Quadra Safe Trading Strategy - I

Gail EMA 50 is flat/tilting downwards, then how come buy active on 14/06/2012?

Some of the scrips in the list posted by Anant where he has mentioned EMA flat/within WMA's/downward since last 3 days you posted buy in your charts. Any reason? (GVKPIL, LICHSGFIN)

Sunil
 

SavantGarde

Well-Known Member
Gail EMA 50 is flat/tilting downwards, then how come buy active on 14/06/2012?

Some of the scrips in the list posted by Anant where he has mentioned EMA flat/within WMA's/downward since last 3 days you posted buy in your charts. Any reason? (GVKPIL, LICHSGFIN)

Sunil
GAIL was posted on 13/06/2012 and it became active on 14/06/2012... please check the chart posted on 13/06/2012

Among the Triggers of 15/06/2012, only 5 have been shortlisted for buying and the charts have been posted GVKPIL, 50-EMA had an upward tilt which flattened out because of the big red bar of the 15th.... if the Buy triggers on Monday...then upward tilt maybe visible on Monday's chart....!!!


SG
 
GAIL was posted on 13/06/2012 and it became active on 14/06/2012... please check the chart posted on 13/06/2012

Among the Triggers of 15/06/2012, only 5 have been shortlisted for buying and the charts have been posted GVKPIL, 50-EMA had an upward tilt which flattened out because of the big red bar of the 15th.... if the Buy triggers on Monday...then upward tilt maybe visible on Monday's chart....!!!


SG
That means buy on the same candle where EMA get tilted upwards?

Sunil
 
This is my first post in this thread, have been following it religiously for the past 2 weeks and what a great education it has been. Thanks a million to Savantgarde for guiding novices like me.

By the way being new to charting and technical analysis (just started with the trial version of Amibroker), put all my effort today to study the charts of DABUR which i think is giving a clear buy signal under the QST strategy, Am I right?
 

SavantGarde

Well-Known Member
This is my first post in this thread, have been following it religiously for the past 2 weeks and what a great education it has been. Thanks a million to Savantgarde for guiding novices like me.

By the way being new to charting and technical analysis (just started with the trial version of Amibroker), put all my effort today to study the charts of DABUR which i think is giving a clear buy signal under the QST strategy, Am I right?


Did get a Trigger on the Candle that is marked on the chart.... but the candle was too huge to initiate a Buy....It is better and safer to initiate a buy on retracement if the Buying conditions are fulfilled....!!!

There were some others with even a bigger candle than the one seen in the Dabur chart....it is always best to avoid such Triggers... and buy only when the price reverts to mean....!!!


SG
 

Similar threads