Day Trading Futures

[a1b1trader]

TYPO....

I think he meant 6180-90 because that is current clog to the upside

Thanks for pointing out.
Yes, it is 6180-90 and not 6280-90.

 

[manishchan]

Any special reason for tracking OI specific on Index futures? It makes sense on commodities futures but I haven't heard or read about any specific reason to do it on Index futures. Really wondering what it could be.

Well.... I trade only futures index for now and off late have been trying to understand how to trade Options by trial and error . I am making a daily tracker for myself to keep track of how OI affects the movements. I am aware that keeping a check on OI on Options gives us crude idea of how the price can move ahead. Not sure if the same applies for Futures... its just my Trial & Error method to see what works and what doesn't

 

[a1b1trader]

Can anyone help me with the link to track live OI for Future Indices please ? I am unable to find it on nse site. Tried googleing but doesn't help.

Ok.. found it at NSE site itself. Link mentioned below if anybody cares..

http://www.nseindia.com/live_market...ument=FUTIDX&type=-&strike=-&expiry=26FEB2014

Manish
One more way to know the OI,
You can add the column of OI, in your trading terminal itself, to know the live OI

 

[a1b1trader]

No wolfe is not sleeping.
There were quite a few wolfe intraday
But when market is in sideways, wolfe target too, will be of 7-10 points
And the members do not like small target wolfes

Just now a -ww of target 6145 has formed,
Will you like to ride it

Just think of it,
When start trading tomorrow in the morning

NF -ww 1 min tf target 6145

OR

Will there be a gap down open at 6145 !!! :lol:

 

[nirav_j]

Good volumes on SGX for both Feb and march contracts . .

 

[pratapvb]

NF as of friday close

 

[pratapvb]

BNF as of friday close

 

[XRAY27]

@pratap sir
can you share this excel file or it is any paid service software???

 

[pratapvb]

@pratap sir
can you share this excel file or it is any paid service software???

have not done any paid service business yet...but a lot of effort has gone into this so still not decided whether to put it in a public forum or not

I am posting / sharing the charts here anyway

 

[pratapvb]

FYI am not trading today....so won't be around today after about 1/2 hr