My System - My trades.

[varunkochhar]

And pls do not be so anxious to trade. Let the trades come to you. Let the dust settle in the initial 15-30 min. Beleive me you will get plenty of opportunities when signals are clear.

 

[Rohitt]

Varun sir, I think you are talking of PDC method ?

Have you seen any circumstances where the PDC of Obv goes above on eod & next day the price falls with fall in Obv ?

 

[varunkochhar]

For those who have not yet entered Reliance, what can they do....

Sent from my AO5510 using Tapatalk

RK ji the buy in daily as per the ribbon method came on 15-2-2017 at 1049.8 with an ISL of 1023.90. The last buy in 15min.charts came at 1281.7 with an ISL of 1261. The closing on friday was at 1281.65 only so either buy it at the next buy signal of 5min/15min charts with whatever the SL thrown up by the system. Or buy here only if you get it around these levels only with a stop under 1260. I would only take buy signals till we are above 1023.90

 

[varunkochhar]

I was talking about positional based on 5period signal in OBV ribbon in daily.

 

[Rohitt]

Varun sir , can you please elaborate the method I am unable to find it.

 

[varunkochhar]

Rohit ji there is nothing to elaborate. Just use a 5period OBV ribbon in daily. Buy when it is blue with the lowest levels of price of the previous red ribbon period as SL. Vice versa for shorts.

 

[varunkochhar]

I think since you find this so simple, that you think it will not work. Well a lot of thought and hardwork has gone into it to make it simple, but please do not underestimate its power. Just pull up any chart and observe for yourself.

 

[Rohitt]

Sir as it for daily , does the ribbon color change happens on intra basis or the ribbon color change happens on eod ?

Does this ribbon color was blue on Friday ?

Sir , I am asking because I don't have amibroker presently.

Please reply sir.

 

[manishdhawan]

What rate did you buy it Manish ji

223 I have 560 quantity

 

[Rohitt]

223 I have 560 quantity

On what signal you bought sir ?