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...
84 comments:
@Ilango
Missing the Karmic Effect:):)
@SAM
thanks for info.. i am using Reliance netconnect
(dongle) and paying 715 rs/month...and pathetic speed.
..want to change that...its my back up net connection.
.still paying huge on it...want to change that...
I just want to share a funny incidence.
I was out for some work for the past three days.
I asked the office boy to copy paste all imp posts on
this blog especially the green boxes. My only aim was
to get a fast summary when I return to my work today.
To my surprise the most regularly copied post was.
"New post done".
Which date is expiry date?
any number of whipsaws are worth the ride of impulsive move.just increase the
no of lots with every whipsaw.iam sensing a tide
Yash AND Dhan,
Couldnt stop laughing..
@Sujatha start keeping a watch on 5100 CE rates for further clues,m as not trading less than 30rs and I I remember it corectly it from there that an ^movement was observed in it and today low around 30rs
@All,
Q. Where to get?
A. Just check ebay(dot)in. Search for 3g usb modem.
I prefer Huaewei E173.
The modem one can buy from open market.
As unlocked modem means it is not locked with any network.
The docomo, airtel and all mobile operators are
selling such modems but they are locked to only their
network. Mean you can use only their network. Whereas
in unlocked modem you can use any sim card may be
docomo airtel or bsnl. Check which network gives
speed in your area. I am using docomo and bsnl(as a
backup)
I get speed of 2.5 mbps on docomo and 500kbps on bsnl.
Both works excellent for all my stock market softwares
and other things.
Mr. Nath its against Money Management rule of trading
Martingale
The strategy had the gambler double his bet after every loss, so that the first win would recover all previous losses plus win a profit equal to the original stake.
..........and the exponential growth of the bets would eventually bankrupt those who chose to use the Martingale.
In trading always trade with your regular lots
D-JNSAR triggered to go short.
In 5200 call more than 10lk oe addition what does it mean?
plz seniorsss any one give me ur id or contact no i m not able to get many things... plz help meee. plz my id is maulik_gosai2007@yahoo . com admin if id not allowed here plz i m sorry
sam,
2.5 mbps? is it unlimited? prepaid? 2g or 3g? pl elaborate.
@DR,
Vegas casinos tightened up in the 1950s when the
new money saudis did that to one or two casinos
using the martingale.
@Bhavan It costs merely 1500 to 1600 bucks.
lol yash
@sam,
it must be 2g connection at 65 pm most 3g are
upwards of rs 400-500
is it the 2.5 gb prepaid gprs plan available at 65/-
Maulik read carefully, read all things even one month(s) is not enoff!
@manojag I recharge with Rs 65( docomo gprs pack)
which gives me 2.5 GB data usage and my bsnl postpaid
gives me 1gb free every month. This is sufficient
for me for whole month.
One should try
Anti-martingale
In a classic martingale betting style, gamblers will increase their bets after each loss in hopes that an eventual win will recover all previous losses. The anti-martingale approach instead increases bets after wins, while reducing them after a loss. The perception is that in this manner the gambler will benefit from a winning streak or a "hot hand", while reducing losses while "cold" or otherwise having a losing streak.
http://en.wikipedia.org/wiki/Martingale_(betting_system)
Till a close below DLEma is not in place, 10 to 20 points below DLEma becomes an aggressive long with a small SL.(5005 50sma).
Bear in mind also that DLEma value comes down as new lows are being made.
4973-approx. 20sma & 4964(11th Oct.Low) are last supports.
At D-LEma
bhusan sir but i m confused from start daily jnsar nifty can we find own self ??? is there any formlua or just to daily see in site only ?
please anyone give me this kst indicator AFL or
any source to get this same.
sam,
are you sure about the speed of 2.5 mbps. sure is great if true.
8 gb data available for 149/-
@ilango sir,
On your last note, "aggressive long" intraday ?
GD
Mathematical analysis
Says something else
You may like to read
Optional stopping theorem also
http://en.wikipedia.org/wiki/Optional_stopping_theorem
4990 is this week's JNSAR - near 20 DMA also. SO if found support intraday bounce is possible.
@piyush sharda yes it is 2g pack but as docomo gives
every card as 3g sim(in my area don't know about other). The speed getting is excellent..
as in modem when HSDPA comes it is 3g and if Gprs or
Edge is coming then speed is low.
I am always getting HSDPA. and blue light.
@maulik,
JNSAR formula not available. Use the tech table.
@ DR
That is a beautiful suggestion. I will follow now onwards.
Regards,
LV
changing coat with every whipsaw.
increasing not doubling
manojag said...
sam,
are you sure about the speed of 2.5 mbps. sure is great if true.
8 gb data available for 149/-
Believe or not but getting it... and m doing all things
using the same modem.
@ MAULIK GOSWAMI,
No formula is available. It will be daily updated by sir in his posts only.
@manojag It depends on the area in some area it
may be less.
Unlocked Idea modem is available
@ price of 1500-1600
earlier TATA docomo was
giving Mbps sprred with 2G pack
but recently its limited to 135 KBPS max
and BSNL still giving upto 600 Kbps on 2G
and it depend on signal/distance from tower
sam,
thanks.will give it a try.
@Shenita http://www.4shared.com/file/RKZervsm/KST_Indicator_By_Indian_Trader.html
@SAM
i run ODIn + Shrekhan TT...is this application run
smoothly on it..
Bhavan - thanks.. itching of "one fastttt bounce" :P
Somethings bullish i am seeing -
1. 30min chart, pos div.
2. Wave 4 flat possibly completing next 10-20 pts down
3. Lower BB hit and bounced off
4. Daily 13/34 EMA crossover
5. ilango sir's comment on DLEma above
golf dude thanks & i will refer that but my question is that daily have to see blog to find jnsar or own self also can find ? may i have ur id plz ??
Dear blogmates
Please anyone guide what do the brackets indicate
under MACD in Tech Table.
@golf dude
Watch the 1 pm hourly close...bearish trend continues
if close is below day low ema
Anil said...
@SAM
i run ODIn + Shrekhan TT...is this application run
smoothly on it..
I use NestTrader ,Amibroker, data feeding application
for amibroker, and browsing all at the same time using it.
@maulik,
JNSAR formula not available. I cant be clearer than that.
@indus,
I didnt recommend to go long. I just listed bullish
signals. Similarly there are enough bearish
indicators too as you said - below DLEma being one.
@sam thanks
@kjs arora
macd negative
ok golfdude thanks frst let me complete full reading of Always Start Trading with these later may i will understand more right ???
@ K J S
It is negative values for macd, implying short term
MA below long TERM MA...
here fast MACD is 5-10 MA..so -ve values implied 5 EMA
below 10 EMA...
Sir can you upload the 5min chart with count?
@ Satheesh,
There is no change in 5min count than the one posted in PreMarket. The red count is in progress. Where will it bottom - @ 4975 or 5005(20sma or 50sma)? is the question now.
Three observations.
1.Correlation is very risky. If you really want to co-relate, then watch both charts very closely for the long term. Just don’t look at the overnight charts and expect one will follow the other. Each counter has its own character and weightage. Copper has fallen more than 20% since august whereas nifty has not even crossed 10% in this period. Nifty fell in Aug but it happened with USDINR only in Sep. So, never take signals from correlation.
2.Always trade with uniform quantity. Let it be a whipsaw or tide. Otherwise, you may lose everything in just one trade. Survival is important rather than becoming rich.
3.We all had swallowed several math formulas and equations from schools and colleges. But I really don’t understand why so much panic and doubts about JNSAR. It’s damn very very simple number. If you are a newbie and don’t understand anything about 20 point filter, 0.2 % filter, first 2 days filter then no filter, etc etc..
Follow this.
a)Note down the JNSAR.
b)Make the entry when price crosses JNSAR. No filters, no buffer, no reversal entry.. nothing. Forget it for the day.
c)Next day, follow the above two steps again.
d)NEVER EVER miss the entry.
Start now and do it for 3 months. You will then have plenty of time in hand and peacefully stay at you tube site. DR, just kidding :)
With pinch of Salt
PUNTER'S CALL
Range-bound
The Nifty opened negative this morning and is further expected to take support around the 40-daily moving average (DMA), ie 5044, and move up till 5220...
http://www.sharekhan.com/CMT/Upload/NewsLetter/Report/Highnoon-Oct20_11.pdf
this is only for Analyst
http://www.tamilrecipes.co.in/wp-content/uploads/2011/05/Jalebi.jpg
My experience as a trader who is in his early stage.
1.One can teach you knowledge. But no one can clear your doubts regarding entry and exit. Your will only hear it and skip it.It will be clearer to you only when you understand practically everything.
2.Don’t search for answers on JNSAR or for any trading set-ups from anyone. You put your hand into it and do it practically.
3.Of course, you will lose money and that is your investment. Be ready for that. Anyhow, you are going to lose money when you take advice from others. At least let you lose by the advice from your own heart and mind.
4.Winning and losing trades based on your own advice is like the three famous word. No feel can match that. So, do it on your own.
Even I would like to know what do brackets indicate under MACD in Tech Table. Some times it's green with/without bracket, sometimes red with/without bracket. What could be the real meaning when colur is green with bracket & red without bracket.
Pardon me if my question is irrelevant here.
Anilji and Piyushji
Thankyou for your prompt guidance.
Thanks sir
@jmoorthy bracket indicate negative value as in -28 or so on
Ilango sir, is there a conservative trade in play now? SL for long was 5060. Was it S&R also?
Today intraday VAH is 5046
JNSAR being triggered again?
Trust in God...!!!
The only survivor of a shipwreck was washed up on a small, uninhabited island. He prayed feverishly for God to rescue him, and every day he scanned the horizon for help, but none seemed forthcoming.
Exhausted, he eventually managed to build a little hut out of driftwood to protect himself from the elements, and to store his few possessions. But then one day, after scavenging for food, he arrived home to find his little hut in flames, the smoke rolling up to the sky.
The worst had happened - everything was lost. He was stunned with grief and anger.
"God, how could you do this to me?" he cried.
Early the next day, however, he was awakened by the sound of a ship that was approaching the island. It had come to rescue him.
"How did you know I was here?" asked the weary man of his rescuers.
"We saw your smoke signal", they replied.
It's easy to get discouraged sometimes when things appear to be going badly. But we shouldn't lose heart, because God is at work in our lives, even in the midst of pain and suffering.
5077 38.2%
5091 50%
5104 61.8% retracement levels of fall from 5147 to 5034.
Ilango sir , SAR 5070 will b ok??or more filter is required??
The bounce was due but its too early, so how much it is
trustful?
Buzz said...
JNSAR being triggered again?
How? If it is triggered in morning(short) then long may
be 5070 to 5075(20 to 25 pts filter)
@ Krishna,
Conservative trader got stopped out @ 5060.
But the aggressive trader got in "Shorts" & "Longs" below ORB & DLEma.
When market attempts to shake us off with its gyrations, we should attempt few trades using TT to make money.
10 points per day is required to double your money in a year as per Golfdude.
30 to 50 points trades are plentily available everyday.
SAM, :)
Wait for 10 mins. woh bhi aa jayega.
Upward momentum continues above 5 day ema and 55 day
ema at 5071 and 5084 respectively
M waiting Buzz
SAM bhai... waiting over. :)
@DR
Sir have you gone long again
LV
There is a dialogue repeated thru' out the 1960's movie - "Padikkaada medhai"..
Kooti kazhichi paathaa kanaku sariya varum.(If you add & subtract, maths will come alright)
So you add Hour TA, you subtract DLEma, your math will come out okay.
Now a fast fall set up in 5min NF invalidated above 5100 NF
@ilango sir,
As a joke, I lost 10 pts today. There goes my
money management skills :)
venkatapathy l said...
@DR
Sir have you gone long again
LV
October 20, 2011 1:58 PM
I have booked part here :D
dont ask my trades I am afraid "Najar Lag Jati hai"
New Post Done.
@Satheesh
You are training me to be a marathon runner sitting at
my desk:):)
Master,
Can it be that the 4th is taking form of a Triangle (typical) with C completed @today's low and D going on? Lower highs and lower lows in the hour chart brought this into mind with the behavoiur of indicators too. Please consider if it is possible.
Ilango,
My stance is.
கூட்டவுà®®் வேண்டாà®®்! கழிக்கவுà®®் வேண்டாà®®்! (no need to add and no need to subtract) JNSAR
à®®ேலே படுத்தா போதுà®®் (lay with JNSAR.நிலாவுக்கே à®°ாக்கெட் விடலாà®®்(you can reach moon).
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