Nifty Future 5min Ambush Style-Live

[ag_fx]

ankit bhai u may b ryt.. but i think in 5min tf dat hammer qualifies 2 b a GB..

I beg to differ for 2 reasons :

1) It is not a hammer
2) The essential condition of GB is the BB touch.

Thats my take on it..and as u said..I might be wrong as I myself have only read over it and not traded it

 

[Mangafreakz]

@Ankit
A proper Bullish Hammer wont have any Wicks at top , right?

 

[dare2]

I beg to differ for 2 reasons :

1) It is not a hammer
2) The essential condition of GB is the BB touch.

Thats my take on it..and as u said..I might be wrong as I myself have only read over it and not traded it

squared off wid marginal gains..

SOH now..

 

[ag_fx]

@Ankit
A proper Bullish Hammer wont have any Wicks at top , right?

Right...also, most powerful hammers occur at swing lows and inv hammers at swing highs..

But 5 min Tf is small and it is expected that there will be variations and thus these hammers cant be traded all alone and needs more of other analysis.

 

[pleaseharsh]

i m short on nifty....

 

[dare2]

Right...also, most powerful hammers occur at swing lows and inv hammers at swing highs..

But 5 min Tf is small and it is expected that there will be variations and thus these hammers cant be traded all alone and needs more of other analysis.

short triggered..

strong positive divergence in macd and rsi..

SAR 4555

 

[pleaseharsh]

short triggered..

strong positive divergence in macd and rsi..

SAR 4555

dare2 ...pls write the new post and dont edit the existing one to put yr new views.....as could be that the acknowledger could agree with prev view but not the current one...so pls write the new post for each view (unless some mistake being made on the current post)..
thankyou

 

[dare2]

dare2 ...pls write the new post and dont edit the existing one to put yr new views.....as could be that the acknowledger could agree with prev view but not the current one...so pls write the new post for each view (unless some mistake being made on the current post)..
thankyou

ok boss.....

 

[pleaseharsh]

ok boss.....

no boss yaar..i m just yr friend.....but i hope u understood my point of view/concern...

 

[dare2]

no boss yaar..i m just yr friend.....but i hope u understood my point of view/concern...

i said dat as a friendly gesture only.. har jagah dimaag mat lagaya karo..