SH's 315 Strategy - how to use if effectively

[Fxtrad]

Dear SH, i wanted to know that exactly at what time we should enter a trade.
once we get buy/sell signal after daily candle is completed , then on next day morning we shud put trade directly or wait for sometime to come price at certain level and than put a trade.

 

[beyporebabu]

I do not think this is effective in a market dominated by circular traders- Promoters,High Net Worth Individuals, FII, DII etc- where small investors always burn their fingers

 

[trade4joisar]

Dear SH, i wanted to know that exactly at what time we should enter a trade.
once we get buy/sell signal after daily candle is completed , then on next day morning we shud put trade directly or wait for sometime to come price at certain level and than put a trade.

As soon as you see a 3 ema crossing 15 ema either side (long/short),

Best time will be 3:25 PM. For this you need software which shows realtime chart with 3 & 15 ema. http://www.icharts.in

My name is Trade4Joisar but i am not SH.

 

[trade4joisar]

I do not think this is effective in a market dominated by circular traders- Promoters,High Net Worth Individuals, FII, DII etc- where small investors always burn their fingers

OK. No problem.

We are fan of this strategy.

You do a paper trading on this & we will talk after 6 months with virtual (yours) & real (mine) money. :thumb:

 

[Fxtrad]

thanks trade4joisar

do u mean at 3.25 we should look at daily candlestick,which is about to form and accordingly take trade.

 

[trade4joisar]

thanks trade4joisar

do u mean at 3.25 we should look at daily candlestick,which is about to form and accordingly take trade.

YES.

For SL, add you can refer to 1st page of thread.

 

[jayan12]

Dear SH, i wanted to know that exactly at what time we should enter a trade.
once we get buy/sell signal after daily candle is completed , then on next day morning we shud put trade directly or wait for sometime to come price at certain level and than put a trade.

As per this system, we enter into the trade at the end of the day around 3.25. The very purpose of waiting till the end of the day is to ensure that cross over is not a false one [In some case cross over happens during the day and at the end of the day..the price reverse to prove that cross over happended was a false one].

 

[looser]

thanks for good strategy, do u have summary of this thread available with u??:thumb:

 

[jayan12]

thanks for good strategy, do u have summary of this thread available with u??:thumb:

You can find it at the first page of this thread.

 

[trade4joisar]

thanks for good strategy, do u have summary of this thread available with u??:thumb:

Aman has done a good job & summarized important discussion of 315 in single file.

http://www.traderji.com/technical-a...gy-how-use-if-effectively-232.html#post525181

Thanks Aman :clap: