Sunday, February 28, 2010

Trading Brahmaastra! (Level II)

To take the Trading Brahmaastra one step up to level II,

remember that the first higher low (in case of upmove)OR lower high (in case of down move) (and hence the trading signal) generally appears:-

1) near highs and lows of the day OR

2) when breaking a dull range OR

3) to reverse from support and resistances OR

4) to break support and resistances OR

5) while breaking a trendline (EMA 50/10) OR

6) at sharp pencil-heel v-shaped support pillars after sharp falls.

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A) so be ready when near highs and lows of the day OR

B) be ready when in a dull range OR

C) be ready when near support and resistance, OR

D) be ready when the support and resistance is broken OR

5) be ready when a trend has extended too long (EMA 50/10) OR

6) be ready when there is a pencil-heel v-shaped sharp fall.

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