thanks mani sir for ur valuable comment...iam also eagerly waiting for ur simplified video of this technq
thanks mani sir for ur valuable comment...iam also eagerly waiting for ur simplified video of this technq
sir ...waiting for ur reply sir
okay, here's the simplified version of the strategy in video format that i promised ... I hope that this helps fellow traders ...
Like i said in the video, you should be able to judge entirely negative intra-day trends, entirely positive intra-day trend and neutral days ...
sir, just now i seen ur video ...i like to share my views regarding the video...actualy moving average crossover technq works excellent in trending as u shown today but in rangebound it gives many whipsaws(false signals)...unfortunately market show range bound in 70% of time and trending in only 30% time ....the profit we taken in trending shuld be given back in range bound...my aim is to avoid most of the noises in the market and to catch only strong signals ...so i used RSI and price channels...but i dont know y u removed that ....stochastic excellent in rangebound market but in trending phase it fails and gives false positive results...our aim isto filter range bound market signals and catch only trending phase of the market...so pls explain how to avoid whipsaws or false entry ...thank u
Shakthi, i totally agree with you that there are noises and false positives ... But, the additional indicators you mention are not available in free yahoo charts ...
People using sharekhan can use the charts you mention ... If you know any free charting service, which provides these technicals, please share
sir ,sharekhan is the best free charting software known ...itis very much user freindly...online trading accademy in mumbai using this charting software only ...its completely free only ...we have to open account with them thats it....no hidden charges or monthly subcription except AMC(annual maintenance charges)...we can see commodity charts,futures charts and also option charts free of cost what else we need from free software... i think this best than any other paid software..
hi....friday jpassociate,yesbank,dlf given good sell signal ....ITC given strong buy signal...and coming days ill try to post some of the charts sown good buy/sell signals...thank u
Thanks for sharing this technique. But it would be good if some screen shots for 2-3 trades are attached and explained. Shakthi I hope you can help out it screen shot explanation.
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