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

[timepass]

15MA touch around 5310. Did anyone short ?? I bought 5300PE @68

 

[satyen2073]

hello vijay i m not asking for freeeeeee i know there is no free lunch .. ok.. so plz dont misunderstand me ..

 

[trader_boy]

15MA touch around 5310. Did anyone short ?? I bought 5300PE @68

15ema touch has occured but we need to wait for a bearish candle with close below 15ema to go short ...so waiting :thumb:

 

[anayash]

15MA touch around 5310. Did anyone short ?? I bought 5300PE @68

Shorted at 5309! :thumb:

 

[BrokerJi]

Hello,
Could anyone please confirm the bearish candle here?
I don't have access to the chat room or the charts, as I am behind some firewall :clapping:

 

[trader_boy]

Hello,
Could anyone please confirm the bearish candle here?
I don't have access to the chat room or the charts, as I am behind some firewall :clapping:

11:00 candle was a bearish one with close below 15ema
hence short @5291
sl@5315
bear sar @5543

 

[techtrader2]

NF has made a new low....Bear SAR is now 5315

 

[trader_boy]

bear sar taken out @5315 . so shorts covered

longs taken @5315
sl @5250
bull sar @5250
(risk 65 pts)

 

[BrokerJi]

I guess we can avoid taking new positions after 3 PM. Sometimes overnight risk not rewarding enough.

BJ

 

[timepass]

I guess we can avoid taking new positions after 3 PM. Sometimes overnight risk not rewarding enough.

BJ

I was thinking that some different SL strategy should be considered for this strategy. Maybe 3EMA +/- 10 or something like that. At least some better protection. For positional trades, a SL of 60-70-100 points is fine, but for a swing trade which is expected to give you 50-100 points ??