Quadra Safe Trading Strategy - I

[apdd2003]

Hi SG,

Here is my answer to the ABAN puzzle. All decisions are noted on chart itself. As on today the Short position is still open.

-Anant

Anantji, is white circled candle is valid tsl you missed or i read it wrong?

 

[SavantGarde]

Anantji, is white circled candle is valid tsl you missed or i read it wrong?

Valid TSL.... gets Triggered on the second bar thereafter and on the High of the same Triggered Bar we are back with another entry...!!!

SG

 

[vssoma]

dear SG,
here it is new chart for silver with quadra intraday,

 

[SavantGarde]

Swamy find the Chart with relevant Markings....!!!

SG

dear SG,
here it is new chart for silver with quadra intraday,

 

[asnavale]

Anantji, is white circled candle is valid tsl you missed or i read it wrong?

Yes it is valid TSL. But I skipped it because the low of that candle was not much away from the neighboring candles and the MAs are moving steeply up. In such cases the TSL may be hit but the trend resumes immediately. Therefore, the exit on TSL does not give benefit. In such cases it is better to watch the next one or two candles to ascertain the direction of price movement. That is what I have done and avoided the exit and continued the open position

-Anant

 

[techtrader2]

Anant/SG

I have 2 queries on Aban - please see chart below

In the pink circle why are we going long when 50 EMA is within cluster of wilder's MAs whereas earlier we didn't go long?

In the orange circle why dont we have another long entry?
http://imageshack.us/photo/my-images/546/ttaban.png/

 

[ayush2020]

Swamy find the Chart with relevant Markings....!!!

SG

SG sir in commodity is it good to use 5 min chart or we should focus on 10 or 15 min tf ? as we have seen more whipsaws during the day time...

yes it is good for during evening session... we can make it ... as u have marked here can we do it in real time??

 

[SavantGarde]

Anant/SG

I have 2 queries on Aban - please see chart below

In the pink circle why are we going long when 50 EMA is within cluster of wilder's MAs whereas earlier we didn't go long?

In the orange circle why dont we have another long entry?
http://imageshack.us/photo/my-images/546/ttaban.png/

Hi TT,

First Lower Circle marked 50 EMA is not in the cluster it is clear of the WWMAs.....if you notice......!!!

Second Circle ......while there is a valid entry point keeping the conditions in mind..... one will notice the huge up move of the two consecutive green bars......while we were already in the Trade for those Bars and some....till the TSL got triggered.... always prudent to wait for some retracement after such parabolic moves.....and by the time it did retrace.....for a Long Entry....WWMAs....didn't support going Long.....!!!

Let's say we forget about the visual scanning to make a decision, immediately on the following Bar after TSL is hit you get a Long Entry....one still ends up with some profit on the 3rd Bar thereafter.... and if the Condition 'Bar Splice' & 'Bar Split' which is yet to be discussed would have squeezed out some more....!!!

SG

 

[SavantGarde]

SG sir in commodity is it good to use 5 min chart or we should focus on 10 or 15 min tf ? as we have seen more whipsaws during the day time...

yes it is good for during evening session... we can make it ... as u have marked here can we do it in real time??

For commodities which are Traded 24/5 one should avoid the Lull period and Trade only the brisk phase...when EU/LME or better still when U.S. opens.....!!!

Range bound period is part of any markets.....when it seems to be doing nothing.....happens a couple of times atleast during our Market as well which is open for about 6 hours........!!!

SG

 

[SavantGarde]

There is much that is discussed about Indicators that are Lagging.....!!!

Considering most of us struggle to make profit even with lagging Indicators...we must recognize the hierarchy that exists in all Markets.....while small traders like us are at the bottom of this Pyramid.... & then we struggle with various aspects of TA ....that is precisely the reason for 'Quadra Safe Trading Strategy' one doesn't need to have TA expertise ....but just be familiar with outlined Conditions of Entry & Exits and be able to recognize those on the Charts....is all that is required to make consistent Profit.....without having sleepless nights with open overnight Positions...!!!

Imagine those elderly entrants who take up Trading/Investing after retiring or VRS..... and are told that they must pay learning fees to the Market by way of Losses and spend minimum of 3 years learning TA as a necessity to be Trading/Investing profitably....!!!

For the die hard addicts ...there is Quadra Intraday...yet to be discussed...

For those who will not leave their quest for Tops & Bottoms.... DB & SB should be able to satisfy that to some extent when it is discussed....!!!

SG