Nifty Futures Trading

[orderflow13]

one note on macd ....
macd 5 min seems stretched from mean point... as a rubber band it has a tendency to move closer to mean value ... any crossover is a alert sign

 

[new2sm]

dbl bottom in spot and inv. h&s in FUT

Edit: Nope canceled. Was a perfect system and did fructify for some miles before the biggies changed their mind.

 

[new2sm]

3369.67 is second support for today and hopefully shud hold.

 

[Sunil]

the onus for bulls' strength now falls on SPOT 3465 & 3365

met with resistance at 3465,
now 3365 last chance

 

[new2sm]

3369 broken. but ritual dance is going on.

 

[learn2trade08]

arre yaar...have mercy on us traders please...
when we go long sat'da comes out with his resistance and we get stuck there...when we are short you come with your support and we are again held there...
bhai' have mercy on us traders....
..................................................
great job sunil/3360's definitely gave me some anxious moments...

met with resistance at 3465,
now 3365 last chance

 

[Sunil]

arre yaar...have mercy on us traders please...
when we go long sat'da comes out with his resistance and we get stuck there...when we are short you come with your support and we are again held there...
bhai' have mercy on us traders....
..................................................
great job sunil/3360's definitely gave me some anxious moments...

just to clarify L2T, since we u in the other thread too,:
i m using mini for flow trades & big fut for my scalping/intraday trades....

can't leave my real bread-n-butter for ANYTHING



check out 1min RSI when FUT was 3480+ in early trade.... above 70!!!
at that time, i was short with Big, & long with mini (as per flow)

 

[Sunil]

just check out today 1min RSI chart + consistent more TSQs....

as mentioned in Library, a good level to initiate short on rise is when RSI (14) goes above 55-60 + looking at left for resis level....

 

[uasish]

Yesterday we worked on LH LL situation & where ready with Shorts at Resistance.

To-day around 11.00 we decided to fig. out the Trend strenght of the Upsurge ,
by watching the Retracement of the Rise from 3450 (it went upto 3489.70) ,then in retracement when it breached the earlier resistance of 3473 (which was then supposed to be support) & even 3460,we could fig out that the Upswing to be a Trap.

Now plz find out on both the days did'nt it gave theoratically more than 100 points profit,with only 15 points Stop.

So Price's path is to be followed,it leaves certain clues.

This happens almost everyday the Clue part i am refering not 100 points daily,Daytrading is how we dissect the information from Price.

 

[learn2trade08]

dear sunil...
sincerely appreciate your reply...
today was a very special day for me in trading where i managed to cover up a hughe loss,and this was possible only due to the boarders of the 2 nifty boards who have unknowingly infused confidence in boarders/novice's like me...

hatts off 2 both nifty forum boarders...

just to clarify L2T, since we u in the other thread too,:
i m using mini for flow trades & big fut for my scalping/intraday trades....

can't leave my real bread-n-butter for ANYTHING



check out 1min RSI when FUT was 3480+ in early trade.... above 70!!!
at that time, i was short with Big, & long with mini (as per flow)