SH's MArket Correction Prediction Strategy

[columbus]

A BULLISH crossover was spotted at ≈5740.
If EMA.3 > EMA.15 then we can expect a Bullish Trend since EMA.3 is very
sensitive to price fluctuation ,compared to EMA.15.
The chances of UP movement are good.

 

[gmt900]

Yes, as per 315 strategy, but also, as per the market correction strategy it was the time to exit, so I think that no entry would have been more justified.

I am not very conversant with the market correction strategy Need to study it. But the question is, when there are conflicting signals how does one coose the right action.

 

[anilnegi]

3 EMA is 5821.29 and 2 consecutive days 3 ema has not been touched by nifty..so tomorrow an interesting day.. it should touch 3 ema..let wait and watch

you r wrong i think

 

[anup]

you r wrong i think

Check todays low it is 5822 and 3 ema is 5821.29.. So it hasnt touched...

 

[timepass]

I am not very conversant with the market correction strategy Need to study it. But the question is, when there are conflicting signals how does one coose the right action.

As Columbus has pointed out, the bullish crossover happened yesterday, so any bullish positions should've been taken yesterday near EOD as per 315, and closed today near EOD as per the correction strategy.

 

[anilnegi]

anup ji

Rule is 3 EMA not touch for 2 days and it has touched yesterday

 

[anup]

anup ji

Rule is 3 EMA not touch for 2 days and it has touched yesterday

On the look with bare eyes it will look as it has touched 3 ema but it has not touched yesterday.. Just see the low of yesterday candle and 3 ema

 

[anilnegi]

On the look with bare eyes it will look as it has touched 3 ema but it has not touched yesterday.. Just see the low of yesterday candle and 3 ema

may be lets see tomorrow

 

[trade4joisar]

As Columbus has pointed out, the bullish crossover happened yesterday, so any bullish positions should've been taken yesterday near EOD as per 315, and closed today near EOD as per the correction strategy.

This is exceptional case when 3 ema left for 3rd consecutive day. So yesterday it left for 2nd day, so long should not be taken because of this strategy in 315.

 

[anilnegi]

This is exceptional case when 3 ema left for 3rd consecutive day. So yesterday it left for 2nd day, so long should not be taken because of this strategy in 315.

Sir

i differ from your point of view