Nifty gaped down. BRN 5000 gave support. BOF of the range high gave a with the trend short signal. FTC at DB, LOD gave a CT long signal. TP at PDL.Missed the 60 point move beyond PDL
How to catch range expansion, as increase in volatality essentially means range expansion. RANGE EXPANSION IS MOST REWARDING DAYS.PWC/PWH/PWC (pw: previous week) may help, your suggestions, if you have experimented
And what you mean by BRN as it is not listed in glossary
Your descriptions of various decision points is good.. Wish there is a way to standardise & capture all these points beautifully in existing charts which will make decision making a joy in trading.. Please let us know what is BRN?
How to catch range expansion, as increase in volatality essentially means range expansion.
ReplyDeleteRANGE EXPANSION IS MOST REWARDING DAYS.PWC/PWH/PWC (pw: previous week) may help, your suggestions, if you have experimented
And what you mean by BRN as it is not listed in glossary
regards
shai
Your descriptions of various decision points is good.. Wish there is a way to standardise & capture all these points beautifully in existing charts which will make decision making a joy in trading.. Please let us know what is BRN?
ReplyDeletesometimes i might learn your technique....not now as i am not into day trading....thanks for all posts
ReplyDeleteUK
ReplyDeleteSorry, I have no idea
BRN is Big Round Number
ST
Kranti
ReplyDeleteI do not draw these lines while trading.
BRN is Big Round Number
Big Round numbers are trader decision points
ST
Jonak
ReplyDeleteLearning is difficult
Unlearning is much more difficult
Still struggling to get rid of the crap accumulated over the years
Thanks
ST