SH's Intraday Strategy - ELH5

[Tradewithhunter]

S.H,
Today till 10.00 am nifty trade bellow Low EMA. During the day SH mention that consider signal once back to channel. I think this rule look like new... Shall we look for a candle open, close inside the channel of High and Low EMA? before a signal..
Please clarify

Regards,
Saravanan

Dear Saravanan - This is not a new rule....I clarified this on second day itself.

Ideally we need atleast one candle close or candle open in the channel which means that we will have a small candle body within the channel...

Cheers
SH

 

[Tradewithhunter]

Thanks for correcting me SH...
Can you tell me whether the following marking is correct to make my understanding clear in the system?
http://img703.imageshack.us/img703/1707/nf141210.jpg

...SS

All looks good except your second trade exit. The second trade which was a long ...was exited much earlier than you have marked....

The sell trigger came on the two bars immediately preceding the bars that you have circled as SL hit ..please see carefully ....

Cheers
SH

 

[amitava82]

Do we have a sell signal now?

 

[summasumma]

All looks good except your second trade exit. The second trade which was a long ...was exited much earlier than you have marked....

The sell trigger came on the two bars immediately preceding the bars that you have circled as SL hit ..please see carefully ....

Cheers
SH

Thanks a lot SH...

 

[bhaskar145]

We have a long triger

 

[bhaskar145]

We have a long triger

Chidiya firse ud gaya..............

 

[bhaskar145]

buy @ 5900.............

 

[vikas2659]

bot @ 5902..lets c..

 

[bhaskar145]

buy @ 5900.............

Booked profit 5920...........:clap:

 

[vikas2659]

well i buked @ 5921.80..mini..So SH deserves a thanx from me..thank u sir:thumb: