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NF TRADING WITH MACD |
honesttrader White Belt
Joined: 01 Jan 2012 Posts: 44
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Post: #646 Posted: Fri Dec 21, 2012 10:09 am Post subject: |
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nehanifty wrote: | short coming up below 10am candle low |
Sell Setup @ 5880 |
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honesttrader White Belt
Joined: 01 Jan 2012 Posts: 44
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Post: #647 Posted: Fri Dec 21, 2012 10:38 am Post subject: |
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Sold @ 5880
TGT 5855.
SL 5910 |
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stevenmat White Belt
Joined: 27 Dec 2011 Posts: 478
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Post: #648 Posted: Fri Dec 21, 2012 10:42 am Post subject: |
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honesttrader wrote: | Sold @ 5880
TGT 5855.
SL 5910 |
Isn't that a very deep stop loss (30 points) with a small target (25 points) ?
Shouldn't your reward be always greater than risk taken?? |
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honesttrader White Belt
Joined: 01 Jan 2012 Posts: 44
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Post: #649 Posted: Fri Dec 21, 2012 11:18 am Post subject: |
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stevenmat wrote: | honesttrader wrote: | Sold @ 5880
TGT 5855.
SL 5910 |
Isn't that a very deep stop loss (30 points) with a small target (25 points) ?
Shouldn't your reward be always greater than risk taken?? |
I am new to this thread and I also have this question.
May be that the success strike rate of this set-up is very high, hence even an unfavourable risk-reward ratio will pay us.
Respectable Sonila or vinst can answer better. |
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Amigo White Belt
Joined: 17 Jun 2011 Posts: 223
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Post: #650 Posted: Fri Dec 21, 2012 12:48 pm Post subject: |
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cross over happened..SAR abv 5884 |
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vinst Black Belt
Joined: 09 Jan 2007 Posts: 3303
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Post: #651 Posted: Fri Dec 21, 2012 12:49 pm Post subject: |
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buy setup. buy abv 5883 |
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nehanifty White Belt
Joined: 13 Dec 2012 Posts: 24
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Post: #652 Posted: Fri Dec 21, 2012 1:04 pm Post subject: |
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sar at 5884 |
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honesttrader White Belt
Joined: 01 Jan 2012 Posts: 44
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Post: #653 Posted: Fri Dec 21, 2012 1:09 pm Post subject: |
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As per my set-up, crossover has not happened as yet.
At 1.00 Candle MACD= -19.21, MACDSignal= -19.16
At 1.15 Candle crossover will take place and one should go long above 1.15 candle high+ filter. |
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honesttrader White Belt
Joined: 01 Jan 2012 Posts: 44
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Post: #654 Posted: Fri Dec 21, 2012 1:22 pm Post subject: |
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Buy set up @ 5885. |
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honesttrader White Belt
Joined: 01 Jan 2012 Posts: 44
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Post: #655 Posted: Fri Dec 21, 2012 3:12 pm Post subject: |
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Stoploss triggered second time in this week.30 points lost today also. |
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vinst Black Belt
Joined: 09 Jan 2007 Posts: 3303
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Post: #656 Posted: Fri Dec 21, 2012 3:23 pm Post subject: |
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vinst wrote: | buy setup. buy abv 5883 |
SL has been hit |
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honesttrader White Belt
Joined: 01 Jan 2012 Posts: 44
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Post: #657 Posted: Mon Dec 24, 2012 9:46 am Post subject: |
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Sell setup. Sell @ 5862.30.
Sell Triggered. |
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nehanifty White Belt
Joined: 13 Dec 2012 Posts: 24
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Post: #658 Posted: Mon Dec 24, 2012 9:49 am Post subject: |
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dec hasnt been good for this method...till now break even |
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vinst Black Belt
Joined: 09 Jan 2007 Posts: 3303
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Post: #659 Posted: Mon Dec 24, 2012 11:07 am Post subject: |
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nehanifty wrote: | dec hasnt been good for this method...till now break even |
breakeven is also not bad. |
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vinst Black Belt
Joined: 09 Jan 2007 Posts: 3303
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Post: #660 Posted: Mon Dec 24, 2012 11:18 am Post subject: |
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buy setup on NF. close short and buy abv 5867 (as per my data). |
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