SH's 315 Strategy - how to use if effectively

[TraderRavi]

Ha !! you got me there, buddy. Good question, seniors please help.

close price ..not last traded....

 

[rkkarnani]

Bro, I have no such intentions. I don't create charts myself. I am looking at a very reputable futures site chart. This chart includes futures data for 10th Nov Thursday which was a big down day, due to which there was a cross over.

Every one can see the live chart below. Just select daily chart and add the EMA's.

I am just posting what I am seeing in this chart and not trying to cause any confusion.

http://www.forexpros.com/indices/india-50-futures-advanced-chart

I never said that you are "trying' to create confusion.. all I said was "you can cause confusion" and just see whether or not there is a confusion!!! The link you have posted took me to some SGX Nifty... here we are trading and refering to Nifty Future as traded on NSE so what SGX Nifty does is irrelevant as far as this strategy is concerned!! You may notice that NSE does not always follow what SGX Nifty does so concenntrate on NSE Nifty Futures.

 

[rkkarnani]

There is difference in SGX nifty and nifty chart in crossover.....

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The reason for the difference is very obvious!! SGX Nifty has an extra day or two of trade, an extra day or two of data under consideration!! It was trading on days when NSE was closed... the values of EMA's are bound to be very very different!! Just look at Mumbai forget S'pore and chill!!!!!!!!!!

 

[Baloon]

Your point is well taken. My apologies, if I caused confusion.

However, I am looking at 315 as a strategy to trade. And I believe it should be able to trade any index. SGX nifty is the only option available for me to trade Nifty. I will follow this strategy to trade it.

Thanks again for all your inputs.

I never said that you are "trying' to create confusion.. all I said was "you can cause confusion" and just see whether or not there is a confusion!!! The link you have posted took me to some SGX Nifty... here we are trading and refering to Nifty Future as traded on NSE so what SGX Nifty does is irrelevant as far as this strategy is concerned!! You may notice that NSE does not always follow what SGX Nifty does so concenntrate on NSE Nifty Futures.

 

[rkkarnani]

Your point is well taken. My apologies, if I caused confusion.

However, I am looking at 315 as a strategy to trade. And I believe it should be able to trade any index. SGX nifty is the only option available for me to trade Nifty. I will follow this strategy to trade it.

Thanks again for all your inputs.

315 is good for stocks too!! Have a look at few charts!! Some perform much better than others. A few members here are trading Stocks too!! All the best for SGX Nifty!!! :thumb:

 

[Alice748]

iam also waiting eagerly for your guidence

 

[srfelixmca]

Friends

Apart from nifty, I am tracking L&T. Now it is in downtrend. Using 3-15 strategy, I tasted very good profit.

Please let us know the shares. Thanks in advance. :clap:

 

[SACH2000]

315 is good for stocks too!! Have a look at few charts!! Some perform much better than others. A few members here are trading Stocks too!! All the best for SGX Nifty!!! :thumb:

please advise stock where u find 315 effective.

thanx

 

[SACH2000]

Dear SH

please advise whether we can ADD as per 315 , as 15 ema touch and previous high taken out.
thanx

 

[rkkarnani]

please advise stock where u find 315 effective.

thanx

SACH, I feel almost all Stocks look well with 315 plot!! Some are more effective than others. As I do not trade any, unable to comment!! I did analyse with my own small tweaks and SBI and IDFC both were really good in last 22 months!!