Day Trading Stocks & Futures

[Smart_trade]

re: Day trading Nifty & Banknifty Futures

Thanks. Another question: What makes one certain to take a trade. So many times pivots get broken only to pull back.

Lets see the scenario of even the HOD break @ 6266 at that time. Even that has possibilities of pull back and trap you.

So what other indicators add to the confirmation that yes its say 70% probability and now enter

Trying to broaden my learning here

Look for some base building sideways moves just before breakouts, higher bottom makes it better.

ST

 

[TraderRavi]

re: Day trading Nifty & Banknifty Futures

rAKha tha Re 14 POInt LosS

sl nai rakha tha kya??

 

[kthakker0]

re: Day trading Nifty & Banknifty Futures

This type of moves comes very rare .....so if your system not given trade its ok...its happen ..some methods given entry ....
as for as my method if it given a small pause abv --64 i would got opportunity to enter long ...so we can't make a rule to entries for this type moves always

Follow Fibonacci religiously (Any Time Frame: Intraday or EOD or Swing) and you'll be able to see the moves Beforehand that the market is going to make.

07/11/2013 Thursday

Hi,

Bought NF SL 6238 target 6270-6290

Bye

Bye

 

[jain.er]

re: Day trading Nifty & Banknifty Futures

Follow Fibonacci religiously (Any Time Frame: Intraday or EOD or Swing) and you'll be able to see the moves Beforehand that the market is going to make.




Bye

Do you have any charts for todays move; how Fib might have helped there

 

[Smart_trade]

re: Day trading Nifty & Banknifty Futures

Look for some base building sideways moves just before breakouts, higher bottom makes it better.

ST

This is why we need concentration and focus to see what each bar is doing / telling us. Each bar is a fight between bulls and bears. I shorted NF at 6260 in 10:25 bar and was expecting that it will come down to 6240 or lower. But it just failed to go below 6250 and I had to cover it at 6253. This was an alert that the buying is coming at lower end and the breakout above 6266 confirmed it.

Inspite of all that the breakout may fail...so if any bar closes below 6266 ( in the range ) just get out with a small loss of 4-5 points but it has a strong chance of succeeding and if you make 30-40 points risking 5-6 points, it makes a great trade.

Smart_trade

 

[kthakker0]

re: Day trading Nifty & Banknifty Futures

Do you have any charts for todays move; how Fib might have helped there

I don't have any charts as such.

I do all my fib calc in excel. And believe me it's very easy to do so. Get the EOD data or Intraday data and just punch it n u get the levels.

But almost all the charting software will give you Fibonacci feature and its a great help if you look at intraday charts.

Bye

 

[VJAY]

re: Day trading Nifty & Banknifty Futures

Ok ...whats the news for this upmove ?.....................

 

[Gandhar.]

re: Day trading Nifty & Banknifty Futures

second round beginning ??

 

[Gandhar.]

re: Day trading Nifty & Banknifty Futures

Ok ...whats the news for this upmove ?.....................

sm1 got bored with his shorts on

 

[timepass]

re: Day trading Nifty & Banknifty Futures

Movement ho to asi ho nahi to maza nahi ata. No trade in hand but loving the movement.

Abhi puts kab mazaa denge dekhte hain..