SH's 315 Strategy - how to use if effectively

[kumar_b_s_99]

technicals

I planning to trade intraday trading as follows:

Starting the trade in @ 9.20 am using 5 min chart using bar chart. Wait for 5 min only. Buy Nifty fut above the high of the 5 min bar and keep the stop loss below low. After 5 min, i move the sl to low of the next bar. If sl triggered, sell 2 lots and keep sl loss above the high of the previous bar.

Seniors pls advice,

I planning to trade intraday trading as follows:

Starting the trade in @ 9.20 am using 5 min chart using bar chart. Wait for 5 min only. Buy Nifty fut above the high of the 5 min bar and keep the stop loss below low. After 5 min, i move the sl to low of the next bar. If sl triggered, sell 2 lots and keep sl loss above the high of the previous bar.

Seniors pls advice,

 

[umeshmandal]

Re: technicals

I planning to trade intraday trading as follows:

Starting the trade in @ 9.20 am using 5 min chart using bar chart. Wait for 5 min only. Buy Nifty fut above the high of the 5 min bar and keep the stop loss below low. After 5 min, i move the sl to low of the next bar. If sl triggered, sell 2 lots and keep sl loss above the high of the previous bar.

Seniors pls advice,

Wrong place, wrong thread to Post it!! Why not start a Fresh thread!!! Please do it!!!!

 

[rkkarnani]

Re: technicals

I planning to trade intraday trading as follows:

Starting the trade in @ 9.20 am using 5 min chart using bar chart. Wait for 5 min only. Buy Nifty fut above the high of the 5 min bar and keep the stop loss below low. After 5 min, i move the sl to low of the next bar. If sl triggered, sell 2 lots and keep sl loss above the high of the previous bar.

Seniors pls advice,

Do not wish to respond in detail in this thread. The strategy may be good but difficult to trade in the raw form as suggested by you!! I use it at times but with additional conditions to make it comfortable for me to trade. Just have a look at an years chart at least and tweak it a little by way of using some small filter etc. and also SAR !!

 

[gauharjk]

Negative crossover in Nifty on EOD.

 

[tanewbie]

below 5580, NF will give a sell. we hv to wait till 15.25 to see if it can sustain below 5580.

 

[gb333]

Negative crossover in Nifty on EOD.

You meanSELL signal in Nifty fut....Kindly confirm

 

[Tradewithhunter]

NF still a buy as per 315 .. no bearish crossover yet.

Cheers
SH

 

[timepass]

And today Nifty again touched 100EMA (5621).

 

[tanewbie]

nf 3 EMA IS 5598.81
15 EMA IS 5592.15

Crossover will happen @ 5583

so tomorrow if nf closes below 5583 we can get a sell.

 

[kcsusha]

Dear Sir,

EMA 3 is 5598, EMA 15 is 5592. You say that the crossover

of 3 EMA below 15 EMA will take place at 5583. How have you

arrived at this fig of 5583 sir?