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

[VJAY]

Dear SH,
how you traded this chart?...25th we are long ..SAR @ whiteline...here on how you would trade....no new high after that...if we exited @GFZ then clear cut reentry @11.30 of 31st...here are we wait for hit our SAR?

 

[Tradewithhunter]

Hi SH,

The backtest excel sheet is available for download at http://www.datafilehost.com/download-2ba5b325.html ...
Please note, I have not considered GFZ exits.. as I could not figure out way to plot envelop for previous days in iCharts.....

SH ur expert views please..

..Amol

unable to view this file, but posting trades based on simple SAR reversal (no GFZ exits and re-entries) accounted for.

Cheers
SH

 

[amol_gh123]

unable to view this file, but posting trades based on simple SAR reversal (no GFZ exits and re-entries) accounted for.

Cheers
SH

arey baap re... why my entries and exits are totally different than u...
Attaching here itself...

..Amol

 

[Tradewithhunter]

arey baap re... why my entries and exits are totally different than u...
Attaching here itself...

..Amol

Try and track the charts with levels and dates I have posted.

Cheers
SH

 

[VJAY]

 

[amol_gh123]

Try and track the charts with levels and dates I have posted.

Cheers
SH

Hi SH,

As per your sheet, on 7-Mar-11, there was a short from 5480.. agreed .... but as per chart attached SAR would have been 5552 ... but u have considered 5421 as SAR.. even though new low was not formed... can u plz explain for better understanding.... is it like, if new low is formed consider latest 15 EMA touch and forget the highest point between two lows....

..Amol

 

[Tradewithhunter]

Hi SH,

As per your sheet, on 7-Mar-11, there was a short from 5480.. agreed .... but as per chart attached SAR would have been 5552 ... but u have considered 5421 as SAR.. even though new low was not formed... can u plz explain for better understanding.... is it like, if new low is formed consider latest 15 EMA touch and forget the highest point between two lows....

..Amol

my charts showed new lows at previous days new lows and the next gap up to 15 EMA before making fresh lows ...so SAR 5421

If that is not the case, SAR will stay at 5552.

Cheers
SH

 

[Tradewithhunter]

Vjay - gap up above our SAR so we exit shorts immediately ... but opens in GFZ, so we wait and enter longs at 15 EMA touch.


Cheers
SH

 

[Tradewithhunter]

Dear SH,
how you traded this chart?...25th we are long ..SAR @ whiteline...here on how you would trade....no new high after that...if we exited @GFZ then clear cut reentry @11.30 of 31st...here are we wait for hit our SAR?

Yes unfortunately.

What I do usually is after massive rallies and gap ups (SAR moves far away) I book profits in futures and take positions in options, that locks in some profits and reduces heartburns if SAR is hit.

you would also see these 2 days were when 3 EMA was not touching for 2 consecutive days so another strong reason for booking profits and waiting for 3 EMA to get hit.

Cheers
SH

 

[Tradewithhunter]

This is extreme trend and yes after we book profits it will be the case of missed opportunity since it keeps falling without coming to 15 EMA ... but this doesnt happen often so worth sticking to the rules in long run.

Cheers
SH