Karthik's CRUDE Intraday Strategy

[onearth]

Example of today# 1-30 candle, open-3572, close-3569, 3 ema-3573.02.so open, close< 3ema. Sell condition fulfilled. Now high-3583, low-3563. So sell sl to be placed at high-8 points, therefore sell sl to be placed at 3563-8=3555. Now candles after this went over 3 ema. Later in the day it again and fulfilled the sell sl at 3555. That candle was a 8-30 pm candle. Target of 18 points got hit. Next candle made low 3486. Total of 69 points. Superb trade. Im refering to investing.com for the crude interactive chart.but my query was the one posted earlier. My thoughts are that it can trigger any time during the day, be it buy or sell but seeing the latest candle which has open, close above 3ema for buy and below for sell. I hjope you get my question and my study too. Thanks..

 

[Sammy.Young]

Come back Karthik with some good strategy

 

[shruti.trader]

Tried 10 trades on crude hourly chart... all 10 trades hit minimium 10 points when open and close above or below 3ema.

Super strategy.

(Just need to think of Stoploss level)

 

[shruti.trader]

Working perfectly on Nifty..But previous candle should be bullish too (if its big then more good - Previous candle , Open can below 3 ema)

 

[Sammy.Young]

Working perfectly on Nifty..But previous candle should be bullish too (if its big then more good - Previous candle , Open can below 3 ema)

Show ur intraday chart pls

 

[light2001]

Hii freinds,

Anyone use this stratigy.

What is reuslt in % or in points.

Thanks
:thumb:

 

[jpr99999]

good one and clear explanation. thank you for sahring your experience

 

[copperman]

Example of today# 1-30 candle, open-3572, close-3569, 3 ema-3573.02.so open, close< 3ema. Sell condition fulfilled. Now high-3583, low-3563. So sell sl to be placed at high-8 points, therefore sell sl to be placed at 3563-8=3555. Now candles after this went over 3 ema. Later in the day it again and fulfilled the sell sl at 3555. That candle was a 8-30 pm candle. Target of 18 points got hit. Next candle made low 3486. Total of 69 points. Superb trade. Im refering to investing.com for the crude interactive chart.but my query was the one posted earlier. My thoughts are that it can trigger any time during the day, be it buy or sell but seeing the latest candle which has open, close above 3ema for buy and below for sell. I hjope you get my question and my study too. Thanks..

Think should be low-8.Can you please elucidate sir.

 

[karthik_sri]

Think should be low-8.Can you please elucidate sir.

Yes copperman, it is Low (-)8...since it is a Short sell and in case of buy it should be High (+)8...

 

[wisp]

Yes copperman, it is Low (-)8...since it is a Short sell and in case of buy it should be High (+)8...

looks like a good system, Nifty fut today