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T For Trading
Started: by devdas Views / Replies:58,046 / 1,132
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T For Trading

  #1131 (permalink)
 Vendor: www.edevaay.com 
Al,India
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: RKG
Favorite Futures: NiftyFuture
 
devdas's Avatar
 
Posts: 1,546 since Feb 2010
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It can halt near 8650....a resistance level from last year July-August....

I dont remember my trades from last week....it seems always funny to me to think of past far levels....
but unfortunately thats the basis of TA....


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  #1132 (permalink)
Trading Apprentice
NYC, NY, USA
 
Futures Experience: Intermediate
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Resistance or support?

As a trader...certain factors or words traders use are illusionary, not reality.

"Here is major resistance" "major support" level 1 level 2?

If institutional buying is to bid past a level, its going bid and if no major institution is offering more than the bid, its moving beyond.


Time will change a trend at the exact second, despite a level, emotional value, volume, momentum, and distance.


Consider the value of what was mentioned.

Keep up the journey.

Just sharing some thoughts...that may help.

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  #1133 (permalink)
 Vendor: www.edevaay.com 
Al,India
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: RKG
Favorite Futures: NiftyFuture
 
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Posts: 1,546 since Feb 2010
Thanks: 1,445 given, 1,650 received


Fool-Analysis

Is it so strong......?......how dare it not visited cloud in last 5 months.....


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