: If price opens above high 1 , short at or near High 2( Make sure price does nt break high 2) , if breaks very bullish



Condition 3: Some times price may form low @ Low 1 and raise upto High1 , if breaks then high 2


Condition 4: some time s price wont cross High1 , from there we can short for first target Low 1 , then low 2.





I will be happy to answer ur queries...but no one has provided comments or feedbacks

Where we need to enter the Open price to get the value of High and Low?

 

[sid2012]

Where we need to enter the Open price to get the value of High and Low?

Jay uploads an excel file at the start of everyday.
There u hav to enter the price to get values.
But since few days, he enters the values himself n posts thm:thumb:

 

[sholay]

Hi Friends ,

Please download the excel and enter the open value in the fields to get the intraday levels.

Todays stock - jsw , tech mahindra and bpcl

http://www.4shared.com/office/q2hVaNfA/Test_stock.html


I will be posting the values once market opens here.


Your comments and feedback will boost me.Thanks all 4 u support

File deleted. Repost it

 

[reachjj]

Bro,

better to trade for the levels..

Its easy n safe bet....:thumb:

Any trades for today Jaytrader?

 

[sid2012]

Hey Jay
missed u yesterdy. Although was not going to trade yesterday coz of RBI rate cut volatility expectation (which indeed took place) but still ur inputs become an additional indicators & lead it more towards perfection.
Hope to see u today.:thumb: