Hi,
As I had promised earlier today, I am presenting the answers to the questions that arise from y earlier post.
I am showing the charts with signals. A green ellipse indicates a buy signal whereas a red ellipse indicates a sell signal.
Please remember that I have shown the signals for important trend reversals only.
Apart from these signals, there are some other small and insignificant signals also. Some of these insignificant signals are correct and are going to result into your profits. However, there are some other signals also which are false. They are definitely going to result into your losses, which you can minimize by using the stop loss.
he main reason for not showing these insignificant signals in my answers is not that some of them are false. It is the non-availability of enough chart space. You would not have understood the significant signals correctly had I shown the insignificant signals also in the charts.
I hope you understand my motive.
Anyway, Let us now see the answers. Do let me know about your comments on the same, which you can share here on my blog provided you have a Google Account.
I hope that you find these answers helpful and interesting.
Do give me your feedback on this blog.
I wish you all a successful trading in stock markets.
Thanks and regards,
Hemant Kanade
As I had promised earlier today, I am presenting the answers to the questions that arise from y earlier post.
I am showing the charts with signals. A green ellipse indicates a buy signal whereas a red ellipse indicates a sell signal.
Please remember that I have shown the signals for important trend reversals only.
Apart from these signals, there are some other small and insignificant signals also. Some of these insignificant signals are correct and are going to result into your profits. However, there are some other signals also which are false. They are definitely going to result into your losses, which you can minimize by using the stop loss.
he main reason for not showing these insignificant signals in my answers is not that some of them are false. It is the non-availability of enough chart space. You would not have understood the significant signals correctly had I shown the insignificant signals also in the charts.
I hope you understand my motive.
Anyway, Let us now see the answers. Do let me know about your comments on the same, which you can share here on my blog provided you have a Google Account.
I hope that you find these answers helpful and interesting.
Do give me your feedback on this blog.
I wish you all a successful trading in stock markets.
Thanks and regards,
Hemant Kanade
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