My System - My trades.

[kumudhan]

my obv 15 min ribbon changed color manytimes sir.

 

[varunkochhar]

Kumudhan ji even my ribbon changed colour many times. Now how do i explain to you. Okay so you have understood why i took my 1st trade. (It was because the ribbon turned red right). At that time i had a clear and well defined stop right. Then the colour changed to blue. You do not do anything then just wait for your stop to be hit. It did not right. Then again the colour of the ribbon changed to red. You took another short (an add). Right. Now you were short with 2 lots. Your SL would have also come down with this add. Now you kept on doing this (adding to your shorts) everytime the colour changed to red till you were stopped out of your trade. Have you got it.

 

[balatrader]

kumudan ji,

post your chart and understanding , so that it will be easy for the reply.

 

[balatrader]

varunji,

I am not trading the crude but i got it what you are saying. Thank you.

( The only thing i lack is to grab the opportunity while trading )

 

[neophyte16]

Varun ji thanks fr the explanation. From my understanding, only 15 min OBV ribbons are used for trading crude and in case of BN Nifty, 15 min OBV and price ribbons are used simultaneously. Only when both OBV and price ribbons have the same color and a trend is recognized, a position will be triggered.

 

[msa5678]

Kumudhan ji even my ribbon changed colour many times. Now how do i explain to you. Okay so you have understood why i took my 1st trade. (It was because the ribbon turned red right). At that time i had a clear and well defined stop right. Then the colour changed to blue. You do not do anything then just wait for your stop to be hit. It did not right. Then again the colour of the ribbon changed to red. You took another short (an add). Right. Now you were short with 2 lots. Your SL would have also come down with this add. Now you kept on doing this (adding to your shorts) everytime the colour changed to red till you were stopped out of your trade. Have you got it.

Varunji, Everything is clear, except the SL part . how to fix the SL

Sent from my SM-G610F using Tapatalk

 

[neophyte16]

Varun ji..Please confirm if the levels are correct. Also have a few queries on the same. Will be grateful if you would continue with your teaching ways. Looking forward to deeper learnings and valuable insights.

Reposting for clarification..

 

[neophyte16]

Varunji, Everything is clear, except the SL part . how to fix the SL

Sent from my SM-G610F using Tapatalk

Lets say a long position is taken basis change of OBV ribbon color from red to blue, SL would be 2-3 points below the lowest level marked during the previous
red ribbon period. Consider this to be the first cycle of events and mark this SL as SL1.

In case the uptrend is followed up by a bearish move, the ribbon will change color from blue to red. Wait till the SL1 gets triggered. If not, the red will be again followed up by a green ribbon(uptrend). As and when the color changes, add to the lots and mark the lowest level of this cycle to be your updated SL i.e SL2. This way, the SL will keep on pushing up with increase in lot size and hence increase in profits.
I hope I am sounding logical. Varun ji..please confirm

 

[msa5678]

Lets say a long position is taken basis change of OBV ribbon color from red to blue, SL would be 2-3 points below the lowest level marked during the previous
red ribbon period. Consider this to be the first cycle of events and mark this SL as SL1.

In case the uptrend is followed up by a bearish move, the ribbon will change color from blue to red. Wait till the SL1 gets triggered. If not, the red will be again followed up by a green ribbon(uptrend). As and when the color changes, add to the lots and mark the lowest level of this cycle to be your updated SL i.e SL2. This way, the SL will keep on pushing up with increase in lot size and hence increase in profits.
I hope I am sounding logical. Varun ji..please confirm

thanks a lot my friend. everything is crystal clear now. was racking my brains about this SL issue

Sent from my SM-G610F using Tapatalk

 

[okabira]

sorry to say this sir.if you think varunji is above all here then that is your problem.how can you say that i am spoiling the atmosphere? ........comeon post the rules and post a few charts kcsusha.

just the ribbon part.the afls tobe used and rules wrt ribbon part only sir.in wholeday ribbons changed color many times but you in short only..

kumudhan man . what i can sense is ... you just need a simple buy / sell arrow trading method (in ribbon is what you see)...thats it and make worlds money...

you really understood even the 1st method and tried atleast .. just bumping off from thread to thread for holy grail ? ..

from the start of your post atleast 2-3 ppl have said to post your chart .. cant you even do that ..... i cant see any 1 chart posted by you on 1st ema 200 method ASKING DOUBT about it .. ...

and what challenge are you giving ,..to whom and for what ? if you would have gone through all the 250 pages of this trade .. you'd have ask .. i understood this thing but i didnt understood that one .. and have posted charts .. but no .. you are annoyingly asking for god damn rules again and again .... what rules man .. happy ji already posted almost immediately ....

its okay if you dont get the rules ... not every trading system is made for every one ... like i cant understand Marketprofile ... but after you wrote this " you think varunji is above all here then that is your problem "

i had to write this post ... i mean really man ? you are not able to find your arrow system
and so spoiling the atmosphere .

IF nothing then atleast respect a 50 year old man ..

[ps : i know why some ppl tend to write indirectly and not on the face of it ]