Manish Damani

[MANISH_DAMANI]

slowly post feb trade and march trade soon all the profits after putting them in excel from traderji.

 

[mkandasa]

Crude -
MFI-
Divergence:
The MFI has set a new 14-day low while the security price has not. This is a bearish divergence.
RSI-
Failure Swings (also known as support or resistance penetrations or breakouts):The RSI has just reached its lowest value in the last 14 period(s). This is bearish.

Divergence:
The RSI has set a new 14-day low while the security price has not. This is a bearish divergence.
MACD-
Crossovers:

Currently the MACD is bearish since it is trading below its signal line.
The MACD crossed below its signal line 0 period(s) ago.
Since the MACD crossed its moving average, CRUDEOIL-1's price has decreased 0.000
And has ranged from a high of 5,130.000 to a low of 5,056.000

Bollinger Bands-
Bollinger Bands:
CRUDEOIL-1() has closed above bottom band by 36.4%.
Bollinger Bands are 54.2% wider than normal.
The large width of the bands suggest high volatility as compared to CRUDEOIL-1()'s normal range. Therefore, the probability of volatility decreasing and prices entering (or remaining in) a trading range has increased for the near-term. The bands have been in this wide range for 5 bars.The probability of prices consolidating into a less volatile trading range increases the longer the bands remain in this wide range.

PROBABILITY CALCULATOR :

Market being Evaluated = CRUDEOIL-1 Date: 4/5/2013

Asset Price : (Closing Price ) .............................. 5,087.00

Market Volatility :................................................ 21.41%

Number of Days :.............................................. 10

Upper Target :.................................................. 5,270.51

Lower Target :.................................................. 4,909.88

Probability of Finishing Above Upper Target :.... 15.87 %
or Below the Lower Target. ( If one Target Selected )

Probability of Finishing Below Upper Target :..... 84.13 %
or Above the Lower Target. ( If one Target Selected )

--------------------IF TWO TARGETS ARE SELECTED---------------------

Probability of Finishing Above Upper Target :.... 15.87 %

Probability of Finishing Below Lower Target :..... 15.87 %

Probability of Finishing between an Upper
and Lower Target : . ............................................68.27 %
(Trading Range , If you Bracket the Market )

Standard Deviation :.............................................1.0000
( Default is +1 , -1 Standard Deviation , 68% of all
Market Outcome happens between +1, -1)

Probability Percentages to use in Standard Deviation ( X ) Value .

1.645 = 95% ... 1.2815 = 90% ... 1 = 84.13% , .8417 = 80%

.6745 = 75% , .5245 = 70% , .3854 = 65% , .2534 = 60%

.1256 = 55% , .0251 = 51% , .0001 = 50%

Manish Bro,

Which tool gives you this probability calculation for winning/losing?

BTW, I have observed that you are too hurt by the haters of this thread/you. Please kindly ignore them. There are many of us like me who are following you sincerely for many days now. Thanks a lot for your contribution so far sir. Please carry on with your good work.

 

[MANISH_DAMANI]

Manish Bro,

Which tool gives you this probability calculation for winning/losing?

BTW, I have observed that you are too hurt by the haters of this thread/you. Please kindly ignore them. There are many of us like me who are following you sincerely for many days now. Thanks a lot for your contribution so far sir. Please carry on with your good work.

I am not afraid of them till my work is genuine.Actually I never mind critics but what happens somebody have requested you to help and after taking help when in overconfidence, greed and arrogance they forget about good relation and started abusing. I hate thins kind of people. Have I ever asked money from you or other members ?
Sir whatever knowledge I have given all on the thread and on few others thread from time to time. Some time with charts and some time like this. If you read the post then you will get many things I hope from my side.
Thanz for kind words I will try my level best to help all good people like you.I know you are right but I hate word like beggar because the person who asking money on street I never see them with that eye that they are beggar. They need help and If I and we have something we should help them.Helping human is not giving donation.
For my survival what I need to do I will do that till the path is not wrong and cheating somebody. I am not ashamed of that.

Sir probability calculator is in Ami formula collection. Take this just as reference. But maion studies are MAcd, Ema/Ma, RSI, CCI, IChimoku Kinko Hyo most important, Support/Resistance-pivot, normal, trend lines, Stocashtic, Heiken Ashi Candle stick, Patterns like triangles, wedge, W, M, double top, double bottoms etc. Harmonic patterns.
But as a starter or newbies use MACD, Stocashtic, Ema, Heiken AShi, Supp/Res, and patterns like W, double/triple top bottom.

So for all this many websites which can teach you. Go through that no need of me there. But as I told sixth sense is also important in judgement that come from hardwork and experience as I have no technology with me so that I could transfer mine to anyone.:lol:
Well all best to you sir. Trust me I am posting now a days for a people like you else now after seeing behavior of use and throw here my interest is not that much.In free who likes to defames after helping somebody without consideration.

 

[MANISH_DAMANI]

elliot wave is little subjective concept so no controversy it only view on nifty.
In weekly chart-
It is wave 3 impulse of correction then nifty will breaks 5548 decisively and goes upto 5365 (161.8% retracement of wave 1). If it is 3 wave correction then wave c impulse wave then correction over near 5548 and again bounce from here or new downside starts have to watched . As per envelop and kelter bands its lower band range is at 5530/5524. So seems wave c of correction technically as per. I might be wrong or right that time will tell.

Daily chart observation-
Seem wave 5 and need to retrace back upto 5754 max for 3 wave correction a,b,c. If trend revert from here then bearish then as said above some to this level. Sustaining below 5464 envelop band lower range dont seems feasible as of now and bounce aupto 5754 likely as per elliot wave principles upto my understanding.
Broader ranger for nifty is 5464-6039 in daily chart and 5530-6112 /6197 in weekly chart.
For going upside sustainability above 5670 (200 ema is important).

Due to political uncertainity sometimes market dont behaves on technicals. So these views are for normal market scenario. 5176 is weekly chart ema will be good support in worst case scenario. Below that market enter in primary bear trend.So let see time will tell.

 

[MANISH_DAMANI]

No cured for people blind from mind. Some people make some people as religion and same people when their motto not satisfy from their religion then throw them out from their life. Well nothing to do with it basic human nature. But as I have told I am also learning. In technicals now a days not get chanece to learn much but yes learning human nature here is really a great experience. Hippocracy, jealous, hoodwinking ,back stabbing in which I am little weaker. So before helping some body now I be more cautious so that in future same person not hoodwink me. Smart People learn from mistakes though I am not smart but enjoy learning and now really feeling without consideration help given is really injurious. Someone get anything else or not I dont know but free defamation he definitely get to whom one helped. Though its hurting but I still dont begged because there is no need to give explanation to those who are following use and throw policy.:thumb::lol:

 

[MANISH_DAMANI]

Silver also bounced but not much only 54900 and in range trading but sl not hit.

Hello Sir,
Silver SL hit yesderday itself.. Low made after ur call was 54600..not for fault finding..just sharing actual data as i am trading only in silver

Hi Friends..

Its time for me to give something back to the place where i have taken something for me..

My capatial is rs 10000.. I trade only in Silver Micro ..I never prefer margin exposure at all..

I will be posting my Live trades in Silver Micro starting from 1st March..

I trade only in the evening..( 6pm ~ 10.30 PM).

I trade more than 75% of success rate with minimum 1:2 (risk : Reward).

I am not here for making money from others and i am not tip providers or
some thing else....

Critisicm are mostly welcome ..BUT ONLY after one complete month of my trading...

your capital is 10,000 or 1lakh?

becoz i was confused and new to MCX.

and also afternoon today you told me i can start with 1000rs.

for example to buy SILVER13MARFUT CMP = 53590 , Last Traded Date : 28/02/2013 20:19:43

i shd have 53590 for qty = 1?


pls guide me.

Thanks

hi,
My investment is rs 10000 .. and I am trading silver micro..thats 1 kg contract...even silver micro trading u can do with 1k using intraday margin exposure .. for more details on silver contracts please refer MCXINDIA.com - products - silver..

there are SILVER - 30 KG , SILVERmini - 5 KG and silver micro - 1kg contratcs are avl in silver ..


Silver MICRO - margin required is around 3k..for every one point rise or fall, you will get 1 rs..for today trade u might profited around rs 335

Silver MINI - margin required is around 15k..for every one point rise or fall, you will get 5 rs..for today trade u might profited around rs 1800

Silver - margin required is around 100k..for every one point rise or fall, you will get 30 rs..for today trade u might profited around rs 10020..


hope i clarified your doubts..

I request you to google it for basic doubts and ask ur query thereafter...

Hello All,
I have completed one month of public trading log here at Traderji.
Now I would like to share some of overview about my style of trading.
This is to clarify few doubts or concerns who visited my thread ( about 10000 views in one month)
CAPATIAL REQUIEMENT
I have used rs 1,00,000 (1 lakhs) as my trading capital,
RISK/MONEY MANAGEMENT
For me, risk management means how much I can risk per trade and how many continuous trades can hit SL that I can be affordable so that still I am in trading business...
As you can see from my trades log, I used to risk rs 3000 to 4500 per trade..
For silver main lot trading I need only 30K using intraday exposure in RK Global, that means, even if my trades keep hitting 10 SL continuously, still I am in trading business, and I can place next order ..
(But my tested system will not give that much continues loss as you can see from my LOG.)
So I am ensuring that I have reasonable money management is in place.
ROI
Very important expectation from our traders is ROI, what I will get if I invest XXX amount?
For my ROI calculation, I consider hidden losses in my trades too..
1. Brokerage per trade – 8 points is MAX to MAX .. so far 12 trade in this month so total loss is 96 points..
2. Charting software – rs 2000 /month – thats around 70 points loss..
3. ODIN cost rs 299 – loss is around 10 points
4. Internet charges – airtel 3G data card – rs 750 per month ..loss is around 25 points..
I will minus sum of above 4 points from my cumulative profit/loss points, then calculate actual ROI for the month.
For example, my ROI for month of Mar’13 is as per below tables.

Total no Trade 14
Total Gain/Loss
Cumaltive profit/loss 1838
Brokerage -112
Airtel 3 G -25
Charting S/W -67
ODIN -10
Total profit/loss 1624
ROI 49%

Licensed fault finder of TJ truth now what his moral police will do?????:lol:
The moral police of Fault finder named me Crude beggar. He has problem that how I have earned rs 50000 in day. Why not I loosed more? So that his master could be more happy.His master can earn 300 points without calls to hide his loss for the day. Its like Congress Govt.:lol::lol::rofl:

 

[MANISH_DAMANI]

LOTS of speculation is happening on Saturday on Mcx in crude and metals too.
Nickel in Lme no big fall but at mcx rs 30 down and bounce again. Last Saturday all commodity shown huge volatility. What is happening on Saturday difficult to understand.

 

[MANISH_DAMANI]

Feburary trade logs at traderji-

date time commodity Time frame trade lots buy sell target sl profit booked Remarks
1/2/2013 12:15pm copper positional short 1 443 445 448 2000
4/2/2013 7:18pm crude intraday short 1 5135 5155 rs20-30 5185 2000
4/2/2013 9:21pm crude intraday short 1 5148 5161 rs10-15 5185 1300
4/2/2013 10:34pm crude intraday long 1 5141 5141 rs10-15 5133 0
5/2/2013 7:31pm crude intraday short 1 5141 5153 rs20-30 5185 1200
5/2/2013 8:37pm crude intraday short 1 5143 5155 rs10-15 5185 1200
6/2/2013 4:45pm crude intraday long 1 5118 5121 rs10-15 5110 300
6/2/2013 6:29pm crude intraday long 1 5085 5080 rs10-15 5080 -500
6/2/2013 6:33pm crude intraday long 1 5080 5076 rs10-15 5070 -400
6/2/2013 10:14pm crude intraday short 1 5138 5148 rs15-20 5161 1000
7/2/2013 4:08pm crude intraday short 1 5148 5170 rs25-30 5185 2200
7/2/2013 9:13pm crude intraday long 1 5146 5139 rs 10-15 5139 -700
7/2/2013 9:18pm crude intraday long 1 5139 5140 rs10-15 5131 100
7/2/2013 10:01pm crude intraday long 1 5133 5140 rs10-15 5121 700
8/2/2013 5:22pm crude intraday short 1 5133 5161 rs10-15 5166 800
8/2/2013 6:57pm crude intraday long 1 5150 5160 rs10-15 5145 1000
8/2/2013 7:44pm crude intraday short 1 5165 5165 rs10-15 5175 0
11/2/2013 3:28pm crude intraday short 1 5137 5146 rs5-10 5150 900
11/2/2013 5:39pm crude intraday short 1 5151 5147 rs10-15 5151 -400
11/2/2013 8:11pm crude intraday short 1 5150 5148 rs10-15 5160 -200
11/2/2013 8:11pm crude intraday long 1 5150 5164 rs10-15 5145 1400
11/2/2013 9:27pm crude intraday short 1 5175 5167 rs10-15 5175 -800
11/2/2013 9:38pm crude intraday short 1 5191 5185 rs10-15 5200 -600
11/2/2013 10:06pm crude intraday short 1 5210 5200 rs10-15 5210 -1000
11/2/2013 11:19pm crude positional short-positional 1 5250 5225 5200 5250 -2500
12/2/2013 5:09pm crude intraday short 1 5142 5250 rs10-15 5260 800
12/2/2013 6:45pm crude intraday short 1 5260 5256 rs10-15 5260 -400
12/2/2013 7:05pm crude intraday short 1 5260 5266 rs10-15 5275 600
12/2/2013 7:16pm crude intraday short 1 5256 5263 rs10-15 5271 700
12/2/2013 8:01pm crude intraday short 1 5251 5253 rs10-15 5260 200
12/2/2013 8:56pm crude intraday short 1 5251 5257 rs10-15 5265 600
12/2/2013 9:18pm crude intraday short 1 5246 5253 rs10-15 5261 700
12/2/2013 9:59pm crude intraday short 1 5238 5240 5200 5271 200
13/2/2013 6:05pm crude intraday short 1 5261 5266 rs20-30 5280 500
13/2/2013 7:58pm crude intraday short 1 5258 5270 rs20-30 5281 1200
13/2/2013 7:42pm crude intraday short 1 5258 5258 rs10-20 5273 0
13/2/2013 9:02pm crude intraday short 1 5238 5270 3200
13/2/2013 9:19pm crude intraday short 1 5240 5235 5040 -400
13/2/2013 9:31pm crude intraday short 1 5238 5242 5247 400
13/2/2013 10:00pm crude intraday short 1 5242 5247 5251 500
14/2/2013 7:04pm crude intraday long 1 5238 5236 5230 -200
14/2/2013 7:28pm crude intraday short 1 5240 5232 5247 -800
14/2/2013 7:53pm crude intraday short 1 5240 5245 rs10-15 5251 500
14/2/2013 8:08pm crude intraday short 1 5246 5243 rs10-15 5251 -300
14/2/2013 8:28pm crude intraday short 1 5250 5255 5271 500
18/2/2013 7:44pm crude intraday short 1 5196 5207 rs10-15 5215 1100
19/2/2013 5:00pm crude intraday long 1 5180 5181 rs20-30 5160 100
19/2/2013 5:22pm crude intraday long 1 5222 5232 rs20-30 5210 1000
19/2/2013 6:50pm crude intraday short 1 5246 5243 rs5-10 5246 -300
19/2/2013 7:01pm crude intraday short 1 5244 5249 5255 500
20/2/2013 10:04 AM crude intraday short 1 5250 5271 rs30-50 5290 2100
20/2/2013 10:04 AM crude 2-3 months short-positional 1 5041 5271 rs300-400 5381 23000
21/2/2013 5:07pm crude intraday long 1 5135 5153 rs25-30 5119 1800
21/2/2013 6:11pm crude intraday long 1 5128 5133 rs10-15 5119 500
21/2/2013 7:01pm crude intraday long 1 5134 5132 rs10-15 5119 -200
21/2/2013 7:20pm crude intraday short 1 5115 5130 5141 1500
21/2/2013 7:32pm crude intraday short 1 5117 5115 5090-5070 5125 -200
21/2/2013 8:11pm crude intraday long 1 5100 5096 5070 -400
21/2/2013 8:54pm copper intraday long 1 428.15 429.25 rs5-10 425 1100
22/2/2013 10:03am crude intraday long 1 5090 5060 rs20-30 5060 -3000
22/2/2013 5:10 PM crude intraday long 1 5068 5059 5100 5059 -900
22/2/2013 5:28pm copper intraday long 1 426.3 424.5 rs2-3 424.5 -1800
22/2/2013 7:33pm crude intraday long 1 5045 5060 1500
22/2/2013 7:51pm crude intraday long 1 5043 5053 5020 1000
22/2/2013 8:05pm crude intraday short 1 5045 5063 5070 1800
22/2/2013 8:24pm crude intraday long 1 5052 5060 5039 800
25/2/2013 4:58pm crude intraday short 1 5083 5093 rs20-30 5110 1000
25/2/2013 6:28pm crude intraday long 1 5083 5075 rs10-15 5075 -800
25/2/2013 6:43pm crude intraday long 1 5075 5077 rs5 200
25/2/2013 7:18pm crude intraday short 1 5077 5086 rs10 5090 900
25/2/2013 7:23pm crude intraday long 1 5076 7070 rs8-10 5070 -600
25/2/2013 7:31pm crude intraday long 1 5066 5067 rs15-20 5050 100
25/2/2013 7:33pm crude intraday long 1 5060 5067 5050 700
25/2/2013 7:42pm crude intraday long 1 5060 5063 5050 300
25/2/2013 8:09pm crude intraday long 1 5050 5063 5040 1300
25/2/2013 8:58pm crude intraday long 1 5038 5047 5019 900
25/2/2013 9:07pm crude intraday long 1 5037 5046 5030 900
26/2/2013 12:55pm crude intraday long 1 5116 5026 5110 1000
26/2/2013 5:04pm crude intraday long 1 5021 5023 rs10-15 5010 200
26/2/2013 6:31pm crude intraday short 1 5005 5025 rs20-30 5040 2000
27/2/2013 5:22pm crude intraday long 1 5020 5018 rs10-15 5010 -200
27/2/2013 5:58pm crude intraday long 1 5011 4990 rs20-30 4990 -2100
27/2/2013 6:09pm crude intraday long 1 5009 5017 5003 800
27/2/2013 6:40pm crude intraday long 1 5008 5008 5003 0
27/2/2013 7:01pm crude intraday long 1 4998 5003 4990 500
27/2/2013 7:42pm crude intraday long 1 4993 4988 4988 -500
27/2/2013 8:10pm crude intraday long 1 4996 5015 4980 1900
27/2/2013 9:01pm crude intraday long 1 5013 5030 4980 1700

88 58700


Total 88 lots traded- gross profit 58700. Brokerage approx rs6600. Net at traderji approx rs52100.

 

[MANISH_DAMANI]

slowly posting march trade log when get time.

 

[MANISH_DAMANI]

by trading shown here 1-2 lots. I am not exposing my personal profit as i dont want to show off. This I am posting for answering some people who has told me I crude beggar. And to that man who just say only brokerage covered from my trades. I have posted my 1 day actual trade then that fellow wetted in his nicker so check the timing. And no need to give explanation on these trades becuase those traded on the basis of posting knew that all trades are unbaised.