Still have no qualms about the whipsaws. They only signify that the market is indecisive and once the next trend starts it will be a huge one. We only have to trade the signal and hold on tight!!
DATE CLOSE 3 EMA 15 EMA POSITION change MTM comments
15-07-2011 5586.95 5592.87 5588.39 BUY -13.30 52.95
18-07-2011 5572.75 5582.81 5586.43 SELL (14.20) 0.25 short @5573 profit on prv long 150+
19-07-2011 5624.30 5601.41 5590.63 BUY 51.55 -51.00 long @5625 loss on prev shrt 51
20-07-2011 5569.55 5585.48 5587.99 SELL (54.75) -54.75 short @5569 loss on prev long 55
21-07-2011 5544.20 5564.84 5582.52 SELL (25.35) 24.80
22-07-2011 5645.55 5605.19 5590.40 BUY 101.35 -76.55 long @5645 loss on prev shrt 76
DATE CLOSE 3 EMA 15 EMA POSITION change MTM comments
15-07-2011 5586.95 5592.87 5588.39 BUY -13.30 52.95
18-07-2011 5572.75 5582.81 5586.43 SELL (14.20) 0.25 short @5573 profit on prv long 150+
19-07-2011 5624.30 5601.41 5590.63 BUY 51.55 -51.00 long @5625 loss on prev shrt 51
20-07-2011 5569.55 5585.48 5587.99 SELL (54.75) -54.75 short @5569 loss on prev long 55
21-07-2011 5544.20 5564.84 5582.52 SELL (25.35) 24.80
22-07-2011 5645.55 5605.19 5590.40 BUY 101.35 -76.55 long @5645 loss on prev shrt 76
Post directed at rkkarnani : I remember you had devised some strategy of 13/34 cross with SMA! Then you switched to EMA on advice of ccmb!!
If I am not wrong , after TWH started this 315 thread you had attached a chart of NF with 13/34 and 3/15 Moves combined with some narrative about how to trade it. You later removed the attachemnt and edited the post as there was some talk of creating 'confusion' in 315 trades.....if that chart is still hand please post it as people are looking for some tweaks in the trading. Manohar has also observed that 13/34 works good. Maybe you can even post an uptodate chart of 13/34 and 3/15 indicators combined!! Awaiting eagerly!!
post directed at rkkarnani : I remember you had devised some strategy of 13/34 cross with sma! Then you switched to ema on advice of ccmb!!
If i am not wrong , after twh started this 315 thread you had attached a chart of nf with 13/34 and 3/15 moves combined with some narrative about how to trade it. You later removed the attachemnt and edited the post as there was some talk of creating 'confusion' in 315 trades.....if that chart is still hand please post it as people are looking for some tweaks in the trading. Manohar has also observed that 13/34 works good. Maybe you can even post an uptodate chart of 13/34 and 3/15 indicators combined!! Awaiting eagerly!!
i am not here to confuse or defame 315 credibility. This is my first post regarding 13/34. I tried this system which has given me to position my trade
my intention is to give my experience to others benefit. By posting
this please tell me what did i get out of it. Let this can be healthy debate not with an ulterior motivation
finally i give my due respect to 315 and its founder
Dear TWH,
for the ppl like me who have not taken any position at present, is it better to watch for a trend to take place before taking a position in this type of market?
I think its going to be a gapup opening 2moro.... If so stay away and wait.... Or else jumpin.... 4 whipsaws already.... There is a max. Probability of just one more.... If u dont participate... You will end up just standing in the sidelines.... Scenario will always be doubtful for one reason or d other.....
Dear TWH,
for the ppl like me who have not taken any position at present, is it better to watch for a trend to take place before taking a position in this type of market?