General Trading Chat

In my opinion its better to use a 14/21 period RSI with daily data than 5 which is too short .. and in case of divergence, one need to look at the RSI direction for trade decision rather than the price.
 
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oilman5

Well-Known Member
as per my understanding market is in danger zone and i am initiating 50lot short in nifty.
let me see -earn or lose. i sell total portfolio to take the trade. i have a plan to let it run.
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ur view may be different, i may lose heavily if proven wrong .
 

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