Nifty Futures Trading Part 2 (Positional)

[columbus]

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

Simple !!!! on the small chart CLICK once again. Then it will ask Thumbnail YES or NO.You choose NO .(In imageShack only)

 

[Czar]

L2T: I was very long sighted b4 & mostly right but never made money from it... now all I want to know is the next 200/300 points of nifty & have become very short sighted, but it pays...

 

[devangan123]

One of my early days nifty set up

Break of 20 days low or high (20 days = 4 weeks, used weekly chart for clarity)


Devan

 

[rishig38]

Dow going nuts...in the midst of a furious rally...up 9% now and only 15 mins to market close...

 

[Czar]

I was jas listening to CNBC opening bell, Morgan fell 61 % last week & today at opening it was 61% up

ok Alex started his rounds...

 

[rishig38]

wow...dow up 800 points (9.50%)...simply amazing...this rally might last till the US elections before we come down crashing to retest the lows....

 

[Czar]

ya but I believe most of this rally has already been discounted by Asia, let's see tomorrow morning. We need a pullback on the daily atleast before going further..

 

[orderflow13]

L2T
about elliot wave u asked ( ur qs. how far 4 th wave allowed to go deeper )
i am not a expert of EW, knew few things here n there so do confirm with google ( trivia about EW ..... its not a stock market indicator, Mr elliot devised for analysing crowd behaviour but it feets the market)
4th wave must not fall below the 52 % fib/ replacement of total price movement of 3 rd wave ( fig. is 3250 for nifty )
p.s. i think u were absent last week when we had a discussion on EW along with chart, dig it in free time

 

[rishig38]

omg, dow up 10%...this is beyond crazy.....what stuff are they sniffing??

no stopping in sight...few minutes before close..it seems everyone is ramming it up...

 

[orderflow13]

ya but I believe most of this rally has already been discounted by Asia, let's see tomorrow morning. We need a pullback on the daily atleast before going further..

you steal my voice