One of the best forms of PA action is not to predict but to act on the price, chart tells you where, when & how to act on price. Wait for the decision points on the chart to act else don't trade.
E.g. One of the important DP is the weekly low, if the weekly low is broken, then only you will short else you won't.
John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve.
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
its so meaningful and priceless guidence , thanks for your guiudence.....
chamanchaudas
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sir what is the purpose of angular line here?
subhagghosh
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@chamanchaudas it's used to capture upmove angle currently at 62%, which is quit high....and generally don't sustain.
chamanchaudas
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@subhagghosh, would you mind telling me how to use it?
is it used like gan fan?
subhagghosh
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@chamanchaudas , simple connect swing high n low, check angular degree , if more than 45 °, tough to sustain, the lower the degree, the better it is.
its so meaningful and priceless guidence , thanks for your guiudence.....