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 ... -
Will not be available to intra update . Suggest one of our readers to update on DHEma-HHEma-HCEma & HLEma for possible support points fo...
5 comments:
sriram
situtation awarness pattern data may fail. strict stop loss may be necessary for both buyer and/writer of options. any better defence you can conceive?
@ Ashok:
Fixed 20 pts SL fed into SYSTEM, is Rule No.1 of trading,
Rule No.2 is Selecting min R:R = 1:2 setups to justify taking trade RISK
Finally, comes Instrument Buying or Selling
Namaste Ilango Sir & Blogmates,
(Bullish: A negative close after 5 sessions with index perfectly poised around 8000, can see rangebound movement within 7940-8060 for the next 2 days..: Option Analysis for 27-10-2014
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Sanjay Kr Jaiswal
Hi all,
Dow Jones making -ve div on hourly macd chart....it may see some correction and may impact on world indices...
just a thought..
dear master,
please update sbi file if time permits.
thanks & regards.
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