SH's MArket Correction Prediction Strategy

[bapu4]

Dear Sir,
Is there any good thread on price volume divergences and there effects on price movement 'coz i am seeing divergences in many charts !!

-Vivek

 

[anup]

Any other stocks not touching 15/34/100 Ema for the correction

 

[hauler]

Any other stocks not touching 15/34/100 Ema for the correction

Deleted............

 

[trade4putuval]

RCOM for 15 EMA touch.

I hope you know what SMC is about. Please do not confuse traders if you are not sure!

RCOM last touched on June 27th 2013. Third week just got over last Thursday. Please read the first post of this thread for the basics.

 

[hauler]

I hope you know what SMC is about. Please do not confuse traders if you are not sure!

RCOM last touched on June 27th 2013. Third week just got over last Thursday. Please read the first post of this thread for the basics.

My bad..... agreed... mentioned rcom as a potential candidate, otherwise hardly an stocks are coming in this criteria.

 

[trade4putuval]

My bad..... agreed... mentioned rcom as a potential candidate, otherwise hardly an stocks are coming in this criteria.

You cannot blindly take any stocks just because there are no stocks in this criteria.

3EMA happens when there has been a major move like for example, 100 points in nifty. You can immediately catch a stock, by noticing the move a stock or index makes in a single day.

But 15EMA SMC happens very rarely. You may get less than 10 to 15 trades per year to trade 15EMA SMC. And that too, you may miss 10 of those scrips because you will come to know about those stocks maybe on the last day of the trade or you may never identify that scrip until the 15EMA is touched. So expect only 5 trades out of 15 trades per year in this strategy!

Very rarer is the situation for 100EMA.

So what I want to say is SMC is not a useful strategy for daily trading or weekly trading. You might want to visit other strategies for your daily/weekly trading purpose.

 

[bapu4]

Hi T4P,
I have observed the following things in TCS(Spot):

1.TCS has not touched its 15 EMA since 28th June 2013.
2.It has made a +ve recent candle which is outside the upper bollinger band
but has closed above the upper trendline .
3.The candle has also left the contact of 3 EMA .

There is a problem that , the candle has opened above the top trendline at 1718 !!
Close below this may give a shorting opportunity !!

So, it seems that it is a very good shorting candidate.
It may come to 1650 !!

Plz comment !!

-Vivek

 

[trade4putuval]

Hi T4P,
I have observed the following things in TCS(Spot):

1.TCS has not touched its 15 EMA since 28th June 2013.
2.It has made a +ve recent candle which is outside the upper bollinger band
but has closed above the upper trendline .
3.The candle has also left the contact of 3 EMA .

There is a problem that , the candle has opened above the top trendline at 1718 !!
Close below this may give a shorting opportunity !!

So, it seems that it is a very good shorting candidate.
It may come to 1650 !!

Plz comment !!

-Vivek

Sorry, not a 15ema SMC candidate! Reason: Fourth week running.
For 3EMA, you may try!

 

[akgandhi]

TCS has touched EMA 15 on 3rd July 2013 Buddy ....

 

[akgandhi]

Guys check this post out it might be helpful to you all

Afl for the strategy