Nifty Futures Trading

[aca_trader]

Re: Time to Stick my Neck Out ,Nifty 7300

Hi asish can you please tel the SL level when you were long after 5 min bars high taken out and again when you reversed the trade then also what was SL levels

M not trading intraday but wil analyse about your gap trading method

Regards
Satya

For short, first 5-minute's high is stop and for long first 5-minute's low is stop. Trade must be reversed when the SL is hit as it would mean a pivotal breakout/breakdown.

 

[aca_trader]

Re: Time to Stick my Neck Out ,Nifty 7300

Sir i was talking about Spot nifty

We are on the same wavelength sir!
I am also talking about SPOT NIFTY which made a low of 4620.50 (As per NSE Data) on 10th March. Even ***** a captured 4622.15 on the said date.

 

[adilsaleem]

Re: Time to Stick my Neck Out ,Nifty 7300

We are on the same wavelength sir!
I am also talking about SPOT NIFTY which made a low of 4620.50 (As per NSE Data) on 10th March. Even ***** a captured 4622.15 on the said date.

I apologise sir , i was looking at hourly charts ...
Asian markets are getting thrashed .... will not go long now .... expecting a bad fall as soon as markets open

 

[uasish]

Re: Time to Stick my Neck Out ,Nifty 7300

Will be watching 4669.95 in Nifty Fut.

 

[Cactus]

Re: Time to Stick my Neck Out ,Nifty 7300

Asish,
Is it not some thing.........faltub written.......??

For short, first 5-minute's high is stop and for long first 5-minute's low is stop.

 

[aca_trader]

Re: Time to Stick my Neck Out ,Nifty 7300

Asish,
Is it not some thing.........faltub written.......??

It may be Cactus. Not my Discovery ofcourse. This is basically a 5-minute version of Opening Range Breakout (ORB).
Taught to me by my Guruji.

 

[Satyen]

Re: Time to Stick my Neck Out ,Nifty 7300

For short, first 5-minute's high is stop and for long first 5-minute's low is stop. Trade must be reversed when the SL is hit as it would mean a pivotal breakout/breakdown.

Thanks

Satya

 

[surekhajoshi30]

Re: Time to Stick my Neck Out ,Nifty 7300

Hello Everybody

 

[aca_trader]

Re: Time to Stick my Neck Out ,Nifty 7300

Will short below day's low with 4650 as stop if it materializes.

 

[aca_trader]

Re: Time to Stick my Neck Out ,Nifty 7300

Hello Everybody

Hi!

Welcome to the forum!

Regards,
--Ashish