SH's 315 Strategy - how to use if effectively

[munde_77]

We will have to reverse if nifty closes below 5482.6. Seniors pls confirm

 

[kittty]

We will have to reverse if nifty closes below 5482.6. Seniors pls confirm

mundeji, i also got the same using excel sheet

 

[munde_77]

Ema 3 54352 and Ema 15 5473 So close all your long positions and go short

 

[kittty]

sold [email protected]

 

[munde_77]

Good..................

 

[pundit]

Latest 315 position on Nifty - after 2 whipsaws, the longs are hanging in there with its teeth....3 consecutive whipsaws are rare but not something impossible so I am bracing myself to enter shorts if 315 gives a sell.

Usually after 3 whipsaws we get a strong trend so I will be doubling the quanity for the next short trade and keep it that way until I hit a jackpot trending move!

Cheers
SH

I hope SH has taken short with double quantity.

 

[msa5678]

sold [email protected]

According to my Excel Sheet the Crossover happened on 17-03-2011, What I understand from ur post is that the Crossover happened on 18-03-2011, Am I missing something.

 

[rkkarnani]

According to my Excel Sheet the Crossover happened on 17-03-2011, What I understand from ur post is that the Crossover happened on 18-03-2011, Am I missing something.

Seems it was a touch and go for this crossover... just read all the posts of 17th and 18th and you will understand. This has been extensively debated here.

 

[kittty]

According to my Excel Sheet the Crossover happened on 17-03-2011, What I understand from ur post is that the Crossover happened on 18-03-2011, Am I missing something.

I was also confused crossover on 17th. crossover happend near closing of market and the future price was high.seniors not confirmed reverse so i skipped, shorted on 18th 3.25, i'm not sure its correct as per the strategy

 

[munde_77]

I am also short in nifty future now.........Hope to make good profit after 3/4 whipsaws