SH's Intraday Strategy - ELH5

[VJAY]

Check out ICharts 5 mins TF ... not a single sell or buy yet

http://img804.imageshack.us/img804/5069/screenhunter02dec081131.gif

Cheers
SH

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10.40 bar closed @5940.65...that time emal is @5940.66.....

So please give some guidance to how we handle it?..........how to avoid it
are you using any filter like 1point +/- in emaH & emaL for valid signal/

 

[kinguncle]

Again a boundry-line case. The last bar, 11.55 judt closed a shade below the mA line.

Anyone considering this a buy trigger? not as per me.

 

[VJAY]

exit @5948...and entered long @5941

 

[amitava82]

long @ 5936

 

[kinguncle]

exit @5948...and entered long @5941

Sir, aap kam se kam 1 point ka margin do. The close shd be at least 1 point abv/bel the ma lines to consider them valid.
Todays case is imp, but when we get in a tight range, ye 1 point kafi bacha lega.

 

[prabit]

I also entered long at 5941

 

[kinguncle]

I also entered long at 5941

Chalo, even if entered long, exits for long at 5932 triggered.
For me 1st Short is set up. now will try to enter on touch of 5ema high

 

[prabit]

exited long at 5930 on sale trigger.

 

[VJAY]

Sir, aap kam se kam 1 point ka margin do. The close shd be at least 1 point abv/bel the ma lines to consider them valid.
Todays case is imp, but when we get in a tight range, ye 1 point kafi bacha lega.

Dear kinguncle
Thanks for you advice..
.....please avoid these sir...etc....we all here friends....only some are there to call sir........they are real teachers....
yes as am papertrading it...will judge it after 1 month of backtesting live.....

 

[kinguncle]

Dear kinguncle
Thanks for you advice..
.....please avoid these sir...etc....we all here friends....only some are there to call sir........they are real teachers....
yes as am papertrading it...will judge it after 1 month of backtesting live.....

Righto Vijay.

Do you have Nifty intraday data (amibroker compatible) for last month/s? If yes, pl share it so that we all can collectively test this and get some learning.

Thanks