Trading NR7 setup

[LondonVisitor]

Ok Guys, IF any body interested I will Continue my posting or else i think i should Stop my Posting.... ( I m not interested in Spaming Kind of things)

Please continue. Very useful. You are using good terminologies.

 

[raynor]

Friends, A book was written in earlier 1990s by a trader , the book was printed only one time... After the book was published, the author of the book became a more successful trader in trading commodity futures because of the knowledge earned while researching for that book... Then he asked the publishing house to not reprint the second edition of the book. Have you heard about that book... Anybody interested in that book....

 

[raynor]

price and (34 ema and 50 emas), have loves and fights. when price is close to 50 ema, they fight each other and then price slowly move away from 50 ema... when price is faraway, then price and 50 ema starts loving each other and the price slowly move towards the 50 ema until they hug each other...This drama happens always ...is not it funny?

 

[raynor]

I am Editing my posts often Because of my poor grammar....

 

[umeshmandal]

I am Editing my posts often Because of my poor grammar....

Grammar does not matter till you can convey what you wish to ! Please carry on.

 

[raynor]

NR7 stocks --- nifty stocks with ftures performance

https://www.dropbox.com/s/zz2t3wdnihvdpqq/HDFCBANK%202014-02-21%2018.05.07.png

https://www.dropbox.com/s/2r57b2typu9mn81/Ranbaxy%202014-02-21%2018.09.03.png

https://www.dropbox.com/s/sb4fyv56tyuwj63/Rcom%202014-02-21%2018.10.26.png

https://www.dropbox.com/s/l1g498cstqvvtme/TATASTEEL%202014-02-21%2018.11.44.png

https://www.dropbox.com/s/yk7egs6giorqauz/YES%20BANK%202014-02-21%2018.12.54.png


You can easily observe the movement in the price.... u could have used any indicator successfully in the expansion day and earned profit.... u could used ORB method also to get profit in the yesterday NR7 Stocks... As I already said all the indicators will work on expansion days.... use ur own set of indicators and check whether there could be profit or not....objective of NR7 is to predict the expansion days in early.... Though many stocks are in NR7 posted by brill, go with stocks that have high volume.

 

[umeshmandal]

Please write a few lines about the Images posted. What exactly are we trying to display?

 

[lokanathpai]

Friends, A book was written in earlier 1990s by a trader , the book was printed only one time... After the book was published, the author of the book became a more successful trader in trading commodity futures because of the knowledge earned while researching for that book... Then he asked the publishing house to not reprint the second edition of the book. Have you heard about that book... Anybody interested in that book....

whether name of this book revealed? If so, please give name of the book.

 

[raynor]

whether name of this book revealed? If so, please give name of the book.

the book name is toby crabels "Day Trading With Short Term Price Patterns and Opening Range Breakout. " It is not printed anymore... but u can google and find out.... Have to read the book twice to understand thoroughly....any queries regarding the book are welcome.....

 

[raynor]

ok todays trading booked loss. sold 300 of pnb stocks and booked a loss of 1000... never into longside...

Mistake: As a trader i should have a mindset and willing to trade in both ways.... but since i was having a mindset on shortside... i went short and paid the price for wrong mind set... hope i shall correct it from tomorrow....

Moral: Day traders must be willing to trade on eitherside... should not have frame set....