Nifty Futures Trading

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Re: Time to Stick my Neck Out ,Nifty 7300

Dear djsinha

Here are my trades as per KISS principle (Keep it Simple Sir)
Follow intraday trade on PIB
Attached chart shows my logic in sequence of events

Hope it helps

Ajax
Thanks Ajax for the charts and clear step by step narration. you refered to 123 technique. could you please explain the same.

best regards,
Tapaswi.S
 
Re: Time to Stick my Neck Out ,Nifty 7300

Hi all

Attached pl find My today's trades.. good day today

KISS strategy , but with patterns
Also note the range of emotions I went thru-out the day..

I think most of u must be experiencing these emotions.

Not all days r good.. Some day I will post a horrible/crap day trade too.

Regards

Ajax
Good knowledge gaining. Thank you very much Ajax. Can you pls explain what's this 1-2-3 technique is all about?
Regards
djs
 
Re: Time to Stick my Neck Out ,Nifty 7300

your topic of discussion is very helpful.

i think the long term trend line is at 5260. nifty may not test this level. be prepare for a great bull run in year 2009 march. 2008 is the year of good consolidation.
 
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uasish

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Re: Time to Stick my Neck Out ,Nifty 7300

Nifty Fut 10 mins chart ,this is a rough attempt to code the EPA trendline & ETA of Wolfe Wave,as my understanding of this Pattern is not so good hence i would request Wolfe Wave experts to guide me,whether this is correct,if not Why.
 
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Ajax

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Re: Time to Stick my Neck Out ,Nifty 7300

Nifty Fut 10 mins chart ,this is a rough attempt to code the EPA trendline & ETA of Wolfe Wave,as my understanding of this Pattern is not so good hence i would request Wolfe Wave experts to guide me,whether this is correct,if not Why.
Dear uashish
This is indeed a True bullish wolfe wave set up detected realtime by yours
truly and action taken ( see earlier posts). Saint did take entry during the fast run up and profited. NF not only met target but reveres the trend also.

However, the set up drawn by u is not correct. I will do after market hrs today or tommorrow.. Also shall try to explain my understanding of psychology behind WOlfs with example...

Regards

Ajax
 
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