Monday, January 30, 2012

ALSTOM : 31st Jan'12

SMO SAR TRADE TRIGGER: Condition 1: Price close <5DLEMA (already mentioned in prev post on 25th Jan'12) Condition 2: 5DEMA has gone BELOW 10DEMA ( on 27th Jan'12) ENTRY on 27th Jan'12: Gone short @ 362 SL: 5DHEMA +0.1% = 380 CMP on 30th Jan'12 : 333 GAIN IN TRADE : 29 pts Where to exit trade? 1. when dy/dx of 5DEMA changes SIGN ; or 2. Buy back @ SUPPORT ZONES : 315-322 (in spot) cheers SMO
Posted by at

2 comments:

  1. WaquarJanuary 30, 2012 at 10:45 AM

    Hey shri can u please elaborate on the dy/dx changes statement with an example...

    ReplyDelete
  2. shriramJanuary 30, 2012 at 9:08 PM

    Dear Waqx,

    That will remain my LITTLE SECRET if u dont mind.. :-)

    One hint for ur intelligent mind:
    Try modelling 5DEMA as a EVER CHANGING PARABOLIC CURVE y(x) = ax^2 +Bx + C , use the latest 5EOD data pts to plot this curve ....
    The work out Dy/dx everyday :-)

    And there u have it!

    cheers
    SMO

    ReplyDelete

Subscribe to: Post Comments (Atom)