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Nifty 8 Day EMA Sure plus minus strategy |
EssJay
White Belt
Joined: 05 Sep 2012
Posts: 270
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Post: #346  Posted: Thu Apr 28, 2016 6:45 am Post subject: |
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| riteshucha wrote: | true makes more sense... i had a similar thought...
but then your SL becomes 54 points for 43 points target unless you hold on with additional lots and trail....
| EssJay wrote: | | I think that perhaps the mistake is in identifying SL. the SL should remian 27 points from the 8EMA level. For instance once our short SL was hit at 7856 and we went long, the SL should have remained at 8EMA-27. In that case the long SL would not have been hit. |
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agreed, the RR is not favorable at all. However I've noticed, in such instances, the move is much more than the target. So one can hold on for much more than the target. |
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sspagro
White Belt
Joined: 05 Feb 2013
Posts: 172
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| Post: #347 Posted: Thu Apr 28, 2016 8:11 am Post subject: |
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| I know last trade went very triky. Thogh system has its own advantage being small SL and exit at trend reversol keeping looses at minimal side. Its most important aspect when you are into index trading. Othrwise holding possition on big Sl may leads to loosing capital. |
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srfelixmca
White Belt
Joined: 30 Jan 2010
Posts: 229
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| Post: #348 Posted: Thu Apr 28, 2016 12:45 pm Post subject: |
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Friends
8 EMA - 7889
Hope will touch 
Cheers
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EssJay
White Belt
Joined: 05 Sep 2012
Posts: 270
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| Post: #349 Posted: Thu Apr 28, 2016 2:10 pm Post subject: |
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| short triggered at 7889. shorted may futures at 7927. SL is 7916 |
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sspagro
White Belt
Joined: 05 Feb 2013
Posts: 172
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| Post: #350 Posted: Thu Apr 28, 2016 2:42 pm Post subject: |
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| Short is active. |
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srfelixmca
White Belt
Joined: 30 Jan 2010
Posts: 229
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| Post: #351 Posted: Fri Apr 29, 2016 9:47 am Post subject: |
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Friends
Today's 8 EMA is 7879.9.
Yesterday short happened and SL 7927
SSpagro
How will we trade today.
Cheers
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nakum
Brown Belt
Joined: 10 Jan 2008
Posts: 2252
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| Post: #352 Posted: Fri Apr 29, 2016 10:06 am Post subject: |
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Dear Friends
NS made low 7822 +67 point tgt miss by only 3 point
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sspagro
White Belt
Joined: 05 Feb 2013
Posts: 172
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| Post: #353 Posted: Fri Apr 29, 2016 12:26 pm Post subject: |
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| nakum wrote: | Dear Friends
NS made low 7822 +67 point tgt miss by only 3 point
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picture abhi baki hain dost.  target is target so we must wait |
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nakum
Brown Belt
Joined: 10 Jan 2008
Posts: 2252
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| Post: #354 Posted: Fri Apr 29, 2016 1:01 pm Post subject: |
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| sspagro wrote: | | nakum wrote: | Dear Friends
NS made low 7822 +67 point tgt miss by only 3 point
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picture abhi baki hain dost. target is target so we must wait |
finaly tgt hit
" All is well thats end is well " |
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sspagro
White Belt
Joined: 05 Feb 2013
Posts: 172
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| Post: #355 Posted: Fri Apr 29, 2016 1:17 pm Post subject: |
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Book profits net 70 points in pocket   always trail some lots enjoy |
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giribabu06
White Belt
Joined: 01 Oct 2012
Posts: 42
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| Post: #356 Posted: Fri Apr 29, 2016 7:28 pm Post subject: |
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| sspagro wrote: | | Book profits net 70 points in pocket always trail some lots enjoy |
grt...bt one doubt....we should not consider today's 8 EMA?
today's 8 EMA @ 7880, it hit in the morning...in this situation what is the strategy...we should enter buy or still previous sell call continue till SL/TGT hit ? |
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sspagro
White Belt
Joined: 05 Feb 2013
Posts: 172
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| Post: #357 Posted: Fri Apr 29, 2016 7:57 pm Post subject: |
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| giribabu06 wrote: | | sspagro wrote: | | Book profits net 70 points in pocket always trail some lots enjoy |
grt...bt one doubt....we should not consider today's 8 EMA?
today's 8 EMA @ 7880, it hit in the morning...in this situation what is the strategy...we should enter buy or still previous sell call continue till SL/TGT hit ? |
There is no ifs & buts... Its preety clear strategy and easy to trade & easy to exicute....And i already warn ppls that do not try to change my strategy rules, second fallow spot levels only. There is resons behind 70 pts tgt & 27 pts sl after extensive research..
For eg. Today if you exit at 7880 you would be in loss. Again read my first post carefully.
U r your own master. |
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grshnehete
White Belt
Joined: 15 Sep 2015
Posts: 69
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| Post: #358 Posted: Mon May 02, 2016 9:04 am Post subject: |
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| 7873 todays ema8 level |
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grshnehete
White Belt
Joined: 15 Sep 2015
Posts: 69
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| Post: #359 Posted: Tue May 03, 2016 9:28 am Post subject: |
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Buy triggered @7858
Target 7928
SL 7831 |
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sspagro
White Belt
Joined: 05 Feb 2013
Posts: 172
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| Post: #360 Posted: Tue May 03, 2016 11:16 am Post subject: |
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| We r long hold wit 27 points sl |
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