Day Trading Futures

[sudoku1]

NF trend ↑








tgt : 8222

 

[LivetoTrade]

Supreme Court reserves order in coal block allocation case.

http://www.business-standard.com/ar...ared-illegal-centre-to-sc-114090900333_1.html

 

[timepass]

Guys, will this count as a bearish harami pattern ? Obviously the next candles will confirm it but is this a genuine harami ? It comes on the back of three white soldiers.

 

[nirav_j]

NF still in that range

the AFL now comes with an interpretation too ?!

Awesome .. :thumb:

 

[sudoku1]

Guys, will this count as a bearish harami pattern ? Obviously the next candles will confirm it but is this a genuine harami ? It comes on the back of three white soldiers.

nt 2 discourage anybody..bt d majority losses 2 traders hav ocured thru candlesticks wen used in isolation due 2 its complex patterns.

 

[vasan56]

Is RCOM looking good for an intraday scalp ? It seems a bit high right now and there's a negative divergence on 5 min, but around 112-112.2 ??

Sir,
I don't see any divergence at all as you said.Can you explain?Thanks.

 

[timepass]

Sir,
I don't see any divergence at all as you said.Can you explain?Thanks.

Let it be, bro. That was hours ago during the trading session. I mention 5 min TF.

 

[Smart_trade]

Guys, will this count as a bearish harami pattern ? Obviously the next candles will confirm it but is this a genuine harami ? It comes on the back of three white soldiers.

It is a bearish Harami pattern.But in strong trends dont act on a candlestick pattern in isolation against the trend. That is a sure way of losses. Markets never reverse like this after making a new top. It will take a small correction lasting for few days...then will almost 100 % will try to test the top ( 1-2 attempts)....and if it fails then there is a chance of reversal or a deep correction.After 3-4 strong days it is natural to have few down to sideways days. But the way market was resisting going down and was snapping back today was clear indication that buying pressure still pretty strong and the reversal little away...

The above is the most likely scenario...but as we all know , markets can do anything...and we will change our stance as per the market move.

Smart_trade

 

[sudoku1]

Sgx down 22

 

[Somatung]

Sgx down 22

and Dow down 67 and in a nice range since over two weeks. :thumb: