Thursday, September 15, 2011
Retracement strategy, a must for traders.
Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...

-
I 'll always be there for you. To make you feel that you're secured. And even if the rain is pouring hard and the sky is almost dark...
-
5010-5039 supply zone proved a ST resistance. 5002 proved a break down point. 4945 to 4982 proved a corrective rise, monitored with an ...
-
Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...
80 comments:
banghead.
if taken long at 5037 then sar at 5017
if taken long at 5027 then sar at 5007
write 100 times
Ilango
Would welcome your views at this point
Nifty Futures at the middle of the range: CLICK HERE
@ vksoni
jnsar long triggered, but NIFTY is not able to sustain
above JNSAR.
Ilango sir kindly enlighten the situation....
thanks
Puzzles all the way :)
BN new high & 1% up
Hi Sir & friends...
Its been long time since i visited here...came to know about this messge on FB....Interesting
Lalit Kumar Lakhotia
Attn: Members of the Group
One gentleman "Ilango" (Breathing the market since 1992) is blogging since long under title (Just Nifty) and sharing his views. A school of followers are in his "online" tutorials.
A review of notes (taken from his tutorials) may be helpful to all of us.
Like · · Follow Post · 3 hours ago near Calcutta, India
3 people like this.
Sujeet Plz post the link
@cooldent,
This copy writing helps me(not for backest benchers) more, as I am a back bencher
@Ilango
in below is it possible that c still going on
can we label c as 12345?
if yes then are in 5th of c :)
http://2.bp.blogspot.com/-ThpLJ6y2O3U/TnGS-31DLpI/AAAAAAAAYGY/T5_mD46biv0/s1600/2.PNG
@ Cooldent,
We all get our doubts at difficult times. Reaffirming to ourselves our own belief is the only way.
@ Indus,
I am yet to see JNSAR whipsawing twice in a day. And if that happens we'll accept it & change our trade.
Lead indicator points to some upsides - both Hour & Day.
dear cooldent
good home work
regards
isthamus
@manish,
Trying to hit 5th of 5th to short ( 'holy grail' as beckman calls it ).
5051 or we have a 5th of 5th left. Fun stuff...
Ilango sir, now SAR 5017??
@ manish,
Yes., it is possible. "5040-5057" are the weekly parameters which need to be scaled and stayed above.(WEma/W.Pivot).
Sujeet
He is registered broker at CALCUTTA STOCK EXCHANGE
@Ilango
thx.
then 5045 was 61% of iii of c & 5090 100%
may be too much on waves :P
Is any positive news expected in RBI policy tomorrow. My broker has given buy calls in SBIN and ICICI bank!!!
DKG said...
Hi PT,
What is this www.elliotwaveindia.com ??
DKG
its where you left your comment
@ 6:29 AM yesterday :D
cooldent - lolz i will not write.. :)
Sujeet/DR - its showing how u people are "so smart" in "net" before somebody post "in Ilango's blog this sujatha is the one and only headache for everybody" i hv 2 stop my "blah blah" :D is it possible??
Satheesh - yeah, just spoke to Mr.Subba Rao he told me that he may not hike or the hike may be 0.25 Bps.. take ur decision now :)
@ satheesh mine broker also
DKG
My Weekend time pass is blog-walking :D
Can RBI follow:
http://www.ft.com/intl/cms/s/0/3ba99ed4-d432-11e0-9afc-00144feab49a.html#axzz1Y0exVqPA
DR Sir,
This was found at the Same link given by sujeet :)
@DKG
No Personal intentions in posting here
I am sorry sir, posted third party link here. Mistake is corrected now.
Momentum cycles are turning up, in hourly timeframes...
DR Sir,
thanks a lot
Reliance on fire...
@Sateesh
Can be a Foul play tooo for the HNI's to liquidate who got trapped at higher levels
BN JNSAR - 9640
Current BN - 9604
DKG
You made me M TV Bakra today
Lolzzzzzzzzzzzz
http://imageshack.us/photo/my-images/88/beid1.jpg/
Analyst - Call fire engines ..lolz
PT - while v r trading "thinking about some other news" or different thinking will spoil the "actual party"
personal experience. yeah not ruled out too. don't worry as much as it (index ) move fast we will get "big bears" let us catch :)
Sister levelz pLz
is there any 5093NF in ur counts?
@Ilango
gd
counted again for that 5th of c
5060-5125
5081 - monthly low EMA
5091 - monthly pivot
bn jnsar for 15/9/11 is 9618
Is buy the rumour and sell on news!!!
DR Sir,
ਬੜੇ ਮਜ਼ਾਕਿਯਾ ਹੋ ਤੁਸੀਂ ਤਾਂ !!
5073 - 61.8% retracement of fall from 5169-4910
DKG
Lolz once again
ਵੀਰ ਜੀ
ਹੱਸੋ ਖੇਲੋ ਮੋਜ੍ਜਾ ਕਰੋ
ਕੀ ਲੀ ਜਾਣਾ ਇਸ ਦੁਨਿਯਾ ਤੂ
ਮੈ ਸੜਕੀ ਜਾਵਾ ਏਕ ਪੰਜਾਬੀ ਤੇ ਮਿਲਯਾ ਮਾਦ੍ਰਸਿਯਾ ਦੀ ਬਲੋਗ ਤੇ
Still anyone have doubts about jnsar success?
DR-ji - what i mentioned yesterday night in mail valid for 2morow too (too greedy??!!) not but holding 5200 call frm yesterday (expiry bonus??) no idea but will get down somewhere where i comfortable
ਦਿਨੇਸ਼ ਵੀਰ ਜੀ,
ਬੈੰਕ ਨਿਫਟੀ ਖਰੀਦ ਸਕਦਾ ਹਾਂ? ਸਟੋਪ ਲੋਸ ਕੀ ਹੋਵੇ ਗਾ?
Guys ONGC ipo to begin next week.Markets cant fall, who will apply, get ready for 5300+
any body at what time RBI meet ?
so finally iv.c is confirmed and moving towards 5115.
Incidentally JNSAR hit twice today first from above and now from lower side to the invalidation point (5070) to earlier fall.
12.00Noon
@DR,
11 am,
You didnt get it from youtube?
hehe
DKG
lets switch to Hinglish
When I trade Nifty I dont see BN chart
BN is buy above 9550
wait till Monday will give fresh levels
sir;
Now can we say that v is done: as per ur yesterday messgae
""V"th wave done is still in contention till 5070 or5117 is not crossed."
@ Cooldent,
No, its rocking!!
@ DR,
Ok, Thanks.
.
4990-5075 was 1.618 of wave A today ( 4968-5018 ).
If we go past this, then this count as A-B-C is wrong.
pcsmitpra said...
:-(((
Did not buy , Got confused because some said here to sghort around 5030 and SL 5050.
did u follow all the calls given by that person?
@pcsmitpra
Then wts the problem? some trades do get stopped out
did someone say 5093nf? :))
@ pcsmitpra,
JNSAR is a simple number. And SAR method is another simple method.
Why, then, listen to anyother voice...?
Just as you did short trade...Do also Long trade.. Remove all opinions from your mind when you follow "SAR METHOD".
Ilango,
are we moving towards 5115 area and will it now be called iv.C. ? and v still to initate.
what is your view
@ Cooldent,
Dinesh Rishi said...
Sister levelz pLz
is there any 5093NF in ur counts?
September 15, 2011 3:04 PM
Jai ho guru dev
Bye Sir and all blog mates
@manish,
How did you get 5th of c to 5115 ?
thx
@Ilango,
Sir,
It will be very helpful for us if you could post your most likely view on EW labels this evening. This will help us study this before tomorrow's important event.
Thanks.
.
Does anybody see the last 2 min bar drop to 5075 ? Or is
the adjust they do at the end ?
@Cooldent I have no questions about JNSAR.
But today it was too tough to concentrate
for a new comer like me. Too much analysis
by all about Elliot wave 4 or 5 or abc.
The only lesson I learned is That I will read
only the green box from now on.
Astro??? well today was crazy.!!
Sir,
Nifty day high @ month pivot, but bn far behind
GD
It is just the closing adjustment
@yash&Dhan,
I apologize for posting EW stuff. But I know
there are lots of good EW knowledgeable folks here -
and sir uses it. So I bounce of ideas here.
My wife trades JNSAR sometimes. She is a newcomer too and she
looks out only for sir's comments ignoring others.
I would recommend the same. I understand it is
tough.
Lol yash
golfdude
no offence
But I will suggest you to go for
Minor and Minute waves first
Minor: weeks
Minute: days
Dont try following till you attain perfection in above
Minuette: hours
Subminuette: minutes
.
@DR,
Understand. I am doing smaller term to learn EW.
Eventually trading with them will be very hard
i assume.
Breaking NEWS
SEBI introducing trading with
◄◄ REW ► PLAY ▌▌PAUSE █▌STOP ►► FF
buttons
You can
REW ◄◄ your loss making trades and
►► FF your profitable positions
but the ▌▌PAUSE █▌STOP button will be with SEBI
Post a Comment