Patterns and Technicals

[pkamalesh]

Re: Trading only one hour in a day !!!!!

Yes sir..its the same time but yeah there is some difference in either time or there have been some adjustments....any ways this was only to explain things so dont bother much about that...when we are doing this on our screens we would all confirm the trend and a point to enter the trades...don worry

 

[pkamalesh]

Re: Trading only one hour in a day !!!!!

Pkamalesh sir,
Wow!!!

A heated discussion is goin on. I am jumping in here.
Anyways i read the method and its in my mind now , just one thing have u backtested this method or u told all members about it as soon as you invented it

If not backtested then we would have to do some paper trades here atleast 4-5 to win confidence.

Thanks for sharing the method

Hey cool boy...glad to see ya here..yes i just got this idea about 2 days back and im goin to back test it thoroughly...and i hope every one does it so that we have various inputs to this method...

and im not a sir....im only a couple of years elder to u dude...

 

[detrich]

Re: Trading only one hour in a day !!!!!

Dude im also a learner....and ive put up only some views of my plan here...im still working on it and i cant say that nifty will bounce to this level and here square off the longs and all..its all about an idea from one of our seniors...let us wait and watch what results this method would give...and yes..i would surely update the changes if any in the future posts....thanx a lot for all ur views and questions that would make more improvements in the method..

Boss I am not learner I am practitioner. I am not a great learner any method that does not give clear exits and entries believe me is not worth pursuing. As for Monday it will be positive opening so breath easy. This time it will work. But remeber this is not at all sure-fire method. Better take time and revisit some of the basics of technical analysis and you will find more useful information than here.

 

[coolboy007]

Re: Trading only one hour in a day !!!!!

Hey cool boy...glad to see ya here..yes i just got this idea about 2 days back and im goin to back test it thoroughly...and i hope every one does it so that we have various inputs to this method...

and im not a sir....im only a couple of years elder to u dude...

All rite Bro , thanks for giving the formula clearly. You know am bad at maths
What is good bout this method is that atleast i will get to trade as when the time i come home every1 goes away

Yes bro , we will backtest this method thoroughly though it looks good to me. Next week we will paper trade. My copy is ready.
Innovative mind you have , best of luck.

 

[coolboy007]

Re: Trading only one hour in a day !!!!!

Boss I am not learner I am practitioner. I am not a great learner any method that does not give clear exits and entries believe me is not worth pursuing. As for Monday it will be positive opening so breath easy. This time it will work. But remeber this is not at all sure-fire method. Better take time and revisit some of the basics of technical analysis and you will find more useful information than here.

I think he never said this is a surefire method. Regarding technical analysis , he has posted many charts in nifty fut thread and got 188 reps. so it speaks.
kammy did u say its sure shot method???
Lets use this method for atleast 1-2 week before commenting further.

 

[detrich]

Re: Trading only one hour in a day !!!!!

I think he never said this is a surefire method. Regarding technical analysis , he has posted many charts in nifty fut thread and got 188 reps. so it speaks.
kammy did u say its sure shot method???
Lets use this method for atleast 1-2 week before commenting further.

Dear Rajat,

I guess by now you should know that when I speak I say things when I am damn certain and what I feel is that he needs some lesson in analysis,irrespective of his past predictions. When you post a method here you make sure that it is sure-fire and backtested one to save time and effort of new users.

 

[coolboy007]

Re: Trading only one hour in a day !!!!!

Dear Rajat,

I guess by now you should know that when I speak I say things when I am damn certain and what I feel is that he needs some lesson in analysis,irrespective of his past predictions. When you post a method here you make sure that it is sure-fire and backtested one to save time and effort of new users.

Detrich ,

I never said he gave predictions , he posts charts which are quite helpful for every1.
Your point is right that he should have backtested but it wont do much harm if we backtest it together here and give him feedback. He has got yours and others will soon give their feedbacks.
Neways whats ur view on mkts for short term (weekly )?

 

[pkamalesh]

Re: Trading only one hour in a day !!!!!

Boss I am not learner I am practitioner. I am not a great learner any method that does not give clear exits and entries believe me is not worth pursuing. As for Monday it will be positive opening so breath easy. This time it will work. But remeber this is not at all sure-fire method. Better take time and revisit some of the basics of technical analysis and you will find more useful information than here.

Thanks for your advice....If any one gave a sure shot method we wouldnt be scratching our heads to know how the markets would behave....as far as my technicals are concerned im sure i do them well coz i learn from my seniors and i have full faith and confidence in them....so, if you want to backtest this method you can and you can give your feedback AFTER THAT.....As far as this method goes i never said that it is SURESHOT.....

 

[pkamalesh]

Re: Trading only one hour in a day !!!!!

All rite Bro , thanks for giving the formula clearly. You know am bad at maths
What is good bout this method is that atleast i will get to trade as when the time i come home every1 goes away

Yes bro , we will backtest this method thoroughly though it looks good to me. Next week we will paper trade. My copy is ready.
Innovative mind you have , best of luck.

Dude you know what...i was really looking for a method that would be useful for guys like us who go to college and thats why i found this one...lets hope for the best...

 

[coolboy007]

Re: Trading only one hour in a day !!!!!

Dude you know what...i was really looking for a method that would be useful for guys like us who go to college and thats why i found this one...lets hope for the best...

CLAPS CLAPS.

Bro , u kept that in mind while making this method, thanks a ton especially frm me. So tomorrow is the first day of backtesting.
Not every1 is sitting at home all day long.
Hoping for the best. Are we long frm friday or 2moro u will take positions acc to it.