SH's 315 Strategy - how to use if effectively

[tanewbie]

Summary of trades in July

DATE	          CLOSE	         3 EMA	         15 EMA  POSITION        change	 MTM
15-07-2011	5586.95 	5592.87 	5588.39 	BUY	(13.30)	52.75
18-07-2011	5572.75 	5582.81 	5586.43 	SELL	(14.20)	
19-07-2011	5624.30 	5601.41 	5590.63 	BUY	51.55 	
20-07-2011	5569.55	        5585.48	        5587.99	       SELL	(54.75)	
21-07-2011	5544.20 	5564.84 	5582.52 	SELL	(25.35)	25.35
22-07-2011	5645.55 	5605.19 	5590.40 	BUY	101.35 	
25-07-2011	5690.65 	5647.92 	5602.93 	BUY	45.10 	45.10
26-07-2011	5574.35 	5611.14 	5599.36 	BUY	(116.30)-71.20
27-07-2011	5547.90 	5579.52 	5592.93 	SELL	(26.45)	
28-07-2011	5492.70 	5536.11 	5580.40 	SELL	(55.20)	55.20
29-07-2011	5488.05 	5512.08 	5568.85 	SELL	(4.65)	59.85

 

[gauharjk]

The daily candle has touched 15ema... So people following 315 strategy would be adding one more lot. Am I getting it right??

Thanx

 

[vinst]

The daily candle has touched 15ema... So people following 315 strategy would be adding one more lot. Am I getting it right??

Thanx

should not add since the position is not in clear profit.

 

[vinee89]

The daily candle has touched 15ema... So people following 315 strategy would be adding one more lot. Am I getting it right??

Thanx

According to 315 Strategy 3EMA should cross 15 EMA, no crossover till now. So i think no signal till now. Correct me if wrong, i am no expert.

Thanks

 

[amanfree]

According to 315 Strategy 3EMA should cross 15 EMA, no crossover till now. So i think no signal till now. Correct me if wrong, i am no expert.

Thanks

Adds has nothing to do with ema xover. we can have aggressive adds when prices touch 15 EMA.

 

[Tradewithhunter]

Still holding Nifty shorts ..and waiting for a trend... :fatigue:

Cheers
SH

 

[Tradewithhunter]

315 ema record frm end June till date

date	        signal   profit(loss)	
27-Jun-11	buy	166.00 	
18-Jul-11	sell	(52.00)	
19-Jul-11	buy	(56.00)	
20-Jul-11	sell	(76.00)	
22-Jul-11	buy	(71.00)	
27-Jul-11	sell	  60.00 	current trade

total		        (29.00)

Thanks ..... 4 whipsaws in a row ... bad month July !!

Cheers
SH

 

[cotton]

Still holding Nifty shorts ..and waiting for a trend... :fatigue:

Cheers
SH

Hello Sh...Can we use the same strategy in commodity as well or there is something different...and are the rules same as 315..

Thanks

 

[shantanujatar]

renuka has given a sell according to 315

3ema = 70.82
15ema = 71.33

todays close = 69.75

watch out for a whipsaw though.. gettin a lot of them these days

 

[sunny_cool]

@TRADEWITHHUNTER

Sir while using the EMA I m getting option of OPEN & CLOSE EMA in Chartnexus & while selecting them it gives slight movement to EMA

Can u please tell what is the difference between OPEN & CLOSE EMA & how thse can make difference & which one of these to use?

Regards,
Sunny