SH's 315 Strategy - how to use if effectively

[gb333]

chk out
http://www.traderji.com/technical-a...gy-how-use-if-effectively-306.html#post555851

Thanks for the post...
How to understand the sheet? Is it possible to enter/exit with the buy/sell signal at 3.25 PM.

 

[shantanujatar]

ashok leyland = sell

 

[Tradewithhunter]

3 EMA not touching todays candle so shorts can be booked and wait for 3 EMA retest for entry.

Cheers
SH

Nifty crashed to 5183 in no time today and taking support at Feb lows. The current trade has given approx 300 points profit till now ....

I have booked 50% profits due to the sudden down move ..... (not part of 315)

Cheers
SH

 

[bhurasandip]

Hai SH,
Don't have RT DATA access so covered mininifty shorts @ 5241 to lock my profit & reenter again on 3ema touch.
I think when minifty reached 5218 then 3ema will not be touching candle.
THANKS SH
315 ROCKS....

 

[vinst]

Hai SH,
Don't have RT DATA access so covered mininifty shorts @ 5241 to lock my profit & reenter again on 3ema touch.
I think when minifty reached 5218 then 3ema will not be touching candle.
THANKS SH
315 ROCKS....

day candle is touching 3ema today.

 

[crusader]

Quit @5240 level. What would be a good entry point? Wait till 15EMA touch or around 5300? Please share your views.

 

[shantanujatar]

weeeeehoooooo... killer system .... ashokley now 46.8.....



thanks a lot for this system:thumb::thumb::thumb:

 

[Tradewithhunter]

Quit @5240 level. What would be a good entry point? Wait till 15EMA touch or around 5300? Please share your views.

15 EMA is too far off .... if you have made 240 points profit (5484 to 5240) you can buy some 5200 puts and relax .... or wait for 15 EMA touch ....only rider being that if you wait for 15 EMA touch ..you will miss any further falls from here.

Cheers
SH

 

[rkkarnani]

Hai SH,
Don't have RT DATA access so covered mininifty shorts @ 5241 to lock my profit & reenter again on 3ema touch.
I think when minifty reached 5218 then 3ema will not be touching candle.
THANKS SH
315 ROCKS....

Sandip, Today Nifty had done a high of ~ 5379, so when the price moves lower so will the 3EMA, it ill touch the price bar high!!! It must have touched at much higher levels!!

 

[mmca2006]

Nifty crashed to 5183 in no time today and taking support at Feb lows. The current trade has given approx 300 points profit till now ....

I have booked 50% profits due to the sudden down move ..... (not part of 315)

Cheers
SH

SH

Should I buy any call to lock the profit against any upmove, if so , of which strike price ITM or ATM ?