Nifty Intraday Pivot Points

[SavantGarde]

Hold Some Quantities Of AAPL, GE, TRA, GOOG & Recently Bought Some Quantities Of BoA & Citi, Therefore Trade Them From Time To Time...

Happy & Safer Trading

SavantGarde

Wow sir...u trade the US markets..great...

 

[prasadam]

savant ji,
& kammy bro,

a small observation.

normally on gap days, the price tries to fill up the gap. for example yesterday.
on exceptional days it moves in the same direction like today.

so, IMHO on gap days it would be better to wait upto atleast 10.15.

what do you say.

 

[columbus]

Hold Some Quantities Of AAPL, GE, TRA, GOOG & Recently Bought Some Quantities Of BoA & Citi, Therefore Trade Them From Time To Time...

Happy & Safer Trading

SavantGarde

For curiosity-sake what are pre-requisites for trading in US markets.

 

[SavantGarde]

Hi Prasad,

As`A Rule For Myself I Normally Sell 60% Of My Positional Long NFs On A Gap Up & Cover Them On Retracement & For Somebody Who Is Only Trading For Intraday or For A Fresh Long Position, Irrespective Of The Global Cues, I Always Advise Them To Wait Till 10:30-10:45, If You Notice From Kamlesh's Chart We Got A BUY Crossover Between 6th & 7th Bar & Another Thing That I Noticed Was That If We Were To Follow Only Candle We Would Need For It To Form At The Very End Of TF & Following SMAs Progress Is Seamless.

You Raised A Very Prudent Point & It Is Applicable For Any Type Of Trading, I Am Glad All Of You Have Got A Good Thinking Cap On, Therefore, The Pursuit Of This System Is Such A Sweet Challenge.

:thanx: Prasad

Happy & Safer Trading

SavantGarde

savant ji,
& kammy bro,

a small observation.

normally on gap days, the price tries to fill up the gap. for example yesterday.
on exceptional days it moves in the same direction like today.

so, IMHO on gap days it would be better to wait upto atleast 10.15.

what do you say.

 

[pkamalesh]

i guess 15 minutes would be more than enough to get into a trade..even gap ups and downs get reversed mostly(if they would) by max 10.15..after that we can ride the MA's...

 

[SavantGarde]

Hi Kamlesh,

I, Too Am Of The Same Opinion That 15 Min TF Is Much Better For Most Types Of Market But Then When The Whole System Is In Place, Individual Traders Can Decide As Per Their Comfort Levels.

In Total Agreement With You Regarding This, Anyways Leaving For Shirdi Now, Should Be Back In The Evening, Ok

Happy & Safer Trading

SavantGarde

i guess 15 minutes would be more than enough to get into a trade..even gap ups and downs get reversed mostly(if they would) by max 10.15..after that we can ride the MA's...

 

[pkamalesh]

Hi Kamlesh,

I, Too Am Of The Same Opinion That 15 Min TF Is Much Better For Most Types Of Market But Then When The Whole System Is In Place, Individual Traders Can Decide As Per Their Comfort Levels.

In Total Agreement With You Regarding This, Anyways Leaving For Shirdi Now, Should Be Back In The Evening, Ok

Happy & Safer Trading

SavantGarde

Ok sir...happy darshan...

 

[Ajax]

Hi Kamlesh,

I, Too Am Of The Same Opinion That 15 Min TF Is Much Better For Most Types Of Market But Then When The Whole System Is In Place, Individual Traders Can Decide As Per Their Comfort Levels.

In Total Agreement With You Regarding This, Anyways Leaving For Shirdi Now, Should Be Back In The Evening, Ok

Happy & Safer Trading

SavantGarde

Eagerly waiting for developments. Hope to provide some inputs

 

[Ajax]

Ok sir...happy darshan...

Dear pkamlesh
Waiting for tick data
:!

Ajax

 

[pkamalesh]

Dear pkamlesh
Waiting for tick data
:!

Ajax

ajax...dint get ur id...BTW yahoo mail in maintenance or what?? not able to open y mail..