Most prefer to "Predict" where market will reverse.
Few want to "Follow" the trend
Choose your t/f combo & ride the trend till 1 trade gets stopped
Week & Day - Down & Down
Day & Hour - Down & sideways
(Predictors looking for morning star in "Day", Evening star formed in "Hour")
Few want to "Follow" the trend
Choose your t/f combo & ride the trend till 1 trade gets stopped
Week & Day - Down & Down
Day & Hour - Down & sideways
(Predictors looking for morning star in "Day", Evening star formed in "Hour")
How do you follow "Trend" ?
Get familiar with "ABC" correctives with the help of #Fibonacci Retracement
Have shown recently in many of the tweets, how this strategy alone produces LRHR trades
With experience, you'll learn to pull the trigger
For experience, you have to ACT/ TRADE
Get familiar with "ABC" correctives with the help of #Fibonacci Retracement
Have shown recently in many of the tweets, how this strategy alone produces LRHR trades
With experience, you'll learn to pull the trigger
For experience, you have to ACT/ TRADE
1. Moving average with 20Ema or 20Sma
2. LH & LL in downtrend & HH & HL in uptrend
3. Trendline
For a shorter t/f trader, primary bias should be of "Day" t/f
For Intraday, bias should be from "Hour" t/f
Keep this template for your trading
When all t/f align, great trades emerge
2. LH & LL in downtrend & HH & HL in uptrend
3. Trendline
For a shorter t/f trader, primary bias should be of "Day" t/f
For Intraday, bias should be from "Hour" t/f
Keep this template for your trading
When all t/f align, great trades emerge
Notice in #Nifty :
Prices closed above 20Sma yesterday
Prices have broken out of trendline
Yet to make HH in Hour & 15 min. t/f above 17325
Prices closed above 20Sma yesterday
Prices have broken out of trendline
Yet to make HH in Hour & 15 min. t/f above 17325
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