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

[Tradewithhunter]

Dear SH,
Awaiting your entry/exit/adds rules?...are you using any filter for reversing trade?

entries i have already posted (break of bull HL or bear LH) .. in current case bull HL is 5332 so a brak of it means square of longs and open shorts.

Exit and add rules later today.

Cheers
SH

 

[amol_gh123]

entries i have already posted (break of bull HL or bear LH) .. in current case bull HL is 5332 so a brak of it means square of longs and open shorts.

Exit and add rules later today.

Cheers
SH

Hi SH,

Can this strategy be applied to stock futures.... I believe you were using this strategy to post charts on facebook... correct me if I am wrong...

Thanks for posting this ... as usual ur strategies are very simple to understand.. not much of complex indicators...:thumb:

..Amol

 

[dashr]

I was looking at Bharti chart. The bull SAR of 355.10 got taken out by a candle which made a low off 355.05. In that case, we exit longs and enter shorts. But the stock didn't go down, remained sideways for two days with a positive bias.

The stock wasn't making any lower lows or lower highs since we entered the short position(last candle on Jan30). In the case of absence of expected downtrend, how do we exit. Breach of 15EMA by candle close?

Afterwards the stock restarted the bull run.

 

[amol_gh123]

I was looking at Bharti chart. The bull SAR of 355.10 got taken out by a candle which made a low off 355.05. In that case, we exit longs and enter shorts. But the stock didn't go down, remained sideways for two days with a positive bias.

The stock wasn't making any lower lows or lower highs since we entered the short position(last candle on Jan30). In the case of absence of expected downtrend, how do we exit. Breach of 15EMA by candle close?

Afterwards the stock restarted the bull run.

When we say SAR is broken ... the candle close (CC) should be below previous SAR.. and not just the breach of low of the candle...

SH please correct me if I am wrong...

..Amol

 

[vinst]

When we say SAR is broken ... the candle close (CC) should be below previous SAR.. and not just the breach of low of the candle...

SH please correct me if I am wrong...

..Amol

we need not look at candle close with this method.

 

[RAAMAKANT]

Today NF made new High. So what will be new BEAR SAR ?

 

[vinst]

Today NF made new High. So what will be new BEAR SAR ?

5340 (yesterday's low)

 

[Tradewithhunter]

5340 (yesterday's low)

Fantastic Vinst...spot on with 5340 :thumb:

Candle close doesnt matter as i posted previously.

Bharti airtel gave a whipsaw...part of the game!

Cheers
SH

 

[amol_gh123]

Fantastic Vinst...spot on with 5340 :thumb:

Candle close doesnt matter as i posted previously.

Bharti airtel gave a whipsaw...part of the game!

Cheers
SH

Thanks for clarification SH... Below is the chart of DLF 1M future ... as I have marked on 2-Feb, low of the candle was 218.05 and 15 EMA was @ 218.04... so as per rules it did not touch 15 EMA.. so valid SAR would be 210.70... am I right?

..Amol

 

[rangarajan]

Dear Tradewithhunter,
Dear Tradewithhunter,
I have 30 min chart with 15 ema but
How to get sma envelope 17 with 1.5% deviation and how to interpret this envelope.

for the above chart where will be sar for long and sar for short.
please reply .
regards,
anjanbm

http://stockcharts.com/school/doku.php?

Dear anjanbm,

http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:moving_average_envel