Intraday Scalping Strategy

[rangarajan]

Rangarajan da,

My figure was on 10th may 2012.

soumen,
i dont have back data charts & hence if u post one day later,i am helpless

 

[rangarajan]

Hi Ranjarajan,

Yes, I take your words in right spirits , but i am a learning student of TA and after office hours I try to learn from this website and look at the intraday charts. Just a small question, please excuse me and ignore if its a silly question.

Regarding stoploss, you have said that you keep at 38%, so is it a 2: 1 risk reward ratio ? where you are scalping for 27%, but stop loss is 38% ?.

Best Regards,
Merchant

Merchant,
Technically u r right.
But most of the times,i had seen positive results & the risk we may call calculated.
A few times,i had shorted at 62% also & made profit.
By trading & observing,u will know.
As i said,90% success & even a Micro can make 10,000/rs/month.

Plus,follow my Inverse bar strategy also for consistent profit.

Best of luck.

 

[rangarajan]

After 10,cant we get a directional base of stock?For e.g we cant tell after 10:00,whether stock will move or down so on what basis position should be taken?

No,this is a Scalping strategy & not directional.

 

[pav]

Merchant,
Technically u r right.
But most of the times,i had seen positive results & the risk we may call calculated.
A few times,i had shorted at 62% also & made profit.
By trading & observing,u will know.
As i said,90% success & even a Micro can make 10,000/rs/month.

Plus,follow my Inverse bar strategy also for consistent profit.

Best of luck.

Hi Ranjarajan,
in which thread your Inverse bar strategy is..??

Regards

 

[merchantp]

Hi Ranjarajan,
in which thread your Inverse bar strategy is..??

Regards

Here it is

http://www.traderji.com/position-trading/69080-reversal-bar-cci-day-position-trading.html

 

[rangarajan]

Here is another Very successful Scalping & Positional Strategy using Fibonacci Table.

For this ,i use the Fibonacci Table(Attached) provided by CT.RameshRaja,obtained from Net.

Whenever,a stock closes,Below or Above a Fibonacci number from the Table,in a 15mTF,Go Short or Long Below/Above that Bar with the other value as S/L or till it again croses a Fib no or as per convenience.

Remember,it is a Scalp ,15TF & hence dont wait for huge profit.

For positional,take EOD value which could be used for intra also.
Best of Luck
http://www.imagebam.com/image/2347ed201436140

 

[reachjj]

Please attach the table...

 

[rangarajan]

While any no of charts could be posted in support,a random chart EOD of Jetairways is posted.

On 11th,stock closed below 385 at 383.9.
So,short<380,the Low of the bar,s/l may be the high of the day/bar at which 380 is breached.

The Low till now is 373.5, w/o triggering the s/l.

Relcapital,on breach of 377 on 6th, gave 364.1 on 7th.

Again breach of 377 on 11th & 369 on 13th,touched 358 on 13th.

Enjoy CTR's Fibonacci chart & Scalp

 

[soft_trader]

I request all traders to please vote here.

Thanks for voting. :thumb:

 

[g358220]

can u make an amibroker afl for this strategy