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

[praveen taneja]

bhai sab kuchh bik jayega is tarah se ? in english this time pls for me to understand ...

this mean I would be GREECE soonmean INSOLVENT

movement would be huge mostly around 1pm eu mkt open time

 

[stock72]

this mean I would be GREECE soonmean INSOLVENT

movement would be huge mostly around 1pm eu mkt open time

boss what iam saying is an example ... we can select our own entry and exit time with specific intervals .... ( intervals may be hours, days etc ) ...

 

[praveen taneja]

ohh ok ok then its my mistake so what u suggest can be starting time to be chosen as I trade max commodity nowadays and that open 10am to 11.55pm keep this in mind too and rate depend on USD/INR international news and many other factors

 

[karthik_sri]

Ohhhhhhhhh chart and TA/FA is not allowed bro

PT Bro,
Yes...we are dealing only with the Avg Price of the previous day and if the 15 min price candle/bar closes above the avg price u need to enter on the trade. But this is for Intraday only based on yday EOD avg price.

Yes NO TA/FA as u said....just playing price close above the close of previous Avg Price.

Cheers,
Karthik

 

[karthik_sri]

Bro sound interesting I trade in silver and gold nowadays max and for nifty only options.

let me clear what I understand by ur suggestion

like if at 10am rate(ATP) is 29050 for gold I should not it and after 15 mnts if it is 29080 I can go long with LOW as my sl is it right???

Bro,
Commodities i have not tested. But the method what i have said is based on the below.

Avg Price: Previous day Avg Price based on EOD (this u will get from NSE)
Trade Setup: Intraday not for positional and trade day is next day based on previous day Avg Price.

Hope clarifies...

Cheers,
Karthik

 

[praveen taneja]

Bro,
Commodities i have not tested. But the method what i have said is based on the below.

Avg Price: Previous day Avg Price based on EOD (this u will get from NSE)
Trade Setup: Intraday not for positional and trade day is next day based on previous day Avg Price.

Hope clarifies...

Cheers,
Karthik

so according to you if cmp is above lst dat ATP then buy and sl is some point down and vice versa???? AM I RIGHT

have to check on silver back tesing needed

 

[karthik_sri]

Yes...but 15min candle/bar should close over/below the ATP of yday. Then initiate the trade on the Low/High of that candle and stop loss is Low/High of the candle.

Hope clarifies. Will try to post some chart if u permit.

Cheers,
Karthik

 

[ethan hunt]

Yes...but 15min candle/bar should close over/below the ATP of yday. Then initiate the trade on the Low/High of that candle and stop loss is Low/High of the candle.

Hope clarifies. Will try to post some chart if u permit.

Cheers,
Karthik

2-4 example ho jatey toh ...

 

[praveen taneja]

Yes...but 15min candle/bar should close over/below the ATP of yday. Then initiate the trade on the Low/High of that candle and stop loss is Low/High of the candle.

Hope clarifies. Will try to post some chart if u permit.

Cheers,
Karthik

Pls bro post as soon as possible This is public forum for the benefit of all so nobody can give permission or stop except ST

 

[mech71]

Friends I am Damn serious I want a syatem that need no chart TA/FA no FIBO number etc but can give us some good return

Can someone throw somelight on this????????????????

Basically trading with TUKKA that give return no doubt but not enough so I can plan a good retired life after 70-80 years

Requirement is for a starting capital of Rs ONE LAC:thumb:

Brother , refer dheeraj's 2652 thread in equities-day trading section .It is a purely mechanical system of trading but with risk to reward ratio as 2:1. Here you require previous day's high and low. The day you trade, you need high and lows within first 15 minutes of a particular scrip. The success ratio is > 80% .