Quadra Safe Trading Strategy - I

[timepass]

Sunny...Here is the Chart....should be easy to understand....!!!
SG

So does Nifty

 

[SavantGarde]

So does Nifty

Yes TP...noticed the Longer lower wick on Nifty....but DBSB.... System is going through tweaks.... will post as soon as I have everything worked out...

 

[ayush2020]

So does Nifty

ye longer lower wick ?? how u identified ??

SG sir ye DB AND SB ??

 

[SavantGarde]

Ayush...it's another topic for another thread...when it starts you will see it.....to you I will send the link personally...

ye longer lower wick ?? how u identified ??

SG sir ye DB AND SB ??

 

[asnavale]

Hi TP,

Kavima & Anant are qualified to comment on Intraday Trading....!!! Anant did trade SBI live today on 15 min TF will let him....comment on his experience.....!!!

As far as Nifty & Futures go it can be traded with this strategy.... one of the earlier charts I had posted was 1 min. of SBIN and I forget which was the 15 min Chart...!!!

About Options ...can't comment unless I see the chart....will try and get hold of Data and see if it works with Quadra...!!!

SG

Hi,

Here is my Live Trade with Qudra Trading System. I have entered Long in SBIN. The various steps I considered are shown in the chart below.

I used 15 min Timeframe. A Buy signal was triggered on the 10:15-10:30 candle which made a high of 2128.90. Therefore, the long entry is taken if next candle goes above 2128.90. But no candle after 10:30 broke the high. Therefore I did not enter Long.

Later another BUY was triggered by the 13:45-14:00 candle which made a high of 2134.90. the next candle went higher than this price and I placed a BUY order and bought 1 Lot SBIN APR Futures @ 2130.50. The initial SL was below the 13:00-13:15 candle which made a low of 2109.75.

The next candle (14:15-14:30) went down below my entry price and nearly touched the Wilders MA13. I panicked a bit but as the EMA50 was in favor of up move, I did not exit. Later the StopLoss was moved below the low of this candle (2109.75).

Thereafter the price went up and up and the final candle closed @ 2165.15

In the end, I am holding the Long position with a profit of Rs. 34.65 (2165.15 - 2130.50) per share which is 4331.25 per lot (Brokerage etc. not dedudted).

What Next:

The last candle of the day (15 min TF) has closed almost at the mid point of High & Low. The open and Close are very close, close a shade higher. This means the Bulls and Bears are almost equally strong. Tomorrow this equilibrium may continue for some time and depending on the winner, the move will follow. AS all the MAs are still upwards, upmove would continue.

Let us watch and enjoy.

-Anant

 

[timepass]

ye longer lower wick ?? how u identified ??

SG sir ye DB AND SB ??

Check my notes for pinbar.

Click here for the thread by Nehal on pinbar.

 

[asnavale]

Sunny...Here is the Chart....should be easy to understand....!!!

SG

In addition, the EMA 50 is inside the cluster of the three MAs. So, down move will be in doubt till it comes out of the cluster.

-Anant

 

[SavantGarde]

Hi Anant,

I am glad the first BUY didn't trigger......it was incorrect place ......because the the 50-EMA is sloping downwards....

Second BUY which triggered was perfect....since you were using 15 min TF, exit is always advisable.....if you are going to C/F the position overnight then the 'Intial S/L is better in opinion.... till a new Swing Low is formed next day....!!!

In some of the Tests carried out in the last few months... 60 Min TF is better for C/F than any other lower TF...!!!

SG

 

[luvmalik]

savant sir chart for pnb?

 

[SavantGarde]

Malik...PNB was in the List for shorting .....yesterday......will try and post the chart.....later or if I wake up early will do it in the morning....!!!

savant sir chart for pnb?