SH's MArket Correction Prediction Strategy

[trade4joisar]

So 3 ema left in spot price of RCOM

CMP = 114.8
3 ema = 112.4
15 ema = 105.1

I am short 2 lot in RCOM.

Let see how it react to 1st day after 6th week is over.

3 ema left (minor but) for 2nd day. 1st day was not bad :thumb:, Let see where it goes.

This is the reason i miss SH a lot. His strategies are really awesome.

(spot)
CMP = 113.95
3 ema = 113.19
15 ema = 106.2

While talking to one of my friend, he said below statements which make me laugh :lol: so thought to share with you.

Welcome on board. umeed kar raha hoon ki aapki yaatra lambi aur profit bari ho

RCOM airlines ki crew ki taraf se aapko namaskar

Kuch-hi samay mei aapki RCOM flight neeche utarwaane hai! kripaya seat belt baande. Aapki ye vinati hai ki jab tak aap target par nahi pahunchte tab tak aap seat belt na utaare thata utarne ki koshish na kare

 

[mangup]

3 ema left (minor but) for 2nd day. 1st day was not bad :thumb:, Let see where it goes.

This is the reason i miss SH a lot. His strategies are really awesome.

(spot)
CMP = 113.95
3 ema = 113.19
15 ema = 106.2

Hi t4j,

If u see today's low (113.25) & 3 EMA(113.19), there is very less diff in it. It may be possible that it will touch 3 EMA tomorrow & takes support. Also it has made a strong bullish pattern 2 days before. Also today low is at 21 HEMA(ID Support level). Overall i am little bullish on it. Shorting can be thought off only on close below 112.30 on 15 min chart. Let's see what's there in it?

 

[manojborle]

15 ema is now @ 6006 and today NF is in NR4 also and most likely chance of breaking out to the downside.
What do youb think guys ?

 

[trade4joisar]

15 ema is now @ 6006 and today NF is in NR4 also and most likely chance of breaking out to the downside.
What do youb think guys ?

I am sure that there is no chance of breakout. Tommorrow it will also not go below NF 5143 which is today's low for sure.

 

[trade4joisar]

Hi t4j,

If u see today's low (113.25) & 3 EMA(113.19), there is very less diff in it. It may be possible that it will touch 3 EMA tomorrow & takes support. Also it has made a strong bullish pattern 2 days before. Also today low is at 21 HEMA(ID Support level). Overall i am little bullish on it. Shorting can be thought off only on close below 112.30 on 15 min chart. Let's see what's there in it?

Hi MG,

I have seen SMC working like anything, its like everything else is on one side and SMC is on one side. So i would say long can be thought off only after 15 ema in daily touch.

If you think 112.30 is a problem then, it may go below it by tommorrow itself.

These are my thoughts and if 1% wins then it will go on up side.

Lets see where it goes.

 

[mangup]

Hi MG,

I have seen SMC working like anything, its like everything else is on one side and SMC is on one side. So i would say long can be thought off only after 15 ema in daily touch.

If you think 112.30 is a problem then, it may go below it by tommorrow itself.

These are my thoughts and if 1% wins then it will go on up side.

Lets see where it goes.

Hi t4j,

I will thought of going short only if it closes above 117.60 on daily as it will make it more vulnerable to fall like anything.

 

[trade4putuval]

My viewpoint, which I had shared in another thread for RCOM.

http://www.traderji.com/equities/72...-commodities-etc-part-2-a-112.html#post810708

All the best!

 

[fxtraderdxb]

Dear All

Nifty Spot & May Futures has not touched 15 Daily EMA for the last 21 trading days. As per our Strategy, it should test 15 Daily EMA, within 6 weeks(30 Trading days), before anywhere it go.

As per EOD chart 15 EMA( as of 17th May 2013) is at 6040-50 levels.

Correct me if i am wrong.

 

[trade4joisar]

3 ema left (minor but) for 2nd day. 1st day was not bad :thumb:, Let see where it goes.

This is the reason i miss SH a lot. His strategies are really awesome.

(spot)
CMP = 113.95
3 ema = 113.19
15 ema = 106.2

While talking to one of my friend, he said below statements which make me laugh :lol: so thought to share with you.

Welcome on board. umeed kar raha hoon ki aapki yaatra lambi aur profit bari ho

RCOM airlines ki crew ki taraf se aapko namaskar

Kuch-hi samay mei aapki RCOM flight neeche utarwaane hai! kripaya seat belt baande. Aapki ye vinati hai ki jab tak aap target par nahi pahunchte tab tak aap seat belt na utaare thata utarne ki koshish na kare

I read it somewhere and it applied to someone who did not waited till last.
(BTW, i was also worried when saw 118 ), But seems saari duniya ek taraf, SMC ek taraf

"Sometimes you wait long for wishes to come true and when the time arises you are not there"

I am still holding shorts, now 15 ema moved above.
15 ema = 107.9

Let see how it goes.

 

[trade4joisar]

Dear All

Nifty Spot & May Futures has not touched 15 Daily EMA for the last 21 trading days. As per our Strategy, it should test 15 Daily EMA, within 6 weeks(30 Trading days), before anywhere it go.

As per EOD chart 15 EMA( as of 17th May 2013) is at 6040-50 levels.

Correct me if i am wrong.

As per spot, 5th week will be completed on 22nd May and as per my observation, one can short on 23rd EOD with target of 15 ema in daily.

Lets see.