Nifty : Real time discussions...!

[linkon7]

On a 1 min tf, we already have 240 bars at 1.15

Since market is sideways and essentially doing nothing, a small box size of 2 points on a 1 min time frame captured 26 swings... or 26 columns....on a PNF chart

 

[trader.trends]

Linkon

PNF ignores volume completely. Isn't that a big disadvantage?

 

[casonite]

nifty did not give any opportunity...scalped a little money in JPAssociates..covered yesterday's loss to a great extent.

 

[linkon7]

Linkon

PNF ignores volume completely. Isn't that a big disadvantage?

volume analysis is with respect to time... in pnf... there is no time in the picture... pure price action... !

 

[trader.trends]

volume analysis is with respect to time... in pnf... there is no time in the picture... pure price action... !

Depending on the box size again would not different people get different result?

 

[PGDIMES]

Prm between the 2 series of NF has drastically come down to mere 5 points!!!

 

[linkon7]

Depending on the box size again would not different people get different result?

details will be different on higher box. lesser number of columns... Lesser noise....!

but idea of using the pnf is to see the structure. strength of a level by counting the number of times it resisted. say on 30 min bar, 5624 was hit 5-6 times and all that happened on the same time slab, all we get is a single pivot there. PNF solves that problem...! My requirement was to know how strong the boundary walls are. That way i can manage my risk more comfortably...!

 

[stock72]

last 5 minutes ( from 3.25 to 3.30 ) in 5700 ce june serious people sold/bought = 73750 qty = 1475 lots ..who bought/sold and for why ? ..any one pls help to understand

 

[PGDIMES]

last 5 minutes ( from 3.25 to 3.30 ) in 5700 ce june serious people sold/bought = 73750 qty = 1475 lots ..who bought/sold and for why ? ..any one pls help to understand

It was me... bought and sold 5 lots... why? for profit...

 

[linkon7]

last 5 minutes ( from 3.25 to 3.30 ) in 5700 ce june serious people sold/bought = 73750 qty = 1475 lots ..who bought/sold and for why ? ..any one pls help to understand

It was me... bought and sold 5 lots... why? for profit...

hhmm..mystery deepens...!
i bot and sold 5 lots too.... now to find out who took the balance 1465 lots...