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3 , 15 EOD EMA Cross over trades |
taruj
White Belt
Joined: 20 Apr 2011
Posts: 260
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Post: #526  Posted: Wed Dec 31, 2014 4:42 pm Post subject: |
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Nifty Spot No Crossover till now.
3EMA - 8258.91
15EMA - 8259.06
difference is very small..
1 aggressive trader told that he has entered in anticipation of a full crossover today at 3:00 PM as the crossover was done then.
Steve: what could be done in such scenarios where the crossover is done in Nifty Futures but not in spot? do we buy or wait for one more day/ time.. 
what if its simply a rejection 
Everyone: Have a very happy and healthy new year !!
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #527 Posted: Wed Dec 31, 2014 6:38 pm Post subject: |
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| taruj wrote: | Nifty Spot No Crossover till now.
3EMA - 8258.91
15EMA - 8259.06
difference is very small..
1 aggressive trader told that he has entered in anticipation of a full crossover today at 3:00 PM as the crossover was done then.
Steve: what could be done in such scenarios where the crossover is done in Nifty Futures but not in spot? do we buy or wait for one more day/ time..
what if its simply a rejection
Everyone: Have a very happy and healthy new year !!
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as per Charts (Premium), crossover has happened. since steve trades in options which are related to fut premium, I would think he would have entered a trade. |
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satishkadam
Yellow Belt
Joined: 01 Apr 2010
Posts: 805
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| Post: #528 Posted: Thu Jan 01, 2015 9:44 am Post subject: |
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| vinay28 wrote: | | taruj wrote: | Nifty Spot No Crossover till now.
3EMA - 8258.91
15EMA - 8259.06
difference is very small..
1 aggressive trader told that he has entered in anticipation of a full crossover today at 3:00 PM as the crossover was done then.
Steve: what could be done in such scenarios where the crossover is done in Nifty Futures but not in spot? do we buy or wait for one more day/ time..
what if its simply a rejection
Everyone: Have a very happy and healthy new year !!
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as per Charts (Premium), crossover has happened. since steve trades in options which are related to fut premium, I would think he would have entered a trade. |
Steve/taruj/Vinay :
Whats the SL for the entry......
Thanks
Satish Kadam |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #529 Posted: Thu Jan 01, 2015 10:28 am Post subject: |
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| satishkadam wrote: | Steve/taruj/Vinay :
Whats the SL for the entry......
Thanks
Satish Kadam |
satish, strictly speaking SL is 3 crossing below 15 but that reduces profit IMHO. An improved method (pdf file) was posted by someone over a year ago in this thread or a similar one. You will have to search it. |
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satishkadam
Yellow Belt
Joined: 01 Apr 2010
Posts: 805
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| Post: #530 Posted: Fri Jan 02, 2015 9:37 am Post subject: |
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| vinay28 wrote: | | satishkadam wrote: | Steve/taruj/Vinay :
Whats the SL for the entry......
Thanks
Satish Kadam |
satish, strictly speaking SL is 3 crossing below 15 but that reduces profit IMHO. An improved method (pdf file) was posted by someone over a year ago in this thread or a similar one. You will have to search it. |
24 % up already..................
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satishkadam
Yellow Belt
Joined: 01 Apr 2010
Posts: 805
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| Post: #531 Posted: Fri Jan 02, 2015 1:04 pm Post subject: |
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| satishkadam wrote: | | vinay28 wrote: | | satishkadam wrote: | Steve/taruj/Vinay :
Whats the SL for the entry......
Thanks
Satish Kadam |
satish, strictly speaking SL is 3 crossing below 15 but that reduces profit IMHO. An improved method (pdf file) was posted by someone over a year ago in this thread or a similar one. You will have to search it. |
24 % up already..................
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50 % up............... |
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RAJDESAI1967
Yellow Belt
Joined: 19 Mar 2013
Posts: 518
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| Post: #532 Posted: Sat Jan 03, 2015 2:34 pm Post subject: ema crossover |
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| is there 3,15 crossover in Infy.. for long? |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #533 Posted: Sat Jan 03, 2015 4:57 pm Post subject: Re: ema crossover |
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| RAJDESAI1967 wrote: | | is there 3,15 crossover in Infy.. for long? |
are you asking this query because (a) you don't have access to charts or (b) you can't read charts?
BTW, this strategy is for crossover in nifty. As far as I remember, no one has so far confirmed whether it works for stocks. IMHO, it should if volumes are always large. |
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taruj
White Belt
Joined: 20 Apr 2011
Posts: 260
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| Post: #534 Posted: Sat Jan 03, 2015 7:50 pm Post subject: Re: ema crossover |
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| RAJDESAI1967 wrote: | | is there 3,15 crossover in Infy.. for long? |
hi RajDesai..
consider the points that vinay28 has mentioned.. no easy money.. 
while 3/15 does seem to be an easy way. please do backtest and see if it works for the scrips that you are interested in.
infy-1m
3ema 2004.44
15 ema 1990.4
Close 2025.2
keep an eye on the volume.
Bullish Crossover is complete as per 3/15
Best of luck and HNY!!
Regards, |
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stevenmat
White Belt
Joined: 27 Dec 2011
Posts: 478
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| Post: #535 Posted: Mon Jan 05, 2015 9:55 am Post subject: |
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Raj and taruj
I dont think this strategy works effectively for stocks.. I've myself monitored several stocks but it generally gives equal amounts of opportunities and misses.. which we obviously dont want... Hence please use this only for Nifty..
I was on holiday for a week.. but as vinaysaab pointed out there was a crossover EOD on 1st.. So if you had bought calls on 1st.. you would be sitting at decent profit..
So good luck !!
cheers
stevenmat |
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pkholla
Black Belt
Joined: 04 Nov 2010
Posts: 2890
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| Post: #536 Posted: Mon Jan 05, 2015 10:06 am Post subject: |
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Steve: Please carry a laptop + internet dongle on your next vacation. Your crossover strategy will pay for the holiday then and there
Cheers, Prakash Holla |
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kishjk7551
White Belt
Joined: 26 Jan 2008
Posts: 293
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| Post: #537 Posted: Mon Jan 05, 2015 10:18 am Post subject: |
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| pkholla wrote: | Steve: Please carry a laptop + internet dongle on your next vacation. Your crossover strategy will pay for the holiday then and there
Cheers, Prakash Holla |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #538 Posted: Mon Jan 05, 2015 11:14 am Post subject: |
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| stevenmat wrote: | | ..........I was on holiday for a week.. but as vinaysaab pointed out there was a crossover EOD on 1st.. So if you had bought calls on 1st.. you would be sitting at decent profit....... |
holiday uh? it doesn't go well with "vinaysaab". Namo is encouraging people to work hard and you go on holiday? 
lagta hai tumko permanent holidays pe bhejna padega!  |
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stevenmat
White Belt
Joined: 27 Dec 2011
Posts: 478
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| Post: #539 Posted: Mon Jan 05, 2015 11:17 am Post subject: |
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| pkholla wrote: | Steve: Please carry a laptop + internet dongle on your next vacation. Your crossover strategy will pay for the holiday then and there
Cheers, Prakash Holla |
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taruj
White Belt
Joined: 20 Apr 2011
Posts: 260
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| Post: #540 Posted: Mon Jan 05, 2015 5:00 pm Post subject: |
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| stevenmat wrote: | Raj and taruj
I dont think this strategy works effectively for stocks.. I've myself monitored several stocks but it generally gives equal amounts of opportunities and misses.. which we obviously dont want... Hence please use this only for Nifty..
I was on holiday for a week.. but as vinaysaab pointed out there was a crossover EOD on 1st.. So if you had bought calls on 1st.. you would be sitting at decent profit..
So good luck !!
cheers
stevenmat |
Hi Steven,
Thanks for your views.
I am following the trades as per a slightly faster entry ( and early exits ). Not very graceful exits always  . the profits are phenomenal in this system.
I agree that it may not work as well in Stocks, however still wanting to believe and doing backtests in various stocks and BNF.
This is the list BankNifty, Hindunilvr, LT, SBIN, Tatasteel, Tatamotors, TCS.
Maybe I will find what I am looking for maybe it will fizzle out..
Have a very happy and healthy new year .
Regards, |
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