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Nifty 8 Day EMA Sure plus minus strategy |
nakum Brown Belt
Joined: 10 Jan 2008 Posts: 2252
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Post: #121 Posted: Mon Jan 04, 2016 2:26 pm Post subject: |
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Dear SSP & Friends
Dec. series I do paper trade in this strategy
+180 point in 4 trade in nifty future |
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grshnehete White Belt
Joined: 15 Sep 2015 Posts: 69
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Post: #122 Posted: Fri Jan 22, 2016 11:04 am Post subject: |
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Whats the 8EMA value for today? |
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ramshirsath White Belt
Joined: 25 Oct 2009 Posts: 12
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Post: #123 Posted: Fri Jan 22, 2016 12:26 pm Post subject: |
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7420 spot sl 7393 spot target 7490 spot |
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sspagro White Belt
Joined: 05 Feb 2013 Posts: 172
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Post: #124 Posted: Sat Jan 23, 2016 11:14 am Post subject: |
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ramshirsath wrote: | 7420 spot sl 7393 spot target 7490 spot |
perfect. hold with Sl at 7393 if breaks reverse your position |
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grshnehete White Belt
Joined: 15 Sep 2015 Posts: 69
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Post: #125 Posted: Sat Jan 23, 2016 1:05 pm Post subject: |
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Took the position yesterday. |
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pmg123 White Belt
Joined: 14 Nov 2009 Posts: 25
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Post: #126 Posted: Sat Jan 23, 2016 1:33 pm Post subject: RE: |
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Hello SSpagro,
Thanks for the excellent strategy!
Ram,
please enlighten us how do you decide the TGT's ?? |
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ramshirsath White Belt
Joined: 25 Oct 2009 Posts: 12
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Post: #127 Posted: Sun Jan 24, 2016 7:15 pm Post subject: |
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pl go through initial posts of dear ssp ji |
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grshnehete White Belt
Joined: 15 Sep 2015 Posts: 69
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Post: #128 Posted: Mon Jan 25, 2016 5:10 pm Post subject: |
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Just missed the target |
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sspagro White Belt
Joined: 05 Feb 2013 Posts: 172
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Post: #129 Posted: Tue Jan 26, 2016 8:27 pm Post subject: |
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grshnehete wrote: | Just missed the target |
picture abhi baki hain dost hold the position or add at support...
often traders prefer to book profits early. most of them!!! |
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probalkb White Belt
Joined: 17 Jan 2016 Posts: 1
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Post: #130 Posted: Wed Jan 27, 2016 9:53 am Post subject: 8EMA for 25th Jan was 7424 |
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Hello,
Some clarity needed.
As per 8EMA for 25th Jan, it was 7424. Today Nifty went below 7424 but didn't sustain for more than 5 minutes, so we didn't square up our earlier position. Else as per 8EMA startegy, we should have squared up our earlier Long call & gone short @ CMP if Nifty sustained below 7424 for more than 5 minutes with a SL of 7451?
Is my understanding correct? |
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grshnehete White Belt
Joined: 15 Sep 2015 Posts: 69
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Post: #131 Posted: Sat Jan 30, 2016 10:09 am Post subject: |
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Target reached |
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Atrader White Belt
Joined: 08 Oct 2013 Posts: 21
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Post: #132 Posted: Sun Jan 31, 2016 9:51 am Post subject: Re: 8EMA for 25th Jan was 7424 |
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probalkb wrote: | Hello,
Some clarity needed.
As per 8EMA for 25th Jan, it was 7424. Today Nifty went below 7424 but didn't sustain for more than 5 minutes, so we didn't square up our earlier position. Else as per 8EMA startegy, we should have squared up our earlier Long call & gone short @ CMP if Nifty sustained below 7424 for more than 5 minutes with a SL of 7451?
Is my understanding correct? |
SSPAGRO sorry for answering this one
Dear probalkb,
as per my understanding the buy trade was triggered on 22 jan 2016 at that time 8 EMA was 7420( EOD 8 EMA on 21-jan-2016) .
Once the trigger happened we are in trade with stoploss 27 points away which was at 7393 and tgt 7490. after that none of either hit on 25, 27, 28. The TGT achieved on 29-jan-2016.
if you have started to take EOD 8 ema on 25-jan-2016 it was 7424 .
On 27-jan-2016 as per system sell was triggered, with stop loss at 7451 and tgt 7354 but stoploss triggerd in that case.
Then again as per system(reversing the trade) buy at 7451 and stoploss was 8 EMA i.e 7424, but eventually in that case also stoploss triggered then again as per system (reversing the trade) we have to buy at 7424 and stoploss is at 7397 and tgt 7494.
and eventually tgt achieved on 29-jan-2016.
As the risk reward ratio of this system is good even after two back to back losses trader would have made atleast 16 points( without calculating brokerage charges).
The most important aspect of trading is that we have to follow the system with utmost respect.
thank you
Atrader |
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sspagro White Belt
Joined: 05 Feb 2013 Posts: 172
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Post: #133 Posted: Sun Jan 31, 2016 5:05 pm Post subject: Re: 8EMA for 25th Jan was 7424 |
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Atrader wrote: | probalkb wrote: | Hello,
Some clarity needed.
As per 8EMA for 25th Jan, it was 7424. Today Nifty went below 7424 but didn't sustain for more than 5 minutes, so we didn't square up our earlier position. Else as per 8EMA startegy, we should have squared up our earlier Long call & gone short @ CMP if Nifty sustained below 7424 for more than 5 minutes with a SL of 7451?
Is my understanding correct? |
SSPAGRO sorry for answering this one
Dear probalkb,
as per my understanding the buy trade was triggered on 22 jan 2016 at that time 8 EMA was 7420( EOD 8 EMA on 21-jan-2016) .
Once the trigger happened we are in trade with stoploss 27 points away which was at 7393 and tgt 7490. after that none of either hit on 25, 27, 28. The TGT achieved on 29-jan-2016.
if you have started to take EOD 8 ema on 25-jan-2016 it was 7424 .
On 27-jan-2016 as per system sell was triggered, with stop loss at 7451 and tgt 7354 but stoploss triggerd in that case.
Then again as per system(reversing the trade) buy at 7451 and stoploss was 8 EMA i.e 7424, but eventually in that case also stoploss triggered then again as per system (reversing the trade) we have to buy at 7424 and stoploss is at 7397 and tgt 7494.
and eventually tgt achieved on 29-jan-2016.
As the risk reward ratio of this system is good even after two back to back losses trader would have made atleast 16 points( without calculating brokerage charges).
The most important aspect of trading is that we have to follow the system with utmost respect.
thank you
Atrader |
thx Atrader.sorry i was away for last few days. anyways keep trading as per strategy rule. do not indulge in emotion at all. some more simple thrilling strategies in pipeline to review soon stay tune. |
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sspagro White Belt
Joined: 05 Feb 2013 Posts: 172
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Post: #134 Posted: Tue Feb 02, 2016 3:14 pm Post subject: |
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8 dama was 7479.... support broken convincingly
as per strategy we are short now. |
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grshnehete White Belt
Joined: 15 Sep 2015 Posts: 69
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Post: #135 Posted: Tue Feb 02, 2016 3:15 pm Post subject: |
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sspagro wrote: | 8 dama was 7479.... support broken convincingly
as per strategy we are short now. |
Shorted |
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