My Crudeoil Trades.

[varunkochhar]

hi Ji

i knew that LV is low volume bar of the day. question is when to check LV bar..

when day starts, within first 2 bar itself, we have one LV bar as its relative term compared other bars.

Marimuthu ji since the LV bar gets updated in my system as it happens automatically, Thanks to Extremist ji, i use it all the time. Please remember it is not a system but just an edge.
How to use the LV bar : Well be on the lookout of breach of the pivot highs or lows just before this bar. There are chances, once these are breached, we get a good trend. This also give whipsaws many times so try to use it with some other confirmation. (I personally tend to use the OBV values at these LV bars)

 

[varunkochhar]

Now according to this system the range is 2874-2886.

 

[varunkochhar]

10 points done in longs as per LV bar.

 

[stock_mani]

10 points done in longs as per LV bar.

Hi,

What is LV bar, i think it is price bar which contain low volume in comparison of previous bar. pls correct me if i am wrong. also pls let me know that how to take trade as per LV bar.

Thanks in advance.

 

[varunkochhar]

Shorted july at 2915. Sl 2923+2= 2925

 

[varunkochhar]

Covered full quantity at 15 Points profit. (Another LV bar trade)

 

[varunkochhar]

Hi,

What is LV bar, i think it is price bar which contain low volume in comparison of previous bar. pls correct me if i am wrong. also pls let me know that how to take trade as per LV bar.

Thanks in advance.

Pls go thru my banknifty options thread to read about LV bar concept and also the AFL.

 

[varunkochhar]

 

[timepass]

 

[varunkochhar]

Bought crude at 2824. SL 2815.