iCharts Discussions

[Rahulsharmaat]

After bank nifty is gone through-- will post here as soon as possible

[krab]

sir, i am interested

[parva]

Dear sir..

I am eagerly waiting for this plan.

Thanks and regards..

PARVA

[spihonda]

Dear sir..

I am eagerly waiting for this plan.

Thanks and regards..

[ridinghood]

[gnbalaji]

Dear Rahulji,

Please disclose your strategy,

Regards,
Balaji

[manjuonthego]

I AM IN

[MANUBINDRA]

I am waiting anxiously, chak de phate.

[Rahulsharmaat]

Intezaar over

Set up is

Set 38 EMA
TF : 15 min

Buy above 38 EMA value plus 6 Point filter
Short below 38 EMA value Minus 6 point filter

target is 25 points
After 20 points TSL at cost

If target is booked-- well and good
If stop loss hit-- double your quantity

Double it till target is hit ---

now lets talk about risk part ---
In a row 5 stop loss hit in this

so before starting --take that in mind and calculate your money management

In sep it gave 800 points
In oct its 400 points till now


Note : In sep-- stop loss was

1 lot sl hit--double qualtity
2 lot Sl hit-- double Qty
4 lot Sl hit-- Double qty
8 lot Sl hit--double qty
16 lots target hit---


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

Bank nifty-- i will take some time to calculate--then i will post

[Rahulsharmaat]

Now one more thing here---

If any one dosent want to increase lots after 1 st stop loss
what he can do is-- after one stop loss -- just trade 2 lots--
if 3 stop loss hits--then in 4th trade straight trade 5 lots-- n so on


More ideas welcome

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

On friday buy triggered at 5713-- one lot stop loss hit at 5702--

Loss 11 points

Short was at 5702-- 2 lot short-- went to 5682--- TSL hit at cost
Again 4 lots short at 5697-- target 5672-- booked

gain 100 points now


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

After TSL or target --there are re entry rules also--
we will discuss this after-- feed backs from respected members

[spihonda]

Sir, thanks for sharing this statergy.

I have doubt, in your post. After buy came at 5713, stoploss should be 13 pts ,so Sar will be 5700 level, but you have mentioned 5702, so it is confusing.

And one morething, first time we look for Ema crossing price and take buy/sell. After some time stoploss hit, for further calculation of entry and sar level we have to see the new ema value or the previous ema value we have already noted .

FOR EXAMPLE,
38 EMA crossover on price 15 mts time frame,That time Ema value is 5700, so we have to take buy entry at 5706,or sell at 5694.Now we have taken buy entry at 5707, after some time it is not moving morethan 10 points and hit the stoploss at 5694. Now we have double sell at 5694, or we have to see new ema value for trade decision.

Thanks

[Rahulsharmaat]

13 point is not fixed-- it may be maximum loss

6 point above ema value-- for example ema value is 5706.20-- make it 5707-- add 6 points-- which is 5713--- place buy at 5713.10

now stop loss is double at 5701.90--- if it moves up-- or consolidates-- re chech EMA value and adjust your stop loss and short

[sruthi_kulkrni]

[Rahulsharmaat]

Nifty is now buy at 5699.10

Friday short target was hit

[Rahulsharmaat]

Re entry rule

After target or stop loss--

If price cross 34 ema and fresh buy or sell not triggered { in case previous trade was short-- fresh buy will be long--- in case previous trade was long-- fresh trade will be short }

and candle closes below 34 ema line-- add 6 point filter and go short with same rule --- in case of earlier trade was short --

same with Long also

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

Now today if long trade dosent trigger at 5700.10 ---ema value now is 5693.14--so its 5694----- and rate cross 5694-- n candle close below 5694--- go short using 6 point filter -- SAR 6 point above 34 EMA -- at the time of trade