Nifty Futures Trading Part 2 (Positional)

[praveen taneja]

Bro L2T hope one day you will b able to bring back czar and satyajit da like there charts really this thread cry for them with our hearts.sad to lose so nice persons

 

[param777]

Could somebody clear my doubt on Glenmark?

 

[pkamalesh]

 

[columbus]

2900 appears to be a good resistance level.Let see if it is broken tomorrow.Since last 14 trading sessions it closed
below that level.

 

[pkamalesh]

bhai...do u think wel get so far...with US markets down??

 

[pkamalesh]

Could somebody clear my doubt on Glenmark?

 

[praveen taneja]

Kammy can you post ur view on RIL please?????????

 

[dumdum20008]

Hi,

10-min OR (2767-2781) , 14 points
A ups at 2791 ( 10 points)
Long initiated @ 2805 after validation.
Long exited @ 2818.
[will post chart after market]

 

[dumdum20008]

hi,
ACD on NF for 30 Jan.
Since last friday ACD entries were tradeable on all day.
Alex, today new settelment started, shouldn't i start a separate thread for testing/paper-trading/real of ACD system for whole month of feb ?
Only thing im missing is a proper trailing stop loss( apart from initial given by ACD OR) for profit and suitable exit. As its clear, nifty points from ACD entry to ACD OR stop loss are around 25-35 points, so a favourable risk-reward ratio of atleast 1:1 should be there, but instead im exiting as per my regular trading by capturing 10-15 points. there is still a max. of 65-75% of ATR left after (OR+-10 points), from which 30-35% ATR can be transformed in to profit. What you say?

 

[orderflow13]

yes dumdum new thread for acd method is a good idea, i am in mid of the fisher book ' the logical trader ' author also hinted various adjustments as per market conditions like short the market near upper range when market is in range etc..i am sure in ur journey u can fine tune it with our market condition.
Trailing stop losses wd be figure out if u consider the visual pivots, if those stoplosses r big for u then how about trailing the stop equivalent to range? also there is one good method which alexander elder uses ' safe zone stops ' its there in afl library.
p.s. in day trading what i experienced is no indicator is reliable.I am interested in trading acd for positional/swing trades, there indicators wd be helpful.