Nifty Futures Trading

[uasish]

OK if most of the members prefer we can also try out the Longer Time Frame.

 

[Czar]

Dada most members here & young & greedy, dont realize the importance of your scalps (that includes me too) but each should follows what makes money for them...

 

[renu daga]

hehehhe
good everyone ,, good not do,,except me,,,bought at 4507..and 4518...hehe

renu
i could not keep laughing...and sold at 4838....that wsa my mistake

 

[Sunil]

i think i'll have to learn this from asish da...
TRADING DURING "ACTIVE" HOURS....

i have noticed that mostly, these r the 3 time zones when momentum exists in a particular direction:

1. 10:00 to 11:00 (opening)
2. 11:45 to 12:45 (asia reopening & EU opening)
3. 2:00 to 3:15 (closing)

this is meant for intraday swing trades... where a directional momentum is required...

 

[uasish]

For Scalping the Set-Up & consideration is different than Positional Trading,which again requires different set up & consideration.
We can scalp 4-5 times for 10 -15 points OR we can sit tight with a Positional Trade,which infact will be in the Mkt most of the time hence the gain/loss are decided by set up / condition change only.

 

[Sunil]

OK if most of the members prefer we can also try out the Longer Time Frame.

yes da, i would atleast prefer some guidance on what is the trend as per 60 min, and what should be the SL...
PLEASE...

 

[Czar]

sunil there's already a thread going by 60 mins

 

[rajaram.dilipkumar]

bearish wedge became cup and handle in 60 min....

 

[Sunil]

but isn't this strange... correction was expected yesterday & today too... but not much downside was seen...
doesn't this speak something about strength of bulls...

(though personally, as i said before, i would welcome a correction till around 4450/30 for overall good health of nifty's bulls)

 

[musicjunkie]

Tsunil : For 60min we are short @ 4503 and
SL for shorts @ 4614....lets see how this pans out