On Full Throttle

Telah dikemas kini
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.

Nifty is on full throttle, no reaction legs. May hit the wall before dropping dead. which upper parallel ? time will tell.
To every action there is equal and opposite reaction. May formulate a trade plan downside based on this principle. But till it is long, it is long.

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.
Nota
first hit to wall
syot kilat
Nota
syot kilat
Nota
confluence
syot kilat
Nota
if breaks blue upper parallel, go for magenta line
syot kilat
Nota
Too many slips between cup and the lips
syot kilat
Nota
systematic selling start
syot kilat
Nota
slope of prices
syot kilat
Nota
Any trend that covers a lot of points in very few bars, meaning that there is some combination of large bars and bars that overlap each other only minimally, will eventually have a pullback. These trends have such strong momentum that the odds favor resumption of the trend after the pullback and then a test of the trend’s extreme. Usually the extreme will be exceeded, as long as the pullback does not turn into a new trend in the opposite direction and extend beyond the start of the original trend. In general, the odds that a pullback will get back to the prior trend’s extreme fall substantially if the pullback retraces 75 percent or more.
Nota
Looks like a pullback..!!
syot kilat
Nota
syot kilat
Nota
Next move till 17200
syot kilat
Nota
syot kilat
Nota
17900 coming H&S
syot kilat
Nota
syot kilat
Nota
syot kilat
Nota
kennedy channel..ABC correction coming...
syot kilat
Nota
syot kilat
Nota
Price returned without touching median line, any Breakout above hidden parallel is a long till selling zone.
syot kilat
Nota
syot kilat
Nota
syot kilat
Nota
syot kilat
Nota
syot kilat
Nota
Another treadmill
syot kilat
Nota
syot kilat
Nota
Looking long from here because action leg is still larger then reaction leg. short only below white line
syot kilat
Nota
A closer look... Grind is on
syot kilat
Nota
syot kilat
Nota
syot kilat
Nota
Breakdown of Hagopian line. May go to test it, long till magenta line
syot kilat
Nota
Long till Hagopian line
syot kilat
Nota
syot kilat
double bottom ?
Nota
IF todays morning move was upthrust and evening converts into spring, may see the market at Hagopian line in next couple of sessions.
syot kilat
Nota
First reaction level taken out, next is target for tomorrow
syot kilat
Nota
The devil is in the details
Touch of Hagopian line....done
syot kilat
Nota
Treadmill on monthly scale. Runner is losing steam.
syot kilat
Nota
on weekly it is retest of breakout level.
syot kilat
Nota
On daily, need a confirmation candle inside channel for slope of price in channel
syot kilat
Nota
Looks long in lower time frame
syot kilat
Nota
Going back to old channel, lower lows are losing strength, base are lifted.
syot kilat
Nota
Market is back to green channel.
syot kilat
Nota
Strong Rejection, may go to 16800 level
syot kilat
Nota
Gone short again in last 75 minutes. stop loss level marked.
syot kilat
Nota
Short below thick blue line
syot kilat
Nota
No upward inclined support/reaction line below blue thick line, if broken down, may touch 16800 after taking reaction on downward inclined green support/reaction line
Nota
16800 if red line is broken down
syot kilat
Nota
long till it is in green channel, once broken measured move of flag and pole is in order.
syot kilat
Nota
Flag and pole is out of question. it is new green channel now
syot kilat
Nota
Just remember upthrusts are brutal, i.e. if this breakout fails, fall will be rapid.
Nota
syot kilat
Nota
no stoping till17990
syot kilat
Nota
short opportunity at 17740
syot kilat
Nota
Trade closed
syot kilat
Nota
Green or Yellow?
syot kilat
Nota
Yellow=false; initiating long with stop loss below green channel
Nota
syot kilat
Nota
On daily, up to magenta line
syot kilat
Nota
syot kilat
Nota
Measured move up to 18134
syot kilat
Nota
Long above cyan horizontal line; it is going to be new bull run, stop loss below magenta line
syot kilat
Nota
Long above rust line, future swing movement between magenta and yellow
syot kilat
Nota
on 75 min chart
syot kilat
Nota
bulls loosing steam, use of reverse trend line, market may go sideways or short for some time.
syot kilat
Nota
Target done for reverse trend line
syot kilat
Nota
short till lower parallel in green
syot kilat
Nota
syot kilat
Nota
syot kilat
Nota
syot kilat
Nota
syot kilat
Nota
syot kilat
Nota
rules are same
syot kilat
Nota
syot kilat
Nota
Base has shifted upward;
syot kilat
Nota
It is long from here
syot kilat
Nota
syot kilat
Nota
Make or Break
syot kilat
Nota
Probable path
syot kilat
Nota
syot kilat
Trend Analysis

Juga pada:

Penerbitan berkaitan

Penafian