Maximize profit using SH's strategy

[trade4joisar]

You know, the "3EMA 2 days against the trend" is an improvisation. It wasn't there in the original strategy. Now it has become a part of the strategy.

I think in case of such sharp moving days, we can perhaps device a rule about the 15EMA moving against yesterday's values. Just a rough idea.

I dont want to disturbed original trend.

I did not understood what do you mean by this ?

 

[timepass]

I dont want to disturbed original trend.

I did not understood what do you mean by this ?

Just a rough idea at present.. will keep it under observation.

 

[trade4joisar]

GFZ
Worked as expected. Touched 15 ema around 5280.

30 mins Range: 5193 - 5351
30 mins 15 ema: 5289

Daily Range: 5002 - 5641

315
3 ema left & was around 5288. Touched and then made low of 5231 & then again bounce back.

Weekly
Still bullish.
3 ema = 5327
15 ema = 5240

SST
As SAR was 5408 i.e. too far from short price, we need to wait for 15 ema touched & bearish candle close below 15 ema.

So 3:00 PM candle closed below 15 ema with SL as 5328. Once it will go below 5221 same will be now SAR.

SMC
100 ema = 5201 & we are near expiry week. So if it touched we are going to get wild moves on either side.

 

[timepass]

315
3 ema left & was around 5288. Touched and then made low of 5231 & then again bounce back.

15 EMA = 5347. On 22nd (Thursday), the 15 EMA was 5356.

What I am going to look out for is, if nifty rises, and if it touches 15EMA, what is the value of 15 EMA at that time ?. If it is more than 5347 then close the shorts / puts, if it is less than 5347 then maybe add shorts / buy puts. Will use a filter of 20 pts for NF i.e. will consider the position at 15EMA + 20.

 

[trade4joisar]

If on monday NF goes above 5328 i.e. SL for shorts as as per SST, if we can go long with SL as 5319.

Let see.

 

[trade4joisar]

GFZ
Today Price was playing with GFZ bottom till EOD.

30 mins range: 5150 - 5307

Daily range: 4994 - 5631.

SST
Good move.

Now bear SAR is 5328

30 mins 15 ema = 5218.

315
Good move.

3 ema = 5241.

Weekly still bullish.

SMC
100 ema touched. So we can expect some wild moves in few days (As SH expected.).

SH: How to earn 25% to 50% ROI per trade twice every year

 

[srfelixmca]

SMC
100 ema touched. So we can expect some wild moves in few days (As SH expected.).

Will it be uptrend or downtrend.

 

[trade4joisar]

SMC
100 ema touched. So we can expect some wild moves in few days (As SH expected.).

Will it be uptrend or downtrend.

You can go through SH's post provided above to understand how we can take profits with this.

 

[trade4joisar]

GFZ
Today very good trade, but as i was in a meeting i missed whole move :annoyed:
Always happens with me

Any observation why it worked today?
working on day when consolidation happens and then then fast move

30 mins GFZ range: 5138 - 5294
30 mins 15 ema : 5227

Daily Range: 4987 - 5624.

SST
15 ema touched with bearish candle around 5200 with SL as 5246.
SL hit but after that now bearish candle below 15 ema.

Bear SAR still intact @ 5328.

315
3 ema = 5253
15 ema = 5318

If tomorrow 3 ema > today's 3 ema then we need to close trade here.

SMC
Today's close was above 100 ema.

 

[timepass]

If tomorrow 3 ema > today's 3 ema then we need to close trade here.