Maximize profit using SH's strategy

[smartshahezad]

SST

Long mode

BULL SAR - 5350 (There was freak trade @ 5335, so not considering (i kept order @ 5342 but not executed ) )

15 ema: 5386

Today @ moring only SL hit and then made new high so 5350 is bull SAR.

Again 15 ema touched missed with just 0.40 points @ 5375.95 and then made new high but as SH said proper 15 ema touch required so this is not considered as new SAR

As SH mentioned in original thread that he is now changed TF to 15 mins, so once he confirmed ,i will start posting 15 mins updates instead of 30 mins

How is 5350 a bull SAR and not yesterday's low??

Sorry if i am doing something wrong or if i misunderstood it but i thought the bull SAR is the lowest point on or below the 15EMA between the two highs and so yesderday's low should be the SAR and not 5350???

What am i missing??

 

[manojborle]

How is 5350 a bull SAR and not yesterday's low??

Sorry if i am doing something wrong or if i misunderstood it but i thought the bull SAR is the lowest point on or below the 15EMA between the two highs and so yesderday's low should be the SAR and not 5350???

What am i missing??

I think 15 ema is not touched yet so 5350 is the correct SAR

 

[smartshahezad]

Today's low is the new SAR ?? 5402.45??

I took an entry according to the SH Swing setup on 7th Sept as soon as the market opened and got the price of 5337.

I then added 9th Sept around 5364 with SL of 5359 which was hit.

I again added on 11th Sept around 5370 with SL of 5350

Today had an add around 5440 but this price was a bit higher and bit far away from the EMA and so i decided not to add.

I am still using 30min chart..

 

[manojborle]

Today's low is the new SAR ?? 5402.45??

I took an entry according to the SH Swing setup on 7th Sept as soon as the market opened and got the price of 5337.

I then added 9th Sept around 5364 with SL of 5359 which was hit.

I again added on 11th Sept around 5370 with SL of 5350

Today had an add around 5440 but this price was a bit higher and bit far away from the EMA and so i decided not to add.

I am still using 30min chart..

Good trade, I think Nifty Spot will hit 5500 in this week and then correction can come till 5335 nifty spot

 

[trade4joisar]

Thanks Smart, Manoj for sharing your thoughts, trading.

Smart,
Yes i considered 5350 because 15 ema touch was missed by around 0.40 points.

Manoj,
It would be great if we can talk about SH's strategies or some other technical thoughts instead of giving upper and lower targets. If you have why your target will hit please share. As i am more interested more in Why, how & so on compared to upper & lower figures.

Hope you can understand and dont take otherwise & please continue with sharing your thoughts.


GFZ

30 mins: 5339 - 5502

Daily: 5028 - 5669

SST

Long mode

Bull SAR - 5402

15 ema: 5423

Againt today touched 15 ema with low made @ 5403.50, and then made new high so 5402 became new bull SAR.

I checked 15 mins & it gave better result compared to 30 mins in this up trend. And we all know that there are also negative side of whips & all but that is part of trading world.

315

Long Mode

3 ema = 5415
15 ema = 5354

CMP = 5446.95

3 ema left @ open around 30 points, touched and worked like nothing.

BTW, I will not be able to post for next 2 days, If anybody is having these data please update.

 

[manojborle]

Thanks Smart, Manoj for sharing your thoughts, trading.

Smart,
Yes i considered 5350 because 15 ema touch was missed by around 0.40 points.

Manoj,
It would be great if we can talk about SH's strategies or some other technical thoughts instead of giving upper and lower targets. If you have why your target will hit please share. As i am more interested more in Why, how & so on compared to upper & lower figures.

Hope you can understand and dont take otherwise & please continue with sharing your thoughts.


GFZ

30 mins: 5339 - 5502

Daily: 5028 - 5669

SST

Long mode

Bull SAR - 5402

15 ema: 5423

Againt today touched 15 ema with low made @ 5403.50, and then made new high so 5402 became new bull SAR.

I checked 15 mins & it gave better result compared to 30 mins in this up trend. And we all know that there are also negative side of whips & all but that is part of trading world.

315

Long Mode

3 ema = 5415
15 ema = 5354

CMP = 5446.95

3 ema left @ open around 30 points, touched and worked like nothing.

BTW, I will not be able to post for next 2 days, If anybody is having these data please update.

Please check the file for my view

http://www.4shared.com/folder/OGCXziSc/_online.html

Thanks

 

[smartshahezad]

Today's low is the new SAR ?? 5402.45??

I took an entry according to the SH Swing setup on 7th Sept as soon as the market opened and got the price of 5337.

I then added 9th Sept around 5364 with SL of 5359 which was hit.

I again added on 11th Sept around 5370 with SL of 5350

Today had an add around 5440 but this price was a bit higher and bit far away from the EMA and so i decided not to add.

I am still using 30min chart..

I wanted to book profits at around 5438.50 but instead got some 5400 puts around Rs.42...

Its good that it consolidates(TSL would come near

 

[smartshahezad]

BTW, I will not be able to post for next 2 days, If anybody is having these data please update.

I dont use GFZ and i dont use 315 but will post the SST trades.. Dont worry have a good break..

You deserve it too..

 

[smartshahezad]

I wanted to book profits at around 5438.50 but instead got some 5400 puts around Rs.42...

Its good that it consolidates(TSL would come near

I got rod of the puts at 41.95(lucky i guess) and then got 5500 calls at 35.20 but sold them off on 34. I learnt some lessons today.

1. Dont let emotions decide your trades.

2. Decide and plan before the trading session starts and dont change your plans
during the session.

 

[smartshahezad]

Today's low will become the new SAR only if today's high is broken and the market makes a new high..

Do confirm and inform me if i am wrong..

Thanks