Nifty Futures Trading

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segul

Active Member
Re: Time to Stick my Neck Out ,Nifty 7300

Maybe my trades coincided with what you are observing.All intraday chart traders look at a Higher time frame guidance,they normally trade when the current trend is in concert with the Higher time frame,simply to say they trade CT (current trend) TOWARDS the GT (greater time frame),say GT is (-)ve they trade the CT waves when it is coming down from PH.
This way the trader increases the Probability.
If it is difficult to sway in & out from an Hrly or 30 mins to 5 min or 1 min,then put a longer WMA on your 5 min chart.Here we are not trading the MA ,means when it is crossed we buy etc etc but we simply look at the SLOPE ,if the slope is decreasing than the earlier bar then (-)ve & vice versa ONLY the SLOPE no value nothing else from WMA.
thanx asish sir for your insight.
 

biyasc

Well-Known Member
Re: Time to Stick my Neck Out ,Nifty 7300

Long Nf @10:36 Bar.
 

biyasc

Well-Known Member
Re: Time to Stick my Neck Out ,Nifty 7300

bought @3911.xx, sold half @3921.xx, stop profit for the rest 3925.xx.
 

biyasc

Well-Known Member
Re: Time to Stick my Neck Out ,Nifty 7300

modified stop @3930.xx
 

biyasc

Well-Known Member
Re: Time to Stick my Neck Out ,Nifty 7300

modified stop @3937.xx
 
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