In Search of a system that need no chart no TA/FA

This type of system In This world


  • Total voters
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Gaur_Krishna

Well-Known Member
Dear RR & Karthikji,

So that means, if we are going LONG in case of GAP UP (that is above the high of today's first 5 min candle) then the SL is same candle's low and if we are going SHORT in case of GAP DOWN then the SL is high of yesterday's 3.30 pm candle.

Correct?

Thanks RRji for guiding me to this thread....:)
High/Low of that candle...means high low of 3.30pm candle. If u refer to my chart which i have posted earlier u can see the marking of red & green.
 

anilnegi

Well-Known Member
Quote:
Originally Posted by karthik_sri
Sure...we will discuss this here...please wait for 2-3 days i will be moving out of station on official tour.


SARKARI NAUKRI HAI KA:rofl::rofl::rofl::rofl::rofl::rofl:
 

anilnegi

Well-Known Member
Dear RR & Karthikji,

So that means, if we are going LONG in case of GAP UP (that is above the high of today's first 5 min candle) then the SL is same candle's low and if we are going SHORT in case of GAP DOWN then the SL is high of yesterday's 3.30 pm candle.

Correct?

Thanks RRji for guiding me to this thread....:)


hi guru krishna

i hope you have great understanding of both strategy of karthik, if possible in your spare time brief both with marking of buy/sell in chart,

thanks in advance

anil

PM: presently i am using 315
 

Gaur_Krishna

Well-Known Member
Anilbahi, I am trying ....

Karthik spoke of 2 strategies : ATP & GAPS ! Only ATP is discussed at length.
RR has mastered it and is great fan of this :)

From my side, plz refer post #188 of this thread. Karthik has very clearly explained with chart and proper entries, SL & exit :thumb:

Regards,
Gaur_Krishna
hi guru krishna

i hope you have great understanding of both strategy of karthik, if possible in your spare time brief both with marking of buy/sell in chart,

thanks in advance

anil

PM: presently i am using 315
 

karthik_sri

Well-Known Member
Dear RR & Karthikji,

So that means, if we are going LONG in case of GAP UP (that is above the high of today's first 5 min candle) then the SL is same candle's low and if we are going SHORT in case of GAP DOWN then the SL is high of yesterday's 3.30 pm candle.

Correct?

Thanks RRji for guiding me to this thread....:)
Hi Gaur,
Please refer to the attached chart...this will answer your queries...

http://i.imgur.com/8pDrz.png
 

anup

Well-Known Member
@Karthik: first we should take average trading price of yesterday from nseindia.com and plot it on 15 mins chart for today.. If the candle closes above the ATP on 15 mins chart then buy, and SL would be the low of the candle .. but in cipla example why you didnt take first trade?...
 

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