Santu Baba Tricks
CREDITS GOES TO SANTU
BABA SIR
TRICK No.1
RSI Breakout RSI MUST CROSS 60 1ST POINT
RSI MUST MAKE A PEAK ABOVE 60 2ND POINT
THEN RSI AFTER MAKING PEAK SHOULD SLOPE DOWN BUT SHOULDN'T SLOPE BELOW 60 3RD POINT
AFTER SLOPE IT SHOULD RISE AGAIN AND CROSS THE PEAK IT MADE FINAL POINT
RSI Calculation
1. Typical Price = (High + Low + Close)/3
2. Raw Money Flow = Typical Price x Volume
3. Money Flow Ratio = (14-period Positive Money Flow)/(14-period Negative Money Flow)
4. Money Flow Index = 100 - 100/(1 + Money Flow Ratio)
FRIENDS USE THIS SETUP FOR TIME BEING RSI CROSSES 60 MFI CROSSES 60 RSI(14) Breakout
The RSI is classified as a momentum oscillator, measuring the velocity and magnitude of directional price movements. Momentum is the rate of the rise or fall in price. The RSI computes momentum as the ratio of higher closes to lower closes: stocks which have had more or stronger positive changes have a higher RSI than stocks which have had more or stronger negative changes up trends generally traded between RSI 40 and 80, while downtrends usually traded between RSI 60 and 20.
If the relative strength index is below 50, it generally means that the stock's losses are greater than
the gains. When the relative strength index is above 50, it generally means that the gains are greater
than the losses. The slope of the RSI is directly proportional to the velocity of a change in the trend.
the distance traveled by the RSI is proportional to the magnitude of the move.
than the losses. The slope of the RSI is directly proportional to the velocity of a change in the trend.
the distance traveled by the RSI is proportional to the magnitude of the move.
TRICK No.2
Fibonacci Numbers
Time frame 15 mints
We Need Consecutive Lower Highs
And Lower Lows Break Of 3rd Candle Low Is
Short With 3rd Candle High As Stop Loss We Wait For 5th Candle To
Form Once It Breaks 5th Candle Low
We Modify Our Stop Loss To 5th Candle High Only If Breaks 5th Candle Low Or
Else Our Stop Loss Remains At 3rd Candle High Now We Wait For 8th Candle To
Finish ..Only If 8th Candle Low Breaks We Bring Down Our Stop Loss To 8th
Candle High Or Else As Said 5th Candle High Remains As Stop Loss
In Above Chart 6th Candle Going
On
So We Need To Wait ..
I Shorted Copper With Stop Loss
At 5th Candle High Plus Buffer Ie 404
Simple Funda Works For Any
Instrument Any Market Any Time Frame
Understand Logic
MOMENTUM BREAKOUT
Take 1st 5 mnts candle
9.15am to 9.20am candle
Open High Low
Now
High-open = x
Open-low = y
Buy entry = high + x
Sell entry = low - y
Exit at your comfort Accuracy is
85% Works on any market any segment
Example;
M&m spot 1st 5min candle
Open 787.50
High 792.40
Low 787.35
High - open = 792.40 - 787.50 = 4.90 = x
Open - low = 787.50 - 787.35 = 0.15 = y
Buy entry = high + x = 792.40 +
4.90 = 797.30
Sell entry = low - y =
787.35 - 0.15 = 787.20
Important is difference between x &
y must not exceed 1%
But here difference is
797.30 - 787.20 = 10.10 which is more
than 1% so we avoid this trade
So, message is
Buy if crosses 797.30 with stop loss spot
at 787.20
Or
Sell if breaks 787.20 with stop loss spot
at 797.30
Today’s high and low at close
High 794
Low 783.65
Result no breakout no trade
TRICK No.4
73.6% TRICK SUPER
POWERFUL
TAKE HIGH AND LOW OF A BAR
LET’S DO WITH LIVE EXAMPLE FOR BETTER UNDERSTANDING
INFOSYS SPOT
HIGH 913.25
LOW 892.20
NOW 50% IS (913.25+892.20)/2= 902.725
LIKE HOW WE CALCULATED 50% WE NOW NEED TO CALCULATE 73.6%
73.6% IS 907.93
INFOSYS CLOSED ABOVE THIS AT 908.25
SO AS THIS CLOSED ABOVE 73.6% IT IS A STRONG SIGNAL
IF INFY CROSSES HIGH ie 913.25 THEN FOR SURE IT WILL TOUCH
173.6% ie 929
SUPPOSE INFY HAD CLOSED AT 895 THEN 73.6% IS 898.05 AND ITS
A BEARISH SIGNAL
AND U SHOULD HAVE SHORTED IF LOW ie 892.20 BREAKS FOR TARGET
-173.6% ie 876.90
CLOSE ABOVE OR BELOW 73.6% IS IMPORTANT
IF STOCK CLOSES NEAR DAYS HIGH THEN CALCULATE +73.6%
IF STOCK CLOSES NEAR DAYS LOW THEN CALCULATE -73.6%
TARGET
IF BUY IS +173.6%
IF SELL IS -173.6%
TRICK No.3 MOMENTUM BREAKOUT
ReplyDeleteTake 1st 5 mnts candle
9.15am to 9.20am candle
Open High Low
Now
High-open = x
Open-low = y
Buy entry = high + x
Sell entry = low - y
any scanner abv chartink weblink PLease
IKE HOW WE CALCULATED 50% WE NOW NEED TO CALCULATE 73.6%
ReplyDelete73.6% IS 907.93
This is wrong calculation
You are right.
Delete