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sauraj123 White Belt
Joined: 10 Jan 2012 Posts: 312
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Post: #106 Posted: Wed Oct 31, 2012 2:23 pm Post subject: |
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Hi Intra.Trader
No paper trading. trading with 10 lots only..which i already booked at 5 paise profit....just trying to learn how you are moving your stop loss.
will again enter at 54.23 after 5 min confirmation.
Regards.
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intra.trader White Belt
Joined: 25 Sep 2012 Posts: 402
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Post: #107 Posted: Wed Oct 31, 2012 2:28 pm Post subject: |
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sauraj123 wrote: | Hi Intra.Trader
No paper trading. trading with 10 lots only..which i already booked at 5 paise profit....just trying to learn how you are moving your stop loss.
will again enter at 54.23 after 5 min confirmation.
Regards. |
great
i would suggest you trade using charts..sometimes i may be delayed in posting calls...you use charts to get signal at right time...
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sauraj123 White Belt
Joined: 10 Jan 2012 Posts: 312
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Post: #108 Posted: Wed Oct 31, 2012 2:31 pm Post subject: |
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yesterday i made small loss...today covered that and made some profit.
yesterday only 5 lot...today 10 lot...
ya sure i track chart but not taking much of risk...
thanks for your guidance.
do you use any-other indicator other than super trend(5,2)?
Regards.
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intra.trader White Belt
Joined: 25 Sep 2012 Posts: 402
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Post: #109 Posted: Wed Oct 31, 2012 2:40 pm Post subject: |
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sauraj123 wrote: | yesterday i made small loss...today covered that and made some profit.
yesterday only 5 lot...today 10 lot...
ya sure i track chart but not taking much of risk...
thanks for your guidance.
do you use any-other indicator other than super trend(5,2)?
Regards. |
initially i paper tested ....did not take any risk
i use ema(34)....
from yesterdays + one which i carried today trade i made 31 paise....
todays one trade giving 25 paise...
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rakpeds White Belt
Joined: 24 Jun 2012 Posts: 481
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Post: #110 Posted: Wed Oct 31, 2012 2:58 pm Post subject: |
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intra.trader wrote: | sauraj123 wrote: | yesterday i made small loss...today covered that and made some profit.
yesterday only 5 lot...today 10 lot...
ya sure i track chart but not taking much of risk...
thanks for your guidance.
do you use any-other indicator other than super trend(5,2)?
Regards. |
initially i paper tested ....did not take any risk
i use ema(34)....
from yesterdays + one which i carried today trade i made 31 paise....
todays one trade giving 25 paise... |
so bro.. supertrend (5,2) and 5 min confirmation for 20 EMA ... thats the strategy right bro ?
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intra.trader White Belt
Joined: 25 Sep 2012 Posts: 402
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Post: #111 Posted: Wed Oct 31, 2012 3:08 pm Post subject: |
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rakpeds wrote: | intra.trader wrote: | sauraj123 wrote: | yesterday i made small loss...today covered that and made some profit.
yesterday only 5 lot...today 10 lot...
ya sure i track chart but not taking much of risk...
thanks for your guidance.
do you use any-other indicator other than super trend(5,2)?
Regards. |
initially i paper tested ....did not take any risk
i use ema(34)....
from yesterdays + one which i carried today trade i made 31 paise....
todays one trade giving 25 paise... |
so bro.. supertrend (5,2) and 5 min confirmation for 20 EMA ... thats the strategy right bro ? |
yes but ema i use is EMA(34) i am testing out which ema suits the best..as now i use EMA(34) and super trend (5,2) 5 mins ..trade when super trend changes its color
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rakpeds White Belt
Joined: 24 Jun 2012 Posts: 481
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Post: #112 Posted: Wed Oct 31, 2012 3:12 pm Post subject: |
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intra.trader wrote: | rakpeds wrote: | intra.trader wrote: | sauraj123 wrote: | yesterday i made small loss...today covered that and made some profit.
yesterday only 5 lot...today 10 lot...
ya sure i track chart but not taking much of risk...
thanks for your guidance.
do you use any-other indicator other than super trend(5,2)?
Regards. |
initially i paper tested ....did not take any risk
i use ema(34)....
from yesterdays + one which i carried today trade i made 31 paise....
todays one trade giving 25 paise... |
so bro.. supertrend (5,2) and 5 min confirmation for 20 EMA ... thats the strategy right bro ? |
yes but ema i use is EMA(34) i am testing out which ema suits the best..as now i use EMA(34) and super trend (5,2) 5 mins ..trade when super trend changes its color |
so once color changes ... and then if 5min 34 ema is in favour then we trade,.,. so bro how to determine TSL ...?
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intra.trader White Belt
Joined: 25 Sep 2012 Posts: 402
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intra.trader White Belt
Joined: 25 Sep 2012 Posts: 402
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Post: #114 Posted: Wed Oct 31, 2012 3:25 pm Post subject: |
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rakpeds wrote: | intra.trader wrote: | rakpeds wrote: | intra.trader wrote: | sauraj123 wrote: | yesterday i made small loss...today covered that and made some profit.
yesterday only 5 lot...today 10 lot...
ya sure i track chart but not taking much of risk...
thanks for your guidance.
do you use any-other indicator other than super trend(5,2)?
Regards. |
initially i paper tested ....did not take any risk
i use ema(34)....
from yesterdays + one which i carried today trade i made 31 paise....
todays one trade giving 25 paise... |
so bro.. supertrend (5,2) and 5 min confirmation for 20 EMA ... thats the strategy right bro ? |
yes but ema i use is EMA(34) i am testing out which ema suits the best..as now i use EMA(34) and super trend (5,2) 5 mins ..trade when super trend changes its color |
so once color changes ... and then if 5min 34 ema is in favour then we trade,.,. so bro how to determine TSL ...? |
super trend is my TSL
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intra.trader White Belt
Joined: 25 Sep 2012 Posts: 402
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Post: #115 Posted: Wed Oct 31, 2012 4:17 pm Post subject: |
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TSL revised @ 54.1600
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sauraj123 White Belt
Joined: 10 Jan 2012 Posts: 312
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Post: #116 Posted: Wed Oct 31, 2012 4:47 pm Post subject: |
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So Sir,
R u holding for tomo?.
one more clarification sir, i do not have any position as of now.So how to start tomo.Do i have to sell if the trend continues or wait for the signal change?
Regards.
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intra.trader White Belt
Joined: 25 Sep 2012 Posts: 402
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Post: #117 Posted: Thu Nov 01, 2012 9:11 am Post subject: |
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sauraj123 wrote: | So Sir,
R u holding for tomo?.
one more clarification sir, i do not have any position as of now.So how to start tomo.Do i have to sell if the trend continues or wait for the signal change?
Regards. |
i had kept my 10 lots carried for today.....will cover those once super-trend changes the color...and go long above that 54.13
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intra.trader White Belt
Joined: 25 Sep 2012 Posts: 402
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Post: #118 Posted: Thu Nov 01, 2012 9:15 am Post subject: |
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sauraj123 wrote: | So Sir,
R u holding for tomo?.
one more clarification sir, i do not have any position as of now.So how to start tomo.Do i have to sell if the trend continues or wait for the signal change?
Regards. |
There 3 things you can do now is. either wait for price to go above super-trend..or short with..SL super-trend of 5 or 15 mins....
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sauraj123 White Belt
Joined: 10 Jan 2012 Posts: 312
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Post: #119 Posted: Thu Nov 01, 2012 9:17 am Post subject: |
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hi good morning,
waiting for change of colour....super trend 5min around 54.13
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intra.trader White Belt
Joined: 25 Sep 2012 Posts: 402
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Post: #120 Posted: Thu Nov 01, 2012 9:24 am Post subject: |
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sauraj123 wrote: | hi good morning,
waiting for change of colour....super trend 5min around 54.13 |
just suggestion for future refrences, if you get this type of condition where super-trend is at 54.13 and you get prices around 54.10 to 54.12.. you take short trade with because stop loss is very low...if SL hit you reverse your postilion....
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