SH's 315 Strategy - how to use if effectively

4th whipsaw in a row ....I find myself in a very 'unknown' 315 territory....havent seen such market behaviour in the past.

Anyways, reversed and bought double quantity again.

Cheers
SH
Booked 50% of my double quantity at 5670 (130 point profit) ..reason potential profit booking due to 3 EMA factor ...

Holding rest 50% as normal quanitity.

Reason I said we are in unknown territory is that none of the last 4 crossover gave even a 4% move in the direction of the crossover before whipsawing .. which is rare !

cheers
SH
 

vinst

Well-Known Member
Booked 50% of my double quantity at 5670 (130 point profit) ..reason potential profit booking due to 3 EMA factor ...

Holding rest 50% as normal quanitity.

Reason I said we are in unknown territory is that none of the last 4 crossover gave even a 4% move in the direction of the crossover before whipsawing .. which is rare !

cheers
SH
SH,
3ema is touching the price bar of today. Where is the possibiilty of profi booking based on non-touching?

regards
vin
 

looser

Active Member
ya in the morning 3ema was not touching candle, but gr8 brk out

hope 315 people will enjoy this breakout
 

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