Monday, July 2, 2012

Nifty Intraday Update-II


36 comments:

sometimesbullsometimesbear said...

Only dont drink and drive. Old people get killed.

Happy Bday Srini :):)

J.R.Julius said...

Till now no valid Camarilla Entries...

Patience... patience... patience

J.R.Julius said...

Where is Sujatha Sister?

Amol Sharma said...

now 20 points will down in one candle ??

Dinesh Rishi said...

Anuj

2 more clips attached

Tumhari Kripa ruki hui hai - 1 kg petha

J.R.Julius said...

New Observation for Camarilla Traders:

Camarilla is mostly used with foreign
indices mostly we cannot see gaps.

In camarilla Close of previous day is
MID POINT.

In gaps why don't we take open instead
of previous close.

A new thought Just for observation.

as per 28th EOD
29th SPOT levels
H4 5168
H3 5158
L3 5140
L4 5131

as per 28th EOD & replacing close with
29th open price - 29th SPOT levels
H4 5210
H3 5201
L3 5182
L4 5173

Also we got the entry as per this.

Observe this in next Gap openings especially
+/- 30 points.

numchar said...

@Kumar Sir , Dr Sir

#TimePass

If you know someone who tries to drown their sorrows in drinks , you might tell them sorrows know how to swim.

buggie advani said...

A joke
I couldn't work today because
I had a eye problem .
They asked what kind of eye problem
I said I simply cant SEE myself working today

Amol Sharma said...

@ DR sir

Thanks Sir,

POWERTRADE said...

Good Noon Sir and Warriors

bizagra said...

@DR sir...aapka postal address nahie mila hai..:(

J.R.Julius said...

As Market is Sleeping - Wish to share some
market related thoughts!

Why most of the time paper trading a strategy
gives good results & in real time it won't give
much?

Most of the people think its because of emotions.
No.

Its not because of emotions, its because of not
having exact 3 rules.
Rule#1 Entry
Rule#2 Exit (Part booking/Full Booking)
Rule#3 Stoploss.

All these 3 rules will give 3 numbers before
us. Everyone will get the same entry-exit or
stop.

The lack of Rule#2 is too bad and major reason
for paper trade success & real trade fails.

If a strategy gives profit in paper trade with
3 clear rules. There is almost no possibility
to fail in real trade except you violate your
own rule.

J.R.Julius said...

A Sample Trade Plan:

Entry Rule:
15 mins ORB.

Exit Rule:
If more than 1 lot, Part booking
can be done@20th point profit.

Trailing@ New Sup/res in chart.

Each new break move trailing to New SUP/RES

Remaining exit@ trailing.

Stoploss:
ORB or Fixed fraction Ratio from entry.


*This is just a sample trade plan I gave
to explain what I said before. You can
make your own trade plan. Test & execute
will give almost same good results.

Dinesh Rishi said...

bizagra

पता नोट करो

http://www.youtube.com/watch?v=QB_kww5LzIE

gauresh59 said...

@ J.R.Julius,

But why one is not capable to execute these three rules at the right level...?
Execution of the trade at the right level along with firm determination is a must...Only knowing of levels cannot do any thing...? Its execution must be at right time without any fear and greed.....for loss and profit.

suresh said...

J.R.Julius ji,
how do you set tgts using camarilla h4/h3 & L3/L4
basis for stocks.
in nifty you have specified very clearly above.
thanks

bizagra said...

@DR sir..address note kar liya...Rabbi ko hi bhej deta hoon..:)

J.R.Julius said...

@Mr.Gauresh,

D-D

Doubt: Till a doubt arise monkey mind won't
do wrong in trades.


Distraction: When a doubt arise with his current
trade monkey mind needs supports of forums-
blogs- SMS- Messengers -others opinion-
Comparison.

Leads to Bad Trade. From my personal experience.

When everyone saying book profit 30pts, if I
wait for CAMARILLA levels, my monkey mind may
say everyone is booking you are just going to
enter - I may pause the trade or reduce the size
strategy will win that day - but i may fail.

I think stay away from D-D.

Dinesh Rishi said...

bizagra

my alternate address

http://www.youtube.com/watch?v=5pLjr8Zp5gs

J.R.Julius said...

@Mr.Suresh,
Approach#1
BUY@H4 for the targets of 0.5% and 1% from H4 with the stoploss of H3.


SELL@H3 for the targets of L1, L2 & L3 with the stoploss of H4.


BUY@L3 for the targets of H1, H2 & H3 with the stoploss of L4.


SELL@L4 for the targets of 0.5% and 1% from L4 with the stoploss of L3.

Approach#2
BUY@H4 for the targets of H5 and H6 with the stoploss of H3.


SELL@H3 for the targets of L1, L2 & L3 with the stoploss of H4.


BUY@L3 for the targets of H1, H2 & H3 with the stoploss of L4.


SELL@L4 for the targets of L5 and L6 with the stoploss of L3.


Approach#3
BUY@H4 with the stoploss of 0.4% from entry.


SELL@H3 with the stoploss of 0.4% from entry.


BUY@L3 with the stoploss of 0.4% from entry.


SELL@L4 with the stoploss of 0.4% from entry.

Targets - Partial booking@0.4% from entry, trailing stoploss to breakeven, Move the trailing stop using Chart support, resistance or Trendline.

Sanjay Jaiswal said...

Dear Ilango Sir & Blogmates,

OI Update at 1:00 PM

Thanks & Regards

Hari_Hyderabad said...

ss crossover in Nf 60 mnts. chart

Dinesh Rishi said...

Hari

:D

mintingggggggggggggg

J.R.Julius said...

@Mr.DR sir,
Me too have the same address.
http://www.youtube.com/watch?v=JKNzaWGm0o8

J.R.Julius said...

@Mr.Cooldent Sir,
Good Afternoon - Have a Nice day.

Hari_Hyderabad said...

@ DR sir

All credit goes to JN gurus. Thanks to master and to all gurus for their self less help.

cooldent said...

Thanks Julius. Wish you the same

gauresh59 said...

@ J.R.Julius,
when monkey mind moves hither and tither in search of any opinions for the already decided and planned trade......then mind is not firmly determined.........which is a pre condition of trading....clearly shows lack of firm determination power.

SURESH NIFTY said...

My observation,,last three Monday's trading...all went into selloff after 1:00 PM..so this time I will guess opposite happens!!!

bizagra said...

Dr sir...mr. Hari talking abt ss crossover on hrly...can i take it as entry for positional..as u know missed jnsar entry..Thx

DKG said...

Who is buying??

SJkolkata said...

where is sujatha Mam & PT sir

Dinesh Rishi said...

bizagra

Yes you can

Ilango said...

New Post Done.

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