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...
nice updates...so do u think we are going to see some obstruction at 5500...next question....do u think we may really go on to see new highs...if u construct a wolfe wave in DEFTY....then u will see that target is very high...surpassing the last higs.....
ReplyDeleteHi
ReplyDeleteAt 5500+ levels there could be a pause..and then a further up move to test the earlier highs is my outlook with the chart....looking at global cues ,looks like we'll gap open again today!!
Dear Kavima,
ReplyDeleteLoving your blog....
can you plz tell me how to draw APF on ICHARTS, do you draw manually all the lines on the charts or is their any way to draw auto by just selecting 3 points as in metastock...... kindly reply
hi kabir
ReplyDeleteI draw the lines manually for the APF.You can use the fib tool to get the midpoint for the swing to draw the ML.In Icharts add margins to the chart for extending the PF.Only issue in icharts the lines get slightly displaced/skewed the next day and have to be moved manually to get the original alignment.
Thanx Kavima and keep up the good work......
ReplyDeleteregards
kabir