>Displined Trading(Van Tharp)

Discipline Factors

Respond-ability
Beliefs
Low self-esteem.

“I would feel much better about myself, if I were more secure financially."

Feelings getting in the way of trading or investing. Fear and anger are not useful to
trading success.
Conflicts between internal parts of ourselves. For example, conflict might occur
between your excitement part and the part that wants to make money.

Download and read the ebook from this link....Displined Trading(Van Tharp)

Regards
Rish

>SBI analysis

Hi friends,
This is my second post on SBI ,I feel SBI is one of those INDEX stocks
which are following Elliott wave Theory with perfection,Can check my last post on SBI
here.... SBI Autopsy. Getting back on present situation of SBI.

It looks like SBI again making a 5 wave structure from dun 1200 levels
and presently trading is the 5th final of the present local wave.
with a conservative target of 1600-1610,Which also coincides with the previous multiple
tops,There's a good possibility this giving good resistance to further upmove.


Hmm RBI cutting CRR continuously keeping banking sector in limelight
Well if RBI continues to cut CRR like this there's a possibility that this 5th may extend:)
Few levels to watch in extension,1660 and 1720
Let that happen and I would be back again with a update on SBI.

Regards
Rish

>Fibonacci Levels

Explore beyond the basics of Fibonacci.

You know that FibLevels have a powerful effect on the markets, and you probably know the basics of Fibonacci trading, but need to find a better way to use it in the markets. So you can put a bunch of Fibonacci Levels on a chart, what to do about it? How do you use these levels to make good trading decisions?

When a FibLevel breaks, there is money to be made! When a FibLevel holds, there is also money to be made! But how do you know whether a FibLevel has broken? Or will it hold? If you knew that, you would know which way to trade the market! A support level that breaks can provide great profits to the downside. A Support level that holds can give excellent long trades. The same is true for resistance FibLevels. Read more here .....Fibonacci

Regards
Rish

>Dowjones Analysis

Dowjones the impulse started from 7884 is making 5 up from there
with the force full impulsive 3rd already over expect some correction
before Dowjones tests 9900-10000 levels.
Good selling can be seen from 10000 levels.
Plan your trades accordingly.
Good Trading opportunity for those who can track the trend properly
wide swings,Investors should remain cautious:).

Regards
Rish