Hi Vaibhav,
From last few days, any system is not working fine because of whipsawed market and volatility...some time -100 then next day +50 again +30 then ......
when market was closed @ 100+ then every Technical System started crying BUY BUY...but the next day itself it fallen -50 Points.
But while studying price action i found some quite interesting results...it is high probability setup for swing(2-3days) rather then chart.
so these days rather than trading i am studying more about price action and "how a swing trader can survive in these type of market"...and believe me price action is one of the best way to understand what is happening...
:clap::clap::clap:
-DC
From last few days, any system is not working fine because of whipsawed market and volatility...some time -100 then next day +50 again +30 then ......
when market was closed @ 100+ then every Technical System started crying BUY BUY...but the next day itself it fallen -50 Points.
But while studying price action i found some quite interesting results...it is high probability setup for swing(2-3days) rather then chart.
so these days rather than trading i am studying more about price action and "how a swing trader can survive in these type of market"...and believe me price action is one of the best way to understand what is happening...
:clap::clap::clap:
-DC