i am trader form chennai, i will be doing trading for last 3 years, i like share my trading Strategies with u all
1 rule, analyze the market in weekly chart
2rule,then come to day chat and analyze it
if the weekly chart up, and day chart also give a up signal .just buy the share with the stop loss of resent low
if the weekly chart is down ,and day chart also give u down signal .short sell the share (in f&o)with stop loss of resent high
ex
in wipro weekly chart buy signal came in 26.11.12
(i will use 26ema for signal line
if price go above the 26ema its bullish confirmation
if price go below the 26ema its bearish confirmation
i also use stochastic for overbought over sold levels )
then come to day chart
it will give me a buy signal at 18.12.12
so i bought wipro at 378 with stop loss of 366 (resent low)with a target of
400
(in day chart
i will use 25ema for a signal line
if price go above the 25ema its bullish confirmation
if price go below the 25ema its bearish confirmation
i also use stochastic for overbought over sold levels(5,15,5)
i will be following this strategy for 1 year
its gives me 143% return for that year
friends i want u do a back test it ,and try it
happy trading
(i will continue my post)
1 rule, analyze the market in weekly chart
2rule,then come to day chat and analyze it
if the weekly chart up, and day chart also give a up signal .just buy the share with the stop loss of resent low
if the weekly chart is down ,and day chart also give u down signal .short sell the share (in f&o)with stop loss of resent high
ex
in wipro weekly chart buy signal came in 26.11.12
(i will use 26ema for signal line
if price go above the 26ema its bullish confirmation
if price go below the 26ema its bearish confirmation
i also use stochastic for overbought over sold levels )
then come to day chart
it will give me a buy signal at 18.12.12
so i bought wipro at 378 with stop loss of 366 (resent low)with a target of
400
(in day chart
i will use 25ema for a signal line
if price go above the 25ema its bullish confirmation
if price go below the 25ema its bearish confirmation
i also use stochastic for overbought over sold levels(5,15,5)
i will be following this strategy for 1 year
its gives me 143% return for that year
friends i want u do a back test it ,and try it
happy trading
(i will continue my post)
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