5130-80% retrace puts back the upward momentum.
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...
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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...
28 comments:
Prices have struggled near the earlier cluster of 5110-30. Mild correction, if there is upto day's low or 5055 is normal.
keep close eye on price movement of 5100 call and put.i think clue for future movement lies there.
"keep close eye"
I cant see now after closing eye :(
I have a question.... the europe futures on forexpros
are showing -ve whereas those shown on cnbc awaz are +ve
which is right?
sam for proper quotes go to bloomberg.com
@DR
English is a phunny language dinesh bhai
http://www.youtube.com/watch?v=bgu1mpUexdw
@ sam
Look at this one
http://www.igmarkets.co.uk/
Thanks Parminder.
Wednesday, October 19, 2011
^FTSE
^GDAXIEuropean Stocks Seen Higher, Eyes on Europe Rescue Deal at CNBC Wed 2:16AM EDT
try this
http://finance.yahoo.com/intlindices?e=europe
@SAM
Hi, European futures ( UK market) are positive on forexpros!
http://www.forexpros.com/indices/indices-futures
Always, look at the absolute number rather than gain or loss percentage, as gain or loss depends on closing prices and websites/TV may take different closing values depending on local time.
Check the absolute number which should be same (some are 15 mins delayed) and verify the trend and momentum with charts.
There is a diference as prices may be of index, futures, CFD etc....Just focus on broad trend :)
Thanks Sir,
Your correction level of 5055 - matches with the Bullish crab pattern in Hour charts - which comes to 61.8% retr of 5011 -5125.
Bullish crab pattern Hour Chart Update
lol DR is funny...keep close eye..=))
bullish flag in 5 minute
Namaste Ilango Sir and friends
on an hourly chart Nifty price is about to move above
the Kumo. this will set more of bullish tone
regards
GA Everybody...
KST has triggered up at 1.00PM. Now the price need to move past 5130.
sir,
incidentally close of Friday is 5132.
Is google charts not working??? anybody facing problem??
tks n advance
Satheesh - 5057 7th NRB candle if i am not wrong :P
Hiten - Nowadays "bearish formation" turning into +ve vice versa for "bullish formation" too??? cat and mouse game :) we closed -ve yesterday after the week end + week beginning indicating what?? timem pass confusion :D as usual from my side
@Sujata, maybe big bears already packed up and left on early holiday. Bulls pacing up and down 20 steps and teasing the remaining diehards by creating juicy setups.
ONLY 10 POINTS GAME IS GOING ON SINCE 2 HRS.
PDD
Even facing the problem for Gmail..
Even facing problem for Gmail..,not able to log in properly
Bye...
Updating the charts & TT are taking 10-15 minutes.
2.00PM may get delayed.
@ mynac & Sister
both are (gmail / google finance) working fine here after clearing cookies...
clear cookies or clear complete browser history and sign in again
it may solve your problem.. :)
5130 is a strong resistance, albeit nifty is above the 3rd
resistance that is 5106. 2.40 PM will make a decision
Thanks Dear Indian Trader,but frighted almost for 1Hr,
So time to leave again......
In the mean time Huge 80% intra addition in Oct.5100 PE,
yet holding Nifty above 5100.....
It is significant because now just 4 trading days are
left for expiry ... Let us see...
Bye...
New Post Done.
HANGSANG High is 18426. Closed 18309.
Europe is like us.
pdd
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