Nifty Future 5min Ambush Style-Live

[jamit_05]

Bulls or bears... one of them will be badly squeezed... so be sure to catch that swift move wherever it happens... Good luck.

 

[columbus]

is anyone short ? i m short....with one lot...

Shut shop for today !!!!!!!

 

[jamit_05]

is anyone short ? i m short....with one lot...

went long @ 59 with a very small stop.... lets c how it unfolds.

 

[rajendrani]

Hello Rajendran,

It is your greatness that you are praising me like this. I am really honoured. I am too shy to talk about these trading methods. I still feel lagging too much behind everyone of you. Still learning and like to watch your charts and methods here which are very helpful for a novice like me.

You are great and doing very well.

Thanks again for your words.

Regards
Chachi

you deserve it buddy, Novice and you Anyways thank you

There was one more member cooltetra, dont know where he is now, he had his thread named coolworks, simply amazing work by him.

 

[chachi]

you deserve it buddy, Novice and you Anyways thank you

There was one more member cooltetra, dont know where he is now, he had his thread named coolworks, simply amazing work by him.

Dear Rajendran,

Yes I call myself novice. Trading is a passion for me (Small time trader of course). Traderji helps my life kicking. I am still under some loss since started trading. I am identifying my weaknesses. I am in a stage where I almost know my weaknesses. Yet to find methods to combat them.

Still struggling to find suitable methods for me. Going thru all the threads here. Some of the methods fly over my head. I am not that good to pick many of them. Your methods have given me a new life.

I am trying to follow these Ambush style. Fascinated by its simplicity. Hope to pick it for my trades.

The way many of you people grow here is awesome. Hats of to you, ankit, hitesh and many others here.

Whenever I feel confident of putting some......questions.... I will.

Thanks.

I have learnt a lot from this wonderful forum and whenever I could do something to give back, I am trying to.

Regards
Chachi

 

[bharatk8]

Yes.True.I simply tried to elaborate it,will try to post charts after mkt. hours for further clarification on how to handle divergence properly.

Green symbols below candles denote +ve RSI divergences.Pl. note that price has continued southward journey even after RSI has reached so-called "over sold" area.

Failure swings of RSI, though very potent are (strangely) not taken into consideration due to ignorance.Green/Red color candles on chart indicate +ve failure swing and -ve failure swing respectively.

 

[dare2]

Green symbols below candles denote +ve RSI divergences.Pl. note that price has continued southward journey even after RSI has reached so-called "over sold" area.

Failure swings of RSI, though very potent are (strangely) not taken into consideration due to ignorance.Green/Red color candles on chart indicate +ve failure swing and -ve failure swing respectively.

true.. but the RSI in higher time frames might be between 50 and 40.. as was explained by harsh before, i tried comparing 5min tf and 30min tf.. found something important.. in 5min tf candles followed the trendlines and pattern but the candles also obey the 30min trendlines.. after breakout of trendlines in the 5min tf there was a decline.. but the decline was till it touched the 30min tf trendline.. after touching that it rose-up again.. i fellt resistance and support levels can be trusted from higher time frames.. (plz correct me if there is something wrong in my understanding).

P.S. couldn't post today.. was checking n re-checking some doubts.. also checked other websites n forums.. but found out that this forum is the best.. and this thread rocks.. :clap::clap:
will stick to this thread from now on..

good to see lots of veterans participating today.. hope to learn lots from u guys..
i've requested u all to post ur charts after the day trade.. cant find any.. :annoyed:
plz post ur day-trade charts from now on..

 

[rajendrani]

i've requested u all to post ur charts after the day trade.. cant find any.. :annoyed:
plz post ur day-trade charts from now on..

Why not start from you, please post the chart, if something is wrong, there are plenty around who will correct it, just asking is no good it wont be of any help. Do it yourself so that you understand things better.

Please take this post in positive way. When you do it yourself, you have to put in the effort to see the things in right way. Best of luck. Will be happy to see your chart.

Regards,
Rajendrani

 

[bharatk8]

true.. but the RSI in higher time frames might be between 50 and 40.. ..

See charts.RSI was not between 50 and 40 in higher TF.See chart posted in previous post, Can you figure out why +ve RSI divergence failed to "act"?

 

[ag_fx]

Good Morning Traders

Good Day