BANKNIFTY : Trade Plan 12 August🕘

BANKNIFTY : Trade Plan 12 August🕘

One of the best forms of Price Action is not to predict but To Act on 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.

Many things can be read from the price, but you need a GREAT PAIR of EYES. Rest who doesn't understand will call it junk.

E.g. One of the important DP is the weekly low, if the weekly low is broken, then only you will be short else you won't.
Decision Points: Important Reaction points where you might see action.

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.

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