Thanks for the chat and for your answers. This chat surely helps all who did miss the big moves today and asked them self what they did wrong. Many now surely analyze the candles and the charts and there system and there psyche and so on. To take stress and frustration away from those: As you say: It needs experts in day trading to nail such moves and to become such experts a trader needs huge experience.
It means, even though I did not get profit from market today, i get profit from the best teacher "Experience". And now I am one step closer to the big league
governor cant run the show..:annoyed:...its the finance ministry which is the master and indian economy is in tatters to be clear.......this market is going to below 5000 soon...
discaimer : m FII .......:thumb: faltu investor of india
@TR...........you never forget.......finance ministry bring him.........they ....surrender in front of him...........Marne se pehele zinda raheni last kausis......kia....Manmohan ne (another genius, not political )it's an inside news......:thumb:
@ TR...Now we have international star..........He was doing Ph.d in 1991........worst time of our Economy.....Now he is the RBI Governor........Ye tu trailer tha.....lots of drama coming soon.........
Rather you should track the USD Index itself . This will make the picture of USD more clear. Just before the opening of Indian market you may track the USD index . If USD Index is green , trouble for INR and if USD Index is in red , then sunny day for INR.
this picture tells only half the story........as in most of the profitable trades I exited @ cost.......at least in 9 trades profit was > 20 points , booked profits in only 2 trades , 1 exited in loss, other exited at cost.........so have to rectify this problem ASAP.........