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TRADING NIFTY FUTURES WITH 5DMA

Members can post and discuss educational topics related to share trading in this section .

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TRADING NIFTY FUTURES WITH 5DMA

Postby manish midha » Sat Aug 13, 2011 3:56 pm

HELLO TRADERS

I'M SURE MOST OF US HERE HAVE HEARD ABOUT THIS METHOD. IT'S QUITE OLD BUT EFFECTIVE METHOD. ESPECIALLY FOR THOSE WHO CAN'T BE ONLINE ALL THE TIME, OR NEED HASSLE FREE 250-400 POINTS PER MONTH.
THIS MONTH ALONE THIS METHOD HAS GIVEN SHORT FROM 5600 RANGE, SO COUNT UR PROFITS!!

WE'LL TAKE LAST 5 DAYS CLOSING OF NIFTY SPOT,I.E.
5118.50+5072.85+5161+5138.30+5072.95+=25563.6/5=5112.72
SO 5112.72 IS OUR SAR VALUE FOR TUESDAY, WHENEVER SPOT TRADES ABOVE IT FOR 5 MINUTES ONE CAN ENTER LONGS WITH A 30 POINTS STOPLOSS.
REVERSE THE TRADE IF SL HITS.

CURRENT POSITION IS SHORT, THOSE WHO WANT TO ENTER IN IT CAN SHORT NEAR SAR WITH
SL.

WITH REGARDS TO A.K.EKLOF

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Re: TRADING NIFTY FUTURES WITH 5DMA

Postby nilopra » Sat Aug 13, 2011 4:08 pm

Your techniques are superb.

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Re: TRADING NIFTY FUTURES WITH 5DMA

Postby v.karthikk » Sat Aug 13, 2011 4:35 pm

Hi Manish,
here is question may be silly : do reply..

5112.75 OUR SAR VALUE FOR TUESDAY, WHENEVER SPOT TRADES ABOVE IT FOR 5 MINUTES ONE CAN ENTER LONGS WITH A 30 POINTS STOPLOSS.
if nifty opens @ 5125 & sustains for 5 minutes - do we go long ?? or after marker opening it has to cross the 5112 value & sustain for going long ?

Thanks,
Karthik
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Re: TRADING NIFTY FUTURES WITH 5DMA

Postby manish midha » Sat Aug 13, 2011 5:07 pm

hello karthik

yes u can enter but with a sl. please refer to daily volatility of nifty futures provide at nse site,to get an approx idea of how much movement nifty can give us on that day. say ltp of 11aug is 5137 & dv is 1.20, let's calculate 5137x1.20=61 points so there is probability of 61 points movement either + or - any side. its not accurate but it'll give u some idea.
hope this'll solve ur query.

btw it's not a silly que as me also doing same things, over & again. :)

regards
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Re: TRADING NIFTY FUTURES WITH 5DMA

Postby v.karthikk » Sat Aug 13, 2011 5:15 pm

Thanks Manish , btw can u give me the exact place where to look @ nseindia site..
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Re: TRADING NIFTY FUTURES WITH 5DMA

Postby daytrader45 » Sun Aug 14, 2011 12:30 am

i would like to suggest u can also try 5days/21 or 5days/34 ema combination and u can live charts with them...if price cross 5days ema and 5days ema cross 34 days ema f below u can buy with sl below 34days ema..every system has its own adv/disadvantages..so do paper trading..its f knowledge purpose only
regards
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Re: TRADING NIFTY FUTURES WITH 5DMA

Postby manish midha » Sun Aug 14, 2011 2:33 am

karthik visit this link-http://www.nseindia.com/index.htm
in other information daily volatility is given.

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Re: TRADING NIFTY FUTURES WITH 5DMA

Postby seetharamank » Sun Aug 14, 2011 8:58 am

dear friends this is one of the most effective trading system i want thank the author for the good system

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Re: TRADING NIFTY FUTURES WITH 5DMA

Postby SOMU » Mon Aug 15, 2011 10:14 am

Good one Manish i also will look on it.Nice to see u all participating in forum instead of chat room.Its worth as chat room discussion later cannot read if u missed its gone.Forum discussions always valuable.
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Re: TRADING NIFTY FUTURES WITH 5DMA

Postby lokesh » Mon Aug 15, 2011 7:21 pm

good one manish.

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Re: TRADING NIFTY FUTURES WITH 5DMA

Postby manish midha » Tue Aug 16, 2011 5:36 pm

CURRENT POSITION IS SHORT, THOSE WHO WANT TO ENTER IN IT CAN SHORT NEAR SAR WITH SL


as told in 1st post, those who've shorted near sar must be enjoying.
EARNING MONEY NEVER MAKES ME HAPPY, BUT SPENDING IT DOES!
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Re: TRADING NIFTY FUTURES WITH 5DMA

Postby manish midha » Tue Aug 16, 2011 8:41 pm

sar for 17 aug is 5096 nift spot.
EARNING MONEY NEVER MAKES ME HAPPY, BUT SPENDING IT DOES!
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Re: TRADING NIFTY FUTURES WITH 5DMA

Postby manish midha » Fri Aug 19, 2011 1:14 am

sar for 19 aug is 5049
EARNING MONEY NEVER MAKES ME HAPPY, BUT SPENDING IT DOES!

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Re: TRADING NIFTY FUTURES WITH 5DMA

Postby sp1765 » Fri Aug 19, 2011 4:10 pm

Why we have to take nifty spot closing price, if we trade on nifty fut... and at nseindia website we can get previous data of nifty fut,where can get nifty spot previous data...
Is it works in full trading session or any exact time period to watch sar value...
As now at nseindia website volatily figure is in some percentage as previous time it was in value so how can get and calculate daily ,weekly monthly or yearly volatility....
Hope you will solve my query and tell me any effective intraday formula as I am using gann, cam and fab, but exactly not gettiing how to use...
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Re: TRADING NIFTY FUTURES WITH 5DMA

Postby manish midha » Sat Aug 20, 2011 12:00 am

dear sp1765 its one of the simplest way to trade in nifty future.

volatility is only to get an idea of movement of nifty, stick to sar only. it'll give u good result.
just watch nifty spot price in live market , whenever it crosses sar value & trade abv/blw it for 5 min go long/short.

as of now position is short from 5600 range, to take a new position either wait nifty to cross it or u can short near sar with 30 points sl. on wed & thu short near sar has given ample points.

one more,try to paper trade levels derived from gann,fibo & camarilla & eod compare them.
i'm sure u'll get the right trading method for ur trading style.

for nifty spot previous data visit this link-http://www.nseindia.com/products/content/equities/indices/historical_index_data.htm

hope it solves all your queries.

regards
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