View previous topic :: View next topic |
Author |
Intraday NF trading with EMA CROSSOVER and PSAR |
vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
|
Post: #121 Posted: Thu Dec 08, 2011 9:32 pm Post subject: |
|
|
You have not answered any of our questions, sonila. |
|
Back to top |
|
|
|
|
sonila Brown Belt
Joined: 04 Jun 2009 Posts: 1786
|
Post: #122 Posted: Thu Dec 08, 2011 9:34 pm Post subject: |
|
|
Vinay, dewgh, why i use spot nifty or yahoo chart, that is not imp, but the thing is this gives good results. |
|
Back to top |
|
|
DEWGH White Belt
Joined: 20 Feb 2011 Posts: 119
|
Post: #123 Posted: Thu Dec 08, 2011 9:38 pm Post subject: |
|
|
sonila, was having difficulty following 2 charts at a time so was asking.
anyway tx for ur strategy |
|
Back to top |
|
|
vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
|
Post: #124 Posted: Thu Dec 08, 2011 9:40 pm Post subject: |
|
|
Sonila. did you read our questions properly? We never asked you why you use what you use. We wanted to know why not NF instead of spot nifty or why not any other chart and will they give same results? |
|
Back to top |
|
|
DEWGH White Belt
Joined: 20 Feb 2011 Posts: 119
|
Post: #125 Posted: Thu Dec 08, 2011 9:41 pm Post subject: |
|
|
vinay pakdo raho chodna raho |
|
Back to top |
|
|
DEWGH White Belt
Joined: 20 Feb 2011 Posts: 119
|
Post: #126 Posted: Thu Dec 08, 2011 9:42 pm Post subject: |
|
|
sorry pakde raho chodna nahi
many typos today market effect |
|
Back to top |
|
|
vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
|
Post: #127 Posted: Thu Dec 08, 2011 9:48 pm Post subject: |
|
|
intended pun, dewgh? |
|
Back to top |
|
|
sonila Brown Belt
Joined: 04 Jun 2009 Posts: 1786
|
Post: #128 Posted: Thu Dec 08, 2011 10:29 pm Post subject: |
|
|
Vinay, if u use any other chart for psar confirmation, i think u may not get satisfactory result. But if u wish, u can try with other charts. |
|
Back to top |
|
|
pinto1 White Belt
Joined: 11 Oct 2011 Posts: 55
|
Post: #129 Posted: Thu Dec 08, 2011 10:45 pm Post subject: |
|
|
sonila wrote: | To clear confusions plz go step by step
step.1
look for ema crossover i.e. ema3 and ema5 in 3-min time frame
step.2
if ema cross-over has happened, then plz look at spot nifty chart of yahoo india finance with 5-min time frame with 20ema and PSAR. IF PSAR is below the CMP and cmp is above the 20ema, then it is a confirmed buy.
just opposite for sell/exit.
Hope i m clear. |
Hi Sonila,
For EMA, is it 3 & 5 or 3 and 15?
Here you have mentioned 3 and 5 while earlier you have said 3 and 14.
Hello friends,
This strategy is for purely intraday.It has given me 600 points gain in last 6 days after brokerage. ( my bkg is 2.5 points per lot of nf ,all cost calculated).
This is not paper trading, these are real trades.
STRATEGY
1) Time frame 3-min for EMA CROSSOVER and 5- min for PSAR (PARABOLIC STOP AND REVERSE)
2)In 3min tf, EMA3 and EMA15 cross over to be taken for buy and sell
3) if we get a buy signal from ema cross over, then look at psar for confirmation as follow
4)make time frame 5-min,select PSAR, add 20-ema.
if psar is below the cmp and cmp is above 20-ema, then it is a CONFIRMED BUY.(After step 3 then step 4) |
|
Back to top |
|
|
sonila Brown Belt
Joined: 04 Jun 2009 Posts: 1786
|
Post: #130 Posted: Thu Dec 08, 2011 10:50 pm Post subject: |
|
|
Pinto, very sorry. Its a typing error. For ema cross over, it is ema3,15 |
|
Back to top |
|
|
galrani White Belt
Joined: 23 Oct 2011 Posts: 93
|
Post: #131 Posted: Fri Dec 09, 2011 8:36 am Post subject: |
|
|
Have done paper trading on this using only Icharts and Nifty futures.
Gives me satisfactry results and that is why I have done live trades yesterday.
I usually do intraday trading rarely due to having a full time day job.So will try to post any trades I do in this thread
Cheers
sonila wrote: | Vinay, if u use any other chart for psar confirmation, i think u may not get satisfactory result. But if u wish, u can try with other charts. |
|
|
Back to top |
|
|
vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
|
Post: #132 Posted: Fri Dec 09, 2011 8:39 am Post subject: |
|
|
thanks galrani |
|
Back to top |
|
|
pinto1 White Belt
Joined: 11 Oct 2011 Posts: 55
|
Post: #133 Posted: Fri Dec 09, 2011 9:15 am Post subject: |
|
|
sonila wrote: | Pinto, very sorry. Its a typing error. For ema cross over, it is ema3,15 |
Thank You! |
|
Back to top |
|
|
msa5678 White Belt
Joined: 03 Oct 2010 Posts: 19
|
Post: #134 Posted: Fri Dec 09, 2011 9:27 am Post subject: |
|
|
I entered short @ 4865
Anybody else shorted @ Opening ? |
|
Back to top |
|
|
sonila Brown Belt
Joined: 04 Jun 2009 Posts: 1786
|
Post: #135 Posted: Fri Dec 09, 2011 11:47 am Post subject: |
|
|
TRADE.1
Sold 2 lots @ 4900 @ 10.12
Booked 1 lot @ 4885 @ 10.21 (+15)
Still holding 1 lot. |
|
Back to top |
|
|
|