My System - My trades.

[varunkochhar]

 

[varunkochhar]

Wisp ji i have removed all lines from OBV only the LVB based line. What do you infer. The uptrend after a pause starts only when we scale the high pivot before the LVB line. Moreover it does not go lower than the last confluence of LVB based lines till the sell off on Wednesday. This is the power of OBV. (Price is fickle, OBV is not).

 

[varunkochhar]

I could very well have built up my position based on OBV only without looking at price and come up trumps.

 

[varunkochhar]

 

[varunkochhar]

Can we get 3050 next week VKji

Lohit ji you are the same from Mudraa. We seem to have found support in OBV near the point where this upswing started in Crude around 2950. Seems like we can go up once more if the OBV lows are respected. Posting a 1min.chart.

 

[varunkochhar]

 

[varunkochhar]

No need for any other indicator. Even for positional. Just LVB of OBV.

 

[varunkochhar]

Just trade BO when Price and OBV are in sync. reverse position when there is divergence and till both come back in sync.

 

[varunkochhar]

Back to the grind from tommorrow. Will see you guys when i get the time. Till then Happy and Profitable trading.

 

[lohit boman]

Lohit ji you are the same from Mudraa

Yes VKji
Saw that msg ...& shorted crude @ 3150 on fridays close.
No problem....will cover tomorrow morning