SH's 315 Strategy - how to use if effectively

[rrmhatre72]

Quotetracker is a software that has been mentioned many times in this thread before. It calculates last readings of the stock as closing irrespective of time and its realtime but supports only NSE Cash.

http://www.quotetracker.com/download.asp
Click few ad's just to support them.

After downloading, It ask for quote source & Index source.
Which option to be selected?

I can see only US stocks. How to get Indian stocks?

 

[VJAY]

hi
if anyone wants to trach this strategy in realtime with realtime quotes please send me a pvt message.
if you have amibroker it will be easier than tracking them thru excel sheets.
disclaimer:
i can reply you only on saturday due to my work nature
happy trading.

Dear tradetoagain,
If you had the excell file then please share it here if you don't mind...it will help many members here.....

 

[tradetogain]

Dear tradetoagain,
If you had the excell file then please share it here if you don't mind...it will help many members here.....

vijay
i dont have excel file to track this strategy.i use excel sheet to download realtime quotes from yahoo into amibroker and track the stocks i trade

 

[JackPotter]

@ SH and others: I've to exit Reliance Industries within 3-6 months. Although it was purchased as an IPO by my parents, I would like to maximize my profits using the 315 strategy. On daily charts, both EMAs (3 EMA going down) are converging as per the yesterday's EOD. Whereas on weekly charts both EMA's are still far from touching each other.

Considering the time-frame (3-6 months), my 315 exit strategy should be based on weekly charts. Is that correct? Also, once I exit it, I can't enter Reliance Industries or any other stocks again with that return.

 

[Tradewithhunter]

@ SH and others: I've to exit Reliance Industries within 3-6 months. Although it was purchased as an IPO by my parents, I would like to maximize my profits using the 315 strategy. On daily charts, both EMAs (3 EMA going down) are converging as per the yesterday's EOD. Whereas on weekly charts both EMA's are still far from touching each other.

Considering the time-frame (3-6 months), my 315 exit strategy should be based on weekly charts. Is that correct? Also, once I exit it, I can't enter Reliance Industries or any other stocks again with that return.

yes please base your exits from long term investments based on weekly charts.

Cheers
SH

 

[Tradewithhunter]

Hi - Yes markets rallied upto Diwali not ggiving any retracement to 6210.

3 EMA has been touched today at days low of 6291. As per the rules, the half quantity should be added back here.

However, given the markets are still struggling near all time highs.. I have decided not to buy those booked earlier, only holding my 50% longs now (which is my normal trade size anyways). I am still vary of my below post where the mkts are slated to correct to 100 EMA before mid January.

http://www.traderji.com/technical-a...ection-prediction-strategy-23.html#post481252

Cheers
SH

Hi Friends,

Just to update 315 nifty trade. As above, the leftover 50% longs were exited on Fridays days close at 6095 ....and shorted at the same level (normal quantity).

Cheers
SH

 

[tmnkin]

F&O Crossover as on 15-Nov-2010

Entry date Scrip Action Reason Entry Price Stop Loss
15-Nov-2010 ABAN SELL 534 -Cross 817.20 837.63
15-Nov-2010 CAIRN SELL 315 -Cross 331.20 339.48
15-Nov-2010 HDFC SELL 315 -Cross 714.30 732.16
15-Nov-2010 HDFCBANK BUY 315 +Cross 2385.50 2325.86
15-Nov-2010 JPASSOCIAT SELL 315 -Cross 128.75 131.97
15-Nov-2010 LT SELL 315 -Cross 2092.90 2145.22
15-Nov-2010 SBIN SELL 534 -Cross 3161.60 3240.64
15-Nov-2010 SESAGOA BUY 315 +Cross 342.35 333.79

Cash Crossover : 15-Nov-2010
Cash Crossover as on 15-Nov-2010

Entry date Scrip Action Reason Entry Price Stop Loss
15-Nov-2010 HDFCBANK BUY 315 +Cross 2384.80 2325.18
15-Nov-2010 SESAGOA BUY 315 +Cross 342.00 333.45

 

[rrmhatre72]

F&O Crossover as on 15-Nov-2010

Entry date Scrip Action Reason Entry Price Stop Loss
15-Nov-2010 ABAN SELL 534 -Cross 817.20 837.63
15-Nov-2010 CAIRN SELL 315 -Cross 331.20 339.48
15-Nov-2010 HDFC SELL 315 -Cross 714.30 732.16
15-Nov-2010 HDFCBANK BUY 315 +Cross 2385.50 2325.86
15-Nov-2010 JPASSOCIAT SELL 315 -Cross 128.75 131.97
15-Nov-2010 LT SELL 315 -Cross 2092.90 2145.22
15-Nov-2010 SBIN SELL 534 -Cross 3161.60 3240.64
15-Nov-2010 SESAGOA BUY 315 +Cross 342.35 333.79

Cash Crossover : 15-Nov-2010
Cash Crossover as on 15-Nov-2010

Entry date Scrip Action Reason Entry Price Stop Loss
15-Nov-2010 HDFCBANK BUY 315 +Cross 2384.80 2325.18
15-Nov-2010 SESAGOA BUY 315 +Cross 342.00 333.45

Hi Tmnkin,

Appreciate if you can tell what is the SL for Nifty trade which has given short signal on Friday closing?

 

[rrmhatre72]

Hi Friends,

Just to update 315 nifty trade. As above, the leftover 50% longs were exited on Fridays days close at 6095 ....and shorted at the same level (normal quantity).

Cheers
SH

thanks SH,

Entered in short trade @6106 today...

 

[tmnkin]

F&O Crossover as on 16-Nov-2010

Entry date Scrip Action Reason Entry Price Stop Loss
16-Nov-2010 ESSAROIL SELL 534 -Cross 136.00 139.40
16-Nov-2010 IFCI SELL 315 -Cross 72.50 74.31
16-Nov-2010 INFOSYSTCH SELL 534 -Cross 2975.75 3050.14
16-Nov-2010 RELIANCE SELL 534 -Cross 1034.70 1060.57
16-Nov-2010 STER SELL 315 -Cross 173.15 177.48
16-Nov-2010 TATASTEEL SELL 534 -Cross 604.00 619.10