ST sir you once jokingly remarked that if there was a holy grail to trading it was moving average, sir was there something more to it that should be understood.
Thanks
Regards always
Vivek
Chart says we are heading towards 7575......(Feb series) Now China Chart Shows we are heading to 7275 again..........ST sir haam keya Dekhe Chart or China.....
The chance of going in green is less, I dont think it will go in green. My reading was for 7400 for yesterday. (But NF managed not to reach 7400) And below 7400 to touch 7373. Now SGX is at around these levels and if SGX breaches these levels then it may reach 7300, no doubt about it.
Chart says we are heading towards 7575......(Feb series) Now China Chart Shows we are heading to 7275 again..........ST sir haam keya Dekhe Chart or China.....
ST sir you once jokingly remarked that if there was a holy grail to trading it was moving average, sir was there something more to it that should be understood.
Thanks
Regards always
Vivek
I don't remember which context I said that.But holy grail in my view is having a system with over 50% success rate and a reward to risk ratio of min 2:1.There are some excellent MA based methods though.
It may be viewed as afterthought but if you see yesterday's fall and then feeble rally,it was pointing towards a further fall....yesterday it looked like a spike and ledge pattern downside.