Long

On my watch

Mis à jour

This is my trading journal, not a trade recommendation. Idea presented only for educational purposes for me and others who want to benefit from my experience.

Keeping the stock on radar for breakout of 167 level. May go for measured move, i.e. doubling the trading range. will take entry once 167 (CAP) is taken out decisively and price action demonstrate higher low afterwards.
Upward pushing is visible, probability w.r.t upward bias is more.

Trade Plan:
First entry after breakout of 167 - one lot (aggressive entry)
Stop loss below CAP (164)
Second entry after upward price action (break of prior swing high) - one lot (conservative entry)
Stop loss below CAP.
1st Target 174
2nd Target 182

DISCLAIMER:
Trading in the stocks market or futures markets is on e of the riskiest forms of investments available in the financial markets and suitable for sophisticated individuals and institutions. The possibility exists that you could sustain a substantial loss of funds and therefore you should not invest money that you cannot afford to lose. Nothing in this analysis is a recommendation to buy or sell stocks or futures and I shall not be liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from the use of this analysis or reliance on such information. Consult your financial advisor prior to investing is stock market.
This is one person’s experience, your experience may differ. Past performance is not guarantee of future gains.

Transaction en cours

Note

Note

first entry taken, waiting for second entry. stop loss level as per chart

Note

SL hunting

Trade fermée: ordre d’arrêt atteint

Note

Holding gains and absorption of supply

Note

161 coming

Note

Second time roof has collapsed in reaction leg of a weak action leg. This reaction leg should at least go to equalize previous reaction leg till selling zone to give appearance of a range 140-133

Note

So far so good

Note

ACTION LEG

Note

weak reaction leg. Possibility of measured move for flag and pole if breakout of downward red channel

Note

160 coming?

Note

Formation of energy coil near resistance zone

Note

Pole and flag measured move is over

Note

To every action there is equal and opposite reaction.

Note

New Range 152 to 177

Note

back on roller track

Note

In this range or not.

Note

Flag and pole breakout, if happen may open 175-180 targets.

Note

First it must complete its movement in range and then pole and flag breakout measured move.

Note

Reversal on cards

Note

No change in view; to every action there is equal and opposite reaction

AniketKabir

Aussi sur:

Clause de non-responsabilité

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