We call it just pullback not "retracement " since it just the reaction of profit booking by small scalpers and HFT firms and doesn't retrace the entire prior move.
@@prabuaction Time frame choose panikonga bro, nega endha time frame la trade eduka poringa target and SL strict ah maintain pananum...nan maximum 1:2 dhan
That’s all correct but what we want is where does it take a return,I.e retracing point. Can we predict when exactly it starts getting down and where it picks up again. Please don’t cost RSI& MACD indicators, even with them along with super trends and price action values we are not that much fully successful. This is my view and experience and have shared it.
Sir it's like catching falling knife 🔪, no one knows how much deep it will be go, ie if stock start falling from 100 and one think it will stop at 85 or 70 and buy some quantity what if it further goes down below 50 or 45? He has to do averaging the buying cost further and further it may help to short term traders like one week or 3.months traders but it will not help day traders.
Exactly correct sir, this strategy really good provided we have to wait patiently.
Friday mattum varathu sir, My experience le solren ❤
That day no expiri
We call it just pullback not "retracement " since it just the reaction of profit booking by small scalpers and HFT firms and doesn't retrace the entire prior move.
Dei venna Avuruku nee slikudukuriya 😂😂😂
It's me😁sir after many losses..this strategy works fine for me to getting consistent profit
Nanum neraya loss aaiten bro, enaku tips kudunga epadi profit la trade pandrathunu
@@prabuaction Time frame choose panikonga bro, nega endha time frame la trade eduka poringa target and SL strict ah maintain pananum...nan maximum 1:2 dhan
@@karthickkrt8327 1:2 meaning enna bro 😊
That’s all correct but what we want is where does it take a return,I.e retracing point. Can we predict when exactly it starts getting down and where it picks up again. Please don’t cost RSI& MACD indicators, even with them along with super trends and price action values we are not that much fully successful. This is my view and experience and have shared it.
Sir it's like catching falling knife 🔪, no one knows how much deep it will be go, ie if stock start falling from 100 and one think it will stop at 85 or 70 and buy some quantity what if it further goes down below 50 or 45? He has to do averaging the buying cost further and further it may help to short term traders like one week or 3.months traders but it will not help day traders.
Thanks
Welcome
Idhu Fibonacci ku theriyuma?😛