Lesson from "Trend Indicator, MACD"
For traders & Investors, it suggests inherent bias:
+ve when up & above trigger & every fall gets bought into.
-ve when down & below trigger & every rise gets sold into.
Keep in mind always, your success rate would continue to climb higher🙏
More from Van Ilango (JustNifty)
You could choose to make yr entries IF in Hour t/f, it closes above mid point, 13Sma- Your choice
Elliott wave alerted to termination of "ABC" correction at 2540-2550; Now, with "i" & "ii" almost done, would be looking for "iii"rd https://t.co/rSbLlguwp1
Bollinger band has been a trusted guide with the settings of 13sma & 2 std deviation. Add to it 5 & 8 smas and it works in all time frames.
— Van Ilango (JustNifty) (@JustNifty) September 29, 2020
Start from week & Day for investments; Hour & 5 minute for intraday.
Experiment initially; you'll still need other tools to read the mkt\U0001f600\U0001f64f pic.twitter.com/yEkHiDHiha
Simple: When 13 moves above 21 in "15 Minute t/f for Intraday only", BUY
When 13 moves below 21 in "15 Minute t/f for Intraday only", SELL as in a SAR system
Master just one doubt about the re-entry part
— Sunny Singh (@SurendraSinghJi) February 10, 2022
You mentioned to re-enter at 17430 levels.
How to initiate the trade at the lowest point when the candle is in the formation mode.
Is it that when the price touches 21ma we should entry longs till 13ma is above 21ma.
Show path \U0001f64f
Addl.strategy: When prices move far from MA, say 150 to 200 pts, "Part book" & re-enter when prices pull back to MA
Choose to do this way 1 or 2 times only for intraday
Idea is "Mean Reversion" - Prices tend to move back to MA IF they move far away from MA in a trending phase.🙏
I'll go with 5th is getting done soon.
There is one more possibility that 3rd wave is sub-dividing !!
IF so it must hold last rise #retracement https://t.co/a6BBHIWrZk
ROLEX RINGS
— manav (@manav1418) June 24, 2022
Elliot counts (possible scenario's)
Which wave count is correct as per you\U0001f64f
please guide....!!@nakulvibhor @nishkumar1977 @JustNifty @piyushchaudhry @KrunallThakkar pic.twitter.com/h97J8Ycuf5
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