In case of an up rally,
say "No" to shorting indications such as RSI crossing 85 or even more!
say "Yes" to any indication to go long without a hitch such as RSI falling to 40-30-20!
Going short at every high bend inside an up rally can be dangerous and very less profitable.
Going long at every low bend inside an up rally can be least dangerous and highly profitable.
In case of a down rally,
say "No" to all indications to go long such as RSI falling below 15 or even more!
say "Yes" to any indication to go short without a hitch such as RSI rising to 50-60-70!
Going long at every low bend inside a down rally can be dangerous and very less profitable.
Going short at every high bend inside an up rally can be least dangerous and highly profitable.
In case of a range-bound movement,
say "Yes" to all indications to go long or short without a hitch!
Follow this simple but magical advice and your profits will double and losses will become quarter of whatever they are as of now!
Happy Trading!
1 comment:
Sir, I am always in losses, i tried to trade IFCI using W%R and RSI hyposthesis.
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