SH's Intraday Strategy - ELH5

Hi everyone

Today ELH5 results

30-Sep NF Oct
1 11.50 Sell triggered
5809 5829 5789 20
2 13.10 Sell triggered
5799 5819 5806 -7
3 13.40 Buy triggered
5805 5785 5825 20
4 14.50 Buy triggered
5807 5787 5796 -11

22 points profit in 4 trades

Prem
 

angira

Well-Known Member
Hi,

Today's NF Oct Series
1-Oct
9.35 Sell triggered
5790 5810 5805 -15
9.55 Buy triggered
5795 5775 5794 -1
2 consecutive loss so no more trading

16 points loss in 2 trades

Prem
In your second trade i think u exited earlier bcoz after 10AM Nifty have made Low near 5791.

angira...
 

angira

Well-Known Member
Hi angira,

As per my understanding of this system after 9.55am the 10.25 and 10.30 candle close where outside EMAL5 so I exited.
Please do correct me if I am Wrong.
Prem
Ok, i've not read all pages of this thread.
As per rules at page 2, i understand only that after buy/sell set SL 20 within TGT 20 points.
May be i missing something.

So, if we take Buy then if candle close outside EMAL5 then CLOSE trade.
Same rules for Sell. Am I right or not?

thanks,
angira...
 
Ok, i've not read all pages of this thread.
As per rules at page 2, i understand only that after buy/sell set SL 20 within TGT 20 points.
May be i missing something.

So, if we take Buy then if candle close outside EMAL5 then CLOSE trade.
Same rules for Sell. Am I right or not?

thanks,
angira...
Hi angira,
I think that is it. But any senior member can correct us, so that we can understand it properly.

Thanks
Prem
 
Hi Everyone,

With this strategy today NF Oct series 9 points loss
I am following it strictly and still paper trading. I would like to see positive results of this then trade live.

3-Oct
10.05 Buy triggered
5911 5891 5931 20
12.20 Buy triggered
5934 5914 5925 -9
13.10 Sell triggered
5935 5955 5955 -20
2 consecutive loss so no more trading
Prem
 

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