SH's Intraday Strategy - ELH5

[rkkarnani]

hi any one can tell me


is that candle outside the EMAS should be of two candles in row. back to back two candles. (((suppose first candle closed outside EMA then second inside and than third EMA outside. it can be trigger )))or there should be back to back candles in row.



thax

http://www.traderji.com/technical-analysis/47382-shs-intraday-strategy-elh5.html#post494138

 

[risharo]

any one can tell me have i marked trigger n entry right. if i am wrong please do correct me

 

[Tradewithhunter]

absolutely right.. just one change .. the first short trigger should get an entry on the second candle (after the trigger) where EMAH was touched and 20 point profit should be booked if available.

Cheers
SH

 

[risharo]

absolutely right.. just one change .. the first short trigger should get an entry on the second candle (after the trigger) where EMAH was touched and 20 point profit should be booked if available.

Cheers
SH

thax :thanx: for such quick reply

 

[risharo]

thax :thanx: for such quick reply

trade with hunter
you are trading this set up from so many months. dear how much average monthly points you are getting. i know its bit personal question but if you feel comfortable you can tell me. i am asking just for mindset and to meet emotional challenges. hope you will understand. because as a day trader my monthly target is to gain 200 points per month after brokerage. if i ll get above this that will be like bounce.


thax
risharo

 

[heartshacker]

any one can tell me have i marked trigger n entry right. if i am wrong please do correct me

Kindly explain the logic how did u mark all that trading.

 

[risharo]

Kindly explain the logic how did u mark all that trading.

http://www.traderji.com/technical-analysis/47382-shs-intraday-strategy-elh5-2.html here s the logic:thumb:

 

[risharo]

http://www.image-share.com/ipng-649-46.html 11 may 2011 triggers n entries.

 

[anuragjais]

good job risharo. such daily updates with chart builds the confidence. thanks for doing it.

 

[anuragjais]

one doubt. suppose a buy setup generates, then the price comes down n touches the low ema. we take long position. but soon after that it gives 2 closing below the low ema. then what should be our action ?? should we hold our long or when the price touches high ema, we get our of longs n take short position ??
thanks