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Deadly combination of 34 and 8 .(Js)

From : Jagmohan Singh at 09:16 PM - Feb 23, 2010 ( )
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This is the next version of EMA crossover strategy.

(This was shared by Mr.Partha in Mudraa last week but got ignored somehow. This is too good to be ignored. You are missing a Jackpot. This single strategy is enough to make good money. Pl note that this is not for Day Trading but amazingly effective for short-to-medium term trading.)

The difference in this strategy is that here there are 3 characters instead of two.

1) EMA 34 line

2) EMA 8 line

3) Priceline

EMA 34 is effectively 1 month weighted average

EMA 8 is effectively 1 week weighted average

A) When price cuts EMA 34 from below, Buy.

Square off when it cuts EMA 8 from above.

If it again goes above EMA 8 , buy again.

.....

B) If the price cuts EMA 34 from above, Short.

Square off when it cuts EMA 8 from below.

If it again dips below EMA 8, short again.

The buy or sell has to be decided near market close so that it is confirmed that "the cut" has decidedly taken place.

Also EMA strategies work even better in trending markets. No harm in waiting till range bound movement.

Hoever, I prefer doing it without bothering whether it is trending or ranging, otherwise you may miss a sudden big move.


In Reply to above Message (21 to 40 out of 225) -- Latest Replies are put on Top | First | << Previous | Next >> | Last |

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From : Julius Jr at 09:50 PM - Jul 12, 2011 ( )


JackPot





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From : Prakash Nithyananda at 06:04 PM - Jul 12, 2011 ( )


sardarji  ur  ideas   your shortstories    every  thing  is  wonderful





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From : Gururaj Kulkarni at 06:01 PM - Jul 12, 2011 ( )


Sorry for typing mistake.

My question is ; Should we immediatey enter the cross over or wait for some time to confirm it?





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From : Gururaj Kulkarni at 06:00 PM - Jul 12, 2011 ( )


Thank you for your prompt reply.

This trading system is superb. Smile

As you suggested, this works even for most of the stocks.

My question is ; should we immediatey enter the cross over are wait for some time to confirm it?

Ofcourse the wait will be at cost.

Consider the current nifty levels





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From : Julius Jr at 03:52 PM - Jul 12, 2011 ( )


Target?

 

Who knows till it break 8 EMA!





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From : Julius Jr at 03:51 PM - Jul 12, 2011 ( )


@Mr.Jayesh Zaveri,

Its not an day trading strategy - the EMAs can be get from Daily Chart

or from Individual Calculations.

Hope you take 34 & 8 EMA from your intraday chart - Please read the

article!

 





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From : Jayesh Zaveri at 03:40 PM - Jul 12, 2011 ( )


Sir please say where I will get 34day EMa and 8 day EMA?





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From : Jayesh Zaveri at 03:10 PM - Jul 12, 2011 ( )


SL for 12/07/2011@5627+

*Spot Price.

Sir Target?





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From : Jayesh Zaveri at 02:52 PM - Jul 12, 2011 ( )


At what level it will be EMA 8 line?





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From : Thangavel M at 02:52 PM - Jul 12, 2011 ( )


thank u sir





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From : Julius Jr at 02:49 PM - Jul 12, 2011 ( )


@Mr.Gururaj,

No difference. But take past data of the instrument you want to trade.

Check out entry - exit - sl in past - Also checkout overall profits in

3-6 months period.  If you have confidence in that you can.

Regards,

J.R.Julius





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From : Julius Jr at 02:45 PM - Jul 12, 2011 ( )


@Mr.Thangavel,

Yes today 34EMA is 5544 in spot.

Regards,

J.R.Julius





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From : Julius Jr at 02:21 PM - Jul 12, 2011 ( )


SYSTEM  - Follow Up From July 12, 2011

System Short From 5544-

SL for 12/07/2011@5627+

*Spot Price.





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From : Thangavel M at 12:27 PM - Jul 12, 2011 ( )


JULIUS SIR ANY SHORT CREATED FROM IN THIS SYSTEM?





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From : Gururaj Kulkarni at 01:34 PM - Jul 11, 2011 ( )


Is this the strategy for index only or Can we use the same strategy for stocks also?





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From : Julius Jr at 01:17 PM - Jul 11, 2011 ( )


SYSTEM  - Follow Up From June 24, 2011

System Long From 5466+

TSL for 11/07/2011@5629-

*Spot Price.

 

Exit Triggerd for Long from July 24th.

163+





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From : Julius Jr at 10:21 AM - Jul 08, 2011 ( )


SYSTEM  - Follow Up From June 24, 2011

System Long From 5466+

TSL for 08/07/2011@5620-

*Spot Price.





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From : Vadi Raja at 04:10 PM - Jul 06, 2011 ( )


Good going !!!!





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From : Julius Jr at 03:46 PM - Jul 06, 2011 ( )


WHENEVER I HAVE TIME - I'LL TRY TO UPDATE THE NEW ENTRY SIGNALS.

 





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From : Julius Jr at 03:43 PM - Jul 06, 2011 ( )


SYSTEM  - Follow Up From June 24, 2011

System Long From 5466+

TSL for 07/07/2011@5588-

*Spot Price.




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