SH's 315 Strategy - how to use if effectively

[amit44]

6 whips so far.

 

[anilnegi]

amit you also have take 5 & 54, i dont know why, strategy 315 is back tested not for months but for years and yield good result, it does not guarantee massive monthly return but surely you will get more than what an bank FD offer

 

[trade4joisar]

I was not aware of that on saturday there was a short session.

3 ema
26th April = 5203
27th April = 5207
28th April = 5220

So if we consider that, 3 ema is already up 2 consecutive days. We should exit from short on Saturday

3 ema = 5220
15 ema = 5250

Let see what happen on Monday.

 

[ambarish123]

hm im combining 315 with flow60.....the chart looks gud ......lets c realtime

 

[ambarish123]

even in the rangebound month 315 has made profit in the 60tf,not much but indeed profit

 

[lvgandhi]

hm im combining 315 with flow60.....the chart looks gud ......lets c realtime

What are the combined rules for the system.

 

[trade4joisar]

I was not aware of that on saturday there was a short session.

3 ema
26th April = 5203
27th April = 5207
28th April = 5220

So if we consider that, 3 ema is already up 2 consecutive days. We should exit from short on Saturday

3 ema = 5220
15 ema = 5250

Let see what happen on Monday.

Saturday was better option to exit from shorts

 

[kcsusha]

EOD data for 30/4/2012 as under:-
3EMA--5244
15EMA--5252
NF Close--5268
As per system, it is still a sell as 3 EMA is below 15 EMA whereas NF close has
already gone past reversal point of 5264. Since NF close is above 15 EMA and 3 EMA
is not far behind, we should have taken a Buy call today at 3.25 pm instead of waiting
for 3 EMA cross especially since NF close is above both 3 and 15 EMA. I have already commented on this small shortfall in the system. On Wednesday, if there is a gap-up
opening, we would be losing some 30 to 40 points.

 

[ambarish123]

What are the combined rules for the system.

if strict flow trader,ema can be used as get redy for correction or if strict ema trader flow=confirmation

 

[kcsusha]

As per Excel Formula copied from this thread, reversal point is shown as 5264.
Which means 3 EMA should have croeesd over 15 EMA, but it has not crossed
so far. What is the correct reversal point? Anyway, in my opinion, whether
3 EMA has crossed 15 EMA or not, NF price is above both 3 EMA and 15 EMA
and 3 EMA is not far behind 15 EMA. So it is a BUY on 30/4/2012 at 3.25 pm.
May please see my earlier comments with actual figures.