SH's 315 Strategy - how to use if effectively

[Tradewithhunter]

Hi friends,

Markets are trending beautifully ... hope people are holding longs based on 315 till today open .. I have exited longs at 4950 today since 3 EMA was not touching the EOD candle.


by the way, i discovered a tool (though paid but fee is ver small) which can scan EOD charts based on candlestick patterns and techinical indicators like EMA crossovers, MACD, RSI, you just name it indicator to give buy/sell signals.

I will post some trade ideas here (positionals) based on 315 here.

I traded Sesa Goa based on the scan result and it rocked !!

Cheers
SH

 

[AlokTewari]

SH,
Which tool is this ? where to subscribe, cost , what all it can do ? Please let me know if you can

Cheers !!!!

 

[vvkrbb]

It is sure that SH's 315 techniques have been appreciated by many.
But being a beginner in stock trading.....
I am not able to understand EMA and all these thihngs.
Is it possible to explain in detail, in simple terms, how a beginner can use it
effectively with one or two example?

Thanks a lot.
VVKRBB

 

[Tradewithhunter]

SH,
Which tool is this ? where to subscribe, cost , what all it can do ? Please let me know if you can

Cheers !!!!

Hi - its a tool named 'Chart Alert' and can be downloaded from www.chartalert.com. They have a trial version available for 1 month for Rs 995.

I found it very very useful as a user.

Cheers
SH

 

[Tradewithhunter]

It is sure that SH's 315 techniques have been appreciated by many.
But being a beginner in stock trading.....
I am not able to understand EMA and all these thihngs.
Is it possible to explain in detail, in simple terms, how a beginner can use it
effectively with one or two example?

Thanks a lot.
VVKRBB

Hi VVKRBB,

If you are completely new to technical analysis, you should do some self study . I can recommend a book 'Come into my Trading room' by Elder Alexander as a good way for you to learn about markets and technical analysis. You can also visit http://stockcharts.com/school/doku.php?id=chart_school for some basic understanding.

Once you are comfortable with the basics, all the discussions here will start making sense to you.

All the best.

Cheers
SH

 

[vishalalluri]

Hi friends,

Markets are trending beautifully ... hope people are holding longs based on 315 till today open .. I have exited longs at 4950 today since 3 EMA was not touching the EOD candle.


by the way, i discovered a tool (though paid but fee is ver small) which can scan EOD charts based on candlestick patterns and techinical indicators like EMA crossovers, MACD, RSI, you just name it indicator to give buy/sell signals.

I will post some trade ideas here (positionals) based on 315 here.

I traded Sesa Goa based on the scan result and it rocked !!

Cheers
SH

hi tradehunter

will have a look at the tool

 

[sherbaaz]

Hi all,
Although new to this website and to this thread. But I have been into trading for quite some time.I am a pure intraday trader on nf. I have read the same strategy on www.icharts.com. 3-15 EMA's are good if I analysis them with other combinations of ema's, 3-15 works better.

Hi SH chatted with you sometime ago in SB. Good work done by you on this strategy.

Although i dont trader positional but combining 315 with my other tools gives good results not only in positional trading but also intraday day even on 5 minute TF.

I suggest if anyone is using 315 strategy in intraday trading use them with floor pivots and candlesticks (great follower of this art). It gives you good profit points daily. As i myself have these three tools in my tool boox for intraday trading.

Rgards,
Sherbaaz

 

[bandlab2]

hi sherbaz,
can you tho more light on yr intraday methos using 315 and pivots? please give an example with charts to understand bette

Hi all,
Although new to this website and to this thread. But I have been into trading for quite some time.I am a pure intraday trader on nf. I have read the same strategy on www.icharts.com. 3-15 EMA's are good if I analysis them with other combinations of ema's, 3-15 works better.

Hi SH chatted with you sometime ago in SB. Good work done by you on this strategy.

Although i dont trader positional but combining 315 with my other tools gives good results not only in positional trading but also intraday day even on 5 minute TF.

I suggest if anyone is using 315 strategy in intraday trading use them with floor pivots and candlesticks (great follower of this art). It gives you good profit points daily. As i myself have these three tools in my tool boox for intraday trading.

Rgards,
Sherbaaz

 

[sherbaaz]

Hi All,

Since most of the discussion here is on icici,dlf,ril & nf I would like to share with you my findings on icicibank. I hope it would be usefull to all of you. and you use the 315 effectively.

1) Fall is OI from 14th of this month and still continue. Till 17th price was moving up with fall in OI. This was indicating to short it.

2) I waited for candlesticks trend reversal pattern. 17th made a perfect doji in future eod chart and hammer on cash chart (although hammer is not the perfect one). Giving me enough sense to go short on it. 18th was a down candle on eod and made a evening start pattern on both cash and future.

With the above analysis I am having a bearsih bias for ICICIBANK. Still the bearsih confluance has not happened in 3 and 15 ema. So guys wait for it if you trade 315 and short the future or buy next month PUT of respective strike price at the bearish confulance.

Good money is there on table make it yours.

Regards,
Sherbaaz

To trade be predrator

 

[4076699]

Define the term ema?