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The Simplest Way-750 Point PM |
forexmoney
Yellow Belt
Joined: 19 Oct 2011
Posts: 851
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Post: #106  Posted: Tue Jan 03, 2012 2:15 pm Post subject: |
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| nakum,now wat is ths sl,also should i wait up to sl or signal reversal?
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nakum
Brown Belt
Joined: 10 Jan 2008
Posts: 2252
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| Post: #107 Posted: Tue Jan 03, 2012 2:23 pm Post subject: |
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| SL is 25 point @ 4772
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forexmoney
Yellow Belt
Joined: 19 Oct 2011
Posts: 851
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| Post: #108 Posted: Tue Jan 03, 2012 2:26 pm Post subject: |
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| now it has given buy signal at 4751
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forexmoney
Yellow Belt
Joined: 19 Oct 2011
Posts: 851
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| Post: #109 Posted: Tue Jan 03, 2012 2:35 pm Post subject: |
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booked profits at 4771,
profit of +20 points
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nakum
Brown Belt
Joined: 10 Jan 2008
Posts: 2252
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| Post: #110 Posted: Tue Jan 03, 2012 2:41 pm Post subject: |
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signal reverse @ 4753
SL which condition apply when signal not change
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forexmoney
Yellow Belt
Joined: 19 Oct 2011
Posts: 851
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| Post: #111 Posted: Tue Jan 03, 2012 2:47 pm Post subject: |
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| hi nakum,signal changed near 4751-4753 tats y i exited my shorts and bot nifty again for a tgt of nearly 25 points.....
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nakum
Brown Belt
Joined: 10 Jan 2008
Posts: 2252
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| Post: #112 Posted: Tue Jan 03, 2012 2:51 pm Post subject: |
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| forexmoney wrote: | | hi nakum,signal changed near 4751-4753 tats y i exited my shorts and bot nifty again for a tgt of nearly 25 points..... |
yes forex this is right trade
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nakum
Brown Belt
Joined: 10 Jan 2008
Posts: 2252
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| Post: #113 Posted: Tue Jan 03, 2012 3:00 pm Post subject: |
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after today's trade one more modification needed
switch 3min time frame to 4min time frame
give your suggestion forex & all
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forexmoney
Yellow Belt
Joined: 19 Oct 2011
Posts: 851
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| Post: #114 Posted: Tue Jan 03, 2012 3:05 pm Post subject: |
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hi nakum,well i traded only in 4 min tf,pls du add 4 mn tf in ur strategy....
lets work together as we used tu du,lets work together fm tom,...
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forexmoney
Yellow Belt
Joined: 19 Oct 2011
Posts: 851
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| Post: #115 Posted: Tue Jan 03, 2012 3:07 pm Post subject: |
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nakum,
pls tell me :why did u decided tu select wma instead of dma and also why did u wait up to sl if signal reverse?
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nakum
Brown Belt
Joined: 10 Jan 2008
Posts: 2252
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| Post: #116 Posted: Tue Jan 03, 2012 3:25 pm Post subject: |
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| forexmoney wrote: | nakum,
pls tell me :why did u decided tu select wma instead of dma and also why did u wait up to sl if signal reverse? |
Dear Forex
a) for less whipsaw & confusion I select wma10
b) when signal reverse no need to wait to SL trigger
Today's trade I also square up my short and go long @ 4753
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nakum
Brown Belt
Joined: 10 Jan 2008
Posts: 2252
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| Post: #117 Posted: Tue Jan 03, 2012 3:58 pm Post subject: |
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today's trade
1st trade sold @ 4747 bought @ 4753 net -6 point
2nd trade bought @ 4753 sold @ 4777 net +24 point
total profit +18 point in 2 trade
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amitvjog
White Belt
Joined: 21 Mar 2011
Posts: 80
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| Post: #118 Posted: Tue Jan 03, 2012 4:12 pm Post subject: WMA strategy for CarryFwd/Psotional Trading |
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Dear Nakum,
I have done slight tuning with your strategy and it seems to be useful for Positional Calls also; If used WMA 13 and EMA8.
Whenever EMA8 crosses WMA13 and same day closing or next day opening is above (in case of uptrend) /below (in case of downtrend)
WMA 13, then we can ride the position till price again crosses WMA 13 on closing basis.
My opinion is for exit, One should be refer to DMI/MACD/RSI for confirming any signs of reversal.
Its great if someone suggest or fine tune this even to the better level.
Amit Jog
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mpgramesh
White Belt
Joined: 13 Dec 2011
Posts: 79
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| Post: #119 Posted: Tue Jan 03, 2012 4:49 pm Post subject: |
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| nakum wrote: | Dear forex
we see every day only 3 min. time frame in nifty spot and for conformation see nifty future
for detail plz read starting page |
sir, you trade in cash market or future market? ( if cash, then qty please, if in future market then how many lots?)
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nakum
Brown Belt
Joined: 10 Jan 2008
Posts: 2252
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| Post: #120 Posted: Tue Jan 03, 2012 6:48 pm Post subject: |
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| mpgramesh wrote: | | nakum wrote: | Dear forex
we see every day only 3 min. time frame in nifty spot and for conformation see nifty future
for detail plz read starting page |
sir, you trade in cash market or future market? ( if cash, then qty please, if in future market then how many lots?) |
Dear Ramesh
I am trading in future mkt and my qunt.is nifty 1 lot in jan series
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