#niftyfuture Trend is UP Whenever the histos are yellow I dont short I buy the DIP This has served me well till date Yesterday out 26 candles none were red Bought the dip towards EOD Some you win some you lose but RR is very good pl see the chart attached
@ScholarTrading Conclusion: so if this low holds we can see a positive day tom My logic: resisted at weekly and taken support at day I will not be surprised if there is a GAP UP This is just a view on PA I have taken longs with risk covered
@ScholarTrading I follow a different PA strategy I use MTF swings to draw conclusion I will explain with NF charts First wkly chart 23125 is R This led to fall making a low 22662 Now this fall tested the support daily chart and low of candle 15/10 22671 which closed above support line
@MbK7789@Nick_khandelwal Pl see this chart I have shown you various selling points Whenever yellow line is below aqua line , one can sell on a spike Use API in zerodha to apply combined SL I use Bell Curve to select strikes deep OTM Todays value is 116 sl 10% of capital (5 lacs)154 or 184 as per chart
@mavericksurya13@Hedgeewall@AshwinBadri2 Since I have TV , I enjoy RT data from TV Then I trade on Zerodha Between TV and Zerodha there is a slight difference in data feed but one can live with it 2 independent platforms API does not talk to trading platform sometimes That is the issue
@mavericksurya13@Hedgeewall@AshwinBadri2 No One can beat TV I have explored all the things available like Go charting, sahi,etc They dont even come near to it I have taken the latest offer which comes to Rs 645/- p.m This is a pittance for the money I am making every month I never use 2 platforms
@SriniVega I trade MTF swings to trade The logic here is Resisted at 23130 weekly resistance, now targetting 22802 daily support if holds then we will see a bounce from here Since it is daily we need to some allowance for time and 22802
@AshishGupta325 No Trade today Highly volatile When you sense volatility in the first 15 mts it is better to keep out till things become clear I am basically a day trader these days Will do positional only when the environment improves Dont want to show heroism