Hello Ilango Sir.Hello Sujata, DR, PT, mynac and All other warriorsHope all are doing good.
Ilango Sir,"Red label" of 2nd wave correctionwill it be 38% (near 5000) of 4770 to 5124 ??
Hello Dear pcsmitpra..:) After long back you are here...How are you ? I am sure must be fine...:)
Yea I am alright, since lost of that chunk I remain away for long time , still not much in trade. Just having a perspective of investment. Afterall this is the only place I know to hide my money :-)
back -->Still not able to initiate trade. Nifty pls do something either 5145 EOD or 5057 2 hlf hrs :-)
immed res in ns near 5117 now,its upper TL of falling channel
@ Hemant Harke,If 5124+20 keeps Nifty down, the correction would be expected to move to "minor ivth of 1st"(Red) @ 5060-4995. That is the min. expected.Correctives can not be pre-expected whereas the "impulsive moves" can be mapped reasonably well.We would get clues about the correctives as they unfold.
ns may not break below 5070 today if trade in chanell as that is lowest point of falling chanell near 3.30pm
Dear Shriram,Yes very true..These types of half cock correction neither favor intra Bulls nor Bears.So full throttle Jacquar action needed.
Ilango Sir, is this a complex correction, Triangular and Flat?
Hi Sujatha di I am good yea . my kids also doing well now .. and they are very naughty. How are you and your cooking goingon :-)
sujata:again today u put googlies on GANN. How u developed this ability ?Poor ppl like us shud benefit from the wise words, & not hv our head spinning ;-)Pls be kind & specify simple menu for hungry poor ppl like us :-)
Camarilla Intraday - Trade3Nifty Futures - Scenario 2H4 5122[BUY]H3 5091[SELL]with 20pts SL*High Risk Trade. Low Risk Traders Pls Stay-Awayor Personal Decision Advised.
Ilangoji,I remember you mentioned in pre-market as well as EOD posts often the 5080 level as the infection point before correction. I do not remember what was TA reasoning behind the number. We never closed above this level after correction. Does 5080 still play any significant role and can we consider change of game plan in medium term if we close above this 5080 today? Even mr.kumaraguru predicted in this blog 400-500 points below 5078 and we actually achieved that.So,what is that 5078-5080?
current 200 DAY EMA please anybody??? tks n advance
J.R. Julius, ur 3rd SL triggered? What is the use of such CAM system when it takes out all the profits made last week in 1 single day? Why not positionally hold JNSAR only, JNSAR sitting on 200 pts profit and only 1 trade since last week? Looks cool, isn't it?
*//To All Camarilla Traders//*LAST TRADE OF THE DAY:If Stop hit 3rd time its the last trade forthe day. As Per our Risk Management One should NEVER take more than 3SL in a Row. CamarillaManual/Site also suggests the same.If 3 SL hit in a Row, It means we are totallymisaligned with the Market. QUIT the Day with the thought of Market will give better chance tomorrow.Our aim is not to cover today loss, but our planshould give overall profit for the week/Month.If we could not cover loss & Make profit in aweek/month its not a good trade plan.Last month 1 day(11/05/2012) same situation wefaced with CAMARILLA LEVELS!
GaneshaPls share with us the system without whipsaws
Almost 11 lac Intra addition in 5100 PE..indicates Bulls determination for a close above 5-34 Ema at least for the day..
Dear Cooldent,My system is simple, follow JNSAR faithfully. Only refinement to that is when u catch a big trend in JNSAR, avoid next JNSAR trade as 70% of that will be whipsaws. Follow this and tell me if you are not able to earn money.
whipsaws and occasional loss are all part of trading no matter which system you follow.
ganeshabut by following all the jnsar trades also im making money
@Mr.GaneshaSays,Till now 2 trades failed.Waiting for the entry for 3rd trade.///Why not positionally hold JNSAR only, JNSAR sitting on 200 pts profit and only 1 trade since last week? Looks cool, isn't it? ///Its nor wrong trading JNSAR or CAMARILLA.Even in JNSAR or in any SAR 3 or More SLmay occur - called Whipsaw.Here everyone take the responsibility to takeparticular strategy/ analysis. Me taken CAMARILLAin my hand. Nothing Wrong if our SL hits. :)JNSAR is an wonderful strategy - No doubt. My wishes to you for successful JNSAR tradings.My personality suits for Intraday. Will consideryour advice too.
Dear Sujatha,Google showing 5118.26
PCS - my cooking improved after Shriram entered :)Shriram - lolz ,, hv u read tht Nos?? suddenly spark - i deleted Got it thro i charts is it 5153??? then ha ha ha let us see comparing with 200 DEMA + 89 EMA trading below this for long term/often = bearish??? any observers here???watching for lower top from 200 DEMA and confirmatory signal is good. apart from that all around this 5100 area is tough = like making "naan" at home :(
The only problem we have in our mindset is to get more, more and more out of system by trying this way that way but at the end of the its only KISS [Keep It Simple, Stupid] which works out, and this I have verified with my own experience of 12 years.
mynac - thanks :) Nilish ji - 89 ema breaking - can check from your side practically
Camarilla Intraday - Trade3 - STATUSNifty Futures H3 5091[SELL]triggered with 20pts SL.Low Risk Takers Stay-Away.
To AllS&P may downgrade India's investment rating.
sujata: For now lets keep eyes on 5057 @ 15:00 hrs ..I will send u fresh idlis from mysore cafe if it breaks today itself :-)
ganesha - he is talking about "INTRA CAM" one should hv "enter short" at this level with SL of H3 on closing basis always use any method is good if u fine tune it "with your commensense and experience" last week fully profit from weekly L3 4789 to monthly H3 5059 thing is how fast one is changing their dress code... me too "stucked" inbetween "no mood to trade" took rest and "back"
Who threw NIFTY ball at PT ?
Ganeshasays, J.R.Julius mentioned many times that following one system consistently shall pay. He is consistent with camarilla and it paid him and takes back some. To win some he has to lose some and it doesn’t matter. Even in JNSAR trade whatever profit now it shows is not real profit until we lock it or till we reverse it. So, it depends on how one carries him consistently with any of the system. Criticism is fine if it’s constructive otherwise there is no use.
read it = SL of H3 closing basis (weely H3) which is coincidentally 34 week ema nearby i am sorry to interfere..i can't accept anyway that 'CAM IS FAILURE ONE"
@masternow what label to follow green/red? pl guide. thanks.
volatality week started so booked kept only small part
shriram - close below impt 5025 :) all is well for PT
Part Booking& Trail to Breakeven can be considered.
haha.. sujata, PT always likes idli ;-)entire day, today spent on sidelines... Nifty ji, will we get the signal from u today ??
Further Targets I expect with My trailing5059 Previous Close & 5028 H3.
@Mr.Charu,I don't get your query!
J.R.Julius,You have any observation like, if first 2 trades are failed, 3rd trade can give more benefits?
Good afternoon Master, When to renter Long as I missed opportunity?
CharuYes its bad luck that the third trade (long) got triggered in mininifty
@ GaneshaSays,J.R.Julius is doing a wonderful job.He is updating Camrilla pivot based "intraday trading" live during mkt hours.I have offered certain modifications in it. But the puritans wouldn't accept it.Overall performance for an "Intraday trading", it has been found to be good.It is meant for "Intradayers".But what is more relevant is "When to use a tool" And "How to use that tool".This is where I disagree with most.Without an understanding of the market internals, one wouldn't know which too to use and how?.Hence, majority adopt the manual systems.Let the sharing continue gloriously.
friends any one know may inflation data release date .thank you
Key Events12 June 2012 - IIP Data14 June 2012 - Inflation Data18 June 2012 - RBI Monetory Policy
@ prakashbkc ,Didn't I offer you a re-entry last week. You did.4995-5060 zone.
shriram - food for thought - morning itself "premkt view" i posted tht "mayan calender" aa raha hai ..aagaya abb jaa gaya??? let me see @ closing...UBB - tootega then bakki sab OK??? that's good one i learnt from u "unless ur system show something - be like screen saver"
Last fall from 5059 was stopped at 4994 (-65 points)Will it be same case for this fall (5125-5066=59 points)
Ilango ji,Do u see any alt Bearish IM degree DZZ lable for the move from 6339-4531 & 5630-4770 ... in line , with Aniruddha's Py Degree Wave IV corrective lable, i.e ??
Master, I missed that one
master3pm update pleaseif need label update also. thanks.
sorry its updated.
http://wrd.mydigitalfc.com/economy/sp-threatens-junk-india-719media making fun of 8 june press release by S$P, also came on website 15 hrs ago...
sir,now negative divergence in hourly has been confirmed by price so what could be the possible target and at what point we know that effect of negative divergence has finished.
Kiran - aaaaaaaaaaa no plssssssssssss dil maange moreee
@Mr.Illango,Thank you sir.Me too have some modified ideas.Especially 1)Market Open@L2 moving Upto H3/H460-80pts a CAMARILLA trader just watchingit!I use ORB here personally.2)Market Open Away from L4/H4, you have givena new rule of H5/L4 reversal trade. PersonallyI accept it. BUY@H4 & SELL@H5 is rightnothing wrong in SELL@H5 and Cover it@H4 or Lower!3)Even H3 SELL can be used as BUY, L3 BUY can beused as SELL using our simple observation withMarketBUT I avoid positing such to avoid confusions.If you give some modified rules.I am happy to accept it & Obey it.Regards,J.R.Julius
sujata --> ... :-))))))))))))))))))
Master, have u done any psychological course/studies. The only wonderful thing which comes out of our discussions is your comments. Now please suggest whether studying psychology or human mind and its reactions help you in taking trading decisions.
Dear mr julius.,this is our 4th cam trade of day.. i m doing cam trading system order based.. my 5122 3rd buy order got filled.. Thanks,Charu
Sis Hope you claped your hand in morningnow enjoy http://static.atmydoorsteps.com/store/media/catalog/product/cache/1/image/147fbfd648d20f640b12588d698fc78a/B/r/Britannia_50-50_102G__3.jpg
@ anmpatel ,Breaking the channel, it is the Red label-2nd wave is on.
@IlangoInside the DHEMA do you think it will now test W or D 5EMA i.e between 5016 and 5024.Below that DLEMA 4980 as you have mentioned earlier
@master1 last guidance where would be 2nd wave end?thanks.
DR bhai,Aaaj idli khaane se koi nahi rok sakta sujata ko ;-)
Dear Shriram,After that "4866",so many days later it has gone below 30-34
@ CDG,We identified 5115-25 as the area to complete the 5. Or completion of 3.i.Now the depth of correction convinces of larger correction to the 5(and not 3.i)Retrace for 4770-5124 are:5040; 4989; 4947."4989" is acceptable. If very bullish,5040.
Turnover was good todayF&O - 103200 crcash - 8930 cr
Shriram jiI am bull with horns sharp as roses throns follow bull, Never take the bull by the horns will hold till JNSAR says to Quit
@ilango sir , the red label 2nd wave can go up to which levelpl give the level
re posting@master1 last guidance where would be 2nd wave end a/c to red labels?thanks
@ cooldent ji,even in NIFTY fut high made was 5122.4 as per TradeTiger, & also as per IIFL i saw 5122 tick. Julius ji, plzz dont mind i m not criticising u.. just telling u that we r doing it system based.. & i had done one more trade.Regards,Charu
Dear Ilango.. is 5040 is good enough to go long - partially?
@M/S Sujatha,///i can't accept anyway that 'CAM IS FAILURE ONE" ///Really!
aagdi barobar mynacmhanun tar evdhe prema ahe 30mins TA var :-)Pls remember not to use LONGER EMAs on this T/f.. max 34, uske baad Stgt line (unreactive hote, for trailing)Ani 89 plus tyacha hi var gelaat , tar taare varchi kasrat hote :-D
charudont worry. it hapnd to me also. we will see tomorrow
@Mr.Charu,No problem, me too entered 2 pts earlier.I welcome all the comments.If the comment made us to realise our mistakes& improve, our strategy is really good.
DR bhai,very rightly put.. 5DEMA is still up (unless EOD closes < 5005) was referring to Intra-trade only (pl read again)
@ GaneshaSays,Wisdom comes to those who expose themselves to the vagaries of nature.Nature has humbled me by robbing me when I "followed the herd"...Now I follow the prices."Stay objective" is a term not truly felt by most. They continue to be "Opinionated". Though they win a few but miss the most.
@master1 last guidance where would be 2nd wave end? mine cunt is iv of the 1 ie. near 5000. is it right?thanks
will close above DHEMA
carrying shorts from 5107
@ Kranti ,After a 5, a wait would be worth.
illango ji,wen time permits, pls respond to the query on IM Degree count from 6339
@ anmpatel ,I have already answered one similar question earlier.
shriram,dhanyawad...nakki lakshat thevato
jr julius sir ur great please dono confuse the caramilla charts it is effective but if required take master advice and make it more potent n hit