SH's 315 Strategy - how to use if effectively

[rkkarnani]

iam following u sir could u pls update online around 3.20-3.25 p.m. so that we all can take extra postion or exit . kindly pls consider this request

This thread was started by SH almost 2 years back. He and a lot of others gave there valuable time to clarify situations of various types occuring in this strategy. How can be expect even more from SH and even others who spend their time selflesssly here by asking them to "update" trades every day at 3.25 PM. Then why did he need to so elaborately explain the entire concept. He could simply have posted the trades and we would have taken the same. Arun, just think, his posting of trades would in true sense become a handicap for us. We would not be able to take decisions independently. People who are following this strategy are by now almost confident of their trades as they know what they are doing. They are not following people blindly like following a tipster.
I highly recommend that do take your own decisions. Start with paper trades, promote to mini Nifty and graduate to Nifty and then multiple lots... This can only be a path to succeed. If we wait for SH's calls, one fine day when he is busy we may miss to enter a trade that would probably run 500+ points...

Do think about it.. and same is for you piuvbn!!!

 

[Tradewithhunter]

This thread was started by SH almost 2 years back. He and a lot of others gave there valuable time to clarify situations of various types occuring in this strategy. How can be expect even more from SH and even others who spend their time selflesssly here by asking them to "update" trades every day at 3.25 PM. Then why did he need to so elaborately explain the entire concept. He could simply have posted the trades and we would have taken the same. Arun, just think, his posting of trades would in true sense become a handicap for us. We would not be able to take decisions independently. People who are following this strategy are by now almost confident of their trades as they know what they are doing. They are not following people blindly like following a tipster.
I highly recommend that do take your own decisions. Start with paper trades, promote to mini Nifty and graduate to Nifty and then multiple lots... This can only be a path to succeed. If we wait for SH's calls, one fine day when he is busy we may miss to enter a trade that would probably run 500+ points...

Do think about it.. and same is for you piuvbn!!!

Dear Rkkarnani - nicely put, better than how i might have expressed my opinion here.

The idea of this thread is not to make everyone copy my trades based on my postings here, the idea is to equip them with all the decision making tool. Its about teaching how to fish instead of merely feeding the hungry man.

People need to have real time EOD charts or use excel sheets (posted earlier in this thread) to assess the positions of 3 EMa and 15 EMA at around 3.20 PM everyday and make a trading decision accordingly.

Cheers
SH

 

[sparun]

this thread was started by sh almost 2 years back. He and a lot of others gave there valuable time to clarify situations of various types occuring in this strategy. How can be expect even more from sh and even others who spend their time selflesssly here by asking them to "update" trades every day at 3.25 pm. Then why did he need to so elaborately explain the entire concept. He could simply have posted the trades and we would have taken the same. Arun, just think, his posting of trades would in true sense become a handicap for us. We would not be able to take decisions independently. People who are following this strategy are by now almost confident of their trades as they know what they are doing. They are not following people blindly like following a tipster.
I highly recommend that do take your own decisions. Start with paper trades, promote to mini nifty and graduate to nifty and then multiple lots... This can only be a path to succeed. If we wait for sh's calls, one fine day when he is busy we may miss to enter a trade that would probably run 500+ points...

do think about it.. And same is for you piuvbn!!!

thank you rk karnani. I agree with u

 

[Piuvbn]

This thread was started by SH almost 2 years back. He and a lot of others gave there valuable time to clarify situations of various types occuring in this strategy. How can be expect even more from SH and even others who spend their time selflesssly here by asking them to "update" trades every day at 3.25 PM. Then why did he need to so elaborately explain the entire concept. He could simply have posted the trades and we would have taken the same. Arun, just think, his posting of trades would in true sense become a handicap for us. We would not be able to take decisions independently. People who are following this strategy are by now almost confident of their trades as they know what they are doing. They are not following people blindly like following a tipster.
I highly recommend that do take your own decisions. Start with paper trades, promote to mini Nifty and graduate to Nifty and then multiple lots... This can only be a path to succeed. If we wait for SH's calls, one fine day when he is busy we may miss to enter a trade that would probably run 500+ points...

Do think about it.. and same is for you piuvbn!!!

RK Ji
Thanks. Though your points are what is silent feature of TJ but little confirmation is very nice. Also please consider publishing pdf form of this great strategy. Regards. PR

 

[tinchu76]

RK Ji
Thanks. Though your points are what is silent feature of TJ but little confirmation is very nice. Also please consider publishing pdf form of this great strategy. Regards. PR

PDF already there.
Thanks to original publisher.
Recommend u to kindly start from beginning as suggested by RKK sir.

 

[summasumma]

hi SH,

Sorry to spam with same information i have posted in the "market correction prediction strategy" thread....
Like to get information from you...so juz reposting the query in this thread also....

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Just got one basic doubt while reading up...May be little stupid, but please clarify from your side for better understanding.

Question:
Which days EMA is considered for ur strategies like 315 or 100EMA?

for eg:

considering 100EMA strategy,
On 18th may MARKET-CLOSE, Nifty 100EMA = 5659

So when the trade starts next day, 19th may, we should just use this till previous day's 100EMA value (5659) as the base value, to see whether the spot nifty cross this value up/down to enter the trade? (here we dont need any live charts services like icharts)

Or

On 19th May after the market opens and starts trading, we should see the current Live 100EMA value(based on current spot nifty value) and check whether the Nifty spot cross this 100EMA value to enter trade? (in this case, we might need the live charts services like icharts)

Or

We should wait till last minute of trade around 3:25PM, assume some closing Nifty range and calculate the 100EMA till that time and see whether the spot nifty value crossed this 100EMA value or not. Then enter trade in last minute?

I hope the answer u r going to give applies to 315 strategy as well.

Kindly Clarify.
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Awaiting response.


Thanks,
...summasumma

 

[321Phani123]

Market 's closing in the green after som many days of consolidation after LT's results....
Let's see.
It should have touched 5300 ...
before rallying..

 

[rahulskr]

hi SH...

thanks for sharing such a wonderful strategy with all of us...

i had a doubt though... while overlaying the EMAs on price in amibroker, should we take price field as close(by default) in parameters???...

cheers..
rahul

 

[Tradewithhunter]

hi SH...

thanks for sharing such a wonderful strategy with all of us...

i had a doubt though... while overlaying the EMAs on price in amibroker, should we take price field as close(by default) in parameters???...

cheers..
rahul

yes close price.

 

[Tradewithhunter]

Ok - Nifty closed at 5490 today. The nifty shorts are still in 300+ points profit.

Nifty gave us an exit and re-entry based on 3 EMA as well which should have given additional points profit.

13th May also gave an 'ADD' opportunity at 5610-5620 range...not sure how many used the opportunity to ADD?

Due to the markets getting in a range, 15 EMA got enough time to slide down to 5600 now which means the trade has become risk free given that even if the bullish crossover happen we will most probably be able to exit with profits.

All going well till now, lets see if the strong trend after the confluence gives us more profits downwards ...or maybe a whipsaw and rally upwards?

no predictions... we will just follow 3 EMA and 15 EMA ...

Cheers
SH

Dear 315 traders,

Markets closed at 5381 today, thats around 400 points profit till now with another ADD in 5620 range which is also in 240 points profit.

Enjoy the trend till it ends !!

Perosnally, I start scaling out gradually after a 7%-10% move in favour of the 315 positions. So tomorrow I might book 50% of shorts if it falls further and lock in some profits.

Cheers
SH

Cheers
SH