My System - My trades.

[varunkochhar]

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

Answered you in post# 2550. Atleast pls acknowledge that you have read it else why ask me about it.

 

[varunkochhar]

Kumudhan ji posting chart on your request but frankly did not like the way you asked for it. From now on no more posts on any of my methods. Take what you can or just leave it. I am indeed very sorry that i started this thread and wasted everybody's valuable time. No i am not angry i am livid.

 

[yachusai]

Sir is this correct

 

[neophyte16]

In that we have got a clear short as per our method. Whether it is profitable or not is a separate matter. In 5min. 15period combined ribbon is red (Rule 1). In 1min. both 30period and 60 period are red (Rule 2). And both 15period price and OBV are red (Rule 3).

Varun ji just to confirm, this is the final set of rules I am following. This is specific to intraday. Also using the same set of rules in 15 min TF for trading positionally.

 

[kumudhan]

Kumudhan ji posting chart on your request but frankly did not like the way you asked for it. From now on no more posts on any of my methods. Take what you can or just leave it. I am indeed very sorry that i started this thread and wasted everybody's valuable time. No i am not angry i am livid.

whats wrong in how i asked sir? i have asked many times here in this thread and even pmed you asking for rules. but never got it. actually i stopped asking doubts here in tj longtime now and just being a silent reader. as your thread seems to be promising i thought it may teach me something, i asked you some doubts but you are getting angry.you need not stop posting here as a lot of people are benefitting with your methods and posts.the only thing needed now is fools like me need not enter this thread ever again.

 

[Happy_Singh]

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

Hello kumudhan


I had posted the rules above, which part you have not understood from that ???


Happy

 

[SevenD]

The rules are simple as posted by Varunji and Happyji above, please read and re-read them, and refer/apply them to the charts posted here to understand it better, that way one can follow them better.
Just reading the rules may be difficult to understand, but applying them to the crudeoil chart post 2562 marked by varunji will give a better perspective of the rules.

 

[varunkochhar]

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 ji read your post again, it was insulting and demeaning to say the least. It questioned my integrity and credibility It was not about my crude trade today but the method. If you would have taken some time to go thru my posts from the last few days, i was in the process of evolving a robust, simple and indicator free system to benefit all. I myself asked for suggestions to make this thread interactive but then when people started suggesting more indicators i stopped asking because no way was i to go back to my old confused ways again. Patience has never been my forte. Not everyone can be like ST ji who is a perfect gentleman. I am not that evolved as a person as i still have the beast in me which rears its ugly head time and again, which i live to regret. That said everybody who has been a part of this thread knew of my shortcomings. Why instigate. Though i am an alumini of Delhi's St.Stephen's College in Mathematics, i let the tutor teach both my daughters in mathematics during their schooling years because of my lack of patience. We have to grasp the ideas expounded in this thread and not my trades. This thread was started under technical analysis and that was its objective. It was never meant to be a buy or sell advisory. The reason i had thrown so many methods was not to confuse people but to find the best fit. The common factor in all my methods was the usage of my favourite indicator OBV which truly tracked volumes objectively. The reason for evolving my methods was to cut down the lead time and to make stops smaller. A few days ago i had asked people not to change any settings because things were fluid. Today after weighing all pros and cons i came upon this conclusion by keeping too many filters we delay our trade so best to follow OBV 15 period ribbon and to forsake the delay and sometimes the whips with it for the sake of timely entries. These whips are more than made up by the exponential profits in adds. Man makes rules not the other way round. People who have followed the gist and essence of this thread can appreciate what i am talking about. If one does not care to understand the rationalle behind my reasoning will never be able to use this system to its true potential. I am forever in debt of Happy ji for the ribbons because it does multiple things for me and i am still exploring more of its usage. It not only gives me great entries and even better stops. It helps me to gauge the trend and also help me draw trendlines effectively ( a habit i had given up long ago).

 

[mdabrar]

its my mistake that i have not gone through post 2550 , i have only one request plz explain t to me in hindi post no 2550

 

[varunkochhar]

Mr. Brar i am a thoroughbred Punjabi like you though i did my higher education abroad and still enjoy my egg,leg and peg like a true Punjabi, it is a herculean task to explain my post in hindi. Aap ko mai kaise samjhao. Doston aap mein se jo meri post samajh payen hai kripya inhe samjha de.