Day Trading Stocks & Futures

[starscream]

re: Day trading Nifty & Banknifty Futures

Any reason you moved from 1min to 5min charts?

to gain sanity.

on 30th july after the sudden rally when i exited my longs before the boom, mind got twisted and took 3 positions when risk was more than 10 points.
lost all 3 .
so decided to stick to LTF till my control is back.

 

[starscream]

re: Day trading Nifty & Banknifty Futures

can you post your todays trade?

The name of the books is:

Candlesticks, Fibonacci, and Chart Pattern Trading Tools: A Synergistic Strategy to Enhance Profits and Reduce Risk
By Robert Fischer, Jens Fischer
Publisher: Wiley (August 14, 2003)

Search google to find, PDF is easily available.

----------
I am saying it again you can make huge profit (big points) with fibo retracement and pattern recognsition system. You don't need any other other indicators.

But fibo pattern recognition needs time & experience, it come with years of live trading with same method. That book has all required material, we just need to apply it correctly.

I am successfully trading with fibo pattern recognition method for years. Today also got 100+ points in NF. Recognition patterns is easy when you used to it.

Hummingbirds uses pattern recognition system to find right flowers with such small brains. We have much powerful brains. Average humanbeing uses only 2% of it. Believe me we can recognize pasterns more accurately than Hummingbirds. We just need practice.

Best Wishes.
Happy Trading.

H.C.

 

[chhota_bheem]

re: Day trading Nifty & Banknifty Futures

simply because i dont watch monitor cont.
if i am scalping i cant leave screen and market depth.
if i am doing 5 mins. then i watch the screen every 15 mins or so.
also doing ambush which means on shorting i just trail pivot highs. :thumb:

Well done sir.... sir can you share the Ambush method you r trading sir. Not able to find in traderji. Thanku sir

 

[kiran_thiru]

re: Day trading Nifty & Banknifty Futures

simply because i dont watch monitor cont.
if i am scalping i cant leave screen and market depth.
if i am doing 5 mins. then i watch the screen every 15 mins or so.
also doing ambush which means on shorting i just trail pivot highs. :thumb:

ok got it. i think when you enter a trade with clear entry with stoploss, you places stoploss initially and don't watch the screen till 10 minutes. after you check the charts and redefine stop loss.
:thumb::thumb::thumb:

if i want to get this skill, i have more practice and patience.

 

[chhota_bheem]

re: Day trading Nifty & Banknifty Futures

Bulls ko to lag gayi...
Black magic of fibo 61.8 retracement.

Trading is simple when have the experience with 'Fibonacci pattern Recognition'.

I already gave the best book on 'fibonacci pattern recognition' here.
If anyone interested in that book, back track my post from this ID, there is name of that book 'fibonacci pattern recognition' with downloadable link.
Those who downloaded it, read it and try to remember the patterns. The secret is remembering the patterns and identify it quickly.

Best Wishes.
Happy Trading.



H.C.

Sir i not able to see 61.8 fib retracement in today chart. Please post your chart with the fib. Thanku sir

 

[HEM]

re: Day trading Nifty & Banknifty Futures

Bulls ko to lag gayi...
Black magic of fibo 61.8 retracement.

Trading is simple when have the experience with 'Fibonacci pattern Recognition'.

I already gave the best book on 'fibonacci pattern recognition' here.
If anyone interested in that book, back track my post from this ID, there is name of that book 'fibonacci pattern recognition' with downloadable link.
Those who downloaded it, read it and try to remember the patterns. The secret is remembering the patterns and identify it quickly.

Best Wishes.
Happy Trading.



H.C.

One more reason for Nifty fall :-


Look at NF /nifty spot chart...... BO (of swing high of 8 july 2014) on 24 july 2014 and then BOF on 25 july.....then i took my swing short trade........ short ( August contract) at the closing of 25 july and added on 28 july............ covered 1/2 today at 7621 and still holding rest 1/2.....






HEM

 

[Jai Mata Di]

re: Day trading Nifty & Banknifty Futures

can you post your todays trade?

Sorry dear, I cant. I don't want to loose my mental peace of mind anymore.
Last time I posted my trades live to teach friends here that how to use pattern recognition system. After got 100 points live intraday. I some jealous one called me a tips star, some one asked about my bank balance. :rofl:
Moderator can only delete such post later but you lose peace of mind and too after trying to helping others. :lol:

When some good trader teach through seminar (the broker can easily recognize your potential) arranged by brokers they got tremendous respect. But in open forums you got disturbance of peace of mind. Still we try to help some friends here.

Morale: When you are trading very good(U , don't post your trades to teach others. Concentrate on your trades. Become a billionaire. Then teach with seminars at later age, you will be a star. No need to teach others when at 30s (specially at open forums). Still I tried my best.

Best Wishes.
Happy Trading.

H.C.

 

[augubhai]

re: Day trading Nifty & Banknifty Futures

simply because i dont watch monitor cont.
if i am scalping i cant leave screen and market depth.
if i am doing 5 mins. then i watch the screen every 15 mins or so.
also doing ambush which means on shorting i just trail pivot highs. :thumb:

Almost the same setup as mine.

I have a lot of other clutter on my desk, but I don't have the spoon and the mouse.... :lol:

 

[Jai Mata Di]

re: Day trading Nifty & Banknifty Futures

Sir i not able to see 61.8 fib retracement in today chart. Please post your chart with the fib. Thanku sir

It was continuation of my previous days comments. Probable Down Trend started yesterday when nifty retraced exactly near 61.8% (near previous day high and wed days closing) of the last swing. Please see my previous yesterdays comments to see the whole picture.

Happy Trading.

H.C.

 

[chhota_bheem]

re: Day trading Nifty & Banknifty Futures

Sorry dear, I cant. I don't want to loose my mental peace of mind anymore.
Last time I posted my trades live to teach friends here that how to use pattern recognition system. After got 100 points live intraday. I some jealous one called me a tips star, some one asked about my bank balance. :rofl:
Moderator can only delete such post later but you lose peace of mind and too after trying to helping others. :lol:

When some good trader teach through seminar (the broker can easily recognize your potential) arranged by brokers they got tremendous respect. But in open forums you got disturbance of peace of mind. Still we try to help some friends here.

Morale: When you are trading very good(U , don't post your trades to teach others. Concentrate on your trades. Become a billionaire. Then teach with seminars at later age, you will be a star. No need to teach others when at 30s (specially at open forums). Still I tried my best.

Best Wishes.
Happy Trading.

H.C.

Sir but us say that fib is good. You teaching us but if post chat will be nice. You dont have to post trde. Only show us where and how you recognized fibb in today chart. Thanku sir..god bless