SH's Intraday Strategy - ELH5

sorry guys my pm box became full but i cleared it and replied to everyone with the invite and link so if i havent replied that means i didnt get ur msg (coz pm box was full) please send me ur gmail again.

So far members added are

vijay
jayan12
kvram san77x
amit_15
pumajay
vikas 2659
aditiyasaraf007
krist
spacenoxxx
san77
kamalkishoreit
pundit
nandasn


some more to add, i will add them by tomorrow
Dear Arya Sir,

Please add me. My mail Id:- xxxxxxxxxxxxxxxxx

regds,
 
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rkkarnani

Well-Known Member
Thanx VJ, I am writing what I hv understood... the day in question...please confirm if I have understood it correctly....

9:25 and 9:30 AM bars close above 5EMA High.
9:40 bar retraces to 5EMA Lo, we go long ~6046

11:40 and 11:45 AM bars Close below the 5 MA Lo, we exit our long on close of 11:45 AM bar , at ~6051
We now wait for the Short call entry on retracement to 5 EMA high which happens on 12:40 PM bar at ~6041 and this trade does target at 1:40

Now 1:40 and 1:45 bars close below 5 EMA , we wait for retracement to 5 EMA high, and that happens on bar at 2:20 and level is ~6019,(ESL 6039)

Now please read this query carefully... 2:55 and 3:00 PM bars close above 5 EMA,what do we do now.. do we exit our short and go long on 3:05 bar that retraces to 5 EMA Low......
Thanks RH, u wrote almost what I had in mind... almost identical.. VJAY, pls take the trouble of answering this query...
 

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