When To Enter And Exit Trades-Using Clear method-by Ron Black

Clear method, a way to determine the direction of short-term price swings. The method identifies the direction of the current price swing and the precise day the swing direction changes. It requires no calculation and has no delay. It is applicable to all stocks, commodities, and indexes in any time frame.

We saw how, unlike most technical indicators, the Clear method does not use the open or the close for its analysis. Instead, it uses the range of the daily price bar as the measure of price uncertainty. I looked at how price bars are simplified distributions. Since prices are distributed, we consider the price to be different only if the two distributions (price bars) do not overlap; the bars must be “clear” of one another.

Movement of the price bar
Figure 1 shows the Clear method in action, showing the up swings, down swings, and the “clears” that define the changes in direction. In this article, I will look at how the method defines the only three things price can do: move in the direction of the swing, not move, and reverse swing direction. When the price is not moving, there is noise. I will take a brief look at the noise percentage as a measure of continuous directionality. Finally, I will look at a way you can use noise to decide when to enter and exit trades.

Mukesh Ambani to be World’s Richest in 2014

The Fobres Magazine has forcasted in its recent Report “What Happens Next-Our Outlook Ahead” that Indian Bussiness Tycoon Mukesh Ambani could be the richest man on Earth in 2014.
What It Means for Reliance Industries Share Price- Reliance Industiries is now Quoting at 958 INR per Share on NSE. If we consider the above report and goes for Valuation of RIL by 2014, It must be quoting around 3500-3900 by 2014 or another instance of Stocks-Splits or Bonous may be considered by the RIL Board by 2014-2015.
So having RIL shares around 960 INR will be a wisefull decision for the Target of 3500-3900 over 3 years.

IIP Data July 2010-Chears to Indian Equity Traders !

1.IIP Data expanded 13.76% in July 2010, compared to 5.76% growth in June, beating the Street’s expectation of 7-8%.
2.Inflation rasies to 9.97% in July.
3.Manufacturing, which generates exployments has been doing well, Grown by 15%.
4.Capital Goods contributed mostly to this Growth in July.All Inventories have used.
5.RBI may rise Rates again to tame the Inflations.Creatit growth is yet to Pick-Up.
6.We are on the Track to achieve the 8.5% Growth Rate.


The Author is Senior Chartist of M/S Durgapur Holdings( www.niftynext.blogspot.com). She may be contacted at niftynext@gmail.comOr + 91 880 2230 836.

How to TRADE ON our calls?

Example :

Buy NIFTY above 4400 target 4445 – 4485 SL 4380

       Always take entry after above price. (Technically we call it is breakout level)

       Let nifty to cross 4400 then if sustain for 1-3 minutes then Buy.

       When 1^st target achieved, book 50% profit, revise SL to Buy Price.

       When 2^nd target achieved book 100% profit, revise SL to 1^st target.

Or

You can trail Stop loss and enjoy good profit, like this

       Always take entry after above price. (Technically we call it is breakout level)

       Let nifty to cross 4400 then if sustain for 1-3 minutes then Buy.

       When 1^st target achieved, revise SL to Buy Price.

       When 2^nd target achieved book revise SL to 1^st target.(HUGE PROFIT)

Similarly follow above instructions for Sell Calls.

Similarly follow above instructions for all categories of products means, Cash Calls,  Nifty ,Bank Nifty,CNXIT Futures Calls( Intraday & Delivery ).