LKG Strategy It Works !!!!

[angira]

Today,
CRUDE Range 3230-3222 sell trade executed@3219
TGT Done.

angira...

 

[kcsusha]

Dear GoldenTrader,
Please tell the time for Gold Futures. Is it same as 11.30 to 11.45 AM?

 

[marimuthu13]

Dear GoldenTrader,
Please tell the time for Gold Futures. Is it same as 11.30 to 11.45 AM?

what happened to NIFTY future today?

 

[mohit1683]

Would anyone like to explain his understnding of Golden's strategy for data day?

Sent from my Z1 using Tapatalk

 

[kcsusha]

Marimuthu Sir,
Today 11.30 to 11.45 Candle--Low 9068 High 9075
Bought 9080 and Sold 9090 ( paper trade )

 

[Purushotham]

what happened to NIFTY future today?

As per my understanding High/low of nifty future 11:30 to 11:45 is 9083/9070

Buy above 9084 triggered at 12:19, tgt 9094 achieved at 12:46.

 

[GoldenTrader]

Today's 5:30
High 3135
Low 3128


Step 1 - Initiated @ Sell 3126
Step 2 - Initiated @ Buy 3137


It will go in the Direction of Step 3 ie Sell side when data is Released.

So Our Entry is Reverse entry of Step 2 + 5 points

ie Sell @ 3142
Tgt 25 points ie 3117
Tgt Achieved

Leaving u All
BYE

 

[vijkris]

Packed with this knowledge i try for a nice job.

Because my family doesnt like/Support to become a Full time trader just sitting before the Laptop and earn. They even dont like/accept this Field. They are saying that it's Gambling money even if the MTM is +ve.

Since i Felt that My Research should nt become waste, i shared my research with Traderji members.

Thanks to all Supporters. and continue ur post with trades so that others could benefit......

If Time permits, i will post the remaining research for positional trader as well.


Signing Off from Traderji

Kalyan1978.....

:thumb::thumb::thumb:

hi gt bhai,
Hope u did not leave the forum.
Nice thread..:thumb:
Myself being a tubelight, will take some time to understand.
I use 1 hr opening range for mcx as it has long working hours.

Just earn more money than all ur family members.. Surely they will support u. :thumb:
All the best!!

 

[pannet1]

are you serious?? If you are making money I don't think you can quit.
Trading is one way street. Once you in and there is no way out whether you are loosing or winning

P.S: btw I personally don't endorse your strategy as it is martingale but still respect others traders style. Most important in trading is do your own thing.

some form of martingale in the strategy is the only way to win faster. that's how big boys play. these are not my view. this is from one of the biggest in the industry.

what the thread starter demonstrated is just one level of play. you could actually take it to multiple level depending on your account size / lot size ability to be unaffected by the emotions.

the problem with maths is it just talks about probability. but we know in trading that if a trade goes against you and if you change direction .. repeat this .. how far can you be wrong ... if you are given a choice to change the lot size depending on how up or down you are in your equity ...

another problem with maths is that it assumes that you hit SL in the first trade then you flipped. in real scenario you never close any trade including the loss making ones .. how many times we have bought .. it goes into loss .. we close it .. then we sell .. then it goes back to the original direction.

these are just part of the MO ... as per the holy grail of trading. any one interested just check my signature. i will repeat this thousand times like a mad man .. unless you are a successful trader.

 

[Purushotham]

As per my understanding High/low of nifty future 11:30 to 11:45 is 9083/9070

Buy above 9084 triggered at 12:19, tgt 9094 achieved at 12:46.

Today also hit the target. High/low of nifty future 11:30 to 11:45 is 9092.90/9085.60.

Sell below 9084.60 triggered at 11:50, tgt 9074.60 achieved at 13:02.