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

[sb.ga]

Broke bull sar on my chart. But also in GFZ. I will wait for the entry trigger to short.

Yes, today being bad day in office as twice the buy entry was taken both trades in loss. Now will wait for the Nifty to touch 15 EMA to enter shorts.

 

[trader_boy]

yes even 2nd trade gave 90 pts loss..waiting to inititae shorts nw

 

[Tradewithhunter]

Hey guys - where did all the money management go?

I can understand the first long today morning which had an acceptable SL for 35-40 points which could have been taken...I took it too and SL was hit.

But how can someone take the second trade with 90 point SL any trades which we take at 15 EMA has to have small SL .. thats the whole idea

bit disappointed with people who traded the second one .. I didnt trade it.

Anyways .. bull SAR taken out today .... now Bear SAR is 5543 so obviously trade cant be taken. Now we wait for 15 EMA retest and then take a short. Also note GFZ hit so 15 EMA retest should not be far away.

Cheers
SH

 

[trader_boy]

Hey guys - where did all the money management go?

I can understand the first long today morning which had an acceptable SL for 35-40 points which could have been taken...I took it too and SL was hit.

But how can someone take the second trade with 90 point SL any trades which we take at 15 EMA has to have small SL .. thats the whole idea

bit disappointed with people who traded the second one .. I didnt trade it.

Anyways .. bull SAR taken out today .... now Bear SAR is 5543 so obviously trade cant be taken. Now we wait for 15 EMA retest and then take a short. Also note GFZ hit so 15 EMA retest should not be far away.

Cheers
SH

SH ..so how much sl is advised to get into the trade in such circumstances ?
around 50?

and pl. guide me on how to handle the situation if say we skip the trade and then the price keeps on rising ?? ...do we enter then or just wait for another trade opportunity to arise ? thanks in advance

 

[Baloon]

Thanks SH. I didn't take both trades today. The first one I missed as I got busy that time and second trade SL seemed too far off.

BTW can you clarify on the Bear SAR? You mentioned bear SAR now is 5543. Did you mean 5453? Thats the SAR shown on my chart currently.

Hey guys - where did all the money management go?

I can understand the first long today morning which had an acceptable SL for 35-40 points which could have been taken...I took it too and SL was hit.

But how can someone take the second trade with 90 point SL any trades which we take at 15 EMA has to have small SL .. thats the whole idea

bit disappointed with people who traded the second one .. I didnt trade it.

Anyways .. bull SAR taken out today .... now Bear SAR is 5543 so obviously trade cant be taken. Now we wait for 15 EMA retest and then take a short. Also note GFZ hit so 15 EMA retest should not be far away.

Cheers
SH

 

[timepass]

BTW can you clarify on the Bear SAR? You mentioned bear SAR now is 5543. Did you mean 5453? Thats the SAR shown on my chart currently.

I see 5530 on the 14th and 5480 today.

 

[trader_boy]

Thanks SH. I didn't take both trades today. The first one I missed as I got busy that time and second trade SL seemed too far off.

BTW can you clarify on the Bear SAR? You mentioned bear SAR now is 5543. Did you mean 5453? Thats the SAR shown on my chart currently.

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14mar 9:30 candle was 5542 .....hence bear sar is 5543 :thumb::thumb:

 

[satyen2073]

hi
any one work on tatasteel 30 min /
???????????// bulsar break today ? intrday 30 min


b

 

[Baloon]

Hi Trader Boy,

Can clarify why 5543 is sar and not 5480 or 5453 as after correcting to 15ema price created new lows?

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14mar 9:30 candle was 5542 .....hence bear sar is 5543 :thumb::thumb:

 

[r_364]

Afl

Seems to be an interesting System.. Does anyone have an AFL to plot the SAR Pivots and signal trades.

Also an AFL scanner will be useful