Trading with moving averages

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kiran_thiru

Well-Known Member
#1
dear all traderjees, now i started this thread to develop my trading skills only. in this i uses moving averages. i use 54-dma for trend. and 5-15-25 ema for profit booking. stoploss must be 54-dma reversal.
currently i trade only silvermic. because small capital for trading, and small loss booking.

stratezy:--
watch 54-dma--on 5 min chart.
if crosses and did not touch the line--then enter trade. if price touches the line wait untill not touch the line for some more candles. after confirmation then enter trade. if suddenly heavy difference occured in non touching, wait some candles for coming near to line.
watch 5-15-25-ema lines for profit booking. stoploss must be 54-dma reversal

previously i trade in options, but i didn't maintain proper stoploss rule. i make rules my self, but when in loss i didn't follow stoploss rule. so i make losses.

i will work on this stoploss rule-to make nice profits.

thank you for all treaderjees.
 

kiran_thiru

Well-Known Member
#3
in 15-min chart 54-dma gets support. it is on the line. so wait for go down in 15-min chart. if goes down we may see profit. otherwise stoploss in 5-min chart 54-dma line @ 43812 above.
 

kiran_thiru

Well-Known Member
#4
54-dma is down side in 15-min chart.
1-hour chart is getting support @ 43569
if it also breaks we will see more downside
strict stoploss is changed to current 54-dma @ 54730 above
 

jagankris

Well-Known Member
#5
Kiran Bhai,

Sorry for being Noob.
What is DMA ?

5-15-25 for profit booking.
What are the rules for profit booking ?

Could you pls post a chart and explain the details.

Thanks in advance.
 

kiran_thiru

Well-Known Member
#6
54-dma means----54 days simple moving average
5-15-25-ema's(expotential moving average)-----i uses these three emas to book profit
if 5 ema crosses 15 ema i will book my profit
i will post charts soon.
 

kiran_thiru

Well-Known Member
#7
stoploss triggered @ 43686
i am away from system and placed sl, if i here i will book profit @43350 level missed good profit
 
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