My System - My trades.

[arjun.panda]

MB sir, can u share the afl for lv bar for price and obv...i think mine is currupt..
thanks

 

[monkeybusiness]

MB sir, can u share the afl for lv bar for price and obv...i think mine is currupt..
thanks

Bhai, posted complete AFLs today morning itself.

http://www.traderji.com/community/threads/my-system-my-trades.103908/page-672#post-1245427

 

[arjun.panda]

Shit my bad sirji...

Sent from my SM-G930F using Tapatalk

 

[varunkochhar]

Kumudhan ji you people are not doing your homework. You need to see as many charts as possible of the prescribed method(s) and see how that method is working. Even if i post a 1000 charts, you will not be able to trade this method till you have practised yourself. Like in school once a chapter or concept is taught, you need to practice, practise and practise till you master it. If you do not feel comfortable learning a new method then just practise the method of your choice. See when it works and when it does not. You need to understand why the system is generating a signal. You should know your system backwards.

 

[varunkochhar]

I have explained in detail all the methods and the rational behind it. Be it the BO/BD based on price/OBV or confluence of EMA's and use of clouds and also for people who cannot have the cloud, to use MACD instead. These methods were not taught to me by anyone, it is only because i have observed these over a period of time that i came up with these observations.

 

[varunkochhar]

There are no shortcuts. The purpose of this thread was to impart knowledge and the way to go about trading not giving tips. I give my trades beforehand just to instill confidence in you in realtime, it should not be taken as tips.

 

[doss186]

Vk ji I've studied some of your chart and correlated with my system. I noticed that whenever a candle close above your 200ema (OBV) I'm getting a buy signal and whenever a candle closed below your 200ema (OBV) I'm getting short signal in my system. Is that true..

 

[varunkochhar]

Yes Doss ji if you use OBV along with your system you should have a better edge. All the best.

 

[doss186]

You are great VKJI and I bow to you

 

[varunkochhar]

Kumudhan ji and others, i can understand your dilemma. You are all always confused, what to use when. When to use 36EMA/200EMA/LV bar... etc. Let me try to simplify it for you. There is a popular saying Horses for courses. One thing that you need to be focussed on is that we are primarily trading of price and volumes (OBV). Now let us talk about the LV bar concept why it gets formed was made very clear earlier on. Now the concept of BO/BD from LV bar amounts to wresting control from the other camp (Bulls and Bears) by either of them. There are 2 types of BO/BD one is price and the other is OBV they both may be linked but they are different. If we see addition of OBV from LV bar then it shows BO. Now OBV (as i have many times said) is truer. Meaning that once it BO/BD it stays that way for some time (Most often the rest of the day after the final LV bar gets formed) but many times we see the Price LV bar tested and sometimes breached after BO. (Price is fickle) at that time you have to take cue from the OBV LV bar line to enter longs again when strength in price resumes. The LV bar/PDC/36EMA/200EMA/Channels/Hourly bands...etc are just parameters to gauge the strength/weakness of price/OBV. That is what we are doing in all our methods, to analyse this strength/weakness and take trades.