Top Highlights

• “Success is a lousy teacher. It seduces smart people into thinking they can't lose” –
• Bill Gates
• “To gain an edge, we spot market extremes and do a mean reversion trade, also called a contrarian trade”
• When Bollinger Bands get squeezed inside the Keltner Channels, it indicates a period of low volatility. It is best not to take any trade during this time. First of all, there is hardly any room to make a profit. And second, periods of low volatility or “squeeze” are almost always followed by a wild explosion of volatility and you don’t want to be c...
• When the ADX is above 40, the prevailing trend is considered to be a strong one while ADX trading below 20 indicates a weaker trend. As far as the ADX line trades above 40 level with upward trend, it indicates continuation of the prevailing trend (Be it Bullish or Bearish) while a downward turn below the 40 level would indicate a probable change in...