My Views, My Trades - My Posts

Friends
Something (may not be) new.

During last few weeks, while watching and glancing at charts (BNF) I observed and noticed that during intra movement, at some price levels/zones, BNF gives a good move say for 50 to 150 points or 80 to 110 points move, on an average.

And to some extent I have been able to judge such price levels/zones. Only thing, left is the direction of move. That one has to judge from his own knowledge and experience. I am not able to judge accurately (accuracy about 60/65%). Some 20-25% of time BNF started moving rightly but half way (suddenly) started moving the other side and about 15% incorrect.

What you say !!
 
Strange,
My this 100 points move theory (though it gives 80 -120 points, but I call it as 100 points move) didnt go well, with the fellow traders. :D
 

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