My System - My trades.

[kumudhan]

i am ready to read another 2548 posts to see if you post final rules sir, but then you will be posting about another 5 methods with lot and lot of profits but without well defined rules.

 

[kumudhan]

you just callfor a headcount to know how many users here understood your methods leave alone how many trade these...

 

[mdabrar]

message number 2517 , plz check it and explain it in chart .

 

[varunkochhar]

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....

Kumudhan ji thanks for your interest. My crude charts are all messy. I would have to remove all my S and R points to make them visible but if you insist i will do it for you. Or if you could post the same chart with 15period OBV ribbon i can explain it. Not much to explain. Just took 1st short at 3627 when the ribbon colour changed to red from blue. The ISL was 2 points above the highest levels of price of the last blue part of the ribbon preceding this signal. From then on just keep adding on this signal changing to red from blue and keep trailing your SL by the same method as explained above. the last add 11th came at 3588 with SL for all 12 lots at 3594+2 = 3596. Average of all shorts comes to about 3615-18. (Lowest levels reached were 3573) so about 45 points perlot multiplied by 12 = 540 points at the lowest.

 

[varunkochhar]

If you still insist i will post the charts. (54000 profits in a trade which started with 1 lot and an initial risk of Rs.200-300 all intraday and in realtime)

 

[Happy_Singh]

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....

i am ready to read another 2548 posts to see if you post final rules sir, but then you will be posting about another 5 methods with lot and lot of profits but without well defined rules.

you just callfor a headcount to know how many users here understood your methods leave alone how many trade these...

Hello Kumudhan

The rules are really very simple . . . look at this as 2 separate methods

1) Based on EMA 200 of OBV & Price . . . Long /Short when price/obv is above/below the EMA

2) Based on breakout/breakdown of Price/OBV

Long when both price and OBV have broken out above their recent high values (15 bars)
Short when both price and OBV have broken down below their recent Low values (15 bars)

the ribbons are just there as visual support tool (bells n whistles)


this is the basics, you can adapt it to your own way of trading

I may not be able to follow up on this conversation, as am on a small chutti . . .

Cheers

Happy

 

[varunkochhar]

Donot be scared looking at the number of lots, they were just adds while mitigating my risks and with a clear and well defined sl at any and all points. The system kept me in the trade. That is the best part. Pls observe that we were not taking additional risk at any point.

 

[kumudhan]

Kumudhan ji thanks for your interest. My crude charts are all messy. I would have to remove all my S and R points to make them visible but if you insist i will do it for you. Or if you could post the same chart with 15period OBV ribbon i can explain it. Not much to explain. Just took 1st short at 3627 when the ribbon colour changed to red from blue. The ISL was 2 points above the highest levels of price of the last blue part of the ribbon preceding this signal. From then on just keep adding on this signal changing to red from blue and keep trailing your SL by the same method as explained above. the last add 11th came at 3588 with SL for all 12 lots at 3594+2 = 3596. Average of all shorts comes to about 3615-18. (Lowest levels reached were 3573) so about 45 points perlot multiplied by 12 = 540 points at the lowest.

thank you for your kindness sir...please please post the well defined rules and then post the crude chart you are now posting about with just the afl needed ,pasted in it...even without knowing the rules how can anyone ask doubt about trades?

 

[varunkochhar]

I have explained in my post and Happy ji has elaborated it too. I have just used the 15period OBV ribbon as provided to all by Happy ji. First you have to think hard as to what the ribbon is actually doing and then you will come to see the simplicity of it all. The ribbon is no magic wand it is just a bell and whistle thing as Happy ji has pointed out in his post. Please take what suits you and leave what does not. I cannot do the trading for you. You just post today's crude chart with 15 period OBV ribbon and i will explain it please.

 

[varunkochhar]

The basic funda is to be in the trade till not stopped out. Another Add came at 3584 now the stops for all 13 trades is at 3588+2 = 3590.