Stock FUTURES To Keep A Close Eye On

SexyTrader

Well-Known Member
IDFC(Fut) is worth playing with :thumb: Its a good stock. Period
 

mravi

Active Member
Hi SexyTrader

I use 1 hr chart and MACD signals to trade.
What kind of signals you use.

I am never successful in trading high beta stocks like hdil hcc idfc.

I definitely made some money in stocks like l&t, cumminsind tatapower etc..
 

SexyTrader

Well-Known Member
Hi SexyTrader

I use 1 hr chart and MACD signals to trade.
What kind of signals you use.

I am never successful in trading high beta stocks like hdil hcc idfc.

I definitely made some money in stocks like l&t, cumminsind tatapower etc..
I do not follow signals...I follow my INSTINCTS....by looking at the charts. I observe simple patterns forming and then with my INSTINCTS I take a buy or short-sell decision. I have been very successful doing that hence I do not follow MACD signals etc :)

Trading high-beta stocks is easy if you have predetermined targets set of your own....like I do :thumb: Suppose I wish to trade HDIL for a few days and I notice a simple pattern forming, I will mentally fix an entry point and a profit-booking point in my head and STRICTLY follow that. That helps prevent any losses and also makes it easy to book profits for the lots as and when required. This is what I follow.....

Of course L&T, Cummins and Tatapower are excellent, but I prefer a mix and match of high-beta and stable :)

My bets are quite simple :cool: SBIN(Fut), JPassociates(Fut) & IDFC(Fut) on a regular basis though these can change anytime based on my INSTINCTS :cool:

And I keep some capital free for some interesting fair-weather ones like UnionBank(Fut) and similar ones :)
 

saivenkat

Well-Known Member
Hi SexyTrader

I use 1 hr chart and MACD signals to trade.
What kind of signals you use.

I am never successful in trading high beta stocks like hdil hcc idfc.

I definitely made some money in stocks like l&t, cumminsind tatapower etc..
If one is not good enough to spot the divergences on macd.. then the use of it sucks.... and further more.. some modified settings are to be needed.. than the conventional ones..
 

SexyTrader

Well-Known Member
Hippee :thumb: Today the Minifty(Fut) closed near to my bought price on Friday :)

Tomorrow looks good for a ride ahead, enough profits to close this position successfully :thumb:
 
If one is not good enough to spot the divergences on macd.. then the use of it sucks.... and further more.. some modified settings are to be needed.. than the conventional ones..
What are divergences on MACD ?? :confused:

What are the modified settings and what are the conventional ones :(
 

saivenkat

Well-Known Member
What are divergences on MACD ?? :confused:
Trading MACD Divergences
http://www.investopedia.com/articles/forex/05/MACDdiverge.asp

http://www.youtube.com/watch?v=zUhYQXRrwQQ

http://www.trading-naked.com/Divergence.htm


What are the modified settings and what are the conventional ones :(

http://www.informedtrades.com/281049-macd-modified.html

So you dont know what are the conventional settings that are used in macd?
TP, i just wanted to know one thing.. did you raise this question, just to keep abreast your post counts or else want to make some pun/mockery on me.. to prove that you are above par.. or you did not know it all.. please clarify.
 
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mravi

Active Member
Trading high-beta stocks is easy if you have predetermined targets set of your own....like I do :thumb: Suppose I wish to trade HDIL for a few days and I notice a simple pattern forming, I will mentally fix an entry point and a profit-booking point in my head and STRICTLY follow that. That helps prevent any losses and also makes it easy to book profits for the lots as and when required. This is what I follow.....

Of course L&T, Cummins and Tatapower are excellent, but I prefer a mix and match of high-beta and stable :)

My bets are quite simple :cool: SBIN(Fut), JPassociates(Fut) & IDFC(Fut) on a regular basis though these can change anytime based on my INSTINCTS :cool:
Point noted. Thanks.:thumb:
 
So you dont know what are the conventional settings that are used in macd?
TP, i just wanted to know one thing.. did you raise this question, just to keep abreast your post counts or else want to make some pun/mockery on me.. to prove that you are above par.. or you did not know it all.. please clarify.
I find MACD totally bewildering. I see this indicator in TT sometimes but can't make the head or the tail of it. I see another indicator, KST, which takes 4 parameters but the results are visually very easy to judge. Thanks for the links. Have copied them and will look over in free time.

I really am less than zero in MACD.
 

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