no one going to earn even single rupee day trading

Dear All respected Members,

First I thanks all the members who has given recognisation to my twick. This is not my theory but my observation of price chart how mvs are working how adx is working and how other indicatiors are working. I know Adx is strenght inidcatior but when you use with combination of mvs and stockistic or RSI it give better signals and we traders required that only we should not go by theory only we should also practical for new invenstions.

I am not using TT I am using Metastock but some new members who cant afford charges of RT data Sherkhan is better for them and I have tested this ADX combination with DI+- with Metastock and I m proud to say it is same and IF DI+- crossover above Adx line in sharekhan and Adx is above 25 I guarntee you will never miss the trend and you can achive your small target.

I am full time professional trader so I have very little time to answer your quiries but I am watching each and ever post if there is realy any requirement and members are confused then only I will share my little knowledge for guidance only members have to test there own.

For my trades I am using following combinations some combinations are working fine on some volitile stocks.

My request to members this setup is working fine on HDIL, DLF, ICICIBank, REL, Rcom, Nifty, Niftybees, Rnuka, Ster, Tatamotors. I this thease are the engough stocks to trade.

If you following the rules of abhi and TH and my twicks I think you will never loose the money in market but patience is required you will get less trades but that will prfitable.

Thanks and regards,
 
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Dear Rishi,

You have posted perfect immage only use stock 8,4,3 others are good. and you will see when EMS are paraller and there is cross over on all the indicators see how price is shifted their move. you can try this theory on any scrip but follow the rules you will get better results.

stockistics is only for filter but pay attention only on EMA crossover, ADX crossover and price is above 40 EMA thats all.

I once again thank mr. Abhi and TH and other memebrs who have put lot of observations on this theroy mine is only little contribution for helping the members.

I can post more chart for members sudty but I think there is limitation of attchments.
Thanks and regards
 
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Dear rishi

I think you are wrong today also this system has good result please check the following stocks.

DLF,JP,ICIc Bank, HDIL, HDFC, Rcom etc.

I will give step by step analysis of any stock you want to analyse.

Maruti Mane
 

Rkji

Well-Known Member
dear maruti

if u see my prev post you would come to know that i wasn' t using your strategy as i am a newbie trading on charts for the very first time.
so to start with i picked abhi' s 313 ema strategy on a 5 min chart.

i wanted to test drive this strategy on dena bank who' s very bullish these days. though i could get the .40 move after 3 ema crossed 13 ema & price went to 87.80 from 87.40 (pur prc) & was about to book profit, lights went
off :)


told my broker to place SL of 86.95 when the price was at 87.50...SL got triggered after sometime. i wish to testdrive 313 ema on 5 min & then 50 sma on 1 min & once i am advance enough after a month or so...your strategy as well.

i have resisted myself from having any fav scrips, but will try 313
on your given scrips. i would also love to try 313 on scrips given by savant sir as i succeeded on a prev occasion. that was without a chart & a good intraday trade.

i always prefer to buy a scrip below 100 in large qty for a small move ex:- if i catch the signal right, would love to buy 5000unitech at 87 & sell at 87.50 or keeping a TSL at 88..this way i do only one trade per day & i don' t wish to trade frequently as i am new to charts.

i wish to train my eyes in charts & only do 1 - 2 quality trades a day & i always keep strict SL' s.

our mkts most of the time traded mixed today & i have always logged off from the terminal when trend is not clear. for short % move mkt has to be in one direction, i believe...either uptrend or downtrend or else newbie like me could loose money.

regards,
rishi

Dear rishi

I think you are wrong today also this system has good result please check the following stocks.

DLF,JP,ICIc Bank, HDIL, HDFC, Rcom etc.

I will give step by step analysis of any stock you want to analyse.

Maruti Mane
 
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Dear rishi,

Let us analyse your favourit stock Dena bank please see immage

1, Dena bank has given bearish cross over on price chart as per 315 system @11.34 as well as Adx bearish cross over, but this is faluse signal I have told the golden rule our golden rule is price should be below 40 perod ema then only we take short position we should ignore such cross over.

2. Again dena bank has given bulish cross over at 12 hrs this is valid cross over becuase price is above 40 ema and our rule passed buy signal and we have achived our target.

3. Again dena bank has given bearish cross over at 13.44 hrs. price is below 40 ema and adx also given bearish cross over we have achived our target.

4. again dena bank has given bulish cross over at 15.05 but price is below 40 ema we should avoid this signal.

According to Abhis system you could get 4 trades but if you use golden filter 40 ema you will get only 2 trades and that is also profitable.

If you think this is good you can adopt the system other wise ignore it.

Thanks and regards.
 

abhiwhy

Well-Known Member
today was a rather rangebound market and lots of signals were being generated in most of the scripts yet there were scripts having lesser and acccurate no. of signals but if u backtest past 5 days u would find most of signals sucessful
her i m posting chart of bharti in 5 min time frame for last 5 days .



take a look .:clap:
 

abhiwhy

Well-Known Member
dear maruti

if u see my prev post you would come to know that i wasn' t using your strategy as i am a newbie trading on charts for the very first time.
so to start with i picked abhi' s 313 ema strategy on a 5 min chart.

i wanted to test drive this strategy on dena bank who' s very bullish these days. though i could get the .40 move after 3 ema crossed 13 ema & price went to 87.80 from 87.40 (pur prc) & was about to book profit, lights went
off :)


told my broker to place SL of 86.95 when the price was at 87.50...SL got triggered after sometime. i wish to testdrive 313 ema on 5 min & then 50 sma on 1 min & once i am advance enough after a month or so...your strategy as well.

i have resisted myself from having any fav scrips, but will try 313
on your given scrips. i would also love to try 313 on scrips given by savant sir as i succeeded on a prev occasion. that was without a chart & a good intraday trade.

i always prefer to buy a scrip below 100 in large qty for a small move ex:- if i catch the signal right, would love to buy 5000unitech at 87 & sell at 87.50 or keeping a TSL at 88..this way i do only one trade per day & i don' t wish to trade frequently as i am new to charts.

i wish to train my eyes in charts & only do 1 - 2 quality trades a day & i always keep strict SL' s.

our mkts most of the time traded mixed today & i have always logged off from the terminal when trend is not clear. for short % move mkt has to be in one direction, i believe...either uptrend or downtrend or else newbie like me could loose money.

regards,
rishi
i would like give one suggestion , please avoid scripts such as dena bank ifci hdil etc price less than 300 , these are very much volatile scripts and also scripts having price > 1500 because these are very less volatile .

best priced scripts falls between 400 - 1000
don't develop any perticular choice here , while using this technique , either u use 100 rupesse script or 1000 there is no difference in profit , because it is 0.50% so it will amount equal in both cases .

regards
abhi
 

abhiwhy

Well-Known Member
if wan use adx cross over technique then prefer scripts as prescribed above but if u want use 313 ,315 or 515 techniques best option is to trade costly shares or indices , it works best in case of nifty or minifty (being relatively stable )
 

abhiwhy

Well-Known Member
Dear All respected Members,

First I thanks all the members who has given recognisation to my twick. This is not my theory but my observation of price chart how mvs are working how adx is working and how other indicatiors are working. I know Adx is strenght inidcatior but when you use with combination of mvs and stockistic or RSI it give better signals and we traders required that only we should not go by theory only we should also practical for new invenstions.

I am not using TT I am using Metastock but some new members who cant afford charges of RT data Sherkhan is better for them and I have tested this ADX combination with DI+- with Metastock and I m proud to say it is same and IF DI+- crossover above Adx line in sharekhan and Adx is above 25 I guarntee you will never miss the trend and you can achive your small target.

I am full time professional trader so I have very little time to answer your quiries but I am watching each and ever post if there is realy any requirement and members are confused then only I will share my little knowledge for guidance only members have to test there own.

For my trades I am using following combinations some combinations are working fine on some volitile stocks.

My request to members this setup is working fine on HDIL, DLF, ICICIBank, REL, Rcom, Nifty, Niftybees, Rnuka, Ster, Tatamotors. I this thease are the engough stocks to trade.

If you following the rules of abhi and TH and my twicks I think you will never loose the money in market but patience is required you will get less trades but that will prfitable.

Thanks and regards,
dear maruti ,
i appreciate ur afforts for creating a filtering system for this technique but it is taking me into more confusion , can u please write an amibroker afl or create a meta expert of ur setup so that i and other members can backtest it on past data and on different scripts.

regards
abhi :thumb:
 

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