SH's Intraday Strategy - ELH5

[VJAY]

As I told u b4 tt ur ichart has got inbuilt pain avoiding mechanism. let's check with Vjay's chart bcos TT is showing it clearly. Anyway "naseeb apna apna"

yes bhaskar ...i closed that trade(5882 short) @5884..as 1.45 & 1.50 both closed above emaH..... what's wrong with it....i don't know why these data diference in daily....

 

[Tradewithhunter]

3 PM bar high 5807 and EMAH was 5808 .. missed the third short by 1 point and Nifty has fallen 40 points from there

Anyways - we will get more chances.

PLEASE DO NOT TAKE ANY MORE SHORTS FOR TODAY.

Cheers
SH

 

[VJAY]

dear friends,
Here any one using nse's TAME?if so please share is this settings of emah/l are there....

 

[amitava82]

dear friends,
Here any one using nse's TAME?if so please share is this settings of emah/l are there....

I could not find any option there. I also use NSE NOW desktop software and there also I could not find the option.

 

[VJAY]

13.45 bar did not close above 5 EMAH as per Icharts. So shorts continued to be held and now booked 20 points profit on them.

Cheers
SH

Dear sh,
Please share your chart of todays....how your chart missed 1.40,1.45,1.50...bars above emah...?
if this happen in daily basis then need to look other options

[/URL] Uploaded with ImageShack.us[/IMG]

 

[amitava82]

This is how my chart looks (IBC)

 

[bhaskar145]

May be we need the magic chart of SH.... LOL......on a serious note since we have a healthy RRR can we use a very small filter (may be a point or two) for these borderline cases where due to data error system is failing? Even 2day's last short trade failed because of one point. SH what is ur suggestion?

 

[nishu900]

Guys - use Icharts if that helps. Only one successful 20 point trade will be more than the monthly subscription charges on Icharts.


Vikas - 1.45 bar closed at 5886 which was not above 5EMAH since EMAH was also at 5886. You need a clear close above 5EMAH visible to naked eye.

I will post my charts tomorrow morning to show you .

Cheers
SH

Hi SH,
I use Angel broking software and in that 1.45 closing is at 5886.90 and EMAH is at 5885.44.
I dont know even my data is never matched with your data.

 

[Tradewithhunter]

Guys - If you like this strategy, use Icharts for one month.. I do not know why other charting softwares giving different picture than Icharts on certain candles.

For me - 3 trades today. First gave 8-10 point loss... other two both gave 20 points profit each.

Overall 30 points profit today.

Cheers
SH

 

[summasumma]

Dear sh,
Please share your chart of todays....how your chart missed 1.40,1.45,1.50...bars above emah...?
if this happen in daily basis then need to look other options

[/URL] Uploaded with ImageShack.us[/IMG]

Hi VJAY,

Please let me know which charting tool u r using to get ur charts...?
It looks like working great for me whenever i apply my 2 consecutive rules strategy(mentioned some posts back in this thread). So i can try that method using ur charting tools in my PC to check it myself...
Also please tell me from where u r getting data for the same?

Thanks,
...summasumma