Nifty Entry ,Exit ,Target levels with Median Line Charts

Status
Not open for further replies.

4xpipcounter

Well-Known Member
LTT, I don't know know what there is to clarify. This total correction is limited to 4893--4939. In the 2 posts you gave, they were referring to an intraday move south, which was exactly what we got. The correction of the DOWN should continue but limited by the circa parameters that I mentioned, and with respect to this thread that Kavima also mentioned.


 

LivetoTrade

Well-Known Member
LTT, I don't know know what there is to clarify. This total correction is limited to 4893--4939. In the 2 posts you gave, they were referring to an intraday move south, which was exactly what we got. The correction of the DOWN should continue but limited by the circa parameters that I mentioned, and with respect to this thread that Kavima also mentioned.
Okay, I was a little confused on the various levels of the containment.

However, things are clear again after I got further explanation from Kavima :)

Thanks again to both of you.
 
@TIMEPASS
You're so prompt.I just posted my chart and you've thanked it..:)
Thks a lot for yr continuous appreciation.
These days I am very quick to notice and thank anyone who predicts more downside :D :D
 

LivetoTrade

Well-Known Member
This is so nice : Different systems, yet similar results.

Above 4800, the Ichimoku shows us a Tenkan at 489x area, the Moving Average around the 489x area, and Kavima's Pitchforks too indicate similar "R" areas.
 

Kavima

Well-Known Member
@livetottrade

That's what 4xpip always keeps pointing out.Ichimoku is still above my head
which i hope to learn someday.But I have also noticed most systems / methods point to the same direction in forecasting levels. But the success of the trader is to master his tools and use the levels effectively to enter and exit a trade.So many times, even well thought out trade plans go awry when we see the screen move out of our levels temporarily resulting in backing out of the trade, to find that it does go in our original direction .:annoyed:.
 
Status
Not open for further replies.