[amibroker] Re: Reliance chart for daytrader

["Natasha !!" <dynomitedoll@xxxxxxxxxxxx>]

Title: Feline World: Art of Nicole Jahan, Stationery by Cloudeight

 

   hello,

 

                   Note todays market was down but only the below stock went up 1.7 % after hitting the stop loss (red moving average ) mentioned and had a reversal  from there but then the market is dynamic and  so should be the position especially for daytrading and the trade discipline mentioned  below clearly states that position should be taken when the stock shows signs of revival.My bad luck i wasnt in

the markets the whole day .proverb observe discipline .Its the key to a smart trade and huge profits.It is not your indicators or signals.Its all in the timing and positioning.

                  

                    The below is post market chart  14 july 2005 for reference.

         

              (software used amibroekr)

 

-- N !!

 

          

 

    

 

----- Original Message -----

From: Natasha !!

To: technical-investor@xxxxxxxxxxxxxxx

Sent: Thursday, July 14, 2005 8:46 AM

Subject: Reliance chart for daytrader

 

Hello,

        For daytraders Reliance:

                   Note our market is too dynamic nowadays so for daytraders find chart of

Reliance as below can go long with the following discipline :The indicator below is a triple

smoothed trix.Go long with the price below 630 and when stock starts to show signs of revival

and a stop loss 622.5 which is the red moving average.

          Target is up to your apetite , but the trix is a very fast signal shower for a daytrader .

 Also note: Share trading entitles a large amount of risk .If u make using this chart u arent going to

treat me for a cup of tea and if u dont make neither am i but i will foreever be posting here and so

will u so good luck  .

               Note the signals have not gone wrong for the entire duration of what is visible but there is

always a first time.

 --- N !!

                         

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