Day Trading Futures

[LivetoTrade]

..........

 

[Smart_trade]

Posting Bank Nifty Fut 5 min chart. Blue lines are TDST resistance lines and Red lines are TDST support lines.

After breaking blue TDST resistance line on Friday, the market announced its intention to trend upwards which it did subsequently.

Using TDST lines as a supporting tool will give better results than using it as a stand-alone indicator.

TDST is one of my most favourite methods.It is like a measuring gauge on market activity.

Smart_trade

 

[vssoma]

dear ST,
will this works with TF-5min only or will it work with lower TF like 1,2 and 3
because i'll work with lower time frames mostly.

 

[Smart_trade]

dear ST,
will this works with TF-5min only or will it work with lower TF like 1,2 and 3
because i'll work with lower time frames mostly.

It works with small timeframes of 1,2,3,10,15 min as well as 30,60 and daily and even weekly timeframes. Higher the timeframe ,larger stops and larger move,lesser trades....but it works beautifully on 1 and 3 min also.

ST

 

[DataRam]

It works with small timeframes of 1,2,3,10,15 min as well as 30,60 and daily and even weekly timeframes. Higher the timeframe ,larger stops and larger move,lesser trades....but it works beautifully on 1 and 3 min also.

ST

@ ST bro , are you using the AFL for this setup prepared by PERL [mostly available at online resources] or some other new AFL ?

 

[Smart_trade]

@ ST bro , are you using the AFL for this setup prepared by PERL [mostly available at online resources] or some other new AFL ?

This is done with an AFL which I posted few posts back. You have to go to parameters and make first 2 options (of show 1 to 8 nos and show TD points) as NO . This will give you clean chart.

I have Jesson Pearl AFL also which is good and you can use the same but it makes Ami very slow.

Smart_trade

 

[DataRam]

This is done with an AFL which I posted few posts back. You have to go to parameters and make first 2 options (of show 1 to 8 nos and show TD points) as NO . This will give you clean chart.

I have Jesson Pearl AFL also which is good and you can use the same but it makes Ami very slow.

Smart_trade

This was really helpful ST da. Thanks. :clapping:

 

[alex_26]

2 day's Tata Steel Falling Wedge Reversal

 

[a1b1trader]

Just an observation

If BankNifty future reaches 10400
Which it seems to reach, in a day or two

And crosses 10450 with volume (may be after some consolidation or drop)

Then we can see 10700 +

Use proper TSL

BankNifty future moved as per expectation and it can reach/cross 10400 tomorrow and may move further.

A WORD OF CAUTION
And, as mentioned in the post above, the move above 10400 may be after some consolidation or drop.
So please remain vigilant and use proper SL/TSL
As I am looking for some drop from the present levels, more to say above 10375.
And this drop in price could be of 125-150 points (or may be more or less), ie can be upto/around 10225

 

[manishchan]

It works with small timeframes of 1,2,3,10,15 min as well as 30,60 and daily and even weekly timeframes. Higher the timeframe ,larger stops and larger move,lesser trades....but it works beautifully on 1 and 3 min also.
ST

Good Morning ST Da : Please clear my confusion. As per your earlier post, there was resistance at 6085 on 1 min. Here is my confusion :

I see TDST gives diff S/R at diff time frame. Should we follow the T/F only the one we are trading in ? Please throw some light on this.

The 1 min T/F on my chart shows around 6079. Did I miss something ?

I'm posting 5min, 3 min and 1min chart which show diff S/R.