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Nifty 8 Day EMA Sure plus minus strategy |
grshnehete
White Belt
Joined: 15 Sep 2015
Posts: 69
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Post: #391  Posted: Tue May 17, 2016 9:28 am Post subject: |
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Reversed @ 7868
Target 7911 reached |
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EssJay
White Belt
Joined: 05 Sep 2012
Posts: 270
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| Post: #392 Posted: Wed May 18, 2016 8:53 am Post subject: |
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| today, do we use the dips upto 8ema to buy? |
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giribabu06
White Belt
Joined: 01 Oct 2012
Posts: 42
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| Post: #393 Posted: Wed May 18, 2016 9:10 am Post subject: |
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| EssJay wrote: | | today, do we use the dips upto 8ema to buy? |
if price opens below 8 EMA and crosses 8 EMA from below then its buy...vice versa for sell |
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EssJay
White Belt
Joined: 05 Sep 2012
Posts: 270
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| Post: #394 Posted: Wed May 18, 2016 10:46 am Post subject: |
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| so currently no trade? |
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srfelixmca
White Belt
Joined: 30 Jan 2010
Posts: 229
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| Post: #395 Posted: Wed May 18, 2016 1:02 pm Post subject: |
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Friends
Bought at 7860 and SL 7825 and target 7922
Cheers
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EssJay
White Belt
Joined: 05 Sep 2012
Posts: 270
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| Post: #396 Posted: Wed May 18, 2016 1:16 pm Post subject: |
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| bought at 7847 spot, 7855 fut...sl is 7825 spot and target is 7922 |
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riteshucha
Green Belt
Joined: 19 May 2012
Posts: 1292
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| Post: #397 Posted: Wed May 18, 2016 1:24 pm Post subject: |
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| i remember ss's saying earlier that wait for price to touch or cross ema 8 and then sell in case of gap down... hence for me short is still active with SAR at 7879... spot.. |
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EssJay
White Belt
Joined: 05 Sep 2012
Posts: 270
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| Post: #398 Posted: Wed May 18, 2016 1:49 pm Post subject: |
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| riteshucha wrote: | | i remember ss's saying earlier that wait for price to touch or cross ema 8 and then sell in case of gap down... hence for me short is still active with SAR at 7879... spot.. |
oh no...am long...but it is above my price...so exiting. thanks! |
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EssJay
White Belt
Joined: 05 Sep 2012
Posts: 270
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| Post: #399 Posted: Thu May 19, 2016 12:40 pm Post subject: |
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| since sl was hit at 7879 yesterday, i assume we are long? with sl 7825? |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #400 Posted: Thu May 19, 2016 2:24 pm Post subject: |
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whichever way trading.......the sytem would have given 4-5 whips on way to staabilisation....since there is no holy grail and we have to give to market....out of profits earned....
RR is very good here....if there is not slippage in trades.
now trade the next trigger.....it shall work very well. |
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paa
White Belt
Joined: 28 Sep 2010
Posts: 178
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| Post: #401 Posted: Mon May 23, 2016 6:00 pm Post subject: |
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Speed breakers are usually made by those who don't own vehicles.
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #402 Posted: Mon May 23, 2016 6:53 pm Post subject: |
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| Today as well it reversed just before the trigger buy and hit the reverse tagged for people using as benchmark . So it's a nice system |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #403 Posted: Thu Jun 09, 2016 11:19 am Post subject: |
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| Coming near |
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Samant
White Belt
Joined: 14 Oct 2010
Posts: 2
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| Post: #404 Posted: Fri Jun 10, 2016 11:12 am Post subject: |
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Can you please explain this strategy with respect to nifty future?
Thanks |
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anand512
White Belt
Joined: 26 Jun 2009
Posts: 109
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| Post: #405 Posted: Sat Jun 11, 2016 10:10 am Post subject: 8 ema strategy |
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Sir,
In your strategy there are so many chances of whipsaw
Also ur strategy is based on nifty spot level. so the stoploss of 27 dosent work
As the future premium is sometimes on very higher or lower side.
Hence it is not posssible to judge where to keep stoploss.
Also for this kind of strategy I have to remain in costant touch of mkt.
Now a days there are 60 to 70% chances of market open with gap up or gap down . In such case it is very difficult to manage position.
So, pl. Modify ur strategy with above remarks |
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