Intra day Strategy

By | August 8, 2008

BASIC RULE – LONG ABOVE 34EMA, SHORT BELOW 34 EMA ( BLACK LINE)

NOW TO ENTER SHORT TRADE I WILL WAIT TO CHECK WHERE DOES 3EMA(RED, GO BELOW 13EMA(GREEN)

3EMA IS ALREADY BELOW 13….(JUST TOUCHING FROM BELOW)
SO THE ONLY TRADE POSSIBLE AT 11 AM IN NIFTY IS I GO SHORT WITH SL JUST ABOVE 34EMA(BLACK) AND U SEE IT GIVES US HUGE FALL

DISCLOSURE – THIS SYSTEM IS NOT DISCOVERED BY ME, MANY EXPERIENCED TRADERS USE IT

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