Pride's Intra-Day Strategy [Profit Everyday]

[skr]

30 min Stoch chart is as follows

 

[metushar]

sorry skr, couldnt post the chart.....time ka thoda pain chal raha hai.....will try and post today midway...

I have shorted the second bar close today....short at 10.05 close....Squared off at 10.45 close = 15 points.

here is the chart for yesterday

 

[manojkch]

Hi Tushar, are u trading as per your own method taking basics from pride method ? because Pride has not suggested to take position before 10.30, I think. Please don't misunderstand me. I am just trying to learn and no intention to offend your trades / logic at all.

regards
Manoj

 

[skr]

Hello Tushar,
I will be thankful to you if you tell us about your entry & exit rules.
Don't you use 30min SK?
As per my chart during both of your long trades, 30min stoch was bearish.

SKR

 

[metushar]

Hello Tushar,
I will be thankful to you if you tell us about your entry & exit rules.
Don't you use 30min SK?
As per my chart during both of your long trades, 30min stoch was bearish.

SKR

SKR-

1. First trade was wrong as pointed out by manoj.
2. Second trade my chart was showing slightly bullish + Stoch was greater than 80 for long time more than 5 bars......thus long. Wouldnt have taken a short trade for the ssame reason.

 

[metushar]

Hi Tushar, are u trading as per your own method taking basics from pride method ? because Pride has not suggested to take position before 10.30, I think. Please don't misunderstand me. I am just trying to learn and no intention to offend your trades / logic at all.

regards
Manoj

Yes he has said not to take it.... but aggressively u can take it. Since I have backtested the system without taking this 10.30 thing into account, i am going by this only.

Thanks for pointing out Manoj. Will not take any offence on any feedback.

 

[metushar]

shorted at close of 11.40 bar.....4479 stops at 4492

 

[manojkch]

Short triggered at the close of 11.40 5 min bar. ( paper trade)

 

[manojkch]

Exit at stoch crossover 4483

 

[metushar]

Exit at stoch crossover 4483

No crossover happened manoj....saved by a whisker again...