My trades based on "new way of pivot trading" and vwap

[rjshem]

I have just shared what i have learnt .if it helps u in ur trading journey making u consistent profitable trader enough for me but becoming a consistant profitable trader is more than just setups which i think u know well.so its all in ur hands .

 

[vijkris]

budget highlights:
Power tariffs to go up as coal cess doubled.
Govt to pay for new employees for first 3 yrs of employment
Govt to build 10,000 kms of national highways in FY17
Withdrawal from NPS on maturity made tax-free upto 40%
Excise duty on tobacco products up by 10-15%
HRA cheer: Tax relief on rent now Rs 60,000 per annum
FM Arun Jaitley makes buying cars costlier for you
stt increase in options.
Surcharge rate increased 15% on income of Rs 1 cr or more
10% tax if dividend amt greater than 10 lakh
source- economictimes.

 

[eku]

vijkris is a splendid one to behold :thumb: :lol:

 

[rjshem]

for trades in 1st hour of opening, IDF has extremely high accuracy, yes have already posted couple of very good setups of this in subhadip thread.

.

above first set up today in some charts though early small profit exit still not bad.(bankindia,pnb).

 

[eku]

Viju,how do u trade AMA+VWAP on 1TF?
for me 1TF is very fast.

 

[vijkris]

Viju,how do u trade AMA+VWAP on 1TF?
for me 1TF is very fast.

Ama+vwap is more like a guide line. like on the road we have dividers/reflectors/lane markers etc etc.

I drive my vehicle carefully respecting those lines.

real vehicle is price action, i.e the candles. if u look at normal candlestick chart lot of noise.
my chart removes all inside bars , thus I focus on significant candles only.

BTW I m planning to start a new thread in few days,regarding scalping based on this approach.

edit : its an old image, just for reference.

 

[Rehab]

Thanks for setting up RTD Vijkris.If any queries,I'll be pinging you

I trade NF and Relinfra only.How do u manage to trade so many scrips+NF+commodity market?

eagerly waiting for ur scalping technique thread.

 

[vijkris]

Thanks for setting up RTD Vijkris.If any queries,I'll be pinging you

I trade NF and Relinfra only.How do u manage to trade so many scrips+NF+commodity market?

eagerly waiting for ur scalping technique thread.

out of 5,6 scrips I trade any 2.. rcap and tamo mostly..
commodity after 3.30 only..

ya.. feel free to ask any queries.. wil reply as and when I find time..,

 

[vijkris]

finally won the 60 day challenge. even though the profits is miniscule , I am
:rofl:

total charges was 287. i.e 21% of gross profit. :clap:

sincere thanks to all.

 

[Rehab]

MM and Risk Management Question
1L me 1 lot Nifty Futures
2L me 2lots Nifty Futures

Option trading how to manage?
115rs is premium=8625rs for 1 lot Nifty Option
so can we trade 10-11 lots in 1L?

pls write your view on this Pls.