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Re: Read Ny Blunderous Experience In Intraday
One of the best.Thks.![Big Grin :D :D](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
Yes.
Yes.
And screen experience comes from watching Kareena Kapoor in bikini in the silver screen.I know it.
If the TS is intelligent enough,he can figure out his faults by himself.Still if u are asking....
This forum is full of trading ideas...reading them,specially that of Saint,a newbie trader must have the idea of what is a 'trend'.Forget other good market-behaviour ideas of Market Profile(it's not a system,it's a concept) and it's beautiful idea of First hour range development by day traders and then taking over of the non-day traders(which include swing traders and investors alike),and using a bell curve to analyze market action...Just concentrate on the trend.Idea > to be with the trend.Take a 30 minute chart...trend was up that day in 30...5 minutes went up the day before.So what should be the trade direction as a newbie? Buy.Never short this high volume breakout...that's it,trail it with either ATR or swing low and keep booking 1/4th of profit with each 1% move up,untill it reduces to 25% of intial amount.Get out in profit at 3:25(if trail stop didn't trigger earlier).
This is the simplest of the strategies.But it's the start only,it can be made very profitable with high percentage winning if u mix the concepts of 'Range' and 'Value' of Market Profile.
If u need to find more on trend trading,u have to dig out on your own,don't expect a readymade system to handover to u...That's enough.Have a start now Sir.
Yes.
And screen experience comes from watching Kareena Kapoor in bikini in the silver screen.I know it.
If the TS is intelligent enough,he can figure out his faults by himself.Still if u are asking....
This forum is full of trading ideas...reading them,specially that of Saint,a newbie trader must have the idea of what is a 'trend'.Forget other good market-behaviour ideas of Market Profile(it's not a system,it's a concept) and it's beautiful idea of First hour range development by day traders and then taking over of the non-day traders(which include swing traders and investors alike),and using a bell curve to analyze market action...Just concentrate on the trend.Idea > to be with the trend.Take a 30 minute chart...trend was up that day in 30...5 minutes went up the day before.So what should be the trade direction as a newbie? Buy.Never short this high volume breakout...that's it,trail it with either ATR or swing low and keep booking 1/4th of profit with each 1% move up,untill it reduces to 25% of intial amount.Get out in profit at 3:25(if trail stop didn't trigger earlier).
This is the simplest of the strategies.But it's the start only,it can be made very profitable with high percentage winning if u mix the concepts of 'Range' and 'Value' of Market Profile.
If u need to find more on trend trading,u have to dig out on your own,don't expect a readymade system to handover to u...That's enough.Have a start now Sir.