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

[anil_s_trivedi]

When does it get signalled ? at what value ?

Dear timepass,

As far as i know of this strategy, Signalled here means touch of 15 ema and bearish candle close afterwards here to initiate shorts. Actually this is the point in pyramiding i think. So he is using it here for making/initiating position.

Else, first position need to reverse as soon bull SAR got breached.

But 15 ema touched at 2:30pm and again at 3:30 pm candle too, So it may means any black bar will make it a short case here.

trade4joisar, can comment on it in a better way.

 

[trade4joisar]

Dear timepass,

As far as i know of this strategy, Signalled here means touch of 15 ema and bearish candle close afterwards here to initiate shorts. Actually this is the point in pyramiding i think. So he is using it here for making/initiating position.

Else, first position need to reverse as soon bull SAR got breached.

But 15 ema touched at 2:30pm and again at 3:30 pm candle too, So it may means any black bar will make it a short case here.

trade4joisar, can comment on it in a better way.

Yes, as you said bearish candle below 15 ema will make high made as TSL i mean below 7842. and then price breaking low of bearish candle will initiate short.

TSL should be <=50 else one can wait till price comes near TSL and then initiate short.

1st position reverse as soon as bull SAR got breached can be only when SL is <=50 which does not a happen frequently.

 

[anil_s_trivedi]

 

[anilnegi]

Anil ji

your charts are so clean and simple, everytime i see them i know where to enter and where to exit.

anil negi

 

[trade4joisar]

SAR hit.

bear SAR is now 7842 which is too far, so one has to wait for 15 ema touch and proper signal.

15 ema touched, but yet no signal.

15 ema = 7783.

Let see.

Bearish candle closed at 10:30 and next candle broke low of this candle i.e. 7771.5, so TSL was 7801, made new low, so today's high is SAR now.

15 ema touched in last half an hour, but no TSL yet.

SAR = 7801
15 ema = 7750

 

[anil_s_trivedi]

 

[trade4joisar]

Bearish candle closed at 10:30 and next candle broke low of this candle i.e. 7771.5, so TSL was 7801, made new low, so today's high is SAR now.

15 ema touched in last half an hour, but no TSL yet.

SAR = 7801
15 ema = 7750

bearish candle closed at 10:00 AM and got short signal when price goes below low of this candle with TSL at 7762.

Again new TSL created at 7748, made new low, so 7762 became SAR.

TSL hit, SAR hit and around 35 points up after that.

bull SAR = 7706
15 ema = 7751.

If i go with strict rule when SAR broken then SL for long was > 50 points.
So wait for 15 ema touch.

Let see how and when we will get long trade.

 

[anilnegi]

Hello trade4

did you use this strategy on any stocks as well

anil negi

 

[trade4joisar]

bearish candle closed at 10:00 AM and got short signal when price goes below low of this candle with TSL at 7762.

Again new TSL created at 7748, made new low, so 7762 became SAR.

TSL hit, SAR hit and around 35 points up after that.

bull SAR = 7706
15 ema = 7751.

If i go with strict rule when SAR broken then SL for long was > 50 points.
So wait for 15 ema touch.

Let see how and when we will get long trade.

bull SAR = 7706

No signal yet, Today's low was 7711.15.

This is how going by rule helps, really all credit goes to SH, a great person with simple strategy

Looking at SGX, it seems we will hit bull SAR tomorrow morning but then bear SAR is at 7800, very far, so as per rule, one has to wait for 15 ema to touch.

 

[trade4joisar]

Hello trade4

did you use this strategy on any stocks as well

anil negi

Yes it can be.

I have used it for stocks like RelCap, Ultratech, Infy & so on.