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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: #16  Posted: Thu Oct 15, 2015 12:36 pm Post subject: |
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Dear sspagro
some confusion of your calculation
first you short @ 8096 then position reverse @ 8126
means current buy position @ 8126 not 8096
regards |
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sspagro
White Belt
Joined: 05 Feb 2013
Posts: 172
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| Post: #17 Posted: Thu Oct 15, 2015 2:31 pm Post subject: |
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| nakum wrote: | Dear sspagro
some confusion of your calculation
first you short @ 8096 then position reverse @ 8126
means current buy position @ 8126 not 8096
regards |
Nakumji, you spoted perfectly... don't get confuse its very simple strategy.... always calculate your target 70 points from 8 Dma level. yes in current trade actual buy position is at 8126 because we reverse due to SL hits. but in my case i took opportunity and added more long position near support 8104. thus booked net 85 points gain and calculated on based of my trade. other traders would have made net 50-55 points gains.
i will send excel sheet to simplify.
''STRATEGY REWARDS NOT TRADES'' |
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nakum
Brown Belt
Joined: 10 Jan 2008
Posts: 2252
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| Post: #18 Posted: Thu Oct 15, 2015 2:45 pm Post subject: |
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| sspagro wrote: | | nakum wrote: | Dear sspagro
some confusion of your calculation
first you short @ 8096 then position reverse @ 8126
means current buy position @ 8126 not 8096
regards |
Nakumji, you spoted perfectly... don't get confuse its very simple strategy.... always calculate your target 70 points from 8 Dma level. yes in current trade actual buy position is at 8126 because we reverse due to SL hits. but in my case i took opportunity and added more long position near support 8104. thus booked net 85 points gain and calculated on based of my trade. other traders would have made net 50-55 points gains.
i will send excel sheet to simplify.
''STRATEGY REWARDS NOT TRADES'' |
you mean if position reverse then tgt calculate from 8 EMA not position reverse point
in this case tgt calculate from 8 EMA that is 8105 + 70 = 8180
Am I right ??? |
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sspagro
White Belt
Joined: 05 Feb 2013
Posts: 172
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| Post: #19 Posted: Fri Oct 16, 2015 9:31 am Post subject: |
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TRADE LEVELS 16 Oct.....
Short Nifty below 8121 SL 8148 TGT 8051 (spot levels)
If SL triggers just reverse your position keeping SL @ 8121
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prabit
White Belt
Joined: 02 Jul 2009
Posts: 133
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| Post: #20 Posted: Mon Oct 19, 2015 1:54 pm Post subject: |
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Dear sspagro, Please confirm this strategy is intraday or swing?
thanks |
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sspagro
White Belt
Joined: 05 Feb 2013
Posts: 172
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| Post: #21 Posted: Mon Oct 19, 2015 2:49 pm Post subject: |
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| prabit wrote: | Dear sspagro, Please confirm this strategy is intraday or swing?
thanks |
read strategy carefully. don't be a compulsive trader. only trade as and when 8 Day moving average breaks. idea is to trade only confirm trade setups |
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sspagro
White Belt
Joined: 05 Feb 2013
Posts: 172
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| Post: #22 Posted: Mon Oct 26, 2015 3:10 pm Post subject: |
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NOW KEEP A EYE ON 8 Day EMA LEVEL.... WE ARE FEW POINTS AWAY
SHORT NIFTY SPOT BELOW 8234 SL 8261 TARGET 8164 |
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sspagro
White Belt
Joined: 05 Feb 2013
Posts: 172
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| Post: #23 Posted: Wed Oct 28, 2015 9:24 am Post subject: |
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| sspagro wrote: | NOW KEEP A EYE ON 8 Day EMA LEVEL.... WE ARE FEW POINTS AWAY
SHORT NIFTY SPOT BELOW 8234 SL 8261 TARGET 8164 |
Nifty short 8234 to 8190. keep holding shorts
safe traders may some lots and trail remaining with suitable SL.  |
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sspagro
White Belt
Joined: 05 Feb 2013
Posts: 172
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| Post: #24 Posted: Wed Oct 28, 2015 1:18 pm Post subject: |
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| sspagro wrote: | | sspagro wrote: | NOW KEEP A EYE ON 8 Day EMA LEVEL.... WE ARE FEW POINTS AWAY
SHORT NIFTY SPOT BELOW 8234 SL 8261 TARGET 8164 |
Nifty short 8234 to 8190. keep holding shorts
safe traders may some lots and trail remaining with suitable SL. |
NIFTY 8234 to 8162 DONE OUR 70 POINTS TARGET. BOOK FULL LOTS NOW. ENJOY  |
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sspagro
White Belt
Joined: 05 Feb 2013
Posts: 172
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| Post: #25 Posted: Wed Oct 28, 2015 1:19 pm Post subject: |
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| sspagro wrote: | | sspagro wrote: | | sspagro wrote: | NOW KEEP A EYE ON 8 Day EMA LEVEL.... WE ARE FEW POINTS AWAY
SHORT NIFTY SPOT BELOW 8234 SL 8261 TARGET 8164 |
Nifty short 8234 to 8190. keep holding shorts
safe traders may some lots and trail remaining with suitable SL. |
NIFTY 8234 to 8162 DONE OUR 70 POINTS TARGET. BOOK FULL LOTS NOW. ENJOY |
STRATEGY REWARDS NOT TRADES. |
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grshnehete
White Belt
Joined: 15 Sep 2015
Posts: 69
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| Post: #26 Posted: Wed Oct 28, 2015 1:38 pm Post subject: |
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| sspagro wrote: | | sspagro wrote: | | sspagro wrote: | | sspagro wrote: | NOW KEEP A EYE ON 8 Day EMA LEVEL.... WE ARE FEW POINTS AWAY
SHORT NIFTY SPOT BELOW 8234 SL 8261 TARGET 8164 |
Nifty short 8234 to 8190. keep holding shorts
safe traders may some lots and trail remaining with suitable SL. |
NIFTY 8234 to 8162 DONE OUR 70 POINTS TARGET. BOOK FULL LOTS NOW. ENJOY |
STRATEGY REWARDS NOT TRADES. |
What a simple & effective strategy  |
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acharyams
Yellow Belt
Joined: 04 Jul 2010
Posts: 552
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| Post: #27 Posted: Sun Nov 01, 2015 8:19 am Post subject: |
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| sspagro wrote: | | sspagro wrote: | | sspagro wrote: | | sspagro wrote: | NOW KEEP A EYE ON 8 Day EMA LEVEL.... WE ARE FEW POINTS AWAY
SHORT NIFTY SPOT BELOW 8234 SL 8261 TARGET 8164 |
Nifty short 8234 to 8190. keep holding shorts
safe traders may some lots and trail remaining with suitable SL. |
NIFTY 8234 to 8162 DONE OUR 70 POINTS TARGET. BOOK FULL LOTS NOW. ENJOY |
STRATEGY REWARDS NOT TRADES. |
After hitting target, nifty continued its southward journey making another 120 point low. But, people with this strategy have no position to enjoy the fall as they have booked fully instead of using Trailing Stop Loss. What is the way out then to maximise the profit? |
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sspagro
White Belt
Joined: 05 Feb 2013
Posts: 172
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| Post: #28 Posted: Sun Nov 01, 2015 12:44 pm Post subject: |
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| acharyams wrote: | | sspagro wrote: | | sspagro wrote: | | sspagro wrote: | | sspagro wrote: | NOW KEEP A EYE ON 8 Day EMA LEVEL.... WE ARE FEW POINTS AWAY
SHORT NIFTY SPOT BELOW 8234 SL 8261 TARGET 8164 |
Nifty short 8234 to 8190. keep holding shorts
safe traders may some lots and trail remaining with suitable SL. |
NIFTY 8234 to 8162 DONE OUR 70 POINTS TARGET. BOOK FULL LOTS NOW. ENJOY
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STRATEGY REWARDS NOT TRADES. |
After hitting target, nifty continued its southward journey making another 120
point low. But, people with this strategy have no position to enjoy the fall as they have booked fully instead of using Trailing Stop Loss. What is the way out then to maximise the profit? |
Your concern is noted. But its depend on induvidual trading style how you make mony out of trend. Its also related to how much risk you take for how much lots. For example im booked 70 points for sizable lots and not interested to carry my trade for tomo. So its individule choice how you trade. Yes first target is 70 points |
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YASIN
White Belt
Joined: 24 Nov 2009
Posts: 11
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| Post: #29 Posted: Mon Nov 02, 2015 10:23 am Post subject: Good Strategy but need to back test or paper trade |
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Good Strategy but need to back test or paper trade
Sir ji What about Excel Sheet??
Will this Strategy work on other stocks and other index??  |
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sspagro
White Belt
Joined: 05 Feb 2013
Posts: 172
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| Post: #30 Posted: Mon Nov 02, 2015 10:41 am Post subject: Re: Good Strategy but need to back test or paper trade |
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| YASIN wrote: | Good Strategy but need to back test or paper trade
Sir ji What about Excel Sheet??
Will this Strategy work on other stocks and other index?? |
this strategy for nifty index strictly.
soon i will mail exel to all. working out it auto update option. |
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