| View previous topic :: View next topic |
| Author |
Alchemist 5/200 ema method in Stocks |
sumesh_sol
Brown Belt
Joined: 06 Jun 2010
Posts: 2344
|
Post: #46  Posted: Fri Feb 20, 2015 2:18 pm Post subject: Re: TVTODAY..30tf |
 |
|
| amitagg wrote: | | sumesh_sol wrote: | TVTODAY..30tf
=======
One more trade taken with RSI/ADX hint :
Long @ 248.5, RSI is pretty close to 80.. ADX just abv 25... crossover already done...
Let's see tomorrow... |
Cmp 253...... Any prefixed target or exit determined by 5/34 crossover |
Just booked @ 258, as this was a momentum trade for me... cheers
|
|
| Back to top |
|
 |
|
|
|
amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
|
| Post: #47 Posted: Fri Feb 20, 2015 2:27 pm Post subject: Re: TVTODAY..30tf |
|
|
| sumesh_sol wrote: | | amitagg wrote: | | sumesh_sol wrote: | TVTODAY..30tf
=======
One more trade taken with RSI/ADX hint :
Long @ 248.5, RSI is pretty close to 80.. ADX just abv 25... crossover already done...
Let's see tomorrow... |
Cmp 253...... Any prefixed target or exit determined by 5/34 crossover |
Just booked @ 258, as this was a momentum trade for me... cheers |
thanks....taking your get in get out approach.....had earlier placed sell bid @ 260 below R1 daily resistance.....and which triggered just seeing 
|
|
| Back to top |
|
|
sumesh_sol
Brown Belt
Joined: 06 Jun 2010
Posts: 2344
|
| Post: #48 Posted: Fri Feb 20, 2015 3:01 pm Post subject: JETAIRWAYS..30tf |
|
|
JETAIRWAYS..30tf
===========
Crossover in 4hr & 30tf done..
RSI good.. ADX need little more to come up above 25..
But it is likely to come up as crossover has just happened..
| Description: |
|
| Filesize: |
44.78 KB |
| Viewed: |
473 Time(s) |
|
|
|
| Back to top |
|
|
sumesh_sol
Brown Belt
Joined: 06 Jun 2010
Posts: 2344
|
| Post: #49 Posted: Fri Feb 20, 2015 3:24 pm Post subject: Re: BERGEPAINT..30tf |
|
|
| sumesh_sol wrote: |
Yes holding, as crossover is now visible clearly I will exit below 214.4... But I expect a upmove again from here, if I get upside crossover again, I will buy more... |
Booked loss and exited ...
|
|
| Back to top |
|
|
sumesh_sol
Brown Belt
Joined: 06 Jun 2010
Posts: 2344
|
| Post: #50 Posted: Fri Feb 20, 2015 5:24 pm Post subject: CENTURYTEX..30tf |
|
|
CENTURYTEX..30tf
==========
Options can be used for a down move below 517
| Description: |
|
| Filesize: |
44.13 KB |
| Viewed: |
493 Time(s) |
|
|
|
| Back to top |
|
|
amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
|
| Post: #51 Posted: Fri Feb 20, 2015 10:51 pm Post subject: Re: CENTURYTEX..30tf |
|
|
| sumesh_sol wrote: | CENTURYTEX..30tf
==========
Options can be used for a down move below 517 |
Your adx above 25 and RSI above 70 filters ? Can't it stay sideways for some more time. Mentioning this since basis some other recommendation I was tracking this stock for short today.
So also GATI on 30tf is displaying similar bullishness and Head and Shoulder inverse and channel support longer term.... And crossover " done" and " tested" ......can check that
But I did post post since similarly adx and RSI were gearing up but not there!
Just a thought
THANKS
|
|
| Back to top |
|
|
sumesh_sol
Brown Belt
Joined: 06 Jun 2010
Posts: 2344
|
| Post: #52 Posted: Sat Feb 21, 2015 9:36 am Post subject: Re: CENTURYTEX..30tf |
|
|
| amitagg wrote: | | sumesh_sol wrote: | CENTURYTEX..30tf
==========
Options can be used for a down move below 517 |
Your adx above 25 and RSI above 70 filters ? Can't it stay sideways for some more time. Mentioning this since basis some other recommendation I was tracking this stock for short today.
So also GATI on 30tf is displaying similar bullishness and Head and Shoulder inverse and channel support longer term.... And crossover " done" and " tested" ......can check that
But I did post post since similarly adx and RSI were gearing up but not there!
Just a thought
THANKS |
Please note high ADX and RSI values are NOT the filters for initiating trade while crossover happens on 30tf (provided higher tf is already in bullish mode).. They are applicable only to trade highest momentum for quick profits, like we did in tvtoday and geometric ... For crossover trades simple 5/200 emas are enough.
ADX will normally be below 25 and RSI as low as ~ 60-70(for longs) when crossover happens since that time trend is just supposed to be started. It will move high only when trend accelerate (in any direction).
For Gati , I believe a close above 264 on 30tf is good..
|
|
| Back to top |
|
|
sumesh_sol
Brown Belt
Joined: 06 Jun 2010
Posts: 2344
|
| Post: #53 Posted: Sat Feb 21, 2015 10:02 am Post subject: BHEL..30tf |
|
|
BHEL..30tf
=======
This can be traded in 2 ways... Either allow it to come back to its breakout level (270), hopefully by that time 34 ema will catch up and support any further downmove..Once it retrace to ~270 level, board the train on sign of trend resumption. This will allow for smaller SL.
Alternatively, suppose it continues its upside journey without looking back, then wait for RSI to cross 80 (ADX already favorable) and then enter to use its fast momentum.But be careful in booking fast and putting strict SL as per your r:r scheme..
These are my mere suggestions, you can track few trades like this , and if feel working as per your analysis , use them to your advantage...
| Description: |
|
| Filesize: |
51.49 KB |
| Viewed: |
581 Time(s) |
|
|
|
| Back to top |
|
|
amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
|
| Post: #54 Posted: Sat Feb 21, 2015 5:17 pm Post subject: |
|
|
| Thankyou
|
|
| Back to top |
|
|
sumesh_sol
Brown Belt
Joined: 06 Jun 2010
Posts: 2344
|
| Post: #55 Posted: Tue Feb 24, 2015 5:37 pm Post subject: TITAN..30tf |
|
|
TITAN..30tf
=======
Looks promising, if crossover happens . may be considered for Long..
Pl. check with your study..
| Description: |
|
| Filesize: |
41.43 KB |
| Viewed: |
479 Time(s) |
|
|
|
| Back to top |
|
|
sumesh_sol
Brown Belt
Joined: 06 Jun 2010
Posts: 2344
|
| Post: #56 Posted: Tue Feb 24, 2015 5:41 pm Post subject: Re: CENTURYTEX..30tf |
|
|
| sumesh_sol wrote: | CENTURYTEX..30tf
==========
Options can be used for a down move below 517 |
Century did reasonably good ..
Jetairways still holding, IFCI booked loss..
|
|
| Back to top |
|
|
sumesh_sol
Brown Belt
Joined: 06 Jun 2010
Posts: 2344
|
| Post: #57 Posted: Wed Feb 25, 2015 10:20 am Post subject: IGL..30tf |
|
|
IGL..30tf
========
Shorted
| Description: |
|
| Filesize: |
44.21 KB |
| Viewed: |
481 Time(s) |
|
|
|
| Back to top |
|
|
simply.index
White Belt
Joined: 28 Jun 2014
Posts: 158
|
| Post: #58 Posted: Wed Feb 25, 2015 10:23 am Post subject: Re: CENTURYTEX..30tf |
|
|
| sumesh_sol wrote: | | sumesh_sol wrote: | CENTURYTEX..30tf
==========
Options can be used for a down move below 517 |
Century did reasonably good ..
Jetairways still holding, IFCI booked loss.. |
Congrats Sumesh, centurytex did extremely well.
|
|
| Back to top |
|
|
simply.index
White Belt
Joined: 28 Jun 2014
Posts: 158
|
| Post: #59 Posted: Thu Feb 26, 2015 11:13 am Post subject: Re: CENTURYTEX..30tf |
|
|
| Hindalco (5/200 crossover happened from top) shorted
|
|
| Back to top |
|
|
sumesh_sol
Brown Belt
Joined: 06 Jun 2010
Posts: 2344
|
| Post: #60 Posted: Thu Feb 26, 2015 3:18 pm Post subject: Re: IGL..30tf |
|
|
| sumesh_sol wrote: | IGL..30tf
========
Shorted |
440 to 425.. good move.. more expected..
|
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
