Linkon,
Are u trading this system live?
I have seen your thread of 70-1030 ema too and now this one....Ur options strategies too are posted....
Hw is ur exp with these ema systems? do u trade them regularly live?
Happy Trading
Are u trading this system live?
I have seen your thread of 70-1030 ema too and now this one....Ur options strategies too are posted....
Hw is ur exp with these ema systems? do u trade them regularly live?
Happy Trading
I am in the process of discovering my comfort factor with a system. I have field tested about 6-9 systems so far. basically mix and match of various systems and trying to keep it as simple as possible.
so far my experience with ema is as follows,
70-1030 ema is positional. I plan to use it to buy options and hold on till the next cross comes and reverse positions.
34 ema of the high and the low (instead of the close ) forms a nice band and that can be used successfully for entry. I have incorporated that into my trading system already.
5,8,13,21,34,55,89 ema plotted together gives a very good feel of the market.
89 ema seems to act as the trend decider in a 1 min chart.
guppy moving average is the best for deciding the trend.
ultimately, i find positional nifty with a short straddle as hedge as my most reliable system so far. Its the only strategy i am very comfortable with so far.