iCharts Discussions

[sivgates]

Hi all,

http://www.icharts.in/forum/super-trend-indicator-t1410.html

Regards
Sivgates

[SwingTrader]

[Rahulsharmaat]

Nifty 5 min TF long at 5385-- tsl and short at 5395.90 now

[Rahulsharmaat]

Trade at given levels

bank nifty 7 min exit and long at 10488

bank nifty 30 min long at 10534

Relinfra--re-short 30 min at 509.90

[vishyvaranasi]

Hi Rahul,

Relinfra is the first trade that i had done as per ur system. Short at 510.So watll be the SL The 34EMA is 513. So the SL is 519 at present right.

Vishy

[

quote="Rahulsharmaat"]Trade at given levels

bank nifty 7 min exit and long at 10488

bank nifty 30 min long at 10534

Relinfra--re-short 30 min at 509.90[/quote]

[vishyvaranasi]

Hi Rahul,

Would like to hav a clarification. Going thru ur posts in this thread earleier u were talking abt 34EMA (Price closing abv 34ema, addfilter of 6 for Relinfra) and recently u were talking abt 55SMA.

My doubt is r they bth different setups.

34EMA

Relinfra Fltr 6 points and SL 6 points (30Min)
Can Nifty anf Bnifty bre traded with this setup only or 55SMA is related to Nifty ( 15TF) and Bnifty(30 TF).

Pl. clarify.

Vishy

[Rahulsharmaat]

stop loss at long at 519.10

[Rahulsharmaat]

Following set up i have mentioned:

Nifty--- 5 min--- super trend
Nifty---15 min ---55 EMA band


Bank Nifty--30 Min---55 EMA band
bank Nifty-- 7 min---super trend

Rel Infra--- 15 min---55 SMA band
Relinfra-- 30 Min---34 EMA
Rel Infra-- 1 hr---34 EMA


all above I trade--without any fail

hope its clear now

[Rahulsharmaat]

One request

Before starting trade--read everything first--- see your own appetite for risk---all trades are positional---your own money management--- dont carried away with only results--- Risk associated is also discussed here

[Rahulsharmaat]

Nifty 5 min long at 5386-- made 5436-- 50 points

TSL now at 5425.90

[vinst]

[vishyvaranasi]

Hi Rahul,.

Thank you for ur concern and advice. Yes, one shld consider risk appetite bfore going into any trade. I personally calculate my SL rather than Tgt for a trade. I am happy with a loss of 5k for attempting a trade.Infact going thru ur back testing page the RISK REWARD ratio seems to be fine. Thats y i attempted this trade.

Thank u once again.

Vishy

[

quote="Rahulsharmaat"]One request

Before starting trade--read everything first--- see your own appetite for risk---all trades are positional---your own money management--- dont carried away with only results--- Risk associated is also discussed here[/quote]

[Rahulsharmaat]

TSL at 5435.90

[Rahulsharmaat]

Book nifty at 5446--- gain 60 points

[ridinghood]