Nifty Futures Trading Part 2 (Positional)

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pkamalesh

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Kamalesh we to have take 0-1 amplitude first and then calculate 1.618 as we r not getting next waves, as soon it brks that tgt u came up from 0-1 instead of that we have to calculate 0-3 * .618. these r both 5th wave projections... and we have to work on that.... i'll request u to go by that book. please. it'll give u much better understanding.
ohh ok...was checking with the book you gave me..i suppose i misread it..thanx for all the help dude
 

pkamalesh

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satyam...dow climbed up to 172....kya hoga apna nifty ka..but from what ive observed..the hanseng sensex relation...whenever hanseng falls more than 1400 which it did the last 2 days..it picks up 600 points the next day and sensex relates to it by jumping abt 300 points...lets see toorrow...no negative news as of now for us....
 

satyamsit

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satyam...dow climbed up to 172....kya hoga apna nifty ka..but from what ive observed..the hanseng sensex relation...whenever hanseng falls more than 1400 which it did the last 2 days..it picks up 600 points the next day and sensex relates to it by jumping abt 300 points...lets see toorrow...no negative news as of now for us....
Kamalesh yes it can be true, but let us see charts and understand, nothing else. it'll tell us everything. its the compilation and a mirror image of every actions and non-actions taken by every trader , whoever it is, as a mass effect. let us concentrate on that, if we can do it honestly, it'll reward, nothing matters... cheers!!!
 

orderflow13

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grat learning kamlesh .. gone with the full book, as elliot wave and fib is very big subject, lots of variations sub variations and it comes almost to the part that some one not understood it properly can attach his subjective aliment to it.He will see elliot pattern bullish if he is long on market etc.... interesting subject and u will get good numbers in behavioral finance too .... lol..
 
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