Quadra Safe Trading Strategy - I

[asnavale]

Hi, SG

I can not upload the chart, so I am giving the link below, please comment on the entry for Balrampur Chini. It looks, like we can enter, please let me know.

http://www.icharts.in/charts-premium.html

Thnx n BR

Hi Sanju,

It is late to enter BALRAMCHIN now. The BUY trigger was on 3-7-2012 and Entry on 4-7-2012. The price has already gone up by 4.9% on Closing basis. It may see resistance around 60. Wait for next chance or take another scrip.

-Anant

 

[Aloakdutt]

The download link to the Quadra AFL was given by SG in the following post

Link to Download Quadra AFL

-Anant

Dear Anant,

I requested for the the pic Version 1.22 EOD Quadra that you have uploaded.

The other one which SG uploaded i am testing it on Live market fo 5 and 15 min and 30 min .

Thanks
Aloakdutt

 

[Aloakdutt]

here is the pic for today 15 TF , based on this i brought PE 5100 and made 482.50 profit today, even though market was in range. i was satisfied with the profit and closed.

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[Aloakdutt]

Another for 5 Min TF

 

[asnavale]

Dear Anant,

I requested for the the pic Version 1.22 EOD Quadra that you have uploaded.

The other one which SG uploaded i am testing it on Live market fo 5 and 15 min and 30 min .

Thanks
Aloakdutt

Hi Aloak,

Version 1.22 of Quadra is not yet released or uploaded. Need some more tweaks before uploading.

-Anant

 

[aimer]

Hello SG Sir,
Just wanna know whether it is possible to get 10% return per month consistently from Indian market? I am not being specific to any method or any AFL, but is it logically possible real time and not on Excell...
I know a Senior Trader like u will only be able to answer this question from ur past experience...

Thanks In advance, Sir...

 

[sanjuasrani]

Hi Sanju,

It is late to enter BALRAMCHIN now. The BUY trigger was on 3-7-2012 and Entry on 4-7-2012. The price has already gone up by 4.9% on Closing basis. It may see resistance around 60. Wait for next chance or take another scrip.

-Anant

Dear Anant,

Thanks for the help, I felt as such. I just wanted to confirm that I was reading the chart correctly. Which you confirmed for me (Thanks again)

Yes, it will hit the resistance @ 60, and then let us see what happens.

Thnx n BR
SA

 

[sanjuasrani]

Hello sanjuasrani,

If you can take a screenshot and save the chart to a picture file, you can upload the picture file to an external service like www.tinypic.com or www.imgur.com.

Please check my signature for how to upload images.
.
.

Thanks TP,

I will do it the next time.

Thnx n BR
SA

 

[GRORICH]

Hi,

I have explained some of the points earlier. I am repeating here:

The comments are based on some of the observations I made.

1) When EMA50 is inside, there are more chances that the trigger turns out false especially when the trigger is on a red candle and EMA50 is inside. It is not a rigid rule but an observation

2) When the trigger is on a red candle, it is advised to watch the next candle carefully before entering, if next candle also is red and even if it takes out the high of the trigger candle, better wait.

3) Buy entry should be when EMA50 is rising. If it is downwards, don't enter even if other conditions indicate a Buy. If it is flat, wait for a direction to emerge.

4) Gap Up, Bar Splice and Bar Split indicate upwards trend. However if Gap Up is with a sizeable gap, better wait till some retracement takes place and Up trend resumes.

5) If a trigger appears on a candle which is much longer than average then there are more chances of retracement. So, wait till retracement ends and trend resumes.

These are for those who are new or who panic when price falls after entry. The above comments help in avoiding a few risky entries at the cost of getting early entries. When you aim at more safety, you will sacrifice some profit.

I am compiling all these observations and planning to post the follow up actions.

-Anant

Thank you very much for your kind explanations. it would help me and others to make correct trading decisions.

Regards

 

[asnavale]

Some of the Buy triggers Today(12-07-2012)

--------------------------------------------------------------------------
| STOCK SYMBOL | COMMENTS                                                |
|--------------|---------------------------------------------------------|
| CMC          | EMA50 inside other MAs, Long Green Candle,Wait          |
| ENIL         | EMA50 inside other MAs, Green candle, Gap Up            |
| GODREJIND    | EMA50 inside other MAs, Long Green Candle               |
| HCL-INSYS    | Red candle                                              |
| SUNDARMFIN   | Green candle                                            |
| TORNTPHARM   | EMA50 inside other MAs, Green candle                    |
--------------------------------------------------------------------------

-Anant