Friday, May 17, 2013

BN, holding above 12970 continues to make new highs..poised to make an all time high.

Author: Ilango | Posted at: 8:19 AM | |


2 comments:

Unknown on May 17, 2013 at 12:51 PM said...

Dear Sir
I am trading bank nifty by following JNSAR10.
Can we trade Currency(USD-INR) & gold and silver by following JNSAR 10.
i.e. Can we trade Currency(USD-INR) by following JNSAR10 of that particular currency or commodity?
Trading rules can be
1.Trade with two lots.
2.Initial stop lose .5% of purchase price
3.Book profit on first lot at price plus 1% of purchase price. Second lot as & when sar triggers.
These are very rough rules, with your deep knowledge you can do some required modifications.
Pl. reply.

Ilango on May 17, 2013 at 5:54 PM said...

@ shaileshkumar mehta,

You have to research it by "back testing" with last one or two years data.

It should work.

Best wishes.

ilango

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