Source: http://niftyrangetrader.blogspot.in/
Make these kind of templates and stick them up near your desktop computer or maybe on a wall where you will see them everyday.
At market bottoms look for bullish candles and at market tops look for bearish candles. A good BOF generally follows this.
Make these kind of templates and stick them up near your desktop computer or maybe on a wall where you will see them everyday.
After the open the market goes in a TTR and suddenly breaks out violently leaving you without a trade. In such cases, you can place buy stop or sell stop order and thus you will not miss a trade.
The one below will help beginners who have just started trading decision point method. A pair of 8x21 ema's can do a fantastic job of picking up good trades. The advantage is that it eliminates the thinking process a bit and becomes kind of "auto" - once all the conditions are satisfied, go and make the kill.
The one below will help beginners who have just started trading decision point method. A pair of 8x21 ema's can do a fantastic job of picking up good trades. The advantage is that it eliminates the thinking process a bit and becomes kind of "auto" - once all the conditions are satisfied, go and make the kill.
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