Nifty Futures Trading

[Sunil]

Today's Pivot (as per classical formula) Fut 2972 coincided with the key Pivot high as per 5min chart Fut 2978
interesting

 

[jstraju]

Wishing you all a Happy & Sucessful 2009

 

[jstraju]

To Sunil,Vineet & other seniors,

Any body using Avg traded price or tick average in decision process as a filter or reference point etc,
I sometimes use it as a concurrence indicator for taking up spring trades or w trades (say price takes out previous lower low after setting up current low on higher side)
Backtesting is next to impossible because tickavg is dynamic through out the day,
Your views will be appreciated.
Thanks
Raju.

 

[myvineet]

sunil bhai .. any idea how we will move without any que today & dow closes too ?

 

[Sunil]

To Sunil,Vineet & other seniors,

Any body using Avg traded price or tick average in decision process as a filter or reference point etc,
I sometimes use it as a concurrence indicator for taking up spring trades or w trades (say price takes out previous lower low after setting up current low on higher side)
Backtesting is next to impossible because tickavg is dynamic through out the day,
Your views will be appreciated.
Thanks
Raju.

Asish Da had mentioned about how to use "average price" at open... something - i don't remember properly; maybe because it required Metastock for it... that's why, I missed it...

I use only RSI
Rahe Saath Iska
Rahu Saath Iske
Real Supporting Indicator
Romance Shaadi Ishq
Roshan Sada India
.
.

everything with RSI only
wish my name was R. S. Iyer - my ID would have been RSI (like a member of this forum)

 

[myvineet]

first of all ..don't put me equal to sunil bhai or other seniors..i am too small in front of them

no i didn't give it a try ..i am only using price action & RSI sometime

 

[Sunil]

sunil bhai .. any idea how we will move without any que today & dow closes too ?

what life with a small kid...
couldn't go anywhere last night..
have no other thing, that's why i m sitting on trading desk...

even if i get one small scalp, i'll switch off right away
just look at volumes..


even Ya h00 is on holiday... no SCO charts available/updating

 

[columbus]

Today's Pivot (as per classical formula) Fut 2972 coincided with the key Pivot high as per 5min chart Fut 2978
interesting

PIVOT as per TODAY'S data is 2986.(Current data at 10.45)

 

[myvineet]

what life with a small kid...
couldn't go anywhere last night..
have no other thing, that's why i m sitting on trading desk...

even if i get one small scalp, i'll switch off right away
just look at volumes..


even Ya h00 is on holiday... no SCO charts available/updating

i can under stand ur situation very well .me too going through same phase ..

it looks like 2990 takes place of 3010 today

 

[TrendPlayer]

Sunil: SCO is RSI(2) hope this helps!
Match RSI(2) EOD with SCO values