crude oil future trades for 19.04.2021, and using supertrends for mcx trading.
value of first supertrend - 21,4
value of 2nd supertrend -21,2
according to this theory you will take buy position only when both the supertrends becomes green, and when one of the supertrend turns red , you will exit the position.
and when both the supertrend becomes red you will sell, and when one of the supertrend turns green you will exit the position.
trade is given based on purely price action here, if you are going with supertrend trades don't follow price action trade.
in my opinion price action trades are more reliable than indicators.if you knows it right.
join me at - t.me/stoxway twitter -@stoxway Contact -8336985530
value of first supertrend - 21,4
value of 2nd supertrend -21,2
according to this theory you will take buy position only when both the supertrends becomes green, and when one of the supertrend turns red , you will exit the position.
and when both the supertrend becomes red you will sell, and when one of the supertrend turns green you will exit the position.
trade is given based on purely price action here, if you are going with supertrend trades don't follow price action trade.
in my opinion price action trades are more reliable than indicators.if you knows it right.