Linkon's Day trading Strategy...!

[columbus]

I have been testing this method for some time and found the following results:

The average loss is about 7.5 points
the average gain is about 21 points
risk reward ratio is 2.8

out of 217 trades, 157 are winners, so that's a strike rate of 72%

On a trending day, this system is god... but on a trendless day, this system still gives about 25-30 points if all the trades are attempted...in lower TF of 1 min or 2 min....

..................on strong trending day ??????

 

[linkon7]

..................on strong trending day ??????

On a strong trending day.... we dont need a system.... :lol:

 

[linkon7]

5th Aug2009

We made a new higher PL at 4575.
It was a buy at 4694 when it crossed the upper band but its too early to take a call
Previous higher PH of 4698 broken,,,,
Made a new higher PH of 4711
10.18, 89 ema is at 4680 and PL is at 75
We are still trading at a discount but the discount is much lower
Upper band is at 95, lower band at 90, ema 89 at 80 and pl at 75
Sudden sell off. We are down to 84.
Now is it a buying opportunity or a selling. 81 is the 89 ema, 75 is the pl
Suddenly we are at a 10 point discount
First red candle
We are at 80down candle followed by up candle so 75 was a better entry trigger
Upper band is at 95 so the sl would be 20 points
We made a low of 77.5 can that act at the new PL.
75 short triggeredfor 2 lots
Placed buy at 65 for 1 lot
65 got executed
Ride of the other one
Now at 52made a new low 45
Sl modified to 68 at upper band
Sl at 63
We are seeing buying below 50
We made a new confirmed lower PL at 45
So its a ride with 70 at the sl now
Lets see if a lower PH is formed
Prices crossed the upper band
Lower band is at 52
Placed a sell trigger at 52
We made a high of 62 trading at 57 now
Band color turning green...
Sl of the long placed at 89emaat 67
Modified the sell trigger to 53as per lower band
Modified the sell trigger to 54 and the long exit at 67 (89 ema
Now at 55
Short not triggered yet
We made a confirmed lower PH at 62.7so the reversal will be at 66 (89 ema)
Short triggeredat 53.5
Placed a buy at 43.5
And a reversal for 4 lots at 65
Low of the day is at 42.7
So expecting plenty of long Sl theremodified the cover trigger to 39
39 hit.
Riding the other with a sl of 57(upper band)
What a sell off
34 nowmade a lower PL of 23
Previous PH is at 62.7, ema 89 at 58, so placed the reversal is at 63
We are at 41 now upper band is at 43.85, ph at 62.7, and 89 ema at 55
What a jump upto 54
Covering at 52
Placed 2 lots short trigger at 37 (lower band) and 2 lots buy trigger at 63 ( PH)
Got the first blue bar
Now at 62
Buy not triggered yet
11.58, Modified the short trigger to 43lower band
Short trigger at 45, now at 47 now at 48
Hit at 47
Placed buy order at 37 for 1 lot
We made a lower Ph but its just 0.70 points differenceso no big fall expected62-23 = 39, 68% = 35.48 so the bounce back tgt is 4635.48
37 hit
Low of 33.3 made
Sl placed at 46 upper band.
32.10 new low
Sl at 44
Sl hit at 44.30
Higher PL made at 4632.5, lower band at 39
12.28, Placed short trigger 2 lots at 32 and long trigger 2 lots at 48 (89 ema) since we made a higher PL
Came close to 47 and then sold off
Short triggered at 31.05
47-32 = 15 so tgt is just 22
Placed 1 lot cover at 18. 22 is the low of the day.
SL at 40 (upper band)
Gone. Sl hitafter making a fresh lower PL of 27.9
Long trigger hit at 49.5
Placed cover at 59.5 for 1 lot
Hit
What a jump up
Reversal at 45, placed for 3 lots
Made a new higher PH of 75
Selling off now
Reversal at 4950 now
Sl at 52 (lower band), 53, 55
Sl hit at 55
Short triggered at 50
Reversal at 61 now.,,,,upper bandas per 68% retracement 42 becomes the bounce back zone
Placed cover at 42
Hit a lower PL of 41.5
Reversal at 57 now
hit
Retracement placed at 64.12 and 51
Sl at 52
Exited 1 lot at 64
Made a lower PH of 67.8
Nifty playing hu tu tu with me.. now.
Reversal placed at 52
Hit
Reversal placed at 4668 the lower PH
Sl hit at 57lower band
Made a higher low of 50
Symmetrical triangle forming
64 and 53break out / break down
Buy triggered 2 lots at 65.
Sl hit at 60
Taking support at 54 and hitting resistance at 66
Placed short trigger at 48 and buy trigger at 70..
This is why rajendra says filter is essential. Point noted. This guy is goodreally good
54 broken but trigger not hitafter going to a low of higher PL of 50raju bhai saved a bad trade.
We touched 67 twice and 50 three times
70 buy triggered
Got rid of 1 lot at 80.
Riding the other with sl at 64
Got rid of the other at 83
Enough for the day

Number of trades =		16		Average profit		9.52	
Nos. succesful trades =		10		Average loss		-7.5	
Succes trade ratio =		62.50%		risk / reward ratio	 1.27 	
Expectancy = %of Winning Trade * Avrg Win amt - %of Loosing Trade * Avrg loss amt. = 140.2

							
					50.2	-45	95.2
Date	time	trade	entry	SAR	profit	loss	win
		sell	4675	4665	8		8
		sell	4675	4639	34		34
		sell	4654	4652	0		
		sell	4647	4637	8		8
		sell	4647	4644.3	0.7		0.7
		sell	4631	4640	-11	-11	
		sell	4631	4640	-11	-11	
		buy	4649.5	4659.5	8		8
		buy	4649.5	4655	3.5		3.5
		sell	4650	4642	6		6
		sell	4650	4657	-9	-9	
		buy	4657	4667	8		8
		buy	4657	4652	-7	-7	
		sell	4652	4657	-7	-7	
		buy	4670	4680	8		8
		buy	4670	4683	11		11

 

[praveen taneja]

On a strong trending day.... we dont need a system.... :lol:

hahahaha its true bro:rofl::lol::clap:

 

[praveen taneja]

5th Aug2009

We made a new higher PL at 4575.
It was a buy at 4694 when it crossed the upper band but its too early to take a call
Previous higher PH of 4698 broken,,,,
Made a new higher PH of 4711
10.18, 89 ema is at 4680 and PL is at 75
We are still trading at a discount but the discount is much lower
Upper band is at 95, lower band at 90, ema 89 at 80 and pl at 75
Sudden sell off. We are down to 84.
Now is it a buying opportunity or a selling. 81 is the 89 ema, 75 is the pl
Suddenly we are at a 10 point discount
First red candle
We are at 80down candle followed by up candle so 75 was a better entry trigger
Upper band is at 95 so the sl would be 20 points
We made a low of 77.5 can that act at the new PL.
75 short triggeredfor 2 lots
Placed buy at 65 for 1 lot
65 got executed
Ride of the other one
Now at 52made a new low 45
Sl modified to 68 at upper band
Sl at 63
We are seeing buying below 50
We made a new confirmed lower PL at 45
So its a ride with 70 at the sl now
Lets see if a lower PH is formed
Prices crossed the upper band
Lower band is at 52
Placed a sell trigger at 52
We made a high of 62 trading at 57 now
Band color turning green...
Sl of the long placed at 89emaat 67
Modified the sell trigger to 53as per lower band
Modified the sell trigger to 54 and the long exit at 67 (89 ema
Now at 55
Short not triggered yet
We made a confirmed lower PH at 62.7so the reversal will be at 66 (89 ema)
Short triggeredat 53.5
Placed a buy at 43.5
And a reversal for 4 lots at 65
Low of the day is at 42.7
So expecting plenty of long Sl theremodified the cover trigger to 39
39 hit.
Riding the other with a sl of 57(upper band)
What a sell off
34 nowmade a lower PL of 23
Previous PH is at 62.7, ema 89 at 58, so placed the reversal is at 63
We are at 41 now upper band is at 43.85, ph at 62.7, and 89 ema at 55
What a jump upto 54
Covering at 52
Placed 2 lots short trigger at 37 (lower band) and 2 lots buy trigger at 63 ( PH)
Got the first blue bar
Now at 62
Buy not triggered yet
11.58, Modified the short trigger to 43lower band
Short trigger at 45, now at 47 now at 48
Hit at 47
Placed buy order at 37 for 1 lot
We made a lower Ph but its just 0.70 points differenceso no big fall expected62-23 = 39, 68% = 35.48 so the bounce back tgt is 4635.48
37 hit
Low of 33.3 made
Sl placed at 46 upper band.
32.10 new low
Sl at 44
Sl hit at 44.30
Higher PL made at 4632.5, lower band at 39
12.28, Placed short trigger 2 lots at 32 and long trigger 2 lots at 48 (89 ema) since we made a higher PL
Came close to 47 and then sold off
Short triggered at 31.05
47-32 = 15 so tgt is just 22
Placed 1 lot cover at 18. 22 is the low of the day.
SL at 40 (upper band)
Gone. Sl hitafter making a fresh lower PL of 27.9
Long trigger hit at 49.5
Placed cover at 59.5 for 1 lot
Hit
What a jump up
Reversal at 45, placed for 3 lots
Made a new higher PH of 75
Selling off now
Reversal at 4950 now
Sl at 52 (lower band), 53, 55
Sl hit at 55
Short triggered at 50
Reversal at 61 now.,,,,upper bandas per 68% retracement 42 becomes the bounce back zone
Placed cover at 42
Hit a lower PL of 41.5
Reversal at 57 now
hit
Retracement placed at 64.12 and 51
Sl at 52
Exited 1 lot at 64
Made a lower PH of 67.8
Nifty playing hu tu tu with me.. now.
Reversal placed at 52
Hit
Reversal placed at 4668 the lower PH
Sl hit at 57lower band
Made a higher low of 50
Symmetrical triangle forming
64 and 53break out / break down
Buy triggered 2 lots at 65.
Sl hit at 60
Taking support at 54 and hitting resistance at 66
Placed short trigger at 48 and buy trigger at 70..
This is why rajendra says filter is essential. Point noted. This guy is goodreally good
54 broken but trigger not hitafter going to a low of higher PL of 50raju bhai saved a bad trade.
We touched 67 twice and 50 three times
70 buy triggered
Got rid of 1 lot at 80.
Riding the other with sl at 64
Got rid of the other at 83
Enough for the day

Number of trades =		16		Average profit		9.52	
Nos. succesful trades =		10		Average loss		-7.5	
Succes trade ratio =		62.50%		risk / reward ratio	 1.27 	
Expectancy = %of Winning Trade * Avrg Win amt - %of Loosing Trade * Avrg loss amt. = 140.2

							
					50.2	-45	95.2
Date	time	trade	entry	SAR	profit	loss	win
		sell	4675	4665	8		8
		sell	4675	4639	34		34
		sell	4654	4652	0		
		sell	4647	4637	8		8
		sell	4647	4644.3	0.7		0.7
		sell	4631	4640	-11	-11	
		sell	4631	4640	-11	-11	
		buy	4649.5	4659.5	8		8
		buy	4649.5	4655	3.5		3.5
		sell	4650	4642	6		6
		sell	4650	4657	-9	-9	
		buy	4657	4667	8		8
		buy	4657	4652	-7	-7	
		sell	4652	4657	-7	-7	
		buy	4670	4680	8		8
		buy	4670	4683	11		11

Ohh god so many trade u really have good nerve control ,patience and faith in god
god bless u bro cant say keep it up:lol:

 

[linkon7]

Ohh god so many trade u really have good nerve control ,patience and faith in god
god bless u bro cant say keep it up:lol:

I initiate with 2 lots, get rid of 1 at 10 points and ride the other... so effectively that makes it 2 trades...

 

[linkon7]

 

[linkon7]

CUES--

--Nifty August future discount converted in to premium of 11 points so cost of carry increased. (Bullish)
--Nifty open interest decreased by 9 lacs suggests long addition. (Total OI now at 2.38 cr)
--Nifty calls added 11 lacs and puts added 17 lacs in open interest. (Bullish)
--Nifty open interest put-call ratio is at 1.06.
--4600 puts had open interest of 29 lacs and 4700 calls had open interest of 34 lacs, so 4600 and 4700 will be important levels to watch for.
--India VIX closed at 36.7, decreased by 0.3% suggests stability. (Bullish)
--In Nifty stocks, advance-decline ratio is at 22/28. (Bearish)

 

[linkon7]

6th August
We opened gap down at 4682 and made a high of 4682.9, we made a low of 4665.15
Placed sell trigger at 65 for 1 lot…
Triggered…placed sl at 82, lowered to 78, 77
covered at 54….
Trading at 62 now… made a lower PL of 51
So, upper band at 67, ema 89 at 81, pivot high is at 4721…
Yesterday’s premium vanished…
Made a new lower PH at 71.9
We made a higher low at 4653…
So long at 4675 and short at 4650…3 points filter
Long triggered at 75.5…sl at 68…
We made a high of 4677
Sl hit…reversed…at 67…2 lots
Made a higher PL at 65
Sl at 77….
Modified it to reversal at 80
We made a lower Ph at 75.5
Placed exit for 1 lot at 57
Made a lower Pl at 60.1
Upper SL hit and reversed wt 2 lots…
Placed Reversal at 60
Made a new higher Pl of 67
Lower PH of 76.5
Looks like another day like the past 2 days…. Whipsawing…
Took support at 65.5 again
Great.. we are up now…


Placed exit for 1 lot at 90…
Made a high of 88.55 and reversed…
Exited 1 lot at 85…
Sl placed at 78..
Sl hit
Placed at short at 60 and a long at 90…
Made a low of 67
90 hit…
We broke 4700 today…again
Sl modified to 92
Came this close to sl being hit..
Higher Pl made at 4693
Exited at 4720…
Placed short trigger at the 4714
Again sideways movement
Kadiyali think we will recover towards the end…
14 hit…2 lots
Sl at 25…
Hit sl…
Placed short trigger at 4707…the PL
Hit…1 lots
What a sell off
Covered at 51…
Placed a short trigger at 49…
What happened…
Mansoon 66% below normal…
That cant be a reason…
49 hit…1 lot
Covered at 4575…

Number of trades =	11		Average profit	33.2	
Nos. succesful trades =	5		Average loss	-11	
Succes trade ratio =	45.45%		risk / reward ratio	       3.02 	
				Expentancy	232	
							
 	 	 	 	 	100	-66	166
Date	time	trade	entry	SAR	profit	loss	win
		sell	4665	4654	9		9
		buy	4675.5	4668	-9.5	-9.5	
		buy	4675.5	4668	-9.5	-9.5	
		sell	4667	4680	-15	-15	
		sell	4667	4680	-15	-15	
		buy	4680	4685	3		3
		buy	4680	4678	-4	-4	
		buy	4690	4720	28		28
		sell	4714	4725	-13	-13	
		sell	4707	4651	54		54
		sell	4649	4575	72		72

 

[linkon7]