Intraday Trading Using Gann Calculator

[razx5]

good..u can identify trend..according to it sell below 6084..buy above 6142.90//am i rt?

stoploss triggered..cant do anything when our buy triggers by only 1 point..sell was below 6103.60..it made low of 6102.10..

 

[bhaskar145]

good..u can identify trend..according to it sell below 6084..buy above 6142.90//am i rt?

Yes, if u take new H/L values, but i'm sticking to d 1st bar h/l values for d 1st trade. After 1st trade is trigerred, will recalculate using new values.

 

[bhaskar145]

stoploss triggered..cant do anything when our buy triggers by only 1 point..sell was below 6103.60..it made low of 6102.10..

That's why avoiding 1st 30mins. In one of d posts Savant sir advised to wait fr some time to check if that lvl is holding & then enter.

 

[razx5]

Yes, if u take new H/L values, but i'm sticking to d 1st bar h/l values for d 1st trade. After 1st trade is trigerred, will recalculate using new values.

that means still sell below 6103?

 

[bhaskar145]

that means still sell below 6103?

Sold @6101, coverd @6084

New low 6076, sell 6064.51

 

[razx5]

that means still sell below 6103?

1st trgt achived for u..me jus entered below 6084..

 

[bhaskar145]

1st trgt achived for u..me jus entered below 6084..

Went down upto 6066, what profit trgt r u keeping? It seems 16 to 18 points achievable immidiately if trade goes ur way.

 

[razx5]

1st trgt achived for u..me jus entered below 6084..

covered full at 6045.25..profit of 39 points

 

[razx5]

Sold @6101, coverd @6084

New low 6076, sell 6064.51

should have kept trailing stop for other lot..have an eye on index chart..index open bar low was 6106.80..so sell below was 6103..v cxan take corresponding positions in nifty future..stoploss was 6123..index made high of 6116.45 at 10.30..if i uld hv watched this my stoploss would not have triggered..i entered late and exited early..so its better to watch index chart rather than nifty future chart and take positions accordingly

 

[bhaskar145]

should have kept trailing stop for other lot..have an eye on index chart..index open bar low was 6106.80..so sell below was 6103..v cxan take corresponding positions in nifty future..stoploss was 6123..index made high of 6116.45 at 10.30..if i uld hv watched this my stoploss would not have triggered..i entered late and exited early..so its better to watch index chart rather than nifty future chart and take positions accordingly

Since I'm still testing the system, i'm trading mainly one lot MN so that d real money forces me to be in frnt of d screen all d time. I go for 2 lot when confidence increases, i.e. sorting on 12th. My main moto now is to check if gann works or not. Once I get confidence that it works more than 50% of time I'll start elaborating on d other areas.