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

[techtrader2]

i think since we have crossed previous high of 5514 today & before that 15 ema touch at low of 5407, hence that shall be bull sar. SH please clarify.

Sach SAR is the lowest point before the SAR of 5514 got taken out....so it is 5320 and not 5407

 

[Samgos]

No these are not SARs as for bull swing to start nifty needed to hit 5515 SAR (which has been hit today).

Now the SAR is 5325 ..however as this is almost 190 point SL no point buying here. We will wait for retracement to 15 EMA.

Also please notice nifty has gapped up in GFZ zone today so one more reason why we need to wait for a retracement to 15 EMA.

Cheers
SH

SH
Pls Clarify

15 ema of daily & not 30 mins as there is no much difference in CMP & 30 mins 15 ema


Thanks

 

[SACH2000]

Sach SAR is the lowest point before the SAR of 5514 got taken out....so it is 5320 and not 5407

if we go back & see on 24 feb ( 14.59 ) candle went below to low of 5457 , below previous low 5465. at that time bear SAR shifted from 5564 to 5514. similar situation now.

 

[Samgos]

Pls reply

it touched 30 mins 15 ema @ 5456
can we go long now ?


Thanks

 

[eevra]

Pls reply

it touched 30 mins 15 ema @ 5456
can we go long now ?


Thanks

hI, I suppose, it was not a bull candle. As SH maintained there must be a bull candle closing above 15ema & go long preferable on the next candle . Pls seniors ! confirm.

 

[Tradewithhunter]

30 min candle close (bull candle) after 15 EMA touch ....

Longs taken at 5485 SL 5452 (no SAR only SL)

Cheers
SH

 

[amit44]

gr8 Risk only 33 points

 

[Shantala]

No these are not SARs as for bull swing to start nifty needed to hit 5515 SAR (which has been hit today).

Now the SAR is 5325 ..however as this is almost 190 point SL no point buying here. We will wait for retracement to 15 EMA.

Also please notice nifty has gapped up in GFZ zone today so one more reason why we need to wait for a retracement to 15 EMA.

Cheers
SH

Thanks for your explanation.

Shantala

 

[kingkrunal]

30 min candle close (bull candle) after 15 EMA touch ....

Longs taken at 5485 SL 5452 (no SAR only SL)

Cheers
SH

so bro what is the current SAR.... :thumb: and if sl hit what can be the posiiton where again longs can be taken ?

 

[RAJESHROHRA]

30 min candle close (bull candle) after 15 EMA touch ....

Longs taken at 5485 SL 5452 (no SAR only SL)

Cheers
SH

what if nifty future closes at around 5460 will you carry you position for the next day and if yes then in case 2mmorow is the gap down opening then what ???? how will you minimize your losses sir .........