Hello Smart Trade Sir and Shubhadip sir,
Many many new concepts in this thread ...
Have some queries though
For a beginner like me, which method is more suitable? Pivot based or MA based? No previous experience as of now for me.
My goal is to make min 120 points in nifty futures, intraday basis. I am following Shubhadip sir's posts in ".... 40 trades", so starting with 3 Lakhs and 2 lots of Nifty. All trades to be intra-day trades. Goal is to make yearly 1500 pts using only Nifty futures. Is it possible?
Which method should I select: Pivot or MA based method ?
If MA, what should be time frame combination? 60 min - 15 min okay? Like Shubhadip sir, I am also working but can keep track of charts on KITE.
Simple rule is when the market opens with a gap in previous day's afternoon range, we wait for a visual pivot to form before taking any trade.
It is nice to see XRAY27 taking keen interest in learning this method.
He has his PA method but still so keen to learn new things. Learning is a continuous process.
Smart_trade