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#1225
12th November 2007, 03:28 PM
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Re: Todays Buy Levels
Vol came at 2.25's bar in ABB ; calculate at Nifty (-) 1.5% if ABB longed how much is the earning.
Last edited by uasish; 10th August 2008 at 11:45 PM. 
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#1227
12th November 2007, 10:30 PM
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Re: Todays Buy Levels
As per your rule, you would have gone long only after price goes above the two horizontal lines. In that case, you would have made a small profit in orientbank and no profit in ABB. Kindly tell us at what price you would have enntered and exitted as per your rules.
Thanks.
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#1228
13th November 2007, 08:47 AM
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Re: Todays Buy Levels
Quote:
I think (from the previous posts ) the two horizontal lines are to do with position sizing and not trading signal. You can refer to the post where uasish has uploaded 10 charts and following posts describing the system. The above chart (obc) clearly marks the signal for long i.e the spike shapes on the bottom part of the chart. I think it is coinciding with the candle closing above the faint wiggly on the charts. Thanks nb
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#1229
13th November 2007, 08:57 AM
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Re: Todays Buy Levels
Quote:
Quote:
Refering to the obc chart, should there be buy signal around 3.00 pm? (signal you are refering as asish trigger for long). Do you ristrict fresh entry signals with some time criteria/rules, for e.g close all open trades by 3:!5 / 3:25 or do not take fresh position for ID after 3 pm etc. Thanks nb
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#1230
13th November 2007, 09:42 AM
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Re: Todays Buy Levels
Quote:
Yes i close all my open trades before 3.29 but i do not hesitate to take trades even at 3.25 if there is a signal.
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