| View previous topic :: View next topic |
| Author |
SH 30 minutes swinging yorker method - Nifty (Alchemist) |
amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
|
Post: #496  Posted: Thu Dec 03, 2015 4:11 pm Post subject: |
 |
|
Yes taken the trade ( if reversal happens again that shall be magnificent to go long)
System rocks |
|
| Back to top |
|
 |
|
|
|
yashrahul
Yellow Belt
Joined: 29 Jun 2013
Posts: 512
|
| Post: #497 Posted: Thu Dec 03, 2015 8:29 pm Post subject: |
|
|
| perfectly said...Your system rocks...waiting for add ons in january to your system...Alchemist Sir... |
|
| Back to top |
|
|
lotus1810
White Belt
Joined: 26 Sep 2014
Posts: 60
|
| Post: #498 Posted: Fri Dec 04, 2015 9:15 am Post subject: Already Awesome PROCESS need Updates on Optimisation |
|
|
 Right on Target and is in bearish zone till major SUPPORT zone of 7765 in SPOT --- which is the last Reversal 7765 pt aggressive on 19-11-15 and 27-11-15 as per your safe entry.
Pls let us know the target and sl now for this Yorker reversal zone
 appreciate your reply in advance
thanks |
|
| Back to top |
|
|
Alchemist
Yellow Belt
Joined: 09 Aug 2010
Posts: 853
|
| Post: #499 Posted: Thu Dec 10, 2015 10:39 am Post subject: |
|
|
| Alchemist wrote: | mkts reversed and gave bearish Yorker today for both nifty and banknifty before days close.
Cheers
SH |
NF now in 250 points profit and BNF in around 500 points profit. I have taken 75% off the table now by partial booking/hedging in both.
ADDs were given at 7835 & 7840 (twice) SL 7860, booked out completely by me at 7720 as it was giving 1:6 RR
Cheers
SH |
|
| Back to top |
|
|
Alchemist
Yellow Belt
Joined: 09 Aug 2010
Posts: 853
|
| Post: #500 Posted: Tue Dec 15, 2015 3:47 pm Post subject: |
|
|
ADD 3 short was at 7700 SL 7725, fully booked at 7600.
ADD 4 short was at 7670 SL 7699 ... TSL hit.
Yorker shorts from 7900 and exited today fully 7700 at 5/34 cross exit.
Cheers
SH |
|
| Back to top |
|
|
hmpatil
White Belt
Joined: 15 Jun 2011
Posts: 59
|
| Post: #501 Posted: Wed Dec 16, 2015 10:02 pm Post subject: |
|
|
| Can any amibroker expert prepare afl for this wonderful yorker strategy.? |
|
| Back to top |
|
|
EssJay
White Belt
Joined: 05 Sep 2012
Posts: 270
|
| Post: #502 Posted: Thu Dec 17, 2015 8:11 am Post subject: |
|
|
| Has the bullish crossover happened yesterday? |
|
| Back to top |
|
|
Alchemist
Yellow Belt
Joined: 09 Aug 2010
Posts: 853
|
| Post: #503 Posted: Thu Dec 17, 2015 10:03 pm Post subject: |
|
|
Bullish crossover happened yesterday however high of the candle was not breached hence no longs triggered yesterday.
Today, at 2 PM, another bullish crossover happened and next candle broke the high of 2 PM candle triggering yorker longs today at NF 7816
Cheers
SH |
|
| Back to top |
|
|
TSANNIDI
White Belt
Joined: 25 Jan 2012
Posts: 3
|
| Post: #504 Posted: Wed Dec 23, 2015 6:40 pm Post subject: Yorker Method for other than NIFTY SPOT |
|
|
It said that we will book 50 points in NIFTY on half of the lots and manage the trade till bearish C/O happens.
What would be principle for BNF and othe individuals like BATA, TCS etc on booking profit on first 50 % of LOTs.
Thanks |
|
| Back to top |
|
|
msathish121
White Belt
Joined: 05 Apr 2013
Posts: 1
|
| Post: #505 Posted: Thu Dec 24, 2015 1:59 pm Post subject: Rules for Yorker |
|
|
Thank you Alchemist for sharing this Strategy.Just could not find all the rules in one place. So just posting the same. Seniors and Alchemist please add if i have missed out if any.
Rules :
1. Nifty SPOT chart, put 5 EMA and 200 EMA on 30 minutes charts
2. bullish crossover of EMA means buy nifty future ... bearish crossover means SELL . Do not enter on Candle close wait for High/ Low of Entry candle to be taken out for entry.
3. Trade management : every trade is 2 lots ... book 50% when you get 100 points profit once the trade is entered ..second lot keep running until signal reverses ! simple enough
4. Just enter trade when 30 minutes candle closes and cross is confirmed (Nifty Spot chart).
Trailing SL rule to lock in profits
To lock in profits, use 5/34 EMA bearish crossover to exit the longs. To re-enter, use 5/34 EMA bullish crossover again keeping the recent low as the new TSL. This is provided that 5EMA is above 34 as well as 200 EMA.
Gap Rules :
IF we have a gap up in favour of our longs : Wait for first 30 minute candle to form (first 15 mins on Icharts) . Close longs if lows of first candle on 30 mins TF is breached on nifty spot and book 100% profits. Buy again only above days highs.
If we have a gap down against our longs : Wait for first 30 minute candle to form (first 15 mins on Icharts). Exit longs and book any profit or loss if Nifty breaches first candle's lows. Buy back only above days highs (assuming 5/34 exit signal has not come yet). If 5/34 bearish cross has also happened... no trade until 5/34 bullish cross has happened.
Rules to manage gap ups/downs if Yorker is Bearish
IF we have a gap down in in favour of our shorts : Wait for first 30 minute candle to form (first 15 mins on Icharts) . Close shorts if highs of first candle on 30 mins TF is breached on nifty spot and book 100% profits. Sell again only below days lows.
If we have a gap up against our shorts : Wait for first 30 minute candle to form (first 15 mins on Icharts). Exit shorts and book any profit or loss if Nifty breaches first candle's highs. Sell again only below days lows (assuming 5/34 exit signal has not come yet). If 5/34 bullish cross has also happened... no trade until 5/34 bearish cross has happened. |
|
| Back to top |
|
|
Alchemist
Yellow Belt
Joined: 09 Aug 2010
Posts: 853
|
| Post: #506 Posted: Tue Dec 29, 2015 7:03 pm Post subject: |
|
|
| Alchemist wrote: | Bullish crossover happened yesterday however high of the candle was not breached hence no longs triggered yesterday.
Today, at 2 PM, another bullish crossover happened and next candle broke the high of 2 PM candle triggering yorker longs today at NF 7816
Cheers
SH |
Today NF closed at around 7939 so trade is in around 120+ points profit. 50% lots should have been booked by now at 100 points profit.
Cheers
SH |
|
| Back to top |
|
|
simply.index
White Belt
Joined: 28 Jun 2014
Posts: 158
|
| Post: #507 Posted: Fri Jan 01, 2016 1:38 pm Post subject: |
|
|
| In bnf, 5 ema(16871) very close to 200 ema(16860). Keep an eye for a possible trade. |
|
| Back to top |
|
|
simply.index
White Belt
Joined: 28 Jun 2014
Posts: 158
|
| Post: #508 Posted: Fri Jan 01, 2016 2:04 pm Post subject: |
|
|
| simply.index wrote: | | In bnf, 5 ema(16871) very close to 200 ema(16860). Keep an eye for a possible trade. |
Didnt cross, took a U turn with a big green candle( Trigger for long is candle high of 17054). |
|
| Back to top |
|
|
grshnehete
White Belt
Joined: 15 Sep 2015
Posts: 69
|
| Post: #509 Posted: Fri Jan 01, 2016 7:22 pm Post subject: |
|
|
| simply.index wrote: | | simply.index wrote: | | In bnf, 5 ema(16871) very close to 200 ema(16860). Keep an eye for a possible trade. |
Didnt cross, took a U turn with a big green candle( Trigger for long is candle high of 17054). |
17054 breached on next candle(long triggered) |
|
| Back to top |
|
|
Alchemist
Yellow Belt
Joined: 09 Aug 2010
Posts: 853
|
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
