Intraday Trading with Gann

[ocil]

T2 Hit now....

T3 hit....Move TSL to T1

 

[dhanakvivek]

Just check out Vwap Levels..its more profitable today..
Buy at/above:5058.76
Targets:- 5074/91/5109/27. Stop loss:-5041
Sell at/below:5041
Targets:- 5025/5008/4990/4972/ stop loss:-5058.76

 

[ocil]

Just check out Vwap Levels..its more profitable today..
Buy at/above:5058.76
Targets:- 5074/91/5109/27. Stop loss:-5041
Sell at/below:5041
Targets:- 5025/5008/4990/4972/ stop loss:-5058.76

You have to stick with one rule Either use VWAP or LTP.

 

[dhanakvivek]

You have to stick with one rule Either use VWAP or LTP.

ok sir...i think mostly ltp is giving good results..i will stick to it.

 

[jcravindra]

How to proceed next?

 

[jcravindra]

I noted today's LTP at 09.29 as 5112.90 for Nifty - 1M and we should have Buy @ 5130.14 T1 5145.48 T2 5163.43 T3 5181.4 T4 5199.41 with SL 5112.2 5 And Sell 5112,25 T1 5096.93 T2 5079.1 T3 5061.21 T4 5043.52 with SL 5130.14 But it looks that Nifty is sideways. How to position yourself in this situation?

 

[ocil]

I noted today's LTP at 09.29 as 5112.90 for Nifty - 1M and we should have Buy @ 5130.14 T1 5145.48 T2 5163.43 T3 5181.4 T4 5199.41 with SL 5112.2 5 And Sell 5112,25 T1 5096.93 T2 5079.1 T3 5061.21 T4 5043.52 with SL 5130.14 But it looks that Nifty is sideways. How to position yourself in this situation?

Do not trade when any news in the market for safer side. Today in RBI news. No rule will work on that day. I am not available till next Monday. Will updated from 20sept onwards for Call. The calculation of Gann is wrong as per 5112 LTP. Pls check again.

 

[rammmeo]

Do not trade when any news in the market for safer side. Today in RBI news. No rule will work on that day. I am not available till next Monday. Will updated from 20sept onwards for Call. The calculation of Gann is wrong as per 5112 LTP. Pls check again.

ya totally right OCIL
we should not trade on such days
i think we should tell each other for this
that tomorrow there is any such event so either try not to trade or trade with safety

 

[Aloakdutt]

Dear Friends

Am new to Gann trading, request you to help me in understanding this and how to trade. My other question would be what if markets opens with a 30 to 50 points gap up or down? how would you take he reading for this. do you still wait for 9:29 VWAP or 9:29:59. which time do you take on either ?

ANother is what if market opens on previous day closing price and open and high is same price for current day?

I have been told that if open=high on market open to sell, anyway by the time i put the sell order i think it would be reversing up.

REquest your help are these valid in Gann way of trading.

Thanks and Regards
Alok Urs

 

[Aloakdutt]

And also how would you arrive what would be the entry and sl or sell and sl with targets on monday. For eg when i checked LTP was 5087 for nifty futures and VWAP is 5108.61. Spot closed at 5084.25

Awaiting your reply.

Thanks
Alok Urs