Karthiks Options Trading Strategy

Karthik........

:thumb::thumb::thumb::thumb:

Hi,

cci(14) is 31.27

it must be > 50

@EH,

That is not Entry point, bcz.....CCI was 30.33 and the Candle was touching both the WMAs.

@ Purushotham
Thanks for the chart, now it is clearly seen CCI < 50.

@pakatil

thanks,

yes, CCI > 50 condition not met.

but the candle does not touches both WMAs,
Low of lower WMA is 61.06 whereas candle low is 63.25

Dear Purushottam, i'm noticiing that most of the time, u r entering post lunch.......any specific reason??

Dear Karthik,
Is it necessary for 2nd candle to be white/green color after 1st candle fulfilling all entry conditions ?
Because i m seeing in charts posted by purshottam, there are many chances to enter but next candle appears to be black in color after crossing 1st candle's high.....???

Guys, My sincere advise:Before jumping on to to trade.. Please make sure that all the buy conditions are met..If CCI is not above 50 then its not a valid trade..Please stick to the rule.. If you identify anything new, then please feel free to share so that we all can improve the metho

Its better to initiate the trade on the trigger candle and if you miss the oppertunity wait for another trigger...let not emotion rule the mind!