Dear All,
Study of Technical Analysis is the key for any person trading.
Today is 16th May, Narendra Modi is going to be our next PM.
Most people including me thought that the USDINR will definitely going to go down.
It opened with a gap down.
But the graphs showed me a different picture.
If the %B indicator and the price movement are in divergence symmetrically then there is a chance to see a reversal movement.
It occurred but I missed. But I learnt a lesson today that studying in-depth TA is the only key for trading successfully.
I have many examples of %B indicator with Price movement divergence.
If anyone would like to have just give me your email ID.
I would be happy to share with it.
Thank you very much.
Happy Trading.....
Regards,
Ronak
Study of Technical Analysis is the key for any person trading.
Today is 16th May, Narendra Modi is going to be our next PM.
Most people including me thought that the USDINR will definitely going to go down.
It opened with a gap down.
But the graphs showed me a different picture.
If the %B indicator and the price movement are in divergence symmetrically then there is a chance to see a reversal movement.
It occurred but I missed. But I learnt a lesson today that studying in-depth TA is the only key for trading successfully.
I have many examples of %B indicator with Price movement divergence.
If anyone would like to have just give me your email ID.
I would be happy to share with it.
Thank you very much.
Happy Trading.....
Regards,
Ronak
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