Day Trading Stocks & Futures

amsin21

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

was fooling around with the astro function in my software, it spat this out ...

looks pretty good ... the blue worm is the forecast line ...

Dear Nirav,

There is no astro or magic involved in your chart. Don't get fooled. It's pure Ichimoku cloud projected 52 periods in future, shown as blue line in your chart. Read more and learn about Ichimoku Kinko Hyo strategy, believe me ... a real robust strategy.
 

nirav_j

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

Dear Nirav,

There is no astro or magic involved in your chart. Don't get fooled. It's pure Ichimoku cloud projected 52 periods in future, shown as blue line in your chart. Read more and learn about Ichimoku Kinko Hyo strategy, believe me ... a real robust strategy.
Hello amsin21,

Thanks for your post.
I included the ichi study on the same chart and this is what it came up with.

Could you please confirm if its the same with the chart i had posted earlier ?



Thanks.
 

kiran_thiru

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

Going by the market so far,expecting a trend day today.

Smart_trade
yes sir. as per your comment a steady trending day.

but ril gave me loss in long position. reverse to short gave me profit.
:mad::):mad::confused::)
good day today both ril, sbin shorts gave me good profits in up trend day.
finally some profit made in ril long too.

But traders who are long in Nifty futures or Calls are making money....Ravi,Stock72....all happy today I am sure.

ST
sure. they will have good return today.
 

amsin21

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

Hello amsin21,

Thanks for your post.
I included the ichi study on the same chart and this is what it came up with.

Could you please confirm if its the same with the chart i had posted earlier ?



Thanks.
There exists few differences between the plots. Maybe how the line is drawn, may be a smoothed one. You can have both in the same chart for side by side comparison. Can you check the calculations in the source code to confirm, if possible. Use formulas from the link below.

http://www.kumotrader.com/ichimoku_wiki/index.php?title=Introduction#Ichimoku_Settings
 
re: Day trading Nifty & Banknifty Futures

Going by the market so far,expecting a trend day today.

Smart_trade
Hello ST sir
what a great & superb analysis! today is indeed a great trend day!
You have interpret this at 10 am..starting of the day..could you please explain how do we know that today will be great trend day, in starting of the day?
what's the symptoms its showing in early morning?

high close bullish bar with small or no shadows..& very shallow pull backs..That's all I observed..but if you will put more light on this..It would be a great lesson for us..
Regards
 

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