I post my trading analysis here for educational purpose which includes my trading setups based on Trend from structural pivots, trend lines, RSI and other technical analysis tools.
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Thursday, 17 May 2012
Nifty 15 minute- taken EOD short trade
Taken short trade in nifty 15 minute time frame at the end of the day(at 4855) as its strongly closing below the fractal pivot trend line,stop loss is 4880.
What is fractal trendline, Sir?
ReplyDeleteHoi PPCOM, fractal trend line or fractal pivot trend line is the line drawn using fractal pivots.
ReplyDeletesee earlier post of fractal pivots in my blog.