My System - My trades.

[chinna.232]

Hi Arjun,

If you are trading crude, can you please share your views on crude also...

 

[arjun.panda]

sure no stress..
i ll share charts of the trade i do in crude..

 

[chinna.232]

sure no stress..
i ll share charts of the trade i do in crude..

Thank you....

 

[arjun.panda]

below is the chart of nifty with todays trade( my traded positions)
1. bought above this i.e above 10115
2. sl @10099
3. booked at 10131 , 1:1 ratio. (that was sheer luck i guess)
4. initiated short position @10111 as obv went below 200 ema with sl at 10131
5. reversed my position as longs at 10121(10119+2)
6. stoploss @10095
7. booked half at 200ema of price i.e. @10144
8. booked the rest at 10173, 1:2 ratio.

banknifty position was also taken ll upload it later.

 

[arjun.panda]

below is the traded bnf chart,
1. as obv made a low/pivot below 36 ema also price n obv below 200 ema. went short below the corresponding price,
2. sl maintained at 12114+4= 25118(saved by a whisker)
3. short initiated @25064
4. shorts covered at 25000 as i thought it must be a strong resistance zone.
5. long ll be initiated above this line as the divergence was spotted also pivot above the 36 ema .
6. long initiated at 25075+4=25079., sl maintained at 25046-4=25042
7.booked at 25207-25210.

 

[arjun.panda]

below is the chart attached for the crude oil trade today,
current position:
1. both price and obv went above 200ema. so i didnt waited for the pdc. entered above the 3694.
2. trade executed at 3696.
3. stoploss for the trade at 3691-2=3689.
have booked half at 3706. rest maintaining tsl at 200 ema.(it should be 36 ema i think but not sure).
Morning trade:
i wait for price or obv to reach 200 ema before taking any position.(preferably price)
4. sl for trade at 3706+2= 3708
5.short below 3700-2=3698
6.short active.
7. booked half at 3688.
8. had maintained tsl which was hit.

 

[arjun.panda]

todays nifty traded position.
both price n obv were below 200 ema and also the pdc.
waited for the opportunity as price was making higher highs but not obv. so waited till price broke down a pivot low made corresponding to obv as marked.
1.short ll initiated below the level 10115
shorts initiated at the arrow marked at 10113.
2. sl maintained at 10127+2=10129
3. part profit booked at 10098(yesterdays turn around point)
4. shorts initiated as the pivot low created below 36 ema was broken at 10108-2=10106
5. sl 10119+2= 10121
6. booked at 10076.
bnf avoided as today there was rbi data..

may i ask how many of you do follow this system?

 

[Sidz]

todays nifty traded position.
both price n obv were below 200 ema and also the pdc.
waited for the opportunity as price was making higher highs but not obv. so waited till price broke down a pivot low made corresponding to obv as marked.
1.short ll initiated below the level 10115
shorts initiated at the arrow marked at 10113.
2. sl maintained at 10127+2=10129
3. part profit booked at 10098(yesterdays turn around point)
4. shorts initiated as the pivot low created below 36 ema was broken at 10108-2=10106
5. sl 10119+2= 10121
6. booked at 10076.
bnf avoided as today there was rbi data..

may i ask how many of you do follow this system?

Instead of a consolidated post, I would like to request you to post your trades based on OBV logic in real time. This way, participation would be more, and so would be the learning of newbies.

 

[arjun.panda]

Instead of a consolidated post, I would like to request you to post your trades based on OBV logic in real time. This way, participation would be more, and so would be the learning of newbies.

this is not my thread i am just putting in effort to keep it going till our teacher is back.
as per my previous experience in this thread if one starts to share live trades most just copy it or worse change there existing position(including myself). the reason i am sharing post trading is to know if i am on right track or if someone has done the trade differently would mend there ways. its a self help tutorial. in the end of the day we should know the mistakes we made so that not to repeat it.
if one is new to it then the trading system along with the rules of entry and exit are already cleared.
do your trade based on this system then share it here so we all can learn from it. (mistake or success).

 

[PUCHU_2500]

arjun, you are honest student of varun sir. now vk sir is banned. why he is banned the fact is well known by the mod/sup mode.......we can not go against their decission.........whether you are on right track it is not important at all.....if you are consistant profit earner by following as per vk sir's explanation about obv indicator then there is no any wrong or your draw backs.......you are doing well for your own it is nothing wrong......I like to see you in your separate thread to keep your trading log and system.........