S/r +price action+confluence+patience

Discussion in 'Position Trading' started by mmohanar, Apr 26, 2016.

  1. throwawayacc123

    throwawayacc123 Well-Known Member

    Joined:
    Dec 4, 2013
    Messages:
    1,214
    Likes Received:
    1,495
    Trophy Points:
    113
    mmohanar ji,

    I request you to post the charts in realtime as the signal appears and then the result of it.

    Please do not post after the fact charts. Everything & anything works after the fact.
     
    saakk likes this.
  2. vijkris

    vijkris Well-Known Member

    Joined:
    Mar 4, 2013
    Messages:
    3,710
    Likes Received:
    7,902
    Trophy Points:
    113
    Location:
    hyderabad
    bro, no offence but its difficult to post charts realtime and trade as well.
    i did learn new things here though charts r not realtime.
     
  3. throwawayacc123

    throwawayacc123 Well-Known Member

    Joined:
    Dec 4, 2013
    Messages:
    1,214
    Likes Received:
    1,495
    Trophy Points:
    113
    How is it difficult. he is trading weekly charts. Surely he can spend 5 mins to post a chart on a saturday or a sunday.
     
    vijkris likes this.
  4. mmohanar

    mmohanar Active Member

    Joined:
    Sep 14, 2014
    Messages:
    159
    Likes Received:
    165
    Trophy Points:
    43
    This setup works on all timeframe.but reccomandable time frame for this setup is daily and weekly chart by tradedude.

    Taking trades on daily and weekly charts we get big profits.smaller time frame gives small profits.

    If we want to test this method on daily and weekly charts on realtime then we have to wait for days and weeks to get results.

    Infact I don't have time to follow and post that trades.actually I am going to stop posting this thread soon with explaining some advance level with this method soon.


    Regards

    Mmohanar
     
    Last edited: Apr 29, 2016
    vijkris likes this.
  5. dreammerchant

    dreammerchant Well-Known Member

    Joined:
    Mar 25, 2016
    Messages:
    254
    Likes Received:
    322
    Trophy Points:
    63
    Location:
    chennai


    We should be willing to learn what's coming, nowadays it's hard to find ppl who share their ideas and thoughts, let hi. Do what best he can do... Take what best u can take ftom him... Don't take this as an offence...
     
    monkeybusiness and vijkris like this.
  6. throwawayacc123

    throwawayacc123 Well-Known Member

    Joined:
    Dec 4, 2013
    Messages:
    1,214
    Likes Received:
    1,495
    Trophy Points:
    113
    I m not taking offense at all.

    you see the problem is when you post any kind of chart showing a signal and move after the fact , it misleads newbies or anyone in to thinking something works and they chase that strategy like its the golden goose and end up losing money.

    If anyone wants to share their strategy , they should back it up with real facts and charts and not after the facts charts

    Trading business is filled with after the facts charts misleading countless people and we all know how that goes.

    So i hope mmohanor or anyone else should not take this post as an offense.

    and yes you can learn much much more from a real time chart than a after the fact chart and it will build confidence in your strategy if you study and learn real time charts from anyone.

    Anycase , it was just a suggest and its up to mmohanor to post however way he wishes. he can ignore my request completely , no offense taken.
     
    DSM, vijkris and dreammerchant like this.

  7. mmohanar

    mmohanar Active Member

    Joined:
    Sep 14, 2014
    Messages:
    159
    Likes Received:
    165
    Trophy Points:
    43
    Guys

    When I saw this method I was really impressed lot.
    And I learned fully and did real trading got success too.

    Very important in this method is how to draw support and resistance levels.if you draw support and resistance wrong then it all goes to wrong.

    If you want to become expert at this skill.you have to practice drawing support and resistance levels on more charts.

    This method is simple.

    Step by step

    1.draw support / resistance levels.
    2.look at price action patterns on s/r levels
    3.with at least 2 or more conflunces
    3.wait for price to reach the targets.
    4.book the profit

    That's all.

    Even I no need to explain further.but one can't adapt marking support and resistance skill by looking the charts only or already marked charts. They have to mark and practice on more charts.

    Confluences is nothing but you should know to apply bb,fib retracement,trend line,etc

    If any of two confluences ok then you can take trade confidently.

    All I posted here are my own style. Tradedude using ohlc chart.he feel candle stick charts are noisy look.but I like only candle sticks.

    Understand the concept take the the trade you will get success.

    One can learn directly from tradedude thread.even I don't need to explain further.

    Most of the basic things I explained already.


    Regards

    Mmohanar
     
    Last edited: Apr 29, 2016
    DSM, dreammerchant and vijkris like this.
  8. PUCHU_2500

    PUCHU_2500 Well-Known Member

    Joined:
    Mar 25, 2014
    Messages:
    638
    Likes Received:
    1,145
    Trophy Points:
    93
    Location:
    India

    mmohanarji,
    pls, upload some of your real time traded chart.......
     
  9. PUCHU_2500

    PUCHU_2500 Well-Known Member

    Joined:
    Mar 25, 2014
    Messages:
    638
    Likes Received:
    1,145
    Trophy Points:
    93
    Location:
    India
    yes brother, I am fool so I visited your thread......from now stop to visit....
     
    mmohanar likes this.
  10. mmohanar

    mmohanar Active Member

    Joined:
    Sep 14, 2014
    Messages:
    159
    Likes Received:
    165
    Trophy Points:
    43
    No more threads/posts from now
     
    Last edited: Apr 29, 2016
    DSM likes this.

Share This Page