SH's MArket Correction Prediction Strategy

Sir, In 2009 on 15EMA Statergy,there was only One Trade taken in Nifty Futures.
On 13/3/2009 15EMA was Retested and we took the Opposite Position Trade on 22/4/2009 (after 5 Weeks) and Sold Nifty Futures@3370 with 15EMA of 22/4/2009, which was at 3252 as Target.
15EMA was again Retested on 16/6/2009 when the Nifty Futures was 4530 & 15EMA was 4466.
In a year we got only one trade and it gave us a loss of more than 1100 Points.
Sir, is my calculation wrong?

Regards
Karanm
Please check Nifty futures data, NF touched 15 EMA on 28th April and made a low of 3342.

Cheers
SH
 
dear trade hunter
thaku for your market correction stratrgy
nifty in next week remain bullish or bearish .is there any method to find, please guide me
 

Karanm

Active Member
I have not written about them on Traderji yet .. I dont want to flood Traderji with my strategies.

Cheers
SH
Sir, with due respect I would point out something with a hope that one of your Statergy will help me to build some Statergy to Trade in Stock market Profitabily. I may not be able to express my self with words but hope you will understand what I want to say.
I we buy Shares when PE of Nifty is below12 and Sell When PE of Nifty is above 22, Return from this Statergy is Excellent but the drawback is that in last 10 years, we got only 4 Trades.
So when I read your SH's MArket Correction Prediction Strategy, I am trying to adjust it with Nifty PE Statergy mentioned above. What I mean to say is when in Up Trend and 15EMA is not Retested for 5 weeks, I am presuming that is the point when I have to Quit my long position - Nifty PE is above 22 and build up Opposite position (Short Position), from this Point Price may rise for some time but ultimately it will come down and give us Profits. It is vice versa for Down Trend.
Sir, I am expecting app. 10 Trades in a year from a Statergy with a Risk/Reward Ratio of 1:1 and Success Ratio of app.80%
Sir, kindly guide me, honestly this can change my life.
Regards
Karanm
 

vinst

Well-Known Member
Sir, NF never touched the 15EMA on 28/4/2009. Low on 28/4/2009 was 3342.30 where 15EMA was 3330.25, so how Price 3342.30 can touch 15EMA 3330.25, kindly clariy.

Regards
Karanm
OHLC on 28-4-2009 was 3456 3456 3342 3362. So it is possible that ema15 might have been touched during some part of the day. closing values may not represent such intraday touching.

vin
 

Karanm

Active Member
OHLC on 28-4-2009 was 3456 3456 3342 3362. So it is possible that ema15 might have been touched during some part of the day. closing values may not represent such intraday touching.

vin
We are trading with EOD Data as advised by SH Sir and EOD data have one figure, hence no posibility of price touching the EMA.
 

Similar threads