SH's 315 Strategy - how to use if effectively

[timepass]

15 days are sufficient provided on the first day of calculation, set the ema to be equal to closing price of first day.

But, doesn't that basically give you the SMA and not the EMA ??

 

[vinst]

But, doesn't that basically give you the SMA and not the EMA ??

It uses ema formula from 2nd day onwards. only for the 1st day exception is made.


like:

day close ema3
1 1234 1234
2 1245 use ema3 formula
3 1232 use ema3 formula
.... and so on.

within 15 days one get correct ema3

 

[kingkrunal]

can we enter longs today. is it still bullish crossover and reentry zone

 

[srfelixmca]

Dear Members

Please avoid trading today because of budget. Market will be heavily volatile. End of the day we can decide it.

if anything wrong in this message, Please ignore this mail.

 

[satyen2073]

hi have u prf file of this rules method sl entry exit add ?

 

[satyen2073]

sorry PDF FILE FOR RULES ENTRY EXIT SL ADD ?

 

[satyen2073]

hello as per this method nifty cash not now in buying mode.. after 3 ema up on 15 ema tht time entry .. new entry .. rite?

i

 

[achopraa]

My Analysis -
A Close below 5439.10 would mean 3EMA moving down 2 days consecutively in the Row and thus one should Exit Longs (if Still Holding).

On the other hand since most of us are not holding any Longs, is this an opportunity to Go Long based on the 15EMA touch.

Or should we Wait. If 3EMA goes Up, we go Long, if the Bearish Crossover Happens, we go Short.
Any inputs?

 

[rishete]

Bearish crossover happens, will wait for 3.25 to close long position if any and open short position

 

[ronniem69]

My Analysis -
A Close below 5439.10 would mean 3EMA moving down 2 days consecutively in the Row and thus one should Exit Longs (if Still Holding).

On the other hand since most of us are not holding any Longs, is this an opportunity to Go Long based on the 15EMA touch.

Or should we Wait. If 3EMA goes Up, we go Long, if the Bearish Crossover Happens, we go Short.
Any inputs?

Please correct me if I'm wrong. For a bearish crossover, the price has to close below 15 EMA today (which looks likely as of now), but don't we have to wait until tomorrow to see if 3 EMA also closes below the 15 EMA?