Day Trading Futures

[Smart_trade]

10:00 AM American time and market went up like a rocket. Why? One reason for sure: Existing Home Sales was fine

That means we will have a grand farewell to April series tomorrow.

ST

 

[LivetoTrade]

That means we will have a grand farewell to April series tomorrow.

ST

Despite such high Vix, whole April series has been in <200 point range, hope the farewell is really grand

 

[Somatung]

That means we will have a grand farewell to April series tomorrow.

ST

16 April to 17 April Nifty showed the inverted Head and Shoulder pattern and then market went up. It took around seven days in the Dow to form nearly the same pattern (10 April to 17 April).

At the moment the Dow is again at resistance of the range at 16'500. It is token now or we leave it. If the Dow falls again back to around 16'000, I guess Nifty will also do some down moves. Interesting today was to watch Infosys and Nifty. When Nifty went up, Infosys went down. When Infoys a bit went up, you could be sure Nifty went down. Playing the 3150 put and the 3200 put in Infosys was a good income game in this market in the last few days. Take care and enjoy the Indian nights

Edit: Forgot to mention: The watched time frame in Nifty to see this pattern was the one minute in the Nifty and the one in the Dow was hourly.

 

[a1b1trader]

Today

BN - NR7
BNF - NR7

NF - IDNR7 (Inside day as well as NR7 day)
NS - 2NR7 (2 consecutive NR7 days)

So tomorrow should be a day of high volatility.

In addition to it
24.4 is a Gann Pressure Day
Will it also exert some influence.

 

[manishchan]

Nicely done :thumb: Why are you showing a mad face? Why not like this:

http://tinypic.com/view.php?pic=2m6obv6&s=8

hehe.. Mad face because of such small ranges today. But yeah.. what can we do.. we hv to just go with the market wherever it goes..

 

[timepass]

The dollar has opened very strong, and the ATP keeps moving up furiously.

 

[DIVYEDIX]

Done with the bakwaas day.. can't do anymore of coins picking

nice trades

 

[oilman5]

For day or swing,
SEE JUSTDIAL, it is in context of uptrend( that is after good fall, now its start -upjourney . SO potential upswing, last 3 days accumulation done- 1st target is 1420,
check chart EOD - price confirmed upmove.
regards

 

[timepass]

Nifty is steady, but LIX15 seems to be creeping down slowly. The currencies have bounced from their ATPs..

 

[oilman5]

For day or swing,
SEE JUSTDIAL, it is in context of uptrend( that is after good fall, now its start -upjourney . SO potential upswing, last 3 days accumulation done- 1st target is 1420,
check chart EOD - price confirmed upmove.
regards

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for swing long- stock has to be come down, best if come down near 1st weekly support. It should have uptrend in longer term - thats why original sponsor shall join. Now u see 3 days atleast no fall(infact little upmost is better) .
SO NOW its fall stop/ 3day small up = set up for swing long. Next NIFTY has some +bias. So now u enter , as well as big fund is buying , -soon it will go 1380- so MA traders /indicator students will see its up. They will give target of 1600 min. ( actual price i dont know)
just open EOD chart , and THINK rightside. U will get the trade.ENJOY:clapping: