Maximize profit using SH's strategy

[KRISHXNG]

Just to clarify, if we have a candle below the 15EMA today, then we go short with Bear SAR as the lower high of 5144?

 

[trade4joisar]

GFZ

30 mins: 5048 - 5202

Daily: 4722 - 5325

SST

Short mode
bear SAR 5191.

30 mins 15 ema : 5134

Today there was a trade setup @ 5102 with SL @ 5145.
For around 4 hours no movement & suddenly breakout & hit SL & made high of 5178.5 few points from SAR.

Today @ end, with some risk, one can go short with SL @ 5191.

Tomorrow, If Gap up, SAR hit & then might be GFZ upper band. But cant go long as bull SAR is too far i.e. 5031

315

Long mode

3 ema = 5142
15 ema = 5065

SMC
100 ema = 5106.

 

[trade4joisar]

GFZ

30 mins: 5067 - 5221

Daily: 4734 - 5338

SST
Short mode

Bear SAR = 5191

If on Thursday somebody have taken trade around 5175 with only 16 points risk, one have must got around RR with around 1:5, wow :thumb:, I myself missed it :annoyed:

Again we got trade setup @ 5122 @ 12:00 PM with SL 5180 which is > 50, so one should not take trade & wait for better SL.

BTW, SH told in chat that as 2 times SL hit, he will now wait for HHHL to be break before taking trade. Can anybody tell me which HHHL he is talking about, break down below 5090 ?

I can see new sheet created for Options in google doc.
* SH shared any strategy for that ?
* It seems he is also using SST here OR based on NF SST taking options trade?

Can anybody share his views on trades taken?

315

Long mode

3 ema = 5147
15 ema = 5075

SMC
100 ema =5108. Next week is expiry, so if 100 ema touched, below link will help to take options trade.

http://www.traderji.com/technical-a...rection-prediction-strategy-3.html#post399161

 

[gunsho]

BTW, SH told in chat that as 2 times SL hit, he will now wait for HHHL to be break before taking trade. Can anybody tell me which HHHL he is talking about, break down below 5090 ?

He mentioned about the entire range between 5030 - 5191. After 18th June fall, NF is making HHHL.

I can see new sheet created for Options in google doc.
* SH shared any strategy for that ?
* It seems he is also using SST here OR based on NF SST taking options trade?

Can anybody share his views on trades taken?

Same SST strategy, instead of entering with futures, buy near OTM call. He also mentioned, this is for his own experiments, and we can ignore it

 

[trade4joisar]

He mentioned about the entire range between 5030 - 5191. After 18th June fall, NF is making HHHL.



Same SST strategy, instead of entering with futures, buy near OTM call. He also mentioned, this is for his own experiments, and we can ignore it

Thanks.

Can you explain with chart what SH mean by HHHL i.e. Higher highs & Higher lows ?

As i can see that in 30 mins he breaks HLs (when gone below previous bar lows), so just want to understand what he means.

 

[trade4joisar]

is there any other stratgery or method with in conjection with 315 and swing gives less whipshaws and also to utlize maximum as in swing many times we miss the moves.
i know swing is very good but addons with this will also more helpful.

Hi Sanjn,

We have now everything to identify the trend, entry, exit. No doubt in it

We already have Support(S), Resistance(R), Breakout (bear SAR hit), Breakdown (bull SAR hit). Part of this we are getting using GFZ in 30 mins as well as daily. But these can be untouched for > couple of days. Only few more tweaks required which we will get in near future, at present dont know how

So we are almost there to get perfect trade with entry, exit, add, TSL.

SH,
Thanks.:thumb::clap:

 

[gunsho]

Thanks.

Can you explain with chart what SH mean by HHHL i.e. Higher highs & Higher lows ?

As i can see that in 30 mins he breaks HLs (when gone below previous bar lows), so just want to understand what he means.

SH hasn't discussed the exact HH/HL points, but it is pretty much clear from the picture. Below is a HHHL pattern observed (though last two lows are more or less same ~5090). This has taken the SLs of SST trades.

I initially thought taking out 5090 should break HHHL, but 20th low was taken on 21st, only to make a new high So guess to be sure we need the first low to be taken out or our SAR should be taken out at top.

 

[gunsho]

is there any other stratgery or method with in conjection with 315 and swing gives less whipshaws and also to utlize maximum as in swing many times we miss the moves.
i know swing is very good but addons with this will also more helpful.

It is hard to get both of them (reducing whipsaws and grabbing maximum opportunities). You might want to give importance to one of them For example, from my observation, SST, if traded only when EMA touch is present (without any filters) can reduce whipsaws. But that will also reduce your opportunities

 

[trade4joisar]

GFZ

30 mins: 5088 - 5242

Daily: 4745 - 5350

SST

Long mode

Bull SAR - 5031

Bear SAR hit @ 5191, made high of 5202. But cant go long as bull SAR was too far.
Then @ 1:30 PM we got bull candle & then high of bull candle taken with SL @ 5162. But then down like anything and then SL hit and made low of 5099.70.

315

Long Mode

3 ema = 5128
15 ema = 5080

CMP = 5109.3

SMC

100 ema = 5107

So touched 100 ema today i.e. expiry week, so 5100 straddle can be taken here.


So for tomorrow, long @ around 5080 can be taken because
* 15 ema touch (Daily)
* GFZ touch
* 3 ema will be left. (Daily)
* bull SAR is 5031, so risk will be less BTW, if hit then also short can not be taken because then bear SAR will be too far i.e. 5203

 

[timepass]

315 --> 1st day against the trend yesterday.