Today's Buy Levels

[uasish]

Re: Todays Buy Levels

Same with ABB Fut

 

[uasish]

Re: Todays Buy Levels

OBC now 234.00

 

[uasish]

Re: Todays Buy Levels

Expect a burst of vol in 15 mins.

I witheld posting this chart upto 11.32

 

[uasish]

Re: Todays Buy Levels

Much awaited vol in ABB Fut did not materialised still now.

Going out will be back at 3.00pm.

 

[uasish]

Re: Todays Buy Levels

Vol came at 2.25's bar in ABB ; calculate at Nifty (-) 1.5% if ABB longed how much is the earning.

 

[uasish]

Re: Todays Buy Levels

See earlier charts of OBC Fut where we have Longed.

 

[kgsirasangi]

Re: Todays Buy Levels

As per your rule, you would have gone long only after price goes above the two horizontal lines. In that case, you would have made a small profit in orientbank and no profit in ABB. Kindly tell us at what price you would have enntered and exitted as per your rules.
Thanks.

 

[newbee]

Re: Todays Buy Levels

As per your rule, you would have gone long only after price goes above the two horizontal lines. In that case, you would have made a small profit in orientbank and no profit in ABB. Kindly tell us at what price you would have enntered and exitted as per your rules.
Thanks.

Hello KGS

I think (from the previous posts ) the two horizontal lines are to do with position sizing and not trading signal. You can refer to the post where uasish has uploaded 10 charts and following posts describing the system.

The above chart (obc) clearly marks the signal for long i.e the spike shapes on the bottom part of the chart. I think it is coinciding with the candle closing above the faint wiggly on the charts.

Thanks
nb

 

[newbee]

Re: Todays Buy Levels

Vol came at 2.25's bar in ABB ; calculate at Nifty (-) 1.5% if ABB longed how much is the earning.

See earlier charts of OBC Fut where we have Longed.

Hello uasish

Refering to the obc chart, should there be buy signal around 3.00 pm? (signal you are refering as asish trigger for long).

Do you ristrict fresh entry signals with some time criteria/rules, for e.g close all open trades by 3:!5 / 3:25 or do not take fresh position for ID after 3 pm etc.

Thanks
nb

 

[uasish]

Re: Todays Buy Levels

Hello uasish

Refering to the obc chart, should there be buy signal around 3.00 pm? (signal you are refering as asish trigger for long).

Do you ristrict fresh entry signals with some time criteria/rules, for e.g close all open trades by 3:!5 / 3:25 or do not take fresh position for ID after 3 pm etc.

Thanks
nb

Basing on this particular system where the MACD if below zero & above the Signal Line along with the Price staying above Green Line then we could have taken a trade but at 3.00 pm both was not in sync.

Yes i close all my open trades before 3.29 but i do not hesitate to take trades even at 3.25 if there is a signal.