Most of traders develop trading systems based on patterns we see in price action or in momentum or other indicators. But, what if we took “time” into account as well?
When ever we talk of TIME, one person which come to our Mind is legendary W D Gann. But there are many other famous traders who developed and traded strategies based on time.
All traders are looking for that edge. As individual retail traders, we’re competing against the best minds, the most experienced and skilled traders in the world. If you looked at it logically, they hold all the cards, they have a big-brother view of what’s going on in the markets every minute of the day. Does this mean we don’t stand a chance? Not at all – we just need to be a little bit creative sometimes with our trading systems and we can beat them at this game.
I have made my time based scanners based on various strategies, which covers 213 FNO Stocks, Below is the sneak peek of the stocks whose trend is changing in coming week based. Observe them. Note down the High Low of Trend Change date and try to trade next day when High or Low is broken of TC date.
Few Points to note before placing any trades
- Please note do a proper back testing before taking any trade on it,
- Trade in cash market do not take leverage , Do not jump and start trading,THIS IS NOT A HOLY GRAIL
- Its an additional information i have provided on repeated request of readers to see how time cycle works.
- With time analysis we need to have a proper price levels to enter and exit the trade which is dependent on the trading system a trader follows.
- If Stock name come twice in list it suggests time cycle converging and explosive move can be seen.On multiple days date try to do intraday trade on those stocks Like Reliance Capital.
- If date mentioned is holiday use the last trading day data.
We have shared for Aug and Sep which can be seen here
is this valid for next trade day only or we can trade any day whenever any break happens of TC day high low?
one more thing what will be stoploss
as per my understanding
Ex:
if TC day high is broken then we have to buy and sl will be tc day low
is this right?
Kindly guide
Any day..
Right if its more adjust as per your risk profile..
Soumendu, Tarun, Refer point no. 6 –> If date mentioned is holiday use the last trading day data.
Exactly..
How to trade time cycle convergence which day’s high low to follow?
For e.g. RELCAP is having date on 11 OCT and 13 OCT which date high low to follow 11 or 13 and when to trade 12 or 14?
Kindly reply.
Doing great job sir.
I have added few more points based on the comments received. Please reread the post again, Hopefully i have clarified all the queries..
Hello Bramesh ji,
Ok. I have made my spreadsheet and am ready to track it next week to see which stocks on your list obey time cycles. You have helped us all quite a bit in many varied ways so God bless, I hope you continue in your endeavours. Now a few questions and/or comments on your list above…
(a) DHFL is in Ban period.
(b) CAIRN, CROMPGREAV, MCLEODRUSS are no longer in FNO.
(c) Many stocks in the list appear again on different dates. e.g. CESC, Auropharma (8/10), Colpal (8/13), HDIL (8/10/14), IBULHSGFIN (8/11) etc. So how do we follow these?
Kindly give us your pointers on (c). Thanks & Regards,
Paresh
how to trade stocks whose date 8th october,sunday.
Sir, U have mentioned TC date for many stocks on 08/10/2017 so that appropiate trade can be taken next day. But 08/10/2017 is a trading holiday. So what to do?
use last trading day data..