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

[trade4joisar]

Where did u had chat with SH. please give me the lnk to chat room

In below post you can find link to the live chat.

http://www.traderji.com/technical-a...em-simple-way-play-markets-73.html#post666852

BTW, my connection lost in between of discussion & sometimes i am busy in something, so i am not aware of all the discussion going on here.

 

[trade4joisar]

In chat, we had 2 discussion which i like to mention here.

1st discussion
Risk reward ration
Last week, we had short around 5222 with SL as 5240, so 18 points.
NF made low of 5153 & then reversed from there & also SL hit without touching GFZ bottom.

SH, exited @ 5160, reason he was getting around 62 points against 18 points as SL. So as per him it was RR as 1:4. So he exited, a perfect exit

So he said we should book some profit around R2 & Exit around R4.
SH,
Correct if i am wrong.


2nd discussion
How to calculate GFZ
Check where is 17 ema in 30 mins / daily.

Add % +/- on either side & you will get GFZ upper & bottom.

it is that simple , really. This will be useful to who do not have live chart to see GFZ.

Hope this will help.

One more thing i forgot to mention, for partial booking if somebody do not have margin for multiple lot in Nifty, SH suggested to go for mini nifty.

 

[trade4joisar]

2nd discussion
How to calculate GFZ
Check where is 17 ema in 30 mins / daily.

Add % +/- on either side & you will get GFZ upper & bottom.

it is that simple , really. This will be useful to who do not have live chart to see GFZ.

Hope this will help.

Small correction here. Its SMA & not EMA.

 

[trade4joisar]

In today's discussion, SH said it was 1st month that's why he used SPOT for 2/3 days, so now Nifty future for everything.

So on friday, it broked bear SAR 5240. So as per SST we are in long now with SAR 5153.

On saturday, there was bullish candle with next candle breaking high of previous candle @ 5222 with SL @ 5167.

Today it made new high, so now SAR is 5167. Today again it touched 30 mins 15 ema & bullish candle with next candle break previous high. so TSL became 5143.

If on wednesday NF goes above 5287.90 then 5243 will became SAR.

 

[amanfree]

In today's discussion, SH said it was 1st month that's why he used SPOT for 2/3 days, so now Nifty future for everything.

So on friday, it broked bear SAR 5240. So as per SST we are in long now with SAR 5153.

On saturday, there was bullish candle with next candle breaking high of previous candle @ 5222 with SL @ 5167.

Today it made new high, so now SAR is 5167. Today again it touched 30 mins 15 ema & bullish candle with next candle break previous high. so TSL became 5143.

If on wednesday NF goes above 5287.90 then 5243 will became SAR.

Wonderfull job bro, ur effort is really appreciable.

 

[amanfree]

Some one update the thread please.

 

[Fxtrad]

why chat is not working , can somebody again post the link here.
Thanks.

 

[Tradewithhunter]

try this ..

http://chat.parachat.com/chat/login...th=740&height=500&bg=ffffff&fg=000000&lang=en

Cheers
SH

 

[Tradewithhunter]

Some one update the thread please.

Amanfree - Trade4Joisar is updating all trades religiously almost everyday in his thread so I have stopped updating it here to avoid duplication.

The live trades during mkt hours are anyways discussed in the free chat room created by the traders here, link above

Cheers
SH

 

[trade4joisar]

Amanfree - Trade4Joisar is updating all trades religiously almost everyday in his thread so I have stopped updating it here to avoid duplication.

The live trades during mkt hours are anyways discussed in the free chat room created by the traders here, link above

Cheers
SH

SH,

Thanks for visiting to my thread. Please correct me if i am wrong anywhere.

BTW (to all),
Now a days i will not be able join chat regularly, so if any update please update here.