Bro dont want to question TA of you or anyone else but small brain tell me one thing if we people can read chart are those with smart money are Idiots
They know where is shorts sl and where is longs u saw todays short covering after around 1pm all know 4850 is good resistence but smart money will take mkt upside to 5000 then short covered and all shorts unwind then they will see ohh Majaak Majaak mein bahut door nikal aaye and U turn will come from there:rofl:
again telling its what my sixth sense or tukka or experience says but that never made me sad and I am proud of it but it can b wrong too :rofl:
so trade what u see never what u feel if TA follower follow chart if not
Jai Mata Di
They know where is shorts sl and where is longs u saw todays short covering after around 1pm all know 4850 is good resistence but smart money will take mkt upside to 5000 then short covered and all shorts unwind then they will see ohh Majaak Majaak mein bahut door nikal aaye and U turn will come from there:rofl:
again telling its what my sixth sense or tukka or experience says but that never made me sad and I am proud of it but it can b wrong too :rofl:
so trade what u see never what u feel if TA follower follow chart if not
Jai Mata Di
I like the simplicity of your trading, to me it seems that u have that sixth sense of understanding the psychology of market participants.. which TA guys try to read using indicators.
Keep it simple...
I am also watching this upside retracement and will trying to see if it is retracement in downtrend or reversal of uptrend again.
US mkt has been showing great strength during market open/ 1st half and then it gets punctured by the close. It is happening from last 3 days..
I am sure, you know what it indicates about the mkt undercurrent and smart money..
Happy Trading
