Day Trading Futures

[Trader_PK]

I beg to differ, Sir.

Please go through the 14 day ATR of Nifty.

http://techpaisa.com/chart/nifty/atr/

Once Nifty become expensive swings may not increase correspondingly. . In March 2009 Nifty was 2600 and ATR 81 and now Index at 6800 and ATR at 64.
There is no relationship between lot size and range. Nifty and Mininifty had same range.

Nifty or any other instrument moves in absolute price points and not in percentages. % is a derivative of price not the other way.It is the horse that pulls the cart.

Please note that ATR is not a true measure of range available for day trading as it considers the previous day close.For example nifty trades in a range of 20 points after a gap up of 100 points. ATR will be 120 points where as we can only trade a 20 point range.

Always remember... when market fall ATR is high

but when marker rise ATR is low


reason is simple when market fall ...panic start to kick in... but when market rise .. its all when big gun will buy

 

[a1b1trader]

When is the Infosys result.
Is it on 15th morning at 9.00 am or some other time.

Anyone interested in 'My Observations' for Infosys.

Only 2 are interested, OR
Do not want to come forward.

Dont worry

As already said,
This is one of the last few posts on 'My Observations' in the thread

Not going to bother you people with 'My Observations' any long, may be till tomorrow evening, for last.

 

[starscream]

A1b1 keep posting .many silent observers to your posts .

 

[suri112000]

Laughing time.

 

[pratapvb]

Will post

But first let me know, when is the INFY result,
I mean time, at what time
Is it 9 am or different.

It is usually premkt around 8.30

 

[kiran_thiru]

Only 2 are interested, OR
Do not want to come forward.

Dont worry

As already said,
This is one of the last few posts on 'My Observations' in the thread

Not going to bother you people with 'My Observations' any long, may be till tomorrow evening, for last.

why sir u disappointing. many TJ members are (including me) observing silently and following your posts. as me i read your "My Observation" and plan as per my idea to trade. my request is don't stop ur valuable Observations.

 

[Smart_trade]

And how to do that ST da? Sell at +2SD of VWAP & Buy at -2SD is one good way. Are there any other ways ? I remember your post saying TDST, Stochastics and bands for these sideways days.

Regards,
Gaur_Krishna

In sideways markets one has to sell the high of the range and buy the low of the range. Range high and low, there are many method to define those levels.How do we know that the market is facing resistance at range high and support at range low ? Way of finding that out is failures at high/low, TDST,Long tail hammers formation, piercing or engulfing candles at high/low, previous high /lows...etc

Smart_trade

 

[Somatung]

It is usually premkt around 8.30

The big, short time players already took positions on Friday. The incoming option volumes on certain option strike levels was absolute impressive. Analyzes are done daily on intra day and end of day since 19. Mar 2014 on this share for what ever reason.

 

[manishchan]

Only 2 are interested, OR
Do not want to come forward.

Dont worry

As already said,
This is one of the last few posts on 'My Observations' in the thread

Not going to bother you people with 'My Observations' any long, may be till tomorrow evening, for last.

why why .. please continue to post. I'm sure many here including me love your observations... :thumb:

on a private note, I have big expectations from your Sorcery method too

 

[LivetoTrade]

The big, short time players already took positions on Friday. The incoming option volumes on certain option strike levels was absolute impressive. Analyzes are done daily on intra day and end of day since 19. Mar 2014 on this share for what ever reason.

Just curious, if I may ask, do you trade the Indian markets?