My Nifty/Mini-Nifty Positional trade logs

[summasumma]

i saw this post http://sphotos-d.ak.fbcdn.net/hphotos-ak-ash3/531160_385915811486903_924186370_n.jpg

hi Sri,

On what basis/logic this nifty future expected move is drawn?

Regards,
...summasumma

 

[summasumma]

(32,9,1) moved flat and (21,9,1) came up. Eventually they both will meet each other and we will see some good move in their direction for SURE.
Child came down but still in OB Zone.

2111/811 also came down out of OB zone today. The following rule to be validated in live market. When 2111/811 make move with same value(both are 73.93 now), most of the time it will make opposite side move the next day. In that case im expecting them to move back to OB zone tomorrow.

Open Position:
Holding long NF @ 5739 ... CMP: 5765

Im seeing many ppl have turned bearish after seeing the dow's move yesterday and opened short with negative sentiments. But so far this method doesn't give negative indication yet. Till then holding long.

 

[summasumma]

All stoch went down except (21,9,1).
The touch of (32,9,1) and (21,9,1) is crucial now and their direction together will bring big move.

Child jumped out of OB zone. Not good for the long position.

2111/811 experiment failed today as they both came down again.

Open Position:
--------------
Exited long NF @ 5719 [email protected]: 20 points.
Entered short @ 5720 today.

P/L status:
-----------
-20

If 2111/811 does move together UP on monday as per the experiment, there will be a whipsaw again in this method. If not, we are targetting around 5660 now.

Note: All positions entered/exited on EOD at closing time in this method.

 

[DanPickUp]

Dear Summasumma

Out of the box thoughts:

Nifty = Child

Dow = Mother

So who is the father?

Nifty follows Dow with some time delay, but it follows this Index. Now the question comes up: Who follows or leads the Dow?

We then would have again a child, a mother and a father in a bit an other way

Any comment on that beside your experiment on stochastic, which I find very informative?

Good trading

DanPickUp

 

[summasumma]

Dear Summasumma

Out of the box thoughts:

Nifty = Child

Dow = Mother

So who is the father?

Nifty follows Dow with some time delay, but it follows this Index. Now the question comes up: Who follows or leads the Dow?

We then would have again a child, a mother and a father in a bit an other way

Any comment on that beside your experiment on stochastic, which I find very informative?

Good trading

DanPickUp

In this case, father should be the operators and everyone follows them(including dow)
And another informative thing is that there are 2 childs. Nifty has an younger brother named mini-nifty...:rofl:

 

[Taiki]

In this case, father should be the operators and everyone follows them(including dow)
And another informative thing is that there are 2 childs. Nifty has an younger brother named mini-nifty...:rofl:

And a Long distant cousin too, Bank Nifty :lol::lol:

 

[Tracey509]

Can u just explain me how to use this Theory...

 

[saivenkat]

Can u just explain me how to use this Theory...]

So.. you have no time to go through his thread.. other than hitting frequent one liners in all threads..

 

[summasumma]

All stoch went down except (21,9,1).
(32,9,1) and (21,9,1) made opposite crossover now. still the overall trend is negative. One can notice a significant drop in NF premium today.

Open Position:
--------------
Holding short @ 5720...cmp: 5680

P/L status:
-----------
-20

 

[Bewinner]

how come P/L status be -20 points summasumma as i am seeing 40 pts profit in short...