Trading according to Karthiks strategy..

Does ATP method is prfitable for your trade?

  • Yes

    Votes: 13 40.6%

  • No

    Votes: 3 9.4%

  • Not all the time

    Votes: 16 50.0%
  • Total voters
    32
  • Poll closed .
anup

anup

Well-Known Member
#441
#441
VJAY said:
Dear Karthik/anup,
are you wait for touch ATP value if 1st bar opened gap abv ATP value for entry?Or direct entry take abv that 1st bar (without touch ATP)?
Click to expand...
Karthik has defined how to play gap up in one of the threads, but I never tried gap up method.. I always wait for candle to touch atp... For the benefit of all, I will post gap up method later in the day .. But I am not sure about its success...
 
VJAY

VJAY

Well-Known Member
#442
#442
anup said:
Karthik has defined how to play gap up in one of the threads, but I never tried gap up method.. I always wait for candle to touch atp... For the benefit of all, I will post gap up method later in the day .. But I am not sure about its success...
Click to expand...
Thanks anup....thats other method....I asked for this method ...if we look todays charts many scrips opened abv ATR...i think many are taken trades too ...thats why I asked...IMO karthik not idicated it in this method ..

GAP strategy:
Strategy

1). The chart time frame is 5 min
2). We look for GAP in the previous day closing 5 min candle and current day opening candle. (e.g: 15/11/2012 3.30pm candle & 16/11/2012 9.15am or 9.20am candle)
3). Entry: If there is a GAP down we go short on the low of the first 5 min candle & vice versa on GAP up.
4). Exit: We can come out with minimum of Rs.5/- if we trade on highly traded scrips.
5). SL: The High/Low of previous day closing candle.
6). Important point to note: No trade on opposite direction

:)
 
anup

anup

Well-Known Member
#445
#445
Calls from thakker sir, Please trade at your own risk...

02/01/2013 Wednesday

Hi all,

Buy Sail above 93 for 98-100 SL 90

Buy BF Utilities between 346-350 Target between 365-375 Support between 338-334

The above stocks are like shooting stars, so bank the profits as quickly as u can
 
anup

anup

Well-Known Member
#446
#446
Hello, Anyone there???.... I think everybody is at office, even me too....We need to to focus on EOD method.. cannot trade intraday daily... But a hearty thanks to karthik for sharing his knowledge... Need your advice karthik
 
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