My System - My trades.

[varunkochhar]

Customary disclosure of posting Charts. Just kept it simple.

 

[varunkochhar]

Thank You Okabira ji. Long time no see.

 

[varunkochhar]

Booked out early. We are going past 3000. Current Tsl is at 2948 and would not have hit if i had not booked.

 

[Kavipriy]

Kavipriy j thanks for gracin this thread. Welcome. Now do you see why i did not want to take shorts. (The OBV took support at PDC)

Yes Varun ji. I got it. Thanks

 

[varunkochhar]

Hard SL for BN is at 23840 for longs as of now

 

[varunkochhar]

Now SL is 23880

 

[coolabhi99]

View attachment 21414

Dear Sir,

The last high above 200 ema was around 20:32 Pm which was taken out at around 20:43 pm. So why did you not take a long there??

Thanks,

 

[varunkochhar]

I was waiting for a retest of 2920 to take the trade as the SL was very large as per me. And moreover i had placed a bid at 2932 after this pivot at 2932 got formed which did not get filled. got a better entry point and took the trade.

 

[coolabhi99]

Red 36 & green 200

Thanks for the reply.
I have a question here.

If my understanding of the setup is correct, we go long above the last high made above 200 EMA is breached and go short below the last low below 200 EMA is breached.

But from your chart looks like you have taken trades on a different logic, can you please clarify?

Thanks in advance,

Abhinay

 

[monkeybusiness]

Thanks for the reply.
I have a question here.

If my understanding of the setup is correct, we go long above the last high made above 200 EMA is breached and go short below the last low below 200 EMA is breached.

But from your chart looks like you have taken trades on a different logic, can you please clarify?

Thanks in advance,

Abhinay

First long, what was trend? where OBV was going?
both UP, so took long above 36, above last pivot high with SL of last Pivot low,
second short : OBV turned south, so taken short bellow 36 with SL above last pivot high.