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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 (221 to 225 out of 225) -- Latest Replies are put on Top | First | << Previous | Next >> | Last |

THANKS SIR THIS IS WHAT I GOING TO KNOW FROM U, BUT U TELL IN ADVANCE.

A) to trade short-to-medium term in nifty

B) go to website (http://www.google.com/finance?q=NSE:.NSEI)

C) click on '3m' inside graph window

D) click on "technicals" below graph window.

E) Click on "add technical" 2 times

F) Select Exponential Moving Average (EMA) on both

G) Select 34 and 8 as period values respectively.

H) Now both the EMA lines are visible on the graph.

I) Now read the text of the post and check the graph for buy and sell points.

good technique...but we must not depend on this one technique only...one should add this as another reference point to be doubly sure.Am I right Mr. JS?

Now we are really overburden!You shared lots of strategy,still we want to find more.I think its better to stick one or two,which suits better, with strict discipline.Nevertheless thank you sir.

bhai Pls explain in layman language.

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