Monday, January 4, 2010

Hiatus

Hello folks!
I am really sorry I haven't been able to post for the past few months. I was traveling, then had a really busy few months in which I was not able to post much. I was, however able to keep trading. I have evolved my strategy a little bit.
Here is the updated version:
Essentially, you still have to wait for a gulzaar signal, but once you get it, dont trade from the hourly or 4 hour charts. Open smaller term charts, like a 5 minute or 15 minute, and trap price using intra-day support and resistance. Once that trap/trendline breaks, it will allow you to get in with a proportionately smaller stop loss, and will let you move the stop to break even very soon to create a risk free trade.
I will try to post very often.
Thank you for continuously visiting!
Gulzaar

0 comments:

Post a Comment