SH's 315 Strategy - how to use if effectively

[TradeJoker]

tik tik anyone here ?

 

[bestnifty]

pdf

Dear Guys ! Everytime a new comer arrives he has to search the entire thread for the modification in the rules.So if you tell me which posts contain them I will combine them and post it as a PDF file .TWH can attach it in the first page of this thread for the sake of new comers.

 

[kcsusha]

EOD for 17/4/2012 as under:-
3EMA-5284
15EMA-5286
NF closing-5320
Reversal Point-5288
NF has gone ahead of the reversal point, but as per the system, since 3EMA is still
below 15EMA, it is a SELL! Once again we have missed 30 pointstoday.
Please see my earlier comments where I had mentioned that we can initiate BUY
as soon as NF crosses 15 EMA, provided NF is above both 3 and 15 EMA and
3EMA is not far behind 15 EMA.

 

[timepass]

EOD for 17/4/2012 as under:-
3EMA-5284
15EMA-5286
NF closing-5320
Reversal Point-5288
NF has gone ahead of the reversal point, but as per the system, since 3EMA is still
below 15EMA, it is a SELL! Once again we have missed 30 pointstoday.

Please see my earlier comments where I had mentioned that we can initiate BUY
as soon as NF crosses 15 EMA, provided NF is above both 3 and 15 EMA and
3EMA is not far behind 15 EMA.

Good reminder. Do you suggest that such a trade should be taken during the day and not wait for 3:25 ??

 

[fxtraderdxb]

EOD for 17/4/2012 as under:-
3EMA-5284
15EMA-5286
NF closing-5320
Reversal Point-5288
NF has gone ahead of the reversal point, but as per the system, since 3EMA is still
below 15EMA, it is a SELL! Once again we have missed 30 pointstoday.
Please see my earlier comments where I had mentioned that we can initiate BUY
as soon as NF crosses 15 EMA, provided NF is above both 3 and 15 EMA and
3EMA is not far behind 15 EMA.

Dear Sir

Thanks for the update.

Please post the Excel for determining EMA and Reversal Point.

 

[vinst]

Good reminder. Do you suggest that such a trade should be taken during the day and not wait for 3:25 ??

since 15ema could be crossed anytime, there would be no need to wait for 3:25. As of now a trial aspect for me.

 

[TradeJoker]

i'm long in NF (not as per 315 though)

 

[godsuyash]

we can also try on 8 21 ema

 

[trade4joisar]

Due to rangebound, today again 315 gave 8th crossover after 27th Feb.

3 ema = 5304
15 ema = 5291

Today's low is, 5312, 3 ema left but not much difference.

Hope this crossover cover all losses we made in last crossover(s).
I am long in NF

 

[jain.er]

8 Whips are far too many for any good strategy