Day Trading Futures

[Mungerilal]

NF nicely trending with all pullback arrested by the green band and pvt lows forming there

I want daily 10-12 points only..will these bands help me?

 

[sudoku1]

What about a person who would like to see Green when he is long and Red when he is short in the market ?

It's a good thing dat wen God created the rainbow he didn't consult a TRADER or he would still be picking colors.

 

[pratapvb]

I want daily 10-12 points only..will these bands help me?

I use these for s/r to see any profit booking etc

in a trend I have noticed that this holds ....so for e.g. I will not take a SL for long just couple of pts near the low of the band and vice versa

on NF I use 5-13 to hold trend

and

15-13 60-13 and daily-13 to see relative trend of TFs and s/rs

I do not trade the band, but I have heard that some people have developed some trading rules around the band

hope they are willing to come forward and share what is built around these bands

but anyway whatever it is you will have to do your own backtesting and see as bands will not fully help in sideways except to tell use of potential sideways zones when the bands overlap

 

[HEM]

In trends it pays to have some swing trading positions ( small may be ) along with daytrading. Many times markets will open with a gap in direction of the trend and then move small during the day...and gap again...swing positions capitalise on such gaps.The same holds good in downtrends too.

Yesterday's market gave 2-3 opportunities to catch the trend for Nifty Futures daytraders too.... for stocks daytraders like Maruti it was a dream day.

Smart_trade

Yes ST bro, Yesterday's market gave 2-3 opportunities to catch the trend for Nifty Futures daytraders........ yesterday i took long above 9:25 bar high and exited below 10:10 pl low and again took long above 8048 ( above 5 min 11:05 ph high/15 min 11:15 ph high/30 min 11:30 ph high...... all three ph high was same)....... and booked all 3:20 pm.



HEM

 

[XRAY27]

 

[timepass]

Banknifty above 16000, sensex above 27000, nifty above 8000 and trying to kiss 8100... 100days of Modi govt - The market has given him thumbs up for performance too.

 

[Smart_trade]

Spot Nifty at 8100 :clapping:

ST

 

[sudoku1]

Spot Nifty at 8100 :clapping:

ST

As D bull market goes on, traders who take great ,but right risks achieve great rewards, seemingly widout punishment. It's like crime widout punishment or sex without sin.

 

[XRAY27]

Another trending day..This proof/s that

1.Don't trade with bias

2.Never try to predict

3.Just act according to setup of market

 

[timepass]

SBIN is in a nice uptrend, but 2550CE isn't gaining much.