Retracement strategy, a must for traders.
Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...
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I 'll always be there for you. To make you feel that you're secured. And even if the rain is pouring hard and the sky is almost dark... -
5010-5039 supply zone proved a ST resistance. 5002 proved a break down point. 4945 to 4982 proved a corrective rise, monitored with an ... -
Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...
5 comments:
Hi Ilango.
Reference views expressed earlier today, it was my understanding that the Target was about 5120 after which a deeper correction was to occur going to about 4800 - 4600. Is my understanding correct? If not would appreciate if you can kindly clarify.
The US Markets seem to be on a downtrend over the last few days including start of today where they seem to be significantly down.
Iam trading nifty for the last 1 year...Just now visited your blog...it is great...loads of information...I like the tech table & pivot table...I shall be grateful to you if you could share the file...keep posting and thanks for helping the small traders like me...
Jai Hind
Vinod D
Chennai
vinod_d@in.com
The US markets crashed. But we r closed today.Bulls escaped from the damage. However the effect of downtrend will be felt today also and experts feel that US market needs to correct before moving upwards.
Our market will mourn a bit and will move further upwards
Shankar
sir,
Are you ready with your portfolio for investment to catch the next bull run?
Eagerly awaiting for the same.
Thanks in advance
Hello ilango,
My last 2 trade was success with 50 points each; I normally start the trade when conservative give signals and book the profit with in 50 points, disadvantage of this is I cannot catch the big fish
On Monday If market opens at is it good plan to start the trade ( long) at 4960 level with stop loss of 4930 (for target of 5100) Or do u have different plan for conservatives.
Do u thinks conservative will hit SL again this time ? ( I dont want to enter if you feel SL may hit)
Regards
Subra
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