Trading with Median lines is a system and a leading indicator suitable for Swing trading.I am following this strategy for Nifty and Bank Nifty with good results.Those interested to trade with Charts and Price action to analyse target price, support and resistance levels will find this strategy very interesting.

Feedback welcome!Happy trading...

Thursday, November 24, 2011


Trade Chart worked out a target with 5 min chart

5 Min Chart Update at EOD

Posting Intraday analysis with notes. Magenta PF was drawn based on the low pivot at approx 61.8% R of the previous swing.There was a breakout above the retracement leading to the UMLH with a swift rise .

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