Nifty Futures Trading Part 2 (Positional)

[dumdum20008]

I see there are so many members just giving thanks to the posts of few members. I donot know why they keep themselve silent watcher of posts. I request all of u to post ur views / comments so that we may learn from u something.

I declare as like as Czar that, I also belong to the illiterate people group. If I can have courage to post here (being illiterate to sea of technical analysis knowledge), what may be the reason of not posting any views or comment here ?

If u donot do that, this thread will also be a tipstar thread. The motive of the thread will not be satisfied. pkamalesh started posting a few days back and see how he is improving his postings.

It is not the thread for showing the knowledge of Czar, Alex, Sunil or me. There would have no requirement of posting the views / charts / comments / jokes by Czar, Alex, Sunil or me, we could do our trade individually. We are sharing here so that we can learn something from the others. So silent members, why donot u participate ?

I am posting in the view of trendline only. I try my best to cover the aspects and behaviour of trendline in different situations. Alex is trying with his indicators explaining the different perspective. I know there are so many silent members who r doing with Elliot, pattern, other indicators. Please expose ur analogy so that we can also view the behaviour of other indicators etc in different situations.

I think the thread starter Czar will agree with me.

sad satda u forget to mention my name. Im still on learning path via TA rout, and honestly, u believe i still own bleeding -3650 PE and -3750 PE even u hinted of such a fall. But u spoke trendline and i was bussy in my Bollinger Bands opportunity to cover losses by above put writing, simply going long on friday.
With your saying " if we close below 3975 this month ( sep ) the patal is the limit" i m a big silent fan of you, however i didnt short at that time. reason being --- im still on learning path and my trades are still decided by my old trading style.
Hope you people help me to figure out a perpeptual kind of trading system via TA rout as i do in layman style.

 

[columbus]

I see there are so many members just giving thanks to the posts of few members. I donot know why they keep themselve silent watcher of posts. I request all of u to post ur views / comments so that we may learn from u something.

I declare as like as Czar that, I also belong to the illiterate people group. If I can have courage to post here (being illiterate to sea of technical analysis knowledge), what may be the reason of not posting any views or comment here ?

If u donot do that, this thread will also be a tipstar thread. The motive of the thread will not be satisfied. pkamalesh started posting a few days back and see how he is improving his postings.

It is not the thread for showing the knowledge of Czar, Alex, Sunil or me. There would have no requirement of posting the views / charts / comments / jokes by Czar, Alex, Sunil or me, we could do our trade individually. We are sharing here so that we can learn something from the others. So silent members, why donot u participate ?

I am posting in the view of trendline only. I try my best to cover the aspects and behaviour of trendline in different situations. Alex is trying with his indicators explaining the different perspective. I know there are so many silent members who r doing with Elliot, pattern, other indicators. Please expose ur analogy so that we can also view the behaviour of other indicators etc in different situations.

I think the thread starter Czar will agree with me.

The best way to improve your trading skills is to partcipate in debates.

 

[mitasatyajit]

Dear Satyajit Da,

There are many people like me, who are not as gifted as you guys. Still we make it a point to read every post here. Honestly most of the posts go above our heads. That doesn't deter us from reading, with a hope that a day will come when we can understand these.

Surely we are not here to do wah wah giri to you learned gentlemen nor are we here waiting for tips. You have the right to throw out, the non participating dumb guys like me.

No offence meant. My apologies if you find any.

Cheers

My question is : Do u trade nifty ?

If yes : In which method do u trade. What system / indicator/s u r using. Is there any difficulty to show the above ?

If No : When do u planning to start ur first trade ? What is the obstacle for which u r not trading ? If u have to start ur first trade, which process will u follow ?

U have told that u r not understanding so many posts. In my case, is there any difficulty to understand trendline technique ? If yes, why donot u ask ? U can also come to the "sharing thread" if u have any difficulty in understanding something about line baba.

I didn't want to hurt u in anyway, I just want to say u that I am a poor begger of knowledge. I have nothing to give u except my small experience I gained from stock market. I beg u to share ur knowledge and experience, so that I can have something from u.

At least share ur success or failure experience here, so that we also have that experience from u.

 

[learn2trade08]

there is a gap at 5730 on the weekly's,which really bothers me......if we take last weeks lows as bottoms we will definitely reach there as it is close to 78% retracement...but again i am a novice and only czar or satyajit sir or any senior boarder or elliotician can help me out...
often it has been mentioned that this could be the 4 th wave but can anyone specify as to what is the max the 4 th wave can go,coz we also have a h&s with neckline at 3770,which needs to be retested...
as always senior's guide and we follow...

 

[Czar]

I think the thread starter Czar will agree with me.

Completely agree with you SatDa, infact several times during this thread also I mentioned for the guys to come out with whatever different views or contradictions they can throw at everyone, the sole purpose was to have multi facet views... Please guys I can see approx 75,000 views of this thread, dont tell me its just us guys posting who have viewed.... you dont need to be an expert , In fact I too as said many times am no pro in any section , jack of all... its just that if more views are posted we can have more debate / analysis & thus have more accuracy..

Now see, mixing TLs with indicators is really helping & + we mix swing also in our analysis, the more we add the more better... also someone posting a different view will always find someone else having similar view & will come out to confirm it...

Last but not the least if this continues without participation, Me SatDA alex Sunil L2T Devang, etc can surely find a private spot to discuss instead of being used for tips...

 

[Czar]

czar....did u forget me???
i am still waiting...got lots to clarify from u...

What my friend ?

 

[mitasatyajit]

sad satda u forget to mention my name. Im still on learning path via TA rout, and honestly, u believe i still own bleeding -3650 PE and -3750 PE even u hinted of such a fall. But u spoke trendline and i was bussy in my Bollinger Bands opportunity to cover losses by above put writing, simply going long on friday.
With your saying " if we close below 3975 this month ( sep ) the patal is the limit" i m a big silent fan of you, however i didnt short at that time. reason being --- im still on learning path and my trades are still decided by my old trading style.
Hope you people help me to figure out a perpeptual kind of trading system via TA rout as i do in layman style.

Oh I am sorry. Forgive and forget. But ur posting is of very limited numbers. Please try to post more.

 

[pkamalesh]

satda..when i post a chart its too smalll...donno y..but ur chrt llooks big..how is it done???

 

[Czar]

there is a gap at 5730 on the weekly's,which really bothers me......if we take last weeks lows as bottoms we will definitely reach there as it is close to 78% retracement...but again i am a novice and only czar or satyajit sir or any senior boarder or elliotician can help me out...
often it has been mentioned that this could be the 4 th wave but can anyone specify as to what is the max the 4 th wave can go,coz we also have a h&s with neckline at 3770,which needs to be retested...
as always senior's guide and we follow...

Ahh my friend dont make the mistake I have made... dont try to look ahead, be with the market... 57xx will need long time & lot of moves & months so better ignore it right now...

3770: 3772 there is a weekly gap & mostly nifty is heading for that..... regarding waves know too little to even attempt to guide, maybe some else can help...

My question is : Do u trade nifty ?

At least share ur success or failure experience here, so that we also have that experience from u.

Very true, sometimes discussing a loosing system / strategy helps more by discussing it...

 

[mitasatyajit]

satda..when i post a chart its too smalll...donno y..but ur chrt llooks big..how is it done???

While uploading to imageshack, resize the image to 17-19 inch monitor size. It will become bigger.