SH's 315 Strategy - how to use if effectively

[Tradewithhunter]

http://www.traderji.com/technical-a...ection-prediction-strategy-22.html#post475491

Cheers
SH

 

[dp33770]

Hi SH,
I am reading this thread from past few days and its quite interesting.
First of all Thanks a lot for sharing this nice strategy with all of us.
I am tring to understand this method and attching the 315 method for DLF based on my understanding.
Could you please check the chart and let me know if my understanding of 315 strategy for going long is correct or not .

Below is my description for the chart . For 16th Aug I missed it in showing in chart.

10th Aug - Long
12th Aug - SL hit

16th Aug -Long
20th Aug -Profit book

23rd Aug - Long
25th Aug - SL hit

09 Sep - Long
24 Sep - 2nd Lot for Long
Till Date - Long continues

Thanks,
Deep

 

[pundit]

Hi SH,
I am reading this thread from past few days and its quite interesting.
First of all Thanks a lot for sharing this nice strategy with all of us.
I am tring to understand this method and attching the 315 method for DLF based on my understanding.
Could you please check the chart and let me know if my understanding of 315 strategy for going long is correct or not .

Below is my description for the chart . For 16th Aug I missed it in showing in chart.

10th Aug - Long
12th Aug - SL hit

16th Aug -Long
20th Aug -Profit book

23rd Aug - Long
25th Aug - SL hit

09 Sep - Long
24 Sep - 2nd Lot for Long
Till Date - Long continues

Thanks,
Deep

2nd lot to be added when candle touches 15 ema again.

 

[Visualize]

@dp33770, Buy or short only on crossovers if not the same day then the next. You should go through effective add rules once again. Have a look @ the chart below.

 

[Tradewithhunter]

Hi Friends,

Last year someone asked me to create an excel file with 315 results. I did that upto Nov 2009 and uploaded it to TJ website.

This weekend I took out some time and updated it further to current date. These trades are based on 315 rules and though I have tried to capture significant ADD or profit booking points, I have ignored any small profit booking point for the sake of ease.

I am posting the updated excel file below, these are a reflection of 315 trades and I might or might not have traded based on below in my personal account. (in case someone in tax dept is reading it )

more than 400% profits in 2 years based on 315 ... are you still searching for a holy grail???? :lol:

Cheers
SH

 

[VJAY]

Hi Friends,

Last year someone asked me to create an excel file with 315 results. I did that upto Nov 2009 and uploaded it to TJ website.

This weekend I took out some time and updated it further to current date. These trades are based on 315 rules and though I have tried to capture significant ADD or profit booking points, I have ignored any small profit booking point for the sake of ease.

I am posting the updated excel file below, these are a reflection of 315 trades and I might or might not have traded based on below in my personal account. (in case someone in tax dept is reading it )

more than 400% profits in 2 years based on 315 ... are you still searching for a holy grail???? :lol:

Cheers
SH

Dear SH,
Am not gone through full report though...but checked last 4moths have some doubts please throw some light ....

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[Tradewithhunter]

Dear SH,
Am not gone through full report though...but checked last 4moths have some doubts please throw some light ....

Hi Vjay - As i have written in my post, I have ignored these small profit booking points (3 EMA not touching candles and then subsequent re-entry on 3 EMA touch) for the sake of administrative ease.

You can include all these and the profitability will go up !

Cheers
SH

 

[rrmhatre72]

Hi Vjay - As i have written in my post, I have ignored these small profit booking points (3 EMA not touching candles and then subsequent re-entry on 3 EMA touch) for the sake of administrative ease.

You can include all these and the profitability will go up !

Cheers
SH

Hi SH,

one more query....

One of the comment in the file is "3 EMA not touching candle at open price".
Till now, I was thinking it was EOD statergy & if candle is not touching in whole day then only we need to take action accordingly.
Appreciate if you can elobrate on how should we monitor the opening price & how should we react to it?

 

[tmnkin]

F&O Crossover as on 12-Oct-2010

Entry date Scrip Action Reason Entry Price Stop Loss
12-Oct-2010 HDFC SELL 315 -Cross 710.95 728.72
12-Oct-2010 HDIL SELL 315 -Cross 269.60 276.34
12-Oct-2010 LT SELL 315 -Cross 2011.00 2061.28
12-Oct-2010 NTPC SELL 315 -Cross 211.75 217.04
12-Oct-2010 TATASTEEL SELL 315 -Cross 635.90 651.80

 

[Tradewithhunter]

F&O Crossover as on 12-Oct-2010

Entry date Scrip Action Reason Entry Price Stop Loss
12-Oct-2010 HDFC SELL 315 -Cross 710.95 728.72
12-Oct-2010 HDIL SELL 315 -Cross 269.60 276.34
12-Oct-2010 LT SELL 315 -Cross 2011.00 2061.28
12-Oct-2010 NTPC SELL 315 -Cross 211.75 217.04
12-Oct-2010 TATASTEEL SELL 315 -Cross 635.90 651.80

WOW - a lot of scrips generated sell signal today with no buy signal on any scrip .... ! Interesting !

Cheers
SH