My System - My trades.

[varunkochhar]

Intraday Buys came in BN as per 1min. We are still short as positional in 5min and 15min.

 

[varunkochhar]

Congrats Extremist ji for your afl and your profits. People are just plain and simple jealous of success.

 

[varunkochhar]

SL in crude now at 3125. Will take part profits at 15 points.

 

[arjun.panda]

Any ways went short in crude at 3122 sl 3133.

why 3122 sir, i thought we wait till price goes below 540ema in 1 min chart to short?
kindly share your thoughts...thanks
i went short at 3116..

 

[arjun.panda]

here is the chart i am using...

 

[varunkochhar]

Refer to 20Tick charts. The lows in the high period of 36,200MACD between 12:38 and 1:19 was 3124. So 2 points below that. Sl was 1 point above the highs of this period. After that we have had 2 periods of MACD cross with a high of 3122. So trailed my stop to the high pivot just before these 2 periods.

 

[arjun.panda]

Refer to 20Tick charts. The lows in the high period of 36,200MACD between 12:38 and 1:19 was 3124. So 2 points below that. Sl was 1 point above the highs of this period. After that we have had 2 periods of MACD cross with a high of 3122. So trailed my stop to the high pivot just before these 2 periods.

yup...
may i ask how to initiate the 1st trade of the day?...apparently i am fine with nifty n bnf...but when it comes to crude i am bleeding...
any heads up will be much helpful..
thanks

 

[kumudhan]

thank you ankurji...

 

[varunkochhar]

Arjun ji wait for crude to stabilise by 1:00 or better 2:00. That is when the real action strarts in it. By that time more importantly the LV bar of OBV gets formed and stabilised.

 

[arjun.panda]

presently lv bar in obv is at 3124?
am i correct?