Answer - C .Thanks for the knowledge sir. My most favourite channel why because as i am from South Indian i can understand English language easily and many RUclips channels speak in hindi . I requested them to mix the languages but some people considers and some neglect my request. I watched many ORB Videos but no one explained like this. You are giving deep inside knowledge so people should have patience for long videos which gives more knowledge. All and many RUclips channels said that when open range broken buy or sell these are for their views. Once again thanks for eloborate knowledge sir.
Welcome brother, The only reason they speak in Hindi is to reach more people brother as many people speak in Hindi in India. My suggestion there are also some good traders who know only Hindi (but are not fluent in English). We all should grow above these barriers
You are always my trading guru sir, as usual wonderful mitigation techniques you have given us to save losses. Now I am reading your Market profile book sir. Thank you so much. Answer is : C
Answer - C. I have already read the book and watching it again on your youtube channel helps revise the concepts and learn more. Thanks for the nice learning videos.
Sir, Answer is option 'C' - A stock of well-established and financially stable company....This video has given eye opening information and technique to understand the market patterns. Please do make such videos which will help us to understand why we are taking that trade and ultimately making some money out of it..Thank you once again...waiting for your next video....
Quiz Answer - Option C Sir I am grateful for this knowledge and the fantastic strategy, thank you for taking time to explain this complex concept in such easy words.
@@vish3118 It's a pure price action concept and works as it is in all charts. For example, if you are taking trade in equity, then observe only spot chart and take trade if you get a signal. If you are taking trade in futures, then check for signals only in future chart
Ans: C, I feel i am very late in answering. Thankyou sir for the valuable information. Please make videos on the contents in your book. I am ready to buy the videos because it will be more practical. Thankyou
I had read one of your posts in Quora about this yrs back. I wrote a question too, but u did not respond to it sir. However, made you my mentor like Eklavya to Drona. :-) #honestconfession
@@indrazith1 thanks for ur reply, i got the answer , just confim me , " we will execute the trade when next candle breaks the high of Breakout candle and SL would be low of breakout candle ? ur second video is AMAZING, as u givn example of ATR is 100, but nowadays ATR is 220, kindly answer, Thanks
Sir, 1. Are there any other filters to avoid the losing trades, you said one filter. 2. If apply this filer, is there a chance of missing the good trades?
One can develop any number of filters. Using the 20% filter, you may miss 10% of the winning trades, but you will avoid over 80% of the losing trades. Think logically and act 😀
Could you clarify the phrase the market operates from 9:15 to 3:30pm is in what kind of time zone? Because checking 9:15 PM IST (India time) is 11:45 AM EDT (New York time)
Options buying on expiry day is not the ideal way to trade. One can plan options selling or credit spread to take the trade. If you still plan to take the option buying trade, then take the next week's contract as the time decay is minimal
i read the book & gone through the video as well. i also done the manual testing from JAN 2024 to June 2024. the strategy gives the winning probability of 43% only. total Trades are 95 winning trades 29 losing trades 66 lot i had taken 4 (100 qty) & i consider all the points which is mentioned in book & video Trading instrument is Nifty or i assumes the trades in nifty futures probability is very low in most of the months you just closed in green
@@sarbindupal1988 I can clearly say your calculations is not correct. For example, 29 winning trades put of 95 trades will give a 30% winning probability (not 43% as you mentioned). Also one should not declare the outcome of a strategy just by backtesting few months (we should backtest for a minimum of 5 years)
@@indrazith1 yes sir i divided with 66 , yes the winning % is 30% I will do 2 years of data analysis manually. Then will decide to go for the strategy on intraday or not or i will also do testing on some stocks too. Thank you sir for the book , i read in 2 days , i liked the concept of bullish harami + hammer. Its a good update in knowledge. I also decided to read the books you shared in your videos and i already order book of ashwani gujral sir If you allow can i share the data i backtested at your DM.
I backtested Nifty from 04-08-23 on 15 minute Time frame with various options with a hope to get reasonable returns. Unfortunately the best I could get was 7.5 points/trade. I think there have to be more filters.
Unfortunately 6-7 months of backtesting is not sufficient brother. I have backtested this strategy with 10 years of historical data and noticed good results
sir u said 10 days avg can be taken as thumb rule............can u please clarify full day high low will be taken for avg or 1hr high low avg will be taken ..............?
@@indrazith1 but sir full day high low is formed in 6hr 15 minutes and IB high low is created in 1 hour is it logical to compare it both as time frame for both has been diffrent?
@@indrazith1 Thanks Sir, My understanding 1. Mark IB (1Hour) or use indicator. 2. Wait for breakout (Candle close). 3. Check if the breakout Candle is with in our filter range. 4. Take entry on running candle, once next candle breaks the high of the breakout Candle
Sir, I have a few doubts with IBR breakout strategy. I did 1 year back testing with Bank Nifty. It is working with 24% of Stop Loss. So I started trading after the back testing. The issues I am facing is that 1. Which strike Price should I select? Currently I am selecting ITM, but sometimes the SL in futures is not hitting the SL, but where as it is hitting SL in options. So how do I trade options exactly? 2. While exiting, sometimes after it is giving IBR range, or just before it gives, it is pulling back and hitting the entry point, and then it is again moving in my favourable direction. So how to exit when there are pull backs?
The strategy I have explained is based on spot or future chart. You need to develop strategies to trade in options. One simple logic is why do you buy options for this system when you can also sell the options? (As it timedecay will not work against us)
@indrazith1 Sir, I need to develop a separate strategy for options? I dnt have much amount to do Options selling. So I am always buying. Is there any video where I can understand how to trade wth Optins using IBR strategy?
If you are trading only in the normal trading hours, then you can consider 1 hour range as the IB range. If you are trade extends to the next session (4 to 8 pm), then you can consider 1.5 hours as IB range
Sir Namaskara ... hope neevu aaramagi idira .. I went through this video . I was looking at banknifty spot chart for 4th mar 2024 . This on normal candle stick chart type gave an breakout but as seller wick was 20% on 6th 15 min candle , the position was not to be taken. However on 7th candle it formed a big red candle breaking the low if IB candle low . But market was sideways . I accidently turned on Heikin ashi candle chart and it showed that there was no breakout on either side with lesser than 20% of opposite direction player ... so does this strategy give any edge with type of chart we use
Answer - C .Thanks for the knowledge sir. My most favourite channel why because as i am from South Indian i can understand English language easily and many RUclips channels speak in hindi . I requested them to mix the languages but some people considers and some neglect my request. I watched many ORB Videos but no one explained like this. You are giving deep inside knowledge so people should have patience for long videos which gives more knowledge. All and many RUclips channels said that when open range broken buy or sell these are for their views. Once again thanks for eloborate knowledge sir.
Welcome brother,
The only reason they speak in Hindi is to reach more people brother as many people speak in Hindi in India.
My suggestion there are also some good traders who know only Hindi (but are not fluent in English).
We all should grow above these barriers
Ans: C .Thank you very much for the valuable session
You are always my trading guru sir, as usual wonderful mitigation techniques you have given us to save losses. Now I am reading your Market profile book sir. Thank you so much.
Answer is : C
Always consider "Market" as your guru instead of considering any individual as your guru
Answer is 3
Sir your market Profile book I am reading the following it is working good
Thank you for more clarity for the filter
Very good
Answer - C. I have already read the book and watching it again on your youtube channel helps revise the concepts and learn more. Thanks for the nice learning videos.
Super Sir.. Excellent explanation.. Answer is C
Answer is C sir. Thank you for the knowledge
Very good & helping for trading video THANKS Sir. Ans. = option C . Thanks. 🎉
Sir, Answer is option 'C' - A stock of well-established and financially stable company....This video has given eye opening information and technique to understand the market patterns. Please do make such videos which will help us to understand why we are taking that trade and ultimately making some money out of it..Thank you once again...waiting for your next video....
How did I miss to notice your videos all these years?. It's amazing 👏🏻 🎉
Quiz Answer - Option C
Sir I am grateful for this knowledge and the fantastic strategy, thank you for taking time to explain this complex concept in such easy words.
I love your videos.
I've learnt so much from your videos.
Thank you for your teachings.
The answer to your question is C.
The answer is C. Looking forwards to read your book, great golden nuggets.
Answer of Quiz is : A stock of a well-established and financially stable company. 🙂Good Learning from your all video tutorials .
Thanks so much for the video. Can I use this strategy on FOREX as you have described?
Answer is C. Pl. Send the signed book, I need it.❤
Very well explained and I really like your videos.
Very informative video sir. Answer is C.
sir The answer is C, EXCELLENT EXPLANATION, Thank you
Sir, same question asking here - is Spot or Futures reliable in terms of candles / reference? ( Ans C for the quiz)
@@vish3118 It's a pure price action concept and works as it is in all charts.
For example, if you are taking trade in equity, then observe only spot chart and take trade if you get a signal.
If you are taking trade in futures, then check for signals only in future chart
your teaching technique are awesome and well re-searched . Really helping me to understand intraday trading
Very well explained, kudos to you. Let me experiment with it. Would be great too if you can provide a scanner for this in chartink.
I love to read your books...god bless you
Answer is C.
Your video is very good and logical.
Answer is C , very informative. Thanks for sharing
Answer is C . very well explained thanks for sharing .
Thanks.Your channel is best for intraday trading .No noise channel. No false hope and false dream.🙏🙏🙏
Video time is nearly 38 min. I try to skip it. But after watching the video really worhthy. I learn new indebth knowldege about ORB.
Well explained.Thanks for the same.The answer to the quiz is C
How much points i can consider for wide IB to avoid that trafe in nifty and banknifty?
Ans: C, I feel i am very late in answering. Thankyou sir for the valuable information. Please make videos on the contents in your book. I am ready to buy the videos because it will be more practical. Thankyou
very nice information sirji ❤❤
Answer is c & thanks for the content.
I had read one of your posts in Quora about this yrs back. I wrote a question too, but u did not respond to it sir. However, made you my mentor like Eklavya to Drona. :-) #honestconfession
Best and amazing educating video. Gives direction to ones trading.
good video, do we need to wait for candle close before enter into trade ? and what time frame candle close ? Thanks
Please watch the complete video (especially 'filter' part, I have answered this question)
@@indrazith1 thanks for ur reply, i got the answer , just confim me , " we will execute the trade when next candle breaks the high of Breakout candle and SL would be low of breakout candle ?
ur second video is AMAZING, as u givn example of ATR is 100, but nowadays ATR is 220,
kindly answer,
Thanks
@@narohit yes,
ATR 100 I just took am example. Follow recent levels
@@indrazith1 thanks for prompt response
Good research and excellent understanding Sir. Will add the wick study to my orb. Thanks Sir
Best ever explanation on ORB strategy ever...................
Awesome topic and beautifully explained... Appreciate all effort for this presentation...
Sir strtgy mentioned in the book are for intraday with setups? Interested in buying
Yes
Sir, 1. Are there any other filters to avoid the losing trades, you said one filter. 2. If apply this filer, is there a chance of missing the good trades?
One can develop any number of filters.
Using the 20% filter, you may miss 10% of the winning trades, but you will avoid over 80% of the losing trades. Think logically and act 😀
@@indrazith1 thank you sir.
Answer C
Sir loved your content
It's Unique
I bought this book, informative
Thanks 👍
Best Video on ORB.
Thank you.
Answer is C
How to find out live market stock in this strategy,
Any filter to find out or search
Individual
Dear Sir, The Answer is C, Hoping to Be the lucky winner, can buy it, but getting singed copy from the mentor is always next level feeling📓📓📘📘
Can you share a screener on this with both the condition
Sir thank you, if i am not missing, you didn't speak about target setting..
It's the same length of IB after the breakout (as majority is normal days)
Sir, Nice strategy for day traders, Can anybody suggest 1-5 stocks which are best among the lot to do 1 hr ORB. Thanks
Answer:C. Thank you so much for your valuable content 🎉❤
Sir. Is there any proper time for the intraday. Please let me know. I am following it, last month I make approx 19% roi on cash intraday.
Nothing like that, opportunities can come at any time
@@indrazith1 ok. Thank you sir
Well explained sir❤
Sir this video surely added value ..thanks 🙏
Option C is the answer Sir. Thanks for your insights 🙏
Thanks for sharing ❤
Appreciate your efforts .
Thanks for sharing today made 3K profit with this. Can you share how to select stock for this system
Very nicely explained. Thank you for sharing knowledge
Very well explained.Thanks.
Could you clarify the phrase the market operates from 9:15 to 3:30pm is in what kind of time zone? Because checking 9:15 PM IST (India time) is 11:45 AM EDT (New York time)
Indian market operates between 9.15 AM to 3.30 PM (Indian Standard Time)
Great sir, the contents are most valuable. Thanks🙏
I bought this very good book ,
Thankyou Indrazith sir
Thanks for this concept but my question is how will you filter the Thita decay in option buying especially on expiry day ,
Options buying on expiry day is not the ideal way to trade.
One can plan options selling or credit spread to take the trade.
If you still plan to take the option buying trade, then take the next week's contract as the time decay is minimal
exellent learning🙏
AND answer is C
It's important to preserve money by not getting caught up in wrong n false break outs... extremely important. Lost trades due to this.
Great strategy explain with chart❤
Sir how to calculate 20% wick of candle can u explain with and example please for knowledge?
i read the book & gone through the video as well. i also done the manual testing from JAN 2024 to June 2024. the strategy gives the winning probability of 43% only.
total Trades are 95
winning trades 29
losing trades 66
lot i had taken 4 (100 qty) & i consider all the points which is mentioned in book & video
Trading instrument is Nifty or i assumes the trades in nifty futures
probability is very low in most of the months you just closed in green
@@sarbindupal1988 I can clearly say your calculations is not correct.
For example, 29 winning trades put of 95 trades will give a 30% winning probability (not 43% as you mentioned).
Also one should not declare the outcome of a strategy just by backtesting few months (we should backtest for a minimum of 5 years)
@@indrazith1 yes sir i divided with 66 , yes the winning % is 30%
I will do 2 years of data analysis manually.
Then will decide to go for the strategy on intraday or not or i will also do testing on some stocks too.
Thank you sir for the book , i read in 2 days , i liked the concept of bullish harami + hammer. Its a good update in knowledge.
I also decided to read the books you shared in your videos and i already order book of ashwani gujral sir
If you allow can i share the data i backtested at your DM.
Thanks for your teachings...love the content ❤
C.... Thank you for the wonderful knowledge.
sir Should breakout and breakdown candle also be of 15 min time frame ???
I backtested Nifty from 04-08-23 on 15 minute Time frame with various options with a hope to get reasonable returns. Unfortunately the best I could get was 7.5 points/trade. I think there have to be more filters.
Unfortunately 6-7 months of backtesting is not sufficient brother. I have backtested this strategy with 10 years of historical data and noticed good results
Answer:C This works i back tested it for so many stocks
Hi sir answer is option:C
C is the Answer Sir. Thanks for creating good contents!!!
Indrajit ji, have explained about orb in your Book too?
Yes, also provided backtesting results against 10 years historical data
sir how to select appropriate stocks for this strategy ?
sir u said 10 days avg can be taken as thumb rule............can u please clarify full day high low will be taken for avg or 1hr high low avg will be taken ..............?
Full day range
@@indrazith1 but sir full day high low is formed in 6hr 15 minutes and IB high low is created in 1 hour is it logical to compare it both as time frame for both has been diffrent?
@@AJTheOptionBuyer A good question, why don't you backtest with historical data (at least for 1 year)?
Sir, can you please explain in summary about your book, what kinds of features are there ?
If you visit the book on Amazon you can read 10% of the book including the index and first chapter.
Then you can decide to buy it or not
Sir, I’m a swing trader. Is your Book helpful to improve my journey ?
@@phanbahadur70 Yes brother
C is the answer, Nice explanation
Answer is C...i follow your videos sir
Do we need wait for candle close
For IB range breakout yes
@@indrazith1 Thanks Sir,
My understanding
1. Mark IB (1Hour) or use indicator.
2. Wait for breakout (Candle close).
3. Check if the breakout Candle is with in our filter range.
4. Take entry on running candle, once next candle breaks the high of the breakout Candle
@@linemantraders1583 perfect
Thanks sir. Ans c
Answer-C
C is the answer. Thank you
Answer is C.
Sir, C) is the correct answer for blue chip stock.
Option C sir , A stock of well established and financially stable company, repeateadly watching your content only sir , love you for the work sir ❤️
My Answer is Option " C"
A stock of well established and Financially stable Company.
Sir, I have a few doubts with IBR breakout strategy. I did 1 year back testing with Bank Nifty. It is working with 24% of Stop Loss. So I started trading after the back testing. The issues I am facing is that 1. Which strike Price should I select? Currently I am selecting ITM, but sometimes the SL in futures is not hitting the SL, but where as it is hitting SL in options. So how do I trade options exactly? 2. While exiting, sometimes after it is giving IBR range, or just before it gives, it is pulling back and hitting the entry point, and then it is again moving in my favourable direction. So how to exit when there are pull backs?
The strategy I have explained is based on spot or future chart.
You need to develop strategies to trade in options.
One simple logic is why do you buy options for this system when you can also sell the options? (As it timedecay will not work against us)
@indrazith1 Sir, I need to develop a separate strategy for options? I dnt have much amount to do Options selling. So I am always buying. Is there any video where I can understand how to trade wth Optins using IBR strategy?
Answer to blue chip Stock is option C sir
Thank you sir, it is excellent explanation and statergy. You said 20% wick. You mean 20% of the candle, I suppose
Yes, wick should be less than 20% of the candle.
what time frame should be use for orb trading and what time frame for filters with wick 20%
@@Rahul-g8x 15 mins timeframe
@@indrazith1 and what chart should we use options, futures or the ce and pe chart from option chains? thank you soo much
What will be the IB for US markets? For S&P Index
If you are trading only in the normal trading hours, then you can consider 1 hour range as the IB range.
If you are trade extends to the next session (4 to 8 pm), then you can consider 1.5 hours as IB range
@@indrazith1 Thank you
Answer C
Sir how to calculate initial balance in crypto? Bcs its 24/7
answer is C
Sir Namaskara ... hope neevu aaramagi idira ..
I went through this video . I was looking at banknifty spot chart for 4th mar 2024 .
This on normal candle stick chart type gave an breakout but as seller wick was 20% on 6th 15 min candle , the position was not to be taken. However on 7th candle it formed a big red candle breaking the low if IB candle low . But market was sideways .
I accidently turned on Heikin ashi candle chart and it showed that there was no breakout on either side with lesser than 20% of opposite direction player ...
so does this strategy give any edge with type of chart we use
Please drop an email to Indrazith.s@gmail.com along with charts.
I will respond
Good morning evening sir... My answer is C
Answer is C ( a stock of a well established and financially stable company
IB range time frame for 24 hour market?
4 hours