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A TRADING IDEA-NEED FEED BACK |
NARENDRA.K.M
White Belt
Joined: 05 Jan 2008
Posts: 1
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Post: #1  Posted: Sun Apr 26, 2009 8:19 pm Post subject: A TRADING IDEA-NEED FEED BACK |
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I am new to trading and planning to implement the following strategy.
I wanna use EMA (HIGH,20) as upper band , EMA (LOW,20)as lower band . Buying when ever price cross with lower band as stop loss. And to buy put option when ever price slips below lower brand. This put option shall be squared off on price rising above the upper band.
Can any body give their opinion on this strategy. |
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