SH's 315 Strategy - how to use if effectively

[observer]

Ok - lemme continue for some more time...

booked NF now at 5170 .. will enter longs only if 5180 is broken during the day.

Cheers
SH

Why not on candle touching the 3ema?

 

[Tradewithhunter]

Yeah will enter at 5140 odd levels based on 315


.... sorry entery above 5180 was not based on 315 so ignore that comment.

Cheers
SH

 

[Tradewithhunter]

Bought NF back at 5140 which was squared off at 5170 in the morning.

Keep enjoying.... :lol:

Cheers
SH

 

[observer]

What is the logic behind the 3ema not touching 15ema trade?
A. Is it to take advantage of the pecularity
B. Is it securing of profit?
I know it works both ways, but sometimes brokerage may not let us benefit in first case.

Thanks

 

[unbeatable]

TradewithHunter,

Awesome Just Awesome .... Kudos for your helpful nature first... Your selfless attitude would change a life of many traders who are in loss...

Now , coming to 8/12/09 may I know what made you to book profit.

Neither crossover happened , Nor closed above 3 EMA... Please explain....

 

[naveenvadavadagi]

TradewithHunter,

Thank You so much. I have started to earn only because of 315 method. Wonderful Strategy.

 

[naveenvadavadagi]

Hi TradewithHunter,

Please let me know the EMA crossover has taken place on 10.Nov.2009, Yes I agree it has gone up since then, but don't you feel that we had missed those 4 Green bars starting from 04.Nov.2009,

or else please correct if my understanding is wrong....

Looking forward for your advice.

Regards

Naveen

 

[karthik_sri]

Dear all,

I dont see many questions posted lately so I am guessing people have got hold of this strategy now.

I have been posting all my entries/exit lately to ensure traders are able to follow entries/exit in live environment to get a better understanding.

This is the last post by me in the chain of my entries/exit. I will be around though to answer any queries ..

Just to summarise the recent trades after the current buy signal given by 315.

30/11/09 : Longs at 5025
2/12/09 booked at 5142 (3 EMA not touching) Profit 117 points
2/12/09 re-entered longs at 5108
3/12/09 Booked at 5162 (3 EMA not touching) Profits 54 points
3/12/09 Re-entered longs at 5120
7/12/09 ADD at 5060
8/12/09 Booked the ADD at 5101 Profit 41 points.

Still holding one long from 5120. Total booked profit till now is 212 points.

Keep minting....

Cheers
SH

Dear SH,
Have a query...you booked profits on 02.12.09 but why u re-entered again on the same day i.e 02.12.09. We have to re-enter only when the price touches the 15ema. Please correct me if my understanding is wrong or i have missed some of your earlier posts.

Cheers,
Karthik

 

[rkkarnani]

Hi TradewithHunter,

Please let me know the EMA crossover has taken place on 10.Nov.2009, Yes I agree it has gone up since then, but don't you feel that we had missed those 4 Green bars starting from 04.Nov.2009,

or else please correct if my understanding is wrong....

Looking forward for your advice.

Regards

Naveen

Nobody or any system can catch the Bottom or Top!!! Yes your understanding is correct, one would go long only on crossover and 'miss' the run during those 4 Green Bars!!

 

[pvpmohan]

Hi Traderwithhunter

I am noew to this trading. I couldnt understand the contcept of 315 EMA.
What is EMA? can u please explain a little bit broadly.
Or else pl. mail me to xxxxxxxxxxxxxxxxxxxxxxxxx if u r convenient to do so.

thanx in advance.

rgds,
Mohan