My System - My trades.

[arjun.panda]

I mean no disrespect but staying on right path is as important as making money...otherwise there is a good probability one will end up losing all gains..and most importantly one 'll not be able to make modifications required to keep up with market..just my thought.
.the reason I keep posting here as m sure I 'll make a mistake and someone here 'll rectify me...

Sent from my SM-G950F using Tapatalk

 

[arjun.panda]

below is the trade of crude of today till now.
as i had said earlier i wait till price and obv comes near 200ema before taking position.
1. sl for long trade. 3614
2. both obv and price are above 200ema bought at 3623+2=3625
3. tgt of 3635 achieved but my lot wasnt sold so ll consider it open/
4. booked my position at 3626 (1 pont below 200 ema)
5. went short below the line as that was the pivot below 200 ema on price and obv. i.e at 3624-2=3622.
6. booked my loss at 3626 as tgt wasnt achieved.
bad day for me in crude..

 

[monkeybusiness]

below is the trade of crude of today till now.
as i had said earlier i wait till price and obv comes near 200ema before taking position.
1. sl for long trade. 3614
2. both obv and price are above 200ema bought at 3623+2=3625
3. tgt of 3635 achieved but my lot wasnt sold so ll consider it open/
4. booked my position at 3626 (1 pont below 200 ema)
5. went short below the line as that was the pivot below 200 ema on price and obv. i.e at 3624-2=3622.
6. booked my loss at 3626 as tgt wasnt achieved.
bad day for me in crude..

Arjun,

every time if you are considering 200 EMA, it will be a case of delayed entries. Marking your chart with my understanding of system. I don't have crude data.

 

[traderniftybull]

Welcome Money bhai
After so many days, missing you

 

[monkeybusiness]

Welcome Money bhai
After so many days, missing you

Thoda busy busy. Saw Arjun's chart, hence thought of replying.

 

[arjun.panda]

nice to see you guys..

 

[kumudhan]

where is moneybusiness ji ? gone offline morethan a week....

mb ji, long time no see, im searching for you allover the universe.seen my post in this topic?

 

[arjun.panda]

below is the chart of crudeoil trade of friday.
as both price and obv were above 200 i would take long position..
both price and obv touched 200 ema (implies thr should be some decent movement)
1. buy ll trigger above 3650+2 =3652
2. sl 3646-1=3645
3. buy triggered.
4. tgt of 10 points achieved ..so booked half and maintained 200 ema as sl for the remaining lot
5. buy ll trigger above 3668 (3668+2=3670)
6. sl maintained at 3661-1=3660
7.buy triggered
8. tgt of 10 points achieved. booked half rest maintained 200 ema as sl
9. sl for nxt buy would be 3673-1=3671
10. buy ll trigger above 3678+2=3680
10 a. tgt of 3690 achieved.booked half rest maintained sl at 200 ema
11. exited all my positions as price breached 36 ema.(reason was frankly i was scared of all the gains the remaining lots were making).
12.i should have booked them at 3703(1 pont below 200 ema) as per the system.

 

[moneyonnet]

@arjun.panda , good explanation. Keep on posting such things.

 

[arjun.panda]

today was kind of mixed day..
below is the nifty traded chart.
1. above this level would have gone long.(note i do not take position before 9.30 am)i.e. 10341.7+2=10343.7..didnt triggered.
2. as price and obv were above 200 ema also above pdc. went short(half the qty) below the line as obv made a pivot low below 36 ema. at 10326.4-2=10324.4
3. sl was 10335+2=10337.
4. booked at 10309, 15 points..
5. will go long above this line as price and obv made a pivot above 36 and 200 ema respectively. at 10322+2=10324
6. sl was 10304.6-1=10303.6..10303
7. had to book at 10346 as time was running short