One of the Components in Ichimoku

NSE:NIFTY   Nifty 50 Index
502 0
One the Best part of Ichimoku is you can visually understand weather further rally is ahead or its just a pull back before the continuation of the trend
Most say R N Elliott wave theory works , i say its all available in the Ichimoku
It clearly gives you an idea that weather the market is about to begin or there is a complex side way ahead , and also you can look the cloud is very thin it suggests that the strength in the market is not there , any given moment it will crack
and off course you have to use Candle stick price action to enter and exit
i say to many never lose the money to market and i have always written about enter on confirmation , but if you are an Ichimoku trader , You dont need any thing to see ,
You will never lose a penny in the market ,

Nifty is getting more complex , and as per this view i am looking further a side way market or re-enter a complex correction
Which one will happen i am not sure , its exactly in the middle of the trend now
so Look for better trade set up and take entry only with confirmation
Good luck
Feb 21
Trade active: I have started selling Nifty form 10800 ( spot ) and started adding shorts on every rise of 10 Points
Good luck


Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out