Learn How To Fish

[ashcom]

thnx, for the reply, this is chart of BNF cash.

 

[augubhai]

Hi VJAY,

Just a suggestion... Why don't you try this method on Stock Futures, when Nifty is dull? You can select the scrips for the list of most active securities.

Since 2 months, I shifted completely to trading Stock Futures instead of Index Futures - and I think that I am doing slightly better. NF/BNF are now above 10000/20000, the points need to breakeven the day trades is much higher. Though the price of the Futures has increased, the daily range remains almost the same as it was 5-6 years ago.

 

[VJAY]

Hi VJAY,

Just a suggestion... Why don't you try this method on Stock Futures, when Nifty is dull? You can select the scrips for the list of most active securities.

Since 2 months, I shifted completely to trading Stock Futures instead of Index Futures - and I think that I am doing slightly better. NF/BNF are now above 10000/20000, the points need to breakeven the day trades is much higher. Though the price of the Futures has increased, the daily range remains almost the same as it was 5-6 years ago.

Hi augubhai,
Thanks for suggestions....I not tested this method in stock futures and IMO margin requirement also high.but yes after your suggestion will think of it...

 

[ashcom]

Hi vjay,
# 201,
Do you mean to say, that there is a mp HH and HL above the VPH you have marked. Hence, the buy signal is at the point, vph, that I have marked. pls. clear the confusion. the chart is bnf cash.

 

[VJAY]

 

[VJAY]

Hi vjay,
# 201,
Do you mean to say, that there is a mp HH and HL above the VPH you have marked. Hence, the buy signal is at the point, vph, that I have marked. pls. clear the confusion. the chart is bnf cash.

yes where you marked vph in circle ...if that point is your mPH then only ...

 

[ashcom]

Hi vjay,
# 201,
Do you mean to say, that there is a mp HH and HL above the VPH you have marked. Hence, the buy signal is at the point, vph, that I have marked. pls. clear the confusion. the chart is bnf cash.

Hi Vjay,
won't a Higher VPL be needed?
and if I am not asking a lot from you, can you mark, on a fresh chart. I wish to see, how do I get buy around that place and what should be the vph vpl and mph markings. this would be a lot of learning for me. thnx. it is 5 min. chart of BNF cash.

 

[ashcom]

I have uploaded 2 charts of 5 min. TF and 3 min. TF. I have written and marked my findings. The chart is of 5 min. BNF cash and it is in continuation with#208. I believe I found my mistake in marking the mph, etc. wrongly, which gave me a wrong analysis earlier. VJAY, could you check up the above, and comment, pls. Thnx.

 

[anml]

Hello Vijay sir , in your charts green lines - long , red lines - short , blue lines for exits ,and what are that red , blue dots in candles , is it adds or tsl ? Thanks .

 

[VJAY]

View attachment 26199 View attachment 26200

Yes you correct in 2nd chart....before that mph we are in down trend ....once we get mph above vph and break out of that mph means uptrend....