Quadra Safe Trading Strategy - I

[SavantGarde]

Here are a few scrips....!!!

FORTIS Daily

HINDPETRO Daily

JSWSTEEL Daily

TATACOMM Daily

SG

 

[asnavale]

Hi SG,

Though HINDPETRO and JSWSETEEL have given BUY triggers on 20-04-2012, FORTIS and TATACOMM have given BUY trigger on 19-4-2012 (for buying on 20-4-2012) and both have taken out the high of trigger candles on 20-04-2012. Why you have put these two triggers on 20-04-2012 (for buying on 23-4-2012)? Or are they just for illustration and not as triggers for 20-4-12? Just to confirm whether I have read the triggers correctly or not.

-Anant

 

[SavantGarde]

Hi SG,

Though HINDPETRO and JSWSETEEL have given BUY triggers on 20-04-2012, FORTIS and TATACOMM have given BUY trigger on 19-4-2012 (for buying on 20-4-2012) and both have taken out the high of trigger candles on 20-04-2012. Why you have put these two triggers on 20-04-2012 (for buying on 23-4-2012)? Or are they just for illustration and not as triggers for 20-4-12? Just to confirm whether I have read the triggers correctly or not.

-Anant

Hi Anant,

Posted the charts for illustration, if you notice the FORTIS chart I have put a vertical line on the 19th April Bar to indicate Trigger getting executed but forgot the vertical line on TATACOMM.....while the others if they Trigger today will similarly have a vertical line going through 20th April Bar.....!!!

SG

 

[Aarav11]

Hi SG,

When you say EMA is Flat or looking flat, how you decide. i Tried to do it by just seeing it, but is there any % which we can attach to EMA as if current candle EMA 50 reading is X% above or below the last candle EMA 50.

Thanks

 

[angira]

Hello SG sir & all,
Today Nifty 5 min. trade chart.
I've entered late but 15 points ( or more) done nicely.

Angira...

 

[SavantGarde]

NIFTY 5 Min. (GCI) 23-04-2012

SG

 

[SavantGarde]

NF EOD 23-04-2012

BNF EOD 23-04-2012

SG

 

[asnavale]

Hi SG,

When you say EMA is Flat or looking flat, how you decide. i Tried to do it by just seeing it, but is there any % which we can attach to EMA as if current candle EMA 50 reading is X% above or below the last candle EMA 50.

Thanks

Hi Aarav,

In a normal chart it may be difficult to see the flatness of the EMA line. You need to zoom the region to see. I am giving an example here. Earlier in this thread, SG has posted GVKPIL chart. If you see the last portion of the chart (right extreme) you may not be able to identify the flatness of EMA50. I have zoomed the portion and posted the zoomed chart below. In the image below I have circled the flat portion of the EMA50 (Light Grey line). You can clearly see that it is flat inside the circled area. The EMA value for each candle inside the circle is between 16.95 and 16.96.

The stepwise dotted bluish line and dotted brown line have nothing to do with the EMA flatness. The Blue dotted line is trailing stoploss for Buy trigger and the brown dotted line is stoploss for Sell(shorting) trade.

-Anant

 

[hmp]

Anantji will you pl. post AFL for this strategy?

 

[sanjuasrani]

Hi Anant,

Thnaks for the Chart. The scenario has totally changed from a buy as per the chart posted by SG and it has become a sell as per the chart posted by you.

I am long in it - bought @ 16.50. What do you suggest ? Shall I exit looking at the chart posted by you ? Please advise.

Thanks,

Rgds,
SA