nifty swing trading ideas without TA

[satyen2073]

helloooooooooooooooooooooo
where r all frids? wel why stop post? keep posting .. plz

 

[horizon99]

ya.. Gurmy, atleast keep posting MOM P/L with this style of trading.
We are now emotionally attached to this thread. and don't want it to abondon like this.


Regards

 

[gurmy.]

gurmy ji pls come to your thread again please,
http://www.traderji.com/swing-tradin...hout-ta-3.html

request,

thanks for your interest but as i stated earlier that i have shared what i knew

so till i have something to improve this strategy,there is no use of continuing

if u or anybody has some ideas to improve furthur,kindly share here and we can discuss that

thanks

 

[satyen2073]

hi
wts is sl for yeasterday buy ?

13 march 2013 5893--5842 high low
14 march 2013 5920--5791 high low
15 march 2013 5945--5861 hihg low
now buy on 15 march coz last 2day high coross so wts wil be sl for tht buy?

 

[vinst]

hi
wts is sl for yeasterday buy ?

13 march 2013 5893--5842 high low
14 march 2013 5920--5791 high low
15 march 2013 5945--5861 hihg low
now buy on 15 march coz last 2day high coross so wts wil be sl for tht buy?

for profit booking lots, SL is 20 points below the buy point.
For the other lots, buy would have been closed at end-of-day since nf did not close above the buy point.

 

[satyen2073]

means? not understand i fu know plz reply in hindi plz . cant understand wts u said end of day close .? nf?

 

[gurmy.]

MAGIC TRADING SYSTEM

http://www.brameshtechanalysis.com/2013/03/ed-seykotas-magic-trading-system/

 

[satyen2073]

hi...
wts to do when market open in GAP like today? wts to do?

 

[vinst]

Hi Gurmy and jamit_05,

in past few days, peculiar situation has occurred.
NF in short trade. the current day makes a low below the low of previous 2days and then rises to hit the SL of short (long trade not reached). subsequently, NF falls below low of the day till then. In such a situation, should NF be re-shorted below low of prev 2 days or below low of today till then?
e.g.
(i)
19-Mar-2013 5863 5869.45 5736.55 5751.9
20-Mar-2013 5735 5758.55 5701 5715.5

On 21-Mar-2013, NF opened @ 5729.9, made a low of 5681 and then went abv 5759 to hit short SL and reached up till 5772. Subsequently, 5681 was breached and NF fell till 5655.05. Should we have re-entered short below 5701 or 5681?

(ii)
21-Mar-2013 5729.9 5772 5655.05 5664.45
22-Mar-2013 5660 5707.6 5641.95 5668.4

on 25-Mar-2013, NF opened at 5700 and hit short SL at 5708 and then fell below 5642. re-shorting was done below 5642. This was a 'more' normal case.

please give your suggestions for (i) and confirmation of action in (ii).

thanks,

 

[gurmy.]

Hi Gurmy and jamit_05,

in past few days, peculiar situation has occurred.
NF in short trade. the current day makes a low below the low of previous 2days and then rises to hit the SL of short (long trade not reached). subsequently, NF falls below low of the day till then. In such a situation, should NF be re-shorted below low of prev 2 days or below low of today till then?
e.g.
(i)
19-Mar-2013 5863 5869.45 5736.55 5751.9
20-Mar-2013 5735 5758.55 5701 5715.5

On 21-Mar-2013, NF opened @ 5729.9, made a low of 5681 and then went abv 5759 to hit short SL and reached up till 5772. Subsequently, 5681 was breached and NF fell till 5655.05. Should we have re-entered short below 5701 or 5681?

(ii)
21-Mar-2013 5729.9 5772 5655.05 5664.45
22-Mar-2013 5660 5707.6 5641.95 5668.4

on 25-Mar-2013, NF opened at 5700 and hit short SL at 5708 and then fell below 5642. re-shorting was done below 5642. This was a 'more' normal case.

please give your suggestions for (i) and confirmation of action in (ii).

thanks,

DEAR vinst,
as in this system, we are using s/l of 20 point only.so on a volatile day,if entry is taken, there are more chances of hitting s/l

but if we are following system then,we should take re-entry,if situation comes
only thing we can do is that we should keep the s/l (in case of 2nd entry)above the high of same day

hope this helps