I-Fund-Trader
Education

Open Your Eyes & Look for similarity, Dont Complicate

NSE:GRASIM   GRASIM INDUSTRIES
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6
207 4
When I see Many traders here trying to Complicate the trading by simply applying some thing which has no logical explanation i feel sorry for them believing that something has not worked in past and will work in future , Stock market is very simple and very Much repeated by itself , from 1900 to till date it has repeated itself , but dont expect to make same pattern there will be variations , but they give a visual representation of how they are moving , this one is you can understand when you follow the trend line , ( Trend line are insignificant , they only represent what i wanted to look ) so try to be in the larger trend direction , dont hang up with some system which has not worked in the past for very successful way , i have even tried to place the Fibonacci level so that what i am looking and where i am looking for termination of this wave
The idea is trade with the confirmation and trade with pre-defined risk and measures , even many time my understanding fail but that does not negate of making forecast in fact that add more insight to my forecast
Hope You Guys will understand the concept
Good Luck
Comment: Now you know , How the pattern identifying can save you form wrong entry ,
Price did made 1093 as high and then turned , Now 1068 ,
Comment: No need explanation ,
Comment: so far from 1093 to 1000 , its slow i will be trailing my stop from here on wards
Comment: So far from 1096 to 970

i dont understand what happens to few people , they simply try to teach me , price never moves in straight line , but they kept on telling me in PM , especially those who post for few points not even understand ADR or GDR Range , they only post for 0.5 % target and thinks them self as Expert ,
dont teach i have an identity , Go and teach some one who else , stop bothering me in Private Message
Trade closed: target reached: Just in case You are still confused , take a brake form trading and have peace of mind and then start learning in understanding market before you jump in live trading
what a superb analysis. i need to meet you. one fine day i will
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I-Fund-Trader nalinakshi
@nalinakshi, Yes Madam We will meet , Regards
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thanks for the explanation!
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I-Fund-Trader sagarlinkin
@sagarlinkin, You are welcome sir
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