SH's 315 Strategy - how to use if effectively

[trade4joisar]

any suggestion for the above query?

So when we are talking about 50 points for NF i.e. almost 1% of its price, same should be applied to BNF so it should be 107 points.

 

[FanaticTrader]

wow thx .. but tel me kounsa chart dekhe 5 min 15 min...................sl kya tgt kya?

Hi Satyen,

I would suggest to read and understand the setup by going through the first few posts by SH. Until you understand them and apply the same practically its difficult got get hold of subject.

 

[thavva1023]

entered long again?

 

[timepass]

entered long again?

Why ?? You mean on 3EMA touch ??

 

[thavva1023]

Why ?? You mean on 3EMA touch ??

Yes, is it not correct?

 

[timepass]

Yes, is it not correct?

Yes, I think it is, but optional.. will have to look up the rules again.

 

[achopraa]

Yes, I think it is, but optional.. will have to look up the rules again.

If I refer to below example, we should take positions before Market close (at 3.25PM). SH, please confirm if my understanding is correct.

http://www.traderji.com/technical-a...rategy-how-use-if-effectively.html#post333264

 

[sb.ga]

Yes, I think it is, but optional.. will have to look up the rules again.

The Rule :

The exit points are where you find our 'current' EOD candle is not touching 3 EMA at all. On this candle, we book profits and wait for markets to correct back and touch 3 EMA again. As soon as 3 EMA is touched we jump back into our initiaal position. So in a way we stay with our position, we just exit it once and get back in after a small correction.

 

[timepass]

I think I'll keep for buying at 15EMA touch (presently about 5402)..

Is RKK around ??

 

[Baloon]

If I refer to below example, we should take positions before Market close (at 3.25PM). SH, please confirm if my understanding is correct.

http://www.traderji.com/technical-a...rategy-how-use-if-effectively.html#post333264

AKAIK, I dont think we need to wait for EOD to take long positions on 3ema touch. As soon as 3ema is touched we can enter back our original positions.