My System - My trades.

bashasm

Well-Known Member
Happy new year to all, lets rock the new year with profitable and consistent trading system
 
A belated happy new year to you all..
below is the chart of trades done as per vk sir's obv method.
1. pivot high created above 36 ema also obv went above pdc. so ll go long above that i.e 10643+2=10645
2. sl 10634-2=10632.
3. here as we can see a smll divergence is created. incase short trade activates then this ll be our sl. i.e. 10647+2=10649.
4. A pivot low is created (after the divergence). also obv touched pdc. hence ll go short below this level..i.e. 10637.5-2=10635.5
5. trade is active. previous trade stop loss hit.
6. booked at 10605.
 

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below is the attached chart of nifty traded.
1. could have gone long but refrained as obv was below pdc and also 36 and 200 ema were getting closer.(high volatility)
2. clear case obv went abobe pdc, 200 ema and a pivot was made above 36 ema. so going long above 10639+2=10641.
3. stoploss maintained at 10631-2=10629
5. trade triggered.
6. tgt of 10661 was achieved but by the time i was able to book it was 10670.
 

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