Nifty Futures Trading

[segul]

hi all,

coming down to lower timeframe one can see the exactness of these mp levels.

regards.

 

[devangan123]

the trailing stop for this apparent intraday HH HL pattern is FUT 4007

Sir in one minute chart, is it making WW

 

[Sunil]

Sir in one minute chart, is it making WW

sorry, no idea abt this...
maybe czar or L2T can help in this...

 

[devangan123]

sorry, no idea abt this...
maybe czar or L2T can help in this...

But Both of them went to bank after covering their Friday short position today morning , to en cash

 

[Sunil]

well, devan
u can catch them here dancing...

 

[learn2trade08]

dear dev...
i am a novice,probably no experience compard to you while trading...
the third and fourth wave are probably a couple/3 bars more than wave 1 and 2(Need to consult Darsh/czar/ashish'sir or any senior on this one),not sure if it makes not symmetrical...
2 nd is that break of trendline on 4 th wave(again some senior can answer)....
if these 2 hold good then i will be loosing money at opening coz i have 4100 calls which i am carrying overnight.....

 

[learn2trade08]

dear dev...
looks like it is infact a wolfe wave....
By starting with a top or bottom on the bar chart, we are assured of beginning our count on a new wave. This count is for a buy setup. We begin the count at a top. (The wave count would be reversed if we were starting at the bottom looking for a sell setup).
1. Number 2 wave is a top.
2. Number 3 wave is the bottom of a first decline.
3. Number 1 wave is the bottom prior to wave 2 (top). Point 3 must be lower than point 1.
4. Number 4 wave is the top of wave 3. The wave 4 point should be higher than the wave 1 bottom.
5. A trend line is drawn from point 1 to point 3. The extension of this line projects to the anticipated reversal point which we will call wave 5. this is the entry point for a ride to the EPA line (1 to 4).
6. The Estimated Price at Arrival (EPA) is the trend line drawn from points 1 to 4. This projects the anticipated price objective. Our initial stop is placed just beneath the newly formed reversal at point 5. It can then be quickly moved to breakeven.
There is this book by linda bradford,and there is no mention of symmetry in that book...infact none of her sample charts have symmetry and they have all breached the trend lines...
all the best!

 

[renu daga]

the trailing stop for this apparent intraday HH HL pattern is FUT 4007

sunil u ahve posted thsi at almost closing time,,, where teh game ha sfinished for intraday movements
now can u explain me,,after loking at teh charti think its around 4023
explain me how u take the levls of 4007

renu

 

[renu daga]

hi all,

coming down to lower timeframe one can see the exactness of these mp levels.

regards.

can we arrive to mkt profiel withpout nay software
for metastock
renu

 

[TFL]

sunil u ahve posted thsi at almost closing time,,, where teh game ha sfinished for intraday movements
now can u explain me,,after loking at teh charti think its around 4023
explain me how u take the levls of 4007

renu

renu,

Whats your/this thread's position now? Long or Short?
I brought 4100 call @ 110.

Thanks,
Hari