Trade with care
Thank you for your support.
If you ask where to enter don't trade it .
If you ask where is the strop don't trade it.
If you ask is it a break out don't trade it.
This all means you don't have a plan and no strategy so you are not ready to be a trader. You are not ready to take responsibility for your actions.
Win or lost, you should be ready to take responsibility because you should have done the necessary testing ands know that your strategy allows such .
My post is only giving you a sense of direction as yo where my analysis say it should go .
Training : add to skype mangal457
I wonder if the person that say this, really knows what is a breakout.
I never saw someone explaining a breakout, only the same speech
"eeerrrr.. if you eerrrr dont know what is errrrrr.. breakout eeerrr.. do not trade live"
Look at every chart Mr. Anil has posted on Tradingview and one will see consistencies. Instead of being jealous, then appreciate that there is one person who is committed to teaching us amateurs a thing or two. Thank you Mr. Mangal for your free knowledge and helping me becoming a better trader.
His trading style is based of ''Elliott Wave Theory'' and that means there are ''STRICT RULES'' one has to be familier with and if all ''The Einsteins around'' have problem with his strategy- then stay away and leave the gold for us.
i m still convinced that there is something that doesn t care about sctructure, waves, fibs, or whatever - (but i m only a novice trying to understand what is happening on the charts)
nevertheless it is undoubtful that this kind of trading shows marvelous results if you do really understand it...