315 Trades - based on SH 315 System

[vmktrade]

the base of this system is daily time frame...

Ayush,
In that case the daily candle will not form till the close right ?
then how do we take a decission at 03.20PM or so...as stated in SH's thread.

so If I understand correctly....we have to look at the EOD chart and then entre into trade first thing when market opens....but we may loos on gap up / donw..right?

I am relatively new to this..so...please bear with me for silly questions

 

[trade4joisar]

Ayush,
In that case the daily candle will not form till the close right ?
then how do we take a decission at 03.20PM or so...as stated in SH's thread.

so If I understand correctly....we have to look at the EOD chart and then entre into trade first thing when market opens....but we may loos on gap up / donw..right?

I am relatively new to this..so...please bear with me for silly questions

Yes, @ 3:25 PM.

Icharts.in gives paid live charts.

Not always but sometimes next day you get better price & sometimes you missed trade if next day it start moving strong towards the trend.

 

[FanaticTrader]

Hi FT

what is the time frame that you use on charts to apply 315 rules?

Hi VMK,

As per rules laid by SH, we use daily TF which means that we take our trading decision based on candle formed on charts which represent open, high, low, close of day. In order to use the setup one would need a tool/software which would update the daily candle on real time price action. Towards the close of the session based on price level one needs to take a call.

 

[FanaticTrader]

Date : 06th March 2012
Setup : SH's 315
Group : CNX 500

Bullish Crossover

BHARATFORG
CANFINHOME
EMAMILTD
GEOMETRIC
ITC
PHOENIXLTD
RALLIS
SUPREMEIND

Bearish Crossover

ACC
APOLLOTYRE
APTECHT_T
BALLARPUR
BANKBARODA
BERGEPAINT
BOMDYEING
CADILAHC
CENTRALBK
CENTURYTEX
DEEPAKFERT
DREDGECORP
ELECTCAST
FSL
GEOJITBNPP
GITANJALI
GMDCLTD
GUJFLUORO
GUJNRECOKE
GVKPIL
HEXAWARE
HOTELEELA
INDIACEM
INDIAINFO
JMFINANCIL
JSWENERGY
LITL
MADRASCEM
MAHLIFE
MERCATOR
MOSERBAER_T
MRPL
MTNL
NCC
NILKAMAL
NMDC
ORCHIDCHEM
PATNI
RCOM
REIAGROLTD
RENUKA
STRTECH
SUNTV
SUZLON
SYNDIBANK
TAJGVK
TATACOMM
TATAMETALI_T
TATAPOWER
TRENT
UFLEX
UNITY
USHAMART
VESUVIUS
VIDEOIND
WELCORP

 

[Tradewithhunter]

Date : 06th March 2012
Setup : SH's 315
Group : CNX 500

Bullish Crossover

BHARATFORG
CANFINHOME
EMAMILTD
GEOMETRIC
ITC
PHOENIXLTD
RALLIS
SUPREMEIND

Bearish Crossover

ACC
APOLLOTYRE
APTECHT_T
BALLARPUR
BANKBARODA
BERGEPAINT
BOMDYEING
CADILAHC
CENTRALBK
CENTURYTEX
DEEPAKFERT
DREDGECORP
ELECTCAST
FSL
GEOJITBNPP
GITANJALI
GMDCLTD
GUJFLUORO
GUJNRECOKE
GVKPIL
HEXAWARE
HOTELEELA
INDIACEM
INDIAINFO
JMFINANCIL
JSWENERGY
LITL
MADRASCEM
MAHLIFE
MERCATOR
MOSERBAER_T
MRPL
MTNL
NCC
NILKAMAL
NMDC
ORCHIDCHEM
PATNI
RCOM
REIAGROLTD
RENUKA
STRTECH
SUNTV
SUZLON
SYNDIBANK
TAJGVK
TATACOMM
TATAMETALI_T
TATAPOWER
TRENT
UFLEX
UNITY
USHAMART
VESUVIUS
VIDEOIND
WELCORP

When you see more bearish crossovers than bullish crossovers you clearly know how the overall market breadth and trend is changing ....

Sell in March and go away it seems...!!

Cheers
SH

 

[FanaticTrader]

Date: 09th March 2012
Setup : SH's 315
Group : CNX 500

Bullish Crossover

APOLLOTYRE
APTECHT_T
EXIDEIND
HEXAWARE
INDIANB
INFY
POLARIS
RAYMOND
SUNDRMFAST
SUPPETRO
SYNDIBANK
ULTRACEMCO
WIPRO

Bearish Crossover

AUROPHARMA
BAJAJHIND
BOSCHLTD
COALINDIA
DENABANK
GODREJPROP
HTMEDIA
IDFC
IOC
JAICORPLTD
KCP
KOTAKBANK
MAX
POWERGRID
RELCAPITAL
SHOPERSTOP
TATACHEM
THERMAX
VSTIND

Note : Please refer to charts for correct price levels for making decision

 

[FanaticTrader]

USDINR give a strong bullish crossover today. The session was indicated by Open=Low condition which is a very bullish sign. Towards the end the EMA did manage to touch candle. Positions taken on long side @ 50.15

Uploaded with ImageShack.us

Very strong move of over 2% given by USDINR. Booked profits @ 50.5 and now waiting for re-entry on price touch of 3 EMA

Uploaded with ImageShack.us

 

[VJAY]

Dear FT,
Are you backtested 315 in USDINR?If so please share the report...

 

[timepass]

On the daily, it will touch 15EMA around 5369. Should we short then ? It is already in GFZ on the 30 min.

 

[FanaticTrader]

Dear FT,
Are you backtested 315 in USDINR?If so please share the report...

Dear VJAY

I have not back tested this setup on USDINR. On visual interpretation of last couple of years of data I felt that it tends to give you good trending moves and decided to trade it as well.