Hi TP,
This is the beauty of Quadra. You need not be nervous as long as the EMA50 is above the price and is sloping downwards and the WMAs are in proper order (5 below 8 and 8 below 13). It will not allow you to exit in panic if you follow it seriously. Of course, in extreme reactions in market conditions or very favourable news for the scrip it will take the price up rapidly and still you will exit at SL with a small profit or small loss. But such extreme cases will affect any strategy very badly.
-Anant
This is the beauty of Quadra. You need not be nervous as long as the EMA50 is above the price and is sloping downwards and the WMAs are in proper order (5 below 8 and 8 below 13). It will not allow you to exit in panic if you follow it seriously. Of course, in extreme reactions in market conditions or very favourable news for the scrip it will take the price up rapidly and still you will exit at SL with a small profit or small loss. But such extreme cases will affect any strategy very badly.
-Anant