Was sharp on exiting full NIFTY portfolio,increased Gold lots on my Brexit assessment but US oil exited positions only after brexit.

My Idea is US oil may test 45.45: BREXIT IMPACT and Dollar strengthening.

7873-7896 could be the bottom for India Nifty - Brexit hit

If Brexit happens Nifty may fall to 8004 - 7935 and it will pullback, i dont see going below 7935

Will reduce the exposure in Large cap stocks on market opening tomorrow and increase gold investments.

BREXIT: Britain will exit Eurozone and I like to see my technical assessment wrong.

I am reading, watching in Press and Media the pros and cons of the outcome of Brexit referendum.
Assessing from what I gather in Media is "in" is good for Britain and the world markets.

It is not easy to assess a nations mood by opinion poll.

Just out of curiosity, I wanted to apply my mind on technical analysis of Brexit.

Unfortunately the first line of resistance falls in 2016 (.01854) and run through 2017 (0.2) and completes by 2018 (0.2119).

This shows Britain exiting Eurozone is a 100% probability and will complete the exit by 2018.

My best part of investment: Rolled over Nifty futures bought at my triggered levels, i expect to break 8400 in this week

Monday, 29 February 2016

India Nifty: all buy levels triggered and went long 7009,6976 and 6886 with stoploss of 6716

Bull market on

My fellow Germans, the bull move of your markets just started,Hold your longs to the target of 11900 with stop of 9525. Invest and sit tight.

16

93.22017

109.2202

11929.05

8690

93.22017

9.655059

0.7875

10.44256

109.047

11891.26

capitalists,markets,RBI governor,investors,traders and common man. Who won ????

BREXIT will not happen. Market creators shorted then used Media to induce fears in small investors and traders to sell further ,now they are buying.

Good money made by them.

added new positions in oil.gold and coffee.

though it is difficult and not an easy switch, I am changing my style of making money.from trading to investing

Trading without a stop loss.Just work on any financial instrument I am comfortable with, identify only uptrend, calculate possible trend reversals, start investing in small proportions continuously,

exit in small proportions close to trend reversals.

The issue I am facing here, is, once the position is taken,I am continuosly monitoring the prices and if market turns opposite,becomes little nervous and panic sets in.

I discussed this with a trader,he adviced me it is normal to get panic when market turns opposite, the only thing if you are confident of your targets not to worry about swings and stay in until the the target met.Further he added conviction is more important if you take the trade.

I understand what he said,

I am 100% confident of my targets on Oil,Gold and India Nifty. Will continue to invest.

Make money.