Trading with Median lines is a system and a leading indicator suitable for Swing trading.I am following this strategy for Nifty and Bank Nifty with good results.Those interested to trade with Charts and Price action to analyse target price, support and resistance levels will find this strategy very interesting.
Feedback welcome!Happy trading...
Sunday, January 16, 2011
Trade Analysis-Nifty 14th Dec 2010-13th Jan 2011
30 min charts with Median line Entries and exits
My charts with median lines for this period with trade entries and exits with the median lines .
Hi veer I don't have extensive reference on schiff lines but it is used when the angle of slope of ML is too steep to describe the prices. Link on using schiff lines by Tim morge http://vimeo.com/4982412 Another link Tim morge interaction with other forkers.Interesting and informative read... http://www.forexfactory.com/showthread.php?t=76597&page=23
I'm also in the process of testing and refining the rules for my trades and the above are my recent studies .I have not captured all the moves perfectly and hope to increase my win loss ratio.Will share what I learn.
Hi Kavima
ReplyDeleteVery very useful and practical - your posting of trading analysis with detailed explanation of trade set ups.
Just one request- I want to know more about "Schiff ML" - if you have any other link (or) write ups that will be helpful. Please provide the same.
Regards,
Veer
Hi Kavima,
ReplyDeleteCan we use 5 & 10-EMA instead of 5 & 20-EMA to capture the early entry?
Regards,
Veer
Hi veer
ReplyDeleteI don't have extensive reference on schiff lines but it is used when the angle of slope of ML is too steep to describe the prices.
Link on using schiff lines by Tim morge
http://vimeo.com/4982412
Another link
Tim morge interaction with other forkers.Interesting and informative read...
http://www.forexfactory.com/showthread.php?t=76597&page=23
I'm also in the process of testing and refining the rules for my trades and the above are my recent studies .I have not captured all the moves perfectly and hope to increase my win loss ratio.Will share what I learn.
One more link on trading setups
ReplyDeletehttp://www.trading-naked.com/AndrewsPitchfork.htm
Thanks Kavima.
ReplyDeleteRegards,
Veer