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Fibonacci on Nifty For Day trading, short-term, long-term

 
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Author Fibonacci on Nifty For Day trading, short-term, long-term
asrahmathullah
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Post: #1   PostPosted: Sat Nov 29, 2008 10:23 pm    Post subject: Fibonacci on Nifty For Day trading, short-term, long-term Reply with quote

FIBONACCI TRADING IN NIFTY

FOR INTRADAY TRADING:

At 10:30 IF THE MARKET IS DOWN, DRAW A FIBONACCI FROM YESTERDAY'S CLOSE TO TODAY'S LOW OF THE DAY.

Eg: Yesterday's close: 2800
Today's low : 2720
CMP : 2750

Entry: You should go long at 61% and short below 38% level
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shabari
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Post: #2   PostPosted: Sun Dec 14, 2008 12:09 am    Post subject: is this working,can u give the success rate of this once Reply with quote

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ppgoradia
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Post: #3   PostPosted: Wed Feb 25, 2009 5:34 pm    Post subject: Re: Fibonacci on Nifty For Day trading, short-term, long-ter Reply with quote

asrahmathullah wrote:
FIBONACCI TRADING IN NIFTY

FOR INTRADAY TRADING:

At 10:30 IF THE MARKET IS DOWN, DRAW A FIBONACCI FROM YESTERDAY'S CLOSE TO TODAY'S LOW OF THE DAY.

Eg: Yesterday's close: 2800
Today's low : 2720
CMP : 2750

Entry: You should go long at 61% and short below 38% level


dear sir,
as per yr strategy, then when market is up at 10.30,then to draw fib from ytd close to todays high (then can you pls mention of enty & exit) in this case.also if possible explain in detail or atleast give some more example ,so i can understand properly.
thanks
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SUNITbLL
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Post: #4   PostPosted: Thu Feb 26, 2009 2:25 pm    Post subject: Re: Fibonacci on Nifty For Day trading, short-term, long-ter Reply with quote

[sir
kindly give details of both for if market is open in high then which parameter should i take and what are the entry level WHERE SHOULD FIND THE FIBINACCI CALCULATOR
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