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HOW TO PREDICT MARKET DIRECTION |
MOHANTY
White Belt
Joined: 03 Sep 2014
Posts: 5
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Post: #1  Posted: Sun Nov 23, 2014 12:41 pm Post subject: HOW TO PREDICT MARKET DIRECTION |
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| Sir please elaborate a simple technical formulae to evaluate the market direction.The new members shall be happy to have this knowladge. |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #2 Posted: Sun Nov 23, 2014 6:51 pm Post subject: Re: HOW TO PREDICT MARKET DIRECTION |
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| MOHANTY wrote: | | Sir please elaborate a simple technical formulae to evaluate the market direction.The new members shall be happy to have this knowladge. |
Most simple technique visible to eye without need for formula is DOW theory
( just see whether higher highs or lower lows or range forming in your trading timeframe and go one notch higher timeframe and see there as well.) |
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