The Best Trading System

[yachusai]

Varun bro this is 17 BN intrachart . whole trend is up on bigger TF but on 17 it goes down . i mark 2 trades which trade is correct . if possible pls post your 17jan banknity chart with markings thanks

 

[varunkochhar]

Sanjoy ji, markets are my passion. I have spent countless sleepless nights just thinking and conceptualising my system with logic. I read somewhere that in order to excel in something you need to devote atleast 10000 hours in practice. I think i have put in more than that in the last 20 odd years.

 

[varunkochhar]

And still i consider myself a student of the markets.

 

[varunkochhar]

Yachusai ji you seem to be doing great. Now that you have got a hang about the usage of 200EMA, try 36 EMA also to get early entry and exits.

 

[Happy_Singh]

Taking yesterdays discussion forward.Tuna ji how would you have traded crude yesterday based on your system. Pls treat this as a healthy discussion.

Checkout his thread for Crude trades

http://www.traderji.com/commodities/103288-tunas-crude-recordbook.html


Varun

One query from my side . . .

If you use only 200 ema of OBV then why add soo many indicators to the chart . . .

TEMA, BB BAnds, K Bands etc etc

Thanks


Happy

 

[varunkochhar]

This system really sets you free as you are only addressing and processing the relevant information you need (Price and Volume). No fancy stuff. Just sticking to the basics. Long above 200EMA and short below. No noise. KISS

 

[varunkochhar]

Happy ji that is a very good question. Those i add to time my adds. It is as if i have created channels in OBV and those help me in adding to my positions at the opportune time. More about it later once everybody has digested this.

 

[varunkochhar]

By using adds i could have made about 300+ points in a move of 80 points.

 

[sanjoy_roy]

Sanjoy ji, markets are my passion. I have spent countless sleepless nights just thinking and conceptualising my system with logic. I read somewhere that in order to excel in something you need to devote atleast 10000 hours in practice. I think i have put in more than that in the last 20 odd years.

I believe Malcolm Gladwell in Outliers.

Its paying off nicely for you. Will for me too in due course of time. We all need to burn the mid-night oil to excel. It's a different thing that all the world sees is the success and overlooks the hardships.

Keep penning your thoughts as it will help in scratching the brain.

 

[sanjoy_roy]

Happy ji that is a very good question. Those i add to time my adds. It is as if i have created channels in OBV and those help me in adding to my positions at the opportune time. More about it later once everybody has digested this.

Had the same query as Happy Ji.

Is there a better way to add the adds instead of multiple indicators? (tried to duplicate them on Ami by seeing the charts. Near yet far.)

Lets keep the discussion going.