Nifty Trading Ideas: Market Profile - Emini Index Futures Trading | futures io social day trading
futures io futures trading


Nifty Trading Ideas: Market Profile
Updated: Views / Replies:4,365 / 32
Created: by getthattradingedg Attachments:78

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 78  
 
Thread Tools Search this Thread
 

Nifty Trading Ideas: Market Profile

  #21 (permalink)
Trading Apprentice
Nagpur, Maharashtra, India
 
Futures Experience: Intermediate
Platform: Amibroker, Ninjatrader
Favorite Futures: Nifty Index Futures (NSE)
 
Posts: 29 since Oct 2015
Thanks: 4 given, 10 received


romajc View Post
Interesting thread. I have been very interested in market profile recently. What platform are you using?

Been trying to find a platform with market profile and a DOM as feature rich as OEC.

Well thanks for the reply. I am using a custom AFL for Amibroker.
No DOM facility here.
You can give Ninja Trader a try with Fin-Alg Market Profile program

Regards
Aniruddha

Reply With Quote
 
  #22 (permalink)
Trading Apprentice
Nagpur, Maharashtra, India
 
Futures Experience: Intermediate
Platform: Amibroker, Ninjatrader
Favorite Futures: Nifty Index Futures (NSE)
 
Posts: 29 since Oct 2015
Thanks: 4 given, 10 received

Inside days, silence before the storm - Evening Report

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote
The following user says Thank You to getthattradingedg for this post:
 
  #23 (permalink)
Elite Member
SF Bay Area + CA/US
 
Futures Experience: None
Platform: Tradestation, Ninja
Favorite Futures: NQ ES & Equities
 
paps's Avatar
 
Posts: 1,512 since Oct 2011
Thanks: 1,972 given, 1,279 received
Forum Reputation: Legendary


Hi there...interesting thread. Would love to follow along and understand your thoughts on nifty.

Could you be so kind and give some background on Nifty markets/futures in general:

a) what is lot size
b) can this be held overnight
c) what is the point size
d) what is daily avg volume for nifty
e) since nifty is futures am guessing most are using direct market access platforms
f) who moves prices. I see your have used the term spike trading. Are you referring to hfts or algos...and if so is there a way to detect presence of algos in the nifty market. Since this is a derivates market does it track or corelate to any market internals or any other index futures.

Cheers

Reply With Quote
The following user says Thank You to paps for this post:
 
  #24 (permalink)
Trading Apprentice
Nagpur, Maharashtra, India
 
Futures Experience: Intermediate
Platform: Amibroker, Ninjatrader
Favorite Futures: Nifty Index Futures (NSE)
 
Posts: 29 since Oct 2015
Thanks: 4 given, 10 received


paps View Post
Hi there...interesting thread. Would love to follow along and understand your thoughts on nifty.

Could you be so kind and give some background on Nifty markets/futures in general:

a) what is lot size
b) can this be held overnight
c) what is the point size
d) what is daily avg volume for nifty
e) since nifty is futures am guessing most are using direct market access platforms
f) who moves prices. I see your have used the term spike trading. Are you referring to hfts or algos...and if so is there a way to detect presence of algos in the nifty market. Since this is a derivates market does it track or corelate to any market internals or any other index futures.

Cheers

@paps

Nifty is traded on National Stock Exchange (India).
Its Lot Size is 75.
One point move is equal to 75. But the tick size is 0.05.
Daily average volume on current month futures is around 3-3.5 million shares.
You can get access to Nifty futures through a registered brokers.
If you have access to level 2 data, which is provided by some data providers you can track algos ( I personally do not track it).
FII (Foreign Institutional Investors) are major players followed by DII (Domestic Institutional Investors).
Another major index traded is Banknifty, which has significant effect on Nifty movement.

Please tell me if you need any more information.

Regards

Reply With Quote
The following user says Thank You to getthattradingedg for this post:
 
  #25 (permalink)
Trading Apprentice
Nagpur, Maharashtra, India
 
Futures Experience: Intermediate
Platform: Amibroker, Ninjatrader
Favorite Futures: Nifty Index Futures (NSE)
 
Posts: 29 since Oct 2015
Thanks: 4 given, 10 received

Balancing act on both the indices - Evening Report

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote
The following user says Thank You to getthattradingedg for this post:
 
  #26 (permalink)
Trading for Fun
Rybnik Polska
 
Futures Experience: Advanced
Platform: TWS
Favorite Futures: Futures
 
Posts: 105 since Aug 2015
Thanks: 18 given, 42 received

But sadly as a foreign retail investors we cant trade futures.Geojit was trying to offer stock trading for foreigners but there is still too hard to do it.So as a result - India is still closed for us ...

Permissible transactions

Reply With Quote
 
  #27 (permalink)
Trading Apprentice
Nagpur, Maharashtra, India
 
Futures Experience: Intermediate
Platform: Amibroker, Ninjatrader
Favorite Futures: Nifty Index Futures (NSE)
 
Posts: 29 since Oct 2015
Thanks: 4 given, 10 received


Tommip View Post
But sadly as a foreign retail investors we cant trade futures.Geojit was trying to offer stock trading for foreigners but there is still too hard to do it.So as a result - India is still closed for us ...

Permissible transactions

Sad to hear that, but we can continue to monitor this from a learning perspective.

Regards
DeAn

Reply With Quote
The following user says Thank You to getthattradingedg for this post:
 
  #28 (permalink)
Trading Apprentice
Nagpur, Maharashtra, India
 
Futures Experience: Intermediate
Platform: Amibroker, Ninjatrader
Favorite Futures: Nifty Index Futures (NSE)
 
Posts: 29 since Oct 2015
Thanks: 4 given, 10 received

This up move looks more like an inventory adjustment - Evening Report

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote
 
  #29 (permalink)
Trading Apprentice
Nagpur, Maharashtra, India
 
Futures Experience: Intermediate
Platform: Amibroker, Ninjatrader
Favorite Futures: Nifty Index Futures (NSE)
 
Posts: 29 since Oct 2015
Thanks: 4 given, 10 received

Selling excesses on both indices, in search of strong buyersBankni - Evening Report

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote
 
  #30 (permalink)
Trading Apprentice
Nagpur, Maharashtra, India
 
Futures Experience: Intermediate
Platform: Amibroker, Ninjatrader
Favorite Futures: Nifty Index Futures (NSE)
 
Posts: 29 since Oct 2015
Thanks: 4 given, 10 received

So the rally was old business after all - Evening Report


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote

Reply



futures io > > > > Nifty Trading Ideas: Market Profile

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Swing Trading Market Profile mastbanda2000 The Elite Circle 5 February 17th, 2017 02:20 AM
Trading Indices with SD and Market Profile doggette Emini Index Futures Trading 26 April 22nd, 2016 05:59 AM
Market Profile and intra-day trading himmel Commodities Futures Trading 7 July 15th, 2015 07:32 PM
My Trading Journ(ey)al ... Trading Indian Markets (CNX NIFTY) sachinn Trading Journals 2 February 7th, 2014 09:01 AM
Trading with Market Profile ab456 Elite Trading Journals 10 October 28th, 2013 08:26 PM


All times are GMT -4. The time now is 10:33 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-12 in 0.13 seconds with 20 queries on phoenix via your IP 54.90.92.204