Quadra Safe Trading Strategy - I

G

gb333

Active Member
#673
#673
SavantGarde said:
Hi Gautam,

For Intraday Quadra when the Price goes below all the Averages... we wait for the Price to move towards the 5-WWMA to short provided bearish slope is maintained...!!!

Your entry is based on Previous Low....which is Quadra EOD... anyways give me a little time will mark the chart ...!!!

SG
Click to expand...
SG kindly post the chart ...i m waiting
 
R

rahulr

Member
#677
#677
SavantGarde said:
Hi Rahul,

As per Quadra the Entries and Exits are perfect......!!!

Second Entry one could have exhibited a bit of subjectivity in my opinion....because Entry was almost above a candle which had a 7% jump...!!!

No harm done.... Perfect Markings....!!!

SG
Click to expand...
Thanks a lot SG, for going through my markings.

I have a query about re-entry. As you can see on the chart, the re-entries have fetched little profit or some loss.

This is because, as soon as the swing low is formed we buy(once the high of the candle is taken out by next candle). The swing low formed for 1st re-entry was close to 5 & 8 WMA. But the next swing low was formed closer to 13 WMA which lead to hitting TSL.

  1. Shall we choose swing low which are only closer to 13 WMA ? But this will have a trade off! For a steep upaward trend we may miss out profits as the price may not pullback to 13 WMA.
  2. Instead of waiting for the swing low to be formed (which needs next candle to take out high of the earlier candle), can we buy on 8 or 13 WMA touch ?
  3. To reenter, do we need all WMAs (8, 5 and 13) to be tilted or one can rely upon 50 EMA to confirm that the trend is still in tact ?
 
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