Day Trading Futures

[TradeJoker]

yes keep it open :thumb:, meri trading ka koi bharosa nahi hai , a/c gol to mein bhi gol

so any plan to play 6th innings? Tho mera ashirwad hai

 

[candle]

Seniors,

It is often said that You must choose the trading timeframe according to your personality. But the question lies as - " How to know which timeframe suits me ?"

I am not able to judge myself. How could I figure it out ? Need your valuable guidance please.
:sos:

regards.
candle

 

[manishchan]

yes keep it open :thumb:, meri trading ka koi bharosa nahi hai , a/c gol to mein bhi gol

TR Bhai... Hope you added up to your skills/methods/strategy during the gap you took. Courage is in keeping the hope alive even if you fall for the umpteen times. :thumb:

 

[manishchan]

Seniors,

It is often said that You must choose the trading timeframe according to your personality. But the question lies as - " How to know which timeframe suits me ?"

I am not able to judge myself. How could I figure it out ? Need your valuable guidance please.
:sos:

regards.
candle

Usually it is said in the context of what kind of trader you are. If you are scalper meaning you trade for only 2-5 points (NF), 1 min does the job for you. On the other hand, if you are a trend rider who look for trend and enters only when sure about out.. usually would trade higher TF like 5 min, 15 etc. Why ?? Because trading 1 min for such person wouldn't make sense it would give whipsaws and conflicting signals.

Some people prefer trading swing over intraday... they usually trade 30 min, Hourly charts. Why.. because they don't like to sit and watch the screen entire day or time constraint and their psychology doesn't fit for intraday trading etc... they enter a trade when they are sure about the trend and watch their defined price level on and off. and get out in 1, 2, 3...days

So TF boils down to what type of trader you are.. intra or swing.. do you trade full time or part time... scalper or trend traders... and that is why they say trade the TF that suits your personality..

 

[amitrandive]

Seniors,

It is often said that You must choose the trading timeframe according to your personality. But the question lies as - " How to know which timeframe suits me ?"

I am not able to judge myself. How could I figure it out ? Need your valuable guidance please.
:sos:

regards.
candle

Some references for you

http://daytrading.about.com/od/daytradingbasics/qt/TimeFrame.htm
http://tuckerreport.com/articles/time-frame/
http://www.babypips.com/school/high...-analysis/what-time-frame-should-i-trade.html
http://www.theeverydaytrader.com/your-trading-personality/

 

[TradeOptions]

Here is the intraday chart of Tatachem as on 30 May 2014. As the price has crashed, the OI and Vol have shot up. This is indicating creation of fresh short positions in this counter.

But when we look at the EOD charts, the price has already fallen back to around 300 levels, where it could take support, so not sure if it will be wise to create short position or buy puts at this level.

Any views from the seniors and other members are most welcome.

Thanks

 

[XRAY27]

Here is the intraday chart of Tatachem as on 30 May 2014. As the price has crashed, the OI and Vol have shot up. This is indicating creation of fresh short positions in this counter.

But when we look at the EOD charts, the price has already fallen back to around 300 levels, where it could take support, so not sure if it will be wise to create short position or buy puts at this level.

Any views from the seniors and other members are most welcome.

Thanks

Since Options are derivative of Price i take price of EOD as main point to notice the trend ...when other factors match with my Trend then it is better to take the position
Offcource this is my View people can have different ideas

 

[timepass]

So, a new state is born today !!

Congratulations to all the Telugu people and all the best.

 

[amitrandive]

Here is the intraday chart of Tatachem as on 30 May 2014. As the price has crashed, the OI and Vol have shot up. This is indicating creation of fresh short positions in this counter.

But when we look at the EOD charts, the price has already fallen back to around 300 levels, where it could take support, so not sure if it will be wise to create short position or buy puts at this level.

Any views from the seniors and other members are most welcome.

Thanks

Just posting my take.
May bounce from 300 levels.20EMA providing support.

 

[kiran_thiru]

So, a new state is born today !!

Congratulations to all the Telugu people and all the best.

yes, and an old state also reforming as new state.
the new born baby has full features like state etc.
and the old guy loose his all except courage that he will became more powerful than before.
:thumb::thumb::thumb: