SH's 315 Strategy - how to use if effectively

[kittty]

Yes, 3 consecutive whipsaws and not I am short with double quantity. I will book 50% at 150-200 point profit and hold rest as per 315 rules.

4th whipsaw and we will be in rerest of the rare consolidation period.

Cheers
SH

I thought SH not shorted after the crossover. i misunderstood the words "not I am short"

 

[looser]

As we are dealing with Nifty futures, it is better to look at futures value (or graph) to confirm the crossover.

If you want to see long term trend as well (weekly or monthly) then nifty charts can be seen there is hardly any difference (10-20 bucks). moreover NF ultimately follows nifty only :clap:

 

[pundit]

I thought SH not shorted after the crossover. i misunderstood the words "not I am short"

:lol::lol::lol: It was now I am short but mistakenly "t " took place of "w"

 

[pundit]

If you want to see long term trend as well (weekly or monthly) then nifty charts can be seen there is hardly any difference (10-20 bucks). moreover NF ultimately follows nifty only :clap:

Sometime crossover happens on spot values but not in NF and the game reverses.

 

[msa5678]

:lol::lol::lol: It was now I am short but mistakenly "t " took place of "w"

Also...

""""""""""Yes, 3 consecutive whipsaws and not I am short with double quantity. I will book 50% at 150-200 point profit and hold rest as per 315 rules.


4th whipsaw and we will be in rerest of the rare consolidation period.""""""""""""""


rerest should be read as rarest

 

[kittty]

Thanks Panditji and MSA

:lol: "Little words can make a big difference" :lol:

 

[pundit]

Also...

""""""""""Yes, 3 consecutive whipsaws and not I am short with double quantity. I will book 50% at 150-200 point profit and hold rest as per 315 rules.


4th whipsaw and we will be in rerest of the rare consolidation period.""""""""""""""


rerest should be read as rarest

I also got confused with both the words when I read SH's this post first.

 

[Tradewithhunter]

oops... I am NOW short and rarest of rare situation after 4th whipsaw....

Please blame my fat fingers for these typos .... :lol:

and yes I follow only NF since we trade NF and not spot.

Cheers
SH

 

[rrmhatre72]

oops... I am NOW short and rarest of rare situation after 4th whipsaw....

Please blame my fat fingers for these typos .... :lol:

and yes I follow only NF since we trade NF and not spot.

Cheers
SH

Hi SH,

What is your entry level?

 

[ktimptim]

minifty @ 12.00

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