SEE THE CHANGE OF PSYCHOLOGY WITH PRICE , MY TRADING & PLAN 20-4
HOW I TRADED WITH TRADING PLAN SHARED YESTERDAY FOR 17-4-20.
1. AS PER PLAN TO TRADE IN LONG SIDE , SAME HAPPENED WITH A GAP UP OPENING OF ALMOST 800 PTS. BEORE MARKET CRASH SUCH MOVE USED TO TAKE ALMOST WHOLE DAY TO COVER OR TWO DAYS. BUT NOW A DAYS JUST BY GAP OR 1 TO 2 HRS TRADING IS SUFFICIENT TO SEE THIS SORT OF MOVE. SO LONG OR SHORT PROSPEVTIVE GETS COMPLETED WIYH THESE MOVES. THAT IS WHY THE SENTIMENTS OF LONG CAN CHANGE TO SHORTS FOR REST OF DAY. SEE THE GREEN COLOR CIRCLE CANDLE OPENED JUST ABOVE HORIZONTAL PINK COLOR CHANNEL. SO I WAITED FOR 15 MIN NO PULL BACK SEEN I TOOK DECISION TO COVER MY CARRY FORWARD LONGS .EVERY DAY I SHARE MY TRADE WITH PREVIOUS PLAN SO THAT YOU ALL CAN UNDERSTAND IN VARIOUS CIRCUMSTANCES ,HOW I CHANGE MY SENTIMENTS WITH PRICE. HOPE SLOWLY -2 YOU WILL ALSO LEARN THIS SKILL IN YOUR TRADING.
2. NOW I WAITED TO SEE URTHER PRICE ACTION, AFTER WAIT OF 4 HRS WHEN PRICE REACHED TO GREEN CHANNEL LOWER SIDE WHICH I SHOWED YOU IN YESTERDAY FIG. I TOOK LONG POSITION.AND BOOKED NEATR THE OPEN OF TODAY. THE PINK COLOR CIRCLE SHOWS HOW GRREN CHANNEL LOWER BAND ACTED AS SUPPORT THIS WAS THE ENOUGH CLUE FOR ME TO GO LONG. I TOLD YOU YESTER DAY LOCAL ACCUMULATION IS COMPLETED SO I WAS EXPECTING SUCH MOVE.
PLAN FOR NEXT TRADING DAY.
YESTERDAY I SHOWED GREEN DOTTED CAHNNEL WITH WAS IN COMPLETE IN NATURE . WITH THE MOVEMENT OF PRICE IT GAVE UPPER BAND WHICH RESEMBLES THE RED BOX GIVEN TWO WEEKS EARLIER IS TARGET ON MONDAY. TODAY I DID NOT CARRY ANY POSITION FOR MONDAY. I WILL TIME MY TRADE ACCORDING TO PRICE ACTION.TILL PRICE REMAIN IN THIS GREEN CHANNEL I AM BULLISH ATER BREACHING IT I MAY CHANGE TO BEAR SENTIMENTS. TRADING IS GAME OF SWITCHING OF SENTIMENTS. TRY TO LEARN THIS ART .
1. AS PER PLAN TO TRADE IN LONG SIDE , SAME HAPPENED WITH A GAP UP OPENING OF ALMOST 800 PTS. BEORE MARKET CRASH SUCH MOVE USED TO TAKE ALMOST WHOLE DAY TO COVER OR TWO DAYS. BUT NOW A DAYS JUST BY GAP OR 1 TO 2 HRS TRADING IS SUFFICIENT TO SEE THIS SORT OF MOVE. SO LONG OR SHORT PROSPEVTIVE GETS COMPLETED WIYH THESE MOVES. THAT IS WHY THE SENTIMENTS OF LONG CAN CHANGE TO SHORTS FOR REST OF DAY. SEE THE GREEN COLOR CIRCLE CANDLE OPENED JUST ABOVE HORIZONTAL PINK COLOR CHANNEL. SO I WAITED FOR 15 MIN NO PULL BACK SEEN I TOOK DECISION TO COVER MY CARRY FORWARD LONGS .EVERY DAY I SHARE MY TRADE WITH PREVIOUS PLAN SO THAT YOU ALL CAN UNDERSTAND IN VARIOUS CIRCUMSTANCES ,HOW I CHANGE MY SENTIMENTS WITH PRICE. HOPE SLOWLY -2 YOU WILL ALSO LEARN THIS SKILL IN YOUR TRADING.
2. NOW I WAITED TO SEE URTHER PRICE ACTION, AFTER WAIT OF 4 HRS WHEN PRICE REACHED TO GREEN CHANNEL LOWER SIDE WHICH I SHOWED YOU IN YESTERDAY FIG. I TOOK LONG POSITION.AND BOOKED NEATR THE OPEN OF TODAY. THE PINK COLOR CIRCLE SHOWS HOW GRREN CHANNEL LOWER BAND ACTED AS SUPPORT THIS WAS THE ENOUGH CLUE FOR ME TO GO LONG. I TOLD YOU YESTER DAY LOCAL ACCUMULATION IS COMPLETED SO I WAS EXPECTING SUCH MOVE.
PLAN FOR NEXT TRADING DAY.
YESTERDAY I SHOWED GREEN DOTTED CAHNNEL WITH WAS IN COMPLETE IN NATURE . WITH THE MOVEMENT OF PRICE IT GAVE UPPER BAND WHICH RESEMBLES THE RED BOX GIVEN TWO WEEKS EARLIER IS TARGET ON MONDAY. TODAY I DID NOT CARRY ANY POSITION FOR MONDAY. I WILL TIME MY TRADE ACCORDING TO PRICE ACTION.TILL PRICE REMAIN IN THIS GREEN CHANNEL I AM BULLISH ATER BREACHING IT I MAY CHANGE TO BEAR SENTIMENTS. TRADING IS GAME OF SWITCHING OF SENTIMENTS. TRY TO LEARN THIS ART .
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