Nifty Futures Trading

[orderflow13]

I found yesterday about some discussions on Sunil's Inside bar with Gap background & some observations going on that to inform us in future.
Also found Alex using Vix with his set up.
Maybe 2 good Set-Ups ,request both Sunil & Alex to give us more details like how to identify ,how to trade ,what would be the prudent Stop-Loss zone,etc etc.
Maybe in their suitable time.
Let us Learn from them.

sorry asish da,completely miss this post,i am all new to this forum thing

,still learning as its way different than *****,msn...it will help me immensely to fine tune my ideas with the help of senior like you

 

[orderflow13]

did any one see 4259 fut. high here?seems terminal orders..what i saw was 4227 fut.

 

[uasish]

No did not see anything above 4200

 

[Sunil]

More TSQs at open...
1st min bar (also 1st hourly bar) broke on downside, after gap up...

cheers to shorts

 

[Sunil]

No did not see anything above 4200

my charts show start from 4230...
i shorted at 4215, as i saw huge diff in spot's price + more TSQs...
profit booking signal
+ 4225 spot is neckline (of H&S) resistance

 

[Sunil]

cvrd most at 55...

 

[uasish]

Today i will not post my trades,in this kind of situations of massive Gap - Up ,i normally follow one of Saint's Advise to me few months back to short below Low of 1st 5 mins bar OR to Long above 1st 5 mins bar high.Stop at alternative extreme High / Low .

As today i could not see above 4200 hence 4200 should be the Stop.

 

[orderflow13]

yeh sunil same here i shorted at 4222 on open, but didnt see 4259

 

[tinchu76]

It is 4230 @ 9.55am on chart.

 

[Sunil]

as explained in asish da's new thread... check out low of FUT now 4151... went till 4171+...

these xx00 & xx50 (multiples of 50) are great RSR levels for scalping