Thanks a lot for all your teachings. You have made a huge difference to my trading style as you obviously must have done to a lot of others also. I only trade medium term as I cannot day trade due to other pre-occupations and I also have a passion to learn technical analysis in which I have received tremendous help from you.
Regarding the above raising of stop loss to 530, I wanted to ask is it on the weekly time frame or daily time frame. I also hold a position in RANBAXY which I entered based purely on your teachings .
Waiting for your reply whenever you have the time after your vacation
Thanks a lot for all your teachings. You have made a huge difference to my trading style as you obviously must have done to a lot of others also. I only trade medium term as I cannot day trade due to other pre-occupations and I also have a passion to learn technical analysis in which I have received tremendous help from you.
Regarding the above raising of stop loss to 530, I wanted to ask is it on the weekly time frame or daily time frame. I also hold a position in RANBAXY which I entered based purely on your teachings .
Waiting for your reply whenever you have the time after your vacation
For people looking at daily charts only.......not daily with the weekly in background........SASKEN is setting up nicely on the 60min and daily charts.Not an intermed uptrend play.......more of a daily chart play.
For people looking at daily charts only.......not daily with the weekly in background........SASKEN is setting up nicely on the 60min and daily charts.Not an intermed uptrend play.......more of a daily chart play.
In this type of trading... the rules of going long would be like buying above pivot high breaks right? Or any other method also.... the SL would be to exit or to reverse? As the thread name is new intermediate uptrend... it looks like just exit... so the SL would be either pivot low break/2 bar/1st bearish candle low (as the daily is in DT)
Plz correct me
Take your time no hurry as will not trade daily now! Lack of resources (money)
In this type of trading... the rules of going long would be like buying above pivot high breaks right? Or any other method also.... the SL would be to exit or to reverse? As the thread name is new intermediate uptrend... it looks like just exit... so the SL would be either pivot low break/2 bar/1st bearish candle low (as the daily is in DT)
Plz correct me
Take your time no hurry as will not trade daily now! Lack of resources (money)