13th March 09

Hi Guys,

Yesterday markets kept oscillating between my M1 & M3 levels and should have given enough points on both sides.

From a swing perpective, if we get a positive closing on EOD charts, please open swing longs. I would also like to share my personal method of trading swings which ensures massive returns....

For each swing, I trade 4 lots. I book incrementally i.e book 1st lot at 2.5% returns, 2nd lot at 5% returns, 3rd lot at 7.5% returns & last lot at 10%. We might have to exit all lots in between if an opposite signal comes.

For eg If I have shorted 4 lots at 3000 ... I will book 1st lot at 75 points profit, second lot at 150 point profit, 3rd lot at 225 points profit and last lot whenever i am getting 300 pointsIn case we get a reversal signal after 150 points... we will book all 3 at 150 points each and go long....

So remember ... if its closing as a green tick today on EOD go long!!

Intraday magic levels for today
NF - 2570, 2605, 2635, 2665, 2690

Cheers
SH