iCharts Discussions

[Rahulsharmaat]

In last post under future trades--Rel Infra---

i have given a set up with 55 EMA--15 min in Nifty trades-- But have seen that in these 2 month many whipsaws where in it--which resulted in no gain...


So here is a new set up for those who are interested in it ...

last 8 months-- it gave average 300 points--

august was a bad month where gains where only 150 points--where as in may it was almost 500 points plus

in sep till now 250 points realised


================================================

Buy 15 points above High SMA
short 15 points below Low SMA

target 70 points--

Stop loss 28 points

Tsl at cost after 25 points
Tsl at 25 gain after 55 points gain
Tsl at 40 after 60 point gain
Tsl at 55 above 60 points

[jitesh7]

Hi Rahul,

what should be SMA value. 55??

with regards,
Jitesh

[ridinghood]

thnx, rahul! for the new setup.
pl confirm if the tf is 15 mt nd sma value is 55?

regs
ridinghood

[ridinghood]

hi rahul,
pl also post the entry nd reentry rules in detail.
regs
ridinghood

[Rahulsharmaat]

SMA is 30

[rakpeds]

[Rahulsharmaat]

see last few trades

[rakpeds]

[Rahulsharmaat]

in 55 EMA in same trades we lost almost 80 points

and here we gained 100 points

and the day when ECB meet was there-- 55 EMA gave short-- where as new set up gave long ---

in 55 EMA trade short loss was 80 points where as we gained 70 points in this set up-- so again 150 point difference


thats why changed it to this

TF is 15 Min can try 17 min also

[rakpeds]

rahul sir.. what are the reentry rules ??? same as the previous set up with different filters

[Rahulsharmaat]

Re Entry rule----

After target or stop loss or TSL

let candle close between band-- and then Buy with 15 points filter

End of the day --if not active-- take position---{ even candle didnt close between band and its maximum 5 points above 30 SMA high-- or 30 SMA low- }

[Rahulsharmaat]

one can avoid it on expiry day

[p.hardik92]

rahul 4 oct series rel infra is in buy or sell

[Rahulsharmaat]

30 min Long at 558

[Rahulsharmaat]

Nifty Long yesterday at closing at 5680--- made target 70 points and booked

at closing its short at 5725