Master one trick only

[jetking]

I got long at 760 at 11 am and added at 780 at 13.45 ...810,820 were good targets to get of , playing breakouts in a range is just a waste of nifty points , in a ranging market get long when fear is maximum and short when greed is maximum simple trades maximum efficiency.

Great...........

and how would we define,at which point,fear/greed is maximum

 

[milind857]

go to 4shared,com and search ytc pat

Thanks a lot Jet king i have downloaded the book but have to use my google account for that ...in bet where is Avny these days... ?

 

[ryan4ucar]

Great...........

and how would we define,at which point,fear/greed is maximum

there are many factors i use to determine this cant be written in a post , but most importantly i determine whether the instrument is ranging or trending .Looking at a higher time chart in this case after the 1st low it goes up and stays in a range it tries to go low the next 2 times but fail , in a ranging market the best risk reward trades are done when new lows or highs are not formed start a position on the failure and add as it goes in ones favour.

6750 held by the nifty futures on 30 min chart , the insturment is in a range in the higher time frame

 

[ryan4ucar]

I would define the drop to 90 as fear in a ranging market long over there

 

[jetking]

 

[worthless]

TRADE ENTRY-FLOW DIAGRAME (CUT-PASTE FROM NET)

Reminder

 

[ryan4ucar]

Reminder

perfect!!! a good way to remember is print it and place right in front of ur eyes

 

[ryan4ucar]

good trades i got stoped out of my long and reverted to short below 50 seeing the volume if this stays below 50 wont be good news next few days

 

[jetking]

 

[RAAMAKANT]

Nice trades jetking. Which TF you use to trade ?