Quadra Safe Trading Strategy - I

[SavantGarde]

Yes, of course. But it is a very lagging system, the trend may not have much more left in it after T1.

Not true... in 20/50 it has given more than 6 targets and not once several times across different scrips.... one can find it in Chapter-II when Uma was tracking and keeping me updated about the Triggers....!!!

SG

 

[abhi_neth]

NF EOD 22-06-2012

BNF EOD 22-06-2012

SG

SG, Can we trail SL to 19th low in Banknifty as per the system?

 

[summasumma]

NF EOD 22-06-2012

BNF EOD 22-06-2012

SG

Hi SG,

Why not the initial-SL for the nifty trade taken now(on 18th [email protected]) is NOT the low of 12th June candle low?
11th june low - 5034.5
12th june low - 5022
13th june low - 5090.65

So 12th june is recent swing low before the entry candle, correct?

Thanks,
...summasumma

 

[asnavale]

Hi Abhi,

Perhaps not the value but tilt maybe affected...not sure...!!!

Dont know if there would be any difference.....think Anant would be able to answer it with lot more certainty....not sure why LVG gets the trigger earlier, system through scanning/exploration can reduce work for us but visual confirmation is extremely important... now that I have been scanning equities for a little over 2 weeks....we get Triggers also because some scrip has jumped up by 10 percent... now that would not make sense to jump into something which moved up so big... for instance yesterday we WYETH as one of the Triggers.... looking at the huge candle that it did today.... I would be tempted to book profit....this where experience can override a system....!!!

SG

Yes, Logarithmic scale reduces the visible tilt, though in terms of true value it is same as linear value. For example, if the price jumps from 10 to 15 it is 50% jump in linear terms but only 17% in logarithmic scale. Therefore, an acceptable tilt in linear scale may appear as flat in logarithmic.

-Anant

 

[asnavale]

Some of the Buy triggers Today(22-06-2012)

----------------------------------------------------------------------------------------------
|STOCK SYMBOL | COMMENTS                                                                     |
|-------------|------------------------------------------------------------------------------|
| BAJAJHIND   | Green candle,EMA50 flat                                                      |
| CADILAHC    | Green candle                                                                 |
| DISHTV      | Red candle,EMA50 flat                                                        |
| EKC         | Red candle,EMA50 flat                                                        |
| IBREALEST   | Green candle,EMA50 flat                                                      |
| IFCI        | Green candle,EMA50 uppish                                                    |
| INDIACEM    | Green candle,goes below all the Mas                                          |
| IPCALAB     | Green candle,goes below all Mas                                              |
| IVRCLINFRA  | Green candle                                                                 |
| JSWSTEEL    | Red candle,EMA50 slightly downwards                                          |
| MARICO      | Red candle                                                                   |
| MVL         | Green candle,EMA50 downwards                                                 |
| RPOWER      | Green candle                                                                 |
| SWARAJENG   | EMA50 inside,Long red candle                                                 |
| TRIVENI     | Long green candle                                                            |
| USHAMART    | Green candle                                                                 |
----------------------------------------------------------------------------------------------

-Anant

 

[SavantGarde]

Hi SG,

Why not the initial-SL for the nifty trade taken now(on 18th [email protected]) is NOT the low of 12th June candle low?
11th june low - 5034.5
12th june low - 5022
13th june low - 5090.65

So 12th june is recent swing low before the entry candle, correct?

Thanks,
...summasumma

Hi Suma,

Reason for the Initial S/L further down the line was....

a) Gap not considering the lower wick
b) It is always advisable to keep the Initial S/L when a trend is starting at the recent Lowest Swing Low

Initial S/L at recent Lowest Low has been mentioned in the beginning...once in the trend and our trade gets taken out with TSLs.... then one can keep immediate Swing Low as Initial S/L for Re-entry....!!!

SG

 

[SavantGarde]

SG, Can we trail SL to 19th low in Banknifty as per the system?

Hi Abhi,

Yes one can trail the BNF with 19th Low + the lower wick size of 18th deducted from the Low of 19th as a filter ....!!!

Lower wick of 18th is 57.25 points
Low of 19th is 9584.30
Therefore 9584.30-57.25=9527.05 would be ideal...!!!

SG

 

[Satyen]

Hi Suma,

Reason for the Initial S/L further down the line was....

a) Gap not considering the lower wick
b) It is always advisable to keep the Initial S/L when a trend is starting at the recent Lowest Swing Low

Initial S/L at recent Lowest Low has been mentioned in the beginning...once in the trend and our trade gets taken out with TSLs.... then one can keep immediate Swing Low as Initial S/L for Re-entry....!!!

SG

Hi Abhi,

Yes one can trail the BNF with 19th Low + the lower wick size of 18th deducted from the Low of 19th as a filter ....!!!

Lower wick of 18th is 57.25 points
Low of 19th is 9584.30
Therefore 9584.30-57.25=9527.05 would be ideal...!!!

SG

Hi SG Sir ....

Initially we thought 3 bar swing low is initial SL .... now this is new things ... not getting it clearly ....

 

[SavantGarde]

SG

 

[SavantGarde]

All updates after initial trigger shall be posted in Chapter-II....!!!

Previous Triggers are already updated...!!!

http://www.traderji.com/equities/29292-stocks-keep-close-eye-chapter-ii.html

SG