Nifty Futures Trading Part 2 (Positional)

[orderflow13]

While posting the charts,s& p falling,Russian stock market been banned,no need of a rocket science to tell market will be down tomorrow.
But if we shut our eyes on news flow n like a good analyst focus on chart,it shows red everywhere,parabolic sar now getting steeper, as steeper the parabola,that greater the rally would be.Adx rising to 30 odd levels,now imp to see is whether it touches 40 and cross it, if it does, then fall will be very big,that will decide whether we hold old lows.Also the base of rsi is imp, how it will shape up.O.I P/C ratio on decline,its one of rare moments when oi.. manage on so low values,suggest extreme bearishness.VIX not peaked up yet,if it peaked then it will indicate wash out of weak hands who still holding there longs in hope.

 

[devangan123]

Ok everyone quite SaTDa tired after so much posting, went to sleep... for your effort Da

Actually we can not measure his efforts in numbers, Da's efforts are much more beyond numbers , and greater than even infinity ,

Hats off to ur efforts Dada and to you too Cazar , Only god knows when you sleep , i saw ur posts timing 3:00AM , and 8:00 Am , infact every time during day .

Regards
Devan

 

[columbus]

While posting the charts,s& p falling,Russian stock market been banned,no need of a rocket science to tell market will be down tomorrow.
But if we shut our eyes on news flow n like a good analyst focus on chart,it shows red everywhere,parabolic sar now getting steeper, as steeper the parabola,that greater the rally would be.Adx rising to 30 odd levels,now imp to see is whether it touches 40 and cross it, if it does, then fall will be very big,that will decide whether we hold old lows.Also the base of rsi is imp, how it will shape up.O.I P/C ratio on decline,its one of rare moments when oi.. manage on so low values,suggest extreme bearishness.VIX not peaked up yet,if it peaked then it will indicate wash out of weak hands who still holding there longs in hope.

Previously VIX used to more nervous in the first hour ,but nowadays this has shifted to last hour.

 

[orderflow13]

Previously VIX used to more nervous in the first hour ,but nowadays this has shifted to last hour.

Ehh slowly investors getting panic,but not yet completely.

 

[devangan123]

While posting the charts,s& p falling,Russian stock market been banned,no need of a rocket science to tell market will be down tomorrow.
But if we shut our eyes on news flow n like a good analyst focus on chart,it shows red everywhere,parabolic sar now getting steeper, as steeper the parabola,that greater the rally would be.Adx rising to 30 odd levels,now imp to see is whether it touches 40 and cross it, if it does, then fall will be very big,that will decide whether we hold old lows.Also the base of rsi is imp, how it will shape up.O.I P/C ratio on decline,its one of rare moments when oi.. manage on so low values,suggest extreme bearishness.VIX not peaked up yet,if it peaked then it will indicate wash out of weak hands who still holding there longs in hope.

Dear Alex

Can you share why do you use RSI 7 instead of 14 , because the shorter the smoothness lesser its accuracy , and according to RSI 14 its not came below 30 yet , its 37.66 but may come tomorrow below 30


Regards
Devan

 

[Czar]

Actually we can not measure his efforts in numbers, Da's efforts are much more beyond numbers , and greater than even infinity ,

Hats off to ur efforts Dada and to you too Cazar , Only god knows when you sleep , i saw ur posts timing 3:00AM , and 8:00 Am , infact every time during day .

Regards
Devan

lol that's cause Alex has made me the night watchman ... , thanks...

 

[orderflow13]

Dear Alex

Can you share why do you use RSI 7 instead of 14 , because the shorter the smoothness lesser its accuracy , and according to RSI 14 its not came below 30 yet , its 37.66 but may come tomorrow below 30


Regards
Devan

usually 14 rsi gives late signals for my test,so it wont make a logic to use a leading indicator which is giving me late signals.And as long as whipsaws and smoothness goes,as u saw there r lot of other indicators to reconfirm the views.
See its everybodys skill how to use the indicators.Sure using 14 rsi or15 rsi might give good signals to others and give no any signals to others.Its personal skill
Hope it helps
Alex

 

[Czar]

Very True, what Alex says is right, so many guys swear on the worthlessness of indicators, but those who use them know they are goldmine, but only thing is each and every user adjusts his mix & setup of indicators, whatever gives them results as per their trading style...

 

[orderflow13]

lol that's cause Alex has made me the night watchman ... , thanks...

All credicts and thanx goes to you,....you the one who pushed me in crude all alone

& i become night stalker n u watcher

 

[Czar]

All credicts and thanx goes to you,....you the one who pushed me in crude all alone

& i become night stalker n u watcher

its my job to push