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RVG's 8 EMA HILO strategy |
Allwell White Belt
Joined: 24 Jan 2010 Posts: 183
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Post: #16 Posted: Fri Feb 17, 2012 8:19 pm Post subject: |
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RVG…..some little query….in educomp fut. 15/2/12 Educomp hourly pivot broken @ 238.2 and subsequently reached up to 233 in next 6 candle……new pivot create @ 251.60…..stock bounce from 233 to 246.3, though pivot not broken but during that journey 8 ema high touch though and stock reverse from 246 to 236. My query is for new pivot which low we should consider 237.60 or 233…..
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rvg White Belt
Joined: 31 Oct 2006 Posts: 279
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Post: #17 Posted: Fri Feb 17, 2012 10:04 pm Post subject: |
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dijyya wrote: | RVG…..some little query….in educomp fut. 15/2/12 Educomp hourly pivot broken @ 238.2 and subsequently reached up to 233 in next 6 candle……new pivot create @ 251.60…..stock bounce from 233 to 246.3, though pivot not broken but during that journey 8 ema high touch though and stock reverse from 246 to 236. My query is for new pivot which low we shouldPls consider 237.60 or 233….. |
Pls post the chart with illustrations
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KatrinaaDP White Belt
Joined: 11 Sep 2010 Posts: 95
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Post: #18 Posted: Sat Feb 18, 2012 8:38 am Post subject: |
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rvg sir very good thanks
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Allwell White Belt
Joined: 24 Jan 2010 Posts: 183
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Post: #19 Posted: Tue Feb 21, 2012 4:47 am Post subject: |
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rvg wrote: | dijyya wrote: | RVG…..some little query….in educomp fut. 15/2/12 Educomp hourly pivot broken @ 238.2 and subsequently reached up to 233 in next 6 candle……new pivot create @ 251.60…..stock bounce from 233 to 246.3, though pivot not broken but during that journey 8 ema high touch though and stock reverse from 246 to 236. My query is for new pivot which low we shouldPls consider 237.60 or 233….. |
Pls post the chart with illustrations |
Now chart posted...Thanks
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1981prasanth White Belt
Joined: 08 Oct 2011 Posts: 1
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Post: #20 Posted: Tue Feb 21, 2012 8:34 am Post subject: how to plot |
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sir
how to plot 8 ema low and 8 high,how is the settings
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kamal.icharts Site Admin
Joined: 10 Apr 2013 Posts: 576
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Post: #21 Posted: Tue Feb 21, 2012 9:10 am Post subject: Re: how to plot |
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Dear Member,
For EOD charts, use Charts(Premium) to plot the EMA on High / Low
Regards
Kamal
1981prasanth wrote: | sir
how to plot 8 ema low and 8 high,how is the settings |
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rvg White Belt
Joined: 31 Oct 2006 Posts: 279
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Post: #22 Posted: Tue Feb 21, 2012 10:45 am Post subject: |
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dijyya wrote: | My query is for new pivot which low we shouldPls consider 237.60 or 233….. |
Every New Lower Low will be the low for pivot considerations.. in this case 233.
Today it has made a lower low of 228 and now new pivot is most recent high above 8ema i.e. 243.80 11:00 am candle on 17/2
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Allwell White Belt
Joined: 24 Jan 2010 Posts: 183
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Post: #23 Posted: Tue Feb 21, 2012 12:16 pm Post subject: |
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thanks....RVG......
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amolghodekar White Belt
Joined: 02 Apr 2011 Posts: 41
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Post: #24 Posted: Fri Feb 24, 2012 7:06 pm Post subject: |
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HI RVG,
Just wanted to know, which stocks u prefer to trade with this strategy...
also about your 4 rules... not able to grasp completely...
..Amol
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rvg White Belt
Joined: 31 Oct 2006 Posts: 279
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Post: #25 Posted: Sun Feb 26, 2012 7:41 pm Post subject: |
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amolghodekar wrote: |
Just wanted to know, which stocks u prefer to trade with this strategy...
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Do a visual inspection and see which stocks fit into this strategy.
I have traded quite a few High beta stocks well.. Most trending stocks would fit into this strategy
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rvg White Belt
Joined: 31 Oct 2006 Posts: 279
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Post: #26 Posted: Mon Feb 27, 2012 11:14 pm Post subject: |
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amolghodekar wrote: |
Just wanted to know, which stocks u prefer to trade with this strategy...
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Following stocks have trigerred a sell on EoD
8ema BGREnergy
8ema CentralBK
8ema HDFCBank
8ema IFCI
8ema Kotakbank
8ema LITL
8ema Maruti
8ema Rolta
8ema TataMotors
34 ema ABAN
Sell below prev day low
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amolghodekar White Belt
Joined: 02 Apr 2011 Posts: 41
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Post: #27 Posted: Tue Feb 28, 2012 7:56 pm Post subject: |
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rvg wrote: | amolghodekar wrote: |
Just wanted to know, which stocks u prefer to trade with this strategy...
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Following stocks have trigerred a sell on EoD
8ema BGREnergy
8ema CentralBK
8ema HDFCBank
8ema IFCI
8ema Kotakbank
8ema LITL
8ema Maruti
8ema Rolta
8ema TataMotors
34 ema ABAN
Sell below prev day low |
Hi RVG,
Thanks for updating... but today 28-Feb most of the EOD candles are closing above 8ema,high... so what does this mean... should we go long if tomorrow trades above todays high...
..Amol
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rvg White Belt
Joined: 31 Oct 2006 Posts: 279
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Post: #28 Posted: Tue Feb 28, 2012 11:10 pm Post subject: |
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amolghodekar wrote: | Thanks for updating... but today 28-Feb most of the EOD candles are closing above 8ema,high... so what does this mean... should we go long if tomorrow trades above todays high...
..Amol |
As per the rules I mentioned earlier
2. when price crosses and closes above high ema from below ; momentum is bullish
As the momentum is bullish ; better to trade in direction of momentum ; so buy if the price is above today;s high.
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rvg White Belt
Joined: 31 Oct 2006 Posts: 279
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rvg White Belt
Joined: 31 Oct 2006 Posts: 279
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Post: #30 Posted: Fri Mar 02, 2012 6:39 pm Post subject: Re: NF closing below 8H for the week |
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rvg wrote: | With NF Closing below 8H for the week ; |
We still have one "Trading Day" tomorrow Saturday 3 March ; Lets see what transpires then.
Shall post chart again tomorrow
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