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...

Friday, September 23, 2011

23.09.2011


Hour chart update

Median lines encased today's levels perfectly!Todays low was 4830 and high was 4930 ....
Another retest is possible to the 4930-4960 range before further fall down.breakdown of the
the pivot formed at 4830 will be another entry for Short position.

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