Tuesday, May 17, 2011

Nifty Weekly Chart !!!


I'm reading: Nifty Weekly Chart !!!Tweet this! Posted by Trade Less Trade Smart at 8:58:00 PM

3 comments:

  1. alphabet1May 18, 2011 at 7:49 AM

    It is news time again.
    With charts, now starting to learn how to hear TV CNBC. (Lehman crash was predicted on news following, not on charts). Is something cooking somewhere?

    Meantime Vix is down on eod. The ominous HnS pattern did fail last time with devastating effect on my balance sheet.

    ReplyDelete
  2. Tryin2TradeMay 18, 2011 at 8:20 PM

    Hi Alphabet1

    News or no News a pattern is a pattern and then there are way to trade it and then there is also full chances of it going bust at times...

    All we have our STOPS protecting us if our interpretation of the chart signals is not in tandem with the following price action....

    Something all traders learn2live with!!!

    Cheers!!!!

    ReplyDelete
  3. alphabet1May 18, 2011 at 8:51 PM

    Hi,
    Yes i have since learnt form my mistakes..
    All news do get capture in the charts..I agree.

    ReplyDelete

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