NIFTY 50 future TRENDS

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SavantGarde

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You are quite correct in your opinion....it is the same while somebody maybe short @ 5600 level and another Long at 5600 level....does it mean only one of them can profit... I am sure both can go home with profit....

Anyways ...this thread started by Sudoku1 is not about giving Calls..... all he does is updates some levels based on whatever calculation he has....

Just that a few days back...we had some discussion here about Market Structure and other stuff...not anything based on Technical Analysis...


SG

it matters. one guy trading the nifty on weekly will hv a large sl whereas a trader on the hourly charts will hv a relatively smaller sl. both might take entry at the same time but the hourly trader's sl might hit whereas the weekly sl will stay intact. to be honest i dun knw whiich tf ppl r trading over here. one guy say 4800 other guy says 6100
 

starscream

Well-Known Member
post # 2140 says that you were bullish for this week and ready to bet your farm as you said all resistances will be broken. but 100% opposite has happened.

and now you are giving squinting views about what you had said.

Think about the people who may have taken long positions thinking that assuming that you were in fact a genius, they must have killed their ledger.

no that may not bother you. you just want "look" right all the time even after this episode.
The only reason pros make money all the time. like jesse livermore during 1929 crash is that they believe in something which the world knows only after it has occured.
 

MurAtt

Well-Known Member
As of NOW ... what I see can be described in only one word ..

LONG

:D


PS: Pls do not trade on this one word BUT according to your systems & rules.
This is my observation BUT I am not trading this and also note that I've been proved wrong by the markets many a times earlier.

:D
 
Wow nice discussion my idea to short for sometime especially intraday at every high opportunity, why i choose to short: last 6-7 months at every high traded point volume increasing and majority stocks prices are going down my assumption is that it is pure sell off, in this scenario we cant short easily we need to enter only at higher point which means higher than previous close till we see a buying sign -Your opinion pls especially seniors like SG, Sudoku and others.
 

SavantGarde

Well-Known Member
Hi Essem,

I will take a raincheck.... While I do trade Intraday.... but not NF or BNF.. while trading in Stock futures are limited to only a handful.... which I have been trading for some months.....

On U.S. Debt Ceiling Drama...have posted somewhere that it will pass eventually....and the drama will go down to the wire..... just like it happened when passing the TARP resolution....


SG

Wow nice discussion my idea to short for sometime especially intraday at every high opportunity, why i choose to short: last 6-7 months at every high traded point volume increasing and majority stocks prices are going down my assumption is that it is pure sell off, in this scenario we cant short easily we need to enter only at higher point which means higher than previous close till we see a buying sign -Your opinion pls especially seniors like SG, Sudoku and others.
 
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