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My T and C ( trades and charts) |
smartcancerian
Yellow Belt
Joined: 07 Apr 2010
Posts: 542
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Post: #31  Posted: Fri Nov 22, 2013 3:22 pm Post subject: |
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Though new low made but not comfortable seeing the fast recovery from day's low & then weekend also there, hence exiting this trade at 3.28 pm because its not much profitable to carry the same at weekend risk @ 6031..(eod exit). This is per rule when my position is profitable by less than 10 pts, i don't carry the trade. So, not a subjective exit..
Net pts (trade:1) = 25 ; cumulative = 25
Net pts (trade:2) = -26; cumulative= -1
Net pts (trade:3) = 111; cumulative= 110
Net pts (trade:4) = 47; cumulative= 157
Net pts (trade:5) = 11 ; cumulative= 168
Last edited by smartcancerian on Fri Nov 22, 2013 10:13 pm; edited 4 times in total |
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smartcancerian
Yellow Belt
Joined: 07 Apr 2010
Posts: 542
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| Post: #32 Posted: Fri Nov 22, 2013 3:33 pm Post subject: |
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| sangi wrote: | | smartcancerian wrote: | | sar is valid till 3.05 pm otherwise will exit long trade |
Smart, Can u pls explain how did u get SAR at 6208? bcoz as per 5tf ,till 19th close pivot was at 6206. It got broken on 20th morning and 5tf was with 6240 dsp.
Then why did u take this long trade on 20th nov? Do u follow 15tf trend or 5tf trend? It will be easier to follow if you clear this point.
Thank u in adv. Sorry for interrupting the flow. |
No problem sangi..You are right 5tf USP was taken out on 20th mrng but 15tf was still in uptrend..both in opposite direction..its tricky to play in such a situation...for this type of situation, i use small 1-2-3 pattern to enter longs in the direction of 15tf (i may be wrong to do so but i have backtested certain things before i implemented these in actual trading..). So, you can say that I am following dual time frame- 5tf & 15tf both..
The shorts entered was failure of that small 1-2-3 pattern..
Regards,
Smart.. |
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smartcancerian
Yellow Belt
Joined: 07 Apr 2010
Posts: 542
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| Post: #33 Posted: Mon Nov 25, 2013 9:26 am Post subject: |
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| update.. |
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Sahil_investor
White Belt
Joined: 08 Jun 2011
Posts: 97
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| Post: #34 Posted: Mon Nov 25, 2013 9:48 am Post subject: |
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Sheru upar ho gaya?  |
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smartcancerian
Yellow Belt
Joined: 07 Apr 2010
Posts: 542
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| Post: #35 Posted: Mon Nov 25, 2013 11:15 am Post subject: |
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| possible long @ 6111 |
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smartcancerian
Yellow Belt
Joined: 07 Apr 2010
Posts: 542
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| Post: #36 Posted: Mon Nov 25, 2013 2:52 pm Post subject: |
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| longs triggered @ 6094 (15tf bullish rejection).. SL is 6067 |
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smartcancerian
Yellow Belt
Joined: 07 Apr 2010
Posts: 542
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| Post: #37 Posted: Tue Nov 26, 2013 10:27 am Post subject: |
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nifty gapped dn..initial SL was intact..after that 5tf gave a valid bullish rejection..no new position added here but trailing ystday long @ 6092..to protect capital & trade
Two reasons :
1. The trade saw a high of 6141.50 ystday means it moved in favour beyond 1:1, now this trade should not result in big loss (trade management)
2. To have logical SL..i am taking/using 5tf bullish rejection low as TSL which is day low also...lets see.. |
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smartcancerian
Yellow Belt
Joined: 07 Apr 2010
Posts: 542
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| Post: #38 Posted: Tue Nov 26, 2013 12:08 pm Post subject: |
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TSL hit @ 6091 (slippage)..re-entry can be tried above day high of 6123..(not sure so no order in system yet)..
Net pts (trade:1) = 25 ; cumulative = 25
Net pts (trade:2) = -26; cumulative= -1
Net pts (trade:3) = 111; cumulative= 110
Net pts (trade:4) = 47; cumulative= 157
Net pts (trade:5) = 11 ; cumulative= 168
Net pts (trade:6) = -3 ; cumulative= 165 |
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smartcancerian
Yellow Belt
Joined: 07 Apr 2010
Posts: 542
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| Post: #39 Posted: Tue Nov 26, 2013 1:52 pm Post subject: |
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| Long above 6110 |
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smartcancerian
Yellow Belt
Joined: 07 Apr 2010
Posts: 542
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| Post: #40 Posted: Tue Nov 26, 2013 3:09 pm Post subject: |
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| Longs not triggered..15tf USP in danger..Holding no position.. |
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smartcancerian
Yellow Belt
Joined: 07 Apr 2010
Posts: 542
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| Post: #41 Posted: Tue Nov 26, 2013 3:19 pm Post subject: |
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| USP of 15tf taken out.. |
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kommall15
White Belt
Joined: 20 Feb 2009
Posts: 65
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| Post: #42 Posted: Tue Nov 26, 2013 3:26 pm Post subject: |
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Respected Sir,
I understood that 8ema and 34 ema is used. But when to buy and when to sell??
should we buy when candle close above ema??
should we seel when candle close below ema???
Plz guide me.
Thanks and regards,
Mr. kommall |
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smartcancerian
Yellow Belt
Joined: 07 Apr 2010
Posts: 542
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| Post: #43 Posted: Tue Nov 26, 2013 7:27 pm Post subject: |
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| kommall15 wrote: | Respected Sir,
I understood that 8ema and 34 ema is used. But when to buy and when to sell??
should we buy when candle close above ema??
should we seel when candle close below ema???
Plz guide me.
Thanks and regards,
Mr. kommall |
Mr. Kommall..I am trading on SSPS (speculator Swing trading system)..Its not simple crossover method of getting buy/sell signals..It is based on price action in relation to one Main ema i.e 34 ema..For full understanding of method, pl go through first 15-20 pages of the thread, the link is as below :
http://www.icharts.in/forum/swing-trading-the-speculator-way-t2230,postorder,desc,start,2340.html |
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smartcancerian
Yellow Belt
Joined: 07 Apr 2010
Posts: 542
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| Post: #44 Posted: Wed Nov 27, 2013 1:58 pm Post subject: |
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| Shorts will be active below 6084..dec futures |
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smartcancerian
Yellow Belt
Joined: 07 Apr 2010
Posts: 542
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| Post: #45 Posted: Wed Nov 27, 2013 2:56 pm Post subject: |
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| Shorts not triggered..mkt might give 15tf bearsh rejection tomm..expiry hangover..no clear direction is observed till now..let see.. |
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