Sensex

Saturday, November 14, 2009

[Technical-Investor] Re: ASHOK LEYLAND - SHORT SETUP- open attachments

 


Hi ALL,
Iam not able to get/open the attachments............what am I doing wrong or missing.

Thanks
Ravi
--- In Technical-Investor@yahoogroups.com, BALAJI Jayaraman <bctbalaji@...> wrote:
>
> *All,*
>
> One of my friend & also a silent member of this TI group had sent me this
> chart.
>
> Let me take the liberty to introduce - *Mr. Dharanendra Momaya (a.k.a DM,
> from Tirupur/Coimbatore), *a seasoned TA & active trader/investor in the
> market for quite sometime now.
>
> Today, he has come up with *Positional Short call on ASHOK Leyland - Below
> 52.30, targets approx 49-47 (pls check retracements) - Stop loss abv 54.95*
>
> I have requested him to keep posting & sharing more charts/views in the
> group going forward.
>
> I hope you will like his trades. Good Luck and ATB,
>
> Rgds/Balaji
>
> DM: Request you to take it forward. Cheers.
>

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Posted by nsivaa at 11:51 PM 0 comments

[Daytraders] Join snpnifty.com today, earn from Stock Market., 11/15/2009, 1:00 pm



Reminder from:   daytraders2 Yahoo! Group
 
Title:   Join snpnifty.com today, earn from Stock Market.
 
Date:   Sunday November 15, 2009
Time:   1:00 pm - 2:00 pm
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Notes:   Join snpnifty.com today, earn from Stock Market.
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Posted by nsivaa at 11:11 PM 0 comments

[Daytraders] Learn Technical analysis and stock market tricks for free, , 11/15/2009, 1:00 pm



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visit www.snpnifty.com
Learn technical analysis almost all chart patterns covered
with charts and definations. you can also learn fundamental
and economic analysis.
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Posted by nsivaa at 11:10 PM 0 comments

[sharetrading] Check out this photo I found on MyDailyFlog!

 

Check out this photo I found on MyDailyFlog!

Hi,

I wanted you to see, too. your phoios. My Y Messenger chat id is ,, ark1252

Check out: <a href="http://www.mydailyflog.com/ark1252/calendar/20091114" style="color: #3366cc;">Check it out!</a>

Your Friend,

ark1252@yahoo.com

.......................................................................
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Posted by nsivaa at 10:02 PM 0 comments

Re: [Technical-Investor] Time Frame

 

Dear MMM,

MACD with 12,26 with signal line 9 is used for day trading Emini futures.

The following two videos explain the setup and strategy.

Video 1 - How To Set Up Your Charting Software:
http://www.rockwell trading.com/ video-1
.

Video 2 - A Simple Day Trading Strategy:
http://www.rockwell trading.com/ video-2

 

Dear GV,

I  give below the link of the thread where the strategy I mentioned in my previous mail is discussed.

http://www.traderji.com/day-trading/29798-prides-intra-day-strategy-profit-everyday.html

Regards,

Jayakrishnan.




--- On Sun, 11/15/09, Meerut Money Managers <meerutmoneymanagers@yahoo.in> wrote:

From: Meerut Money Managers <meerutmoneymanagers@yahoo.in>
Subject: Re: [Technical-Investor] Time Frame
To: Technical-Investor@yahoogroups.com
Date: Sunday, November 15, 2009, 10:27 AM

 

Dear Gv,
 
Thank you for the input,
 
Has any one here used a MACD cross over with values 20/30 or 12, 24 and 12,26 with signal @ 9 MA for intrday day.
 
If yes which values were more fruitful
 
THANKS & REGARDS


MEERUT MONEY MANAGERS (MMM)
www.meerutmoneymana gers.com


Disclaimer :This e-mail is confidential & for information only. It cannot be legally privileged. If you are not the addressee you may not copy, forward, disclose or use any part of it. You are also hereby notified that any use, any form of reproduction, dissemination, disclosure, modification, distribution and/or publication of this e-mail message,contents or its attachment(s) other than by its intended recipient(s) is strictly prohibited. If you have received this message in error,please delete it and all copies from your system and notify the sender immediately by return e-mail. Internet communications cannot be guaranteed to be timely,secure, error or virus-free. The sender does not accept liability for any errors or omissions. The contents of this message may not necessarily represent the views or policies of the sender/MMM. The contents of this message & attachment (if any) is not a legal binding on the sender and cannot be produced or challenged in any legal department/court.


From: Vasanth Mohan G Buddaan <bgvmohan60@gmail. com>
To: Technical-Investor@ yahoogroups. com
Sent: Sun, 15 November, 2009 8:25:01 AM
Subject: Re: [Technical-Investor ] Time Frame

 

Jayakrishnan & MMM,

A simple moving average cross over is bound to work extremely well in markets which are trending - as demonstrated by the stats of trades of Mr Sriram provided earlier by him. Obviously they are bound to whipsaw in trading (ranged) markets. Faster the system - meaning smaller the tick (bar) size and smaller the time frame, more will be the whipsaws. Ofcourse the smaller time frame Moving Average Cross Over system will pick the trend much earlier.

The next question would be same as MMM asked - what to choose ? Obviously we are interested to choose the one that gives the best results for which one may test the system for past assuming that future is going to be similar to past - which is a major assumption. Supposing one ends up with a long period of ranged market right in the beginning then the high number of whipsaws could be a mental agony and one might even discontinue the system. One obviously needs to rigid / adament and have matching staying power to take some losses (even continuous ones) like Mr Sriram.

If we can not live with the best looking lady in town due to temperamental issues then what is the point in marrying her - I don't know how it is to you but at 50 running I can understand it well enough. So taking the temperament decides what cross over one goes for : If one hates "frequent" losses - like I do - actually I hate all sorts of losses :-) then a slower system is quite ok and if one wants to be quick on the trigger and does not mind the number of losses till they are small then a faster system is the one for him. The major disadvantage of a slower system is that the entries would be delayed - at times quite delayed that one could become skeptical (the first time I traded by a mechanical system the sell came after a fall of 90+ points in nifty which was 100 + something when high of the day is considered) and so will also be the exits meaning that they will be far from respective extremes. More importanly, the draw down could also be larger - if one is not having a stop loss meaning a simple exit but adopting a 'stop & reversal' type of (continuous position) trading.

An improvement to this would be to introduce another 'indicator' which controls entries & exits with a view to eliminate the whipsawing period - the original objective being to capture TRENDS. And the system referred by you attempts that by looking at Stochastis though you have not defined how exactly the entry would be based on stochastics or for that matter the exit.

However by definition the later condition becomes the critical one as it controls the entries & exits and the entry / exit LAG would be that of the "second condition of the system" - here stochastics. In a way it might be made to make sense as these 2 indicators work best in 2 different types of markets - one (MACO) in trending market and another (stocastics) in a trading market. If the purpose of trading is to capture trending phases as against scalping / contrarian trades of a ranged market (which alone can be the objective here because of a simple MACO system) then stochastics is to be used to filter out trading ranges. Hence the entry / exit rules of stochastics have a greater bearing. You might very well know that to be able to use stochastics for contraian trades then one needs the strength of a trend and not the information of 'presence of a trend'. MACO simply tries to suggest presence of a trend either 'up' or 'down' all the time and not the strength of the trend. Lower trend values could mean a trading market where stochastics works best.

Now to go for a larger time frame for this would be like adding a larger lag to the entry / exit for the essentially a MACO system. You have also suggested that exits should only be on a 30 min time frame - presumably (?) on stochastics. One might be able to reduce number of whipsaws (but not reduce size of draw downs) but I can not understand now one can 'exit' early.

We might be able to discuss it better if you can explain the system more clearly.

gv


On Sat, Nov 14, 2009 at 10:46 PM, Jayakrishnan <jayakrish2001@ yahoo.com> wrote:


Dear Sir,

I came across a day trading strategy in the net. The set up was with MA cross overs and stochastics.

The author suggests to enter in 5 minute chart  ema cross over signal and stochastic confirmation in both 5 minute and 30 minute charts. If stoch doesn't give bullish signal in 30 minutes chart he asks to wait.

So multi time frame seems to do a fairly good job. For entry he uses lesser time frame (5 min). And for exit the longer time frame (30 min).  By exiting in the long time frame chart, one can eliminate whipsaws to great extent and avoid early exit, I believe.

Regards,

Jayakrishnan.





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.

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Posted by nsivaa at 9:50 PM 0 comments

Re: [Technical-Investor] Long silence in the forum :-(

 

Oh..It's nice....Very good morning and a happy Sunday !!!

Jayakrishnan.

--- On Sun, 11/15/09, PRS PTL <galaxypvhd69@yahoo.co.in> wrote:

From: PRS PTL <galaxypvhd69@yahoo.co.in>
Subject: Re: [Technical-Investor] Long silence in the forum :-(
To: Technical-Investor@yahoogroups.com
Date: Sunday, November 15, 2009, 8:40 AM

 

count it 2. thanks for start of good morning.

From: Jayakrishnan <jayakrish2001@ yahoo.com>
To: Technical-Investor@ yahoogroups. com
Sent: Sat, 14 November, 2009 8:45:35 PM
Subject: Re: [Technical-Investor ] Long silence in the forum :-(

 

Dear Ekamber,

I am very happy that I made at least one person smile today.
Thanks for your nice mail.

Regards,

Jayakrishnan.

--- On Sat, 11/14/09, ekam ber <ekamber@gmail. com> wrote:

From: ekam ber <ekamber@gmail. com>
Subject: Re: [Technical-Investor ] Long silence in the forum :-(
To: Technical-Investor@ yahoogroups. com
Date: Saturday, November 14, 2009, 7:43 PM

 



jayakrishnan ji
 
I have admit that you have definitely succeeded in bringing a smile on my face, with the caricatures. Nice way to enjoy the weekend.
 
regards
ekamber
 
 
 
----- Original Message -----
Sent: Saturday, November 14, 2009 7:23 PM
Subject: [Technical-Investor ] Long silence in the forum :-(

 

Hi all,

Long silence in the forum....... .........
Dont know whether everybody is busy enjoying their week- end or ............ .
The attachments are nothing to do with Technical Analysis
but a humorous analysis of Obama and his Nobel prize....... ....
This is in  a bid to bring a smile on your face.....
Cheers,

Jayakrishnan

--- On Sat, 11/14/09, vin st <vinst1@yahoo. com> wrote:

From: vin st <vinst1@yahoo. com>
Subject: Re: [Technical-Investor ] Negative divergence ???
To: Technical-Investor@ yahoogroups. com
Date: Saturday, November 14, 2009, 11:09 AM

 

By the time uptrend line is overcome to the upside, there may not be any macd -ve divergence left. Anyway, only time can tell that.
 
vin

From: Jayakrishnan <jayakrish2001@ yahoo.com>
To: Technical-Investor@ yahoogroups. com
Sent: Sat, November 14, 2009 10:53:17 AM
Subject: Re: [Technical-Investor ] Negative divergence ???

 

Dear Vin,

Thanks for your reply,

"The effect of it has already been experienced"

I presume by the above, you mean the down trend from 20/10 to 3/11.

And also by "bullish hidden divergence" you mean the rise from 4/11 to till date.

My doubt now is, whatever be the upside from here, once the market retraces to the uptrend line and break it convincingly, technically speaking, could there be a very sharp fall with MACD negative divergence taking full effect?

Regards,

Jayakrishnan.



--- On Sat, 11/14/09, vin st <vinst1@yahoo. com> wrote:

From: vin st <vinst1@yahoo. com>
Subject: Re: [Technical-Investor ] Negative divergence ???
To: Technical-Investor@ yahoogroups. com
Date: Saturday, November 14, 2009, 10:02 AM

 

Yes, it is -ve divergence. The effect of it has already  been experiences. The dip in macd in November has now led to bullish hidden divergence.
 
vin

From: Jayakrishnan <jayakrish2001@ yahoo.com>
To: Technical-Investor@ yahoogroups. com
Sent: Fri, November 13, 2009 10:23:17 PM
Subject: [Technical-Investor ] Negative divergence ???

 

Hi,

In the price chart of Nifty, the October high is higher than June high.

But in MACD, the October high is much lower than June high.

When the uptrend line is broken (4700-4800) will the price fall in line with MACD?

Is it a Negative Divergence?

Kindly have a look at the chart and correct me if I am wrong in drawing the lines ......

Jayakrishnan.



--- On Thu, 11/12/09, FLOYD JOHNY LEWIS <fjl24@yahoo. com> wrote:

From: FLOYD JOHNY LEWIS <fjl24@yahoo. com>
Subject: Re: [Technical-Investor ] Bollinger Bands Tips.
To: Technical-Investor@ yahoogroups. com
Date: Thursday, November 12, 2009, 11:31 PM

 

Hi Jayakrishnan
 
From the shoes of a newbie learning to trade on intra-day charts - This was a gem of a post.
 
Need to study it in greater details for confirming it though.
 
Would appreciate if you or anyone on this forum can post something similar for the RSI (other than the much spoke about concepts of divergences, overbought, oversold) - something different much in lines with the BB bands observations.
 
Thanks in advance
Best Regards
Floyd


--- On Thu, 11/12/09, Jayakrishnan <jayakrish2001@ yahoo.com> wrote:

From: Jayakrishnan <jayakrish2001@ yahoo.com>
Subject: [Technical-Investor ] Bollinger Bands Tips.
To: Technical-Investor@ yahoogroups. com
Date: Thursday, November 12, 2009, 11:42 AM

 
The key is how the bands react to approaching price action. Here is the magic formula.

We'll use Bullish reversal's and continuations for this example and the opposite is true for bearish reversals or continuations.

1.) Price approaches the upper band and the upper and lower bands remain flat. Reversal - Likely a sharp reversal to the lower band. Because both bands are flat this will likely be short lived.

2.) Price approaches the upper band and the upper band goes up and the lower band is flat or moving up slightly. Continuation - Price will likely continue up slowly for a time.

3.) Price approaches the upper band and the upper band goes up and the lower band goes down. Continuation - Price will likely move up fast and furious. This is the best continuation pattern for the bands. This is a rapid expansion of volatility. You will experience "fake out's" sometimes but most of the time this set-up will produce some good profits when executed properly.

4.) Price approaches the upper band and the upper and lower bands both go down. - Reversal - This is likely to result in a reversal but keep in mind price will likely only make it to the mean, the 21 period moving average with both bands heading down like this. This is a rare occurrence and is typical of a bigger market swing. A transition from Bullish to Bearish conditions.

Your best bet is to pull up 10 charts and spend some time observing how the bands react to approaching price action..

Source: http://tycoonreport .tycoonresearch. com/articles/ 871111841/ bollinger- bands-a-long- overdue-second- date









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For Forum Rules of Conduct & Disclaimer, please go through

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.

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Posted by nsivaa at 9:35 PM 0 comments

Re: [Technical-Investor] Time Frame

 

Dear Gv,
 
Thank you for the input,
 
Has any one here used a MACD cross over with values 20/30 or 12, 24 and 12,26 with signal @ 9 MA for intrday day.
 
If yes which values were more fruitful
 
THANKS & REGARDS


MEERUT MONEY MANAGERS (MMM)
www.meerutmoneymanagers.com


Disclaimer :This e-mail is confidential & for information only. It cannot be legally privileged. If you are not the addressee you may not copy, forward, disclose or use any part of it. You are also hereby notified that any use, any form of reproduction, dissemination, disclosure, modification, distribution and/or publication of this e-mail message,contents or its attachment(s) other than by its intended recipient(s) is strictly prohibited. If you have received this message in error,please delete it and all copies from your system and notify the sender immediately by return e-mail. Internet communications cannot be guaranteed to be timely,secure, error or virus-free. The sender does not accept liability for any errors or omissions. The contents of this message may not necessarily represent the views or policies of the sender/MMM. The contents of this message & attachment (if any) is not a legal binding on the sender and cannot be produced or challenged in any legal department/court.


From: Vasanth Mohan G Buddaan <bgvmohan60@gmail.com>
To: Technical-Investor@yahoogroups.com
Sent: Sun, 15 November, 2009 8:25:01 AM
Subject: Re: [Technical-Investor] Time Frame

 

Jayakrishnan & MMM,

A simple moving average cross over is bound to work extremely well in markets which are trending - as demonstrated by the stats of trades of Mr Sriram provided earlier by him. Obviously they are bound to whipsaw in trading (ranged) markets. Faster the system - meaning smaller the tick (bar) size and smaller the time frame, more will be the whipsaws. Ofcourse the smaller time frame Moving Average Cross Over system will pick the trend much earlier.

The next question would be same as MMM asked - what to choose ? Obviously we are interested to choose the one that gives the best results for which one may test the system for past assuming that future is going to be similar to past - which is a major assumption. Supposing one ends up with a long period of ranged market right in the beginning then the high number of whipsaws could be a mental agony and one might even discontinue the system. One obviously needs to rigid / adament and have matching staying power to take some losses (even continuous ones) like Mr Sriram.

If we can not live with the best looking lady in town due to temperamental issues then what is the point in marrying her - I don't know how it is to you but at 50 running I can understand it well enough. So taking the temperament decides what cross over one goes for : If one hates "frequent" losses - like I do - actually I hate all sorts of losses :-) then a slower system is quite ok and if one wants to be quick on the trigger and does not mind the number of losses till they are small then a faster system is the one for him. The major disadvantage of a slower system is that the entries would be delayed - at times quite delayed that one could become skeptical (the first time I traded by a mechanical system the sell came after a fall of 90+ points in nifty which was 100 + something when high of the day is considered) and so will also be the exits meaning that they will be far from respective extremes. More importanly, the draw down could also be larger - if one is not having a stop loss meaning a simple exit but adopting a 'stop & reversal' type of (continuous position) trading.

An improvement to this would be to introduce another 'indicator' which controls entries & exits with a view to eliminate the whipsawing period - the original objective being to capture TRENDS. And the system referred by you attempts that by looking at Stochastis though you have not defined how exactly the entry would be based on stochastics or for that matter the exit.

However by definition the later condition becomes the critical one as it controls the entries & exits and the entry / exit LAG would be that of the "second condition of the system" - here stochastics. In a way it might be made to make sense as these 2 indicators work best in 2 different types of markets - one (MACO) in trending market and another (stocastics) in a trading market. If the purpose of trading is to capture trending phases as against scalping / contrarian trades of a ranged market (which alone can be the objective here because of a simple MACO system) then stochastics is to be used to filter out trading ranges. Hence the entry / exit rules of stochastics have a greater bearing. You might very well know that to be able to use stochastics for contraian trades then one needs the strength of a trend and not the information of 'presence of a trend'. MACO simply tries to suggest presence of a trend either 'up' or 'down' all the time and not the strength of the trend. Lower trend values could mean a trading market where stochastics works best.

Now to go for a larger time frame for this would be like adding a larger lag to the entry / exit for the essentially a MACO system. You have also suggested that exits should only be on a 30 min time frame - presumably (?) on stochastics. One might be able to reduce number of whipsaws (but not reduce size of draw downs) but I can not understand now one can 'exit' early.

We might be able to discuss it better if you can explain the system more clearly.

gv


On Sat, Nov 14, 2009 at 10:46 PM, Jayakrishnan <jayakrish2001@ yahoo.com> wrote:


Dear Sir,

I came across a day trading strategy in the net. The set up was with MA cross overs and stochastics.

The author suggests to enter in 5 minute chart  ema cross over signal and stochastic confirmation in both 5 minute and 30 minute charts. If stoch doesn't give bullish signal in 30 minutes chart he asks to wait.

So multi time frame seems to do a fairly good job. For entry he uses lesser time frame (5 min). And for exit the longer time frame (30 min).  By exiting in the long time frame chart, one can eliminate whipsaws to great extent and avoid early exit, I believe.

Regards,

Jayakrishnan.





Yahoo! India has a new look. Take a sneak peek.

__._,_.___
For Forum Rules of Conduct & Disclaimer, please go through

http://finance.groups.yahoo.com/group/Technical-Investor/files/!Forum Rules of Conduct.txt
.

__,_._,___
Posted by nsivaa at 8:57 PM 0 comments

Re: [Technical-Investor] Time Frame

 

dear Jayakrishna,
 
This is a good system and it is called MAMA, although the strike rate for MAMA cross over is good on daily charts that to for too if you wish to hold the stock for longer period of time.
 
Also as i noticed there is a lag in entry and exit.
 
THANKS & REGARDS


MEERUT MONEY MANAGERS (MMM)
www.meerutmoneymanagers.com


Disclaimer :This e-mail is confidential & for information only. It cannot be legally privileged. If you are not the addressee you may not copy, forward, disclose or use any part of it. You are also hereby notified that any use, any form of reproduction, dissemination, disclosure, modification, distribution and/or publication of this e-mail message,contents or its attachment(s) other than by its intended recipient(s) is strictly prohibited. If you have received this message in error,please delete it and all copies from your system and notify the sender immediately by return e-mail. Internet communications cannot be guaranteed to be timely,secure, error or virus-free. The sender does not accept liability for any errors or omissions. The contents of this message may not necessarily represent the views or policies of the sender/MMM. The contents of this message & attachment (if any) is not a legal binding on the sender and cannot be produced or challenged in any legal department/court.


From: Jayakrishnan <jayakrish2001@yahoo.com>
To: Technical-Investor@yahoogroups.com
Sent: Sat, 14 November, 2009 10:46:45 PM
Subject: Re: [Technical-Investor] Time Frame

 

Dear Sir,

I came across a day trading strategy in the net. The set up was with MA cross overs and stochastics.

The author suggests to enter in 5 minute chart  ema cross over signal and stochastic confirmation in both 5 minute and 30 minute charts. If stoch doesn't give bullish signal in 30 minutes chart he asks to wait.

So multi time frame seems to do a fairly good job. For entry he uses lesser time frame (5 min). And for exit the longer time frame (30 min).  By exiting in the long time frame chart, one can eliminate whipsaws to great extent and avoid early exit, I believe.

Regards,

Jayakrishnan.



--- On Sat, 11/14/09, Meerut Money Managers <meerutmoneymanagers @yahoo.in> wrote:

From: Meerut Money Managers <meerutmoneymanagers @yahoo.in>
Subject: [Technical-Investor ] Time Frame
To: "TECHNICAL ANALYSIS GROUP" <Technical-Investor@ yahoogroups. com>
Date: Saturday, November 14, 2009, 10:28 PM

 

dear all,
 
I request from my fellow analyst and traders for their inputs on the following
 
For Intraday trading which time frame is best suited 3/5/7/10/12/ 15 Min Charts
 
For BTST 30/60 Mins Charts

 
THANKS & REGARDS


MEERUT MONEY MANAGERS (MMM)
www.meerutmoneymana gers.com


Disclaimer :This e-mail is confidential & for information only. It cannot be legally privileged. If you are not the addressee you may not copy, forward, disclose or use any part of it. You are also hereby notified that any use, any form of reproduction, dissemination, disclosure, modification, distribution and/or publication of this e-mail message,contents or its attachment(s) other than by its intended recipient(s) is strictly prohibited. If you have received this message in error,please delete it and all copies from your system and notify the sender immediately by return e-mail. Internet communications cannot be guaranteed to be timely,secure, error or virus-free. The sender does not accept liability for any errors or omissions. The contents of this message may not necessarily represent the views or policies of the sender/MMM. The contents of this message & attachment (if any) is not a legal binding on the sender and cannot be produced or challenged in any legal department/court.

The INTERNET now has a personality. YOURS! See your Yahoo! Homepage.


The INTERNET now has a personality. YOURS! See your Yahoo! Homepage.

__._,_.___
For Forum Rules of Conduct & Disclaimer, please go through

http://finance.groups.yahoo.com/group/Technical-Investor/files/!Forum Rules of Conduct.txt
.

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Posted by nsivaa at 8:53 PM 0 comments
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