SH's 315 Strategy - how to use if effectively

[raj_usb]

Re: 534 system

Could someone pls explain what is 534 strategy??

 

[naveenvadavadagi]

Re: 534 system

Could someone pls explain what is 534 strategy??

Hi Raj,

In simple words it's EMA 5 crossover of EMA 34 on EOD chart...

 

[arti]

got posted twice.

 

[arti]

Why no one replying to my query,Is it not worth asking?

Unitech is in bearish mode as per this crossover strategy.315crossover happened on 20/10/10.So we have to short as per strategy.Now on 28th it was expiry,so our position is squaredoff.Now on that day 3 was still below 15 so we should open new short position for next month(feb)?

I mean how to handle this scenario of expiry?Also, as per ur correction theory it should go up and touch 15ema in the coming days,so what should be our trade once our current month trade expires?

 

[Tradewithhunter]

Why no one replying to my query,Is it not worth asking?

Arti - yes you can rollover to Feb.

Cheers
SH

 

[Tradewithhunter]

I think its better to trade commodities intra-day with SH315. As commodities mkt. is open almost for 14 hrs. all the price moves takes place in single day. All news n events affect prices same day and next day we don't know what will happen. So I think its better and safe to trade commodities intra-day. No need to carry huge future positions for next day.

This is an interesting thought. I have never traded on commodities nor have i seen their charts.

Any website for Indian commodities charts (EOD and intraday) ?

Cheers
SH

 

[raj_usb]

Hi SH,

You can check any broker site for commodity charts may be Sharekhan TradeTiger. All intraday/EOD charts are available in this software. After going thru commodities charts pls let me know ur thoughts. Whether its better to use 315 for intra-day or EOD commodity charts?

Thanks.

- Raj

 

[Tradewithhunter]

IFCI, Unitech, Nifty, ICICI Bank all shorts rocking!!!!! whoever still has doubt on 315 should come and see this !!!! :rofl:

Super January for me !!! :cheers:

Cheers
SH

OK guys, huge gap down and 3 EMA not touched....

Nifty shorts covered now at 4735 originally shorted at 5080. Profit 345 points!

Unitech shorts covered now at 69 shorted at 83. Profit 14 points or Rs 63000 per lot.

IFCI shorts covered now at 48.50 shorted at 54. Profit 5.50 or Rs 43340 per lot.

SAIL shorts booked now at 204 shorted at 235. Profit Rs 31 or Rs 41850 per lot.

Total Profit booked : Rs 1,65,000 approx :thanx:

HOlding ICICI shorts still....


Have bought some OTM calls in each of these stocks out of the profit since I expect some technical bounceback... however this is not as per 315.

Cheers
SH :thumb:

 

[yesfive]

OK guys, huge gap down and 3 EMA not touched....

Nifty shorts covered now at 4735 originally shorted at 5080. Profit 345 points!

Unitech shorts covered now at 69 shorted at 83. Profit 14 points or Rs 63000 per lot.

IFCI shorts covered now at 48.50 shorted at 54. Profit 5.50 or Rs 43340 per lot.

SAIL shorts booked now at 204 shorted at 235. Profit Rs 31 or Rs 41850 per lot.

Total Profit booked : Rs 1,65,000 approx :thanx:

HOlding ICICI shorts still....


Have bought some OTM calls in each of these stocks out of the profit since I expect some technical bounceback... however this is not as per 315.

Cheers
SH :thumb:

dear sir,

yes we originally short nifty at 5080 but booked profit at 4993 and waited for again perfect touch of 315. The 315 perfect touch was happend on
1st jan at 4897. Today we booked profit at 4736. Hou you are saying short from 5080 to 4736. kindly clear me..

 

[citrus]

Congratulations. SH - I am becoming fan of your systems.

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