Hi,
Every trader is dreaming about the predicting the market movement, is it really possible even i asked myself past....finally i have an answer for that "YES" it is possible remember the word "Nothing is Impossible"
As myself started trading around 2004 started to behave like a smart trader learning charts, RSI, MACD, STOCHASTIC and many other oscillators/trends. it took many years to understand that all my path was totally wrong, then later noted that oscillators are perfect only the usage of mine was wrong just like driving a car if you drive wrong way you will hit, its the driver's problem not car right?
After doing lots of homework finally found the great market breakout system 100%, I am not saying that i can predict everyday's market direction but a major break either up or down (currently nifty) can be predictable including yesterday's rally. ( i mean 1st December) the basic concept i found that we don't need lots of directional tools/charts or global direction or economy direction for identifying such breakout and I believes most of you guys are smarter than me? may be you are doing better than me who knows?
I would like to share these kind of ideas with traders who are really interested / or those who doing hard work to find out or those who already having knowledge on the breakout system... in order to improve my trading life... all i can say its a team work.....
I will post my view on this board so that you guys can review if its correct or not and the same time I request you guys to write your own view but not just prediction from mind it should be based on something like what i have said in my post
Thanks
Redsea
Every trader is dreaming about the predicting the market movement, is it really possible even i asked myself past....finally i have an answer for that "YES" it is possible remember the word "Nothing is Impossible"
As myself started trading around 2004 started to behave like a smart trader learning charts, RSI, MACD, STOCHASTIC and many other oscillators/trends. it took many years to understand that all my path was totally wrong, then later noted that oscillators are perfect only the usage of mine was wrong just like driving a car if you drive wrong way you will hit, its the driver's problem not car right?
After doing lots of homework finally found the great market breakout system 100%, I am not saying that i can predict everyday's market direction but a major break either up or down (currently nifty) can be predictable including yesterday's rally. ( i mean 1st December) the basic concept i found that we don't need lots of directional tools/charts or global direction or economy direction for identifying such breakout and I believes most of you guys are smarter than me? may be you are doing better than me who knows?
I would like to share these kind of ideas with traders who are really interested / or those who doing hard work to find out or those who already having knowledge on the breakout system... in order to improve my trading life... all i can say its a team work.....
I will post my view on this board so that you guys can review if its correct or not and the same time I request you guys to write your own view but not just prediction from mind it should be based on something like what i have said in my post
Thanks
Redsea
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