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SH 30 minutes swinging yorker method - Nifty (Alchemist) |
anilnegi White Belt
Joined: 02 Oct 2012 Posts: 38
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Post: #106 Posted: Sat Mar 07, 2015 5:03 pm Post subject: |
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Alchemist bhai
i am not able to draw 200 EMA in 30 minute chart as it has limitation of upto 5 days only, i am using sharekhan trade tiger software, however, 5 and 34 is possible is it sufficient to trade this method,
with you signature i somehow recognize but just not disclose the name
thanks
anil negi
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Hydrogen White Belt
Joined: 18 Feb 2014 Posts: 87
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Post: #107 Posted: Sat Mar 07, 2015 6:13 pm Post subject: |
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anilnegi wrote: | Alchemist bhai
i am not able to draw 200 EMA in 30 minute chart as it has limitation of upto 5 days only, i am using sharekhan trade tiger software, however, 5 and 34 is possible is it sufficient to trade this method,
with you signature i somehow recognize but just not disclose the name
thanks
anil negi |
Use other version of TT uou can get in that.
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Alchemist Yellow Belt
Joined: 09 Aug 2010 Posts: 853
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Post: #108 Posted: Sat Mar 07, 2015 10:33 pm Post subject: |
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anilnegi wrote: | Alchemist bhai
i am not able to draw 200 EMA in 30 minute chart as it has limitation of upto 5 days only, i am using sharekhan trade tiger software, however, 5 and 34 is possible is it sufficient to trade this method,
with you signature i somehow recognize but just not disclose the name
thanks
anil negi |
I don't use SK TT to trade now a days however now I think you can load upto 30 days.... a much easier option is to buy icharts subscription
you recognised me right, I am stockhunter (SH).
Cheers
SH
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Alchemist Yellow Belt
Joined: 09 Aug 2010 Posts: 853
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Post: #109 Posted: Sat Mar 07, 2015 10:35 pm Post subject: |
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katariajs wrote: | Dear Alchemist,
Can this strategy be applied on Bank Nifty too? |
yes .. should work on bnf too.
cheers
sh
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anilnegi White Belt
Joined: 02 Oct 2012 Posts: 38
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Post: #110 Posted: Sat Mar 07, 2015 11:14 pm Post subject: |
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anilnegi wrote: | Alchemist bhai
i am not able to draw 200 EMA in 30 minute chart as it has limitation of upto 5 days only, i am using sharekhan trade tiger software, however, 5 and 34 is possible is it sufficient to trade this method,
with you signature i somehow recognize but just not disclose the name
thanks
anil negi |
ok, will use advance version, by the way what are charges for ichart subscription
anil negi
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anilnegi White Belt
Joined: 02 Oct 2012 Posts: 38
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Post: #111 Posted: Sat Mar 07, 2015 11:20 pm Post subject: |
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Alchemist wrote: | anilnegi wrote: | Alchemist bhai
i am not able to draw 200 EMA in 30 minute chart as it has limitation of upto 5 days only, i am using sharekhan trade tiger software, however, 5 and 34 is possible is it sufficient to trade this method,
with you signature i somehow recognize but just not disclose the name
thanks
anil negi |
I don't use SK TT to trade now a days however now I think you can load upto 30 days.... a much easier option is to buy icharts subscription
you recognised me right, I am stockhunter (SH).
Cheers
SH |
i was right just got confuse with white belt doesnt belong to you though.
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anusantosh White Belt
Joined: 19 Jun 2011 Posts: 105
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Post: #112 Posted: Mon Mar 09, 2015 8:05 am Post subject: 200 ema |
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I have subscription of icharts but don't know how to draw 200 ema line. How I can draw that to trade in your method?
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taruj White Belt
Joined: 20 Apr 2011 Posts: 260
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Post: #113 Posted: Mon Mar 09, 2015 8:55 am Post subject: Re: 200 ema |
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anusantosh wrote: | I have subscription of icharts but don't know how to draw 200 ema line. How I can draw that to trade in your method? |
Follow the alphabets
A: Select Time Frame = 30 Mins
B: Select the Time Frame Settings
C: Make intraday time frame (no. of trading sessions) = 250 (Click OK)
D, E, F: Set EMAs 5, 34, 200 (Make sure that the EMA button is ON)
G: Press this button to save changes.
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kamal.icharts Site Admin
Joined: 10 Apr 2013 Posts: 576
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Post: #114 Posted: Mon Mar 09, 2015 10:17 am Post subject: Re: 200 ema |
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Thanks Taruj Bhai
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ajit602 White Belt
Joined: 11 Sep 2012 Posts: 370
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Post: #115 Posted: Mon Mar 09, 2015 11:26 am Post subject: |
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Short taken or not. Pls confirm
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power star99 White Belt
Joined: 14 Feb 2013 Posts: 27
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Post: #116 Posted: Mon Mar 09, 2015 1:18 pm Post subject: |
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Short not taken .low of the candle not broken , below 8798 spot short can be created is it correct Alchem sir.
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Alchemist Yellow Belt
Joined: 09 Aug 2010 Posts: 853
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Post: #117 Posted: Mon Mar 09, 2015 4:24 pm Post subject: |
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Nifty spot cross happened at 11 AM candle and the low of that candle was 8814 .. so trade to be taken when NS hits 8813 (equated to NF hitting 8845).
Short was triggered by 11.30 AM candle when it breached 8814 on NS and hit 8845 on NF ....
50% should have booked today at 8770-8780 (65 to 75 points profit) and rest should be held as per the rules.
As 30 mins RSI is oversold, alternative strategy can also be to sell 8750 puts at 98
Cheers
SH
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sumesh_sol Brown Belt
Joined: 06 Jun 2010 Posts: 2344
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Post: #118 Posted: Mon Mar 09, 2015 4:39 pm Post subject: |
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Alchemist wrote: | Nifty spot cross happened at 11 AM candle and the low of that candle was 8814 .. so trade to be taken when NS hits 8813 (equated to NF hitting 8845).
Short was triggered by 11.30 AM candle when it breached 8814 on NS and hit 8845 on NF ....
50% should have booked today at 8770-8780 (65 to 75 points profit) and rest should be held as per the rules.
As 30 mins RSI is oversold, alternative strategy can also be to sell 8750 puts at 98
Cheers
SH |
Once again system worked and nifty moved as expected .. Congratulation to you Alc...
Booking 50% is perfectly fine, but because RSI oversold should we take hedging ? Do u feel rsi divergence is a better signal for starting hedging ?
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Alchemist Yellow Belt
Joined: 09 Aug 2010 Posts: 853
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Post: #119 Posted: Mon Mar 09, 2015 10:06 pm Post subject: |
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sumesh_sol wrote: | Alchemist wrote: | Nifty spot cross happened at 11 AM candle and the low of that candle was 8814 .. so trade to be taken when NS hits 8813 (equated to NF hitting 8845).
Short was triggered by 11.30 AM candle when it breached 8814 on NS and hit 8845 on NF ....
50% should have booked today at 8770-8780 (65 to 75 points profit) and rest should be held as per the rules.
As 30 mins RSI is oversold, alternative strategy can also be to sell 8750 puts at 98
Cheers
SH |
Once again system worked and nifty moved as expected .. Congratulation to you Alc...
Booking 50% is perfectly fine, but because RSI oversold should we take hedging ? Do u feel rsi divergence is a better signal for starting hedging ? |
Sumesh - this is where Trading becomes an art and doesnt stay anymore a science where 1+1 is always 2.
RSI divergence - definitely start hedging with options.
RSI oversold/overbought but no divergence yet - this is where subjectivity and gut 'feeling' kicks in. If larger TF is UP but 30 mins is down ... I would feel more secure to hedge when RSI oversold. If the larger TF is down and RSI is also oversold..I can be more courageous and continue naked shorts. It's all subjective here...
Cheers
SH
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sumesh_sol Brown Belt
Joined: 06 Jun 2010 Posts: 2344
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Post: #120 Posted: Tue Mar 10, 2015 8:23 am Post subject: |
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Alchemist wrote: |
If the larger TF is down and RSI is also oversold..I can be more courageous and continue naked shorts. It's all subjective here...
Cheers
SH |
Thanks for the input. Surely this holds merit. Trade management is more important then entering trade to earn consistently.
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