My Crudeoil Trades.

[arjun.panda]

sir,
this is the setting i am using...if possible let me know the mistake i am making...

 

[varunkochhar]

Arjun ji you are using 200Tick charts. I am using 500Tick charts. See if it makes a difference.

 

[varunkochhar]

SL taken. 4 points lost.

 

[arjun.panda]

 

[arjun.panda]

my apologies sir...this is the one...same result..just wanted to know if i am putting the setting correctly...it still not giving the desired result...

 

[varunkochhar]

The OBV channel again has compressed in 50 tick charts. Expect a good move above 2955 and below 2941.

 

[varunkochhar]

Arjun ji i am not too tech savvy. Try to use KB settings of 8,0.3 or 8,0.5 just to narrow the channel.

 

[varunkochhar]

Bought again at 2943 with SL of 2940 where i will short. (why 2943, well 2942 was the low of the retracement of the high of 2960 put today.) So Minimal risk at supports.

 

[varunkochhar]

SL hit again though did not short. 3 Points lost.

 

[varunkochhar]

Tally Now 420 (what a figure) in 32 trades.