Day Trading Stocks & Futures

pratapvb

Well-Known Member
re: Day trading Nifty & Banknifty Futures

BNF

short near brown top in morning

SARed to long near brown bottom

but gave up that long midway around 11096 near tan top / vwap

now short again from 11130

sideways trading so qty is less

 

pratapvb

Well-Known Member
re: Day trading Nifty & Banknifty Futures

BNF

short near brown top in morning

SARed to long near brown bottom

but gave up that long midway around 11096 near tan top / vwap

now short again from 11130

sideways trading so qty is less
out near -1SD ....exited around 11096
 

pratapvb

Well-Known Member
re: Day trading Nifty & Banknifty Futures

NF

6195-6213 inner range
outer range 6184 to 6220

 

pratapvb

Well-Known Member
re: Day trading Nifty & Banknifty Futures

Not sure Danbhai, I was even surprised :D. But I have heard sometimes traders mention MA21 as holy grail even ST had mentioned once.

This MA system is prone to whipsaws too that is the sad part :|, but haven't come across any other system that can avoid whipsaws yet, so following this only so far, lets see how it goes :(.
check whether when it is giving whips one of these 2 conditions is satisfied

the BNF MA line is
1. in 60-13 range OR
2. between +1SD and -1SD of the day

most whips will be in this time

will see if can put some charts later

P.S. charts will be of 3min TF so will use 34EMA there as 5 x 21 ~ 3 x 34
 
Last edited:

sudoku1

Well-Known Member
re: Day trading Nifty & Banknifty Futures

mkt showing no signs 2 remain or go short intraday !
 

Similar threads