Karthik's EOD Strategy...

[rangarajan]

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Hi rangarajan,

I am not sure whether you are referring to actual RELIANCE CHART with Quadra or only to the triggers posted by me. Let me clarify the case of RELIANCE:

As per Standard Quadra, the Buy was triggered on 5-12-12 with trade taking place on 6-12-12 (Buy above 837.20) and hitting SL on 21-12-12. No re-entry so far.

Quadra AWS gave Buy trigger on 21-11-12 with trigger price of 793.45 which happened on 29-11-12and hit TSL on 11-12-12. Now a Re-entry is triggered on 28-12 with trigger price of 850.

The new system which I am studying, gave Buy trigger on 27-11-12, trade taking place on 28-11-12. It gave Sell trigger on 24-12-12 and Re-entry trigger on 28-12-12 with trigger price of 850.

Karthik's EOD method gave Buy trigger on 29-11-12, Exit on 13-12-12 and Sell on 24-12-12. It has now given Buy trigger on 28-12-12.

-Anant

Anant,
I am ref to the trigger posted by u.
As per Karthik,till now No exit triggered & chart posted.(neither ADX cross nor 3ema not touch)

However,when we combine with Quadra Exit,the previous Pivot Low was s/l & got triggered on 21/12. Pl c chart.

For Reentry,my rule is when +D1 is above-D1 & the 3ema croses over 10ema from below after s/l trigger,wait for Filter candle to form.

What i want to Impress is:
Combining the Two,more profitable trades could be achieved.
1)For entry take Karthik with Filter as suggested by u in Quadra.
2)Exit s/l,either Karthik or Quadra pivot,whichever comes Early.
3)Reentry,take karthik with my Rule since there is No scope for Subjective like Quadra.
ie Parameters r defined for reentry.

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[anup]

Hi RR.. Can you please post entire entry, exit and SL method...Please describe

 

[rangarajan]

Ref: Bajajhldng

Anant,
For bajaj, as posted by u ,Quadra AWS has generated trigger if closes above 1019.

But,as per karthik,the Exit was on 20/12 as per 3ema rule.

Since then,3ema has Not crossed below 10ema.
Hence,as per what i had posted previously,there is No reentry,until & Unless 3ema comes down & again crosses up 10ema from Below to form Trig candle & then Filter.

Let us c how trading unfolds in the coming days.

 

[asnavale]

Ref: Bajajhldng

Anant,
For bajaj, as posted by u ,Quadra AWS has generated trigger if closes above 1019.

But,as per karthik,the Exit was on 20/12 as per 3ema rule.

Since then,3ema has Not crossed below 10ema.
Hence,as per what i had posted previously,there is No reentry,until & Unless 3ema comes down & again crosses up 10ema from Below to form Trig candle & then Filter.

Let us c how trading unfolds in the coming days.

Hi Rangarajan,

As I have informed, I am on tour, and noot in a osition to post or verify chharts. After my return I will go through the charts and understand your point. I am posting from my mobile.

Regards

-Anant

 

[anup]

RR, plz post your combined strategy for entry,exit and SL

 

[anup]

Can anybody look at L&T charts, giving sell signal if closed below 1608???

 

[karthik_sri]

Ref: Bajajhldng

Anant,
For bajaj, as posted by u ,Quadra AWS has generated trigger if closes above 1019.

But,as per karthik,the Exit was on 20/12 as per 3ema rule.

Since then,3ema has Not crossed below 10ema.
Hence,as per what i had posted previously,there is No reentry,until & Unless 3ema comes down & again crosses up 10ema from Below to form Trig candle & then Filter.

Let us c how trading unfolds in the coming days.

Just to share my views as per my chart!

The exit on BAJAJHLDNG trigerred on 19.12.12 as the price was not touching 3EMA and eventually we will be selling our stock on 20th.

The Re-Entry trigerred on 28.12.12 with the price touching 10EMA and closing above 3EMA and ADX in line with showing +DI > -DI

Observation: :!When the price don't touch 3EMA it signals me that price will Retrace to 10EMA and bounce back or the Trend is going to END either one is possible! Let me check

http://i.imgur.com/8y6vH.png

Karthik

 

[karthik_sri]

Can anybody look at L&T charts, giving sell signal if closed below 1608???

Anup,
The candle tells me neither Bull nor the Bear win as the candle is like + which means the scrip is in undecision way! This is just to share my view and nothing related to this EMA strategy.

According to this strategy, the L&T is in retracement area or in re-entry zone as price touched 10EMA. To confirm and initiate sell the price should close below 3EMA and ADX should indicate negative (-DI > +DI)!

Wait for the trading day close of 31st Dec'12 to take a call!

 

[anup]

Anup,
The candle tells me neither Bull nor the Bear win as the candle is like + which means the scrip is in undecision way! This is just to share my view and nothing related to this EMA strategy.

According to this strategy, the L&T is in retracement area or in re-entry zone as price touched 10EMA. To confirm and initiate sell the price should close below 3EMA and ADX should indicate negative (-DI > +DI)!

Wait for the trading day close of 31st Dec'12 to take a call!

ok..thanks.. and what abt mahindra and mahindra... a sell has been generated, i am sure (atleast this time my analysis wont go wrong)

 

[karthik_sri]

ok..thanks.. and what abt mahindra and mahindra... a sell has been generated, i am sure (atleast this time my analysis wont go wrong)

Yes...M&M met the condition on 27.12.12 and short sell should have been initiated on 28.12.12.