My System - My trades.

[monkeybusiness]

View attachment 21664

Money B ji your AFL. So good to take adds also after the retracement is done.

Sir
That ema cloud AFL was given to me by a member here, Amandeep86 credit goes to him

 

[monkeybusiness]

Sir
That ema cloud AFL was given to me by a member here, Amandeep86 credit goes to him

The way you execute your trades flawlessly is really an art, comes either naturally as gift of gab or after longtime of honing skills.

 

[varunkochhar]

Bank Nifty today's action on expected levels.

 

[varunkochhar]

Thanks Amandeep ji for the AFL.

 

[varunkochhar]

I just cannot stress enough about the volumes (OBV) and its importance in gauging the market. What OBV was telling is that Liquidity has peaked out, till we get fresh liquidity (newer/fresher) positions the highs would not be sustained. The 1st key one needs to ascertain is that are we getting more participation (Higher OBV) with higher prices or not. Once you find that missing just look for weakness in price to initiate shorts. Vice versa for Longs near support if the fall is not being supported with Volumes. Only Liquidity or lack of it sustains a trend. Price comes a distant second (I know i will earn a lot of flak for this comment). I use price only for confirmation and not the other way round. But it all boils down to having both in sync. And it should not matter to anybody, what came first the egg or the chicken.

 

[varunkochhar]

Sai ji how are you doing. It is always a pleasure to have you participate in this thread. Missing Kumudan ji and all the others who encouraged me to go on at the start of this thread.

 

[varunkochhar]

Booked out at 35 points. Done for the day. Will trade again with you guys when i get the time during trading hours. All the best and wish you all profitable trading. I still stand by my targets of 3080/3050 if today's high is not taken out as we have broken the OBV range to the downside.

 

[chinna.232]

Hi Varun ji,

Can you please reply to post #6214 at your free time.
http://www.traderji.com/community/threads/my-system-my-trades.103908/page-622#post-1243697

 

[yachusai]

Sir your thread really helps me lot and my close friends they are also follow you . your teaching and methods really help us lot . sir i want to participate with you actively in this thread but my communication barrier stops me doing that . But i follow your post daily . your thread is one of the great thread for me in this forum . thanks lot sir

 

[varunkochhar]

Chinna ji i just saw the chart you had posted. What was your querry if you can tell me again.