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NeelamN
Jun 10, 2021 12:12 PM

USDINR DOW theory Flag BO Long

Description

Everything explained in chart...
Sold Put options of lower strikes and next expiry...

Disclaimer : This is a trading idea for learning. No trading call. Keep your stop losses and risks within your limits.

Trade closed manually

Closed the friday expiry long trade / PUTs were sold.
Continuing for next expiry explained in next post

Comments
AdhiSudalaissj
I'm expecting a target of around 74 . Your views ?
NeelamN
@teutonsadhi, are you following elliot analysis ???
AdhiSudalaissj
@NeelamN, Exactly . Yes
NeelamN
@teutonsadhi, great!!! me too... though not posting elliot analysis here.
rajusahu1989
@NeelamN @teutonsadhi is elliot analysis giving you positive results?
NeelamN
@rajusahu1989, Elliot can be used to become cautious at certain levels where it gives END of a wave. Price Action gives you BEST Results.
rajusahu1989
You closed it on friday session.?
NeelamN
@rajusahu1989, I closed only last week's expiry trade
rajusahu1989
@NeelamN, Please create a blog or chat room to discuss all this if it suits you. It will help many traders.
NeelamN
@rajusahu1989, Oh Dear ! I would love to help. I will give it a thought and how to manage along with office work...
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