SH's 315 Strategy - how to use if effectively

[silentarrow]

Silentarrow - Based on 315 - we need to continue to hold shorts.

However personally - I would book my shorts at 100 EMA touch and wait for it to break before shorting again. If we get a rejection by 100 EMA and bounce - I will long again targetting 15 EMA like last time.

Cheers
SH

I was kind of thinking the same thing.
Now, with a confirmation from you, I can do this with confidence.

Thanks,
Silentarrow

 

[silentarrow]

and yet, we should sell if the candle doesnt touch 5 ema before it reaches 100 ema, right?

 

[Tradewithhunter]

Silentarrow - Based on 315 - we need to continue to hold shorts.

However personally - I would book my shorts at 100 EMA touch and wait for it to break before shorting again. If we get a rejection by 100 EMA and bounce - I will long again targetting 15 EMA like last time.

Cheers
SH

Booked at 5825 (100 points profit). 100 EMA touched.

Will now short when 3 EMA crosses 100 EMA. If we bounce back from here .. i will buy NF again based on 100 EMA support.

Cheers
SH

 

[amitava82]

Booked at 5810

 

[silentarrow]

booked at 5806, but only 98 points since I had bought at 5904.
But its still going down and I am feeling like I should have held on to it longer.
But, better to stick to the system.
hehehhe.

Silentarrow

 

[silentarrow]

Booked at 5825 (100 points profit). 100 EMA touched.

Will now short when 3 EMA crosses 100 EMA. If we bounce back from here .. i will buy NF again based on 100 EMA support.

Cheers
SH

Thanks to you SH,
I made a profit of about 4900.

By the way, do you think 3 ema crossing 100 ema or the bounce back can happen today?
I am not sure, if I should wait for this to happen or log off.

Silentarrow.

 

[Tradewithhunter]

Thanks to you SH,
I made a profit of about 4900.

By the way, do you think 3 ema crossing 100 ema or the bounce back can happen today?
I am not sure, if I should wait for this to happen or log off.

Silentarrow.

Wait for tomorrow to short in futures .... I have bought some 5700 PEs though.

Cheers
SH

 

[silentarrow]

Ah, I really wanted to log off. Since I have been online most of the day today and need to go out now and watch some nature.
By the way, what are PE's?

Silentarrow

 

[amitava82]

what are PE's?

Put option

 

[Nava]

Is this option trading strategy..or future trading strategy..?