My System - My trades.

[varunkochhar]

Sir this is where experience matters (Screen time) i took late entry and didn't booked early in anticipation of further move in favour of trade..! My Bad luck

I booked out at 20 points each time because i think after 2 days of 100+moves we may have entered a consolidation period where we may not get the big moves today.

 

[Aman1]

yes sell signal came at 5:47 pm. Am I right?

 

[marimuthu13]

Muthu sir , but in my chart both price and OBV is below EMA 200 I double checked on kite as well..!

okay...if you are double checked in kite, make sure u r not selecting intra, instead select for 60D, so as to give better results.. ( i remember Varun ji, using continuous contract)


after your msg, i checked in KITE, if u select 5D data, then its sell, if u select 60D its buy..

anyway i am not trading this method so get opinions from other fellow traders who trade crude oil

 

[varunkochhar]

yes sell signal came at 5:47 pm. Am I right?

Guys what am i missing. The last sell came at 3309 at 5:37 with SL of 3313+2=3315 which is still not hit.

 

[Apacheindian]

yes sell signal came at 5:47 pm. Am I right?

Yes Aman right

 

[Apacheindian]

Guys what am i missing. The last sell came at 3309 at 5:37 with SL of 3313+2=3315 which is still not hit.

Varun ji I think the difference is because of different data vendors

 

[marimuthu13]

MM Sir,
As per my understanding 200ema and ribbon trading are two different systems.Whenever trading with ribbon,200 ema is immaterial.Let Varunji clarify on this whether I am right or wrong.

yes yes..it seems 2 different systems..

 

[varunkochhar]

Yes Vsaran ji they are both different methods. The 200 EMA method was giving delayed signals that is why we all devised the ribbon system remember. I think with all the new ideas/inputs i am providing is complicating the simple idea. So from now on no more fresh ideas which would only add to this confusion. Mum is the word.

 

[vivektrader]

Vivek ji just could not get what you want. If all my posts are adding to the confusion then probably i should stop sharing my experience. If you could go through the whole thread and pick out the method and make a spreadsheet then i personally would be obliged. This whole thread started with just a simple concept of being long above 200 EMA in price and OBV and short below it. We have moved on in our quest to make a robust indicator free, unbiased simple system.

I always wrote summaries of the systems I traded, IDF/ITF, 9/21EMA in Subhadeep's thread, DeMark's sequential and Combo in my own thread. Only the person who trades a system well can summarize, I haven't traded your system, any attempt at summarizing it won't do justice to the concept.

Vivek

 

[varunkochhar]

Ok then let Vijkris ji comeback, maybe he will help us all by making a spreadsheet for this method too. He had earlier also done a good job with the 200EMA method.