(MCX Comedy..Errr. Commodity) - How to Fake your Trade

[aragg1972in1]

Interpret what happens when crude closed/below above 10ema. There would be whipsaws sometimes but we are looking at 80-180 point rewards. 4-hour chart

On close on one side of 10 EMA, generally it goes in that direction. Sometimes whipsaws are also there. Day chart below with whipsaws (per my understanding) marked in red rectangles.
Also posting 4H chart (from zerodha pi as not available in kite)

 

[Tuna]

Dont go by Visual interpreatation - code and backtest. I will do it for you

 

[Silentshadow]

Hey Tuna,
That would be awesome. Can you throw some filters as per your expertise as well over there. Would love to see the outcome if you dont mind that is. Will also share one more trick based on BB and EMA cross-over its been hidden for ages but think will throw that over here for benefit of limited audience. Works on volatile stocks as well

Dont go by Visual interpreatation - code and backtest. I will do it for you

 

[Silentshadow]

Short 3405 | buy 3417 (Martingale+timezone+filter amalgamation again)

50% long booked at 3423 holding rest for 28 with a SL of 13​

Long SL -10 points doubles the lot size and went short @ 3436. Covered 50% @ 5 points rest TSL to 3436 - target 26
Trust you folks get the drift what we are doing over here

 

[Tuna]

Crude is a Short

 

[Apacheindian]

Crude is a Short

It has support near 3405-3410..!


Sent from my iPhone using Tapatalk

 

[Tuna]

Booked 6 point loss Out for now.

 

[Just-Trade]

Booked 6 point loss Out for now.

tuna bhai..thoda jaldi kar diye..
i feel it will certainly come down. Wont go up more than 3443

Just-Trade

 

[Tuna]

Kal jaise fir karnege, ane do upad, fir thokenge,

 

[Tuna]

Short @ 3430