23/03/2014 Sunday
Hi,
Any trader who follows Pivot and Fibonacci levels and its cluster properly (Intraday or EOD) can easily earn 20 points in NF daily, now that sum's upto 400 Nifty Points Monthly.
Calculating Pivot and Fib on previous swing gives us the over all picture of
Trend and Target along with known clusters of Support / Resistance.
Now since we already have Main Trend and Target levels, coinciding them with Daily Pivot and Fib levels gives us...
- Area of Daily Trade
- Target
- And the Stop Loss
The above 3 details are the only thing every trader wants on Daily Basis.
Most of the time market follows its path (Trend and Target) which always increases our Capital.
At times when market trades in opposite direction to our Daily calculation our forecasted tight Stop Loss is always there to Preserve and Protect our Precious Capital.
Every Trader, Futures and / or Equity, Intraday and / or EOD should follow the above Simple Strategy and then over lay them with market experts views. You will always know where you are in the overall market Trend and you will never lose sight of your Target.
The whole world is following them, so there is no way that the whole world could be wrong. What else does a Trader needs.
Bye