SH's 315 Strategy - how to use if effectively

[tmnkin]

tmnkin,

I bookmarked your blog and looks nice..

On what basis the entry price and stop loss you calculated?

Entry price will be calculated as per cross over at 3.20 pm

stop loss i am just using 2.5%, i am bit conservative , so i fixed the profit of 5% and stoploss 2.5%.

 

[tmnkin]

Re: SH's 315 Strategy - how to use it effectively

Dear tmnkin,

Good initiative, thanks.

I see you have copied all my important posts and used my idea without mentioning my name or giving due credit to the originator on your blog .. ! :lol:

Anyways ... best of luck !

Cheers
SH

I am sorry for my mistake, i don't have any intentions to take credit for this sir, i will definitely update with credits.

i already gave credit to you in my blog, my first blog itself a credit blog to u sir

http://xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

 

[tmnkin]

sir my first post itself gives credit to sh

[URL="http://xxxxxxxxxxxxxxxxxxxxxx[/URL]

 

[ume68]

Dear SH,

Can I short nifty at the close.

Regards

 

[gsri]

Long in NF at 5056

regards
gsri

 

[itprodeepak]

Nifty Futures given Buy signal today EOD.

 

[spiritunit]

Nifty Futures given Buy signal today EOD.

But the 3EMA candle in not touching the body of the candle, so wait for the 3EMA touch on candle body, then go for long.

 

[gsri]

Sell Signal in NF

 

[Tradewithhunter]

Sell Signal in NF

Yes, positions reversed to shorts again....

As usual, after a good trending move from 5216 to 4800 in shorts .. Nifty retraced to 15 EMA, gave bullish signal and whipsawed today to give short signal again. This usually happens after a good trending move i.e a few whipsaws as the market goes into 'consolidation' or a range after a good trend.

My outlook remains bullish and will wait for the charts to give the buy signal to enter longs again. Until then, we will respect the charts and stay short.

Interestingly, 534 stays in short zone since 5141.

For people who want less whipsaws (at the cost of entering a trend late as well as exiting it late) ... they should trade 534 signals.

Cheers
SH

 

[nick721156]

Yes, positions reversed to shorts again....

As usual, after a good trending move from 5216 to 4800 in shorts .. Nifty retraced to 15 EMA, gave bullish signal and whipsawed today to give short signal again. This usually happens after a good trending move i.e a few whipsaws as the market goes into 'consolidation' or a range after a good trend.

My outlook remains bullish and will wait for the charts to give the buy signal to enter longs again. Until then, we will respect the charts and stay short.

Interestingly, 534 stays in short zone since 5141.

For people who want less whipsaws (at the cost of entering a trend late as well as exiting it late) ... they should trade 534 signals.

Cheers
SH

Dear SH,

Thanks for your valuable suggestion and views on the market from time to time. This helps all of us who are trying to have a good grip on your method.

Thanks again for your relentless selfless help.

Regards,

Raju