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NF TRADING WITH MACD |
sonila
Brown Belt
Joined: 04 Jun 2009
Posts: 1786
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Post: #16  Posted: Mon Oct 22, 2012 10:15 pm Post subject: |
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| Thanx Amigo, Jatinderdhawan, Techtrader,Ridinghood for ur encouragements. |
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traderindian
White Belt
Joined: 03 Apr 2010
Posts: 56
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| Post: #17 Posted: Mon Oct 22, 2012 11:12 pm Post subject: |
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Hello sonila maam,
Welcome back ! Though I do not post often but I am sure there are many silent followers of your thread like me 
So keep going !
All the best ! |
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replyab
White Belt
Joined: 29 Aug 2012
Posts: 156
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| Post: #18 Posted: Tue Oct 23, 2012 5:53 am Post subject: |
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| sonila wrote: | Someone today sent me a pm which encouraged me a lot.Thanx him a lot.It is below
(Respected Sonila,
Take your own time to send chart and logic behind - for my revision. Your system is based on reason and logic - Not just Levels. It is the price action that is important. MACD is based on price action and hence it gives clear picture of market direction - rather than just levels.
Entries based on your study of MACD are more reliable than just levels or magic numbers. While levels are also important - our strategy gives more effective results and resultant mental peace. Your MACD many times gives entries earlier than others - your entries are also solid and very effective.
With your system, we need not look elsewhere for making money in even such difficult market conditions.
kind regards, ) |
I feel our Laxmi/DURGA has come back,i hope everybody will agree |
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sonila
Brown Belt
Joined: 04 Jun 2009
Posts: 1786
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| Post: #19 Posted: Tue Oct 23, 2012 7:43 am Post subject: |
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| Thnx replyab. Best wishes for Dussera to all my brothers and sisters of icharts. |
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bolband_macd
White Belt
Joined: 06 Sep 2011
Posts: 104
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| Post: #20 Posted: Tue Oct 23, 2012 9:06 am Post subject: |
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Hi Sonila,
Trading with macd and making money makes me very joyful as its a part of my ID.
Yeap, this is an powerful indicator for both, positional and intraday Trades. Mainly, its effective in divergences as its name suggests. It contains Lines and Histograms. All of you must be knowing that these (12,26,9) Lines are EMAs (their differences) and it triggers signals.
Now, this histogram is fantastic visual representation diff between 9 EMA and MACD. Its positive when MACD is above 9 EMA and negative when below 9 EMA. Histograms responds to the Price acceleration by growing larger. Similarly, it contracts as a result of price movement deceleration.
Trades can be initiated on crossovers. Signal line and MACD line positions give confirmations of this trade.
For long trade, generally MACD line has to cross the "Zero Line" with its position above "Signal line". Histogram gives an idea of how "acceptable" the price is. For short trade, its vice versa. Stop losses must be kept as per individuals systems.
Once again Sonila, thanks for sharing importance of this indicator.
Trade Safe,
BM |
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giribabu06
White Belt
Joined: 01 Oct 2012
Posts: 42
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| Post: #21 Posted: Tue Oct 23, 2012 10:26 am Post subject: |
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| heloo friends, good morning....any sell signal for today?? |
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sonila
Brown Belt
Joined: 04 Jun 2009
Posts: 1786
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| Post: #22 Posted: Tue Oct 23, 2012 10:45 am Post subject: |
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| shorted @ 5710, sl = 5725 |
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NittinP
White Belt
Joined: 23 Sep 2012
Posts: 48
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| Post: #23 Posted: Tue Oct 23, 2012 10:54 am Post subject: |
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| I feel its better to remain on sell side with SL of 5750..... based on BB band, a strong move is expected in either direction.. |
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Abhi
White Belt
Joined: 22 Oct 2011
Posts: 20
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| Post: #24 Posted: Tue Oct 23, 2012 10:54 am Post subject: NF TRADING WITH MACD |
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| sonila wrote: | | shorted @ 5710, sl = 5725 |
hii Sonila, can you explain the logic for this trade? since there is no fresh signal today, yeasterday's short signal still continuing and first 15min candle low is not broken - Abhi |
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ridinghood
Yellow Belt
Joined: 16 Apr 2009
Posts: 724
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| Post: #25 Posted: Tue Oct 23, 2012 11:51 am Post subject: |
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| Quote: | | shorted @ 5710, sl = 5725 |
why sl only 15 pts from buy?
regs
ridinghood |
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sonila
Brown Belt
Joined: 04 Jun 2009
Posts: 1786
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| Post: #26 Posted: Tue Oct 23, 2012 11:59 am Post subject: |
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| ridinghood wrote: | | Quote: | | shorted @ 5710, sl = 5725 |
why sl only 15 pts from buy?
regs
ridinghood |
signal is not fresh, carried from yesterday.
so, to be on safe side, kept sl a little high of today's high(=5721. |
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sonila
Brown Belt
Joined: 04 Jun 2009
Posts: 1786
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| Post: #27 Posted: Tue Oct 23, 2012 12:01 pm Post subject: Re: NF TRADING WITH MACD |
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| Abhi wrote: | | sonila wrote: | | shorted @ 5710, sl = 5725 |
hii Sonila, can you explain the logic for this trade? since there is no fresh signal today, yeasterday's short signal still continuing and first 15min candle low is not broken - Abhi |
signal of sell is from yesterday.
shorted when prev candle's low broken with 2 pts filter. |
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replyab
White Belt
Joined: 29 Aug 2012
Posts: 156
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| Post: #28 Posted: Tue Oct 23, 2012 12:01 pm Post subject: |
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| sonila wrote: | | shorted @ 5710, sl = 5725 |
why 15 pts sl,normally we keep 30, |
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sonila
Brown Belt
Joined: 04 Jun 2009
Posts: 1786
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| Post: #29 Posted: Tue Oct 23, 2012 12:05 pm Post subject: |
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| replyab wrote: | | sonila wrote: | | shorted @ 5710, sl = 5725 |
why 15 pts sl,normally we keep 30, |
already replied. |
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ridinghood
Yellow Belt
Joined: 16 Apr 2009
Posts: 724
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| Post: #30 Posted: Tue Oct 23, 2012 12:08 pm Post subject: |
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thnx, sonila!
regs
ridinghood |
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