Tuesday, November 3, 2015
USD INR - Knowledge based
USD INR closed above our Miracle Level Aqua and Rupee has depreciated, now target is 66.14...
Ask your self ?
Why RBI / Finance Ministry not able to control the Rupee Depreciation ?
Because, it never bothered about anyone...it moves as per cycle....Price cycle doesn't know RBI Governor / FED Chairman....price knows only cyclic pattern...,
Learn and Earn.....
Trading is simple, but, always we use to complicate the trade..
Moreover, nothing can be achieved overnight....trading and making money is a process....
101%, no one can make quick money in this market.......this is for sure...
I have seen in last 20 years..so many traders (intraday players) lost money and lost confidence level...because...their approach towards market was without knowledge and gambling....
Knowledge pays you, Gambling kills you...
Gold - Follow Up
Gold international price 1127 is our target..it is nearing to the same..
Moreover...in MCX Gold hit our First Target 26233.....positional short initiated at 27021......
Almost 800 points travel from top......what else....1 trade per year enough to make good money....not necessary to trade each and every minute and everyday..
Below is MCX Chart
Close below...what is next....read the chart.....let us book profit now...
Nifty
Nothing surprise on Nifty...as said...validated the bottom and reversed...
Now...top level to be watched out 8145....
We are in the right Track......
We are neither "Bull" nor "Bear", we are a opportunist trader.
Don't Read market too much..you will get confused...Simple Logics will always generate good money....
Don't Read Economic Datas, all are fabricated by politicians.....
Inflation / GDP / Interest Rate Cut all are useless numbers for your trade....all are manipulated...
Read the chart...which is in your hand and in your control....
Take Care..
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