From here on I would request all traders to add two new rules while trading 315 ..
1. Two consective 3 EMA move against our positions should trigger exit and wait until 3 EMA starts coming back in line of 315 position. We re-enter again as soon as that happen
2. Use MA envelopes as posted under my 'greater fool zone' thread to exit close to tops and bottoms. when that happens, exit futures and buy some calls from the profit .... the calls should be exited base on rule number 1 (i.e if 3 EMA starts trending against 315 position).
I will add it formally now under 315 thread.
Cheers
SH
1. Two consective 3 EMA move against our positions should trigger exit and wait until 3 EMA starts coming back in line of 315 position. We re-enter again as soon as that happen
2. Use MA envelopes as posted under my 'greater fool zone' thread to exit close to tops and bottoms. when that happens, exit futures and buy some calls from the profit .... the calls should be exited base on rule number 1 (i.e if 3 EMA starts trending against 315 position).
I will add it formally now under 315 thread.
Cheers
SH
yes we exited short pos on 29thas per new rule...now today are we not again enter short @touch of 15 ema?(though bar not touched 15 but jumped abv it ) OR we wait for 3ema come inline with short pos?means again consecutive 2 days down 3ema...Please clear this doubt....