Edge in Banknifty with a simple strategy

[anup]

Hi,
Is there anyone, who follows the Thomas DeMark strategy..? Is it worth applicable..?
Based on it, for today (20th Mon), I get Biocon, DLF, Ranbaxy, TataGlobal, OBC, Syndi and SunTV. Can anyone confirm it..?

Please refer the below thread for Thomas demark. You can put your questions there :

http://www.traderji.com/technical-analysis/23286-thomas-demark-sequential-system-87.html#post926565

 

[suri112000]

can u share ur strategy here in this post waiting eagerly:clapping::clapping::clapping::clapping:

Dear sparun,

Let me gain confidence before disclosing the strategy.

 

[suri112000]

I will be updating total points made and cumulative total of banknifty to assess the efficacy of the strategy.

20/1/2014 - +113 cumulative +113

 

[suri112000]

20/1/2014 - +113 cumulative +113
21/1/2014 - +74 cumulative +187

 

[trader_ks]

Eagerly waiting for your strategy..

 

[suri112000]

1. The market is always right.
2. There is unlimited potential for profit and loss.
3. Prices are in perpetual motion with no defined beginning or ending.
4. The market is an unstructured environment.
5. In the market environment, the reasons are irrelevant.
6. MM and RM are keys to market mastery.

 

[suhas.bhayekar]

Very good, i am waiting your strategy

 

[suri112000]

20/1/2014 - +113 cumulative +113
21/1/2014 - +74 cumulative +187
22/1/2014 - +123 cumulative +310

 

[suri112000]

As many are seeking disclosure of strategy, I would give a hint as to what the strategy is all about.

Please go through Opening Range Breakout Strategies by Toby Crabel. Some write up is given in this link http://beforeitsnews.com/financial-...offers-signals-for-quick-profits-2499394.html The strategy is modified with some rules readymade for my convenience and risk taking capacity. My rules may not be suitable for other traders hence not interested to detail about them atleast for the time being.

My suggestion is that - experiment with strategies outlined by Toby Crabel by changing some parameters like timeframe, breakout entry points, exiting the trade on SL hits / hit of targets, number of lots to be played. I am sure you would find a strategy which is profitable and more importantly suitable to your temparament.

 

[dineshknp]

As many are seeking disclosure of strategy, I would give a hint as to what the strategy is all about.

Please go through Opening Range Breakout Strategies by Toby Crabel. Some write up is given in this link http://beforeitsnews.com/financial-...offers-signals-for-quick-profits-2499394.html The strategy is modified with some rules readymade for my convenience and risk taking capacity. My rules may not be suitable for other traders hence not interested to detail about them atleast for the time being.

My suggestion is that - experiment with strategies outlined by Toby Crabel by changing some parameters like timeframe, breakout entry points, exiting the trade on SL hits / hit of targets, number of lots to be played. I am sure you would find a strategy which is profitable and more importantly suitable to your temparament.

Please share your setup or rules i.e. parameters like timeframe, breakout entry points, exiting the trade on SL hits / hit of targets, number of lots to be played.