Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

Nifty Candle Closes Exactly Below 31 day EMA

28 sec read


 

Here is a strategy from Geniusjaggu
 
Nifty Breaks 31 day EMA finally and closed exactly below 31 day EMA as per daily charts. Now Iam
99.9% confident that nifty will tank 20-30% from current levels. Avoid longs till
February End. Let the Weekly RSI-2 dips below 5.
 
 
Jaggu claims that it is a Unviersal rule. 31-EMA formula is 99% perfect in predicting correction..if its 120% of EMA…
go ahead and short the market and the entire market crumbles. EMA formula works for ALL MKTS..  And the
correction will again it to 70-75% of 31day EMA
 
Jaggu the credit goes to you. So Iam Expecting the strategy to be explained in your blog!!!!
I think you will be more confident than me…..

Thanks Jaggu

 

 

Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

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