Analysis on 16 Mar, 2012
GFZ
Today NF was playing around bottom of 30 mins but everytime it misses with 8 points. So no trade as per this.
30 mins range: 5368 - 5531
30 mins 15 ema: 5437
315
3 ema touched around 5470
I would average my longs around SST SAR & stop loss will be 5 points below that.
SMC
WOW
3 ema rule worked like a butter, gap down opened.
It does not matter what other strategies say about market, when this comes it works
I have seen most of the time say around 90%, It does not stop @ 3 ema & go much lower/higher than that.
SST
SL hit @ 5471, so as per this rule no trade taken under this strategy unless we have bullish candle above 15 ema.
As SH stated, bearish SAR will be 5542 & bullish SAR is 5344, so too much difference so no trade as per this system.
I would like to give weightage to these strategies as below
- SMC (winner)
- SST (1st runner up)
- GFZ (2nd runner up)
- 315 (3rd runner up) original strategy but still
So if i combine rule of 315 & SST, i should exit all longs when SL hit :thumb:
This is my views, I would also like to have views from SH, seniors to make it more profitable i.e. combining rules we have.