Day Trading Futures

[Somatung]

for more clarity am from India. 2 CAs told me 2 different things.

@Lemondew

The post was not commented in your direction. The one who asked the specific question uses an other avatar name (Ajaxmk) and his avatar says he is located in the United Arab Emirates.

http://i62.tinypic.com/2h4x0lg.png

Take care and have a nice day

 

[a1b1trader]

As anticipated NF zoomed after 6800 to 6847, near to first target of 6850.

Now for today (10.4.14)

If C & S above 6860/65 then can reach around 6900 levels.

Or

May consolidate for some time, if unable to move above 6860/65

Take care

Oh sorry
I thought you were saying the other way

6900 is a possibility, so to say a reality, but also a danger zone (above 6885)

I havnt anticipated, that happened on 10th dying hours and on 11th
Though I have anticipated the fall to (around) 6800, after NF crossing of 6870, and/or at around 6885-6900 zone.
But that (the fall) happened a bit earlier.

Now for 15.4.14

My observations

It will be just repeat of, what posted for 10th.

If C & S above 6825/30 and then above 6860/65, can reach around 6900 levels and above this level too, if sustains 6910/15.

However, 6885 to 6910, there is a danger zone that can drag NF to 6780/70 level once again, if that happens

Or

May fall to 6780/70 levels, if unable to move above 6860/65, after C & S above 6830 levels

So friends, as this could be my last post on 'My Observations', in this thread, I take leave.
Though, will keep posting on other topics, as usual, if, of my interest.

Thanks to them, who acknowledged my posts regularly and to the so called 'silent readers' also

Bye

 

[a1b1trader]

for more clarity am from India. 2 CAs told me 2 different things.

Hi lemondew

There are few threads, specifically for taxation matter. So it would be better if you visit there and post your query, there so as to get a detailed reply.

http://www.traderji.com/taxation-matters/

Or

Get through last few pages say 20-25 pages, of the thread
http://www.traderji.com/taxation-ma...-tax-related-quieries-i-would-get-solved.html

And in all probability you will get answers to all of your taxation queries, without posting any.

Also, in Zerodha's, Zconnect, there is a separate space for taxation matter. So, you can go through that blog as well.

 

[niftytaurus]

Hi friends
all seniors & fellow members...please put light on price action trading by albrooks...I mean I am thinking about learning its method...is it worth spending time & hard work on it...does those methods work?..As i didnt see much thread about it in traderji..sorry for my ignorance..
seniors please share your views about it in details..you can reply at your ur convienence after market hours..
thanks

hi
please give ur views about it...i have posted it 3-4 days back..it may have not noticed..please give ur views about it..much views much better
thanks

 

[Somatung]

hi
please give ur views about it...i have posted it 3-4 days back..it may have not noticed..please give ur views about it..much views much better
thanks

Do not ask and just do it. If you are really interested in what he shows, you already would have started to learn it. One of the great price action traders and price action teachers at the moment in the market and you come up with such questions.

 

[pratapvb]

hi
please give ur views about it...i have posted it 3-4 days back..it may have not noticed..please give ur views about it..much views much better
thanks

I read al brooks and found it difficult to follow in real time. But that could be my limitation

 

[Vertigo_1985]

hi
please give ur views about it...i have posted it 3-4 days back..it may have not noticed..please give ur views about it..much views much better
thanks

if i am correct then you have learned other price action authors or other systems too, if thats correct then what's the reason to move to albrooks ?

 

[cloudTrader]

Hi friends
all seniors & fellow members...please put light on price action trading by albrooks...I mean I am thinking about learning its method...is it worth spending time & hard work on it...does those methods work?..As i didnt see much thread about it in traderji..sorry for my ignorance..
seniors please share your views about it in details..you can reply at your ur convienence after market hours..
thanks

If you want to learn in & out of Price Action in a way how traders [bulls & bears] really tend to bring pressure on each other leaving traces of their efforts in the form of price movements then surely give your precious time to grab something great from Al Brooks. :thumb:

See his videos at You Tube along with reading the extensive material presented by him in his books and you will surely gain from it . Initially I found his book really confusing but after couple of readings along with his commentary in his videos many things became quite clear .

Regards.

 

[Tlahuicole]

hi
please give ur views about it...i have posted it 3-4 days back..it may have not noticed..please give ur views about it..much views much better
thanks

Bro I tried learning al brooks trading methodology but it was difficult for me to implement the things I read

 

[XRAY27]

hi
please give ur views about it...i have posted it 3-4 days back..it may have not noticed..please give ur views about it..much views much better
thanks

i have replied to your point for earlier post so going to reveal other important points.

i'am a PA trader along with patterns from past 7 years.. tried many afls and other stuff just to simplify the mechanics but nothing worked but

that resulted in late entries

PA learning will be easy and implimentation is difficult part... once that

is done then you will move a long way in market

you should watch the charts and also design some of the setups that are not there in the books basing on the logic..and impliment them .

any PA book is in context of there market (author coverage of particular market )

NOTE:i'm not against any indicator or afl trading ... i'm just finding my self comfortable in PA