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...
38 comments:
Good Morning Master & Friends
Namaste Ilango Sir & Blogmates,
With 2 days to expiry neither the Bull nor the Bears are in control, it’s a stalemate right now: Option Analysis for 24-10-2011
Weekly & Monthly Profile Charts and Values
Duplicated at Wordpress Site
Thanks & Regards,
Sanjay Kr Jaiswal
Give 10 things in life:-
D = Dhan
H = Health
A = Anand
N = Nature
T = Talent
E = Enjoyment
R = Romance
A = Aitbar
S = Saubhagya
I Wish ILANGO SIR AND All JNFRIENDS & THEIR family
Happy Dhanteras..!!
Good Morning and Thank you Master and Seniors for all the inputs and guidance.
gm.
Trading plan -
Aggressive -
Long after 5110 ( DHEma ) with 5090 SL
Short at 5135 with 5150 SL
Conservative -
Short below 5030 ( DLEma - 10 ).
Long after 5150 ( R2 ) .
Notes -
Day neutral.
Week neutral.
Month trend down.
Option Expiry week.
JNSAR ( 5072 ) to go long above that.
EW analysis -
One final push for Wave 5. Has to go beyond 5040.
Takeaway -
DONT FIGHT THE TREND AND SAR VALUES.
SGX at 5125 !!!
good morning all..@ gd One final push for Wave 5. ??? pls explain
Good morning blogmates,
Happy days of diwali to all.
pdd
Now I can take some credit for highlighting the Greece chart months ahead of the events that
followed as it started breaking its lows. The same heppened today with the Shanghai index
breaking its 2010 low. It seems to have gone unnoticed but the bubble has burst there and
a few have written about it too. The recent sell offs in commodities might have more to do with
what is happening in this part of the world while the world press is busy wasting time on
Europe where the end game is predictable. An ESFS with a few trillion dollars and a 50%
haircut to be taken by the banks. What is new. Watch out for China
Namaste Ilango Sir and fellow bloggers
LV
Good morning Master and all my friends
Sir, JNSAR should cover and go long at open?
Namaste Ilango sir and all,
NIFTY Packed within channels
CLICK HERE
Today on the day of Dhanteras,
May Goddess Laxmi shower you with health, wealth, prosperity and thereby peace, and take your journey towards greater and greater success.
-gauresh59
@sudharshan,
1-3 = 4729-5160
4 = 5160-5050 ( triangle ABCDE )
5 =5050-5207 ??? ( 1.62*W1 )
Namaste ilango sir and friends,
Today's quote received :
In order to succeed, our desire for success should be greater than our fear for failure.
Failure should be our teacher, not our undertaker. Failure is delay, not defeat. It is a temporary detour, not dead end.
@ gd Thank you looks verymuch possible
JNSAR triggered on the long side. This is the 5th time JNSAR has been triggered since last Thursday.
Does this imply anything, or we don't need to consider such whipsaws.
sorry, not 5th, its the 4th time. On Friday we closed below JNSAR, it was triggered only once... my mistake.
i have an impulse count...this could be just 1 of 5.
Here are the numbers
1 = 5038-5060 ( fri )
2 = 5060-5049 ( fri )
3 = 5049-5141 ( mon - completed )
4 = 5141-5106
5 = 5106-5163
Respected sir,
Can triangle formed in 2 nd wave according to law is it correct
GM Sir,
THANKS for Gouresh for the nice quote on the Fear.
Daily earthquake so we see some our rampart modification
GM All...
ORB : 5142 - 5110
Sir,
Small doubt.. as per friday JNSAR with filter we should
enter trade after 5045 breaks. but in table above you have shown
entry point as 5075 (no filter)... i understand filter is optional
but how we decide on whether to apply or not? please clarify. it would great help to manage trades in sideways market like these...
Also today nifty opened 50 points above JNSAR... we supposed to go long being mechanical system?
GM Everybody,
Big Volume trade @ 5130...
Yahoo charts are not working today..anybody facing the same problem?
mynac,
iam also facing the same problem.
Good Morning Master and Copy to All
On Auspicious occasion of Dhanteras dated October 24, 2011, exchange is conducting an extended live trading session in Gold Exchange Traded Funds (Gold ETF).
Timings 16.30hrs to 20.00hrs.
Buy Gold Bees :D
Thanks Dear krishna
good morning DRSIR
Go for gold coin leave gold bees,
Buy gold coin from ur local jewellers not from bank and postoffice because of high charge
I am selling gold coin at MRP 2800 PER G.M. all inclusive
@Sir
GM
@Mynac GM try google it might not be working as yahoo as u have to set it every time but in times when yahoo doesnot works it helps
and Acc. to 5 day vol.profile it has to cross 5145 which also in premarket level for another further move
@ Nirav,
Triangles in 4th is a guidline only; not a rule.
Triangles are often found in "b" waves.
@ Ravi,
My first comment on Friday stated that 5045 JNSAR will be revised upwards later.
The same was reflected in the chart. Nifty paused at 5075 before breaking it finally.
Pre-Market's chart had a "Contracting triangle"-firm break down below 5040, the low being 5038 which everyone forgot including myself.
@mynac I m facing the same problem.
New Post Done.
Dear Bhavan,
Thanks but I am so familier to Dear San's auto refresh
chart,that it becomes tough whenever there are such type
of problems.On that day normally I prefer to stay away,
on such occasions.TA table,San's chart,NSE site & O.I.Data are my
just simple 3-4 artillery weapons.:)
H-JNSAR triggered. Last trade - 85 pt loss.
@SAM & MYNAC .. yahoo is updating now ..
Thanks sir
@Satyam Sit thanks a lot for informing
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