I-Fund-Trader

if you Know how to identify the Trend, this is for you

NSE:LICHSGFIN   LIC HOUSING FINAN
188 views
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188 5
I have received many Personal message asking me what to do when they are stuck in losing trade ,
1) Try to identify the Main trend , the direction of it
02) and understand which trade is easy Going ,
03) and Enter the Direction of the trend where entire world is going , Just dont sit on losing trade ,
Look for reversal on 4 Hour , and do not try to enter on 1 Hour in this scrip , wait for 4 Hour reversal and brake the high , enter and sit Quite til it makes certain profits
Jun 20
Trade active: Well my forecast is correctly worked , 484 was my expected reversal and it did bounce form 485 , Now look for buy set up enter and enjoy small ride
Jun 21
Comment: Right buddy , form 495 to 507 in Futures made Money , Booked for inter day
How do u confirm the break of a trendline?
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I-Fund-Trader GowriShankar
@GowriShankar, here confirmation is not brake of trend line , buying on reversal , time frame is 4 Hour
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sachin1337 I-Fund-Trader
@I-Fund-Trader, How do you decide whether it will reverse or going to break? I have been trading on breakouts. Wanted to know more about reversal trends?
Reply
I-Fund-Trader sachin1337
@sachin1337, Sir , Experience and education in Technical analysis , I am professional worked in Equity Funds / Hedge Funds
Regards
Reply
sachin1337 I-Fund-Trader
@I-Fund-Trader, cool. Thanks. Please don't call me 'sir'. I am just learning. :)
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