Quadra Safe Trading Strategy - I

[LivetoTrade]

SG, how would one go about if -

a) Trend is 'X' on Daily chart

and

b) Trend is 'Counter-X' on 5 minute chart.

Trade Futures on the larger time-frame and Options for intraday?

 

[SavantGarde]

SG, how would one go about if -

a) Trend is 'X' on Daily chart

and

b) Trend is 'Counter-X' on 5 minute chart.

Trade Futures on the larger time-frame and Options for intraday?

Hi LtoT,

Shorter TF will always have smaller profit... there are several counter trends even on Daily TF...let alone shorter TF....!!!

Coming to shorter TF ...if 15 min TF can give you +30 points.... then one should expect about 10-15 points on a 5 min TF... that is how expectation trading smaller TF should be.... realistic...!!!

Smaller TF will also be riddled with lot of noise resulting in whipsaws...!!!

SG

 

[LivetoTrade]

Hi LtoT,

Shorter TF will always have smaller profit... there are several counter trends even on Daily TF...let alone shorter TF....!!!

Coming to shorter TF ...if 15 min TF can give you +30 points.... then one should expect about 10-15 points on a 5 min TF... that is how expectation trading smaller TF should be.... realistic...!!!

Smaller TF will also be riddled with lot of noise resulting in whipsaws...!!!

SG

SG, Sorry, I was not clear earlier.

I meant to ask - "what if we already have a position based on Daily/EOD charts, and get a counter trend in the 5/15 min TF"

 

[SavantGarde]

SG, Sorry, I was not clear earlier.

I meant to ask - "what if we already have a position based on Daily/EOD charts, and get a counter trend in the 5/15 min TF"

Then the next best thing to do...specifically let us say you are short NF on daily then play the MNF Long in counter trend... or next series....!!!

 

[GRORICH]

Hi NMDS,

Frankly, have no recollection whether it was through visual scan or from Anant's AFL which does have scan built in.....anyways final AFL will have the scan but one will require to check it visually... !!!

SG

Dear SG,

Even though the method is very good and safe ( as you have named correctly ) , it is very difficult to visually scan / analyze so many charts daily . Unless an afl ( at least basic one,with entry/exit points ) is provided , novices like me would not be able to use this method effectively. So I request you to release the afl at your earliest convenience. With regards.

Grorich

 

[SavantGarde]

Dear SG,

Even though the method is very good and safe ( as you have named correctly ) , it is very difficult to visually scan / analyze so many charts daily . Unless an afl ( at least basic one,with entry/exit points ) is provided , novices like me would not be able to use this method effectively. So I request you to release the afl at your earliest convenience. With regards.

Grorich

Hi Grorich,

I agree completely with your view, it would be a humongous task to scan stocks & would basically defeat the purpose, which is to spend as little a time as possible....!!!

Let me speak to Anant over the weekend and see if the basic AFL done by him could be uploaded, anyways expect to complete the documentation this weekend....quite a bit of work on it has been completed....!!!

SG

 

[SavantGarde]

Chart below of NF one will notice a sharp uphook of 5-WWMA, chances of this Short Entry getting Triggered is slim... while the necessary markings & annotations are present....personally, I think for next few days Short Entry may not get Triggered...let us see how it pans out....!!!

NF EOD 24-05-2012

Having some difficulty uploading BNF image to imgur...will post as soon as the issue is sorted....!!!

SG

 

[SavantGarde]

BNF EOD 24-05-2012

Notice the sharp Hook on WWMA-5 and WWMA-8 has sort of flattened, chances of Shorts getting Triggered for next few sessions is slim....and perhaps prudent to wait for some upmove before one can look for shorting opportunity...one can notice a similar situation on the left of the chart....!!!

SG

 

[asnavale]

Chart below of NF one will notice a sharp uphook of 5-WWMA, chances of this Short Entry getting Triggered is slim... while the necessary markings & annotations are present....personally, I think for next few days Short Entry may not get Triggered...let us see how it pans out....!!!



SG

Below is the NSE-NIFTY chart on 15 min TF. This is based on GCI-MT4 chart. It shows a CUP & HANDLE pattern. Based on the Cup & Handle description, the target for NSE-NIFTY works out to be 5020. Let us wait and see how it unfolds.

-Anant

 

[sr114]

SG

look at the pix and reply

regards
sr