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SH 30 minutes swinging yorker method - Nifty (Alchemist) |
ajit602
White Belt
Joined: 11 Sep 2012
Posts: 370
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Post: #391  Posted: Mon Jul 20, 2015 12:51 pm Post subject: |
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| 5and 34 EMA bearish crossover happened. |
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katariajs
White Belt
Joined: 25 Jan 2014
Posts: 24
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| Post: #392 Posted: Mon Jul 20, 2015 1:02 pm Post subject: |
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| But exit only when low of 5/34 crossover bar broken. |
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Alchemist
Yellow Belt
Joined: 09 Aug 2010
Posts: 853
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| Post: #393 Posted: Mon Jul 20, 2015 7:52 pm Post subject: |
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| Alchemist wrote: | | Alchemist wrote: | Bullish yorker cross happened at 10.30 AM and candle high was 8382 spot. This high was breached by 12.30 PM candle and highs initiated at 8395 (NF) levels. Previous shorts took 40 points loss at this stage.
Nifty rose quickly and at around 8475 (NF) mkts hit RSI 70 and hence I booked 50% longs at that stage. Rest 50% held. Markets continues to rise later in the day and RSI hit 73-74 levels which allowed me to sell some 8500 calls at 99 to hedge rest 50%.
These calls will be booked on any correction to 34 EMA, otherwise will be held until expiry.
Cheers
SH |
Yorker buy is in 240 points profit (NF) however sold 8500 calls are in 65 point loss.
Cheers
SH |
Mkts corrected when day started to 34 EMA which allowed me to exit the sold calls in 29 points loss. We got a 5/34 cross later however the lows of the crossover candle did not breach and eventually nifty made days highs hence longs continue.
Cheers
SH |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #394 Posted: Wed Jul 22, 2015 2:45 pm Post subject: |
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| has anyone taken the 5/34 crossover trade....... |
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ajit602
White Belt
Joined: 11 Sep 2012
Posts: 370
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| Post: #395 Posted: Wed Jul 22, 2015 5:35 pm Post subject: |
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| amitagg wrote: | | has anyone taken the 5/34 crossover trade....... |
I took trade. Crossover high was 8616. And I took at 8618. |
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Alchemist
Yellow Belt
Joined: 09 Aug 2010
Posts: 853
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| Post: #396 Posted: Thu Jul 23, 2015 3:50 pm Post subject: |
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Nifty seems to have gone into major consolidation....
exited at 8605...
Cheers
SH |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #397 Posted: Thu Jul 23, 2015 7:55 pm Post subject: |
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| Alchemist wrote: | Nifty seems to have gone into major consolidation....
exited at 8605...
Cheers
SH |
interesting thanks |
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ajit602
White Belt
Joined: 11 Sep 2012
Posts: 370
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| Post: #398 Posted: Mon Jul 27, 2015 10:09 am Post subject: |
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| Pls confirm. Position to be taken or not at 8428. |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #399 Posted: Mon Jul 27, 2015 12:20 pm Post subject: |
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| yes pls do. |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #400 Posted: Mon Jul 27, 2015 3:22 pm Post subject: |
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| amitagg wrote: | | yes pls do. |
booked 50% 8370 NF.
(Traders can 'alternatively' exit ...considering expiry week and at support area.) - no dabbling with options required considering volatility.
Kudos to SH  |
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ajit602
White Belt
Joined: 11 Sep 2012
Posts: 370
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| Post: #401 Posted: Thu Jul 30, 2015 12:12 pm Post subject: |
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| Short trade closed. Wait for new signal. |
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ajit602
White Belt
Joined: 11 Sep 2012
Posts: 370
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| Post: #402 Posted: Fri Jul 31, 2015 11:22 am Post subject: |
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| Any body could took the position. As crossover high was 8480. And market took off to 8500. |
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simply.index
White Belt
Joined: 28 Jun 2014
Posts: 158
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| Post: #403 Posted: Fri Jul 31, 2015 11:33 am Post subject: |
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| ajit602 wrote: | | Any body could took the position. As crossover high was 8480. And market took off to 8500. |
5/200 Bullish crossover happened now @ 11.30 am candle. Candle high is 8503 so trigger is 8504 spot.
Last edited by simply.index on Fri Jul 31, 2015 9:42 pm; edited 1 time in total |
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simply.index
White Belt
Joined: 28 Jun 2014
Posts: 158
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| Post: #404 Posted: Fri Jul 31, 2015 11:45 am Post subject: |
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[quote="simply.index"] | ajit602 wrote: | | Any body could took the position. As crossover high was 8480. And market took off to 8500. |
5/200 Bullish crossover happened now @ 11.30 am candle. Candle high is 8503 so trigger is 8504 spot.[/q
Buy triggered
Last edited by simply.index on Fri Jul 31, 2015 9:40 pm; edited 1 time in total |
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ajit602
White Belt
Joined: 11 Sep 2012
Posts: 370
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| Post: #405 Posted: Fri Jul 31, 2015 3:09 pm Post subject: |
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[quote="simply.index"] | simply.index wrote: | | ajit602 wrote: | | Any body could took the position. As crossover high was 8480. And market took off to 8500. |
5/200 Bullish crossover happened now @ 11.30 am candle. Candle high is 5303 so trigger is 5404 spot.[/q
Buy triggered |
Pls correct 8504. Buy triggered. |
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