trade with single moving average in intraday with 30 minute chart .

rajsumi121

Well-Known Member
#12
How is the target decided in your strategy ?
Target with money management .. risk -reward = 1:2 ( stoploss 1 rs target 2rs:clap::clap::clapping: )
 
#14
?? Sell signal generated ??
My bad.. it isn't sell signal. Presently, just "Cross Candle" is generated. Now we wait for next 3 candles to enter shorts..

What if it doesn't go below the low of Cross Candle in next 90 min ?? What if it crosses the high of Cross Candle ?
 

rajsumi121

Well-Known Member
#15
My bad.. it isn't sell signal. Presently, just "Cross Candle" is generated. Now we wait for next 3 candles to enter shorts..

What if it doesn't go below the low of Cross Candle in next 90 min ?? What if it crosses the high of Cross Candle ?
its perfect sell call because in very next candle after cross candle .... cross candle low broke .


2nd= if cross candle high breached 1st .. before breaching low then please ignore that signal .
 
#17
Let's see if 5334.80 (cross candle high) is breached before 5316.00 (cross candle low). 90 min wait.
The next candle has made a high of 5334.90. The difference is minor so considering cross candle high as not breached. 5316 still holds.
 
#18
5316 breached !!! The new low is 5312 (so far). So do we consider the "sell" as confirmed ? Or has the breach of the high by 0.10 pt nullified the signal ?

Guys, please comment.
 

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