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...
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5010-5039 supply zone proved a ST resistance. 5002 proved a break down point. 4945 to 4982 proved a corrective rise, monitored with an ...
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Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...
67 comments:
One more failed attempt to conqueror 50 SMA@4860 by Bulls
Rgds,
Bramesh
HHEma-HLEma trade update -
12PM closed above HHEma ( 4850 ). But within 5 points.
So waiting for confirm to switch trade to long.
Sir,
Day low needs to be corrected its 4834 for 13 jan
plz have a look..
@Golfdude ,
Isn't
HHema @ 4857 and
hour 12:00 close at 4856?
Reposting.....
@Ilango Sir......and All blogger who need solution
For every blogger who got affected by New Comment System here is excellent solution.
First make things to normal:-
Make Site Feed --- Full.--- Save Settings.
Now ---Goto Design--- Edit HTML--- Check Expand Widget Templates----
Now before doing any changes ---- Backup your template.
Now In HTML---
find --- showThreadedComments
This you will find arround 4 times.
Just remove Threaded from it.
And save template.
Things will be back to normal.
If anything wrong goes then.... you can restore your template ... which you have backed up already.
@golfdude:12 P.M. closed also below HHema
Happy Makar Sankrant Pongal & Lohri
:)
Hi, any site where i can get hourly nifty charts or can i customize yahoo charts to hourly ?? Pls reply... Thanks
* 12P.M. = 12:00 noon
@smita, @prabhakar -
you guys are right. I had interchanged the hour low and high.
Thx
Two BNF short trades done
now no more panga will wait for breakout/dn
Mkt ney bhikhari bana dala
collecting chiller :(
Aaj to itni bhi naseeb nhi maikhane me ,
jitni hum chhod diya karte the paimane me !
SAM, If we save the whole html, isn't that back up enough
@yash & dhan, thanks.
would you explain how I can get hrly ohlc from nse site or
any other better site ?
SAM, I changed sitefeef to Full. Removed all - threaded- words from the html but no change
Lunch time !...
http://1.bp.blogspot.com/_5xkDx_-kv3I/TO89MW-Fb5I/AAAAAAAAAdI/eIVN9v2bLBE/s1600/thali1.jpg
@Ilango Sir.... No.... besides saving HTML....
As it doesn't contain widgets....
If you backup the facility provided by blogger... then
it doesn't make any problem in future. So it is a safe way
to use backup function.
And by the way.....
Check this blog which I made from your HTML sent yesterday
Check it here.....
http://demoforjn.blogspot.com/2012/01/demo-post.html?showComment=1326437614038#c7275837026391397960
It also comes with your profile picture in the window.
Cooling off may be over holding above Day pivot and possible break-out above 4860
@Ilango Sir it solved only New comment system problem...
Now it required to change some HTML..to get green box..
Just check the demojn blog posted by me.
SAM, How about replacing the html that you developed for the demo site and check - PREVIEW-. If it is ok, I can then apply it.
Tata Steel has shown the strength since morning
SAM All the comments are in green
Ilango
try these.
http://www.deluxetemplates.net/forums/topic/how-to-highlight-author-comments-in-blogger
http://www.simplebloggertutorials.com/2011/04/how-to-highlight-author-comments-in.html
January 13, 2012 11:15 AM
Manish
Thank you. This week end has an agenda of coloring
Hour Chart Update:
http://1.bp.blogspot.com/-B2NwaDLlX3M/Tw_by24K4RI/AAAAAAAABNQ/YEpJ0ew2znM/s1600/13+jan+hr+fmacd.bmp
DR Sir: I shorted BN @8974 & kept today's high (9009) as SL. SL got hit
This is the 1st time I ventured into BN outside of Nifty & mkt gave me slap ..
Negative Divergence in 5-min. charts. Above 4877, same will get developed in Hour charts.If Nifty manages to sustain above 4850, these can get invalidated too. Otherwise... :)
Tata Steel (Commodity stock) & high beta
Prabhat even tho u have kept today's high as SL
I dont think 20 pt stop loss which one generally keeps
for Nifty will work in BankNifty. Movements are bigger
in BN.
@Prabhat,
Check Satheesh' comment earlier regarding BN. She told about Fast rise.
Prabhat
Rule : touch BN if your Nifty trades are profitable/or no loss
for three months
& Never trade intraday
Fresh Trade only when JNSAR hits.
so technically ur trade was wrong
see there was no sell signal on intraday or as per JNSAR
Y u shorted
http://bankniftytradingchart.blogspot.com/
TT & Chart Updated
Dineshji.
What is your stoploss for short in BNF if u shorted?
HHEma-HLEma trade turned long at 1pm at 4878.
Previous trade loss: 66 pts
Nifty crossing golden ratio.
@Ilango Sir Template Filt of Demo blog mailed to you...
Please check your mail... when free.
The last HHEma-HLEma trade clearly shows
the risk is taking a trade when closing price is
"too close" to HHEma/HLEma. I took it at 12pts diff.
Appears we need a better cushion. Ofcourse money
management is important.
61.8% done @ 4883 of recent fall.
@Dineshji,
I shorted 1 BNF @9015 with s/l of 9050
dare said...
Dineshji.
What is your stoploss for short in BNF if u shorted?
+++++++++++++++++++++++++++++=
Dinesh Rishi said...
Two BNF short trades done
now no more panga will wait for breakout/dn
Mkt ney bhikhari bana dala
collecting chiller :(
Aaj to itni bhi naseeb nhi maikhane me ,
jitni hum chhod diya karte the paimane me !
January 13, 2012 12:21 PM
But how do u know I am short :( Surprised
===============
Yesterday High was 9028 BNF + 50 could have been SL
Typo....
Read Filt... as File
@ ILLANGOJI
IF NIFTY NOT STAY ABOVE FIBO 4883 THAN SHORT CAN BE
INITIATED ??
BTW, elongated flat anyone ? So we fall from here
to below 4800 ?
DR Sir - seriously ? U r short ? It is still raining
in chennai.
DR Sir,
You mentioned
QUOTE
Rule : touch BN if your Nifty trades are profitable/or no loss
for three months
UNQUOTE
Do you mean each and every trade has to be in profit OR majority of trades. (Let's say 80 to 90%)
can we see short covering in IT stocks which may
propell nifty abv 4900ns today?
Since last Friday, the -Falling Fridays- have taken a back seat. If you want to sell, it is only because of overbought reasons.
But you could miss out on some gains.
It is not possible to capture all trades.
Infy closed below DHEma for 3 days and then closed below DEma on 11th Jan and fell 6-7% next day.
The point is - there is method to madness. And such few trades give good returns.
india likes to play from the pavilion
score 157 for 9
golfdude
I and Adamant Bull but sometimes for change of
taste I do short
it can be one or two short trades out of 10-15
Kiran
Three months average should be profit/or no loss
It is to access your disciplined trading.
@Ilango,
Nifty sustaing & EOD closing above 4880 & can we
carry our position till Monday?
(US Market is closed on Monday)
Ilango,
Would 4850 be a reasonable SL for this break out ? I got in @ 4860ish. TIA.
Booked Part Profit....holding rest
@DR Sir & other experts: I thought BN will come down. Made a donkey of myself by shorting it.
@sometimesbullsometimesbear: Aapnka naam itna lamba hai ... Can I call u SBSB in short? :) No offences, I mentioned it jokingly.
I kept a SL of 35 pts & not 20 pts since I was aware that BN is very volatile & price movements are bigger.
I guess I must go back to my study room with DR sir's blog.
@DR Sir: "But how do u know I am short :( Surprised"
I too mistook that you shorted. :(
If it is a Rising wedge from 4588 as per the chart, then it is in its final stage and ideal termination would be around 4910-35. Today's close would alter the momentum of week TA. Remember this
BN has done Week's R2 target yesterday itself; Nifty is poised to reach Wk's R2 @ 4919
Prabhatji u r most welcome :) Just trying to help.
Many Thanks for your comment. I got the answer.
New post done
Dineshji,
stoploss hit.......
and again shorted 2 BNF 9045
dare
Plz dont share your trades
lets only discuss about trend
Dineshji,
sorrrrrrrrrrrrrrrrrrrrryyyyyyyyy.
i somewhere wrong in my stoploss..... i think so & got
hit...
Surprise surprise
@DRSIR shorted and 2 times, JNSAR then also? Plz tech how
after 10 green candle BNF might be close in red
in day
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