Gold may reach All time high in coming days.Analysis of Gold has been given in the chart,
What we need to understand over here is small/minute details
which plays a very important role.
There is this plain thinking or myth or possibility that I've heard
is that When Gold price shoots up equity market goes down.
I am observing this for quite a long now,
so sometimes it works and sometimes it doesn't but what we can extract from the data is helpful, it works 80%of time.
Just to keep in check we can take trades according to this type of significant analysis.
PS: This is just for educational purposes.
If you have any doubt feel free to reach out.
Regards.
Smarttrader
APOLLO HOSPITAL :A very Low risk setup Well, as we can see in the chart the price is constantly taking multiple support from the Ascending Trend Line(TL).
The logic here is very simple, as the price has come to the same TL, we can enter with a minimum risk.
Those trades are the best in which risk is very low and returns are almost 3 times or 4 times.
RISK : 2.25 %
RETUNRS : 8.40%
Best of luck everyone.
Enter only when we are 100% confident.
HIGH AND LOW STRATEGYIN THIS VIDEO I HAVE SHOWN SOME IMPORTAND POINTS REGARDING HIGH AND LOW STRATEGY
-High / Low strategy: Key Points
-Understand the Direction of Market / Stock
-with previous Day candles High & Low
-Stock Selection: 2 to 7% work well with 52wk High/Low
-Mark Support and Resistance in a Day time
-Then check in 15 mins time frame frame
-Keep SL as days low just before the Breakout/Breakdown
-TGT can be Previous High or 52wk High and above (Use Support and Resistance)
Do's & Don't
-Preparation: After Day ends or Before Market Start in the morning
-Risk Reward Ratio: can be 1:1, 1:2 and if you are lucky then 1:3
-This Strategy works only after 10 AM and before 3:00PM
-Stick to the system for SL / TSL
-Breakout / Breakdown : Entry in the trade after Breakout / Breakdown next candle.
THIS ARE SOME SIMPLE AND IMPORTANT RULES OF USING THIS STRATEGY
WORK ON FOLLOWING PONTS WHICH I HAVE MENTIONED IN ABOVE AND TELL ME YOUR RESUTS IN THE COMMENTS BELOW ALSO DONTS FORGOT TO LIKE AND SUBSCRIBE THIS YOUTUBE CHANNEL AND ALSO SHARE THIS VIDEO WITH YOUR FRIENDS
.
.
.
.
THANKS FOR WATCHNG.......