My System - My trades.

[varunkochhar]

In this case the low of the breakout candle was 3635 so my SL is 3633.

 

[varunkochhar]

Aw shucks. Anyways it was my decision. What could have been a 15point profit became a scratch of 4 points profit. Any ways i am satisfied with a tally of more than 75 in this rangebound day. Thanks for trading with me. Good Night.

 

[VJAY]

Dear varun,
Thanks for your guidence about your method..though am not trading crude now days...I traded it on 5 and 15 tf before..I never traded it on 1tf..am sure your method is simple one and low risk trades also also it automaticly going with trend ....hope many are helped by your this method as you selflessly disclosed everything here ....

 

[varunkochhar]

Any suggestion. Bouquets/ brickbats are always welcome.

 

[varunkochhar]

i would like to thank Mr.Bhatia in this forum who being my partner takes care of placing my Grand Prix speed orders to our broker who always has a hotline for us. Without their support execution in this speed could never happen.

 

[masterjee]

Thanks Varun for taking the time to show method as well as execution. Kudos to you - m

 

[varunkochhar]

If any body still trading look out for a successful scaling of 3636 again. Can give you 30-40 points in a single trade as a lot of addition in volumes have taken place in this region.

 

[varunkochhar]

It is virtually a low risk trade as te 200EMA in price is at 3629/30.

 

[varunkochhar]

So after BO the sl could be a couple of points below 200EMA so say 3627/28.

 

[varunkochhar]

Fasten your seat belts.