SH's 315 Strategy - how to use if effectively

[rrmhatre72]

what parameters u chose for adx?

adx (14).....................

 

[krishere]

adx (14).....................

well i sold yest as per 315 crossover... but covered @ 5364 coz need 2 shift to march...

 

[trade4joisar]

what will kill me is not taking this trade and then seeing it going into 500-1000 points profit ......

Cheers
SH

Hello SH,

I am fan of 315 strategy. :clap:

Can you please look at this & let me know your views.

http://www.traderji.com/technical-a...gy-how-use-if-effectively-237.html#post526422

 

[dp33770]

Hi ,
Can we take Short position in Yesbank by 3:25 today ?

 

[Tradewithhunter]

Hello SH,
This is our view. Seniors, please give your opinion on this.
I am using iChart with MACD, STS indicator (stochastic).

STS indicator has given sell signal at 6264 then 6046 & now it gave yesterday. Same where 315 has given signal next day.

Can you look it from your experienced eyes?

It will be really great if we can get something like this to enter with 315 supports (there are already too many news to support this downfall). :thumb:

Please find attached the chart for nifty. Same can be seen for banknifty as well.

http://img823.imageshack.us/i/nifty1m.png/

Trade - the power of 315 is keeping it simple... please do not complicate it by adding more indicators to it.

Cheers
SH

 

[jayan12]

We just have to follow the Charts and Rules of system

Should not use our wisdom

Well said naren. When we follow the system mechanically, we stand to gain a lot in the long run.

 

[gauharjk]

SH 315 system gave a sell signal 1 day before expiry... Perfect timing...

I would like to ask experts with this system, at what level of pullback would you add shorts? And what should be the stoploss?

Thanks and Cheers!

 

[narengreddy]

SH 315 system gave a sell signal 1 day before expiry... Perfect timing...

I would like to ask experts with this system, at what level of pullback would you add shorts? And what should be the stoploss?

Thanks and Cheers!

When the price candle touches back the 15 EMA then we add shorts as per 315 system

 

[jayan12]

When the price candle touches back the 15 EMA then we add shorts as per 315 system

It would be safe to add when we are in profits.

 

[jayan12]

SH 315 system gave a sell signal 1 day before expiry... Perfect timing...

I would like to ask experts with this system, at what level of pullback would you add shorts? And what should be the stoploss?

Thanks and Cheers!

You can find some information about the stop at the first page of this thread.