| View previous topic :: View next topic |
| Author |
SH's 315 Strategy - Positional Trades |
Stockhunter
White Belt
Joined: 10 Jun 2008
Posts: 193
|
Post: #31  Posted: Thu Apr 23, 2009 8:45 am Post subject: |
 |
|
Hi Rahul,
RSEX works on all timeframes hence can be used on intraday as well.. 315 is more positional in nature..... I am in a full time employment and still use RSEX and 315 for my swing and positional trading.
Makhijani - The candle may go below or may not go below 15 EMA .. thats not relevant.. remember these are positional trades so you cant time your entry at the exact tops or bottoms..
Cheers
SH
|
|
| Back to top |
|
 |
|
|
|
RKM
White Belt
Joined: 06 Apr 2009
Posts: 137
|
| Post: #32 Posted: Thu Apr 23, 2009 3:54 pm Post subject: |
|
|
Hi SH,
Just what I was afraid of happened today. What next?
Makhijani
|
|
| Back to top |
|
|
rahulskr
White Belt
Joined: 03 Mar 2009
Posts: 5
|
| Post: #33 Posted: Thu Apr 23, 2009 4:24 pm Post subject: |
|
|
hi SH
many thanx for the reply.........
cheers
|
|
| Back to top |
|
|
Stockhunter
White Belt
Joined: 10 Jun 2008
Posts: 193
|
| Post: #34 Posted: Tue May 05, 2009 7:38 pm Post subject: |
|
|
...and the rally continues with 315 strategy not given a single sell signal since 16th March 09. It gave a buy signal at 2774 and we have made a recent high of 3693 so almost 900+ point rally already captured by 315 is this current trade.
I am also pasting todays EOD charts... 2 EOD candles and their bodies not touching 3 EMA ... tomorrow we should touch 3 EMA 98 out of 100 times!!
Cheers
SH
| Description: |
|
| Filesize: |
12.94 KB |
| Viewed: |
750 Time(s) |
|
|
|
| Back to top |
|
|
RKM
White Belt
Joined: 06 Apr 2009
Posts: 137
|
| Post: #35 Posted: Tue May 05, 2009 7:53 pm Post subject: |
|
|
Hi SH,
Thanks for your new post, God bless you! Check out my post to you in the RSEX topic.
Great going, though! May you have many more such smooth rides and also allow us to hop on!! But, of course, one must have the sense not to get off midway.
Best wishes,
Makhijani
|
|
| Back to top |
|
|
hareshtole
White Belt
Joined: 15 Jan 2008
Posts: 9
|
| Post: #36 Posted: Wed May 06, 2009 9:09 am Post subject: |
|
|
Hi SH,
The two candles which do not touch the 3 EMA - Does it not give a sell signal, according to the 315 strategy ? Would request your help in clarifying this.
Regards,
Haresh
|
|
| Back to top |
|
|
Stockhunter
White Belt
Joined: 10 Jun 2008
Posts: 193
|
| Post: #37 Posted: Wed May 06, 2009 4:49 pm Post subject: |
|
|
| hareshtole wrote: | Hi SH,
The two candles which do not touch the 3 EMA - Does it not give a sell signal, according to the 315 strategy ? Would request your help in clarifying this.
Regards,
Haresh |
Haresh - as per one of my previous post .. its not a sell signal per se but a good place to book profits and enter again when the candle touches the 3 EMA again ... agressive traders can book profits as well as open shorts to be covered at 3 EMA but thats not the essence...
Today Nifty did fall after making new highs just to touch 3 EMA so my guess of 98 out of 100 was right.... 
Cheers
SH
|
|
| Back to top |
|
|
hareshtole
White Belt
Joined: 15 Jan 2008
Posts: 9
|
| Post: #38 Posted: Wed May 06, 2009 5:01 pm Post subject: |
|
|
Hi SH,
Thanks for your response.
"Today Nifty did fall after making new highs just to touch 3 EMA so my guess of 98 out of 100 was right" ... Experience counts . You are graciously sharing it with us in this forum !!! 
Regards,
Haresh
|
|
| Back to top |
|
|
SUNITbLL
White Belt
Joined: 20 Feb 2009
Posts: 6
|
| Post: #39 Posted: Wed May 06, 2009 6:32 pm Post subject: SHS 315 STRATAGY |
|
|
| R/SIR KINDLY SEND COMPLETE THEORY OF ABOVE MENTIONED SUBJECT
|
|
| Back to top |
|
|
RKM
White Belt
Joined: 06 Apr 2009
Posts: 137
|
| Post: #40 Posted: Wed May 06, 2009 11:14 pm Post subject: |
|
|
Hi SH,
Great prediction, congrats! Now when is the 3EMA going to crossover the 15EMA downwards?? The RSEX is ready for a bearish crossover.
At this stage, would you consider any more adds in the current trade?
Best wishes,
Makhijani
|
|
| Back to top |
|
|
Stockhunter
White Belt
Joined: 10 Jun 2008
Posts: 193
|
| Post: #41 Posted: Thu May 07, 2009 5:45 pm Post subject: |
|
|
| Makhijani wrote: | Hi SH,
Great prediction, congrats! Now when is the 3EMA going to crossover the 15EMA downwards?? The RSEX is ready for a bearish crossover.
At this stage, would you consider any more adds in the current trade?
Best wishes,
Makhijani |
Makhijani - when will 3 cross 15 .. no clue.. maybe this month. Whether adds should be done in current long trades... nope since 3 adds have already happened in this strategy (as per my previous post).
Cheers
SH
|
|
| Back to top |
|
|
RKM
White Belt
Joined: 06 Apr 2009
Posts: 137
|
| Post: #42 Posted: Fri May 08, 2009 6:14 pm Post subject: |
|
|
Hi SH,
Just saw your post on RSEX. As you have rightly pointed out there are indications that the market may reverse direction fairly soon. The EMA crossover in 315 will take time to come. What are the signals you would take in 315 to lighten your positions or book profits before the actual crossover?
I have been carrying shorts since some time and I ask because I don't want another bashing in case the market turns upwards again. What are the danger signs I should look out for?
Cheers,
Makhijani
|
|
| Back to top |
|
|
suprithvi
White Belt
Joined: 06 Apr 2007
Posts: 16
|
| Post: #43 Posted: Sun May 10, 2009 4:35 pm Post subject: 315 strategy |
|
|
| SH sir, i have a doubt .Have we to enter the trade on closing basis or if it touches itself can we enter.pl clarify, because in recent days maruti crosses went up, down so many times in a day.
|
|
| Back to top |
|
|
Stockhunter
White Belt
Joined: 10 Jun 2008
Posts: 193
|
| Post: #44 Posted: Mon May 11, 2009 4:20 pm Post subject: Re: 315 strategy |
|
|
| suprithvi wrote: | | SH sir, i have a doubt .Have we to enter the trade on closing basis or if it touches itself can we enter.pl clarify, because in recent days maruti crosses went up, down so many times in a day. |
Suprithvi - the first trade needs to be done only after the EOD candle is almost closed.. so balcially you wait for a clear crossover after the candle close to be fairly visible. Maruti on EOD hasnt yet given a sell as per 315.
Hope this helps.
Cheers
SH
|
|
| Back to top |
|
|
Stockhunter
White Belt
Joined: 10 Jun 2008
Posts: 193
|
| Post: #45 Posted: Mon May 11, 2009 4:22 pm Post subject: |
|
|
| Makhijani wrote: | Hi SH,
Just saw your post on RSEX. As you have rightly pointed out there are indications that the market may reverse direction fairly soon. The EMA crossover in 315 will take time to come. What are the signals you would take in 315 to lighten your positions or book profits before the actual crossover?
I have been carrying shorts since some time and I ask because I don't want another bashing in case the market turns upwards again. What are the danger signs I should look out for?
Cheers,
Makhijani |
Makhijani - a bearish crossover on EOD RSEX is a good signal to book profits in EOD and wait until RSEX gives buy .. often RSEX will give a signal first than 315 but an exit from 315 based on RSEX can also mean some profits lost if RSEX signal fails.
Cheers
SH
|
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
