SH's 315 Strategy - how to use if effectively

[nick721156]

Hi Nallan,

Firstly, it's an EOD chart with EMA 3 * EMA 15.

Secondly, to see the live charts, I mean to say the change in candle during the trading hours, you may need to register to Investbulls or some other service providers. I am currently using Investbulls, real time Java charts.

Dear brother Naveen,

How much do they charge for RT data? May I have their e-mail address?

Regards,


Raju

 

[nallan]

Dear brother Naveen,

How much do they charge for RT data? May I have their e-mail address?

Regards,


Raju

i trade from indiainfoline. do i get data from mthere?
i have not seen the EOD in study options in their terminal. Anybody can educate me on this?

 

[sujittalukder]

Nifty Future is showing buy point ie 3EMA crossed 15 EMA so Short initiated at around 5230 is now required to be squared off and initiate new long, if this crossover remins till 3:25 pm today
Regards
Sujit

 

[sujittalukder]

Sqaured off the short position and went long at 5310
regards
Sujit

 

[Tradewithhunter]

Sqaured off the short position and went long at 5310
regards
Sujit

Spot on Sujit - I am long now too.

If it whipsaws again .. i will go short again with a bigger position size.

Cheers
SH

 

[amitava82]

Spot on Sujit - I am long now too.

If it whipsaws again .. i will go short again with a bigger position size.

Cheers
SH

Why bigger position size if whipsaws? What is the technical reason for it?

 

[sujittalukder]

Spot on Sujit - I am long now too.

If it whipsaws again .. i will go short again with a bigger position size.

Cheers
SH

Me too have the query. Why shorting bigger positions?
Does bigger positions means more lot, say I am with one lot, bigger position means more than one lot?

Regards
Sujit

 

[naveenvadavadagi]

i trade from indiainfoline. do i get data from mthere?
i have not seen the EOD in study options in their terminal. Anybody can educate me on this?

Hi,

Even I trade from India Infoline. But IIFL is not having EOD datsbase. So I have subscribed to Investbulls.

They charge Rs 350.00 per month for Real time java charts. Their service is really good.

 

[nick721156]

Spot on Sujit - I am long now too.

If it whipsaws again .. i will go short again with a bigger position size.

Cheers
SH

Dear brother SH,

I, too, would like to know why bigger position size?

Regards,

Raju

 

[Tradewithhunter]

Why bigger position size if whipsaws? What is the technical reason for it?

Yes - a lot of technical reasons related to global markets - For eg a 5% to 10% correction is due on S&P right now before we get the final thrust to 1250-1350 on it.

Thats why my position size will be bigger on bearish signals than on bullish signals right now.

Secondly - the bearish crossover has already whipsawed and if this bullish signal also whipsaws..it will be two in a row. Usually Nifty and other volatile stocks give a good trending move after a couple of whipsaws.

Cheers
SH