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NF TRADING diary--sonila |
sonila Brown Belt
Joined: 04 Jun 2009 Posts: 1786
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Post: #256 Posted: Mon Jul 16, 2012 12:56 pm Post subject: |
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I am posting below a chart of NF for last 6-days in 15-min tf.
It has 2 macd windows.
First one with sma based macd.
Second one with ema based macd.
they differ slightly and i use the first one only.
thnx
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Rajeshrohra23 White Belt
Joined: 20 Oct 2011 Posts: 8
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Post: #257 Posted: Mon Jul 16, 2012 1:11 pm Post subject: |
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sonila wrote: | I am posting below a chart of NF for last 6-days in 15-min tf.
It has 2 macd windows.
First one with sma based macd.
Second one with ema based macd.
they differ slightly and i use the first one only.
thnx |
hi sonila,
in my trading software i a have macd long cycle, short cycle and singnal periods ... but it does not show the EMA or SMA , also when i put the values for long as 9 and short as 9 and signal period as 24 no graph appears on my screen kindly help me on this .. and can y tell me which software yu r using to trade ....
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sonila Brown Belt
Joined: 04 Jun 2009 Posts: 1786
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Post: #258 Posted: Mon Jul 16, 2012 1:23 pm Post subject: |
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Rajeshrohra23 wrote: | sonila wrote: | I am posting below a chart of NF for last 6-days in 15-min tf.
It has 2 macd windows.
First one with sma based macd.
Second one with ema based macd.
they differ slightly and i use the first one only.
thnx |
hi sonila,
in my trading software i a have macd long cycle, short cycle and singnal periods ... but it does not show the EMA or SMA , also when i put the values for long as 9 and short as 9 and signal period as 24 no graph appears on my screen kindly help me on this .. and can y tell me which software yu r using to trade .... |
rajesh,
u put long as 24, short as 9, signal as 9. u will get the chart.
plz upload the chart,so that i can help.
i cant take any name as it is against forum rule.
thnx
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sivgates White Belt
Joined: 05 Apr 2011 Posts: 313
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Post: #259 Posted: Mon Jul 16, 2012 2:05 pm Post subject: |
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sonila wrote: | sonila wrote: | longed @ 11.31 @ 5226
sl = 5196 |
booked @ 5256 ( +30 pts)
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Hi sonila,
Just now came online and saw ur forum ...........
Nice to c tat booked +30 points.
Best wishes..
Regards,
Sivgates
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Rajeshrohra23 White Belt
Joined: 20 Oct 2011 Posts: 8
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Post: #260 Posted: Mon Jul 16, 2012 2:19 pm Post subject: |
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sonila wrote: | Rajeshrohra23 wrote: | sonila wrote: | I am posting below a chart of NF for last 6-days in 15-min tf.
It has 2 macd windows.
First one with sma based macd.
Second one with ema based macd.
they differ slightly and i use the first one only.
thnx |
hi sonila,
in my trading software i a have macd long cycle, short cycle and singnal periods ... but it does not show the EMA or SMA , also when i put the values for long as 9 and short as 9 and signal period as 24 no graph appears on my screen kindly help me on this .. and can y tell me which software yu r using to trade .... |
rajesh,
u put long as 24, short as 9, signal as 9. u will get the chart.
plz upload the chart,so that i can help.
i cant take any name as it is against forum rule.
thnx |
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Rajeshrohra23 White Belt
Joined: 20 Oct 2011 Posts: 8
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Post: #261 Posted: Mon Jul 16, 2012 2:23 pm Post subject: |
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sonila wrote: | Rajeshrohra23 wrote: | sonila wrote: | I am posting below a chart of NF for last 6-days in 15-min tf.
It has 2 macd windows.
First one with sma based macd.
Second one with ema based macd.
they differ slightly and i use the first one only.
thnx |
hi sonila,
in my trading software i a have macd long cycle, short cycle and singnal periods ... but it does not show the EMA or SMA , also when i put the values for long as 9 and short as 9 and signal period as 24 no graph appears on my screen kindly help me on this .. and can y tell me which software yu r using to trade .... |
rajesh,
u put long as 24, short as 9, signal as 9. u will get the chart.
plz upload the chart,so that i can help.
i cant take any name as it is against forum rule.
hi Sonila,
how to attach the charts here can yu plz tell me i tried doing it but its not attaching ????
thnx |
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shanticomq White Belt
Joined: 22 Jan 2011 Posts: 219
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Post: #262 Posted: Mon Jul 16, 2012 2:47 pm Post subject: Macd Parameter |
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Hi Sonila,
very very good observation & good system to make money by using simple MACD values.
In my trading system it shows fast MA & slow MA & signal,
so how to fill the values.
as per ur suggestion long as 24 & short as 9 & signal as 9.
In my system can i put fast ma as 24 & slow ma as 9 & signal as 9.
Pl. guide me.
Thanks
sanjay
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riteshucha Green Belt
Joined: 19 May 2012 Posts: 1292
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Post: #263 Posted: Mon Jul 16, 2012 3:18 pm Post subject: |
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brilliant!!!!!!
is it a pre-determined tgt price of 25 to 30 points or the tgt too is based on some points on the chrts??
ritesh
sonila wrote: | sonila wrote: | longed @ 11.31 @ 5226
sl = 5196 |
booked @ 5256 ( +30 pts)
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jjm White Belt
Joined: 17 Mar 2010 Posts: 411
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Post: #264 Posted: Mon Jul 16, 2012 4:51 pm Post subject: Re: SSWS |
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[/quote] jjm, so nice of u that u mentioned a very logical, effective day trading method. I m sure about its effectiveness as it is from a seasoned and expert trader. But i have a doubt about isl. What is 5 bar pivot method ? I dont know anything about it. Plz explain it if possible with a chart so that i can try this method from tomorrow itself. Many thnx again.[/quote]
Dear Sonila,
Attached chart for your ready reference..
Also marked 5 bar pivots...
It is very simple to identify these pivots and trail Sls
Regards,
JJM
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jjm White Belt
Joined: 17 Mar 2010 Posts: 411
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Post: #265 Posted: Mon Jul 16, 2012 5:03 pm Post subject: Re: SSWS |
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[/quote]
Hi jjm,
Would like to know what strategy should be employed when a trade is taken based upon STS and WMA.....
I have taken an example of 06/06/12 BNF 15min TF, where both BUY & SELL was triggered...
please enlighten us here....how the trades should have taken place?
regards,
Chetan.[/quote]
Dear Chetan,
Nothing special on this trade..
Trade entry was as usual based on entry rules 1st long taken... Booked 50 % once closed below 10 WMA.Same moment got -ve cross over of STS;so close all position and take a short..
Complete whipsaw trade once again stopped out and got a buy signal..
Keep following signals as they get generated w/o applying our brains
Regards,
JJM
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jjm White Belt
Joined: 17 Mar 2010 Posts: 411
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Post: #266 Posted: Mon Jul 16, 2012 5:14 pm Post subject: |
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smartcancerian wrote: | @ jjm..thanx for reviewing the ongoing system here in this forum..few clarifications solicited..
1. Role of 34 ema is just to take retracement entry(like rejection entry)
Yes
2. Since stoch may initiate long from lower lvls..it does not matter whether 10wma is below 34 ema at the time of entry..only thing to see is candleclose above 10wma(with green candle)..& stoch crossover..
Yes, and for conservative traders then can take all long trades only if 10 WMA is above 34 EMA...vice verse for short .. I haven't back tested + cross over of 10 WMA to 34 EMA. Shld not be a problem
3. In case of 50% exit only candle close below 10wma is required(but nt the stoch crossver)..& candle close & stoch crossover happening next to that shall act as stop (for balance postn) & reverse..Absolutely right.. treat it as SAR
Is my understanding on above clear on above points?? |
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sonila Brown Belt
Joined: 04 Jun 2009 Posts: 1786
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Post: #267 Posted: Mon Jul 16, 2012 9:29 pm Post subject: |
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riteshucha wrote: | brilliant!!!!!!
is it a pre-determined tgt price of 25 to 30 points or the tgt too is based on some points on the chrts??
ritesh
sonila wrote: | sonila wrote: | longed @ 11.31 @ 5226
sl = 5196 |
booked @ 5256 ( 30 pts)
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| the tgt and sl are both pre determinded numbers what i m using. But one can use other methods also. I m satisfied with 25/30 pts on a daily basis.
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sonila Brown Belt
Joined: 04 Jun 2009 Posts: 1786
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Post: #268 Posted: Mon Jul 16, 2012 9:31 pm Post subject: |
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riteshucha wrote: | brilliant!!!!!!
is it a pre-determined tgt price of 25 to 30 points or the tgt too is based on some points on the chrts??
ritesh
sonila wrote: | sonila wrote: | longed @ 11.31 @ 5226
sl = 5196 |
booked @ 5256 ( 30 pts)
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| the tgt and sl are both pre determinded numbers what i m using. But one can use other methods also. I m satisfied with 25/30 pts on a daily basis.
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smartcancerian Yellow Belt
Joined: 07 Apr 2010 Posts: 542
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Post: #269 Posted: Mon Jul 16, 2012 10:21 pm Post subject: |
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Thanx..jjm...
Request PT/ST sir to help to put values in stoch as suggested by jjm or corresponding values for macd to match sonila set up.( viz parameter box 1, box2)..as i am not getting the same set up as shown in jjm & sonila charts..it will be helpful for all..thanx..
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sonila Brown Belt
Joined: 04 Jun 2009 Posts: 1786
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Post: #270 Posted: Mon Jul 16, 2012 11:04 pm Post subject: Re: Macd Parameter |
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shanticomq wrote: | Hi Sonila,
very very good observation & good system to make money by using simple MACD values.
In my trading system it shows fast MA & slow MA & signal,
so how to fill the values.
as per ur suggestion long as 24 & short as 9 & signal as 9.
In my system can i put fast ma as 24 & slow ma as 9 & signal as 9.
Pl. guide me.
Thanks
sanjay | you put signal as 9, fast as 9, slow as 9. I think, u will get the desired macd. Thnx.
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