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

[umeshlp]

Hi all,

For this system, I will recommed use hourly timeframe only now a days ...

works very well on stocks ..

Cheers
SH

12th September 2012, 12:16 AM
Hi all,

I have been mostly away because I was shifting my house out of India.
I am not sure if this was share here but after the horrendous months of June and July I have changed the TF for this system as 15 minutes with no GFZ rules .GFZ is anyways not hitting on 1.5% band due to lack of volatility.

Cheers
SH

SH,
Can you please explain it again? When to shift to 15 min TF & when we should start using 60 min TF?

 

[trade4joisar]

As per 30 mins Nifty spot,

TSL - 6195
SAR - 6223

 

[trade4joisar]

As per 30 mins Nifty spot,

TSL - 6195
SAR - 6223

Today when prce came to 6185, i shorted with SL of 6195 (just for Intraday as holding traded previously).

Waited till EOD and then exited in small profit.

Today's high was 6192.

 

[trade4joisar]

Today when prce came to 6185, i shorted with SL of 6195 (just for Intraday as holding traded previously).

Waited till EOD and then exited in small profit.

Today's high was 6192.

So gain today Mkt came near 6185, i shorted call of (NF, BNF) with SL of 6193 i.e. TSL (covered at EOD in profit).

Now TSL moved to 6185.50

Very narrow range and very small movement in TSL.

 

[trade4joisar]

So gain today Mkt came near 6185, i shorted call of (NF, BNF) with SL of 6193 i.e. TSL (covered at EOD in profit).

Now TSL moved to 6185.50

Very narrow range and very small movement in TSL.

So 6186 i.e. TSL hit, then SAR which is 6225 hit.
bull SAR was 6138 i.e. around 87 points far, so need to wait for 15 ema touch and then signal.

After 15 ema touch 6162 was low but no signal but only 24 points far from SAR.

Let see how it goes on monday.

 

[trade4joisar]

So 6186 i.e. TSL hit, then SAR which is 6225 hit.
bull SAR was 6138 i.e. around 87 points far, so need to wait for 15 ema touch and then signal.

After 15 ema touch 6162 was low but no signal but only 24 points far from SAR.

Let see how it goes on monday.

So with 24 SL, Nifty gave move 125 points move. so RR was 5:1.
I myself was not there in this move .

6161 became bull SAR now.

1st candle made high of 6144 and then next candle broke high of this candle but as SL is very far i.e. around 80 points, have to wait price to come near SAR.

15 ema stands at 6138.

Let see how it goes.

 

[trade4joisar]

So with 24 SL, Nifty gave move 125 points move. so RR was 5:1.
I myself was not there in this move .

6161 became bull SAR now.

1st candle made high of 6144 and then next candle broke high of this candle but as SL is very far i.e. around 80 points, have to wait price to come near SAR.

15 ema stands at 6138.

Let see how it goes.

Today in spot, it made low of 6261.05 and then bullish bar closed above 15 ema. So TSL changed to 6260.

TSL hit with 1:30 candle, made 2nd bullish bar with low of 6240. So TSL was 6239. which got hit with 3:30 candle

So as per SST, no position.

As no new high made, SAR stands at 6161.

 

[trade4joisar]

Today in spot, it made low of 6261.05 and then bullish bar closed above 15 ema. So TSL changed to 6260.

TSL hit with 1:30 candle, made 2nd bullish bar with low of 6240. So TSL was 6239. which got hit with 3:30 candle

So as per SST, no position.

As no new high made, SAR stands at 6161.

SAR changed to 6275. On 16th TSL made at 6299.

 

[trade4joisar]

SAR changed to 6275. On 16th TSL made at 6299.

So 1st TSL and then SAR hit.

Now bear SAR stands at 6348, so one has to wait for short until 15 ema touched and give signal.

15 ema = 6289.

 

[trade4joisar]

So 1st TSL and then SAR hit.

Now bear SAR stands at 6348, so one has to wait for short until 15 ema touched and give signal.

15 ema = 6289.

On 21st Jan, 3:00 PM candle broke TSL.

Today it went till 6330.30, 12:00 PM candle closed below 15 ema, so now 6331.3 is TSL.

After that it went till 6324.75.

Still bear SAR stands at 6348.

Let see how it goes.