diary of a day trader

[TraderRavi]

Yeh gap par gap....to fill one gap ..another gap created........ab yeh GAP kab bharega..

 

[TraderRavi]

lagta hai party khatam............

http://www.bloomberg.com/news/2011-11-01/euro-holds-losses-on-bets-ecb-will-signal-rate-cuts-yen-erases-declines.html

 

[TraderRavi]

5161 toh touch karega...uske baad....

 

[letsgrownow]

5161 toh touch karega...uske baad....

Dear TraderRavi Ji,

1. In chart you have indicated 0% Value, 38%, 50% 61%, 100%, 127% and 161% and there corresponding values....
2. What are these values and what is a use of these values ???
3. How you have calculate these values ( Can you share formula to achieve these values ???)

Bhupesh

 

[TraderRavi]

Dear TraderRavi Ji,

1. In chart you have indicated 0% Value, 38%, 50% 61%, 100%, 127% and 161% and there corresponding values....
2. What are these values and what is a use of these values ???
3. How you have calculate these values ( Can you share formula to achieve these values ???)

Bhupesh

these values are fibonacci retracements drawn by amibroker (software)......

 

[letsgrownow]

these values are fibonacci retracements drawn by amibroker (software)......

Dear Sir,

Thanks...I checked it ...It is there...But how to trace these retracements ??? I mean what is a base of drawing these values...By choosing Fibonacci retracements option you can draw those levels any where on chart??? Then how you arrived on the point where you have drawn these levels...and got 100% value as 5161.9 and 0% as 4769 and so on ???

Probably a very immature query .... Sorry for the (silly) question...

Bhupesh

 

[TraderRavi]

Dear Sir,

Thanks...I checked it ...It is there...But how to trace these retracements ??? I mean what is a base of drawing these values...By choosing Fibonacci retracements option you can draw those levels any where on chart??? Then how you arrived on the point where you have drawn these levels...and got 100% value as 5161.9 and 0% as 4769 and so on ???

Probably a very immature query .... Sorry for the (silly) question...

Bhupesh

we have to find recent swing high and swing low , these are the values for 0% and 100% for downmove and viceversa for upmove....

 

[soft_trader]

Ravi Bhai,

Nifty Future (Nov) short karke faas gaya. Shorted @ 5228. Ab iss mahine mein yeh nifty 5220 pe aa sakte hain kya?

Which will be better? to exit @ current levels or to wait till 5220? Help karo bhai.....Plz...

 

[rananjay00007]

Ravi Bhai,

Nifty Future (Nov) short karke faas gaya. Shorted @ 5228. Ab iss mahine mein yeh nifty 5220 pe aa sakte hain kya?

Which will be better? to exit @ current levels or to wait till 5220? Help karo bhai.....Plz...

bhai agar mai hota to square off kar deta...... 5220 ka wait karte karte agar nifty 5500 par pahuch gaya to......who knows....

 

[TraderRavi]

Ravi Bhai,

Nifty Future (Nov) short karke faas gaya. Shorted @ 5228. Ab iss mahine mein yeh nifty 5220 pe aa sakte hain kya?

Which will be better? to exit @ current levels or to wait till 5220? Help karo bhai.....Plz...

Bhai ................kya kahun......paisa tumhara, loss profit bhi tumhara.....but mujhe lagta hai nifty giregi jarur.....