CESC M&M Finance VEDL Price Time Analysis

CESC Positional Traders can use the below mentioned levels Close below 1051 Target 1021/1000   Intraday Traders can use the below mentioned levels Buy above 1060 Tgt 1066,1072 and 1080 SL 1055 Sell below 1051 Tgt 1043,1032 and 1021 SL 1058   VEDL Positional Traders can use the below mentioned levels Close above 296 Target … Read more

Importance of Trading psychology in trading

Trading psychology contributes about 60% to success and position sizing contributes another 30%. Furthermore, most traders ignore the first two areas and don’t really have a trading system. That’s why 90% of them fail. First, I would argue that trading psychology accounts for 100% of success. Why? This conclusion is based on two findings. First, … Read more

How to trade ABCD Harmonic Pattern

The AB=CD or ‘lightning bolt pattern‘ Harmonic Pattern   AB=CD is a reversal pattern that helps you identify when the price is about to change direction AB=CD pattern is a four point harmonic pattern which may be considered the developmental basis for other harmonic patterns. A-B leg when a market is trending upwards, the first … Read more

Understanding Reversal Candlestick Patterns

 Lets discuss 2 Candlestick Pattern Engulfing and Kicker which will help you in understanding the reversal pattern. Bearish engulfing pattern: The bearish engulfing pattern consists of two candlesticks: the first is white and the second black. The size of the white candlestick is not that important, but should not be a doji, which would be relatively … Read more

The Power of Thoughts

By Remez Sasson One day, a yogi and his disciple arrived in the big city. They had no money with them, but they needed food and a place to stay. The disciple was sure that they were going to beg for their food, and sleep in the park at night. “There is a big park … Read more