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HMK alias MANOJ
@scorpiomanojFRM
, 3 tweets, 2 min read Read on Twitter
#TRADING Powerful combination : Weekly floor pivots and daily Camarilla pivots; Weekly upper floor pivots + daily Camarilla S3 confluence zone acts as a solid support zone. Weekly lower floor pivots + daily Camarilla R3 confluence zone acts as a solid resistance zone....
.... Backtest results on all FNO underlyings since Feb 2019 on 5 min TF
Annualised returns 118%
Max drawdowns -3.7%
Profit factor 2.3
55% winning trades.
Edge...... Edge lies in an important pre-requisite for taking trades based on above pattern and ofcourse exits....
.... Can look at the long and short illustration charts and can find out easily what is the pre-requisite; will leave it to viewers.....
Have proper risk management in place.
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HMK alias MANOJ
@scorpiomanojFRM
#BANKNIFTY Do you know?
BNF Weekly pivots:
BNF weekly pivots has formed an IV (Inside Value) relationship, meaning the weekly pivot for next week's trading is within the weekly pivots that was used for the current week. Now what does this signify?....
…..IV relationship has a higher possibility of market trending (NOT CERTAINITY) either up or down.

BNF Daily pivots:
Daily pivots for nxt day's trading having an HV relationship with prev day's pivots and price has closed above current and next day's pivots. Its meaning?....
…… A possible higher opening UNLESS AND UNTIL PROVEN OTHERWISE.
This is the advantage of pivots. Pivots tell you the possible structure of the markets for the next day / next week / next month. So you always enter into the market with an extra info ….
Read 7 tweets
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HMK alias MANOJ
@scorpiomanojFRM
#Trading
Greatest Traders of All Times :

� Arthur Cutten: Turned $1,000 dollars into over $90 million dollars.
� Richard Dennis: Turned $400 into $200 Million in 10 years.
� Ken Griffin: Started in a dorm room and at 38 is worth $3 BILLION!
...
....
� Dan Zanger: Pyramid $10,775 into $42 million in less than 2 years!
� Michael Marcus: Rolled out a $30,000 account into over $80 MILLION.
� Tom Baldwin: Parlayed $25,000 into over $2 Billion.
� Ed Seykota: Made 250,000 percent return on his account over 16 years!
...
...
� Nicolas Darvas: Leveraged $25,000 into $2.25 million in 18 months.
� Michael Lauer: Provided investors with a 50-fold return over 7 years.
� Mark Cook: Registered back to back gains of 563% and 322%.
...
Read 9 tweets
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HMK alias MANOJ
@scorpiomanojFRM
#PIVOTS Do you know? There are 4 types of CPR relationship vis a vis Prev day cpr; 1)HB ( today’s cpr entirely above prev days cpr) 2) OHV ( today’s cpr partially above prev day cpr) 3) LV (today’s CPR entirely below prev days cpr) 4)OLV (today’s cpr partially below ....
....Prev days cpr) 5) IV (Inside Value) (Today’s cpr is within Prev day’s cpr) 6) OV ( Outside Value ) ( Today’s cpr is engulfing Prev days cpr) ; Each of this relationship denotes a clue; 1 is predominantly bullish, 2 mildly bullish, 3 bearish, 4 mildly bearish.....
....5 possible trend day, 6) possible range bound day. Closing price point adds further strength to the above clues, for eg I case of 1 of price closes above the cpr, the bullish view is strengthened.....
Read 5 tweets

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Prashant Mullick
@VohiCapital
The next two weeks will be about holding fort to attempt getting past the trading errors of this week.

Bad trades, bad decisions.

#trading #markets
The thing with bad decisions in trading or any other endeavor is that it begets other bad decisions.

The first thing is to get back to the basics and put things straight.

/2
The simple things go out of whack with these bad decisions.

#process
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/3
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Raja Dey
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This is what each "Moving Average" means in trading and how to use them.

#Trading #StockMarket .@NSEIndia .@BSEIndia .@moneycontrolcom
FOLLOW @iRajaDey
5-Day EMA: This is a sign of strong momentum. It tracks the trend in the short term frame. This is support in the strongest low volatility up trends. A break back above this line is a sign for me that an uptrend may be resuming. I primarily use it as an end of day trailing stop.
10-Day EMA: A great moving average to use to keep you on the right side of the major market trend. It is the first line to be lost before any real trouble begins. It can be used as a standalone signal that tend to trend strongly in one direction for long periods.
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Alex Krüger 🇦🇷
@Crypto_Macro
Gorgeous crypto reversal underway, particularly so on $ETH given how undersold it was, although the setup was cleaner on $BTC. Ideal long entries in my book:
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- BTC: 1500-1930 EST $6100-$6170
#trading
Setup described as a strong drop that slowly rolls over, upwards. Ideal longs come in the 61.8%-70% reversal, ideally on a 2nd push towards a prior failed attempt to break higher - looking to trade the breakout of the prior failed attempt. Don't want to be dogmatic about the %s.
This may sound like a lot of work, requiring too much chart watching. But it is not so, as these kind of reversals do not happen that often.
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IMReturnsManager
@IMRiskManager
Some useful links & resources for traders
#Trading
#MarketProfile
#mp_amt
1. The Disciplined Trader thread in PDF
2. James Dalton & Peter Reznicek - Market Profile Webinar March 2017
Read 24 tweets
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IMReturnsManager
@IMRiskManager
Weekly Spam Alert
#WeekendReading The Universal Principles of Successful Trading by Brent Penfold
read good reviews of it many times in past
1 If u function only in an environment of certainty & security, like being in a secure relationship or secure job, then trading is not for u
2If u r n intellectual who rarely admits 2 being wrong, then trading is not 4 u,as markets have regular tendency 2 belittle u & make u wrong
Read 22 tweets
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IMReturnsManager
@IMRiskManager
Weekly Spam Alert
This week it will the 'The Art of War' of Sun Tzu
Not directly related to Markets but I guess this classic will be useful.
1.Do big institutions let any1 know what they r doing in Markets?
Does dis quote of Art of War reminds u stealth short covering/silent accu
2. Though we have heard of stupid haste in war, cleverness has never been seen associated with long delays.
#timing in trade
The Art of War
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