Retracement strategy, a must for traders.
Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...
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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...
11 comments:
Dear Ilango Ji,
I am looking for some write up on 'fast rise or fall' setup in this blog.
I can find bits and pieces but not a comprehensive one. I am sure this blog will have somewhere.
Can I trouble you to point a link please ?
Thanks-in-advance,
http://tradeinniftyonly.blogspot.com/2010/06/weekly-analysis.html
http://tradeinniftyonly.blogspot.com/2010/11/nifty-intraday-update-ii_29.html
http://tradeinniftyonly.blogspot.com/2009/04/nifty-corrects-as-long-as-3310-holds.html
Ilango,
Is it possible to avoid JNSAR trades in the flat or corrective phase?. Is it advisable to tone down the exposure in such phase?
Bala,
I have given links
Nanjil ur question is for Master but
I take the liberty to express my views
IF trading with system we dont know which trade will
turn out to be the best trade of the year.
and there is 20/80 rule also
Namaste Ilango Sir & Blogmates,
Huge gap-down, seems still in correction mode as not much has changed: Option Analysis for 18-10-2011
Duplicated at Wordpress Site
Thanks & Regards,
Sanjay Kr Jaiswal
DR,
I understand there is a danger of missing the fat belly trade. But if it is possible to spot such no action phase using EW study, can’t we minimise exposure?. I mean, not completely sitting on the sidelines but only minimizing exposure. My understanding is that only EW is the best tool to identify the “no action” zone. We need to look into strategies if any can help here.
I tried such strategies but mostly end up missing the big trade. So, just travelling with the price now by accepting whipsaw pains.
nanjil
ur expert in archives
I switched to Nifty, Normally I trade BN :D
Turtle rule : when trade give big profit skip next trade
they played breakouts but our system is entirety different.
Today checked pulse of BN _/\_/|--/\__/\_ wait wait wait signals
soon will switch back to BN
Make Hay when Sun is Gay.
Fire work by uncle
http://www.youtube.com/watch?v=hN1G0TahfT0&feature=related
Master,
Can we get Lunar MA values like 20,50,100 & 200 too in the TT along with the Fibonacci MA values? That would be a very helpful as we all watch TT all the time.
DR,
Waiting is worthy in BN.Big movement is approaching.
Interesting development today.
@ 3.30 PM NF O.I. was showing net 8 lac O.I addition & now in Bhav copy it is showing Huge 17 lac deletion. & NF O.I. comes well below 2 CR. i.e. just 1.95 Cr.Means it is either suggesting huge short covering or profit booking or long unwinding.etc.etc.
Huge 48.50% addition in Nov NF O.I. when just 5 trading days are left for expiry,& Nifty closed far away from it’s day low.
Though there is addition in Oct.5000 CE, there is not that much reflection of the same in Nov.5000 CE, on the contrary good amount of addition is there in 47 to 5000 Nov. PE and 100 % addition in 4400 Nov PE is surprise element there.
Tomorrow,from trading point of view today’s Big volumes trade @ 5033 (JNSR for Tomm.5032) & 5055 would prove its importance, tomorrow also. Except Nifty day-5D & 9 Day Rsi, …35Hr.D Lead Indicator,9Hr.Rsi,14Hr.Rsi likely to support Nifty if it shall come again closer to 5000. & then the above said “exception” may start to favor Buyers.
All N all, in the first part of the trading tomorrow, if by chance nifty shall come again near today’s low, then considering .35% JNSR filter(comes to again 5014-15),& Nov.5000 PE addition, buyers may become active, is one probability there.
.Market is supreme there so Let us see tomorrow.
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