SH's MArket Correction Prediction Strategy

[trade4joisar]

Hello SH,

I have one doubt here

Suppose crossover was happened on middle of week in March & If we talk about no. of weeks, last week was 5th week when candle has not yet touched 15ema.

Do we need to consider weeks here with exact dates OR 6th Week opposite direction will be OK for opening in opposition direction ?

Can we apply this in Commodity market ?
If Yes then Silver's 5th week is over.

This worked so well that if anybody have short Silver on 1st day of 6th Week, you will not look @ another strategy.

High on 25th April, 2011 = 73642
line touched on 2nd May = around 66000

Profit = 7642 * 5 (lot size is 5) = 38210 ( :clap: :thumb: :clapping:

Today's low is 56800. Now 3 ema is below 15 ema

I also missed this because margin was not available & i was on leave.

This means market will find some reason to correct itself.

Great Strategy :thumb:

 

[Tradewithhunter]

100 EMA touched... one can open 5700 straddle.

Alternatively, just buy 5700 calls assuming 100 EMA will support Nifty. If Nifty closes below 100 EMA, exit calls and buy 5700 puts. one of these options should double or more....

Cheers
SH

All holders of 5700 straddles must have got their 25% gains today when nifty closed at 5450.

People who closed their calls when Nifty closed below 100 EMA at 5568 (3rd May) and held onto puts should have actually got more than 25% since 5700 PE would have more than doubled by now.

I hope all are enjoying profits with not just market correction predictions but by the magic of 100 EMA as well...

Cheers
SH

 

[munde_77]

Thanks.........................

 

[crusader]

Brilliant strategy! Got around 40% profit with the straddle.

 

[trade4joisar]

Sintex entered in 6th week (15 ema correction)

 

[trade4joisar]

Sintex entered in 6th week (15 ema correction)

It worked as expected. :thumb:

2 lot of 2000 = earned 20K

SH Sir,
Thanks a lot :clap:, it was really hard for me to wait & watch. So you need to follow strategy without doubt & you will get the results

 

[bhurasandip]

It worked as expected. :thumb:

2 lot of 2000 = earned 20K

SH Sir,
Thanks a lot :clap:, it was really hard for me to wait & watch. So you need to follow strategy without doubt & you will get the results

absolutely true. One should follow strategy without doubt. I doubted and was punished holding 5700ce @ 122 may expiry. Though loosing some amount no regrets as the strategy worked but i was not mentally prepared to mint money. I beame die hard fan of SH. Jahan panaha tussi GREAT ho.
Thanks SH

 

[trade4joisar]

This is then 2nd day candle left 3 ema in SBI

We need to wait for EOD, if @3.25PM, if still candle is not touched we can go long with target of 3 ema.

 

[trade4joisar]

This is then 2nd day candle left 3 ema in SBI

We need to wait for EOD, if @3.25PM, if still candle is not touched we can go long with target of 3 ema.

@ 3:25 3 EMA line was not touching candle but as quota was full i was not able to enter into trade.

Will see how it reacts to this strategy.

 

[manoharpillai]

Please Ref. to Infy chart on 18th Apl 3ema left the candle and reentered only on the 4th day that is on 21st Prise wise also one would not have made much profit. I am new to 315 just started to read Kindly ignore if am wrong.Today just watched the moment of L&T 3ema was at 1509 crossed over and then crossover 15 ema 1550 it fired to 1600 in no minute. Excellent system Hates off to the Founder and many many thanks in sharing this simple and effective trading method. I will also be watching SBI and ONGC tomorrow.