My daytrading

[rishiraj2]

hi raghav,

Starting this exercise of posting my paper trades as per the method taught by you...please corret the wrong trades and let me know if i have missed any trade. sorry for being too enthusiastic but itz not my fault you have pumped in this energy in me...Thanks a ton for that i am really thankful to you.

Posting last 3 days trades in nifty as per the system....i have taken help of 30 min stoch. divergence and marked trades accordingly in 5 min with the help of price action and stoch. divergence

5 min :-

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30 min:-(ignore arrows)

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Thanks in advance

 

[Raghavacc]

hi raghav,

Starting this exercise of posting my paper trades as per the method taught by you...please corret the wrong trades and let me know if i have missed any trade. sorry for being too enthusiastic but itz not my fault you have pumped in this energy in me...Thanks a ton for that i am really thankful to you.

Posting last 3 days trades in nifty as per the system....i have taken help of 30 min stoch. divergence and marked trades accordingly in 5 min with the help of price action and stoch. divergence

Hi Rishiraj,

I am very much happy to see your enthusiasm.From the charts above,its apparent that you have grasped most of the things that I narrated. What all you require is unrelented effort.You should not let this energy/enthusiasm to die despite of failures/negativity/critics and your surroundings.Thats what takes you a long way in this trading arena.

If you don't mistake me ,I would suggest that you post the charts on a daily basis on my other thread "Friends talk on my day trading " so that the mentioned thread also adds value .Who knows, may be in a span of 6 months or one year you may be the one who will be spearheading that thread. .I may not be able to visit that thread on a daily basis. However whenever I have time ,I will definitely make contributions from my end.

 

[Raghavacc]

Friends,
Since the broadband connectivity of mine is not in order,I will post 6th July and 7th July Price action by tomorrow.
--------------------------------------------------------------------- One of our little friend has sent a PM to me saying that he is keenly waiting fro the PDF and that will really help him in getting more confidence.Fair enough...

To keep every one updated , I am replying here.

I have earlier kept a deadline of Aug 15th as the deadline for the PDF file.But today looking at the progress from my end I feel I would have mentioned as Aug 15, 2012 .

If you ask me I am the first one who is keen on getting that PDF ready at the possible earliest.

The constraints are ,I work for 6 days now a days .Then on top of that my commitments have grown significantly over last 2 months.As I have conveyed earlier for the sake of PDF I do not want to come with a use and throw material. It has to have quality at any cost.No compromise on that.!!

Now I am left with 2 options.

1. To completely stop writing here and thereby using the same time for preparing PDF.

2.Making use of all of your service.The problem in this option is, I can ask for a help from your end to an extent.Over and above that there is lot of work needed from my end.Under this option I am thinking of various permutations and combination's.Let me think over and comeback to you in 4-5 days time.

 

[rishiraj2]

Hi Rishiraj,

I am very much happy to see your enthusiasm.From the charts above,its apparent that you have grasped most of the things that I narrated. What all you require is unrelented effort.You should not let this energy/enthusiasm to die despite of failures/negativity/critics and your surroundings.Thats what takes you a long way in this trading arena.

If you don't mistake me ,I would suggest that you post the charts on a daily basis on my other thread "Friends talk on my day trading " so that the mentioned thread also adds value .Who knows, may be in a span of 6 months or one year you may be the one who will be spearheading that thread. .I may not be able to visit that thread on a daily basis. However whenever I have time ,I will definitely make contributions from my end.

Thanks raghav for your kind words and encouragement...i will surely post my trades in "friends talk on my daytrading".....but do check my trades there as i am a beginner need your help initially on every step.

 

[adityasaraf007]

Okay guys........ Here's the Updated PDF and Word Files..........

The files have been updated till the first 500 posts of this thread...... Took me more than 2 hours to upload both of them....... At last.......

With regards,
Aditya

 

[Raghavacc]

The rule is "A resistance broken next support and a support broken next resistance".

As per the above rule,The "HIGH OF THE DARK CLOUD WAS RESISTANCE " and its been broken yesterday now should become support.

Lets observe this.

 

[Raghavacc]

Yesterday's chart with classical way of trading the market. I have not used oscillator to make the size of the chart more bigger thereby make it more visible

Pink=entry
Red= Stop/SAR
Green = Trailing stop/profit
Blue = Adds
Sky blue= Exit

 

[Raghavacc]

Indeed our theory failed but trades made profit.

I have marked a place at 5700 ads window.That was a gap and that should be the zone of high of Dark cloud which would have acted as support. The window shows that bears were strong at that point on this day and price slided further.
For a highly conservative trader there was a single trade today(break of neck).
half of the good work done by bulls yesterday was undone by bhalloo's on the last day of the week.

For a 30 min IB trader there were 3 trades .Being conservative , we assume that 2 of them were small losers.However the 3rd one with an add was a big winner.

IB continues to make us beleive that it has great potential as a trading tool.
Kindly make use of oscillators as may be appropriate along with what I have mentioned.

 

[Raghavacc]

Okay guys........ Here's the Updated PDF and Word Files..........

The files have been updated till the first 500 posts of this thread...... Took me more than 2 hours to upload both of them....... At last.......

With regards,
Aditya

We all should be thankful as well as grateful to Aditya as he has taken up this job as his own and has been doing it wonderfully.

Keep going Aditya.................

 

[Raghavacc]

I will cover the remote price action of 6th July by next week beginning as I will be away for next 2 days....

From price action perspective, I will also show you when to anticipate a retest and when to anticipate a rally.