Nifty Futures Trading

[aca_trader]

Re: Time to Stick my Neck Out ,Nifty 7300

Never write-off the RSI!

Causes no. of whipsaws. However, if you keep trying one of the several trades will be a jackpot.

 

[adilsaleem]

Re: Time to Stick my Neck Out ,Nifty 7300

expecting some serious short covering here

 

[ratan jain]

Re: Time to Stick my Neck Out ,Nifty 7300

Overnight shorts closed. (Broke my leg when RJ announced in Chat Room that Dow is Up 150 points). Intraday Long Initiated.

Arre in the morning I almost died when I saw dow at negative 10 points.

When I went into hibernate mode, it was at 105 positive.

Cant trust the dow Just like my neighbours wife..... she cant decide when she wants to run away with me

I have already made preparations, my laptop has a usb modem connection, thats all I need to run away with her

 

[Saint]

Re: Time to Stick my Neck Out ,Nifty 7300

As far as I am concerned,we are now trying to profit from a rally within a 60min dntrend........meaning,looking to make a fast profit,and bolt at the slightest trouble.

Always nicer to go with the trend,and in the line of the 60min....

Saint

 

[kkseal]

Re: Time to Stick my Neck Out ,Nifty 7300

Causes no. of whipsaws. However, if you keep trying one of the several trades will be a jackpot.

The spacing (bars) bet the peaks/troughs & the RSI period has to be compatible. A double or triple div is more trustwothy. However not perfect.

Regards,
Kalyan.

 

[Saint]

Re: Time to Stick my Neck Out ,Nifty 7300

Raising SL TO 5133......


Saint

 

[aca_trader]

Re: Time to Stick my Neck Out ,Nifty 7300

Arre in the morning I almost died when I saw dow at negative 10 points.

When I went into hibernate mode, it was at 105 positive.

Cant trust the dow Just like my neighbours wife..... she cant decide when she wants to run away with me

I have already made preparations, my laptop has a usb modem connection, thats all I need to run away with her

With FTSE & DOW, a gap open most often than not results in re-test of previous close. As the retracement started from 12500, There was a fair chance of close retest. BUt what will happen thereafter had me worried.

 

[aca_trader]

Re: Time to Stick my Neck Out ,Nifty 7300

The spacing (bars) bet the peaks/troughs & the RSI period has to be compatible.

Regards,
Kalyan.

Can you please explain it a bit?

Regards,
--Ashish

 

[circle zee]

Re: Time to Stick my Neck Out ,Nifty 7300

all SL's hit in just a minute!!

 

[biyasc]

Re: Time to Stick my Neck Out ,Nifty 7300

NF 5100 is looking strong support for the day. breakdown below 5100, some more down points.