Comments on Trading Steps: The Nifty gets a cool shower

Mr. Sudarshan, Yuo have given that your system gen...

2009-06-09T01:13:31.092+05:30

Mr. Sudarshan,
Yuo have given that your system generated a sell signal, could you tell uS what these were if IT IS NOT A PROBLEM WITH YOU, AND SAME FOR BUYING, secondly if you never got a square off signal eod would you have carried home the trade?

Mr. Sudarshan, It was really nice of you to displa...

2009-06-09T01:08:41.766+05:30

Mr. Sudarshan,
It was really nice of you to display how you traded, HATS OFF TO YOU SIR.
Regards,

I been a good student of TA.This is my suggestion ...

2009-06-09T00:06:36.002+05:30

I been a good student of TA.This is my suggestion on learning TA.

1) Get metatrader.
2) Visit www.mql4.com. Under technical analysis section you will find all the technical indicators and common trading strategies.
3)Visit www.stockcharts.com, click on freeschool.Learn the various strategies and there is a section in this site which has writings of various TA analysts.(This site is not about what to buy or sell). Dont miss john murphy's section.

4) Create a demo account for trading in forex and start trading. Get a feel of all indicators in the metatrader and start the journey. Its a long journey lot of people give up shouting "TA is fake", slowly and steadily you will understand the terms "Trend","Flat","Money management", it takes lot of time to get a grip and to understand "market always gives oppurtunities" it takes time. Needs lot of determination. The chances of success depends on the attitude. As far I have seen, if you love analysis more than the money you make through analysis then you will definitely succeed.

I started with a simple candlestick patterns tried various strategies and now I have a formulated these strategies to artificial neural network. I tell you its fun, if you know programming and TA you can build 100s of trading models. But the problem is its so addictive even while watching a movie or sleeping subconsciously you will be thinking on your trading strategy.

Even this site has lot of info on TA. www.forex-tsd.com and www.forexfactory.com.

Sir, u think this is the onset of global market co...

2009-06-08T22:53:11.034+05:30

Sir, u think this is the onset of global market correction. If one sees the strength returning to dollar, one can conclude that. According to fractals and elliot wave, markets may correct till mid june (or 16th/17th june) and from there, the next bull run starts.

Lastly, whenever u do take classes in Delhi, please let us know.
Ashish

Sir, can u plz share about how you traded todays 1...

2009-06-08T22:45:27.145+05:30

Sir, can u plz share about how you traded todays 150+ fall. What type of signals u traded with. That would really help in understanding about how do our mentor take short positions in Intraday falling market...? Do rply in any of your posts plz...
Junaid.

Just checked the TAINDIA site...there is no post.....

2009-06-08T21:49:47.708+05:30

Just checked the TAINDIA site...there is no post...can you please confirm the date when we will have an update

Anand Rathi

sir, Being a layman, I am scared. What should my ...

2009-06-08T20:51:09.781+05:30

sir,
Being a layman, I am scared. What should my target in NIFTY be - 9465 or 550?
Expecting a simple one word(number) answer.
Please, come to our rescue.