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

Tradewithhunter

Tradewithhunter

Banned
#841
#841
trade4joisar said:
As per my understanding, please correct me if i am wrong.
I am not always in chat so if any add/edit in rule, please post here.

Entry

For long (Similar rules for short with bull SAR hit, bearish candle closed below 15 ema & low is broke)

  • SST is in long mode i.e. bear SAR hit (liked on 15th 5113 hit)
  • SAR is <= 100 points
  • SAR is > 100 points then WAIT FOR
    • Retracement to 15 ema
    • Closed bullish candle close above 15 ema
    • Price broke high is of bullish candle with SL <= 50 points

TSL

After new high is broke, retracement to 15 ema & again bullish candle closed above 15 ema & then high is broken (HIGH BREAK IS NOT REQUIRED FOR TSL, IT IS ONLY REQUIRED TO BUY MORE. TSL CAN BE PLACED IMMEDIATELY AFTER GREEN CANDLE CLOSE ). So recent low should be considered as TSL for long entry (similar for short entry)

As per recent discussion
Trade setup (i.e. After 15 ema bullish candle touch & break high of bullish candle) if again without much movement again we get a trade setup then it should not be consider as TSL as it did not provide any opportunity. (NOT SURE WHAT YOU MEAN HERE)This also can be used to add your OR new (if missed previously) position if SL is <= 50 points

Exit

  • 50% when
    • RR 2:1
    • GFZ touched once
  • 100% when
    • RR 4:1 (NOt MANDOTARY, YOU CAN JUST HOLD UNTIL TSL IS HIT)
    • GFZ touched twice (NOt MANDOTARY, YOU CAN JUST HOLD UNTIL TSL IS HIT)
    • SAR/SL is too far away with RR 2:1
    • Daily 3 ema left for consecutive 2 days (NOT APPLICABLE FOR SST)
    • @ Open 3 ema difference is around 50 points. (315 daily rule, I experienced this so mentioned, one can ignore if feels :)) (NOT APPLICABLE FOR SST)

SH,
Everybody will needs your comments & signature for this :D
Click to expand...
Looks ok but to clarify some small nuances in CAPS and RED above

Cheer
SH
 
Last edited:
P

puppy

New Member
#843
#843
sh,

I have a request.

In your swing strategy trade tracker excel sheet if you could add two more columns i,e

1.current sar
2.trade exit date

it will be very helpful for newbie like me. :)
 
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