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...
Hello Mam,
ReplyDeleteFirst of all thank you for doing such a great technical analysis. Its wonderful to come every evening and understand the charts in your way.
Mam i am having few questions for you hope you don't mind in answering them:
1.) Is it nifty future chart or spot chart?
2.) Why did you removed the previous median lines like in 16th dated chart etc? Any specific reason or something different you feel in the chart.
3.) In your previous post than this, you mentioned about using moving average etc with median lines. Is it necessary? I mean in this chart itself you didn't used any moving average and just median lines and your targets and moves are perfect and good, so why we need moving average. (other than you mentioned the post itself)
I am learning some different TA but made my mind that after completing that one i will learn median line application.
Thank you again.
Regards