google.com, pub-7808368332557457, DIRECT, f08c47fec0942fa0 The Ultimate Momentum Signal

Sunday, March 7, 2010

The Ultimate Momentum Signal



 Frequently Asked Questions and the Answers

  • What is this blog all about?  This blog discusses the position trading of the Nifty Futures and Options by use of the "The Ultimate Momentum Signal", a proprietary multi-factor trading system and  it's risk management rules. This blog will also comment about Nifty heavyweights, markets, trading, psychology, risk management etc occasionally.
  • What is "The Ultimate Momentum Signal" ? 'The Momentum Signal' is an oscillator which travels between -100 to +100, wherein -100 indicates maximum downward momentum and +100 the maximum upward momentum.
  • What is the purpose "The Ultimate Momentum Signal" ? "The Signal" is primarily a momentum direction finder. It can be used as a single indicator to find (a) momentum shift, (b) continuation of momentum and (c) neutral momentum.
  • What is the benefit of finding out the above three states of the market ? These states can be used for (a) the entry trigger of a trade, (b) the management of the trade after the entry and (c) exit from the trade.

Thursday, March 4, 2010

Update on The Ultimate Momentum Signal

  
The Breakout - Day 4
A day of consolidation ?

The Nifty Futures traded sideways today indicating consolidation.

Nifty Futures - Daily Chart


The Updated Momentum Signal Spreadsheet