Dear all,
All the trades I post here will be Nifty and no indicators will be used at all (including EMAs) for predicting the market movements.
The method is heavily influenced by the DOW theory hence the only indicator we will be using is PRICE. A lot of people would find similarities with Saint's Flow method as well - and I would agree that though the basic principles remain the same .. I have made some adjustments in the rules which I would like to share only at a later stage.
Capital requirement to trade - 1 lakh minimum (for Mini nifty) and 2 lakhs (for Nifty).
Cheers
SH
All the trades I post here will be Nifty and no indicators will be used at all (including EMAs) for predicting the market movements.
The method is heavily influenced by the DOW theory hence the only indicator we will be using is PRICE. A lot of people would find similarities with Saint's Flow method as well - and I would agree that though the basic principles remain the same .. I have made some adjustments in the rules which I would like to share only at a later stage.
Capital requirement to trade - 1 lakh minimum (for Mini nifty) and 2 lakhs (for Nifty).
Cheers
SH