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

[dp33770]

1. If I decided to start to trade based on the this strategy on a particular date what be my my BULL and BEAR SAR on the given date.
2. I thought of trading YESBANK on 7th June on this stategy and the SARS I calculated as below
BUY SAR 01/06 11:30 candle high 334.75 ( I see 31/05 high was 336 but taken 334.75)
SORT SAR 05/06 14:30 candle Low 319.50

BUY TRADE : On 07/07 12:30 candle close at 336.85 I bought YESBANK as it closed above my SAR of 334.75
SORT SAR keep moving : 08/06 candle 09:30 to 333
12/06 candle 09:30 to 338.75
12/06 candle 14:00 to 342.55
13/06 candle 12:00 to 346.00
13/06 candle 14:30 to 347.45
SELL TRADE: on 13/07 3:30 candle I sold my position as the candle went to 344.50 and closed at 346.


My question is whether my identification on SORT SAR which i have mentioned above is correct ?

Note : I have attached 3 different snap shot of same script with zoom in to identify my SARs

 

[trade4joisar]

BUY SAR 01/06 11:30 candle high 334.75 ( I see 31/05 high was 336 but taken 334.75)
SORT SAR 05/06 14:30 candle Low 319.50

I have not gone through all what you have given here.

You exited in profits so that is very good :thumb:

I just want to highlight one thing which i think should be done when working with this system

You have gone long @ 336 with SAR @ 319.
Difference was around 17 points i.e. around 5% of value.

If i compared this with NF, we can only take trade when

• SAR <=100 points i.e. 2% of value
• SL <= 50 points i.e. 1% of value.

So i think same % can be consider for other script.

Hope i have understood your trade correctly.

All, Please correct me if i am wrong

 

[trade4joisar]

One point which was discussed in Skype which gunsho shared so i want to mention here.

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.

E.g. 13th June, 2012 15 ema touch @ 5065

 

[sri_loyola]

Dear T4J


can u post me updated rules in this method? is there any PDF link i had break for 2months, i was not in touch with this method.


IT would be great help for ppl like me... i knew the basic rules, but i need if anything added newly later.

 

[trade4joisar]

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
  • 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. 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.

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
  • GFZ touched twice
  • SAR/SL is too far away with RR 2:1
  • Daily 3 ema left for consecutive 2 days
  • @ Open 3 ema difference is around 50 points. (315 daily rule, I experienced this so mentioned, one can ignore if feels

SH,
Everybody will needs your comments & signature for this

 

[trade4joisar]

Document is updated till date.

https://docs.google.com/open?id=0BwQTo2jcisNVYXpyZ296cTVNMnM

 

[SaravananKS]

Since New Rules needed at different suitations, as many people feel in chat Room.I decided to Put all rules as my knowledge in google word document Any Trader can comment his views. if it is approved by SH then I will update it in Main document
@ Trade4Joisar
if you want keep this document in your ID then I will send it to you.
https://docs.google.com/document/d/1ZnyqUlzHn0eBZrdMLsCEnco4AhtfQeFl6m5mUAtN8Jo/edit

 

[trade4joisar]

Since New Rules needed at different suitations, as many people feel in chat Room.I decided to Put all rules as my knowledge in google word document Any Trader can comment his views. if it is approved by SH then I will update it in Main document
@ Trade4Joisar
if you want keep this document in your ID then I will send it to you.
https://docs.google.com/document/d/1ZnyqUlzHn0eBZrdMLsCEnco4AhtfQeFl6m5mUAtN8Jo/edit

Good document.

Thanks. You can keep it with your ID.

 

[timepass]

Added to Timepass's Notes.

Need to study this system.
.

 

[umeshmandal]

Friends, I found this Trade Diary very impressive! The trader seems to be evolving every passing day!! His/her trades are primarily based on SH's 315 strategy.. hence anyone interested can have a look!!

http://www.traderji.com/trading-diary/69641-my-trading-diary-nifty-futures.html