SH's 315 Strategy - how to use if effectively

[Tradewithhunter]

SH,

Earlier you used to a lot POSITIONAL trading.You shifted to DAY trading also
now.Which in your opinion is more fetching?

Hi Columbus,

my below post should anwswr your question.

http://www.traderji.com/technical-a...gy-how-use-if-effectively-223.html#post522163

Cheers
SH

 

[rajgreenpeace]

I modify 315 strategy to day trading...............let me back test....will start a thread soon

 

[Suro]

As per 315 strategy, BNF has given a Buy signal on Monday. Today NF will also give a Buy signal if it closes above 5500 (currently it is).

 

[Nava]

As per 315 strategy, BNF has given a Buy signal on Monday. Today NF will also give a Buy signal if it closes above 5500 (currently it is).

Hi,

Can anyone confirm the crossover in NF..? Can we go long by 3:25 PM..?

 

[Suro]

Hi,

Can anyone confirm the crossover in NF..? Can we go long by 3:25 PM..?

The crossover will happen only if NF closes 5497 or above. So, no signal, not yet.

 

[gb333]

Short IDFC .. at 15 EMA touch..

 

[gb333]

Hi,

Can anyone confirm the crossover in NF..? Can we go long by 3:25 PM..?

The crossover is still not happened... see the EOD chart below-

Gautam

 

[sanjeevbhatia]

Hi Friends,

I am newbie in TA and need help of all seniors out there in getting the hang of this strategy. I have metastock Live and Spider EOD.

What I am going to ask is maybe very stupid but neverthles...here it goes...

My first question is regarding entry itself. As per the closing today, E15 is around 5460 and E3 is ard 5455. DO I ENTER (BE LONG) IF TOMORROW'S CLOSE IS ABOVE 5460 OR WHAT?
EOD chart is:-
View attachment 15946

Whereas the Live version is showing crossover as:-

View attachment 15947

So has it crossed over or not (I think Not). So when do I decide about entering at 3.25 as I will be getting the EOD after market close only.

Further, take the case of UNIPHOS. The eod chart is:-
View attachment 15948

What to do in such situations? The crossover is there but simultaneously the candle is not touching the 3EMA. Do we forget this trade or do we create a long position right at 9.15 am tomorrow?

I know this sounds too basic but someone please help me in understanding this. More questions following after I clear these first..

Thanks in advance.

 

[sanjeevbhatia]

Hi Again,

in continuation to my earlier post, pls see ABG EOD chart:-

View attachment 15949

Seems like a good setup for long, nice crossover and candle close too above 3 ema.

My point, what I should have known to enter at 3.25-3.30 and having missed that, shall I enter long first thing tomorrow morning with chances of reversal or wait till 10.30 or thereabouts? and if I enter in the morning, Shall my stoploss be below 15ema (348.85 or thereabouts).

Thanks once again.

 

[Tradewithhunter]

Hi Again,

in continuation to my earlier post, pls see ABG EOD chart:-

View attachment 15949

Seems like a good setup for long, nice crossover and candle close too above 3 ema.

My point, what I should have known to enter at 3.25-3.30 and having missed that, shall I enter long first thing tomorrow morning with chances of reversal or wait till 10.30 or thereabouts? and if I enter in the morning, Shall my stoploss be below 15ema (348.85 or thereabouts).

Thanks once again.

yes you can enter today morning if you missed yesterday.

Cheers
SH