LKG Strategy It Works !!!!
- Thread starter GoldenTrader
- Start date
Today's High Low of 5:30 to 5:45 pm is
High 3205
Low 3196
Place SL Buy at 3207 Order Qty 1
Place SL Sell at 3194 Order Qty 1
3194 Executed Qty(1). changed SL Order Qty of 3207 from 1 to 3. Tgt should be 3184.
3207 Executed Qty(3). changed SL Order Qty of 3194 from 0 to 9. Tgt should be 3220.
TGT Hit 3220.
That's all Trading Completed.
Chart
High 3205
Low 3196
Place SL Buy at 3207 Order Qty 1
Place SL Sell at 3194 Order Qty 1
3194 Executed Qty(1). changed SL Order Qty of 3207 from 1 to 3. Tgt should be 3184.
3207 Executed Qty(3). changed SL Order Qty of 3194 from 0 to 9. Tgt should be 3220.
TGT Hit 3220.
That's all Trading Completed.
Chart
Thanks for your wonderful strategy and would like to know the following to clear my doubts.
As per the strategy the target is 10 points but on 13th March (Post No.2) you have mentioned target 3220 against buy @ 3207 i.e. 13 points, any reason that?
Further, the difference of buy n sell prices as per yesterday's 5.30-5.45 candle was more than 30 points, hence, if sl trigger in first trade then second trade with 3 lots could not even cover loss of 1st trade. Please advise how to handle it.
Once more query is whether this strategy worked daily for Copper or only works on Crude Data day?
Awaiting to hear from you.
Last edited:
Second Entry
Today's COPPER High Low of 03:30pm to 03:45 pm is
High 387.3
Low 386.75
Place SL Buy at 387.40 Order Qty 1
Place SL Sell at 386.65 Order Qty 1
Executed Price 386.65 Qty 1. Changed my SL Qty to 3 @387.4 TGT 385.65
Executed Price 387.40 Qty 3. Changed my SL Qty to 9 @386.65 TGT 388.40
TGT will be @ 5:30 - 5:45 pm which side ??? 3 or 9 ....
finally 3 wins
Tgt Hit 388.4 :thumb:
Waiting for 8:45 pm
Today's COPPER High Low of 03:30pm to 03:45 pm is
High 387.3
Low 386.75
Place SL Buy at 387.40 Order Qty 1
Place SL Sell at 386.65 Order Qty 1
Executed Price 386.65 Qty 1. Changed my SL Qty to 3 @387.4 TGT 385.65
Executed Price 387.40 Qty 3. Changed my SL Qty to 9 @386.65 TGT 388.40
TGT will be @ 5:30 - 5:45 pm which side ??? 3 or 9 ....
finally 3 wins
Tgt Hit 388.4 :thumb:
Waiting for 8:45 pm
Earn More with this Method ???
Logic is Hidden inside the first post itself.
Some Story Before Logic needed.
In International mkts, Liquidity is provided by Big banks to Big Players on daily Basis they have to repay the amount in end of the day, otherwise their interest will be high like SWAP in Forex. They have a common method when Retailers/Small Players SELL they go for BUY, and vice versa.
For that they create traps either BULL or BEAR they exit safely always.
Thinking from Big Player's Side
Intraday is categorized as Follows
First half.
Second half.
Most Ppl win in morning but lose in evening session. this is because price will move acc to Technical Analysis as like theory. So beginners could easily get profit. Surely their volume will increase because of commitments and get flash out in evening session.
Coming to the point.
We Watch time period of
Daily
H4
H
30M
15M
5M
1M
in charts is n't?
We are now going to look for the opening Candle (15 Min) for the Time Frame
12H
6H
5H
which others dont see.
That Time Period will be as Follows
12H - 5:30pm Most Powerful time
6H - 11:30 am, 5:30pm, 11:30pm Medium Effect
(11:30pm Ignore as Our Intra Positions will be closed )
5H - 10:30 am , 3:30 pm, 8:30 pm Medium Effect
Entry and Exit Time is according to their respective time periods.
(for ex if u buy/sell at 3:45 pm it falls under 5H, so exit should be before 8:45pm
Tgt will be achieved 99.99%)
We Found out the Time periods
10:30 am , 11:30 am . 3:30pm , 5:30 pm , 8:30 pm
Logically i dont want to hurt my Capital , so i am ignoring the first time period 10:30 am as it would be easier to analyse the first time period how it behaves.
now you got 4 time periods Each entries could earn totally Rs 3000 - 4000 / day for ur Capital.
All the Best.
Coming Soon
1.What would i do, if the Candle is Big during that time period like today?
2.How the Data Candle for crude would be? could we predict that? YES - 20 Points Rs 2000 in Secs.
3.Post Inventory Method on Crude 10 Points(many might heard of this logic Selling for Rs 5000)? Again Rs 1000 in your pocket.
KalyanaSundaram K.M
Logic is Hidden inside the first post itself.
Some Story Before Logic needed.
In International mkts, Liquidity is provided by Big banks to Big Players on daily Basis they have to repay the amount in end of the day, otherwise their interest will be high like SWAP in Forex. They have a common method when Retailers/Small Players SELL they go for BUY, and vice versa.
For that they create traps either BULL or BEAR they exit safely always.
Thinking from Big Player's Side
Intraday is categorized as Follows
First half.
Second half.
Most Ppl win in morning but lose in evening session. this is because price will move acc to Technical Analysis as like theory. So beginners could easily get profit. Surely their volume will increase because of commitments and get flash out in evening session.
Coming to the point.
We Watch time period of
Daily
H4
H
30M
15M
5M
1M
in charts is n't?
We are now going to look for the opening Candle (15 Min) for the Time Frame
12H
6H
5H
which others dont see.
That Time Period will be as Follows
12H - 5:30pm Most Powerful time
6H - 11:30 am, 5:30pm, 11:30pm Medium Effect
(11:30pm Ignore as Our Intra Positions will be closed )
5H - 10:30 am , 3:30 pm, 8:30 pm Medium Effect
Entry and Exit Time is according to their respective time periods.
(for ex if u buy/sell at 3:45 pm it falls under 5H, so exit should be before 8:45pm
Tgt will be achieved 99.99%)
We Found out the Time periods
10:30 am , 11:30 am . 3:30pm , 5:30 pm , 8:30 pm
Logically i dont want to hurt my Capital , so i am ignoring the first time period 10:30 am as it would be easier to analyse the first time period how it behaves.
now you got 4 time periods Each entries could earn totally Rs 3000 - 4000 / day for ur Capital.
All the Best.
Coming Soon
1.What would i do, if the Candle is Big during that time period like today?
2.How the Data Candle for crude would be? could we predict that? YES
- 20 Points Rs 2000 in Secs.3.Post Inventory Method on Crude 10 Points(many might heard of this logic Selling for Rs 5000)? Again Rs 1000 in your pocket.
KalyanaSundaram K.M
Have a Nice Trading,
angira...
@Dipendu
Ans : If the Candle Size is < 15 the breakout tgt will be min 10 points or size of the candle. but i normally Catch 10 points (kept as Discipline).
On that Day Candle size is 13
@ankur too.
If it is more like 30 points , First you have to look at the previous Time period of 5:30 pm ie 3:30 pm. If the TGT for that time period(3:30pm) is reached just before or on time of 5:30 candle, you could go for First Entry without fear Tgt will reach 95% without hitting Stoploss. Stoploss will be midpoint+1 ticksize of that candle.
By chance 5% if u feel it will go against ....
(Could Handle that too by making it as profit by selecting Alternative Symbol Copper)........
No!!!! U could do for all days. But the Problem is...
If Any Data for Base metals comes during evening time, it gives spikes Hitting our stoploss making Tension . On that time Candle body should be calculated for 1,3,9,27. So only changed to Copper on crude Data day. But Today Crude gives TGT like Laddu. Normally it doesn't.
Ans : If the Candle Size is < 15 the breakout tgt will be min 10 points or size of the candle. but i normally Catch 10 points (kept as Discipline).
On that Day Candle size is 13
@ankur too.
If it is more like 30 points , First you have to look at the previous Time period of 5:30 pm ie 3:30 pm. If the TGT for that time period(3:30pm) is reached just before or on time of 5:30 candle, you could go for First Entry without fear Tgt will reach 95% without hitting Stoploss. Stoploss will be midpoint+1 ticksize of that candle.
By chance 5% if u feel it will go against ....
(Could Handle that too by making it as profit by selecting Alternative Symbol Copper)........
No!!!! U could do for all days. But the Problem is...
If Any Data for Base metals comes during evening time, it gives spikes Hitting our stoploss making Tension . On that time Candle body should be calculated for 1,3,9,27. So only changed to Copper on crude Data day. But Today Crude gives TGT like Laddu. Normally it doesn't.
Last edited:
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