iCharts Discussions

[forexmoney]

rahulsharmaat,so i should set 55 sma with 15 mn tf,at what time should i enter high,low,close of silver in which excel sheet? should i enter prices by seeing it from closing of 55 sma with 15 mn tf candle or should i take prices from the terminal,pls hep me by this...

[Rahulsharmaat]

i have no idea of excel--- u have to set it on chart---

buy when candle closes above 55sma high-- use 60 point filter above cross over candle and go long-- book one lot at 400 points-- next at 700

Exit n book loss if candle closes below 55 sma low and deduct 60 point from low of closing candle--- close long when short triggers,, else hold

same while going long--if previous holding in short ....

[forexmoney]

rahulsharmaat,how long you have been trading in this strategy?
what apprx loss\sl happens in a single trade,in terms of points?

[forexmoney]

rahulsharmaat,if candle closes completely abv the 55 sma i should buy and viceversa for sell also blw sma55? what about keeping sl ,is it exit strategy i mean double buy and double shorts strategy?

[Rahulsharmaat]

when candle closed above 55 sma high--- add 60 points above high and go long--- stop loss is--- when candle close below 55 sma low--- add 60 points-- when short triggers-- exit long n go short--

target 400--700 points

no stop loss as such

i am trading from last 12 months- and worst gain is 2000 points in a month--- on higher side we may get 6000 points also

[rakpeds]

[Rahulsharmaat]

right now no charts-

example--- 15 min TF is time frame

15 min candle closed above 55 sms-- candle high is 52210--- now place buy at 52270--- carry and book one lot at 400 points--- next at 700 points---

now if it reverse from buy-- wait for candle to close below 55 sma low-- example-- caldle which is close has low of 51920-- so exit long and short at 51860---


thats it

[rakpeds]

[rakpeds]

also sir silver which one u trade mini or the normal one

[Rahulsharmaat]

trade what ever u want to trade --bigh-- mini---or micro

[smartcancerian]

Rahul..what is the role of 55 close ema/sma in your trading silver stgy..also i presume its pur intra play..no carryover rite....??

[Rahulsharmaat]

its sma

55 sma --high
55 sma--close
55-sma--low

its positional---as i have traded positional

one can try intraday also

[vinst]

NF in intra down

SL 5189
Tgt 5135
entry taken at 5164

[forexmoney]

rahulsharmaat,can u pls send me tudays graph fr silver?

[sonila]