SH's 315 Strategy - how to use if effectively

[galrani]

any one has taken short position? at what level?

Positions are to be taken after 3:15 no?
Entries are at EOD

 

[summasumma]

Hi friends,

After spending sometime in trying to find a way of avoiding whipsaws in 315 method, i found full-stochastics indicator works really well with 315 ema...

Please look at the following picture and note in it... Hope this helps in avoiding whipsaws and stay out of market to preserve profits and also to make big profits sometimes....

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Assuming that you have read the note in the picture, the gap between the stochs not necessarily mean that there will be a whipsaw... only if the market moves in other direction of stoch(or ema) and make opposite crossover and at the same time there is a GAP between stochs, better stay out of trades till both stoch meet again....

This is just my observation and might not work in future charts..(but hope it works )


Thanks,
...summasumma

 

[shantanujatar]

any one has taken short position? at what level?

Yes IDEA did give a sell day before yesterday around 91.30. Am short in it..

 

[vikrit]

Yes IDEA did give a sell day before yesterday around 91.30. Am short in it..

what is IDEA?

 

[summasumma]

what is IDEA?

IDEA is any conception existing in the mind as a result of mental understanding, awareness, or activity....

 

[KC_novice]

3 ema at 4962 and 15 ema at 4959 now..no crossover at this point of time..:thumb:

 

[shantanujatar]

what is IDEA?

Haven't you heard of IDEA Cellular


http://www.nseindia.com/live_market/dynaContent/live_watch/get_quote/GetQuote.jsp?symbol=IDEA

 

[galrani]

3 ema at 4962 and 15 ema at 4959 now..no crossover at this point of time..:thumb:

Which days quote and which script are you looking at?
NF now is around 4910 and a close below 4910.8 will give EMA negative crossover
Plan to go short around 3:20 today

Cheers and trade wisely

 

[manoharpillai]

3 ema at 4962 and 15 ema at 4959 now..no crossover at this point of time..:thumb:

Reversal at 4920

 

[manoharpillai]

2/12/2011 5093.00 4993.82 4937.61 buy 4862.67
5/12/2011 5065.00 5029.41 4953.54 buy 4852.37
7/12/2011 5085.00 5057.21 4969.97 buy 4853.66
8/12/2011 4948.00 5002.60 4967.22 buy 4920.05