The above Crude chart is self-explanatory....
All markets in this earth has to move in this fashion...because price is nothing but universal number...has to obey the Natural Cyclical Turn...
No way News is playing any role in the price action...
News will follow the price.....Price will never ever follow the News..............this is 10001% for sure...i can challenge and prove....
Ask yourself....why crude has fallen from 107 dollar to this level....
My answer is, very simple...price cycle...
Crude almost 4 entries.....minimum assuming 100 points per entry.....400 points profit...that is Rs.40000/- per lot
2 entries from Bottom Buying and 1 entry buy above aqua and 1 sell entry below aqua.
Ask yourself...whether you have made Rs.40000/- profit doing daily trading ?
Ask yourself...whether you have traded with confidence based on indicators ?
Ask yourself....whether any buy/sell signal has given 600 points without any problem ?
Ask yourself....whether so called 200 Day Moving Average has given any indication of reversals ?
I hope answer may be "Negative"
Atleast now change your attitude....try to learn...otherwise quit from this profession.
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