SH's 315 Strategy - how to use if effectively

[rkkarnani]

I said 4760 because I expect NIfty to close around tht level only..(reason below)

Reason: Today being a day with a low trading range, the close should be around the ATP..which happens to be 4764..so nifty should close around this range..

And as per 315 we are to take positions by 3.25 only so, I believed that nifty will be around 4760 only.. And rightly so.>!! Anyways thanks for ur view.>!! :thumb:

Thats so nice you could predict the Close!! BUT issue was that you wrote :
So entering in long positions by 3.25 if nifty sustains above 4760? It would have been long even at above 4750!! Many here could be misguided hence I asked Why 4760? I should have asked : Why enter long only above 4760 and why not above 4750!! Anyway the crossover Level was already posted here by trader_boy ! Thanks for being active here! All the best.

 

[trade4joisar]

so finally this bearish swing has come to an end with Nifty giving a buy signal before days close. Puts exited and Nifty futures longs taken.

Though this swing shows only 130 points profit on charts (4885 to 4755) however due to our new rules we have taken more than 400 points profit during this swing (after deducting loss in puts).

Cheers
SH

I also long this time, but just want to know whether good trending move rule has to be considered i.e. 50% quantity OR conservative trader can ignore this crossover?

OR we have too much of down

http://www.traderji.com/technical-a...gy-how-use-if-effectively-299.html#post553963

 

[rkkarnani]

Will anyone tell me the formula for arriving at tomorrow's

level by putting closing figure of today. EMA 3 and 15 also

will appear automatically. There is somewhere in this thread.

But difficult to locate. I want to use this formula for Infosys.

Thanks in advance.

Attached is an Excel File but it is for Nifty. You need to replace the Close and first value of EMAs manually rest it will calculate. Daily Close value will be required to be filled in.
To find next days crossover you need to fill in the "Value of next days Close arbitarily" to find at what levels the EMAs will cross!!
Trust this helps.

 

[FanaticTrader]

Missed getting into longs yesterday due to work. Would used any dip today to initiate longs

Uploaded with ImageShack.us

 

[kcsusha]

Thank you Karnani Sir. Sorry for disturbing you. You also please

give formula for arriving at tommorrow's reversal point automatically

if we enter today's closing price.

Thanks in advance.

 

[GainsOne]

Thats so nice you could predict the Close!! BUT issue was that you wrote :
So entering in long positions by 3.25 if nifty sustains above 4760? It would have been long even at above 4750!! Many here could be misguided hence I asked Why 4760? I should have asked : Why enter long only above 4760 and why not above 4750!! Anyway the crossover Level was already posted here by trader_boy ! Thanks for being active here! All the best.

thanks for ur appreciation and good wishes..!!

 

[rkkarnani]

Thank you Karnani Sir. Sorry for disturbing you. You also please

give formula for arriving at tommorrow's reversal point automatically

if we enter today's closing price.

Thanks in advance.

Sorry, not intelli enuf to do it... but u can manually feed different closing prices and see at what level the 3EMA is lesser than 15EMA for Bearish cross and reverse for Bullish cross!! Well this is how I do it whenever I need to check the crossover point!!

 

[Piuvbn]

Thanks to 315 SH,RK and many others of this thread for the oppurtunity created. Partha Roy

 

[trader_boy]

Pls let know how you arrived to this crossover level. Thanks
Partha Roy

using this excel sheet :thumb:
http://www.mediafire.com/?5gudpr0bg5xm6aa

 

[gambler]

check below links to know the reversal point:-

http://www.4shared.com/office/Q5Dl22-D/SH27s_315-new.html?
OR

https://docs.google.com/spreadsheet/ccc?key=0Av9uk8B6dKhsdHU5aS1KODMxVXVmZ19xV05aelFNSXc#gid=1

Pls let know how you arrived to this crossover level. Thanks
Partha Roy