MSCI INDIA INDEX

Jun 30, 2009

30TH JUNE UPDATE


SYSTEM GENERATED FRESH SHORT SIGNAL AS MIDDLE AVERAGE CROSSED SLOW AVERAGE AND FAST AVERAGE IS BELOW MIDDLE AVERAGE.
NIFTY IS TRADING AT 4325.

30th june update


--long initiated on 26th june when nifty was at 4280 closed today at 4370 with profit of 90 points as fast average crossed middle average.

Jun 29, 2009

29TH JUNE UPDATE

---LONG INTIATED IN NIFTY(FOURTH TRADE) AT 4280 STILL REMAINS OPEN AS THER WAS NO CROO-OVER OF AVERAGES HAPPENED TODAY.

Jun 27, 2009

26th june update


forth trade----
--system generated long call today when nifty was trading at 4280.

25th june update

----long initiated at 4290 closed today at 4260 with loss of 30 points.

24th june update

****third trade
--system genarated long when nifty was trading at 4290.

23rd june update

---short initiated at 4280 was closed today when nifty was trading at 4230 with profit of 50 points.

22nd june update

***first trade follow up
---short initiated in nifty at 4450 was closed at 4270 with profit of 180 points.
***second trade
---system generated short in nifty when nifty was at 4280.

17th june update

---sytem generated short on 17th june when nifty was at 4450.(first trade).

TRADING SYSTEM USING THREE AVERAGES

The system features three moving averages:
fast(green), middle(red) and slow(blue).

Entry points are determined by the middle moving average(red) crossing the long moving average(blue)
and exit points by the fast moving average(green) crossing the middle moving average(red):

Go long when:
middle moving average(red) crosses to above slow moving average(blue) from below;
AND fast moving average(green) is above middle moving average(red).

Close long when
fast moving average(green) crosses to below middle moving average(red) from above.

Go short when:
middle moving average(red) crosses to below slow moving average(blue) from above;
AND fast moving average is below middle moving average.

Close short when
fast moving average(green) crosses to above middle moving average(red) from below.

---please never trade against the system.
---once trade initiated as per system then you can use rsi,macd,bollinger band,slow stochastic or parabolic sar to close your trade.

trade-with-trading-system

--Most successful traders use a mechanical trading system.

--This is no coincidence.

--A good mechanical trading system automates the entire process of trading.

--The system provides answers for each of the decisions a trader must make while trading.

--The system makes it easier for a trader to trade consistently because there are a set of rules which specifically define what should be done.

--The mechanics of trading is not left up to the judgment of the trader.

--If you know that your system makes money over the long run it is easier to take the signals and trade according to the system during periods of losses.

--If you are relying on your own judgment during trading you may find that you are fearful just when you should be bold and courageous when you should be cautious.

--If you have a mechanical trading system that works, and you follow it rigorously your trading will be consistent despite the inner emotional struggles that might come from a long series of losses, or a large profit.

--The confidence, consistency, and discipline that a thoroughly tested mechanical system affords is the key to many of the most profitable traders’ success.