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Entry Point: The entry point is usually a component of a predetermined trading strategy for minimizing investment risk and removing the emotion from trading decisions. Recognizing a good entry point is the first step in achieving a successful trade.
Price Target: A price that, if achieved, would result in a trader recognizing the best possible outcome for his or her investment. This is the price at which the trader would like to exit his or her existing position so that he or she can realize the most reward.
Stop-Loss: A stop-loss is designed to limit an investor’s loss on a security position.
Moving average: Moving averages smooth the price data to form a trend following indicator. They do not predict price direction, but rather define the current direction with a lag. Moving averages lag because they are based on past prices. Despite this lag, moving averages help smooth price action and filter out the noise. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). These moving averages can be used to identify the direction of the trend or define potential support and resistance levels.
Consolidation: In technical analysis, the movement of an asset’s price within a well-defined pattern or barrier of trading levels. Consolidation is generally regarded as a period of indecision, which ends when the price of the asset breaks beyond the restrictive barriers. Periods of consolidation can be found in charts covering any time interval (i.e. hours, days, etc.), and these periods can last for minutes, days, months or even years. Lengthy periods of consolidation are often known as a base.
Swing High: A term used in technical analysis that refers to the peak reached by an indicator or an asset’s price. A swing high is formed when the high of a price is greater than a given number of highs positioned around it. A series of consecutively higher swing highs indicates that the given asset is in an uptrend.
Swing Low: A term used in technical analysis that refers to the troughs reached by an indicator or an asset’s price. A swing low is created when a low is lower than any other point over a given time period. Successively lower swing lows indicate that the underlying asset is in a downtrend, while higher lows mean it is in an uptrend.
Trade like a pro.
Just follow these fundamental terms and we can become a good trader.
see charts and full article at http://www.4shared.com/file/hB3-d5Hy/Price_action.html
based on above facts Crude sell call was planned for Rs 10000/- gain and worked well .http://dhanvarsha.in/crude-gained-rs-10000-per-lot/
Above article is prepared by Dhanvarsha student Mr Varun Kumar …
You may Join Dhanvarsha trading and prediction course to know more read at http://clientsviews.blogspot.in/2010/02/professional-charges-and-bankrs-details.html
Trade like a pro