An up rally will continue till the priceline cuts the SMA 34 line in 1 month chart from above.
A down rally will continue till the priceline cuts the SMA 34 line in 1 month chart from below.
After that, the priceline may again cross back the SMA 34 line but the bulk of the rally is done. Also, the rally is definitely not over till SMA 34 line is cut!
Showing posts with label exit. Show all posts
Showing posts with label exit. Show all posts
Thursday, September 9, 2010
Sunday, September 5, 2010
Exit to Hell
Amateur Traders spend too much of time considering entry into the trade
whereas majority of trader casualties are at the
....Exit!
Thrown out of the flight too early!
or
Mauled at the door in the stampede!
Enterances never kill (rather they are designed to lure in the max croud)
All traps are at the exit.
whereas majority of trader casualties are at the
....Exit!
Thrown out of the flight too early!
or
Mauled at the door in the stampede!
Enterances never kill (rather they are designed to lure in the max croud)
All traps are at the exit.
Subscribe to:
Posts (Atom)