Maximize profit using SH's strategy

[timepass]

Today we had a very confusion day.

At open we had a 15 ema touch with bearish candle & then next candle breaked low of previous candle, so TSL became 5209 which was hit by 2:00 PM candle.
And then 2:30 bearish candle closed below 15 ema & next candle breaked below previous low with SL as 5312.

As today was expiry we need to now look @ Spot instead of Future.
So Spot SAR is 5336 & SL is same 5312.

Correct me if i am wrong.

315

That's typical of expiry days .. whipsaws all around.

By the way, what's 30min GFZ as per nifty spot ??

 

[trade4joisar]

That's typical of expiry days .. whipsaws all around.

By the way, what's 30min GFZ as per nifty spot ??

Nifty Spot
30 mins: 5120 - 5276
15 ema = 5198

 

[gunsho]

As today was expiry we need to now look @ Spot instead of Future.

Curious to know, if it make sense to look at next month future instead of spot? Generally when we continue the positions/strategy we do rollover on expiry day right? Thanks.

 

[trade4joisar]

Curious to know, if it make sense to look at next month future instead of spot? Generally when we continue the positions/strategy we do rollover on expiry day right? Thanks.

Yes, on expiry date.

 

[trade4joisar]

GFZ
30 mins: 5136 - 5293

Daily: 4945 - 5576

SST
Made low of 5169 & SL hit. Still Nifty Spot 5235 is bear SAR.

315
3 ema = 5220
15 ema = 5250

With saturday short session, 2 days 3 ema was consecutively on opposite side. So as per rule we should exit from short.

Still weekly & monthly chart is not updated with saturday, so not sure about the same.

 

[timepass]

Nifty (spot).. monthly is bearish while the weekly is bullish, not not very much so.. inconclusive.

 

[trade4joisar]

Nifty (spot).. monthly is bearish while the weekly is bullish, not not very much so.. inconclusive.

Only difference here is, we are looking @ spot & not future. And for monthly, 1 day is still left.

Let see.

 

[ambarish123]

how to plot GFZ in TT

 

[trade4joisar]

how to plot GFZ in TT

I think TP is also using TT & GFZ plotting is not available.

 

[timepass]

how to plot GFZ in TT

I think TP is also using TT & GFZ plotting is not available.

That's right. MA Envelopes are not available in TT.. The question has been asked and been answered so very often in this thread that I felt too lazy to answer