My System - My trades.

[mdabrar]

VARUNJI I HAVE A QWERY ABOUT ADDING POSITION. AT WHAT STAGE OF ADDING I WILL BE IN PROFIT UNLESS MY STOPLOSS TRIGGER ....
THANK U ...

 

[chinna.232]

Hi Varunji,
1.In y'day crude, Is this a proper buy setup based on divergence at around 7pm.
2. Between 4pm-7pm, are these whips because both price and OBV are crossing both the EMA's. or am i missing some rules

 

[chinna.232]

divergence in crude

 

[chinna.232]

Booked crude longs from 3150 @ 3175

 

[varunkochhar]

Just logged in to tell you guys that 10000 crossed 4lacs in about a month. Ashwani Gujral here i come. Ha ha ha. Keep counting Mr.Know it all.

 

[varunkochhar]

The chart says it all. Just as i explained yesterday. Keep it simple.

 

[varunkochhar]

 

[varunkochhar]

Clean movement in crude from 3110 to 3170+ and then back to 3120. (i am not even talking about adds)

 

[varunkochhar]

VARUNJI I HAVE A QWERY ABOUT ADDING POSITION. AT WHAT STAGE OF ADDING I WILL BE IN PROFIT UNLESS MY STOPLOSS TRIGGER ....
THANK U ...

When you get your 1st add, chances are that you would end up at the least break even. With the 2nd Add your profits get assured and multiplied. (This is just an expectation)

 

[varunkochhar]

So why did BN shoot up from 24580 at around 2:30. The answer is simple and clear. It found exact support at OBV lows of the morning. ( So what it signified was that people who shorted in the morning, covered their positions so no newer shorts to take the markets lower at that point led to a divergence where price made a lower low 24597/24580 but OBV made an equal low).