SH's MArket Correction Prediction Strategy

[saivenkat]

Dear Friends,

Nifty nosedived today to kiss 15 EMA and close below it.

I counted the number of candles on daily charts after 26th Feb.. and today was the 30th day.

So Nifty did correct and kissed 15 EMA within 6 weeks ! :lol:

Enjoy
SH

Fine SH sir, Shall we take that correction has begun. Since nifty closed below 15EMA, can we short it, if so what is the SL that we have to adopt?

Sir please give your views on this.

Regards
Saivenkat.

 

[Tradewithhunter]

Fine SH sir, Shall we take that correction has begun. Since nifty closed below 15EMA, can we short it, if so what is the SL that we have to adopt?

Sir please give your views on this.

Regards
Saivenkat.

Dear Saivenkat - Deepak has explained what needs to be done in the previous post.

You cant short it just becuase is has kissed 15 EMA and closed below it.

Cheers
SH

 

[gsri]

Dear Trade Hunter

Thanks for 315 strategy.

IT is one of the best and easiest to follow.
Short in NF today at 5232 .
Why dont we regularly post our current position with stop loss for next day and regularly track this ? for everyone following this method 's benefit ./

Thanks again
gsri

 

[VJAY]

Dear TWH,
Today NF touched 100 ema...so i bought 5000 pe & 5300 ce...total price 102.....is this trade is correct ?please give your feedback....

 

[Tradewithhunter]

Dear TWH,
Today NF touched 100 ema...so i bought 5000 pe & 5300 ce...total price 102.....is this trade is correct ?please give your feedback....

Trade is correct, I have gone for 5000 puts and 5200 calls though.

Cheers
SH

 

[VJAY]

Dear TWH,
Booked my position on 7/5/10...20% gain...where you booked your postion?

 

[Tradewithhunter]

Dear TWH,
Booked my position on 7/5/10...20% gain...where you booked your postion?

I booked them too at 18% on the same day :thumb:

Cheers
SH

 

[Tradewithhunter]

Hey Guys - Just to check .. anyone still using this system?

3 EMA is givign good short term profits based on this system!

Cheers
SH

 

[vinst]

Hey Guys - Just to check .. anyone still using this system?

3 EMA is givign good short term profits based on this system!

Cheers
SH

ppl silently use the system !

vin

 

[priyabalan]

HI SH,

The system is very good. I have a clarification on the same.

1.) 3 Ema shows different values in different time frame.For eg the 3 ema as on today as per 3 and 5 day chart in 5 mins time shows 5316 whereas in 15mins time frame it shows 5312.Kindly clarify which time frame should we take to arrive at 3 ema.

2.) I take the values of 15 EMA , 34 EMA and 100 EMA from 9 months chart.Kindly clarify if i am right in doing that.

3.) If my interpretation is right the candles should touch the above values(say 5316 or 5312 as the case may be) and not that the ema lines should pass through the candles. Please clarify. I am sorry if i am asking silly questions.

I shall post the various Ema points. KIndly let me know if my interpretation is right.

Thanks
Priya