Swing Trading for Nifty Futures

7 months have passed, have you shared your system on the forum ?
if yes, can you give the link ?

Dear Ethan hunt

Forget about asking just some what ever about his system. Lost time.

Trade your own system and take trades on it. You may define it once in an open forum and other wise trade it by your self.

Losses will show you where it has to be fine tuned and successful trades will show you where you have to control your greed.

Good trading

DanPickUp

agreed.

but no harm in gaining further knowledge which might be used for tweaking my system.

posted previous post only as the thread starter had said that he will share it when satisfied with the system.

Hello Mr Hunt,

I am like a Doctor or a Layer who practice's till he retires. So in other words my system is still not perfect and I am still practicing.

But nevertheless let me tell you, I don't follow any system, if you have read the threads properly it says that it's a combination of many things, like Elliot Waves, Fibonacci Ratio, Gann levels, Gann Turning Days, I also keep a tab on Moon phases (This may sound weird, but traders of NYSE, Nasdaq exchanges have history of following Moon and Ocean Tides and have been successful in predicting the rise / fall in their market) Moon phases do help specially when they fall during Gann Turning Days.

• Elliot Waves are easy to calc as it follows certain rules and guidelines.
• Fibonacci ratio are applied on Swings, Daily or Weekly depends on the trader.
• Gann levels are difficult to calc but Gann Turning days are fixed for the whole year.
• Moon phases are also fixed.

Combination of Elliot Waves and Fibonacci ratio gives us our target accuracy 95% of the time.

And I do use charts for picture presentation, to know what the indicators are saying. Although indicators are supplementary but they do give a fair idea once you know how to read them.

Reading a picture is a bit difficult initially even if you follow all the guidelines.

So keep practicing but forget to earn even while you learn.

Thank You for the interest that you have shown to learn.


Bye

03/08/25012 Friday

Hi all,

Daily Volitality of European market will be replicated in our market (Fall one day Rise the other day). We are a bit smarter we fall in open trade and rise the whole day.

Europe and US markets are up CAC up 4.38% DAC up 4% US till now up by 2% Our SGX Nifty is trading at 5297 (just checked)

Monday's range is 5234 - 5078 with 5175 as the trend setter.

Follow the levels above and below 5235 by keeping an eye on intraday volatility as it gives us ample opportunity to earn most of the time.

Keep in mind 20/04/2012, the day when NF while trading at 5320 levels all of a sudden dropped like a stone to touch 5000 with volumes of more then 47,00,000. We saw it been replicated today.

Bye

good analysis

04/08/2012 Saturday

Hi all,

http://economictimes.indiatimes.com...process-in-september/articleshow/15352012.cms

If gov is about to kick start disinvestment process then we can bet that market will rise / rally more or less.

Market is found good support at near lower levels and it may be because disinvestment process or some other good news was expected.

Well all in all it's a good new and we will not only enjoy it but also earn from it.

Bye

Thread continues at http://www.traderji.com/futures/72825-swing-trading-nifty-futures-part-2-a.html