Nifty Intraday Floor Pivots

[CreditViolet]

Got it CV. Thanks again.

Actually, in my manually done 'vanilla' method i don't consider all the pivots (even on the daily ) but only the most significant ones. To determine 'most significant' apart from volumes i somehow find the price pattern in lower tfs (10/15 mins) useful. But then this is just a crude method.

Regards,
Kalyan.

Hint - Use the ZigZag study to determine pivots

 

[kkseal]

Hint - Use the ZigZag study to determine pivots

Yeah, for the 'automation'. Tough job. But bigger job is to decide on the algorithm; then have to grapple with the pseudocode. Long haul

Regards,
Kalyan.

 

[kkseal]

For those who might be interested here's a link i found to the kind of study suggested by CV

http://www.fxstreet.com/education/technical/using-fibonacci-to-determinate-market-goals/2006-07-07.html

Regards,
Kalyan.

 

[CreditViolet]

But bigger job is to decide on the algorithm; then have to grapple with the pseudocode. Long haul

Why do you think I am so open about it

Seriously, it is indeed a very tough job, I'd say atleast a year of concrete work but can be very rewarding.The comfort to know exact levels where market sentiment can change plus a way to measure the sentiment is the utmost relaxing factor while trading.

 

[CreditViolet]

CV,
Told you this old coon will try to pant uphill ,hope you will not be alone very long maybe by upto 2008.Thks your validation boosts us,however earned little also with these levels.
Asish

And where is my cut Mr?

 

[uasish]

All is being stashed away when we will be beating the Las Vegas (zero sum) with Martindale.

 

[CreditViolet]

All is being stashed away when we will be beating the Las Vegas (zero sum) with Martindale.

Now thats very comforting!

 

[alokdaga]

Great planning Ashishda ! All the best to you !

 

[CreditViolet]

Evening Update, didnt have time to update in the morning but levels mentioned on Friday did well.

New level generated at EOD of Friday held pretty well today infact was the low of the day!

http://www.traderji.com/102606-post22.html

Two comparitively mild levels generated today, chart attached.

 

[aroymkp]

Evening Update, didnt have time to update in the morning but levels mentioned on Friday did well.

New level generated at EOD of Friday held pretty well today infact was the low of the day!

http://www.traderji.com/102606-post22.html

Two comparitively mild levels generated today, chart attached.

Does these levels make any sense. I got it from Net. It's a fib indicator in MS