Tony Beckwith
04-17-2007, 05:10 AM
Hello to traders in India
Today's session sees a still-open short trade in the Nifty index futures.
A standard Decision Point (DP) trade; price swings to higher high but indicator shows bearish divergence (potential sell pressure); price resistance; red sell bar;at least +2x risk/reward at downside target...
Result: still open, with +4.9x profit protected by the trailing stop.
To find trades like this, contact our Pune distributor sales@alliedsoftwares.com
Thanks
Tony.
Today's session sees a still-open short trade in the Nifty index futures.
A standard Decision Point (DP) trade; price swings to higher high but indicator shows bearish divergence (potential sell pressure); price resistance; red sell bar;at least +2x risk/reward at downside target...
Result: still open, with +4.9x profit protected by the trailing stop.
To find trades like this, contact our Pune distributor sales@alliedsoftwares.com
Thanks
Tony.