Trade with Trend

Hi friends
Now i am going to share a my other trading strategies,for nifty f&o and commodity trading

rule1-analyze price in weekly chart,(use 13ema and stochastic oscillator 5 15 5)(i will use 13ema for signal line
if price go above the 13ema its bullish confirmation
if price go below the 13ema its bearish confirmation
i also use stochastic for overbought over sold levels )

rule2-then come to day chart, and analyze it
(i will use 13ema for signal line
if price go above the 13ema its bullish confirmation
if price go below the 13ema its bearish confirmation
i also use stochastic for overbought over sold levels )

if both are in same direction just go for the trade
stop loss (if buy signal came st i recent low,if sell signal came st is recent high )

Ex
http://www.traderji.com/attachment.php?attachmentid=18625&stc=1&d=1361933037
In nifty weekly chart sell signal came at 15 feb 2013
i was wait for a pullback; Price should go up above the 13 ema on daily chart and then came below the 13 ema and give a sell signal at 21 feb
http://www.traderji.com/attachment.php?attachmentid=18626&stc=1&d=1361933070
21 feb i short sell march nifty future @ 5938
now its 5793
i am still holding that
friends i want you to,do back test my strategies,share your view
happy trading

Hello sir,

The links which you gave were not working. please post the valid links
Is this strategy still working in the current market? May i know since how long you are using this strategy and how was the success ratio.

Thanks

Hi niftybeginner


see this link
http://www.traderji.com/advanced-trading-strategies/81110-tradeing-trend.html
happy trading

Hello Muthu,

Please check my signature for instructions on attaching images.

.
Please update the thread with your recent charts.