As you know, there is an EOD SRS 15 min system using the 9/39
EMA's, however here's a swing system using the same EMA's where you
hold overnight:
Parameters:
1. 9/39 EMA on a 15 min chart of SRS for market hrs
2. Stop loss of 10.5% (set with stop order)
3. Profit target of 21% (set with stop order)
4. Enter the trade SRS (Long/Short) when the EMA's
cross. Hold overnight and exit your position either on the
next EMA crossover or if your stop loss at 10.5% or profit target
at 21% is hit, which ever first.
The gains from this strategy were 3 times higher for 2008 than
selling EOD. Overall the system's gains are triple, however
there are more losers...this is the give and take you get with
swing systems, you have to be willing to accept larger losing
traders however the winning trades make up for it.
Now I do have an even better system, however it uses indicators
that are not available so therefore I'd have to manually alert you
to the trades.
Here's an example of one of the past trades of SKF 6 min swing
system with the 24% profit target! The first trade is a Long
as you can see, however notice the exit a couple days later (it
says profit target), this is where the system exited the trade
because a profit target of 24% had been met. Notice how the
price that it got you out at was a lot better than waiting for the
MA's to cross down again, which was the next day at lower prices,
about $14 lower.
SRS
SRS 6 min system.png I noticed that SRS 6 min system ...
Posted by slater0 on 19th of Mar 2009 at 03:45 pm
Matt-
Sorry if you've been asked this before, but I thought the 15 min. SRS system uses a 9/39 ema ?
SRS/SKF swing systems, origninal post from Feb 5th
Posted by matt on 19th of Mar 2009 at 04:03 pm
SRS swing system
As you know, there is an EOD SRS 15 min system using the 9/39 EMA's, however here's a swing system using the same EMA's where you hold overnight:
Parameters:
1. 9/39 EMA on a 15 min chart of SRS for market hrs
2. Stop loss of 10.5% (set with stop order)
3. Profit target of 21% (set with stop order)
4. Enter the trade SRS (Long/Short) when the EMA's cross. Hold overnight and exit your position either on the next EMA crossover or if your stop loss at 10.5% or profit target at 21% is hit, which ever first.
The gains from this strategy were 3 times higher for 2008 than selling EOD. Overall the system's gains are triple, however there are more losers...this is the give and take you get with swing systems, you have to be willing to accept larger losing traders however the winning trades make up for it.
Now I do have an even better system, however it uses indicators that are not available so therefore I'd have to manually alert you to the trades.
SKF swing system
Here's an example of one of the past trades of SKF 6 min swing system with the 24% profit target! The first trade is a Long as you can see, however notice the exit a couple days later (it says profit target), this is where the system exited the trade because a profit target of 24% had been met. Notice how the price that it got you out at was a lot better than waiting for the MA's to cross down again, which was the next day at lower prices, about $14 lower.
remember, there is a 6
Posted by matt on 19th of Mar 2009 at 03:59 pm
remember, there is a 6 min SRS and a 15 min SRS EOD system.
we have two swing systems, one for SKF and one for SRS, they use different MA's and are not exited EOD