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  #61 (permalink)  
Old 17-10-2016, 01:23 PM
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On Friday ( 14-Oct ) , new e5 level set generated along with new primary short signal.

+e2 : 8709
+e1 : 8649
e0 : 8590
-e1 : 8530
-e2 : 8471


System took short trade at proxy open price of 8596.

Currently system has just entered in new primary zone and its too early atleast in this e5 level set to get any secondary positions, so +-e1 and +-e2 levels are relatively less relevant regarding any new positions additions.
With new changes in system's secondary position selection, +-e1 levels are of less importance than +-e2 levels. In new approach +-e2 level pullback will be taken for secondary positions in same direction as primary positions. There will not be any offsetting against primary position.
I will explain more about these as they happen.
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  #62 (permalink)  
Old 19-10-2016, 02:00 AM
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Today's candle has made a sharp move up, nothing is changed for prior set short primary status and system is considering it as pullback and most probably it will get +e2( 8709 ) level to go with another short in form of secondary position. Whether it get actual cross through of +e2 level or gap beyond that ( in that case proxy open price will be secondary short price ) system will take secondary short position and will carry till situations dictate otherwise, we dont have to worry about that ...
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  #63 (permalink)  
Old 21-10-2016, 03:28 AM
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System has taken Secondary short position at +e2 level ( 8709 ).
Now its carrying 1 base short position from 8596 and 1 secondary short position from 8709.

Now here come time to explain effect of new changes made. As i said earlier also , this can be done with any sort of pivot levels, not necessarily e5. e5 level s provide only reference levels to lean the trade against them. Previously upshift and downshift of e5 level was taken as proxy for trend alongwith some other measure, but now upshift/downshift of e5 level is excluded from trend proxy and only other measures are responsible for trend proxy.

As we mostly know none of measure can be always in trend proxy , there will be some non-trend/chop zone before complete transition of trend to other zone. Secondary trades are now considered for profitable exit, if in non trending zone a new e5 level generate against trend.

Current situation is turned in Non-Trending zone from 19-Oct, if prices makes new e5 level above the current one ( which will happen when opening above +e2 level ) and non-trending zone persist then -e2 level of newly generated e5 level will be exit for this secondary short. On the other hand , if prices makes new e5 level below the current one then even being in non-trending zone secondary trade will be continue to progress along with primary trade as the price action automatically favor that.

If prices get transition back to long trends then both these positions will be terminated and new positions will be taken as per trend guidance.

What we need to do - wait for opening above current +e2 level, let new e5 set generate, if system still evaluate it is in non trending zone then newly generated -e2 level will be exit of secondary position.
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Last edited by devdas; 21-10-2016 at 03:32 AM.
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  #64 (permalink)  
Old 25-10-2016, 12:24 AM
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Today new e5 level set generated and system is still evaluating current phase as non-trending hence -e2 level of newly generated e5 set is exit for secondary short, if prices got their before complete change of trend.

new e5 level set is

+e2 : 8839
+e1 : 8779
e0 : 8718
-e1 : 8657
-e2 : 8596


8596 is exit point for secondary short.
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  #65 (permalink)  
Old 26-10-2016, 03:03 AM
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No changes in non-trending phase with today's ( 25-10-2016) trading.
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  #66 (permalink)  
Old 26-10-2016, 10:22 AM
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There was 1 tick low around 8585 after opening, system is discarding as it cant place order just at opening. If later it gives tradeable opportunity at -e2 level then secondary short will be exited at that level.
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  #67 (permalink)  
Old 27-10-2016, 12:48 PM
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Ok,

First: yesterday's closing has turned trend proxy again in downside from non-trending phase. Here it is to understand that this could only be evaluated near market close and if market has given tradeable opportunity in morning around (-e2 ) 8596 then system would have exited secondary position at that moment. But this could not happen due to single tick low.

Second: so system has now both position in accordance with trend proxy and hence it do not need to exit secondary trade anymore, unless trend proxy again turn into non-trending zone.

Third: Today's opening has generated new e5 level set with provisional values as below

+e2 : 8700
+e1 : 8644
e0 : 8587
-e1 : 8530
-e2 : 8474


Forth: Both short positions are now shifted to Nov expiry with expiry shift value of 41 points , which will reflect in trade shift.
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  #68 (permalink)  
Old 28-10-2016, 03:18 AM
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Final settle value today( 27-10-2016) for e5 set is

+e2 : 8708
+e1 : 8648
e0 : 8587
-e1 : 8526
-e2 : 8466
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  #69 (permalink)  
Old 02-11-2016, 02:39 AM
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No change in trend proxy and any position in last two days of trading 28-Oct and 1-Nov.
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  #70 (permalink)  
Old 03-11-2016, 01:01 PM
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Trend proxy is in down side. Additional exit rule for secondary position dictate , if trend proxy turns in non-trending phase then secondary position will be exited at proxy open price.
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