My System - My trades.

[varunkochhar]

Ok since i am not trading crude now. (Got my profits) let us talk about the subject of adds with an example.

 

[varunkochhar]

So when do you go long. When Price is above 200EMA. The SL for the initial long is just below the last pivot low below 36EMA. Now when do you add. You add when the price goes back into the cloud and comes back above it. The SL for the 1st add should also be below 200EMA if it is nearby or else keep it below the last pivot low. The TSL in all adds would be the last pivot low before the last add. The TSL for the initial lot would be a few points below the 200EMA only.

 

[toocool]

So when do you go long. When Price is above 200EMA. The SL for the initial long is just below the last pivot low below 36EMA. Now when do you add. You add when the price goes back into the cloud and comes back above it. The SL for the 1st add should also be below 200EMA if it is nearby or else keep it below the last pivot low. The TSL in all adds would be the last pivot low before the last add. The TSL for the initial lot would be a few points below the 200EMA only.

sir any thought about bank nifty tomorrow ?? its weekly expiry

 

[extremist]

and as i 'm keep saying we can go way ahead in tht system from this stage.
so lets work together to make it even better as code made open to all to play with.

Lets see how many rise to the task.........

 

[ap*]

On Bn and Nifty in 50tick charts today the results look phenomenal for the macd vk system. As someone who hasnt gone through the entry exit rules thoroughly i would suggest everyone came up with their own entry and exit logic since this is where the mindset of the trader is at play. It is very difficult to follow a set of rules set by someone else based on their trading style. If this system was traded as by a layman who just followed the triangles to switch sides and arrows to add( even without looking at 200/36 ema or pivots) he would be raking in much more than the average successful trader. Unlearning our bad trading habits is twice as hard as learning or following a new system.

 

[monkeybusiness]

sir any thought about bank nifty tomorrow ?? its weekly expiry

Bhai, no guessing games, play

On Bn and Nifty in 50tick charts today the results look phenomenal for the macd vk system. As someone who hasnt gone through the entry exit rules thoroughly i would suggest everyone came up with their own entry and exit logic since this is where the mindset of the trader is at play. It is very difficult to follow a set of rules set by someone else based on their trading style. If this system was traded as by a layman who just followed the triangles to switch sides and arrows to add( even without looking at 200/36 ema or pivots) he would be raking in much more than the average successful trader. Unlearning our bad trading habits is twice as hard as learning or following a new system.

Nicely said

 

[toocool]

Bhai, no guessing games, play

Nicely said

No no

I meant what chart suggests

 

[varunkochhar]

Looking at OBV only be ready for a good Gap up, whether it sustains or not would only be clear tommorrow as it is expiry day. But as Money B ji said no guessing game. We shall trade the charts not our perception. Good Night and wish you all a profitable trading day tommorrow.

 

[varunkochhar]

But one thing looks almost certain that the shorts are trapped badly.

 

[varunkochhar]

We closed above 200EMA of not only 1min but also 5min and 15min. TF.