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retracement |
anantha
White Belt
Joined: 18 Feb 2011
Posts: 96
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Post: #1  Posted: Sat Jun 11, 2011 10:08 am Post subject: retracement |
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see the power of retracement rsi and other indicates doest not support in this methode. comments are welcome
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| see the magic of retracement in nifty |
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ravionlinek
White Belt
Joined: 11 Jun 2010
Posts: 97
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| Post: #2 Posted: Sun Jun 12, 2011 12:54 am Post subject: |
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| Its useful........
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beowulf
White Belt
Joined: 18 Aug 2010
Posts: 163
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| Post: #3 Posted: Sun Jun 12, 2011 1:58 pm Post subject: |
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Hi Anantha,
I'm sorry but I didnt completely understand what you are trying to say here. Can you please explain your point a bit more...
Thanks,
Beo
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anantha
White Belt
Joined: 18 Feb 2011
Posts: 96
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| Post: #4 Posted: Sun Jun 12, 2011 6:10 pm Post subject: |
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| first of all 5600 is double top and the low is retracement's 100% sell at 5600 as the retraacement's point is 0% the first tgt is 50% again it cut down 50% the stop loss is the same 50% and hold it to the tgt of 100% or as u wish your profit.
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