Profit Trading System Intraday and Swing!

spiritunit

Well-Known Member
#23
5 EMA broken 30 EMA and shorts triggered!

Shorted NF @ 5085
 

spiritunit

Well-Known Member
#25
Trend reversed, exit shorts @ 5103 and loss of 18 points :annoyed:

Entered long @ 5105
Again trapped on whipsaw covered long @ 5085 and loss of 20 points :annoyed:

Its part of game these whipsaws :lol:

No more trades today, as power cut and my UPS gone wild...:mad:
 

avad

Well-Known Member
#29
what can be the parameters??
Depends on ur comfort level....Many people here use 8,3,4 setting but i used to mix it up.

But rule of thumb is

8,3,4 for a bit slow signal........5,5,5 for fast signals.

For more reference either read PRIDES STICKY thread or else read ROBERT MINERS BOOK.....I used both of them....they give good results.
 
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#30
Hello Guys, I am new to this forum and I find the charts very interesting though I am not aware of the fact what it trying to speak...I need to learn this can you please help me out. I mean from where I can get the basic?