HINDUNILVR longIn yesterday's trading session price gave a breakout from the range. if 1-2 candles sustain above the breakout zone. Then it can be a trending move.
Disclaimer - I am not a SEBI-registered technical analyst and advisor so contact your financial advisor and make a self-decision. I will not be responsible for any profit and loss
Tradingsystem
How to find High Probability trades? Hi all, hope you guys are doing well. It’s been a long time since I last posted. Apologies for that. 🙏
In this post, we are going to see how we can combine different indicators/concepts to create confluence zones and find high-probability trades.
Introduction
A trade that has a greater chance of success than a regular trade is called a high-probability trade. Obviously, it's our assumption that some trades have higher chances of success as compared to others because they have more supporting factors. Nevertheless, a high probability trade can also result in a loss.
How to find high-probability trades?
There are a few things that you can observe to find a confluence of various important factors such as a support/resistance level, demand/supply zone, Fibonacci level, moving averages, volume, RSI, etc.
Depending on your knowledge and trading style, the confluence zone can be derived using a combination of various different concepts or indicators. In this post, I am going to share the factors that I look at for finding good trades.
How to find confluence zones?
In order to find the confluence zones, you need to understand the concepts and the indicators, then combine them together to create the whole picture. It's like building a jigsaw puzzle - first, you need to identify the individual pieces, and then you need to put them together.
Let’s dive into all of these concepts one by one.
1. Market structure
Market structure is simply a basic form of understanding how the markets move . The price action is how the market moves based just on price, without the consideration of trends and how they may continue. But the market structure is focused mainly on the trend.
I have covered market structure in various different threads that you can read here:
2. Consolidation before Breakout
If a stock consolidates before giving a breakout, there are higher chances that it will be a true breakout. This is because all the residual supply gets absorbed at the resistance zone and most of the pending demand orders get filled.
Ideally, once a stock goes into consolidation, one of the two processes occurs:
Accumulation
Distribution
In layman’s terms,
- If demand is more aggressive than supply, then the price rallies, which confirms accumulation.
- Similarly, if the supply is more aggressive than the demand, then the price falls down, which confirms distribution.
If you are struggling with identifying the breakouts, be sure to read this post.
3. Support-Resistance levels
S/R levels are critical parts of trend analysis because they are used to highlight important zones. The fact that these levels flip roles between support and resistance can be used to determine the range of a market, trade reversals, bounces, or breakouts. These levels exist due to the influx of buyers and sellers at key junctures.
Flip zone acting as resistance:
Flip zone acting as support:
If you are looking for an in-depth tutorial on support and resistance, please check out my old guide here:
4. Supply-Demand zones
S/D demand zones are one of the most important things that I look at while charting. The stronger the S/D zone, the higher the chances of a reaction. Always look for these zones in the direction of the major trend.
5. Location of 200MA or 200EMA
Always observe the position of 200MA/EMA with respect to price. Once the price interacts with the moving average, study the reaction. If you are looking for a long trade, then look for a positive reaction as the price reacts with the moving average.
6. Overlap with a Fibonacci level
A lot of times, the price will come back to a Fibonacci level. You need to observe the price behaviour near these levels.
If you are not familiar with the Fibonacci tool, please check my old guide on Fibonacci retracement and extension.
7. Candlestick pattern and the size of the candles
The candle spread plays an important role in determining the strength and mood of the underlying trend. In layman's terms, big-bodied candles indicate strength and small-bodied candles act as noise.
In any case, the candlestick pattern and candle spread should only be viewed at an important level. The context plays a crucial role.
8. Chart patterns
This is pretty self-explanatory. If you trade patterns, you can combine them with other factors to strengthen your analysis.
9. Volume expansion
Ideally, at the time of the breakout, the volumes should rise . The volume can be deceiving and we need to see orderflow for a clear picture. Obviously, the majority of us are not looking at the orderflow and hence the volumes can be deceiving. But, for a normal trader, the simple volume indicator is more than enough.
So, these are mainly all of the factors that I look at while analyzing the charts. Please note that the usage of the concepts will vary with charts. Sometimes only 3-4 factors may be at play and the other times, 6-7.
High Probability trade checklist:
1. Market structure
2. Consolidation before the Breakout
3. Support-Resistance levels
4. Supply-Demand zones
5. Location of 200MA or 200EMA
6. Overlap with a Fibonacci level
7. Candlestick pattern and the size of candles
8. Chart pattern
9. Volume expansion
In the example above, you can notice the following things:
1. The market structure was bullish before the breakout, which was evident from the formation of higher highs and higher lows. Don't confuse the internal structure (Low time frame structure) with the external structure (High time frame structure).
2. The price was consolidating in the rectangle/parallel channel for a good amount of time.
3. When the price reached the previous demand zone, the selling pressure started to decrease and the buyers started to step in.
4. When the price interacted with 200MA/EMA, there was a strong reaction to the upside. This means that the buyers want to take the price higher.
6. The buying interest can be seen by an increase in the volume in the last few sessions before the breakout. The volume can be deceiving and we need to see orderflow for a clear picture. But in general, you do not need to complicate this, just use volumes in conjunction with other factors.
7. We always look for some reversal or indecision candlesticks in the confluence zone. In the chart above, at the point of interaction with the moving average and the demand zone, we can see the formation of exhaustion candles.
Again, we need to look at these patterns only at specific important levels (like support or resistance levels) and disregard the formations in between the levels.
8. When the price broke above the previous major resistance with a massive bullish candle, there was a heavy volume expansion.
More examples:
You can read and revise this post until you understand all the concepts.
Thanks for reading. I hope you found this helpful! 😊
Disclaimer : This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Happy learning. Cheers!
Rajat Kumar Singh (@johntradingwick)
Community Manager (India), TradingView
Gap up / gap down intraday strategy with simple entry / exitI get queries from a lot of people who don't want to study technical analysis much.
They're just focused on getting a predefined trading strategy, which they can use effectively in the market without looking much at the charts .
So, in this video, I share a strategy which has been given really good results and it works a lot of times and I believe the probability of this particular strategy is close to around 65 to 70%.
It has simple entry and exit rules, and you can only apply this particular strategy when the market opens gap up or gap down.
See, whenever the market opens gap up or gap down, there is high volatile period of the market during the beginning half an hour or an hour.
And in that period of time,if you place a trade, then you have a good probability if market moves as per expectation.
As you can see these days, nifty and back nifty have been creating gap up and gap down opening almost on a daily basis.
In this case, the first rule is that if the market opens gap up by more than half a percent.
So for example, if bank nifty opens gap up by more then 200 points. , then only you can apply this strategy.
And on the other hand, if nifty opens gap up or gap down by more than 50 or 60 points, then only you should think of applying this particular strategy.
Small gaps do not count in this strategy.
So if bank nifty gaps down or gaps up by only 50- 60 points, then avoid this strategy altogether.
See, whenever the market is opening gap up or gap down, there are two possibilities.
The market might continue the current trend.
For example, if the market opens gap up, the chances are that the market might move higher, or the other possibility is that the market might go sideways the whole day.
So ,in this case, whenever you see the market opening gap up or gap down by more than half a percent, just have to follow this simple procedure.
Just plot the 15 minute chart with a 20 exponential moving average.
Why 20 exponential moving average because the market usually gets good support and resistance around the 20 moving average.
You can expect the market to stall around the moving average for a lot of times if you take a trade.
So ,you just have to plot the 15 minute chart, and if the market gaps up or gaps down, you just have to watch the first 15 minute candle.
So if the market opens gap up and it forms a bullish candle.
Then , what you can do is you can sell puts if price breaks the first 15M candle high. You can sell puts with the stop loss at the low of the candle.
If the market comes below the low of the candlestick the first 15 minute bar, then you exit your position and book the loss.
Why sell puts?
The idea behind selling puts is that during the first 15-30 minutes, the volatility is on a very higher side during that period.
And if at that point of time you start to sell options, then with the passage of time, as the market starts to move sideways, the volatility reduces.
And, what occurs is a concept called IV Crush.
The volatility starts to reduce very quickly and that will give you a benefit if you sell a put, even if the market goes sideways.
So for example, the market formed a very big bullish candle, and the criteria is if it crosses the high of the candle ,sell puts .
So, the whole day, if the market is moving sideways/upwards , the volatility crush will start to happen.
And with the passage of time, you'll start to see the benefit of the IV Crush and the time decay.
So this is a very handy strategy which you can apply.
Always remember, keep the stop loss below of the first 15M candle.
It's a very effective technique, and it's based upon gap openings.
And ,the first 15 minutes usually tell us who is on the stronger side, who's winning , buyers or sellers.
So make sure the gap is big and whatever bar is being formed in the first 15 minutes.
If the bar is bullish, you sell a put If the price crosses the high of that candle stick, and stop plus below the low of that candlestick.
It's an effective rule based strategy and you can back test it on nifty and bank nifty.
And you can also check its reliability, its effectiveness, you can also add this particular strategy in your tool kit.
So I hope this strategy will provide some sort of value to you in your trading.
And if you find the video helpful, don't forget to like this and share it and also comment your thoughts.
Thank you very much and take care.
Would You Stake Yourself?Hey everyone! 👋
Last week, we took a look at a hypothetical scenario, where a rich acquaintance of yours needed help deciding between two traders he's thinking about staking. This led to the question: "Who would you stake?".
This post will continue right where that one left off.
-
After getting the contact info, you reach out to interview the two traders.
You speak with Trader #1 , and he appears to be quite intelligent, with wide and deep market knowledge. He’s shown you a few market predictions that he’s already gotten correct, and walks you through how he finds opportunities. You’re impressed.
You speak with Trader #2 , and he also appears to be quite intelligent, with broad market knowledge, in addition to a history of profitable investment/trade ideas. He walks you through how he finds opportunities, and, similar to Trader #1, you’re quite impressed. In addition, he also presents you with written details about how he plans to manage risk, his maximum drawdown, and a whole litany of other clearly defined rules that keep risk under control and quality trade ideas coming.
Assuming we are still in the position of choosing which trader to stake, most, if not all, individuals in this situation would pick Trader #2 because of his attention to preparation and risk control, in addition to having a ‘business plan’. Trader #1 may be smart and highly capable, but he’s shown no evidence that he has a process to continually generate good trade ideas while ensuring that he doesn’t lose everything. Trader #2 has “done the work”, and proven that he’s worthy of the capital.
-
Whether they know it or not, anyone who manages their own money is constantly faced with the same decision. If you step outside of yourself, are you more like trader #1 or #2? Is your trading plan worthy of investment? Would you invest in someone else who’s taken the same trades that you have? Does that person have a plan? Have they “done the work”?
Keeping yourself honest about what is working and what isn't is a superpower!
Hopefully, this emphasizes the importance of building a trading plan. Next week we will take a look at what factors are typically needed in order to build an effective one.
If you’re not like Trader #2, comment below about the steps you’re taking to become better prepared for what the market throws at you!
-Team TradingView
If you missed last week’s post, you can catch up here:
An Intraday trading system with a High winning rate using VWAP
Dear reader, this is a full-fledged trading system. If you follow all the mentioned steps correctly, you will definitely have a great winning ratio. You can back-test this system on any instrument, stock, commodity, forex, etc.
This system should only be used to take “Long” trades using the 5 min time frame on a stock that has sufficient liquidity.
Steps to follow:
1. Look for Bullish divergence – The first and foremost thing that you need to do is to look for the Bullish divergence. The bullish divergence must be either strong, medium, or hidden bullish divergence. Ignore the weak bullish divergence. If you don’t know about bullish divergence, you should read my thread on it.
Here’s the link:
2. Look for early signs of reversal, after the divergence has occurred – As soon as you spot divergence, look for different signs of reversal. These can include either some reversal, neutral candlestick patterns or a sharp curve in RSI along with the formation of some bullish candlestick.
3. Look for candlestick patterns – You should look for the candlesticks such as a hammer, bullish engulfing, inverted hammer, a railway track pattern, morning star pattern.
4. When to enter the trade? –You should wait for the price to close above the VWAP and there must be some sort of increase in volume which confirms the buying interest. When the price closes above the VWAP with a good volume, enter the trade. Until both of these conditions are met, do not enter the trade.
5. How to set stop loss? – The stop loss can be either the swing low or the low of the reversal candle. Also, you can either use a fixed stop loss or trail your stop loss to the succeeding swing lows.
6. How to choose the target? – The minimum target should be the previous swing high or the previous supply zone. You can keep trailing your position if the stock keeps giving multiple breakouts.
This system is highly effective and you can modify it according to your needs. You can read and revise this post until you master the concepts. I hope you find this post useful. Also, if anyone is interested in getting a PDF version of this thread, then you can message me, I'll provide it.
Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Happy learning. Cheers!
@johntradingwick
-NSE (NCFM) Certified Technical Analyst
The cycle of Doom- the biggest psychological trap everI am back with an exciting topic.
I am starting this topic with a simple question,
Are you finding consistent profit In your trading? If yes, then you can skip this chart and congratulations!
Now let's talk about the rest of the traders.
Indeed, most traders do not find profits consistently, instead end up losing their money. It doesn't matter which market they trade.
There can be many reasons for not getting consistent profits,
Like, it can be risk management or it can be a trading system, it can also be trading psychology.
But the truth is you are trapped!
Ladies and gentlemen,
I am showing you the most powerful psychological trap ever….
*The Cycle of Doom*
The cycle of doom involves three phases.
Phase 1: The search
Phase 2: The action
Phase 3: The blame
To become a successful trader, however, you will have to get out of the cycle of doom.
How can you destroy the cycle of doom?
First of all, you have to understand the cycle. You need to understand what is going on! So you can identify and move beyond the cycle of doom into the world of consistently profitable trading.
Phase 1: the search
In this phase, you are searching for a trading system. You may find it from different sources like well-known trading books, educational websites, trading courses, trading forums, YouTube or you may find your trading system from speaking to other pro traders at meetings or conferences. Just with this step, you have got into the cycle of doom. Now you are devising a strategy that will give you a profit and which is convenient for you.
If you cannot find a trading strategy that you are comfortable with, you are probably in phase 1. You will live phase 1 only once you find a trading system that truthfully exists, a system that you look forward to trading. In fact, Phase 1 of the doom is complete once you find a trading system that you simply can’t wait to trade.
Now you have entered the second phase.
Phase 2: the Action
Phase 2 is the action phase. This is the most exciting part; you begin to trade the system. You will have fun in this phase because every trading system looks decent. And the excitement of trading a new system is irreplaceable.
This excitement comes from unrevealed things.
Will this new trading system work?
Will you become a billionaire?
Such thoughts create more hope in your mind and increase the excitement.
You get so excited about trading a new strategy that you forget you have time to test that strategy. Only a small percentage of the traders do test a trading system before moving into the action phase. You may find that the trading system does well for an extended period. However, at some stage, things look hopeless; maybe profit pours early but eventually, the losing trades pile up.
A drawdown eventually appears. There are several losing trades in a row. This trade may have appeared just as you decided to increase the risk per trade and the system ran into a bumpy road.
This drawdown is the beginning of the end of phase 2.
It is proof that you lost faith in your trading system. And begin to move into the next phase.
3. The blame: phase 3 is the blame. You don’t trust your trading system because the trading system has not found consistent profits. And now you decide to dump the crappy trading system.
In this phase, you blame your trading strategy for the losses you incur. You decide it is time to move on to a new trading system.
Return to phase 1
You have completely given up on your trading system. You will enter phase 1 of searching for a new trading system. The search is on again. The circle repeats itself. Most traders think that profit is due to a trading strategy. This cycle makes it clear that trading strategy is not responsible for profits.
Another way to look at this is to consider that two traders may be trading using the same system, one trader is consistently finding profitable trades and the second trader is consistently losing money. What is the difference between both traders? They both trade using the same system. The difference is in the trader.
How to defeat the cycle of doom?
If you want to trade consistently, and you want to find a profit, it may be best for you to stick to a trading system that you believe in. If you want consistent profits, you should have faith in your trading system.
There is one way to get confidence in your trading is to back-test it. Because of back testing, we can find weak points of the strategy. You create your strategy with rules that suit you. It doesn't matter if you don't like to use indicators; you can use price action or any other theory because you are confident that the Indicator is not going to give you a profit.
In the next part, I will give you information on how to do back testing and how to create your trading strategy.
Now you are familiar with the cycle of doom and you know how to break this trap. It is hard to break this cycle but it's not impossible. Good luck with your new trading journey
BANKNIFTY Positional View for 25th August 2020Current position is Long bought on August-21-2020 at 22149
=====================================================================
Action for 25th August 2020: Continue to hold Long and reverse to Short if BANK NIFTY closes above 22606
NSE:BANKNIFTY
All Values are for August 2020 Future
Profit as of now 664 points.
Trade as per your risk profile and use these for educational purpose.
These numbers are for Swing trading only .
Past Performance :
1. Sell : 185 Points ( 14th August -18th August 2020).
2. Buy : 123 Points (18thAugust - 20th August 2020).
3. Sell : Loss of 89 Points( 20th August to 21st August).
Bank Nifty Positional View for 24th August 2020Current position is Long bought on August-21-2020 at 22149 (best possible price since 22102 was not available)
=====================================================================
Action for 24th August 2020: Continue to hold Long and reverse to Short if BANK NIFTY closes above 22139
NSE:BANKNIFTY
All Values are for August 2020 Future
Profit as of now 158 points.
Trade as per your risk profile and use these for educational purpose.
These numbers are for Swing trading only .
Past Performance :
1. Sell : 185 Points ( 14th August -18th August 2020).
2. Buy : 123 Points (18thAugust - 20th August 2020).
3. Sell : Loss of 89 Points( 20th August to 21st August).
Nifty Positional View for 20th August 2020Current position is BUY bought on August-17-2020 at 11224
=====================================================================
Action for 20th August 2020: Continue to hold Long and reverse to short if NIFTY closes below 11379
All Values are for August 2020 Future
Profit as of now 203 points
Trade as per your risk profile and use these for educational purpose.
These numbers are for Swing trading trading only .
Intra-day Trend change timings for 20th August : 9:30,10:27,11:38,12:43,13:46,14:48
Advise : Book partial profits 19th or 20th August as 21st is high probable trend change day but levels can be watched closely .
Past Performance :
All these trades are given in this portal which you can verify easily.
===================
1. BUY : Profit of 386 points (1st July to 8th July 2020).
2. SELL: Loss of 54 points (8th JULY to 9th July).
3. BUY : Profit of 38 Points ( 9th July to 10th July).
4. SELL: Profit of 30 points (10th July to 17th July )
5. BUY: Profit of 418 Points (17th July to 27th July).
6. SELL: Loss of 43 points (27th July to 28th July).
7. BUY : Profit of 86 points (28th July to 29th July).
8. SELL: Profit of 262 Points(29th July to 4th August 2020)
9. BUY : Profit of 333 Points(4th August to 12th August 2020).
10. SELL: Profit of 96 Points (12th August to 17th August 2020)
Current open BUY position
Process : These swing numbers are calculated using Customized Volatility and AI algorithm (KNN Model).
=========
Some Rules in trading system.
===================================
1. Take all trades and the numbers to hold are the last traded price of NIFTY future and not calculated close values.
2. Do not change Lot size very frequently and try to keep it constant.
3. We win 68-75% times only (changing lots will leads to losses as you may have bigger lots for loss trades and smaller one for gain trades) .
4. There are losses as well but the loss points will be smaller then gain over a period of 3 months or less.
5. Book profits at key levels (just a histogram of 2 years close will give numbers where nifty stayed for long duration.Frequency Distribution)
BANKNIFTY Postional View for 18th August 2020Current position is SELL sold on August-14-2020 at 22121
=====================================================================
Action for 18th August 2020: Continue to hold short and reverse to long if BANK NIFTY closes above 21936
[s ymbol="NSE:BANKNIFTY"]NSE:BANKNIFTY
All Values are for August 2020 Future
Profit as of now 336 points. People who have not entered will need to wait for a new signal.
Trade as per your risk profile and use these for educational purpose.
These numbers are for Swing trading trading only .
Will post past performance document (last 5 years back testing) in my twitter.
Nifty Positional View for 18th August 2020Current position is BUY bought on August-17-2020 at 11224
=====================================================================
Action for 18th August 2020: Continue to hold Long and reverse to short if NIFTY closes below 11239
All Values are for August 2020 Future
Profit as of now 56 points
Trade as per your risk profile and use these for educational purpose.
These numbers are for Swing trading trading only .
Past Performance :
All these trades are given in this portal which you can verify easily.
===================
1. BUY : Profit of 386 points (1st July to 8th July 2020).
2. SELL: Loss of 54 points (8th JULY to 9th July).
3. BUY : Profit of 38 Points ( 9th July to 10th July).
4. SELL: Profit of 30 points (10th July to 17th July )
5. BUY: Profit of 418 Points (17th July to 27th July).
6. SELL: Loss of 43 points (27th July to 28th July).
7. BUY : Profit of 86 points (28th July to 29th July).
8. SELL: Profit of 262 Points(29th July to 4th August 2020)
9. BUY : Profit of 333 Points(4th August to 12th August 2020).
10. SELL: Profit of 96 Points (12th August to 17th August 2020)
Current open BUY position
Process : These swing numbers are calculated using Customized Volatility and AI algorithm (KNN Model).
=========
Some Rules in trading system.
===================================
1. Take all trades and the numbers to hold are the last traded price of NIFTY future and not calculated close values.
2. Do not change Lot size very frequently and try to keep it constant.
3. We win 68-75% times only (changing lots will leads to losses as you may have bigger lots for loss trades and smaller one for gain trades) .
4. There are losses as well but the loss points will be smaller then gain over a period of 3 months or less.
5. Book profits at key levels (just a histogram of 2 years close will give numbers where nifty stayed for long duration.Frequency Distribution)
Nifty Positional View for 17th August 2020Current position is SHORT sold on August-12-2020 at 11320
=====================================================================
Action for 17th August 2020: Continue to hold short and reverse to long if NIFTY closes above 11224
All Values are for August 2020 Future
Profit as of now 133 points
NSE:NIFTY
Trade as per your risk profile and use these for educational purpose.
Use a Heikin Ashi Chart and 1 min chart for Intra-day Trading. These numbers are for Swing trading trading only .
Past Performance : 1396 Points earned in 41 Calendar days. 2 loss trades and 7 winning trades.
All these trades are given in this portal which you can verify easily.
===================
1. BUY : Profit of 386 points (1st July to 8th July 2020).
2. SELL: Loss of 54 points (8th JULY to 9th July).
3. BUY : Profit of 38 Points ( 9th July to 10th July).
4. SELL: Profit of 30 points (10th July to 17th July )
5. BUY: Profit of 418 Points (17th July to 27th July).
6. SELL: Loss of 43 points (27th July to 28th July).
7. BUY : Profit of 86 points (28th July to 29th July).
8. SELL: Profit of 262 Points(29th July to 4th August 2020)
9. BUY : Profit of 333 Points(4th August to 12th August 2020).
Current open SELL position
Process : These swing numbers are calculated using Customized Volatility and AI algorithm (KNN Model).
=========
Some Rules in trading system.
===================================
1. Take all trades and the numbers to hold are the last traded price of NIFTY future and not calculated close values.
2. Do not change Lot size very frequently and try to keep it constant.
3. We win 68-75% times only (changing lots will leads to losses as you may have bigger lots for loss trades and smaller one for gain trades) .
4. There are losses as well but the loss points will be smaller then gain over a period of 3 months or less.
5. Book profits at key levels (just a histogram of 2 years close will give numbers where nifty stayed for long duration.Frequency Distribution)
Nifty Positional View for 14th August 2020Current position is SHORT sold on August-12-2020 at 11320
=====================================================================
Action for 14th August 2020: Continue to hold short and reverse to long if NIFTY closes above 11345
All Values are for August 2020 Future
Loss as of now -3 points
NSE:NIFTY
Trade as per your risk profile and use these for educational purpose.
Use a Heikin Ashi Chart and 1 min chart for Intra-day Trading. These numbers are for Swing trading trading only .
Past Performance : 1396 Points earned in 41 Calendar days. 2 loss trades and 7 winning trades.
All these trades are given in this portal which you can verify easily.
===================
1. BUY : Profit of 386 points (1st July to 8th July 2020).
2. SELL: Loss of 54 points (8th JULY to 9th July).
3. BUY : Profit of 38 Points ( 9th July to 10th July).
4. SELL: Profit of 30 points (10th July to 17th July )
5. BUY: Profit of 418 Points (17th July to 27th July).
6. SELL: Loss of 43 points (27th July to 28th July).
7. BUY : Profit of 86 points (28th July to 29th July).
8. SELL: Profit of 262 Points(29th July to 4th August 2020)
9. BUY : Profit of 333 Points(4th August to 12th August 2020).
Current open SELL position
Process : These swing numbers are calculated using Customized Volatility and AI algorithm (KNN Model).
=========
Some Rules in trading system.
===================================
1. Take all trades and the numbers to hold are the last traded price of NIFTY future and not calculated close values.
2. Do not change Lot size very frequently and try to keep it constant.
3. We win 68-75% times only (changing lots will leads to losses as you may have bigger lots for loss trades and smaller one for gain trades) .
4. There are losses as well but the loss points will be smaller then gain over a period of 3 months or less.
5. Book profits at key levels (just a histogram of 2 years close will give numbers where nifty stayed for long duration.Frequency Distribution)
NIFTY Positional View for 13th August 2020Current position is SHORT sold on August-12-2020 at 11320
=====================================================================
Action for 13th August 2020: Continue to hold short and reverse to long if NIFTY closes above 11343.3
All Values are for August 2020 Future
Profit as of now 5 points
NSE:NIFTY
Trade as per your risk profile and use these for educational purpose.
Use a Heikin Ashi Chart and 1 min chart for Intra-day Trading. These numbers are for Swing trading trading only .
Past Performance : 1396 Points earned in 41 Calendar days. 2 loss trades and 7 winning trades.
All these trades are given in this portal which you can verify easily.
===================
1. BUY : Profit of 386 points (1st July to 8th July 2020).
2. SELL: Loss of 54 points (8th JULY to 9th July).
3. BUY : Profit of 38 Points ( 9th July to 10th July).
4. SELL: Profit of 30 points (10th July to 17th July )
5. BUY: Profit of 418 Points (17th July to 27th July).
6. SELL: Loss of 43 points (27th July to 28th July).
7. BUY : Profit of 86 points (28th July to 29th July).
8. SELL: Profit of 262 Points(29th July to 4th August 2020)
9. BUY : Profit of 333 Points(4th August to 12th August 2020).
Current open SELL position
Process : These swing numbers are calculated using Customized Volatility and AI algorithm (KNN Model).
=========
Some Rules in trading system.
===================================
1. Take all trades and the numbers to hold are the last traded price of NIFTY future and not calculated close values.
2. Do not change Lot size very frequently and try to keep it constant.
3. We win 68-75% times only (changing lots will leads to losses as you may have bigger lots for loss trades and smaller one for gain trades) .
4. There are losses as well but the loss points will be smaller then gain over a period of 3 months or less.
5. Book profits at key levels (just a histogram of 2 years close will give numbers where nifty stayed for long duration.Frequency Distribution)
Nifty Positional View for 12th August 2020Current position is BUY bought on August-4-2020 at 10987
=====================================================================
Action for 12th August 2020: Continue to hold Long and reverse to short if NIFTY closes below 11320
All Values are for August 2020 Future
Profit as of now 361 points
NSE:NIFTY
Use a Heikin Ashi Chart and 1 min chart for Intra-day Trading. These numbers are for Swing trading trading only .
Past Performance : 1063 Points earned in 35 Calendar days. 2 loss trades and 6 winning trades.
All these trades are given in this portal which you can verify easily.
===================
1. BUY : Profit of 386 points (1st July to 8th July 2020).
2. SELL: Loss of 54 points (8th JULY to 9th July).
3. BUY : Profit of 38 Points ( 9th July to 10th July).
4. SELL: Profit of 30 points (10th July to 17th July )
5. BUY: Profit of 418 Points (17th July to 27th July).
6. SELL: Loss of 43 points (27th July to 28th July).
7. BUY : Profit of 86 points (28th July to 29th July).
8. SELL: Profit of 262 Points(29th July to 4th August 2020)
Current open BUY position
Process : These swing numbers are calculated using Customized Volatility and AI algorithm (KNN Model).
=========
Some Rules in trading system.
===================================
1. Take all trades and the numbers to hold are the last traded price of NIFTY future and not calculated close values.
2. Do not change Lot size very frequently and try to keep it constant.
3. We win 68-75% times only (changing lots will leads to losses as you may have bigger lots for loss trades and smaller one for gain trades) .
4. There are losses as well but the loss points will be smaller then gain over a period of 3 months or less.
5. Book profits at key levels (just a histogram of 2 years close will give numbers where nifty stayed for long duration.Frequency Distribution)
Nifty Postional View for 10th August 2020Current position is BUY bought on August-4-2020 at 10987
=====================================================================
Action for 10th August 2020: Continue to hold Long and reverse to short if NIFTY closes below 11162
Profit as of now 242 points
Since there was no good response from lot of people on their usage of these numbers , I am assuming there may not be any need for these posts in future and i may move to occasional weekly views only. 300 + views daily and only 7 likes!!!.
NSE:NIFTY
Use a Heikin Ashi Chart and 1 min chart for Intra-day Trading. These numbers are for Swing trading trading only .
Intra day Trend change timings for 10th August is
9:26, 9:30,11:06,11:40,13:08,13:16,13:38,15:26
Past Performance : 1063 Points earned in 35 Calendar days. 2 loss trades and 6 winning trades.
All these trades are given in this portal which you can verify easily.
===================
1. BUY : Profit of 386 points (1st July to 8th July 2020).
2. SELL: Loss of 54 points (8th JULY to 9th July).
3. BUY : Profit of 38 Points ( 9th July to 10th July).
4. SELL: Profit of 30 points (10th July to 17th July )
5. BUY: Profit of 418 Points (17th July to 27th July).
6. SELL: Loss of 43 points (27th July to 28th July).
7. BUY : Profit of 86 points (28th July to 29th July).
8. SELL: Profit of 262 Points(29th July to 4th August 2020)
Current open BUY position
Process : These swing numbers are calculated using Customized Volatility and AI algorithm (KNN Model).
=========
Some Rules in trading system.
===================================
1. Take all trades and the numbers to hold are the last traded price of NIFTY future and not calculated close values.
2. Do not change Lot size very frequently and try to keep it constant.
3. We win 68-75% times only (changing lots will leads to losses as you may have bigger lots for loss trades and smaller one for gain trades) .
4. There are losses as well but the loss points will be smaller then gain over a period of 3 months or less.
5. Book profits at key levels (just a histogram of 2 years close will give numbers where nifty stayed for long duration.Frequency Distribution)
Nifty Positional View for 7th August 2020Current position is BUY bought on August-4-2020 at 10987
==================================================================================
Action for 7th August 2020: Continue to hold Long and reverse to short if NIFTY closes below 11145
Profit as of now 225 points
If you have done trading (paper or actual) based on my ideas and made a profit indicate me by a like or comment your experience.
These is a lot of research behind this algorithm which learns each day and fine tuned weekly.
NSE:NIFTY
Use a Heikin Ashi Chart and 1 min chart for Intra-day Trading. These numbers are for Swing trading trading only .
Past Performance : 1063 Points earned in 35 Calendar days. 2 loss trades and 6 winning trades.
All these trades are given in this portal which you can verify easily.
===================
1. BUY : Profit of 386 points (1st July to 8th July 2020).
2. SELL: Loss of 54 points (8th JULY to 9th July).
3. BUY : Profit of 38 Points ( 9th July to 10th July).
4. SELL: Profit of 30 points (10th July to 17th July )
5. BUY: Profit of 418 Points (17th July to 27th July).
6. SELL: Loss of 43 points (27th July to 28th July).
7. BUY : Profit of 86 points (28th July to 29th July).
8. SELL: Profit of 262 Points(29th July to 4th August 2020)
Current open BUY position
Process : These swing numbers are calculated using Customized Volatility and AI algorithm (KNN Model).
=========
Some Rules in trading system.
===================================
1. Take all trades and the numbers to hold are the last traded price of NIFTY future and not calculated close values.
2. Do not change Lot size very frequently and try to keep it constant.
3. We win 68-75% times only (changing lots will leads to losses as you may have bigger lots for loss trades and smaller one for gain trades) .
4. There are losses as well but the loss points will be smaller then gain over a period of 3 months or less.
5. Book profits at key levels (just a histogram of 2 years close will give numbers where nifty stayed for long duration.Frequency Distribution)
NIFTY Positional View for 6th August 2020Current position is BUY bought on August-4-2020 at 10987
==================================================================================
Action for 6th August 2020: Continue to hold Long and reverse to Short if NIFTY closes below 11061.5
Profit as of now 145 points
Give me a like and follow me .
Warning : 6th August 11:07 to 11:20 there may be a sudden change (high volatility)
NSE:NIFTY
Use a Heikin Ashi Chart and 1 min chart for Intra day Trading. These numbers are for Swing trading trading only .
Past Performance : 1063 Points earned in 35 Calendar days. 2 loss trades and 6 winning trades.
All these trades are given in this portal which you can verify easily.
===================
1. BUY : Profit of 386 points (1st July to 8th July 2020).
2. SELL: Loss of 54 points (8th JULY to 9th July).
3. BUY : Profit of 38 Points ( 9th July to 10th July).
4. SELL: Profit of 30 points (10th July to 17th July )
5. BUY: Profit of 418 Points (17th July to 27th July).
6. SELL: Loss of 43 points (27th July to 28th July).
7. BUY : Profit of 86 points (28th July to 29th July).
8. SELL: Profit of 262 Points(29th July to 4th August 2020)
Current open BUY position
Process : These swing numbers are calculated using Customized Volatility and AI algorithm (KNN Model).
=========
Some Rules in trading system.
===================================
1. Take all trades and the numbers to hold are the last traded price of NIFTY future and not calculated close values.
2. Do not change Lot size very frequently and try to keep it constant.
3. We win 68-75% times only (changing lots will leads to losses as you may have bigger lots for loss trades and smaller one for gain trades) .
4. There are losses as well but the loss points will be smaller then gain over a period of 3 months or less.
5. Book profits at key levels (just a histogram of 2 years close will give numbers where nifty stayed for long duration.Frequency Distribution)
NIFTY Positional View for 5th August 2020Current position is BUY bought on August-4-2020 at 10987
==================================================================================
Action for 5th August 2020: Continue to hold Long and reverse to Short if NIFTY closes below 11037
Profit as of now 123.6 points
Give me a like and follow me for constants updates daily
NSE:NIFTY
Use a Heikin Ashi Chart and 1 min chart for Intra day Trading
Past Performance : 1063 Points earned in 35 Calendar days. 2 loss trades and 6 winning trades.
All these trades are given in this portal which you can verify easily.
===================
1. BUY : Profit of 386 points (1st July to 8th July 2020).
2. SELL: Loss of 54 points (8th JULY to 9th July).
3. BUY : Profit of 38 Points ( 9th July to 10th July).
4. SELL: Profit of 30 points (10th July to 17th July )
5. BUY: Profit of 418 Points (17th July to 27th July).
6. SELL: Loss of 43 points (27th July to 28th July).
7. BUY : Profit of 86 points (28th July to 29th July).
8. SELL: Profit of 262 Points(29th July to 4th August 2020)
Current open BUY position
Process : These swing numbers are calculated using Customized Volatility and AI algorithm (KNN Model).
=========
Some Rules in trading system.
===================================
1. Take all trades and the numbers to hold are the last traded price of NIFTY future and not calculated close values.
2. Do not change Lot size very frequently and try to keep it constant.
3. We win 68-75% times only (changing lots will leads to losses as you may have bigger lots for loss trades and smaller one for gain trades) .
4. There are losses as well but the loss points will be smaller then gain over a period of 3 months or less.
5. Book profits at key levels (just a histogram of 2 years close will give numbers where nifty stayed for long duration.Frequency Distribution)
NIFTY Positional View for 4th August 2020All values are for NIFTY AUGUST Future values and NOT Spot.
Current position is SELL sold on 29 JULY 2020 at 11249.38
==================================================================================
Action for 4th August 2020: Continue to hold Short and reverse to BUY if NIFTY closes above 10987
Profit as of now 333 points
NSE:NIFTY
Will update Trend change timings for Monday at a later time . Thanks guys for the likes and high views (500+) of Fridays idea on Nifty .
Please provide any feedback and ask questions in comments if you want to know how this swing numbers is to be used.
Use a Heikin Ashi Chart and 1 min chart for Intra day Trading
Past Performance :
===================
1. BUY : Profit of 386 points (1st July to 8th July 2020).
2. SELL: Loss of 54 points (8th JULY to 9th July).
3. BUY : Profit of 38 Points ( 9th July to 10th July).
4. SELL :Profit of 30 points (10th July to 17th July )
5. BUY: Profit of 418 Points (17th July to 27th July).
6. SELL: Loss of 43 points (27th July to 28th July).
7. BUY : Profit of 86 points (28th July to 29th July).
Current open SELL position
Process : These swing numbers are calculated using Customized Volatility and AI algorithm (KNN Model).
=========
Some Rules in trading system.
===================================
1. Take all trades and the numbers to hold are the last traded price of NIFTY future and not calculated close values.
2. Do not change Lot size very frequently and try to keep it constant.
3. We win 68-75% times only (changing lots will leads to losses as you may have bigger lots for loss trades and smaller one for gain trades) .
4. There are losses as well but the loss points will be smaller then gain over a period of 3 months or less.
5. Book profits at key levels (just a histogram of 2 years close will give numbers where nifty stayed for long duration.Frequency Distribution)