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[Nehal_s143]

hi anant
Have you booked at t1 and which one is best wether close at 92900 or vwap at 92900

i am using 9.30 vwap

 

[mehtaka]

Yesterdays trades

Long 5041 5041
Long 5041 5023
Short 5023 5023
Short 5023 5041
Long 5041 5056
Short 5023 5023
Long 5041 5079
Net 3 points after brokerage
What a day!

hi,
you went long..and exit at same price? i.e long 5041 and exit 5041...
how do u take a call to exit on cost?


also you trade on every call which comes?
coz i generally prefer to trade only 2 calls for the day..if both stop out, i dont trade.

 

[techtrader2]

There are a number of ways to trade this. Based on strategy by MSA we take every signal. MSA has tested based on 5 min candles. But we could look at 1 min data also.

 

[asnavale]

hi anant
Have you booked at t1 and which one is best wether close at 92900 or vwap at 92900

Sorry for the dealyed response. Exited at T1.

I have found that VWAP and average of High and low of the day upto 9:30 give same levels and targets.

-Anant

 

[SB2000]

What an amazing day and just proves the theory of sticking with Gann. Shorted 5023 exited 4940. Thanks a lot to all those (ezpecially Rajvir MSA, Jallan) who have bought this thread so far. Its been educational and profitable.

 

[techtrader2]

Short 5023 5023 -2
Short 5023 5041 -20
Long 5041 5023 -20
Short 5023 5041 -20
Long 5041 5023 -20
Short 5023 4935 86

Days total 4 points after brokerage

 

[msa5678]

What an amazing day and just proves the theory of sticking with Gann. Shorted 5023 exited 4040. Thanks a lot to all those (ezpecially Rajvir MSA, Jallan) who have bought this thread so far. Its been educational and profitable.

Thanks a lot for accrediting my postings. Please edit the "4040" to "4940" for future reference

 

[SB2000]

Thanks a lot for accrediting my postings. Please edit the "4040" to "4940" for future reference

Hehehe..oops....did i just spill my wishful thinkin :lol:...edited to 4940 sir ji

 

[ambarish123]

is ther any rule for trading gann lvls?
like to avoid whips etc

 

[SB2000]

is ther any rule for trading gann lvls?
like to avoid whips etc

I have also thought on same lines. I have been trying to see if we can avoid the "fake calls" if one may call it by the Gann indicator using MACD and EMA Crossover techniques.

For example: If Gann says Short at 5023....but the short term EMA is moving above the long one and MACD also shows and upmove then its better to avoid the shot.

PS: EMA is obviously a lagging indicator but people do use it for intra day trading.

Another way out can be by watching the price behaviours near the pivots.

Suggestions plz??