Retracement strategy, a must for traders.
Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...
-
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...
8 comments:
sir,
If i am write, wave 4's top shouldnt come inside wave 1 bottom, right? In that case nifty shouldnt go beyond 5200. am i right?
Master,
Day RSI in icharts is bi different than what u posted. is there
difference?
http://3.bp.blogspot.com/-N6WrTZG3oqE/Tnnxn1XYVUI/AAAAAAAAAAQ/vQ4iLSTe5Yk/s1600/RSI.jpg
@Que sera sera I think both are the same but... the one you have posted it is
for less time period than the master posted.
Namaste Ilango Sir & Blogmates,
A consolidation day or waiting for FED decision: Option Analysis for 21-09-2011
Duplicated at Wordpress Site
Thanks & Regards,
Sanjay Kr Jaiswal
TO MASTER
I M CONFUSED FOR UP TARGETS BECAUSE THE LOW OF 1ST DOWN NEVER BREACHED BY 4TH UP AS PER RULE U HAVE WRITTEN IN YOUR NATES SO 5195 IS FINAL AND LAXMAN REKHA IS WE ARE DISCIPLINED FOLLOWER OF EW...I WILL SELL ALL NEAR OR BELOW 5195 SPOT AND WILL SEE WHAT HAPPENED. PLEASE CLARIFY..
@aashish,
That is a cool fact to know. Linking EW with
trend/momentum indicators.
Ben Bernake to USA
http://www.youtube.com/watch?v=lokpohoCyF8
EW enthusiasts -
"fourth waves, tend to register their maximum retracement within the span of travel of the previous fourth wave of one lesser degree, most commonly near the level of its terminus"
We finished 3.iv at 5198. We are pretty close with 4.
Are we done with 4 when the next impulse ( 4.C )
if we have one in the next day or two ?
Post a Comment