TARGET :500 Nifty points per month...!
- Thread starter linkon7
- Start date
I have chartsdata and amibroker now... My broker is iifl and they provide only TTAdvanced. So i think i cant sync with chartsdata and see in amibroker 
I can atleast try by loading the intraday data for past 6 months and see how to plot your atr-24ema settings in that. Is it possible to get frm somewhere?
if possible, can u tell me how to load that data to amibrokr?
I can atleast try by loading the intraday data for past 6 months and see how to plot your atr-24ema settings in that. Is it possible to get frm somewhere?
if possible, can u tell me how to load that data to amibrokr?
I have chartsdata and amibroker now... My broker is iifl and they provide only TTAdvanced. So i think i cant sync with chartsdata and see in amibroker
I can atleast try by loading the intraday data for past 6 months and see how to plot your atr-24ema settings in that. Is it possible to get frm somewhere?
if possible, can u tell me how to load that data to amibrokr?
I can atleast try by loading the intraday data for past 6 months and see how to plot your atr-24ema settings in that. Is it possible to get frm somewhere?
if possible, can u tell me how to load that data to amibrokr?
treat it like a monthly expense of trading
As per one of my leading indicator, we have already reached the top of the trading range and will slowly drift towards the 4850 mark...
5347 was the level to go short as per the system...
short was taken at 5340 on July futures..
Momentum check
CCI is well above the 100 mark and that means we need to wait for EOD close below the LSMA25, which is at 5285... to go short...
CCI has printed more than 6 bars above 0, so my position will be against the trend...
CCI is at 111 and unless it comes below 100, the break out can take it higher...
BB is pointing towards 5402 as potential stop loss.. the bands are not expanding which means, we have to break the 5402 mark to see further range expansion. or else will will remain in the 5402 to 4823 range...
so its logical to short 5400 put as hedge for the nf short... 5400 call can do big damage, so selected 5500 call as the other profit leg...
so far,
NF July shorted at 5340
5400 put July shorted at 148
5500 call July shorted at 52
Now, I have given too much importance to one indicator and have selected a defensive 5400 put as a hedge, which will not give me much gains. Once I get my closing below the 5285 mark, i'll shift to the 5300 put short and short the 5300 call...
Till then i'm mentally prepared for my sl to hit at 5402 and i'll reverse my short to a long and exit my 5500 call short and go for 5400 call instead...
infact a close above 5383 is enough for me to change my bearish views to bullish...
Hourly chart is showing that a breach of 5285 can take us lower for a tgt of 5236. It also means that unless 5285 iis not breached on closing basis, it can be treated as a dips to buy and we might see the up thrust taking us to 5362 levels..
MP suggest that chances of filling the 5286-5324 gap remains high. VPOC is at 5275 and then 5221 means they will act as potential targets.
Longs above 5324 only and if 5285 acts as strong support.....
Action required:
as of now i'll wait for a close below the 5283 mark... once satisfied, then will shoft the 5500 call short to 5300 call... and then transfer the 5400 put short to 5300 put... NF short will have a stop loss of 5324 today...
dear linkon
I have shorted July 2010 nifty futur @ 5317
my target is 5290 - 5280
what u think, should i hold or should cover arround 5290
thanks
for Nifty futur Live chart- http://www.niftylivecharts.com/nifty_future_live_chart.html
I have shorted July 2010 nifty futur @ 5317
my target is 5290 - 5280
what u think, should i hold or should cover arround 5290
thanks
for Nifty futur Live chart- http://www.niftylivecharts.com/nifty_future_live_chart.html
Similar threads
-
-
-
-
-
Trigger Based order placement service provider with target option - bracket order
- Started by ajay45822
- Replies: 0