Traderji.com Kolkata Meet

Try the demo version of Captivate.

Mr. Iyer

I am using the same downloaded from four shared. My antivirus nod32 havent found anything like that.I am available at sunandoghosalat*****dotcom(gtalk).You can receive the stuff if we can be connected together.
Regards
Sunando

I have downloaded one file 5[1]._SAINT_I.part1 It is FLV file 55.3 MB size.I am unable to open .Can anyone help ?

I give you compliments for organising Kolkata meet. We always knew Kolkata for Howrah bridge,Theatre,Robindrasangeet,Rosogullas,Mohanbag an/east Bengal and now we know Kolkota as a reservior of trading talent. Great job done. Pl convey my good wishes to all the organisers and the fellow traders.

you need to download FLV player and open it using that.

http://www.softpedia.com/get/Interne...V-Player.shtml

Thanks Srinivas, i could D/L FLV player and view the file.Thnks for prompt reply.

Enjoy !!!!!

http://www.************/file/5188611...nts_Pivot.html

4 shared dot com

Can the Kolkata Meet Indicator be used in Day Trading.

If used inappropiately will have considerable influence in the outcome of your
trading plan.

We Trade Price,hence 1st of all we have to find the Greater Trend ,there a Longer
term say 144 period Weighted MA to find What is the Slope (-)ve or (+)ve.
Then say EoD pivots to find the General Trend.After we get the GT (Greater Trend)
by WMA slope & EoD Pivots we then look at current on going Trend.

Current Trend is strictly only by Saint's HH HL OR LH LL.

Here when we get the GT & CT ,we trade only towards the GT means whenever CT ,in its
wave form is towards GT we take only those trades.
Here we must also keep in mind the
Reaction areas ,that is EoD's R3 R2 R1 P S1 S2 S3 & EoD's Fib levels,becoz our trades
flow may get stalled or reversed on those reaction areas.

Say we get a workable few points ROOM between these reaction points,where both GT & CT
in same direction we take those trades.Maybe in 5& half hours there may be only 2-3
trades but we take only those trades no other trades.For consistence we look for High
probability trades only.

These trades have greater probability of Wins.

Now where Kolkata meet Indicator comes into picture.

It can work as a visual aid to identify the current trend of PRICE (HH HL LH LL)
Change of “slope” green/red will define Wave Highs and Lows (Sanjay coded that in Ami)
Here plz be clear the Indicator change in color is not Waves High Lows but the Price action
prior to that has influenced the indicator to change it's color hence High Low is in PRICE.
You don’t gain a lot but you can have nice quick visual reference of the current
direction.
You may reduce whipsaws on sudden price spikes that can point to “false”
lows/highs especially in fast timeframes or less liquid instruments.

What are the potential shortcomings?

None as long as you use it only as a visual aid.
If you are not careful you can misinterpret price and take a trade based only on
the indicator and not on price analysis + you may not take a valid trade because of the
indicator.

What is the Trade Off ?

You introduce an indicator
to improve efficiency and you end up losing consistency. There are millions of cases that
the opposite will happen; the indicator will get you in without exact confirmation of
price HH/LL but the key issue here is to recognize that every time you introduce an
indicator you will have to deal with this tradeoff. Moreover, it’s very important to
recognize the exponential implications of this in your trading plan. On a daily chart
where waves are naturally smoother but look at the potential implication of introducing a
25 HMA in a 8 tick chart where you can have 100 waves in 1 hour multiply that by the
implications of 2 or 3 indicators you may decide to use, you may end up in a net of
conflicting signals that will certainly be reflected in bad trading decisions.

2nd Use of the Indicator.

After all my job done that is GT CT ,Room between reaction points ,everything done
we still have to pull the trigger,put the trade.Any delay will reduce my r/r,hence we
need to TIME the Entry.

It can be above last bar high or below last bar low or crossing 50 % level of last bar.
This we will have to work out which suits me best.

Here the indicator may help,close above/below the indicator as a trigger or you can wait
for a conservative change of “slope” green/red for confirmation.
Once again inspite being a repetation ;we do not trade Indicators we trade Price it is just
a trigger.

What is the good of it?:
It can give you an objective entry point, reduce drawdowns and identify warnings that
the trade is going to be bad and/or clear exit signals.

What are the potential shortcomings?

Late entries and exits

So 1st GT then CT then ROOM after all these done objectively TIME the trade.

excellently explained by uasish.
kudos to him!!

Thanks,Sudip,but this one was for newbies.

the great thing ........this applied to any indicator...........
this is the only purpose of indicator.......
key word is potential and trade off..........
modern computer literate forget english.........also that cheap ca........[writer]....cv has to write...........uasish himself has to comment.......in my younger days ......i would have commented........first to bring a cmt certificate then to talk...........
this non earner....guesser still believe in myth of prediction...........so no comments.
............asishda..............see their level .........not yet read full of ur wisdom.......nor a survival of 2 bear cycle.
......................
with regards to cv,uasish,saint