Shri's Technical Analysis

How usefull this technical is?


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#12
MY technical analysis details are as follows:

To maintain accuracy go for spooling HISTORICAL DATA FOR 200 days.
PRODUCT # SILVER MIC June 2013 expiry

Spooled data for _50____ Days.
Market beheavour known from the below:
3days average from bottom (H-L) (C-L) (O-L) (H-O)
745.66 476.33 361.66 385
Arrange 20days (HIGH/LOW/CLOSE/OPEN)merging together in ascending order.
13 dayss
HIGHs high___62550________
LOWs high_________62200___
LOWs Low_______60480___
12 Days HIGHs high (SELL) ___62550________
LOWs high (BUY) _______62200_____

PRIOR TO DEALING DAYs details:
OPEN:60860_HIGH:61770__ LOW: 60500 CLOSE:61714_
SELL@ weaker points from last 3days from bottom LOW: 60480_
BUY @ STRONGER points from last 3 days from bottom HIGH: 61770
ALWAYS sell below (O-L) average 3 days: 61238
Buy below (H-O) average 3 days: 61985

Average CLOSE PRICE for last 3 days 60969.66
Todays Open Yesterdays Close = TODAYS CLOSE (prediction of future close for current dealing market)
61600 - 61714 = 114
If Market Prices CLOSE 61714 below 13 days (SELL)
NOT BELOW 13 DAYS (BUY)
3days average (C-L) > (Yday Close Todays Low)SELL
476.33 > (60644 - 60500)
476.33 > 144

3days average (C-L) < (Yday Close Todays Low) BUY
3days average (C-L) = (Yday Close Todays Low)
(VOLATILE MARKET Strict STOPLOSS to be
maintained)
Remember: If (>) is accompanied by (-ve) answer SURE SHOT SELL but according to the points ONLY.
Results WILL BE 4 buys & 4 Sell transactions but PLEASE TAKE CARE of MARKET OPENING & MARKET PRINCIPLE (>,>_ , < & =)


Sell Stop Loss Target t2 t3
62550 63444 62425 62370 62280
60480 60516 60400 60300 60204
61238 61475 61100 61000 60900



Buy Stop Loss Target t2 t3
62200 61922 62370 62400 62550
61770 61550 61852 61922 62010
61985 61770 62051 62197 62292


http://www.4shared.com/account/home.jsp#dir=Ax4aSt81
 
#15
Interesting Thread and Trading Style....

Seems quite difficult to understand... But (if understood properly) easy to execute...

Will you please try to explain each steps in details? It will help all to understand your theory in better and easier way...
 

saivenkat

Well-Known Member
#17
Interesting Thread and Trading Style....

Seems quite difficult to understand... But (if understood properly) easy to execute...

Will you please try to explain each steps in details? It will help all to understand your theory in better and easier way...
I second it.. nothing gets in to my dull mind..:)
 
#20
Looking forward to your detailed explanation...
Spool data for 200 days for accuracy
3day average for bottom of OHLC (H-L) (C-L) (O-L) (H-O)
The above gives you the % uptrend & Downtrend of the market.
Sell @ Weaker point last 3 day bottom low
Buy @ Strong point last 3 day high
Always sell below (o-l) i.e today’s open – (O-L)
Always Buy above (H-O) i.e Todays’s Open + (H+O)
Average close price for last 3 days
Prediction of Close for the dealing day :
Today’s Open - Yesterday’s close = todays close
Market principle for Buy or Sell known by following:
IF Market’s close price _____ seen within 13 days (SELL)
Market’s close price _____ NOT seen within 13 days (BUY)
3 DAYS (c-l) >,< ,= y’DAYS Close – Today’s Low
If > Sell
If > - fig. Sureshot sell
If< Buy
If = HIGHLY VOLATILE don’t TRADE

The above theory CAN SURELY be used FOR INTRADAY.
Regards....vidhya
 

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