My System - My trades.

[doss186]

keep it positional...

 

[varunkochhar]

Hi guys just came online. Thanks Okabira ji and others for your warm wishes. Doss ji i took a long at 3174 late in the evening (to get in again where i got off earlier). I still see no weakness in crude. (Though i missed my Dholak trades today because of lack of time) the signal was given by my system at 3204. The monthly trend of this month in BN would get clear at the 1st weekly expiry. We should have a good trending move after the RBI event is behind us. The markets do not like uncertainity. I see no weakness in BN as yet as both the OBV and price are trending up in sync. We are already up close to 2000 points from around 23200/23300 levels where we got our signals to go long.

 

[stock_mani]

Dear Traders my system has generated sell signal in crudeoil @3175 make use of it if you want.

Crude was never in sell mode yesterday (as per my system).... it is only buy on dips mode (for position and even for intra)...

 

[doss186]

Todays high opening was wave 5 and still I had my short position Open and now Crude plunged.

 

[varunkochhar]

Doss ji this thread is not an advisory thread. We reveal our method and we give trades in real time alongwith the reason thrown up by charts. Post mortem is the easiest part as you can come up with n number of reasons for the trade which is already behind us. Was busy so had just booked my overnight longs at 50 points. Just posting a chart which gave us the exact point to short (and not lose sleep over a wrong position) Of course i could not take the shorts as i was busy but do observe the chart as it gives you the importance of volumes in arriving at the most opportune levels to short. And as far as the Idiot waves (err Elliott waves) are concerned, i for one do not have faith in them as i always consider it an afterthought as it is too damn subjective. (meaning if you have 4 people practising this, you would in all probability have different wave counts and levels from them)

 

[varunkochhar]

 

[varunkochhar]

Doss ji please do not mind.

 

[doss186]

No Even I was little bit confused with high opening, but my strong belief was any instrument cannot keep on rallying in straight line for one week and I expected a lower price than 3175.

 

[varunkochhar]

Doss ji we do not trade expectations, we trade our charts with a clearly defined stop. Sure we may go wrong but it is all mechanical. As we are just trading probabilities, not gambling.

 

[varunkochhar]

Money B ji i just changed the colour of the LV line to orange to differentiate clearly between the OBV line and the LVB line. See i am also learning.