SH's 315 Strategy - how to use if effectively

[itprodeepak]

Thank You Tradewithhunter for this awesome strategy

Just to tell you, I do only intraday trading that too with Nifty and Bank Nifty Futures.

Can u please tell me, if this strategy can be used for them and that too for intraday for long and short entry levels.


-Deepak

Yes Deepak,

I have used this stratgey on intra charts TF 5mns and 3EMA and 15EMA, same rules applied and it results in good profits,...

 

[rrmhatre72]

Yes Deepak,

I have used this stratgey on intra charts TF 5mns and 3EMA and 15EMA, same rules applied and it results in good profits,...

Which website/software used to plot chart?
Is it paid or free?
If paid what is cost?

 

[naveenvadavadagi]

Which website/software used to plot chart?
Is it paid or free?
If paid what is cost?

Hi,

I use Investbulls, which provides live charts[real time java charts] for most index futures and stocks. They charge 350.00 per month.

 

[pundit]

Yes Deepak,

I have used this stratgey on intra charts TF 5mns and 3EMA and 15EMA, same rules applied and it results in good profits,...

SH never recommended this strategy for interaday...

As per backtest results 315 did not give good results in interday trading.

 

[Tradewithhunter]

Correct ! please avoid using this strategy for intraday !

 

[Tradewithhunter]

Continue holding longs. Nifty has toched 5270 today !

Cheers
SH

NF scorches past 5300 like the ball Bhajji hit over the ropes to send pakistan packing !

What a shot (by both Bhajji and Nifty)!

Charts continue to suggest longs, so holding.

Cheers
SH

 

[simple_trader]

NF scorches past 5300 like the ball Bhajji hit over the ropes to send pakistan packing !

What a shot (by both Bhajji and Nifty)!

Charts continue to suggest longs, so holding.

Cheers
SH

3 EMA is much lower than current rate. Still do you suggest hold here??

I guess we are going to fall today or tomorrow to 5260-70 around. fingers crossed! However up trend is strong!

Happy trading!

 

[Tradewithhunter]

3 EMA is much lower than current rate. Still do you suggest hold here??

I guess we are going to fall today or tomorrow to 5260-70 around. fingers crossed! However up trend is strong!

Happy trading!

Yes some correction can come later this week ... that will be an opportunity to load soem more longs.

Cheers
SH

 

[rrmhatre72]

Yes some correction can come later this week ... that will be an opportunity to load soem more longs.

Cheers
SH

Hi TWH,

Do you suggest avg shorts & square them off during fall this week?
Then take long position.

 

[tmnkin]

F&O Crossover as on 21-Jun-2010

Entry date Scrip Action Reason Entry Price Stop Loss
21-Jun-2010 AXISBANK BUY 315 +Cross 1247.00 1215.83
21-Jun-2010 DLF BUY 534 +Cross 290.10 282.85
21-Jun-2010 ICICIBANK BUY 534 +Cross 899.00 876.53
21-Jun-2010 JPASSOCIAT BUY 534 +Cross 133.35 130.02
21-Jun-2010 SAIL BUY 315 +Cross 202.25 197.19
21-Jun-2010 TATASTEEL BUY 315 +Cross 505.30 492.67
21-Jun-2010 UNITECH BUY 315 +Cross 73.35 71.52


Cash Crossover as on 21-Jun-2010

Entry date Scrip Action Reason Entry Price Stop Loss
21-Jun-2010 AXISBANK BUY 315 +Cross 1246.40 1215.24
21-Jun-2010 DLF BUY 534 +Cross 289.85 282.60
21-Jun-2010 ICICIBANK BUY 534 +Cross 899.00 876.53
21-Jun-2010 JPASSOCIAT BUY 534 +Cross 133.35 130.02
21-Jun-2010 SAIL BUY 315 +Cross 201.75 196.71
21-Jun-2010 SESAGOA BUY 315 +Cross 388.10 378.40
21-Jun-2010 TATASTEEL BUY 315 +Cross 505.40 492.77