SH's 315 Strategy - how to use if effectively

[unbeatable]

I have been following icharts levels since some time... I see them working
Today levels say that below 5176 , it is bearish today...

What's ur view abt it ... I think thts why it is bouncing back from 5175-5180 levels

 

[Tradewithhunter]

Today with NF at 5195 .. 3 EMA has moved to 5175.

I have put in my buy order at 5175 now and waiting for it to fill.

Cheers
SH

NF has made a low of 5177. NOw if NF moves beyond 5200 today it will pull up 3 EMA and make it touch todays candle lows. Hence I have bought at 5185 now .. (though its 10 points above my original buy point) ....

Cheers
SH

 

[forestflower]

Dear unbeatable - My humble request, please ignore him and his comments. He is not worth all this time of yours.

Remember, we have a bigger fish to fry called 'Markets'... Lets focus on the mkts dude :thumb:

I know you are a mature trader and henceforth not continue with this banter with Raj The Royal.

Cheers
SH

DEAR SH,
I agree, elobrating beyond a point to doubting thomases serves no purpose. Every effective idea will have doubting thomas/mindles critic near and about it. Attending to them will dilute your focus and energy.We must distinguish between geniune traders seeking clarifications and psuedu traders.
In his prayers King goerge the fifth used to say " LORD GIVE ME THE STRENGTH TO CHANGE THINGS I CAN CHANGE. LORD GIVE THE PATIENCE TO BEAR THINGS I CANNOT CHANGE AND MY LORD GIVE ME THE WISDOM TO UNDERSTAND THE DIFFERENCE {i.e between what i can change and what i cann't}.
THUMPS UP TO YOU SH.

 

[unbeatable]

NF has made a low of 5177. NOw if NF moves beyond 5200 today it will pull up 3 EMA and make it touch todays candle lows. Hence I have bought at 5185 now .. (though its 10 points above my original buy point) ....

Cheers
SH

It makes sense...

I have bought 50% now arnd 5185... So that if mkt comes and touched 3EMA by going down , then I will invest remaining amnt to be safe....

 

[unbeatable]

DEAR SH,
I agree, elobrating beyond a point to doubting thomases serves no purpose. Every effective idea will have doubting thomas/mindles critic near and about it. Attending to them will dilute your focus and energy.We must distinguish between geniune traders seeking clarifications and psuedu traders.
In his prayers King goerge the fifth used to say " LORD GIVE ME THE STRENGTH TO CHANGE THINGS I CAN CHANGE. LORD GIVE THE PATIENCE TO BEAR THINGS I CANNOT CHANGE AND MY LORD GIVE THE WISDOM TO UNDERSTAND THE DIFFERENCE {i.e between what i can change and what i cann't}.
THUMPS UP TO YOU SH.

Really valuable quote:clapping:

 

[mysticalrun]

Dear sh sir thanks for your valuable inputs but i am confuse in one thing that shall we cover immediately my postion if any given day in morning opening 3 ema not touching the candle or is there any time frame for it because i am asking because every 2 or 3 days it do notouch 3 ema in either side at morning bell but later at day it touches 3 ema, so what will be the strategy

thanks in advance.

 

[unbeatable]

Dear sh sir thanks for your valuable inputs but i am confuse in one thing that shall we cover immediately my postion if any given day in morning opening 3 ema not touching the candle or is there any time frame for it because i am asking because every 2 or 3 days it do notouch 3 ema in either side at morning bell but later at day it touches 3 ema, so what will be the strategy

thanks in advance.

MysticalArun,

Yes you need to exit at opening , if you see opening price not touching 3day EMA at any day....

Wait till the 3 EMA is touched to reenter even if it takes days for that to happen...

 

[mysticalrun]

Thank you unbeatable sir. For this nfo.

 

[hardikvithlani]

Dear SH,

You and Mr. Unbeatable are doing nice job for posting current positions in Nifty. But, there are lot of follower in this thread who are doing Positional Trading.

I can post stocks which is giving buy signal based on EOD using 315 system.

If you give me a permission, i will post all the signals and will also post daily updates on those active stocks.

This activity will improve my trading ability in positional trading and also it will be the live demo of 315 for other followers.

Please suggest.:thumb::thumb::thumb:

 

[arti]

Have a doubt,why we add when candle touches 3ema,it may go further down also,as we add when 15ema is touched. In EOD charts many times its came down after touching 3ema(of course went up also)