Friday, August 28, 2015
Dow Jones - Price Cycle
Always i use to say....cycle has to complete...
Any market / Any script....rule will be obeyed...
Why Dowjones has not fallen below the cycle (Green Level)...it can't...
Again my challange...in the right time...we will sell Nifty and Dowjones...
From Green Level reversed now trading near the 1st Resistance Level....
Trading is simple.....we use to complicate ourselves (not us/our clients...we are clear) with so many indicators / news / moving averages and unwanted theories...
But, market is moving with simple way....just price cyclical...
We should develop our knowledge with patience...if you want create wealth in the long run...
Again, i am repeating....without knowledge, 100% no one can make money in this market for sure......
If you Learn and gain knowledge...market will always allow you to make money...
Crude - International Price Chart
Nothing surprise in Crude upmove....
Last week we have posted....crude trading near the last level and wait for trend...
Now...top intermediate level to be watched out 48.50 Dollar....
This is our homework.....we are neither bull nor bear....we are opportunist trader....
Market and Price Cycle is always right....all idiots are using sixth sense and loosing money.....
Don't use sixth sense....market is moving / behaving above sixth sense......
Use your brain and follow the price cycle....before trade keep all information in hand...
Learn and Earn....
If you are lazy and don't want to do homework...better quit trading...before loose your money...
Crude - Fantastic Reversal
Crude - yesterday, we have clearly mentioned, dip and reversal always buy...
Today samething has happened...fall and reversal above Green Line.....no looking back..
This is how, we should trade........no beggar kind of trades......
Always we should have - Entry point / Target and S/l.....either target or s/l........
No begging trade......
What a move...
Now...upto individuals to book profit....
Silver / Zinc all crossed Green and flying.....check our Green Line....Miracle Line..
Today is good for all commodity..
Only NG is pending....as such wait for opportunity in NG...same Green Line..
Cheers....
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