SH's 315 Strategy - how to use if effectively

[Bikki]

I again went through the thread from starting and saw SH's post that he places order where 3EMa is initially, and wait for it to get filled.

So for today shld have kept sell order at somewhere around 4870-80.

anyways,will keep in mind next time.

 

[gambler]

Dear Bikki,

Please clear my doubt, as yesterday's 3EMA was 4909.49 and you have mentioned that we should keep sell order between 4870-80. Even at 4870-80 3EMA will not get touch, how you came to this figure i.e 4870-80.????

Thanks in advance!

I again went through the thread from starting and saw SH's post that he places order where 3EMa is initially, and wait for it to get filled.

So for today shld have kept sell order at somewhere around 4870-80.

anyways,will keep in mind next time.

 

[Bikki]

Dear Bikki,

Please clear my doubt, as yesterday's 3EMA was 4909.49 and you have mentioned that we should keep sell order between 4870-80. Even at 4870-80 3EMA will not get touch, how you came to this figure i.e 4870-80.????

Thanks in advance!

y'day price never touched 3EMA,so we might have kept sell order where intially 3EMA was,and it would not have got filled.

Today again when nifty opened,candle was not touching 3EMA,but 3EMa was hovering around 4870-80,so again we would have kept sell order around those levels,and it would have got filled today,as afterwards nifty fell dragging 3EMa to that range.

Hope u understood

 

[moneydada]

Hi TH ,

This first time I am interacting with you . I have implemented 315 in metastock according to your rules . I will paste update chart later on . Need your kind help to go trough the chart and and identify gaps . Very soon I will post the chart of nifty

 

[trader_boy]

can anyone please post the reversal point for tomorow.Just want to confirm.

 

[ba8910]

5083 - 5084

 

[gambler]

http://www.4shared.com/document/n_BwyZYP/Nifty_FO.html

Thanks!

 

[trader_boy]

http://www.mediafire.com/?enuyizdnu53g611

This is what i am using to keep track of the crossover point...Given to me by a member and i hav been updating it recently.So my question is that this gives me the reversal point, but how do i know in live market whether the price candle is touching 3ema/15ema or not, so that i can trade accordingly.How do i keep track of that.

 

[trader_boy]

http://www.4shared.com/document/n_BwyZYP/Nifty_FO.html

Thanks!

http://www.mediafire.com/?enuyizdnu53g611

kindly check the 3ema n 15em values ...enormous difference

 

[jallanankit]

Can someone tell me the advantages of EMA over MA