Nirvana - The Discussion

Bewinner

Well-Known Member
Hi sr114...

Look at the image at minifty...see how we can take trade based on LL and HH with the help of fibo retracement...
here till now only LL is generated 1st trade @5105 with the support of 5105 which is 78% retracement went to 5115 almost second is @5095with support, went upto 5105....
 

Bewinner

Well-Known Member
sr114...what an idea sirji...

second one from 5095 to 5118 almost though I took myself ot 5112-51113 as that time it was struggling to cross 5114
 

sr114

Well-Known Member
how this profit is generated with ur idea sr114...just see. may be not huge but through scalping it is also possible
in a rangebound day its ok to scalp thru, but u must put a protective sl at tle swing lo or hi tp protect ur capital.

BTW this is 2days trade, aqua square represent buy and HH or LL in clearly evident in the chart



sr
 
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