Saturday, August 13, 2016

12 - Aug - 2016 (Crude)


3 comments:

  1. Thanks. Whether the candles from 19.23 to 19.35 in 3 minutes formed a MSP and when the price crosses 20.26 a trade could have been taken ? Is my thinking correct though I have not taken ?

    Regards,

    Veer

    ReplyDelete
    Replies
    1. Veer,

      Its not MSP.. MSP is something on crack of which present trend reversal will start.
      Check more here https://niftynirvana.blogspot.de/2012/12/major-swing-pivots.html

      I am not following ST sir concepts as learned back then, with help of URD I fine-tuned the method as suites me and here is my Trading Plan
      https://onlyniftyy.blogspot.de/2016/08/daily-trading-plan.html

      This helps to reduce my screen presence time drastically, I rarely watch market more than 30 minutes in a day.
      This way, I may be trading less... but winning percentage goes high.

      Also with less screen presence time, I am able to manage crude evening session and my office work parallel.
      Whole thanks to URD Ji!

      Delete