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retracement

 
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Author retracement
anantha
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Joined: 18 Feb 2011
Posts: 96

Post: #1   PostPosted: Sat Jun 11, 2011 10:08 am    Post subject: retracement Reply with quote

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
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Joined: 11 Jun 2010
Posts: 97

Post: #2   PostPosted: Sun Jun 12, 2011 12:54 am    Post subject: Reply with quote

Its useful........
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beowulf
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Joined: 18 Aug 2010
Posts: 163

Post: #3   PostPosted: Sun Jun 12, 2011 1:58 pm    Post subject: Reply with quote

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
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Joined: 18 Feb 2011
Posts: 96

Post: #4   PostPosted: Sun Jun 12, 2011 6:10 pm    Post subject: Reply with quote

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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