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| From : Girish Gopinath at 10:28 AM - Jun 30, 2010 ( ) |
Share it on Facebookno high funda technicals required.........
even a lay man can use it......................
extremely useful in nifty....................
extremely profitable if used consistently.................................
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Hi
I am waiting for the technique please post for benefit of ALL
Thx
sir, pls share ur expericne after u hv read books u mntnd and prsnt trading results.

Fig: Nifty
This is 30 min charts....................
For the Blind Trading technique Pls check previous posts.......................
BRO WHERE ARE U LEVING IN BANGLORE THIS MONTH 26 IAM COMING BAN G
I am reading one book now............ Trading Chaos - Applying Expert techniques to maximise your profits by Bill Williams......... it is a must read book........ This book was refered to me by a friend.......... may change your life...... Also there are a lot of books published by Vission Books.......... just search for Vision Books site and go through their catalogue..... lot of interesting books are available...... Or visit your nearest Book Mall where all sort of books are available...... Sapna Book House chain of book malls in Bangalore has a lot of collection............ Just check and happy reading........
I mean third wave within the fifth wave..... confused????? Ha ha ha.....
there are many if and buts, but the overall rally from 4786 could turn out to be third wave and so tgts could be very very high over the next two years.......
If I am correct we are in the fourth wave........ 5210-5320 Ist wave, 5235-5453 third wave.... and now fourth wave....... as long as we are above 5320 which is first wave high we will go higher..... but for the next few days we will be under pressure..... tgt could be 5550-5600-5720....... lets see what happens....... I am out for today... questions if any will be answered in the evening.....
Frankly speaking, I am not so convinced with the moving avg methods of trading..... as also cross over methods..... Moving averages can at best be considered as a guide..... especially if you apply to stocks there will be a lot of wipsaws...... in case you consider cross overs your buy might get trrigered at a much higher rate when the move is well under way..... But to tell you the truth, i have not done much research on the same..... I will certainly look into this method and try to adapt to some of my strategies....
girish ji are u there,i have read the link that posted by harsh in that file its mention they mention two system 1 a short term system trade based on 20 day breakout 2 a simpler long term based on 55 day break out this is ema or sma kindly highlight anyone
Actually I am using this strategy only from the past 5 months only..... my real strategies are entirely different.... This I have back tested with the help of charts for the past three years... I use only Spot prices as future prices can change depending on circumstances........ Honestly speaking I dont like moving average method of trading....... I use moving Avg in only one circumstance... That I will reveal when I write about my strategies.... I dont get much time to make charts and without charts it is meaningless to give strategies........ over the past few days I was free in office and hence I am writing all these.... otherwise not even it would have been there.......
This Message is deleted by Niftyswingtrader Harsh.
This Message is deleted by Niftyswingtrader Harsh.
This Message is deleted by Niftyswingtrader Harsh.
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