www.niftydaytrader.com Performance Statistics 20 March 2012 attached.
Other Comments:
By the close, NIFTY exhibited a Bullish Harami Pattern. Let us learn what this Pattern is.
The Harami Bullish Pattern is characterized by a small white real body contained within a prior relatively long black real body. 'Harami' is old Japanese word for pregnant. The long black candlestick is 'the mother' and the small candlestick is 'the baby'.
The smaller the second candlestick, the stronger is the reversal signal. The shadows of the second candlestick do not have to be contained within the first candle’s body, though it's preferable if they are. Pattern needs confirmation on the next candlestick.
We are very close to launching of our Position Trader. The date, trading rules, subscription rates...etc will be announced shortly. Attached herewith a sample. It will be the Day Trader-Position Trader Combo, so that, you save on subscription. You can then use it for day trading, Position trading and, of course, you can then take an informed decision to carry forward your day trading position for the next day.
Warm Regards
MS
