Pride's Intra-Day Strategy [Profit Everyday]

[kainiteh]

The 2.30 candle closed at 5186. According to Pride's strategy, you need to wait until the close of the candle to confirm crossover. So after 5186, how far did NF move?
Highest point reached after 2.30 candle was 5209.95
Are you talking about this long, or did you choose not to wait for candle to close to confirm crossover?

i am following exactly Pride setup,but with different value.

i am trading with modified stochastics Parameter,EMA and Level

of OverBought & OverSold

I'm trying to get better set of value for few selected scrip

today i get earlier signal for short and long,i'm very small

trader with 15k so i have only choice to trade in future is Minifty


so we both enter in different level thats why i didn't

quote my entry level!

Regards

 

[kainiteh]

Hi Linuxguy,
U r absolutely correct. I am trading with this system for the last 4 days. Experience is pathetic, to put it plain. Yes what you say is correct but after having couple of SLs triggered and having missed yesterdays rally from the sidelines i intentionally overlooked the 30 min chart. Had I followed the rules strictly this would have been...........................................

Hi Watcher,
Good to see that this thread live again!
I too newbie for trade and still in learning basics

this setup earn me return of 50% of my total captial
with in 15 trading days! you might saw my previous
post in this thread!

Yes,there is no ideal setup that make us profitable always .
consider this condition (last few days) are not suitable
for this method! But this is one of few setup which have
less SL

All the Best!

 

[shiree]

Shiree have you been using the 7,10,4 stochastics for some time.? For how long have you been using the settings and are the results markedly different.?
And do you use the settings for nifty futures?.

I have not used it much. The only difference I find with 7-10-4 stoch is that weaker trades get filtered out.

 

[linuxguy]

Hi Linuxguy,
Have you made money out of this strategy during the last fortnight?

I have only paper traded a couple of times hittin SL.

When the mkts were trending this strategy, like most strategies gave some returns to traders but now I think for this kind of mkt the strategy is redundant.

True. But I started learning day trading because the market's not trending!!!

The effort is important along with the genuineness rest we all know depends on the mkt.

Yes, newbies like me came to know about "Multiple time frame" and may be with some paper trading experience we will be able to get some profitable trades.

What I have observed is that in one 30 minutes candle, most of the action is over. So would it be beneficial to use the 15/10 minutes TF instead of 30 min?
I request the experienced traders to comment.
Thank you.

 

[linuxguy]

i am following exactly Pride setup,but with different value.

i am trading with modified stochastics Parameter,EMA and Level

of OverBought & OverSold

Would you please explain your setup with modified stoch in detail?

I'm trying to get better set of value for few selected scrip

today i get earlier signal for short and long,

Which scrips, please?

 

[linuxguy]

Guys this attachment has got virus"Ardamax"

Will only downloading this file infect my comp? The reason I want to download is I want to see if my antivirus catches it.
Thank you.

 

[linuxguy]

this setup earn me return of 50% of my total captial
with in 15 trading days!

:clapping:

But this is one of few setup which have less SL

Thank you for sharing your observation, coz this is the only intr-day set up i've studied until now.

 

[rajatheroyal]

Will only downloading this file infect my comp? The reason I want to download is I want to see if my antivirus catches it.
Thank you.

Ardamax is a keylogger.Means once u download the file it will automatically install into your system without your knowledge and then it will send the whatever you type in your system to the person who sent that file via email.Also snap shorts of what you are watching in your computer every 5 minutes or whatever interval set by the sender.But any antivirus can easily catch it .I personally use Adamax to spy others.

 

[kainiteh]

Would you please explain your setup with modified stoch in detail?
Which scrips, please?

Hi,
Setup Parameters still in Testing Phase instead of paper trading i put those

change in Real Time Trade with less volume to get result of "effect of change"

i am failed frequently with this,so i will let you know if i succeed :thumb:

Happy Christmas

Cheers

 

[linuxguy]

I personally use Adamax to spy others.

And btw, you arent replying on Yahoo messenger...????