Wednesday, August 13, 2008

T A : FAKE OUT

yesterday and today are very classy examples of typical fake out by markets.. smart market participants who generally are big money like INSTITUTIONS/HNIs , etc normally tend to take markets higher than their tops or lower than their bottoms and then comes the sudden reversal which takes the markets quite far from where it was supposedly going thus causing pain and loss to smaller /retail participants.this normally will happen at the end of a trend which will confuse all those who never participated in the major move and now are keen to get in..do study this move of yesterday/today.. u will find so many similarities. from the past... LESSON IS: DONT ENTER AT THE END OF THE MOVE. cheers

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