SH's 315 Strategy - how to use if effectively

[Tradewithhunter]

Hi SH,
I think you missed my question.
I am pasting it here now.
please take a look and advice.

Hi,
I just noticed that there was a buy signal for acc futures.
take a look at this chart

Uploaded with ImageShack.us

Taking a look at the 6 month chart, makes me feel that it is going to bounce back after the 100 ema touch,
but not sure . What do you think?

Uploaded with ImageShack.us
do you think I should go long on it, when the market opens on monday?
Or maybe I should just stick to nifty futures.


please advice

Silentarrow

You can take this long in ACC based on 315.

The success of 315 is not dependent on WHAT stock you use it on ... its dependent on HOW CONSISTENTLY can you trade that stock using 315 ... signal after signal after signal without bothering about whipsaws....

If you think you can trade next 10-15 signals of 315 on ACC consistenlty .. please go ahead... if not ... stick to Nifty.

Cheers

 

[gb333]

Dear SH ,, kindly reply my query

 

[silentarrow]

You can take this long in ACC based on 315.

The success of 315 is not dependent on WHAT stock you use it on ... its dependent on HOW CONSISTENTLY can you trade that stock using 315 ... signal after signal after signal without bothering about whipsaws....

If you think you can trade next 10-15 signals of 315 on ACC consistenlty .. please go ahead... if not ... stick to Nifty.

Cheers

You mean ACC is not a good stock to apply 3 15 strategy?
I actually saw the charts of ACC , because I read somewhere in your earlier posts that you traded in it too.
I am a little confused now.

Silentarrow

 

[silentarrow]

Dear SH ,, kindly reply my query

Hi gb,
if your query is about what data provider do I use.
Then my answer is icharts.in and I use its premium service for Rs. 699 per month.
Even SH uses this same data provider , since he recommended me this service.

Hope this answers your question.

Silentarrow

 

[gb333]

Hi gb,
if your query is about what data provider do I use.
Then my answer is icharts.in and I use its premium service for Rs. 699 per month.
Even SH uses this same data provider , since he recommended me this service.

Hope this answers your question.

Silentarrow

My query was Can I apply this strategy for Nifty Index options Near /Far Money options?

 

[VJAY]

what about short entry @15 ema touch...since 315 is still in short mode....

yes, target 15 EMA again as first target.

Dear sh,
Please answer my Q

 

[silentarrow]

Well, I have no idea about this, so let's just wait till SH replies to this.

 

[gb333]

silentarrow..
U long or short in Nifty Fut

 

[gb333]

Tradewithhunter..
PLZ answer my query

 

[amitava82]

I think if Nifty touch 5944 then we exit long.