SH's Intraday Strategy - ELH5

[akrsrivastava]

The first Green candle for trade 4 does not seem to close above EMAH5. So that is a doubtful trade.
On Nifty charts today(I dont have RT Nifty Futures chart) I was able to take three trades till now
Long at 950 candle, exit at 1020 candle: 2 points
Long at 1025 candle, exit at 1110 candle: 16 points ( was too happy becoz of my first decent profit from this strategy, so exited, although target was not achieved. Turns out, did the right thing)
Short at 1245 candle, exit at 1340 candle: 20 points (Persevered with the strategy this time and achieved target).

All are paper trades. Let me know if I was able to identify the trades correctly as per the rule.

Yesterday I misjudged an exit point and ended with a net loss of 2 Nifty points.

Amit

Ok..another attempt...

I was just checking the intra day chart for Nifty Futures and following trades would have been possible

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[Tradewithhunter]

Today six intra trades all profitable ... 120 points profit using EHL5

Cheers
SH:thumb:

 

[deepanshah13]

Hi!

I have read abt this stategy just today. I find it very interesting.

I have one problem. Though I have been trading for a long time, I am NEW to technical anylysis.

Can any one please help me how to implement this stategy at Power India Bulls and at Metastock?

Detail and Step by Step guidance will help me a lot.

Eagerly waiting for Quick Reply...

Thanks and Regards.

 

[jayan12]

Date 27-01-2011

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[FanaticTrader]

Possible Trades for 27/01/2011

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[dayder]

I did not get any option for live update the software.

Pl open your pm.

 

[THE LORD]

i traied to make automatic numbring untill now im still traying in this afl
this what i get the nubering it came otomatically by my afl not by my hande

 

[THE LORD]

another example

 

[kamalkishoreit]

@fanatic_trader,
can you please tell me which type of spider software you are using ( free or paid ).
And if paid what are the charges of this and its accuracy.

 

[THE LORD]

@fanatic_trader,
can you please tell me which type of spider software you are using ( free or paid ).
And if paid what are the charges of this and its accuracy.

i dont know if you are aking me or not
if you asking me im using the amibroker