Learning Group -VIJAYWADA

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praveen taneja

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My Positional Trading System Based on EOD

I NAMED IT " C R M S TRADE SYSTEM "

Trading chart set up:

1. I use " Price Action Trading " with "Exponential Moving Averages " ,
Which is Fibonacci Numbers
EMA 21 , EMA 55 AND ALSO NON FIBONACCI NUMBER EMA 100

in my chart
2.I will not use any Indicators with out EMA s

3.I will use "Swing Trading" and main emphasis given to swing Trading

4.And i also use " Trend Line Break Out " and "Pattern Trading"

5.In swing "Bullish Engulfing , Bearish Engulfing , Pin Bar , Hammer , Reverse Hammer " is the additional importance will be given

my main intention is trade system should be " Easy ,Understandable , with Simple Rules , and also Less rules " (EUSL )
i always use to trade any 2 combination or any 3 combinations like trendline break out with EMA Break out or Swing Break Out with EMA Break Out

It may also got limitations but i am using this trading system , it is also hit stop losses for that i am giving money management rules in next posts

Bro I see eod charts so which chart you say is good for me 3 mnth 6 mnth yearly???
and one more thing daily or weekly thnx in advance Jai Ram Ji KI
 

praveen taneja

Well-Known Member
If I am not wrong 280 (+/-3 points ) should act as support.
Quiet interesting, Let's see the outcome. :thumb:
Bro Typo:p:p:p:p:p

below 480 support is 460 so good room and profit sell off of today shaken all put writers of 7800 short covering still pending another spike possible in days to come:)
 

praveen taneja

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:confused::confused::confused::confused:
16 point sl for the sake of 16 point is not good better exit when goes below 160 something is better that comes as profit instead of loss:) Thnx bro God bless us all Jai Ram Ji Ki
If Escorts crosses 167-168 levels there is a chance to go further , Its present range is 135-167


If you put stop loss 147 (depend upon risk apatite ).....:)
Thank you bro for timely alert Today when I saw escorts crying to cross 164 I booked at 163.70 and sign out now saw it tanked to 157 would wait for 147-142 range to enter again thnx bro God bless us all Jai Ram Ji Ki:):thumb:
 

XRAY27

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If I am not wrong 480 (+/-3 points ) should act as support.
Quiet interesting, Let's see the outcome. :thumb:
Ramakant ji...yes testing some outcomes of PA..let us see:):)
 

XRAY27

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