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

[chandra1]

From where can i download ICharts?

icharts.in is a website for free EOD charts and paid RT charts

 

[arjunking]

what is the link of new chat room?

 

[trade4joisar]

Not much of a gap up.

Yes, It was not as expected. But at least we had new high because of which Bull SAR was 5270.

Bull SAR hit. Now bear SAR is 5330.

30 mins 15 ema = 5264

30 mins GFZ hit 2 times so profit should be booked around 5210.

For fresh entry
* Wait for 15 ema touch
* Then bearish candle below 15 ema
* Then next candle breaks above candles low (with SL as recent high).

And if 5195 is breaked then recent high will became Bear SAR.

 

[arjunking]

someone please post the link to the new chat room.
where is the discussion on this strategy, hardly any updates on this thread.

 

[arjunking]

found it
http://server26.parachat.com/hosted/index.html?site=89083_eval&room=Lobby&width=600&height=400

 

[trade4joisar]

There 2 things discussed in chat but not mentioned here.

1st discussion

We out of trade in 2 cases
1. 30 mins GFZ touched twice
2. Bull/Bear SAR hit but differnce between price & Bull/Bear SAR is > 100 points.

We take trade
when 15 ema touch & bullish/bearish candle closed above(long position)/below(short position). Here SH added new rule, after bullish/bearish candle, price should break high/low of this candle then only we should take the trade. This rule is added to have less whipsaws.

2nd discussion

Originally Posted by Tradewithhunter
Dear all - adding the Exit, re-entries rules.

Pyramiding later.

Exit rules when trade running in profit
Profits should also be booked in case 3 EMA has not touched the daily candle in two consecutive days (3EMA reversal rule)

Happy trading and Cheers !

SH

SH,
I have question on one of the exit rule.

I just want to whether we need to exit @ open (because here we are talking about intraday strategy) or have to wait till EOD for this rule ?

Today in daily 3 ema has left @ close also.

SH, said it can be intraday but most powerful will be EOD.

Please correct me if i am wrong

If there is any other important discussion, please post here.

 

[trade4joisar]

I have updated PDF with all remaining important discussion.

Let me know if i missed anything.

https://docs.google.com/open?id=0BwQTo2jcisNVSHl3akh1b2lCems

BTW, Anybody knows how to update same file & not upload new file in google doc?

So this is new link.

 

[arjunking]

I have updated PDF with all remaining important discussion.

Let me know if i missed anything.

https://docs.google.com/open?id=0BwQTo2jcisNVSHl3akh1b2lCems

BTW, Anybody knows how to update same file & not upload new file in google doc?

So this is new link.

i dont think u can update a PDF but had it been in doc format then u cud have.
u can use a converter to convert it into doc.

 

[trade4joisar]

i dont think u can update a PDF but had it been in doc format then u cud have.
u can use a converter to convert it into doc.

I have word file & then i save it as PDF.

Ok, I will reframe the question.

How can i update same file (PDF) in google document, so that i can have same URL i have given last time?

 

[Bakul Shah]

There 2 things discussed in chat but not mentioned here.

1st discussion

We out of trade in 2 cases
1. 30 mins GFZ touched twice
2. Bull/Bear SAR hit but differnce between price & Bull/Bear SAR is > 100 points.

We take trade
when 15 ema touch & bullish/bearish candle closed above(long position)/below(short position). Here SH added new rule, after bullish/bearish candle, price should break high/low of this candle then only we should take the trade. This rule is added to have less whipsaws.

2nd discussion




SH, said it can be intraday but most powerful will be EOD.

Please correct me if i am wrong

If there is any other important discussion, please post here.

Dear,

One doubt. If SAR and CMP diff more than 100, and we wait for E15 touch. The original rule for entry was bullish/bearish candle close above/below e15 AFTER e15 touch.

As per new guideline, still do we have to wait for a bullish/bearish candle close above/below E15 after E15 touch, OR close above/below E15 criteria need not apply and mere bullish/bearish candle criteria applies. Then trade in next candle if high/low broken of prime candle.

Thanks
Bakul