My System - My trades.

extremist

Well-Known Member
Good Evening Varun Sir & Extremist Sir
after understanding 2MACD METHOD & applying Extremistji's afl on charts..I have observed some points..as you friends know, I have only one way to check some method..I have been watching hundred of charts spending whole last night..
I have observing crude oil chart with Extremist's ji signal..I observe only intraday trades..
I have observed certain points so we can avoid some of the losing moves..this is observation of a student of market..Varunji & extremistji & other senior members can tell better..
1)If we start with initial position with just 1 lot only..so if we get opposite signal after some time during whipsws..so will you be loss only in 1 lot.but when you get trend , you will get so many points in so many lots..so after a day,you will get some days of small losses but more days of extrordinary profits
2) In crude, we can use 3 or 5 mins charts ,then also we get enough profits
3) when main signal (triangle) comes, enter only break of high/low of that candel (on which signal comes)
on add also , enter adds also on break of candle(on candel which arrow appears)
4)if you are long & ,if main RED MACD LINE is going down, for time being stop adding..resume adding when red line again going up ...vice versa for shorts ..
Varun Sir & Extremist ji can tell better
Thanks
yes there is a lot we can add still in tht system.
But for the start i just kept it damn simple and basic.
Still it is giving astonishing results on it's day.
on sideways day we might end up loosing but the amount we get in trending day will adjust itself.
Still long way to go....
Still in testing phase...
 
Too cool ji you had highlighted the point that i do not use any indicators which apparently you feel i do. Well to put the record straight we are primarily using the MACD to identify good positions to ADD. The higher MACD just gives you the boundaries to play within. I can and still do identify to initiate trades just by observing price and OBV which i have shown many times before also.
 

extremist

Well-Known Member
Too cool ji you had highlighted the point that i do not use any indicators which apparently you feel i do. Well to put the record straight we are primarily using the MACD to identify good positions to ADD. The higher MACD just gives you the boundaries to play within. I can and still do identify to initiate trades just by observing price and OBV which i have shown many times before also.
And one thing....
using something is somebodies personal choice.
And is it that bad or crime if you use some indicators and end up in profit?
not able to fathom this mentality.

nothing personal.
 
You just cannot take trades of HTF as they are so far away and the stops are so much bigger. This is my advise to Mr.Nostradamus. There is a popular saying in hindi "Naach na jaane Aangan Tera". The literal translation for Kumudhan ji and others who do not understand our national language is "If you do not know how to dance, you can always blame the uneven floor for your ineptitude."
 
You just cannot take trades of HTF as they are so far away and the stops are so much bigger. This is my advise to Mr.Nostradamus. There is a popular saying in hindi "Naach na jaane Aangan Tera". The literal translation for Kumudhan ji and others who do not understand our national language is "If you do not know how to dance, you can always blame the uneven floor for your ineptitude."
Just FYI
There is no National Language in India...o_O
However, the official languages of the Union Government of the Republic of India are Hindi in Devanagari script.
 
VK sir,
is there anyway to know whether it would be a trending day or sideways from obv?
cci and adx are there....but i would prefer if obv can give us the idea...(funny thing is i didnt knew something called obv before coming to this thread)
reason: obv moves before price...
any thoughts...
thanks
 
Boss i never wanted to highlight the national language part. Any ways thanks for the info though i have not understood anything. On a lighter note are you a lawyer ( to present a clear fact as a mouthfull of technical jargon) LOL.
No sir,
I m not a lawyer...That was just for info...
 

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