IDD MUBARAK
Some interesting readings to guide us into the coming weeks:-
1.Monitoring CBOE volatality index: Short above 76.5 in the next few days or exit longs when it hits 55 around 22nd Dec and initiate shorts..(Monitor it on a daily basis)
2. I liked this small write up on traders obsession to predictions.
3.When you put so much trust and blind belief into another's judgement and not rely on your own study and observations, you create a GURU who is often fallible.Bottomline is be flexible and open to changes and receptive to different views.
4.I can never get tired of talking about divergences and how they make tons of money for you provided you are very patient during its development and act at just the right time.
5.And good news for shorters/Bears, the king of Bears comments must be comforting..In his own words - "Once this uptrend is complete before the vacation starts.....And the next time bomb is ticking in the Europe & U.K.
6.Here is one Profitable strategy on picking stocks as per their price behaviour v/s their positioning from their 50 day simple moving average(50 DSMA).
7.And if you still have still some more time left, why not brush up on those "ABC" of Technical Analysis from this Learning Centre.
8.Get a overview of the Experts on current market action.
9.What Elliot wave International has to say about the markets ahead(Posted on 5thDec.08)
Tuesday, December 9, 2008
Elliot's Impulse waves.(Part-5)
IMPULSE WAVES :- The Basics Waves that move the market in the direction of its main trend either up or down are called Impulse waves. 1....
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5010-5039 supply zone proved a ST resistance. 5002 proved a break down point. 4945 to 4982 proved a corrective rise, monitored with an ...
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Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...
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If the steady FIIs inflow reflects in the prices, 5405 should be protected going ahead and market may encounter minor corrections and keep m...
4 comments:
really great holiday ideas.......wealth of information virtually at one's fingertips.....thanks a ton....
rajivhtc@gmail.com
Thanks for those links Ilango, interesting read.
ss :)
Sir,
Very Good Blog
Thanks from Depth of My Heart
With regards
Dinesh Rishi
Illango Hi,
Brilliant links..well I did spend the holiday wisely...reading!!! Keep em coming!
Hope all's well with you.
Regards
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