MARKET HAS FREINDSHIP WITH MY ANALYSIS SO MOVE ACCORDINGLY!!
Mis à jour
COMPARING MY LAST STATEMENTS WITH TODAYS ACTUAL MOVE.
1. In yesterday post i told you that structure is incomplete so unable to give correct direction. let it complete , but gave you two moves one in white and second in red. Bnf followed white move still incomplete upper part may be followed tomorrow.
2. As already mentioned that trade will remain range bound in no trading zone. you can see in red box today's movement. This shows that market is my buddy who always support me in my analysis. Any one can check my post since i started to share with you all showing friendship with market . The complete range bound movement as shared yesterday in red box.
3. As i gave you green dotted line , please see care fully market respected so accurately even did not breach it. every day i show my friendship with market after one day when actual move happens. That move is already manifested one day advance. I am little dis appointed by my new followers not all some of them are so lazy that they can not afford to put hard work to read charts carefully. And asking ill-logical questions regarding movement. See my time is my money. Whatever i discovered in my journey of stock market i want to share and educate you all without any desires from you. I want to welcome educational questions of those who burn night lamps and ask right questions . One of my followers ask when price is broken green dotted line why can not I short to carry trade for tomorrow. As you wrote in your post. My Dear friend, in yesterday post in trading plan topic point no.2 I clearly wrote if price break this green dotted line and trade there for 15 mins then shorts can be initated . Did your price break this dotted line. Did i mention to carry shorts at home. I give you day trading plan not carry your position to next day. Carryforward position question has been asked by many traders in last few days. pl remenber this plan is pure intraday. Had Mr. X done his job carefully , you would not asked these questions, already replied question again and again. yesterday you did not understand fig. when I told every query which you asked, is already replied in fig. Then you replied got the structure. Had you read every condition mentioned in chart carefully, I would not have written in such dertail.
4. People who joined recently this is for them . See there is difference between breached and taken out. I have cleared in my previous posts, Had you gone through it would have been understood. Again I clear For all . when I write breached it does not mean change of trend in breached direction. Generally price come back in same region whether any support ,resistance,zone ends come back in next 15 min. So no trend change. But when i write taken out it means candle breached that line either support or resistance and gets closed out of this line and price do not come back in 15 mins. Plus one more condition any candle in next 15 mins give close beyond breached candle. Then trend changes to taken out side. Only then that side positions can be initiated. There is no perfect rule in market it can fail but chances are 95% of sucess. Hope with this explanation this concept would be claer now. practice on chart. Since this is 1hr chart so you will have to go to 15 min chart for this. if we wait next one hr on hour time frame then intraday trade can not be initiated.
My trading plan for next day.
1. If bnf do not take out green dotted line either by gap down open or while trading. Then i expect up side move till pink color zone. on other hand if this dotted line is breached then to first target. if momentum is good then to second target.
2. Price can trap sellers after achieving first target.so be carefull at this level.
3.Market is in corrective structures , therefore, I my self do not carry any positions either sides. so I suggest to all. One day opens up and second day down. Limit yourselves to intraday trades.
4. My friend X why i did not suggest you to carry shorts because dotted line not taken out can be gap up opening. so when conditions are not clear. I never carry any side trade to keep your capital safe is priority though you get gap down tomorrow.
5. Those who follow me they have got an update around 1.15pm that sell can be executed , I also took position on starting of 5th candle . You can see that hour and next candle few min price gave me good reward that i booked on exact dotted line. I mentioned in that update to book at green dotted line. After that see 6th candle became volatile and next bullish candle. See perfection of trade. Reason why i took this trade though I mentioned no trading zone in last post. Because 4th candle is bullish one that could not cross white trend line gave me
clue to go short with sl of that white candle high. Rest market will decide.
YOGESH VATS
1. In yesterday post i told you that structure is incomplete so unable to give correct direction. let it complete , but gave you two moves one in white and second in red. Bnf followed white move still incomplete upper part may be followed tomorrow.
2. As already mentioned that trade will remain range bound in no trading zone. you can see in red box today's movement. This shows that market is my buddy who always support me in my analysis. Any one can check my post since i started to share with you all showing friendship with market . The complete range bound movement as shared yesterday in red box.
3. As i gave you green dotted line , please see care fully market respected so accurately even did not breach it. every day i show my friendship with market after one day when actual move happens. That move is already manifested one day advance. I am little dis appointed by my new followers not all some of them are so lazy that they can not afford to put hard work to read charts carefully. And asking ill-logical questions regarding movement. See my time is my money. Whatever i discovered in my journey of stock market i want to share and educate you all without any desires from you. I want to welcome educational questions of those who burn night lamps and ask right questions . One of my followers ask when price is broken green dotted line why can not I short to carry trade for tomorrow. As you wrote in your post. My Dear friend, in yesterday post in trading plan topic point no.2 I clearly wrote if price break this green dotted line and trade there for 15 mins then shorts can be initated . Did your price break this dotted line. Did i mention to carry shorts at home. I give you day trading plan not carry your position to next day. Carryforward position question has been asked by many traders in last few days. pl remenber this plan is pure intraday. Had Mr. X done his job carefully , you would not asked these questions, already replied question again and again. yesterday you did not understand fig. when I told every query which you asked, is already replied in fig. Then you replied got the structure. Had you read every condition mentioned in chart carefully, I would not have written in such dertail.
4. People who joined recently this is for them . See there is difference between breached and taken out. I have cleared in my previous posts, Had you gone through it would have been understood. Again I clear For all . when I write breached it does not mean change of trend in breached direction. Generally price come back in same region whether any support ,resistance,zone ends come back in next 15 min. So no trend change. But when i write taken out it means candle breached that line either support or resistance and gets closed out of this line and price do not come back in 15 mins. Plus one more condition any candle in next 15 mins give close beyond breached candle. Then trend changes to taken out side. Only then that side positions can be initiated. There is no perfect rule in market it can fail but chances are 95% of sucess. Hope with this explanation this concept would be claer now. practice on chart. Since this is 1hr chart so you will have to go to 15 min chart for this. if we wait next one hr on hour time frame then intraday trade can not be initiated.
My trading plan for next day.
1. If bnf do not take out green dotted line either by gap down open or while trading. Then i expect up side move till pink color zone. on other hand if this dotted line is breached then to first target. if momentum is good then to second target.
2. Price can trap sellers after achieving first target.so be carefull at this level.
3.Market is in corrective structures , therefore, I my self do not carry any positions either sides. so I suggest to all. One day opens up and second day down. Limit yourselves to intraday trades.
4. My friend X why i did not suggest you to carry shorts because dotted line not taken out can be gap up opening. so when conditions are not clear. I never carry any side trade to keep your capital safe is priority though you get gap down tomorrow.
5. Those who follow me they have got an update around 1.15pm that sell can be executed , I also took position on starting of 5th candle . You can see that hour and next candle few min price gave me good reward that i booked on exact dotted line. I mentioned in that update to book at green dotted line. After that see 6th candle became volatile and next bullish candle. See perfection of trade. Reason why i took this trade though I mentioned no trading zone in last post. Because 4th candle is bullish one that could not cross white trend line gave me
clue to go short with sl of that white candle high. Rest market will decide.
YOGESH VATS
Note
Hi followers, in sgx mentioned divergence condition that is being tested. If sustains then up move on other side does not sustain then fall. Act according situations with SL either see sides.
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