iCharts Discussions

[sonila]

Hello friends,from tomorrow i will track this strategy which is very simple for nf positional trade. We will take only ema 3,45 cross over and nothing else and with 2 lots of nifty. We will assume the total cost of each trade as 3 points. Let us do it for 1 month, so that we can draw a conclusion. Thanx.

[sonila]

1st lot, we will book at 30 pt gain. 2nd lot we will go signal to signal.

[Rahulsharmaat]

time frame ???

[sonila]

We will carry position over night. Let us see, what happens.

[sonila]

Yes.... Forgot to mention. Time frame is 5-min.

[Rahulsharmaat]

i too thought 5 min may be-- was seeing that only

[Rahulsharmaat]

if booked in 25 points-- today made 36 points --

First buy at 4782-- made--4812-- so gain 25 points
2nd lot exited in loss 10 points at 4772--
short at 4772-- made 25 points-- in one lot
@nd lot exited in loss at 4796-- loss 4 points
again long made at 4796-- made 4836-- booked 25 points
and 2nd lot in hand

so booked gain is 75 points
and 2nd exited lot loss 39 points

so total gain 36 points today and long of 4796 in hand

[sonila]

Excellent, u r so fast in calculating. So, better we will keep 25 pts as 1st tgt.

[Rahulsharmaat]

But problem with 5 min is there are so many trades and whipsaws--that end result wont be attractive-- instead 15 min is good

[Rahulsharmaat]

in 15 min last 15 days trades got 575 points almost

but point to be noted that buy of 4844-- next day gap up at 5000 plus -- gave 150 points instead of 25 point in first lot-- in that was if we deduct it--then net gain 450 points--

sounds good

[sonila]

TRADE.1(Paper trdes with eod data)(14dec2011)

Short entered with 2 lots @ 12.01 @4807
Booked 1 lot @ 12.14 @ 4777(+27)(bkg calculated)
Booked 2nd lot @ 12.41 @ 4815(-11)
NET at trade.1 = (+16)

TRADE.2
Long @ 12.41 @ 4815
loss booked @ 1.30 @ 4798 (-40)
NET after trade.2 =(-24)

TRADE.3
shorted @ 1.30 @ 4798
booked 1 lot @ 2.34 @ 4768 (+27)


NET after trade.3 = (+3)
and 1 lot short carrying overnight from 4798

[Rahulsharmaat]

Short entered with 2 lots @ 12.01 @4807
Booked 1 lot @ 12.14 @ 4777(+27)(bkg calculated)
Booked 2nd lot @ 12.41 @ 4815(-11)
NET at trade.1 = (+16)

TRADE.2
Long @ 12.41 @ 4815 --------------------------candle closed at 4820--
loss booked @ 1.30 @ 4798 (-40)
NET after trade.2 =(-24)

TRADE.3
shorted @ 1.30 @ 4798 ---------------------candle closed at 4794
booked 1 lot @ 2.34 @ 4768 (+24

[newinvestor]

[sonila]

UPDATE;
1 LOT SHORT still continued from yesterday(14dec) from 4798

[sonila]

2 nd lot exited @ 12.56 @ 4718(+77)
NET AFTER TRADE.3 = (+80)



TRADE.4 (15 DEC 2011)
LONGED 2 lots @ 12.56 @ 4718