My System - My trades.

[ap*]

Inspired by vk sir to look at longer tf charts. Now that obv has bounced off the 36ema support its time for the price to breakout as well.

 

[Apacheindian]

Inspired by vk sir to look at longer tf charts. Now that obv has bounced off the 36ema support its time for the price to breakout as well.

Varun sir has inspired many newbies and experienced traders by sharing his experience and knowledge. Salute to him..!


Sent from my iPhone using Tapatalk

 

[tanmayagrawal]

1. Once both price and OBV above 200EMA, then longs only above swing(pivot high), vice versa for shorts. 36EMA supports are used for adds and failure at 36EMA will be profit booking.
2. SOH - Sitting on Hands (No Position)
5. Is market profile concept used by Xraybhai. DP stands for developing profiles, extremes are named as VAH/VAL (Value at High/Value at Low), Market profile is not used by Varun Sir.
:thumb::thumb::thumb:

Sir this is my first post here. Please let me know what does Pivot high and pivot low mean here ?
Is it the pivot high of pivot points? or the high of the candle ?

Please tell me

 

[vijkris]

Sir this is my first post here. Please let me know what does Pivot high and pivot low mean here ?
Is it the pivot high of pivot points? or the high of the candle ?

Please tell me

U have landed on an advanced thread.
thats not a prob anyway..
U should read first 30 pages of pivot trading thread, so that u ll get the basics.
http://www.traderji.com/community/threads/pivot-trading-a-new-way-of-trading.99863/

 

[tanmayagrawal]

Okay Sir, thanks for the reply

 

[ap*]

Ap*, which mthod is this and what is your entry criteria, SL criteria for this method!!

Method is the same Vk ji's system. Entry was on break of OBV support ( horizontal line support of obv. ) sl was a previous visual pivot high.

 

[varunkochhar]

Not very good at pattern recoginition. But if this is an inverse Head and Shoulder then the target is 10100.

 

[varunkochhar]

The supply area for Nifty in 5min. charts is at 10039.75-10066.95. Succesful scaling of this would be a key factor in scaling ATH. Till we are below this there would be uncertainity. So do lighten your position or get out when you approach this region. This could well turn out to be the make or break area for the short term.

 

[varunkochhar]

That is why i stress to buy at supports and sell at resistances for smaller stops and bigger targets.

 

[kumudhan]

thank you araag ji.......