SH's 315 Strategy - how to use if effectively

[kittty]

@Fxtrad SH's original post

http://www.traderji.com/technical-analysis/30428-shs-315-strategy-how-use-if-effectively-246.html#post528759

 

[FanaticTrader]

according to 315 we are long in nifty ?

Yes, as per 315 we are currently long in Nifty

 

[FanaticTrader]

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ACC has given a positive 3-15 crossover but only point of worry is this cross over is not supported by heavy volumes. One can enter the trade with 1/4th of lot and then keep on adding if trade goes in favour.

 

[FanaticTrader]

Few 315 'Positive' Crossovers for trade on 11th March

DLF

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GSPL

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[FanaticTrader]

Few More

HCC

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KSOILS

MTNL

ONGC

PRAJ

SINTEX

 

[nallan]

I studied SH startegy and have lot of appreciation

Doing paper trade to start with.
Members can correct me if i went wrong

today 3 EMA was 5518.9 and 15 EMA weas 5487.25 for nifty futures

So opening below 15 EMA so it is bearish cross over so I shorted one lot at 5472. stop loss was kept at 5487.5 because it is 15 EMA.

request members to correct me in this regard if my method is wrong

Regards

 

[vinst]

I studied SH startegy and have lot of appreciation

Doing paper trade to start with.
Members can correct me if i went wrong

today 3 EMA was 5518.9 and 15 EMA weas 5487.25 for nifty futures

So opening below 15 EMA so it is bearish cross over so I shorted one lot at 5472. stop loss was kept at 5487.5 because it is 15 EMA.

request members to correct me in this regard if my method is wrong

Regards

According to SH's method, trades should be initiated near closing of day, not opening. Also stop loss is not 15ema. SL is opposie cross-over of two ema's.

 

[nallan]

Thanks for the correction. I corrected as stop loss triggered. I bot one lot at 5487.5. went long. i fould have done yday., iot would have been at 5507. but Is it ok if i enter at opening of the day if i missed opening at close of the day?

Also gspl future can i enter at 95.9 morning?

I decided to enter as I can not learn swimming out side the pond.

Regards

 

[seetharamank]

I studied SH startegy and have lot of appreciation

Doing paper trade to start with.
Members can correct me if i went wrong

today 3 EMA was 5518.9 and 15 EMA weas 5487.25 for nifty futures

So opening below 15 EMA so it is bearish cross over so I shorted one lot at 5472. stop loss was kept at 5487.5 because it is 15 EMA.

request members to correct me in this regard if my method is wrong

Regards

yes i also shorted likewise&kept sl at5491 which hit in 30minitues since then my traderterminal is hanging

 

[Visualize]

I studied SH startegy and have lot of appreciation

Doing paper trade to start with.
Members can correct me if i went wrong

today 3 EMA was 5518.9 and 15 EMA weas 5487.25 for nifty futures

So opening below 15 EMA so it is bearish cross over so I shorted one lot at 5472. stop loss was kept at 5487.5 because it is 15 EMA.

request members to correct me in this regard if my method is wrong

Regards

1. We do not enter on price crossover but on ema crossover that too in last 15mins or first 15-30mins of next day. If 3ema is above 15ema then bullish and vice verse.

2. SL is 15ema ONLY when our trade is in profit till then SL should be according to your risk appetite.

3. Currently 315 is bullish and will give a sell signal ONLY IF today's close is below 5410 in NF.