Quadra Safe Trading Strategy - I

SavantGarde

Well-Known Member
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
Hi SA,

Wait for the Initial S/L to Trigger.......for the Long....!!!


SG
 

SavantGarde

Well-Known Member
Hi SG,

I have one query.

For BNF, with all EMAs tilted downwards in 5'o clock position, with 50 EMA almost flattening out, the bear candle closing below 50 EMA, do you think one should exit long, instead of waiting for SL to hit ?
Irrespective of what happens on a day to day basis to EMAs and others...if you have an entry..... then stick to the Initial S/L or a Trailing S/L, looking at individual candle.....will not serve any purpose unless there is a Gap-up or Gap Down....It is advisable to stick to the conditions as far as possible.... if you are going to tweak the strategy...then see to it that it has worked over a span of atleast 2-3 years....!!!

SG
 
NF EOD 24-04-2012

BNF EOD 24-04-2012


SG
Nifty futures is an inside bar, nifty spot has the tail hanging slightly below yesterday's. Just an observation.

Is today NR7 or NR4
 

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