Positional Investment
by PRASHANT SHAH -
Investing Generally speaking, investment is made keeping larger time horizon in mind. It is a sensible approach to use higher box-values when time horizon is large. All P&F methods that we have discussed can be applied on larger box-value charts for medium-term or long-term investments; I am not repeating it unnecessarily. The earlier discussion about ... Read more
Short & Medium-term
by PRASHANT SHAH -
Various methods and techniques on P&F discussed throughout this book are applicable on all time frames and box-values. Even one or two things understood properly can make you trade any instrument successfully. A few strategies are discussed in this chapter from investing and trading perspective, to arm you with more ideas and use the ones ... Read more
Index Trading
by PRASHANT SHAH -
Nifty as per simple setup rules can be traded on lower time-frame charts. In other words, basic Double Top and Double Bottom patterns can be filtered by trend identification techniques like moving average. I recommend 5 absolute box-value for the same on 1 min time frame. Have a look at the chart below. Figure 12.3.12: ... Read more
Pattern-following approach
by PRASHANT SHAH -
Pattern Following Patterns that we have discussed can help us in analyzing the markets and instruments. A trading approach can also be developed using them, which is known as pattern following. Take a trade based on bullish pattern and exit when bearish formation is formed, or take a short position based on bearish formation and ... Read more
More on Trading
by PRASHANT SHAH -
Art of Losing Figure shown below is 0.15% x 3 cl P&F chart of UPL plotted on 1 min time interval chart. Figure 12.5.1: UPL-I futures 1 min interval 0.15% x 3 cl Point & Figure chart The Anchor point is drawn by connecting the two major points on the chart in the Uptrend. Let’s ... Read more
