Day Trading Futures

[vsaran]

This negative divergence hasn't materialized, rather, it went the other way. cost me 9-10 pts...

Timepass,
How you are getting stoch 3,8,4 in chart?There are only two values we can put ie average period and %k period.Please explain.

 

[a1b1trader]

SGX Nifty 6,099.00 44.00 +0.72%

 

[timepass]

Timepass,
How you are getting stoch 3,8,4 in chart?There are only two values we can put ie average period and %k period.Please explain.

This was a template from the earlier version of TradeTiger which allowed you to define %D also.

 

[Somatung]

-1

Date		Opening	Profit/loss	Closing
06-Feb		18337	-302		18035
05-Feb		18074	+263		18337
04-Feb		17755	+319		18074
03-Feb		17573	+182		17755

[URL="http://www.traderji.com/futures/91950-day-trading-futures-87.html#post931271"]Jan-14[/URL]		22808	-5235		17573

The appalling thing is, at one stage I was about Rs. 460 in profit. Then I thought "Let's round it off to Rs. 500 profit"......

Sir TP, here the chart you traded and you may explain, just for educational purpose, what happened beside your rounding of the numbers. I marked the entry levels with out any stop loss you told you trade (2-3 points you mentioned in the other thread)

 

[timepass]

Sir TP, here the chart you traded and you may explain, just for educational purpose, what happened beside your rounding of the numbers. I marked the entry levels with out any stop loss you told you trade (2-3 points you mentioned in the other thread)

In the below chart, I have marked the stochastic divergence that I traded, shorting 5800CE, expecting the price to go down at least 15-20 pts.. but it didn't.

In retrospect, I think I should've waited for the stochs to go into the neutral zone before taking the trade.

Nothing wrong the technicals, it was my psychology which did me bad yesterday.

 

[a1b1trader]

There seems an H & S forming in 15 min tf

Yesterdays H & S pattern stands invalidated as a new high has formed

 

[a1b1trader]

Crossing 6105
Next target 6120
Take care

 

[Gandhar.]

ding dong watch bnf should lead the way today

 

[Gandhar.]

y all of sudden dow fut up by 50 odd points in last 5 mins?
any news?

 

[pratapvb]

BNF