Sir, What are these Nifty Futures levels you have posted? Did not get the hang of it? May have missed some post about these.
karnaniji,
Many times ,on back testing since Two years for
stocks & 3 months for
NF & BNF,i had noted that the
previous TS Tigger Bar values,act as VG
Supt/Rest.
Once these values are breached for up or downlow,on sustained trading around these values,we get good gains on
Intraday.
Eg: NF previous Trigrs Jan /5819/5985/6003/6058/6096/6108/
Have a look at the chart .
One more.
We all look(at least majority,for whatever reason like liquidity,premium,etc)at Current month NF for TS.
Pl have a look at Feb NF chart since Jan.
It was an excellent short <6129 & came upto 6048,again on Buy & then on
Sell 6126(corrulate my prev trigger) & traded upto
6027.
While this TS may be old,u may agree ,
hardly any one
discussed it in
Traderji.
Mind u,it is EOD & does NOT require any chart or s/w for trading.
I feel by discussing my observation,experienced traders of this stratgy in this forum may comment & share their experience.
We have seen in this short duration,how
comfortable & Explosive this strategy is.
One trade a day is more than sufficient & the beauty is we know in
advance which & where to trade.
Many analysts r using these historical TS Triggers as
swing pts,add a little here & there to camouflage them.
And last but Not the least,your
XL is very handy for one & all & my
compliments.
Since both of us sail on the same boat reg Computer,modifications seem to be a little difficult.
But as
Saint said,Teach,but dont give the Fish.
As a strict
Vegetarian,i am still searching to recoin the
proverb.