May 27, 2010


  • RUSSELL 2000 GAVE A TREND LINE BREAK TRADE WHEN IT BROKE AN IMPORTANT TREND LINE IN 30 MINUTES.
THANK YOU

2 comments:

  1. Sir,

    What a beautiful analysis. Hats Off. Already Asian index is in Red. If goes up shorting is better.OK ??

    Thanks
    Bala

    ReplyDelete
  2. @BALA

    As long as it trades above 4920 it is ok. For shorting this up move should not cross 4942 and start coming down below 4920. Keep the day high as stop loss for doing that.

    ReplyDelete

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"All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis."
—Jesse Livermore