Nifty Futures Trading Part 2 (Positional)

[Czar]

& ofcourse me 2 though everything i do is mine fav

 

[orderflow13]

Me too a BA fan alex...love his summer of 69...can listen to that all day...

Me in the club too

& ofcourse me 2 though everything i do is mine fav

http://www.traderji.com/general-chit-chat/24384-chit-chat-thread-35.html

 

[sahaj_ahuja]

Nifty 5 min Elder Alexander set up, afl help Sahaj Ahuja ( also available in afl library )

help alex help, kalaa akshar bhes barabar

Elder use safe zone stops for avoiding stopped out in whipsaws.Its something like Saint's filter ( though i knew little about filter thing but idea seem to be same ). Elder Alexander calculates Safe zone stops using excel.Here that excel been converted in to formula language.How we use it in practice ? if we short ( based on our own system not this ) then we trail our stop loss using safe zone, until next price movement hit above our safe zone stops.Then we out.And after confirming long entry we trail our stops using safe zone for longs ( now safe zone for shorts is of no use, only look at sz for longs now ).. so on so forth.Hope it is clear.That blue, red bars are i thin Alex explained once.Those based on Elder's famous tripple screen system, it is not that useful in ay trade as its very lagg behind like other indicators in day trade, but i use it to add positions aggresively if i saw higher high blue bars.
Regards

 

[pkamalesh]

NIFTY FUTURES

Did some one eat those 100 points and get out????? Hope he dint exit or else my heart will shrink....

 

[pkamalesh]

sorry folks...forgot to cut the top portion...

 

[pkamalesh]

NIFTY FOR MONDAY

 

[pkamalesh]

 

[mitasatyajit]

 

[mitasatyajit]

 

[mitasatyajit]