SH's 315 Strategy - how to use if effectively

[mech71]

Friday's high in nifty futures was 5347. If nifty crosses the same on Monday, then it would be a nice entry point to go long. Not only that ,at 5347 3EMA would have crossed over 15EMA. That means again an indication to go long. But according to rules, we have to wait for 3.25pm to get EOD dat to take an entry.
Hope my interpretation is correct....please correct if I am wrong.

 

[sunilrhs]

Dear Mech,

The next crossover will happen at 5387 and not at 5347...

You are going to trade on april future then you have to see the ema's of april series only...

I am pasting the EMA's of april series closing...I hope it will help others also.


NF Series Close Price 3ema 15ema 315signal S&R
01-Mar-12 april 5428 5450 5475 -25 5508
02-Mar-12 april 5426 5438 5469 -31 5509
03-Mar-12 april 5433 5436 5464 -29 5502
05-Mar-12 april 5357 5396 5451 -55 5524
06-Mar-12 april 5290 5343 5431 -88 5548
07-Mar-12 april 5297 5320 5414 -94 5539
09-Mar-12 april 5401 5361 5412 -52 5481
12-Mar-12 april 5429 5395 5414 -20 5441
13-Mar-12 april 5507 5451 5426 25 5393
14-Mar-12 april 5545 5498 5441 57 5365
15-Mar-12 april 5460 5479 5443 36 5396
16-Mar-12 april 5384 5432 5436 -4 5442
19-Mar-12 april 5319 5375 5421 -46 5483
20-Mar-12 april 5338 5357 5411 -54 5483
21-Mar-12 april 5439 5398 5414 -17 5437
22-Mar-12 april 5287 5342 5398 -56 5473
23-Mar-12 april 5326 5334 5389 -55 5463
26-Mar-12 april 5235 5285 5370 -85 5484
27-Mar-12 april 5296 5290 5361 -71 5455
28-Mar-12 april 5247 5269 5347 -78 5450
29-Mar-12 april 5233 5251 5332 -82 5441
30-Mar-12 april 5333 5292 5332 -41 5387

Friday's high in nifty futures was 5347. If nifty crosses the same on Monday, then it would be a nice entry point to go long. Not only that ,at 5347 3EMA would have crossed over 15EMA. That means again an indication to go long. But according to rules, we have to wait for 3.25pm to get EOD dat to take an entry.
Hope my interpretation is correct....please correct if I am wrong.

 

[kcsusha]

I think figures as on 30/3/12 should be as under:-
NF Close 3 EMA 15 EMA Reversal Point
5333 5266 5293 5329

 

[fxtraderdxb]

Dear Friends

Please post the Excel sheet one again for easy calculation of EMAs and SAR Levels.

It will help new comers and those who do not have access to Charts.


Thanks & Regards

FxTraderDxb.

 

[satyen2073]

hi frids
i always use nifty spot for trading level .. tyr this when u trade in nifty .. ok

 

[achopraa]

Status at EOD 2nd April-

Last Trading Price(Not the Settled Price) - 5357.75
3EMA - 5312.06
15EMA - 5301.16

Strategy - Since 3EMA > 15EMA - GO LONG

The last trend didn't give much returns. The max is went down was around 200 points and couldn't find any day when 3EMA was way beyond the price.

What next....Let's see....

 

[prabhsingh]

Last closing Nifty price is 5317.90.

 

[timepass]

Can you guys also check the weekly and monthly charts for 315 please.

 

[sunilrhs]

Status at EOD 2nd April-

Last Trading Price(Not the Settled Price) - 5357.75
3EMA - 5312.06
15EMA - 5301.16

Strategy - Since 3EMA > 15EMA - GO LONG

The last trend didn't give much returns. The max is went down was around 200 points and couldn't find any day when 3EMA was way beyond the price.

What next....Let's see....

Dear Acho...

The EMA's of Nifty April series are follows on the closing price of 5357.75 --( 3 EMA - 5325) and (15 EMA-5336).. to have the crossover tommorow all we need is the cloing above 5350...

I think you have taken EMA's in continous from march series to April series...Its better to take the series of current month and its cloding for last one month to calcluate the EMA...otherwise we may have the whipsaws..

TP any comments here...

 

[achopraa]

Dear Acho...

The EMA's of Nifty April series are follows on the closing price of 5357.75 --( 3 EMA - 5325) and (15 EMA-5336).. to have the crossover tommorow all we need is the cloing above 5350...

I think you have taken EMA's in continous from march series to April series...Its better to take the series of current month and its cloding for last one month to calcluate the EMA...otherwise we may have the whipsaws..

TP any comments here...

But we always used to take the same in the continous fashion. Never read that we need to consider the data for the same series in case of an expiry. Yes, whipsaws might be there but that will be part of the strategy.

Or maybe this is an oversight from me. TWH, Help Needed!!!