SH's 315 Strategy - how to use if effectively

[trade4joisar]

I short @ 5763 & still holdiing.

Great strategy.

 

[rkkarnani]

Exited short ~5524 today morning , Price not touching 3 EMA!! waiting the price to retrace to 3 EMA to short again

 

[gauharjk]

Hello SH sir and rkkarnani, would it be sensible to go short below 5510?

 

[rkkarnani]

Hello SH sir and rkkarnani, would it be sensible to go short below 5510?

Sure, seems sensible looking at todays chart in isolation but not as per this strategy!!!
Here we were already Short at much higher levels and maybe a reentry is okay and not a fresh entry now.

 

[MurAtt]

@RK

I had a query ... seems I posted in the other 3-15 thread .. can u please read and answer.

Thanks

 

[MurAtt]

http://www.traderji.com/technical-a...ection-prediction-strategy-39.html#post545907

Woweee .. its been 18 candles i the hourly since price touched the 15 ema.

Right now at 5595 Spot.

 

[Tradewithhunter]

Exited short ~5524 today morning , Price not touching 3 EMA!! waiting the price to retrace to 3 EMA to short again

Yes as per the strategy traders should have booked profits today morning .. almost 300 points profits booked.

Re-entry on 3 EMA touch.

Cheers
SH

 

[Tradewithhunter]

http://www.traderji.com/technical-a...ection-prediction-strategy-39.html#post545907

Woweee .. its been 18 candles i the hourly since price touched the 15 ema.

Right now at 5595 Spot.

Hi SM,

I have replied to your post on the other thread.

Cheers
SH

 

[prem_k_s]

Hi

I think 5600 is todays 3 EMA, where we can go short if today NF goes there

regards

prem

 

[rkkarnani]

Hi

I think 5600 is todays 3 EMA, where we can go short if today NF goes there

regards

prem

On mkt opening I felt price is touching 3 EMA!! I shorted at ~5564, the CMP was 5570 but mine got sold only at 5563.55