My System - My trades.

[varunkochhar]

In crude we are talking of a profit of Rs.30000 (yes you read that right) with an initial risk of Rs.200-300.

 

[neophyte16]

Neophyte ji i have more faith in bearish divergence. Just see your charts and look at the price and OBV action from the left of the chart to the time TCS hit a high in Aug.

I believe this could be a valid case then.

 

[mdabrar]

Trend in OBV changed as per 1min.charts. Now if the lowest levels of last red ribbon part is not breached can look at longs with reasonable stops

I am asking about the above one , just explain it with chart .

 

[varunkochhar]

And i am not creating sensationalism. My charts and ribbons are open for scrutiny. The point is we just had a 40 point move which is not very big but still if one can earn this much (one lot at a time) without taking much risk then it is fabulous.

 

[varunkochhar]

Mr Brar please post charts or tell me the message number in my thread.

 

[varunkochhar]

I believe this could be a valid case then.

Neophyte ji looks like it. But one needs to get confirmation before acting on the same.

 

[varunkochhar]

Anyways from now on i will just clear doubts that people may have. No more Gyan from my side. It seems most of the people have given up on OBV. Anyways it is not my properietary. Why should i mind. No i am not angry.

 

[varunkochhar]

Meanwhile 450 possible points in crude.

 

[kumudhan]

i have not givenup but i am waiting for you to post final rules and maybe the crude chart you are talking about now sir....

 

[varunkochhar]

Mr Brar this is 1min. OBV charts of BN for today. I have marked green horizontal lines corresponding to the highs of OBV value in blue period of 15period OBV ribbons. Similarly have marked red horizontal lines corresponding to lows of OBV value in red period of 15period OBV Ribbons. The dotted green and red lines are the time when OBV made a higher low higher high in these periods. That is the time intraday trend changed in 1min.charts. This was what i was refferring to in my post at 1:31 (post # 2517) I hope it is clear. The price at that time was 20652. It made a high of 20709 after that.