SH's swing trading system - a simple way to play the markets

[satyen2073]

hi plz tel me howz i can use this ? i not understand plz any one tel me wts rules for this and full method

 

[satyen2073]

bakul shah gujju ? mane janaso plz ke vi rite aaa use thai te

 

[Baloon]

Why TSL of 5471 applicable to all longs?

Is it not that previous long posn SL is 5345 (as today high is not yet crossed after touching 15 EMA) and added longs to have SL as 5471?

Bakul

From what I understand, SAR remains at 5345 as NF has not broken above todays high after correcting to 15 EMA. However, Since we take longs much higher than the SAR now, to protect profits from previous trades we keep stop loss below recent low that is 5471.

Please correct me if I am wrong. Also trying to understand the system.

 

[timepass]

Why TSL of 5471 applicable to all longs?

Is it not that previous long posn SL is 5345 (as today high is not yet crossed after touching 15 EMA) and added longs to have SL as 5471?

Bakul

Bakul I guess 5345 would be the SAR, but the SL would be 5472 (as per my software) because it is the swing low.

 

[trader_boy]

Wow this thread has suddenly gone dead ....

Today mkts opened in GFZ and then reversed to touch 15 EMA ....
Earlier longs carried from 5367 ..booked today at 5525 and re-entered at 5475

now we have got bullish candle close above 15 EMA .... as per rules more longs taken at 5486 TSL 5471 (for all longs)

Is anyone trading this method at all? :lol:

Cheers
SH

shouldnt we exit only when gfz is hit twice ?

 

[cap21]

hello trader Boy
may i know if nifty close at 30m charts above 15 ema we have long for next day!

 

[manoharpillai]

I tried Nifty EOD chart with Envelop Plotted SMA: 20 +/- 10% (10.0.040) NIFTY and for High volatility stocks like Bank Nifty SMA: 20 +/- 10% (10.0.060) EMA8 the results are good

I Request Tradewithhunter to have a look at it and pass his comments
I am unable to copy Ichart Images and post it here.

 

[timepass]

I am unable to copy Ichart Images and post it here.

I don't know if Icharts allows you to save the image (in the free version). I use the PrintSceeen key from the keyboard.

 

[Tradewithhunter]

From what I understand, SAR remains at 5345 as NF has not broken above todays high after correcting to 15 EMA. However, Since we take longs much higher than the SAR now, to protect profits from previous trades we keep stop loss below recent low that is 5471.

Please correct me if I am wrong. Also trying to understand the system.

Baloon - correct sir

 

[Baloon]

I am using this strategy to trade the S&P futures too.. So far nice profits from longs..