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

[Tradewithhunter]

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

yes, however since the difference is only 1 paisa you can use 218 as bull HL as well.

Cheers
SH

 

[charTrader]

Good method....other rules still not posted.....

 

[vinst]

NF 'freak' low 5304. Is it to be ignored?

 

[TRK]

swing trading is batter than day trading

 

[rajesh pawar]

NF 'freak' low 5304. Is it to be ignored?

Which is this bar with 5304 low... Not able to find it...

If it is 5340 low of 7 feb 1500 .... then it is valid bull SAR

 

[vinst]

Which is this bar with 5304 low... Not able to find it...

If it is 5340 low of 7 feb 1500 .... then it is valid bull SAR

5304 was in the opening itself (perhaps 1min)

http://www.nseindia.com/live_market/dynaContent/live_watch/derivative_stock_watch.htm

 

[rajesh pawar]

Data from Investbulls shows 1st min low as 5371... Checked NSE quotes and indeed the low for Nifty Futures is shown as 5304... but may be a freak trade....I think should be ignored...

MINI NIFTY shows a low of 5360 which is more realistic..

 

[Tradewithhunter]

ignore freak lows .... just look at normal lows and highs.

Unfortunately have been keeping very busy so havent been able to post additional rules yet. Hopefully over the weekend will do it.

Cheers
SH

 

[timepass]

Last year too, we had those freak trades, and the index eventually reached them.

 

[amol_gh123]

Todays new HL 5343.90

..Amol