Shortcut keys for charts
Hot Keys for chartist- Life becomes easy can be referred on charting page-in tools section (right hand side vertical panel-- question icon- keyboard shortcuts) or image at this link - http://i.imgur.com/AshoSDZ.png
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Continued from Weekly Educational Series - PART 1 ;
So, now we have got our risk reward ratio and winrate.
We move on to calculate the expectancy of our trading strategy.
The formula is,
Expectancy = (Probability of Win * Average Win) – (Probability of Loss * Average ...
WatchOut for ICICI Bank Potential Breakdown of a long term channel, as it has failed to move up to test upper line for the third time, A break below can take it all the way down towards 200. Axis banks results were also not very supportive.
Shorts Can be taken with an SL above recent highs and for the Targets of ...
Suzlon the non conventional energy leader(wind and solar) is highly debt driven company had a bright future as the global consciousness for non conventional clean energy is growing.At present all power sector players are badly beaten by huge debt due to govt and political interferences. Which cant be continued for ...
Some callers asked me how to Trade on below Algo Levels.
So I am replying it within idea.
a. If a support or resistance level is broken, it signals that the relationship between supply and demand has changed.
b. A resistance breakout signals that demand (bulls) has gained the upper hand and a support ...
Yesterday , The Index closing below the " jnsar trading formula " line is all the reason an index trader needs to short the index.
Last time the T7 JNSAR Indicator flipped for a signal is a 425 point uptrend in 16 Trading days.
Forget reading charts, just look for this one indicator if you are a positional Index ...
Nifty Spot Buy Near 8290 - 8280 Levels Keep your Stop Loss at support Zone 8220...My view nifty Nearly 2 to 3 days on expire & Trump Policy market come down on Friday, Technically Over Brought Zone May be Down till Gap Filling Level of 8319 - 8290 its very comfortable to buying zone. other then that already Made ...
BNF looks week and can short at current level 18800, if it retraces please wait to see and short at 18910 or 18985 levels for the target of 18512. If you are taking short position at 18910 keep SL of 19060
ELLIOTT wave counting if carefully labelling,both time and magnitude can be determined.
the above chart explains clearly that final Z wave begins.
this is a 5wave impulsive move which should be always equal both time and magnitude of W wave
which falls near 8005 on 20th of march(26 business days)
Hence what is the ...