RafaelZioni

NIFTY Bank my two cents

Education
NSE:BANKNIFTY   Nifty Bank Index
So the Long trend is very bullish so we are in a good trend up
the short is sell on the 4 hours rsi
i will enter when the rsi start to go up
my system of trade is easy
the long trend i use EASY stock indicator
The short trend I use Smooth rsi inicator.
So when long trend is postivte. i just go long and exit when rsi start to fall (see the high mark )
this is design to get max from a bullish round
when we are in oposite situation , i just do the oposite (not long but short ) and exit out when there is a small trend up
the logic behind such system for daily trade is simple
in bullish market we want to buy ...in bearich market we want to sell:)
this is example of how to use two free indicators to get the best from market situation to your benefit
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