SH's 315 Strategy - how to use if effectively

[gb333]

Tradewithhunter
Can I enter fresh short now at todays closing

 

[Tradewithhunter]

Tradewithhunter
Can I enter fresh short now at todays closing

gb33 - we have closed at 5425 levels today ... if you shorts now .. your SL will be 315 bullish crossover which might mean SL could be the the range of 5700-5800 ... I really dont think you would like to take that risk of 300-400 points?

Please wait to enter fresh shorts based on 315 ..... you can enter them at the next 15 EMA touch or at the next bullish crossover.

Cheers
SH

 

[Nihilistic]

Since I use Fcharts, I am providing you Fchart formula:
For Buy : EMA1 > EMA2 AND EMA1[1] < EMA2[1]
For Sell : EMA1 < EMA2 AND EMA1[1] > EMA2[1]

Indicator Settings: EMA1 = 3 and EMA2 = 15

regards

Thank you so much Sujit Talukder. Anyone help with MetaStock please?

Also, Sujit, can 3 and 4 indicator overlays be used for further defining stoplosses and/or reentry/reexits as per the strategy, sir? Kindly see if you can fine tune. A wonderful help, thank you again.

Regards,

 

[sujittalukder]

Thank you so much Sujit Talukder. Anyone help with MetaStock please?

Also, Sujit, can 3 and 4 indicator overlays be used for further defining stoplosses and/or reentry/reexits as per the strategy, sir? Kindly see if you can fine tune. A wonderful help, thank you again.

Regards,

I need to check it If found solution, will definitely post.
regards

 

[munde_77]

Hi Friends,

I would like to use this thread to explain my 315 strategy along with some rules on how to trade it effectively for swings as well as positionals.

Cheers
Stockhunter (SH)
----------------------------------------------------------------------------------------------------------------------
Edited by Stockhunter on 11/08/2009

Hi Friends - since thread has become very long and my rules are thrown in between on different pages, I am giving the index of my important posts for anyone who sees this thread for the first time and wants to know the strategy.

For Basics and some Background on 315 - Please click here http://www.traderji.com/technical-a...rategy-how-use-if-effectively.html#post331535

For Entry, Pryramiding & Exits (profit booking) and re-entry rules - Please click here http://www.traderji.com/technical-a...tegy-how-use-if-effectively-3.html#post332954

Also click here to see explanation using a chart http://www.traderji.com/technical-a...tegy-how-use-if-effectively-4.html#post333264

For Stop Losses and protecting your capital - Please click here http://www.traderji.com/technical-a...tegy-how-use-if-effectively-7.html#post338314

Also, for more explanations and different SLs for a conservative trader and an aggressive trader click http://www.traderji.com/technical-a...egy-how-use-if-effectively-11.html#post347026

Cheers
Stockhunter (SH)

Thanks.........................................

 

[munde_77]

gb33 - we have closed at 5425 levels today ... if you shorts now .. your SL will be 315 bullish crossover which might mean SL could be the the range of 5700-5800 ... I really dont think you would like to take that risk of 300-400 points?

Please wait to enter fresh shorts based on 315 ..... you can enter them at the next 15 EMA touch or at the next bullish crossover.

Cheers
SH

SH,
Should I subscribe Intraday Chartys Premium.
Is it possibe to post trades as soon as it triggers.
I hope to try this 315 strategy.

 

[dtrtrader2]

I need to check it If found solution, will definitely post.
regards

SH,

Sir, need to have MetaStock formula for 3-15 startegy.

I am using MetaStock 11 EOD.

Regards,
dtrtrader2

 

[trade4joisar]

Almost correct.

When I had booked shorts, 3 EMA was around 5535 and I had put a sell order at 5535. When nifty moved up towards 5535 yesterday ... 3 EMA moved further up and hence when my sell order got filled at 5535 .. 3 EMA was still not touching the candle... however thats irrelevant ....

The idea is to stay in the direction of 315 and make 50-100 points (against 315 trend) using the 3 EMA rule whenever possible...

Cheers
SH

Hello SH,

still holding 5535 short

 

[munde_77]

hi friends,

i would like to use this thread to explain my 315 strategy along with some rules on how to trade it effectively for swings as well as positionals.

Cheers
stockhunter (sh)
----------------------------------------------------------------------------------------------------------------------
edited by stockhunter on 11/08/2009

hi friends - since thread has become very long and my rules are thrown in between on different pages, i am giving the index of my important posts for anyone who sees this thread for the first time and wants to know the strategy.

for basics and some background on 315 - please click here http://www.traderji.com/technical-a...rategy-how-use-if-effectively.html#post331535

for entry, pryramiding & exits (profit booking) and re-entry rules - please click here http://www.traderji.com/technical-a...tegy-how-use-if-effectively-3.html#post332954

also click here to see explanation using a chart http://www.traderji.com/technical-a...tegy-how-use-if-effectively-4.html#post333264

for stop losses and protecting your capital - please click here http://www.traderji.com/technical-a...tegy-how-use-if-effectively-7.html#post338314

also, for more explanations and different sls for a conservative trader and an aggressive trader click http://www.traderji.com/technical-a...egy-how-use-if-effectively-11.html#post347026

cheers
stockhunter (sh)

thanks..................

 

[DiwaliCrackers]

Dear SH,

Can i short BhartiAirtel
-Already down with 315
-Q3 cons net profit drops 41% yoy.