Trading is nothing short of speculation and people who treat it as intelligent speculation have a fair chance of doing well.The posts in this blog are nothing but notes I am making for myself. I welcome serious discussion on TA from like minded people and willing to share whatever little knowledge I have of TA. Nothing on this site should ever be interpreted as advice, research or an invitation to buy or sell any securities.
TRADE LESS TRADE SMART!!!
Hit me with brickbats at mbhagra@yahoo.com
Hi Monaj,
ReplyDeleteNice chart once again.. I missed to see your post.. :-)..
I benefited from the ICICI H&S formation. booked nice profits :-)..
Is it wise to go positional long here?
Thanks
Gnana
manoj sir,
ReplyDeleteur mean reversion principle is very interesting, what bar moving average u take which we can use in 5 min or hourly or daily charts
Sekar...
ReplyDeleteSorry for not replying earlier...
Take cues from charts and believe in your analysis...
I get scared...really scared when people ask specific advise on taking positions....
Cheers!!!
Piyush
ReplyDeleteHi...its not my mean reversion principle...its something I learnt and follow....
As regards to MA's I am pretty lazy...I use 20/50/200 combo in all my timeframes...and they seem to hold me good....
Cheeers!!!!