LR Pattern by AmitG


posted by Bhavesh on Sun Oct 11, 2015 03:03 am

#1
Introducing Low Risk (LR) Pattern by AmitG

Read below chatlog from NP Learning Room to understand the Strategy. In case of doubt ask in this thread and also post your LR Patterns.



Amitg : :
santanu : : in chart u connect 2 valleys
Amitg : : yes
Amitg : : for short trend line must be upslope
prg : : trendline is the trickier part
santanu : : pl post another
Amitg : :
Amitg : :
Amitg : : as per me simple and effective with great rr like ww
Amitg : : only issue is paatern finder
Amitg : : team work is solution for this
prg : : http://prntscr.com/8pqeat
santanu : : this trend line looks like reverse tl
Amitg : : no sister this is part of apf reverse trend line
Amitg : : check my chart once again
santanu : :
Amitg : : no dada
santanu : :
Amitg : : this is reverse trend line dada
Amitg : : this is diffrent then mine
santanu : :
santanu : : amit g another chart pl
milanchn : : write on chart.. what slope line to read..
gopala : : amitg 2-4 example aur do
Amitg : :
santanu : :
santanu : : is this ur set up
Amitg : : yes but retresment part missing minimum 50 % we need
milanchn : : ab reliance chart mai kaise samajna? what pattern
Amitg : : connect 2 peaks price moving above trend line enough and back to touch trend line then entry lomg
Amitg : : i think its simple
milanchn : : retuch of trend line can buy /sell again?
Amitg : : yes milan sir
milanchn : : we need to keep watching.. the TL
Amitg : : i love reversal trading dada
Amitg : : breakout is looking costly i feel
milanchn : : now catchin trend line bcomes important
prg : : wipro daily
prg : : is it correct
Amitg : : no sister
Amitg : : this is reverse tl
Amitg : : we need 2 consicutive peaks
prg : : correct that chart bro
Amitg : :
Amitg : : we need swing
Amitg : : significant visiblly
Amitg : : 90 % of times its works and 85 % times new high or low comes
Amitg : :
Amitg : : trend line break check then waiting for pattern thats all
prg : : ok got it sirji
Amitg : : yes santanu da
Amitg : : in my pattern this is simple normal trend line no complex
prg : :
prg : : took closed price
prg : : 2valleys and one peak
Amitg : : as per pattern its right but i prefer candles not close price
prg : : ok got it
Amitg : : on eod charts this pattern if find you get awsome risk reward with great wining ratio
milanchn : : amitg-- can u also mark once.. where shuld be entry/exit points
Amitg : :
Amitg : : as per me minimum 50 % retresment nessesery
Amitg : : after close above trend line dont see pattern dada
Amitg : : and also need 50 % rule
santanu : : it touch 50%
Amitg : : 50 % done above trend line pattern invalid
prg : : http://prntscr.com/8pr99g
prg : : andhra bank daily
Amitg : : yes sister look for woodies entry here
prg : : woodies means famir or ghost ?
prg : : htlb
Amitg : :
prg : : ok bro check bajaj auto
Amitg : : post your chart
prg : : http://prntscr.com/8prah5
prg : : its near .618
Amitg : :
Amitg : : try to catch near 45 degree angle of trend line sister from this you mostly got recent swings automatically
prg : : 45 degree means
Amitg : : slope of trend line
Amitg : : sister i mean try to take recent peaks
Amitg : : not much far
Amitg : : this is possible if we see steepness of trend line
prg : : bajaj auto is like nifty..i thought
Amitg : : check nifty sister steepness of tl and compare with bajaj auto you got answer
Amitg : : wait posting as per your marking
Amitg : :
Amitg : : sister clear on not
Amitg : :
Amitg : :
jalandar : : Look for trend line break then see swing high or low then make fibbo then at 50 % fibbo look for wcci signal.

posted by bprakash on Sun Oct 11, 2015 07:01 am

#2

posted by bprakash on Sun Oct 11, 2015 07:03 am

#3

posted by bprakash on Sun Oct 11, 2015 07:04 am

#4

As i under stood , posted two graphs

posted by spansarkar on Sun Oct 11, 2015 08:22 pm

#5

posted by spansarkar on Sun Oct 11, 2015 08:23 pm

#6

is it ok Amitg sir ?

posted by spansarkar on Sun Oct 11, 2015 08:23 pm

#7

is it ok Amitg sir ?

posted by Amitg on Mon Oct 12, 2015 03:07 am

#8

posted by Amitg on Mon Oct 12, 2015 03:07 am

#9

posted by Jabar on Mon Oct 12, 2015 04:50 am

#10

HCLTECH:

Mean Renko Size = 0.5% of Price

posted by Amitg on Mon Oct 12, 2015 05:27 am

#11

jabar bhai for this setup price must be touch trend line

posted by prg on Mon Oct 12, 2015 06:01 am

#12

ongc dialy http://prntscr.com/8qcj18 

posted by Amitg on Mon Oct 12, 2015 06:04 am

#13

in ongc this is reverse tl sister

posted by prg on Mon Oct 12, 2015 06:31 am

#14

ok thank u brother

posted by prg on Mon Oct 12, 2015 07:13 am

#15

HDFC DAILY http://prntscr.com/8qcyk2 

posted by Jabar on Mon Oct 12, 2015 10:28 am

#16

HCL Tech Update:

posted by Jabar on Mon Oct 12, 2015 10:30 am

#17

Isn't 50% retrace enough as you suggested earlier in your posts??

posted by Amitg on Mon Oct 12, 2015 11:57 am

#18

minimum 50 % i mansion bhai tl touch must

posted by prg on Mon Oct 12, 2015 12:01 pm

#19

hcl tech daily http://prntscr.com/8qf4uh 

posted by jalandar on Mon Oct 12, 2015 03:30 pm

#20



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