SH's 315 Strategy - how to use if effectively

[hawaisanjay]

Weekly 3 EMA-5672.77,15EMA-5680.69

 

[trade4joisar]

15 ema @ 5624.12
Today's high is 5622.80

So if it closes below 5600 then 15 ema will be touched.

If it touches, we should add to our positions i.e. short position.

SH, Seniors,
Suggest.

 

[munde_77]

15 ema 5623 3 ema 5563 at 2 pm

 

[trade4joisar]

15 ema @ 5624.12
Today's high is 5622.80

So if it closes below 5600 then 15 ema will be touched.

If it touches, we should add to our positions i.e. short position.

SH, Seniors,
Suggest.

I mean candle will be touched, so as per rule it we should add to our existing position

 

[Visualize]

Woah !! NF just gave an add signal today...

 

[munde_77]

Could you explain . how

 

[trade4joisar]

Could you explain . how

This is the pyramiding rule of 315.

 

[munde_77]

You mean adding to the winning position

 

[manoharpillai]

Just checked the Dow and S&P 500 chart both are showing crossover on daily chart ( Ref. yahoochart ) comments well come

 

[trade4joisar]

You mean adding to the winning position

winning position

Rule says
After crossover whenever candles touches 15 EMA & if you are in profit add shorts / long position whichever is applicable to your positions.

I have added 2 NF shorts @ 5598.