Nifty Futures Trading Part 2 (Positional)

[mitasatyajit]

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

& i become night stalker n u watcher

And I am nowhere.

 

[Czar]

lol da, that was too much

this is good , trade in the day & smile in the night

 

[renu daga]

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.

nifty will surely cross these hurdle swith smiling face to kiss,,,3560
renu
i think..i posted long back in one tnread...were my nifty tgt was 3200...and when it bounced from 3750 i thought,,,my tgts... vanished and the theory behind too!!
then after 4350 ,,,i loked for upper tgs,,4850 and after break,,, of teh suport line.3980 which will gladly do,,, it will surely come 3200

reason,,descending triangle was observed....which is teh worst pattern and i try to stay awayfrom it.
and teh same was in tisco,,,,and see what tisco is,,
for..tisco clearly menioned break of 575,,,,will lead to,,,!!

renu

 

[ruchi_gupta]

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

Hi alex, reading ur posts,ur charts are very clear and no overstatement attached to it,as we saw everwhere.
Matter of factly I was in a forex trade,and the average directional indicator which you uses,i also used it.I saw your few posts about $euro pair on crude thread.My qs is,why you not using any indicater related with volume? all are prise relative indicators?as volume is lot more importent. with Nifty I havent found volume bars.
And I really liked those smileys all ovr in this thread .one of many uniqueness of this thread.Thanks to czar for such a good thread.I will try to post my Nifty charts here as i am new to this site,trying to figure out how to do it.

 

[ruchi_gupta]

nifty will surely cross these hurdle swith smiling face to kiss,,,3560
renu
i think..i posted long back in one tnread...were my nifty tgt was 3200...and when it bounced from 3750 i thought,,,my tgts... vanished and the theory behind too!!
then after 4350 ,,,i loked for upper tgs,,4850 and after break,,, of teh suport line.3980 which will gladly do,,, it will surely come 3200

reason,,descending triangle was observed....which is teh worst pattern and i try to stay awayfrom it.
and teh same was in tisco,,,,and see what tisco is,,
for..tisco clearly menioned break of 575,,,,will lead to,,,!!

renu

Glad to know I am not the only girl here.Can you post your chart Renu?Are you talking about the trangle which tangiate at 5200?

 

[orderflow13]

its my job to push

lol da, that was too much

Mannnn thread is getting so lively .. :hahaha,feeling like i am speaking face to face ..
p.s. czar having tough competition from satda .... no predictions yet, as no indicator turn green .

 

[mitasatyajit]

Hi alex, reading ur posts,ur charts are very clear and no overstatement attached to it,as we saw everwhere.
Matter of factly I was in a forex trade,and the average directional indicator which you uses,i also used it.I saw your few posts about $euro pair on crude thread.My qs is,why you not using any indicater related with volume? all are prise relative indicators?as volume is lot more importent. with Nifty I havent found volume bars.
And I really liked those smileys all ovr in this thread .one of many uniqueness of this thread.Thanks to czar for such a good thread.I will try to post my Nifty charts here as i am new to this site,trying to figure out how to do it.

http://www.traderji.com/announcements/22138-how-post-chart-image-traderji-com-new-post.html

U can see this link.

 

[orderflow13]

nifty will surely cross these hurdle swith smiling face to kiss,,,3560
renu
i think..i posted long back in one tnread...were my nifty tgt was 3200...and when it bounced from 3750 i thought,,,my tgts... vanished and the theory behind too!!
then after 4350 ,,,i loked for upper tgs,,4850 and after break,,, of teh suport line.3980 which will gladly do,,, it will surely come 3200

reason,,descending triangle was observed....which is teh worst pattern and i try to stay awayfrom it.
and teh same was in tisco,,,,and see what tisco is,,
for..tisco clearly menioned break of 575,,,,will lead to,,,!!

renu

Seems to be apparent but who knows? getting in to extremity,n next day we prove wrong.....one trader frnd saying we will be in 5th n final wave of elliot wave pattern, n somewhere read that elliot waves make triangle pattern before emerge in to 5th wave.that might be your trangle ..

 

[ruchi_gupta]

http://www.traderji.com/announcements/22138-how-post-chart-image-traderji-com-new-post.html

U can see this link.

Sorry but not getting the clue? tried two three times,is it something to do with Imageshack?

 

[Czar]

Please ruchi & other friends, This is my dream, to form a group of guys / gals & combine all knowledge, like Alex mentions a team, our own team, with each having their own specialty, ofcourse I personally am Jack of all & master of none but I see lot of you guys are master of their particular skilled reading, The Invincible Thread... I feel Bad as I wish the Mod could make it a joint holder thread (cause I alone can never dream of taking credit of this thread)... cheers

to all you guys, I have not mentioned but really appreciate your work & jokes & everything...

A Heartfelt

to you guys...