SH's MArket Correction Prediction Strategy

[VJAY]

actual exit should be yesterday as for me .......my paper trade took when 100ema touch(30/9/2013)

ydy exit when abv 6000

 

[TraderPrem]

actual exit should be yesterday as for me .......my paper trade took when 100ema touch(30/9/2013)

ydy exit when abv 6000

Dear VJAY,
Are these in excel can you please explain in detail.
Thanks and regards
Prem

 

[trade4joisar]

This is one of my favorite strategy which when comes, i don't look at anything else.

From last few weeks, i am analyzing 100 ema in lower TFs and it is working same as it is working in daily TF.

So here is my observations. Daily we have 6.25 hrs of sessions.

In daily it requies 28 weeks to touch 100 ema, so if we consider 5 sessions per week, so 140 candles.

5 Mins
=====
In 1 hour, there are 12 candles, so price requires 11.75 hrs to touch 100 ema.

30 mins
=====
In 1 hour, there are 2 candles, so price requires approx 12 daily session to touch 100 ema.

This is my observations and somwhere SH also mentioned about using 100 ema in 1 hour, but i have not looked at 1 hour for now.

So similar way one can take position (after 10.30 hours in 5 mins, 11the day on 30 mins) targetting 100 ema in these TFs.

Please share your views on this. Please correct me if you see otherwise (success ratio <90%).

 

[anup]

@ Tradejoisar : Thanks for the explanation....But it is seeming like greek and latin to me....
If you can explain with example (charts) on how to trade this setup,it would be great.....
Sorry for increasing ur workload on weekends....

Thanks,
Anup

This is one of my favorite strategy which when comes, i don't look at anything else.

From last few weeks, i am analyzing 100 ema in lower TFs and it is working same as it is working in daily TF.

So here is my observations. Daily we have 6.25 hrs of sessions.

In daily it requies 28 weeks to touch 100 ema, so if we consider 5 sessions per week, so 140 candles.

5 Mins
=====
In 1 hour, there are 12 candles, so price requires 11.75 hrs to touch 100 ema.

30 mins
=====
In 1 hour, there are 2 candles, so price requires approx 12 daily session to touch 100 ema.

This is my observations and somwhere SH also mentioned about using 100 ema in 1 hour, but i have not looked at 1 hour for now.

So similar way one can take position (after 10.30 hours in 5 mins, 11the day on 30 mins) targetting 100 ema in these TFs.

Please share your views on this. Please correct me if you see otherwise (success ratio <90%).

 

[anilnegi]

This is one of my favorite strategy which when comes, i don't look at anything else.

From last few weeks, i am analyzing 100 ema in lower TFs and it is working same as it is working in daily TF.

So here is my observations. Daily we have 6.25 hrs of sessions.

In daily it requies 28 weeks to touch 100 ema, so if we consider 5 sessions per week, so 140 candles.

5 Mins
=====
In 1 hour, there are 12 candles, so price requires 11.75 hrs to touch 100 ema.

30 mins
=====
In 1 hour, there are 2 candles, so price requires approx 12 daily session to touch 100 ema.

This is my observations and somwhere SH also mentioned about using 100 ema in 1 hour, but i have not looked at 1 hour for now.

So similar way one can take position (after 10.30 hours in 5 mins, 11the day on 30 mins) targetting 100 ema in these TFs.

Please share your views on this. Please correct me if you see otherwise (success ratio <90%).

for EOD i use chartink, for Intraday You use which charting software?

anil

 

[trade4joisar]

for EOD i use chartink, for Intraday You use which charting software?

anil

For EOD, i am also using Chartink.
For Intraday, i was using icharts before but due to access issue, currently i am using http://google.com/finance (spot) and http://www.investing.com/indices/india-50-futures-advanced-chart (this starts with SGXnifty, so not always goes correct with nifty).

 

[trade4joisar]

@ Tradejoisar : Thanks for the explanation....But it is seeming like greek and latin to me....
If you can explain with example (charts) on how to trade this setup,it would be great.....
Sorry for increasing ur workload on weekends....

Thanks,
Anup

5 mins
======

Price touched 100 ema on 1st Oct, 2013 at 3:00 PM and till 4th Oct 13:30, it did not touched 100 ema
1st Oct = 30 mins
3rd Oct = 6.25 hrs
4th Oct = 4.25 hrs, so almost not touched nearly for 11 hours, so we can open position with 100 ema as target which then touched on 2:50 PM.

30 mins
=======

Price touched 100 ema on 4th Sep, 2013 at 14:30 and till 20th Sep, 2013 11:00 AM, it did not touched 100 ema so say almoast around 10.25 sessions.

Hope this will help.

 

[anilnegi]

5 mins
======

Price touched 100 ema on 1st Oct, 2013 at 3:00 PM and till 4th Oct 13:30, it did not touched 100 ema
1st Oct = 30 mins
3rd Oct = 6.25 hrs
4th Oct = 4.25 hrs, so almost not touched nearly for 11 hours, so we can open position with 100 ema as target which then touched on 2:50 PM.

30 mins
=======

Price touched 100 ema on 4th Sep, 2013 at 14:30 and till 20th Sep, 2013 11:00 AM, it did not touched 100 ema so say almoast around 10.25 sessions.

Hope this will help.

how you initiated trade, you buy call and put or any other strategy

 

[trade4joisar]

how you initiated trade, you buy call and put or any other strategy

With SMC, i always go with future, but one can also go with call/put.

 

[VJAY]

Dear VJAY,
Are these in excel can you please explain in detail.
Thanks and regards
Prem

Explanations ?
in top fig bought 5500PE & 6000 CE -both costed 7493
down fig sold the same.....@9763 so profit of 2270