This was an interesting answer written by one of our frequent forum users, Srinivas. Quoting his method:
“The information that I use to take a Nifty futures intraday trade:
Nifty close to previous close, immediate levels Nifty could test, Nifty 3 day trend, 5 day trend, 14 day trend, 30 day...
1.To trade Nifty Futures
2.To follow candle stick patterns on daily chart
3.Two bar reversal pattern
4.Initial capital 1 lakh
5.Maximum Risk per trade 5% and Target 200 points
6.Why 200 points
i. Each leg of nifty moves a minimum of 200 points and further it may continue in the same...
Just wanted to know how many Nifty points a trader gets per month, on one lot.
Some people might not review their performance on monthly basis so they can calculate their yearly performance and divide it by 12, for average monthly performance. You can also mention the performance of fellow...
This is to document my monthly trades: My target is to get 50 point Nifty futures per month (yes it's per month and not per day)
Will be using leverage to maximum : using cover order for daily trades: Around 7K margin required for 1 lot
I may explore bank nifty futures also: As that has...
I have back tested a Swing Trading system for Nifty. I have back tested it with 4 years of data from 2008 to 2011. As I do not have historical data for the remaining periods I couldn't test further. The results are amazing.
I have been using this system since one month now and total no of...
Greetings from Gaur_Krishna
Starting a new thread for NF Intraday charts only for archieves purposes. No discussions on system or MM or anything....
Only charts for future reference
"Intraday Trading" is the new thread under which I'll be covering my analysis as the older one "Swing Trading for Nifty Futures" has developed some technical problems and I am advised by Traderji to start a new thread.
I am new to backtesting using Amibroker.
May I request Seniors to share link or guide about how to do backtesting for intraday Nifty futures in Amibroker.
I have Nifty intraday 5 min. data in Amibroker. I have set my formula for buy, sell, short & cover based on moving avg.
Hi Fellow Traders,
I have been a fan of this discussion group. There are a lot of Gurus in this forum. So I thought I will also share my bit of knowledge. It is since two years that I have opened my trading account. Mostly my trading have left me with a lot of losses. That is when I seriously...
Intraday, Simplest Trading System ONLY NIFTY FUTURES.. :)
After long time Im back in to Markets, Tradeji and Intraday Trading:clap:.
Would like to share a small and very effective trading strategy which I am following since last 1 month. Please note that this system...
I am trying to find the short-term trend/trend-reversal of nifty based on rsi/stochastics(for now :) ). The idea is to help positional trading in nifty-future. I am not the expert in using these indicators and just trying to see whether any past patters of these indicators charts...
Nifty Trend For Tomorrow (24th May '11)-
Today Sensex closed at 17,993.33 with -332.76 points in negative or -1.82% down. And the Nifty closed at 5,386.55 with -99.80 negative points or -1.82%
On the other side in the Derivatives Nifty Futures: it closed with 102.60 down points and settle at...
Intraday Tips for Wednesday (Technical Overview, 30 March 2011)
Hero Honda has strong opening in the today's session and continues with it, but shown some profit at the higher level and closed with the gains. The stock is looking bullish in the coming time and above the level of...
Could some please tell me is there any website which allows users to do a virtual trading in Nifty Futures?
we have one like Moneybhai but we can only trade with stocks here not futures. It would be really helpful if someone throws light on this.
Just completed one month doing online day trading....after many beginners mistakes (done every mistake possible.?? o my god ! many left...)...now I am switching to range trading.(from 19th march) ...see what happens..
starting capital = 80k..(total poured till ....= 200K)
I trade only in Nifty future using technical indicators such as Bollinger Bands, Parabolic SAR, and Moving Averages.
I would like to know how much traded volumes make difference to the market.
Also, most important where can I get price wise volume history meaning at what...