Day Trading Stocks & Futures

re: Day trading Nifty & Banknifty Futures

based on welles WILDERs moving averages ?:-D
Not aware of his averages but he is more known for RSI,ADX,ATR and many indicators and also Delta society. Delta society I had tried to go deep but was not very successful as it is kept under wraps....

ST
 
re: Day trading Nifty & Banknifty Futures

Most people still dont appreciate the importance of this election mandate which the country has given. It is not just another election...but it is a definite huge shift in the fundamentals of the markets and our country. It will take few months to get it rolling but once it starts rolling, the progress will be very fast. I see huge opportunities for a trader on long as well as short side.

If a trader cannot make his fortune in next 5 years, then I wonder whether he will ever make it.It is that kind of a period we are going through...but this period is not a normal period...it is extraordinary period so all normal calculations like " kitna upar ja sakta hai" or "keep holding the loosing positions we will get our price " will not work. We will have many guys loosing big time too in this period.

Smart_trade
Dear ST

A trader can make at all times money if he is now trading different markets like commodities/currencies/indices/bonds. Here your post is, at least to me, a bit confusing as if there is no action in one market we just chance to an other market.

Take care / Dan :)
 
re: Day trading Nifty & Banknifty Futures

Sir ji you are among very few people I know who think like that......... I have been believer of the bull market from October - November last year but nobody gave any ear :D
Hi toocool

Did you post something to this effect, in the forum.
If yes then please post the links.
Thanks
 
re: Day trading Nifty & Banknifty Futures

Dear ST

A trader can make at all times money if he is now trading different markets like commodities/currencies/indices/bonds. Here your post is, at least to me, a bit confusing as if there is no action in one market we just chance to an other market.

Take care / Dan :)
Meant that in such wonderful markets if a trader cannot make money then he needs to take a hard look at his trading.

In India we have limited choice of the markets. But some market on some timeframe will always be trending.

ST
 

sudoku1

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

Not aware of his averages but he is more known for RSI,ADX,ATR and many indicators and also Delta society. Delta society I had tried to go deep but was not very successful as it is kept under wraps....

ST
The standard exponential moving averageformula converts the time period to a fraction using the formula EMA% = 2/(n + 1) where n is the number of days. For example, the EMA% for 14 days is 2/(14 days +1) = 13.3%. Wilder, however, uses an EMA% of 1/14 which equals 7.1%. This equates to a 27-day exponential moving averageusing the standard formula.
 

nirav_j

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

ST bhai,

NS recorded a TD Combo 7 today under recycle setup and a 11 under non re cycle setup.

Which one do you consider for taking a positional short ?

I used eye ball mk1 and with that the non recycle setup gave pretty accurate signals over the last year as far as a turning point is concerned.

Would appreciate your input on how you would trade it.
 
re: Day trading Nifty & Banknifty Futures

ST bhai,

NS recorded a TD Combo 7 today under recycle setup and a 11 under non re cycle setup.

Which one do you consider for taking a positional short ?

I used eye ball mk1 and with that the non recycle setup gave pretty accurate signals over the last year as far as a turning point is concerned.

Would appreciate your input on how you would trade it.

I am inclined to use non recycle counts.

ST
 

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