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...

Tuesday, January 25, 2011

25.01.11

Long position taken at 5750 levels was stopped out.It was a high risk trade and the market proved it!!
A new channel (white) connecting the highs of the two down swings is drawn.The lower parallel line meets the EOD price.Will this support line hold well.Will have to watch on thursday....
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1 comment:

  1. veerJanuary 26, 2011 at 7:27 PM

    Hi Kavima,

    Nice trading set ups and system. I was busy with my office work and I could see only to-day. Thanks for educating.

    Regards,

    Veer

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