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  #9301 (permalink)  
Old 24-02-2012, 02:03 PM
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Revised SL to short's entry @ 5508,now it is trading at 5474.55
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  #9302 (permalink)  
Old 24-02-2012, 02:07 PM
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Nfut broke low now low = 5468 ,it actually made a down move but confused me with a White candel.
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  #9303 (permalink)  
Old 24-02-2012, 02:08 PM
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Now again breaking low.
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  #9304 (permalink)  
Old 24-02-2012, 02:49 PM
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Originally Posted by uasish View Post
Expecting probably a down move upto 5460 ,now 5486

Now Low is 5456.25
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  #9305 (permalink)  
Old 24-02-2012, 03:11 PM
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Covered @ 5489.25
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  #9306 (permalink)  
Old 24-02-2012, 06:10 PM
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Monday an impulsive move expected ,as per intracharts.
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  #9307 (permalink)  
Old 24-02-2012, 06:27 PM
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Originally Posted by uasish View Post
Monday an impulsive move expected ,as per intracharts.

impulsive up or down
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  #9308 (permalink)  
Old 25-02-2012, 12:38 AM
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Well you may laugh but i have a tool to identify the initial stage of an impulse ,becoz my moto was to get an inkling before hand ,to get the direction right (am still working on that) it needs few more bars,hence have to wait.
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Old 25-02-2012, 12:22 PM
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Originally Posted by uasish View Post
Monday an impulsive move expected ,as per intracharts.

Originally Posted by MurAtt View Post
impulsive up or down

Originally Posted by uasish View Post
Well you may laugh but i have a tool to identify the initial stage of an impulse ,becoz my moto was to get an inkling before hand ,to get the direction right (am still working on that) it needs few more bars,hence have to wait.

BUT I AM NOT LAUGHING .. just thinking .. impulse .. and asking seriously da .. up or down ...

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  #9310 (permalink)  
Old 25-02-2012, 02:07 PM
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Originally Posted by MurAtt View Post
BUT I AM NOT LAUGHING .. just thinking .. impulse .. and asking seriously da .. up or down ...


In EW 1-3-5 r impulsive moves,it can be in any direction,unless we know 1 we cant say whether the subsequent move is expected up/down.Any stalling or base building or range bound is not an impulsive move however it can be an intermittent phase of an overall impulse,here in intraday chart i am yet not sure of the direction but i am relatively sure it wud not be stalling or building or range bound.Hope i am clear.

Last edited by uasish; 25-02-2012 at 02:10 PM.
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