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

[ashwani chadha]

yes,((( what is frustrating about last 3-4 days is that we have hit new highs 3-4 times but the bull sar has only moved 20 points up )))....this is becuase each recent low has been higher than previous low but very close to it ....

Lets see if we can get another correction to 15 ema now and then a new high which can move our sar in 5400 range

cheers
sh

but it will be considered the feature of this system,that long trade is still save !!!!

 

[manoharpillai]

YESTERDAY DOW BROKE BULL SAR AT 12784 AND HIT LOW OF 12747 ( 37 POINTS) AND REVERSED FROM THERE. SO THE REVERSAL AFTER HITTING BULL SAR/BEAR SAR, MAY BE FOR FEW POINTS ALSO, AND CAN ALSO BE SWIFT TOO SO BOOKING PROFIT IS KEY.
looking forward SH to give some comment on this.

 

[manoharpillai]

YESTERDAY DOW BROKE BULL SAR AT 12784 AND HIT LOW OF 12747 ( 37 POINTS) AND REVERSED FROM THERE. SO THE REVERSAL AFTER HITTING BULL SAR/BEAR SAR, MAY BE FOR FEW POINTS ALSO, AND CAN ALSO BE SWIFT TOO SO BOOKING PROFIT IS KEY.
looking forward SH to give some comment on this.

Please ignore this message the Bull Sar was not at 12784 it was at 12704 (Dow Fut.) hence Dow has not broken its uptrend . Kindly excuse me for the wrong earlier calculation .

 

[techtrader2]

no I dont have a metastock with me..not sure if there are free versions available?

I have posted all the rules here now so I am sure you can run a backtest now without my help.

Cheers
SH

SH thanks...i would like to do it but need somebody to review the results...if you are keen pls let me know...we can test from 2003-2010...it wont take more than a couple of days....

 

[Tradewithhunter]

SH thanks...i would like to do it but need somebody to review the results...if you are keen pls let me know...we can test from 2003-2010...it wont take more than a couple of days....

sure... the trouble is i wont have so old 30 mins charts to compare results with ... this is why i was wondering if metastock is something that can be downloaded free of cost or something ....

Cheers
SH

 

[Tradewithhunter]

Nifty makes a new high now around 5500 ..bull SAR still at 5350.... GFZ above 5525 currently...

This swing started at 4821 so around 680 points profit (530 points locked in) ... this excludes any additional profits due to booking at GFZ and re-entering at 15 EMA.

Cheers
SH :cheers:

 

[amol_gh123]

Nifty makes a new high now around 5500 ..bull SAR still at 5350.... GFZ above 5525 currently...

This swing started at 4821 so around 680 points profit (530 points locked in) ... this excludes any additional profits due to booking at GFZ and re-entering at 15 EMA.

Cheers
SH :cheers:

Hi SH... must be typo.. SAR is @ 4350 and not 5350...also for me GFZ is @ 5516...wondering why values are different .. i can understand a difference of 1 or 2 points... but here it is 10 points....

..Amol

 

[techtrader2]

sure... the trouble is i wont have so old 30 mins charts to compare results with ... this is why i was wondering if metastock is something that can be downloaded free of cost or something ....

Cheers
SH

yes its easily available
pls email me on alphatrendcapital dot gmail dot com...i will explain

 

[Tradewithhunter]

Hi SH... must be typo.. SAR is @ 4350 and not 5350...also for me GFZ is @ 5516...wondering why values are different .. i can understand a difference of 1 or 2 points... but here it is 10 points....

..Amol

Bull SAR 4350 means 1150 point SL ... bull SAR is 5350 for 30 mins trade.

GFZ is 5516 yes ... I gave an approximation ... please note that GFZ will move up gradually every 30 minutes.

Cheers
SH

 

[Tradewithhunter]

Hi all,

Lets try and follow the same strategy on 5 mins charts too for traders who want smaller stop losses .... no greater fool's zone and this method should be followed on just SARs.

5 minutes trade: current longs with bull SAR at 5395

30 mins trade: current longs with bull SAR at 5350

Cheers
SH