View previous topic :: View next topic |
Author |
Alchemist 5/200 ema method in Stocks |
smile.dhanno White Belt
Joined: 19 May 2011 Posts: 28
|
Post: #211 Posted: Mon May 25, 2015 2:32 pm Post subject: |
|
|
sriharikande wrote: | thankyou,
you mean adani ports 5-34 cross over in daily TF and cese waiting to buy. |
All TF are 30M for this thread.
|
|
Back to top |
|
|
|
|
kd_100*26 White Belt
Joined: 05 Jan 2015 Posts: 30
|
Post: #212 Posted: Mon May 25, 2015 4:07 pm Post subject: |
|
|
Hello,
How did you take a decision(which parameters) to wait rather than taking a call on CESC even though it showed 5/200 bearish crossover?
If we see if somebody have enetered into CESC (SELL) then it got whipsawed on 30 TF and again there was 5/200 bearish crossover..Such whipsaws are more seen in stocks rather than NF and BNF...
|
|
Back to top |
|
|
sumesh_sol Brown Belt
Joined: 06 Jun 2010 Posts: 2344
|
Post: #213 Posted: Mon May 25, 2015 7:02 pm Post subject: |
|
|
kd_100*26 wrote: | Hello,
How did you take a decision(which parameters) to wait rather than taking a call on CESC even though it showed 5/200 bearish crossover?
If we see if somebody have enetered into CESC (SELL) then it got whipsawed on 30 TF and again there was 5/200 bearish crossover..Such whipsaws are more seen in stocks rather than NF and BNF... |
Few pointers IMHO:
- Always pay attention to RSI when entering a trade.. When a buy/sell signal triggers and RSI near extremes (80/20), be ready for a retracement around 200 ema.... In such case , you should check higher timeframe also... Like here CESC is in down trend , making lower high/lower low on eod... so even if RSI is oversold on 30tf , chances of stock making further low are quite high.. Now , as per rule it has NOT taken out your SL for short trigger. 5/200 upside crossover did happen on 1130 candle (cash price), but high of this candle (568.80 ) was not breached, so you r still in trade.....
You have to take some risk and proper hedging whenever situation calls for , because we are followers of the market and not the other way round. So, just follow simple rules and common sense....
|
|
Back to top |
|
|
smile.dhanno White Belt
Joined: 19 May 2011 Posts: 28
|
Post: #214 Posted: Tue May 26, 2015 12:16 am Post subject: |
|
|
Watch out Infy and L&T again at this crucial juncture.......
L&T has also shown negative divergence
Point is you can get opportunities in many stocks at any time....but trade in only 3-4 stocks and do trade Index....this system works best for Index as suggested by SH sir. (Longs booked in NF also...so no pos there waiiting for a fresh one)
Ready for a bang bang expiry.
|
|
Back to top |
|
|
sriharikande White Belt
Joined: 20 May 2014 Posts: 7
|
Post: #215 Posted: Tue May 26, 2015 12:52 pm Post subject: |
|
|
adani ports looks like EVENING STAR in daily chart to my little knowledge.
any way i gone long after 5-34 cross over in july month.can any body clarify am i correct.
thank you,
|
|
Back to top |
|
|
gopal_1438 White Belt
Joined: 24 Feb 2013 Posts: 223
|
Post: #216 Posted: Thu May 28, 2015 12:03 am Post subject: |
|
|
Can we follow this system on daily basis..If yes Ceat 5 ema = 768.65, 34 ema = 776.12, 200 ema = 751...price closed today at 759
|
|
Back to top |
|
|
smile.dhanno White Belt
Joined: 19 May 2011 Posts: 28
|
Post: #217 Posted: Fri May 29, 2015 12:46 am Post subject: |
|
|
gopal_1438 wrote: | Can we follow this system on daily basis..If yes Ceat 5 ema = 768.65, 34 ema = 776.12, 200 ema = 751...price closed today at 759 |
If you can back test it and find a good result then why not.
SH Sir made this system using 30M tf....I follow the same.
|
|
Back to top |
|
|
sriharikande White Belt
Joined: 20 May 2014 Posts: 7
|
Post: #218 Posted: Fri Jul 17, 2015 8:22 am Post subject: |
|
|
Please any body reply
EMA 5-200 cross over should be with volume and can be in trade as long as price is above 200ema as positional trade.
|
|
Back to top |
|
|
smile.dhanno White Belt
Joined: 19 May 2011 Posts: 28
|
Post: #219 Posted: Fri Jul 17, 2015 9:33 am Post subject: |
|
|
sriharikande wrote: | Please any body reply
EMA 5-200 cross over should be with volume and can be in trade as long as price is above 200ema as positional trade. |
No this is not an essential criteria.
|
|
Back to top |
|
|
gopal_1438 White Belt
Joined: 24 Feb 2013 Posts: 223
|
Post: #220 Posted: Sun Aug 02, 2015 1:50 pm Post subject: |
|
|
On 30 min wipro 5-34 & Siemens 5*200 crossover...pls confirm
|
|
Back to top |
|
|
simply.index White Belt
Joined: 28 Jun 2014 Posts: 158
|
Post: #221 Posted: Wed Sep 23, 2015 11:29 am Post subject: |
|
|
Today 5/200 long crossover triggered in Arvind @ 277.50.
|
|
Back to top |
|
|
simply.index White Belt
Joined: 28 Jun 2014 Posts: 158
|
Post: #222 Posted: Wed Sep 23, 2015 3:34 pm Post subject: |
|
|
simply.index wrote: | Today 5/200 long crossover triggered in Arvind @ 277.50. |
Arvind made a high of 294 today.
|
|
Back to top |
|
|
amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
|
Post: #223 Posted: Wed Sep 23, 2015 10:23 pm Post subject: |
|
|
was it you who had to come out with the excel version for tracking.....
|
|
Back to top |
|
|
simply.index White Belt
Joined: 28 Jun 2014 Posts: 158
|
Post: #224 Posted: Thu Sep 24, 2015 9:05 am Post subject: |
|
|
amitagg wrote: | was it you who had to come out with the excel version for tracking..... |
not me.
|
|
Back to top |
|
|
sumesh_sol Brown Belt
Joined: 06 Jun 2010 Posts: 2344
|
|
Back to top |
|
|
|