Wednesday, January 8, 2014

Experimentation on 30mins breakout system

The 30 mins breakout system is highly popular globally among traders. It is believed that market professionals wait for the first 30 mins for the market to cool down and then take trades for the day.
Starting today 08-Jan to 16-Jan-14, I will try to post the trading signals that I get from my own interpretation of the 30 mins breakout system which I have formulated. Please note this experiment has been initiated only for monitoring the effectiveness of the system. (Follow it at your own risk !!!).



 

2 comments:

  1. Great sir !!
    any help in automation ,i will be there !!!!!!

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  2. Hi Neo,
    Thanks a lot for your willingness to contribute towards this experimentation.
    I will indeed need automation for the following:
    Fetch HIGH, LOW, CLOSE of previous trading day.
    Fetch OPEN, HIGH, LOW, CMP at 9:45 am
    The stocks are from LIX-15 index

    How is your trading going? Did you trade ONGC, which went as predicted?

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