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Won Zerodha 60 Day Challenge -Thanks to I-Charts and Zerodha |
Shahii White Belt
Joined: 15 Apr 2011 Posts: 46
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Post: #46 Posted: Thu Jul 25, 2013 6:28 pm Post subject: |
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vinay28 wrote: | "Always wait for the ema's to catch up , i.e 8ema on 15tf to short or long accordingly..."
you mean they touching? |
Yes. Exactly.
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #47 Posted: Thu Jul 25, 2013 6:50 pm Post subject: |
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Shahii wrote: | vinay28 wrote: | "Always wait for the ema's to catch up , i.e 8ema on 15tf to short or long accordingly..."
you mean they touching? |
Yes. Exactly. |
pl elaborate, preferably with a chart as an example
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ajit602 White Belt
Joined: 11 Sep 2012 Posts: 370
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Post: #48 Posted: Fri Jul 26, 2013 9:30 am Post subject: |
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Shahii wrote: | vinay28 wrote: | "Always wait for the ema's to catch up , i.e 8ema on 15tf to short or long accordingly..."
you mean they touching? |
Yes. Exactly. |
shahii sir, you mean to say that you follow 8 EMA and 34EMA cross over with 15 minute time frame. please tell your strategy with the help of chart.
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shankaar10 Black Belt
Joined: 01 Apr 2012 Posts: 2739
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Post: #49 Posted: Fri Jul 26, 2013 1:09 pm Post subject: |
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pawan shaii, congratulations!!
Your journey in to the market and winning over emotional barriors quite inspiring and your trading methods for sure will help others.
be blessed with love and joy.
parray shankaar
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Shahii White Belt
Joined: 15 Apr 2011 Posts: 46
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Post: #50 Posted: Fri Jul 26, 2013 1:22 pm Post subject: |
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ajit602 wrote: | Shahii wrote: | vinay28 wrote: | "Always wait for the ema's to catch up , i.e 8ema on 15tf to short or long accordingly..."
you mean they touching? |
Yes. Exactly. |
shahii sir, you mean to say that you follow 8 EMA and 34EMA cross over with 15 minute time frame. please tell your strategy with the help of chart. |
Sir, As I said that don't over analyse these rules. I didn't say the crossover. what I said was when market opens very High or low, around 70-80 points.. where all the emas are left behind by big gap.. Let market consolidates and EMA catch up(or say price touch)..Wait for next 5tf candle to take previous candle's High/Low(After touching 8/13ema on 5tf, lets say).. and now taking long/Short is comparatively safer after huge gap up/down with recent low/High as stop.
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druzva White Belt
Joined: 26 Oct 2010 Posts: 47
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Post: #51 Posted: Sat Jul 27, 2013 11:40 am Post subject: |
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Shahi Congratulation Sir
Also your given below explanations will help new trader like me in big way. Keep helping and enlightening new guys like me. Thanks again
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XUV 500 White Belt
Joined: 24 Oct 2012 Posts: 20
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Post: #52 Posted: Sun Jul 28, 2013 10:27 am Post subject: |
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Shahii sir,
i read re-read ur 23 pointer.
Will be better if u can explain some points with attached chart markings ( even if stale charts)
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Shahii White Belt
Joined: 15 Apr 2011 Posts: 46
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Post: #53 Posted: Sun Jul 28, 2013 9:29 pm Post subject: |
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ok.. for 23 point explanation, see 28th June gap up example when nifty gapped up 100 points.. I already made a note in 23 rd point that for such scenario - Wait for emas to catch up atleast 8ema on 5tf price. It touched and then rallied another 90 points from there. Attaching the chart.
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XUV 500 White Belt
Joined: 24 Oct 2012 Posts: 20
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Post: #54 Posted: Tue Jul 30, 2013 8:03 am Post subject: |
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Thanks Shahii sir...will post next query which i was unable to understand.
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The game White Belt
Joined: 04 Mar 2011 Posts: 46
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Post: #55 Posted: Mon Aug 05, 2013 7:59 pm Post subject: |
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Class started ... Oh, am I late ?
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XUV 500 White Belt
Joined: 24 Oct 2012 Posts: 20
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Post: #56 Posted: Mon Aug 05, 2013 8:50 pm Post subject: |
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The game wrote: | Class started ... Oh, am I late ? |
Not really...on weekend i was busy.Hence Shahi was spared
You can join anytime .
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mariner White Belt
Joined: 06 Nov 2009 Posts: 17
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Post: #57 Posted: Sat Nov 02, 2013 9:44 am Post subject: |
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Hi Pawan
I am very happy to see ur sucess. many congratulations to you.
Your example gave a much needed motivational boost to my trading career.
Wish you good luck for your future trading.
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