Nifty Futures Trading Part 2 (Positional)

[bala281]

hi all

There is a simple rule to get twenty points every day
1. check for high and low of every day from 9.55 to 10.30 possibly upto 10.40 am
2. After you get this if the nifty spot and futures moved above the high between you will get twenty points for sure. you stop loss is the low before 10.40 am. If it hits the SL then short from the same point ( you will get all you have lost ) . you will never loose a single trade.
3. If the nifty goes below the low, then short it you will get twenty points.SL is the high before 10.40
4. Check for all the days yesterday was the only day it didn't work for last 6 months.
5. If it doesn't go above, don't trade
6. Always enter the trade after 10.40 only
7. try all day chart. you will find this

ENJOY !!!!


BALA

 

[pkamalesh]

Cool strat bala...so the market gifts 20 points this way every day...good...rumba nandri

 

[dumdum20008]

hi,
Short straddle with strike 2800, performence continued...

22-01-2009(thu)
------------
[CE(2800)+PE(2800)] credit = 19+133=152
NF = 2684
Vix = Not yet available on NSE, possibly same as previous.

[short straddle are subjected to adverse risk of high crash as in jan-2008 and oct-2008.]

 

[the tape]

hi all

There is a simple rule to get twenty points every day
1. check for high and low of every day from 9.55 to 10.30 possibly upto 10.40 am
2. After you get this if the nifty spot and futures moved above the high between you will get twenty points for sure. you stop loss is the low before 10.40 am. If it hits the SL then short from the same point ( you will get all you have lost ) . you will never loose a single trade.
3. If the nifty goes below the low, then short it you will get twenty points.SL is the high before 10.40
4. Check for all the days yesterday was the only day it didn't work for last 6 months.
5. If it doesn't go above, don't trade
6. Always enter the trade after 10.40 only
7. try all day chart. you will find this

ENJOY !!!!


BALA

You are the man !

 

[orderflow13]

In above chart oi pcr gone below 0.80 first time after oct at that time within few days we tested 2200 nifty levels.
adx is rising up & now its above 20 ( not posted the chart ) it means market going to be in a trend ( which is down ) sooner than later, at such times i prefer to stay away or hedge my written options.
VIX is showing no signs of cooling off, adx of vix never gone below 25 & currently its on 30 and vix's trend is up
so buckle up guys & keep an eye on saint's flow threads it seems to be the flavor of winter/autumn as there wd be less whipsaws and most would be one way moves

 

[orderflow13]

I was looking at 10 most active contracts of nifty and amazed to see dec 09 series 2500 pe & 3000 ce in the list !!
first thing is though nse introduced leap options ( far month options ) its very rare to find liquidity out there ( look at the bid ask spread ) and amid this there been 2 lk o.i. in those options is quite interesting , its clearly pre decided bulk trade, as one party decides to buy n other party decides to sell.
I dont look much in to this information but there must be group of big guys who betting on range market ( though it may go beyond 3000 & 2500 with intrayear but betting on year end closing )

 

[rishig38]

In above chart oi pcr gone below 0.80 first time after oct at that time within few days we tested 2200 nifty levels.

Alex, thank you so much for the very informative post...but had a question regarding the time frame of within few days...after looking at your charts, it seems that when oi pcr went below in 0.80 in oct, it took a week or so before we tested the lows...

any way, you can quantify the price vs. oi pcr vs. time frame when oi pcr first went down below 0.80 in oct? all im trying to get to is that how long should i hold onto my shorts before we actually get into a free fall like oct, if the situtation actually arrives...

 

[pkamalesh]

hey rishi sorry man...saw ur offlines...was busy in the other room on ma laptop workin on a project....excuse offtopic

 

[pra]

Dear friends

In this current market scenario i don't want to bet on short side because market is now higly oversold, positive divergence on daily chart against ROC (reliable indicator) & primary school knowledge when everybody bearish go to the market to take long position for quick return.

Happy trading

pra

 

[dumdum20008]

Hi, kammy
how u got candle chart in tradetiger?
on my friends tradetiger it only display line chart,(in eod and intraday both)
here seems no settings for candlistic.