Notes for Trading


posted by pssolanki on Sat Aug 23, 2014 12:34 pm

#1

This thread only for educational purpose. (copy paste from internet).

posted by pssolanki on Sat Aug 23, 2014 12:34 pm

#2

Each harmonic pattern posses the (X) A, B, C, D, progression that defines the swing highs and swing lows. The harmonic patterns with the highest probability have an AB=CD alignment that corresponds with specific fibonacci ratio’s of that pattern. Most often these are found in Gartley and Butterfly patterns.

The AB=CD is the buildingblock of harmonic patterns. Not only does it provide symmetry in Price but also symmetry in Time. Price and Time are the only two objectively quantifiable variables in the market.

90 % OF TRADERS LOSE MONEY TRADING. 5 % BREAK-EVEN. 5 % ARE CONSISTENTLY PROFITABLE.

IF YOU WANT TO BE PART OF THE 5 % THAT ARE CONSISTENTLY PROFITABLE YOU BETTER KNOW WHAT YOU ARE DOING AND WHO YOU ARE UP AGAINST. THE MARKET DOES NOT CARE ABOUT YOU, YOUR LEVEL OF EDUCATION, YOUR BELIEFS OF WHAT SHOULD HAPPEN.

posted by pssolanki on Sat Aug 23, 2014 12:41 pm

#3

§AFTER YOU PUT ON YOUR TRADE AND SET YOUR TARGETS GO DO SOMETHING ELSE.

§ IF YOU FEEL FEAR OR GREED IN YOUR TRADING THE MARKET WILL BREAK YOU.

§ WINNING OR LOSING A TRADE IS NOT IMPORTANT. IN ORDER TO WIN YOU HAVE TO LOSE.

§ YOU ARE PROGRAMMED TO AVOID PAIN/MISTAKES. IF YOU ASSOCIATE A LOSING TRADE WITH PAIN OR A MISTAKE YOU WILL LOSE.

§ YOU SHOULD RE-PROGRAMM YOURSELF TO EMOTIONLESS EXECUTION OF YOUR TRADING PLAN.

§ YOU SHOULD NOT CARE ABOUT THE OUTCOME OF AN INDIVIDUAL TRADE, IT IS YOUR MISSION TO TAKE ALL TRADES.

§ FEAR AND GREED ARE THE DARK SIDE OF THE FORCE.

§ TRADE WHAT YOU SEE, NOT WHAT YOU THINK

 

posted by pssolanki on Sat Aug 23, 2014 05:12 pm

#4

§IF YOU CAN’T ANTICIPATE YOU CAN’T PARTICIPATE.

§ HARMONICS GIVE YOU THE EDGE TO STAY AHEAD OF THE MARKET.

§ REPETITION IS THE MOTHER OF ALL SKILL.

§FIBONACCI’S GOLDEN MEAN IS FOUND EVERYWHERE IN THE UNIVERSE.

§ INDSIDE THE HUMAN BODY, SUNFLOWERS, THE SEA,SHELFS ,TREES AND THE PIRAMIDS.

§ INSIDE PLANETARY ORBITS AND THE SPIRALS OF ENTIRE GALAXIES.

§THE MARKETS ARE NEVER ENDING WAVES OF FIBONACCI DECLINES AND ADVANCES.

§ THE WAVES FORM PATTERNS THAT REPEAT THEMSELVES.

§ BY KNOWING THE PATTERN YOU KNOW THE WAVE IS ABOUT TO DECLINE OR ADVANCE.

 

posted by pssolanki on Sat Aug 23, 2014 05:38 pm

#5

§DEFINE SUPPLY AND DEMAND ZONES FROM THE 4H TIMEFRAME.

§ YOU ALSO LOOK LEFT WHEN CROSSING THE STREET, RIGHT?

§ TRADING IN SUPPORT AND RESISTANCE ZONES WILL IMPROVE YOUR PROBABILITIES.

§RATIO TRADING IS ALL ABOUT FINDING A PRICE ZONE IN WHICH MULTIPLE FIBONACCI RATIO’S COMPLETE IN A RELATIVE SMALL PRICE ZONE.

§ IN CONJUNCTION WITH SUPPORT AND RESISTANCE ZONE’S THE PROBABILITY OF A REVERSAL BECOMES EVEN HIGHER.

§PRICE VIBRATES IN HARMONIC WAVES UP AND DOWN IN FIBONACCI M AND W TYPE FORMATIONS.

§ THESE PATTERNS REPEAT THEMSELVES ON EVERY TIME FRAME, ON EVERY MARKET IN EVERY MARKET CONDITION.

§THERE IS NOTHING NEW TO TRADING, BUT THERE IS A NEW TRADER BORN EVERY DAY LISTENING TO PROPAGANDA.

§ YOU DON’T NEED FANCY INDICATORS.

§ ALL YOU NEED IS YOUR EYES AND A HORIZONTAL LINE.

§TREND IS RELATIVE, THEREFORE IT DOES NOT EXIST.

§ RATIO’S ARE ABSOLUTE, THEREFORE THEY DO EXIST.

 

posted by sjnanes on Fri Sep 26, 2014 03:55 pm

#6

Hi PSS ji

Thanks for sharing the importance of harmoincs...however I see that after X , A and B , sometinmes the stock price breaks the C pattern and move sidewaves....how to trade on such time.Also which timeframe does the AB=CD pattern work wit consistency....

I have been using the harmoic indicators and find the on 30 min and 1hr the harmoic patterns are more reliable than on lower time frames of 1,5.same for Ab=CD.

could you share where to take entry and where to exit in AB=cd pattern and harmoic patterns.

As always it's a honour to be in company of people like you.

Thanks 

SJ

posted by gopala on Fri Sep 26, 2014 06:13 pm

#7

100 % correct solanki ji

posted by pssolanki on Sat Sep 27, 2014 02:57 pm

#8

Hi SJji,
Your all Q's answer already in above note:

Q.
after X , A and B , sometinmes the stock price breaks the C pattern and move sidewaves....how to trade on such time.
A.
§PRICE VIBRATES IN HARMONIC WAVES UP AND DOWN IN FIBONACCI M AND W TYPE FORMATIONS.


Q.
Also which timeframe does the AB=CD pattern work wit consistency.
A.
§ THESE PATTERNS REPEAT THEMSELVES ON EVERY TIME FRAME, ON EVERY MARKET IN EVERY MARKET CONDITION.


Q.
I have been using the harmoic indicators and find the on 30 min and 1hr the harmoic patterns are more reliable than on lower time frames of 1,5.same for Ab=CD.
A.
I am not using any harmoic indicator.
§ YOU DON’T NEED FANCY INDICATORS.

§ ALL YOU NEED IS YOUR EYES AND A HORIZONTAL LINE.

Q.
could you share where to take entry and where to exit in AB=cd pattern and harmoic patterns.
A.
http://niftypundit.com/topic/images-of-harmonic-patterns-others-patterns.html

Thanks and Regards,
Solanki


 

posted by pssolanki on Sat Sep 27, 2014 02:57 pm

#9

Thanks gopala ji.

posted by pssolanki on Sat Sep 27, 2014 03:04 pm

#10

Copy from Internet:

You can trade with the trend, perform a perfect analysis and have your trade go in your favor. But, suddenly some exporter threw a big order into the markets and a sudden spike triggers your stop loss order. This also applies for rumors. Market rumors are common and commonly untrue. Some big market participants create rumors for their own short term interests, and you are thrown out of the trade. A low time frame system means that you don’t have time to analyze these rumors. Zoom out to the higher time frame and there’s no noise there. 

 

posted by pssolanki on Thu May 11, 2017 03:41 pm

#11

Before entry, need to check that you have to monitor. Else pls do ingnore your entry. 



  • About | Privacy | Terms Of Use | Contact

    Disclaimer

    NiftyPundit.com will not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of any information by anybody mentioned anywhere on this site. This site and the information included herein is for general information purposes only and does not constitute an offer to sell or solicitation of an offer to purchase any security or any advisory or trading management service described herein. The writers may or may not be trading in the securities mentioned.
© NIFTYPUNDIT.COM 2017. ALL RIGHTS RESERVED