LEARN HOW DOUBLE TRAPPING IS DONE ON 22-4-20
HOW I TRADED TODAY & SWITCHED MY SENTIMENTS WITH MARKET IN BNF FOUR TIMES.
1. IN YESTERDAY POST I TOLD YOU THAT MY BIASED IS SHORT SIDE AND CAN BE CHANGED ANY TIME IN INTRADAY. SAME HAPPENED FOUR TIMES. TO CHANGE ONES SENTIMENTS AT ONE TIME SEEMS TO IMPOSSIBLE , HERE I HAD TO CHANGE FOUR TIMES WHILE TRADING. IN MY STRUGGLING TIMES ,IT WAS REALLY PAINFULL TO GET TRAPPED IN THESE SITUATIONS. AND USED TO LOSS HEAVEY AMOUNTS. BUT BY THE GRACE OF GOD I NEVER DISHEARTED , AND TRIED TO LEARN FROM MY MISTAKES BY READING MANY BOOKS IN MY LIFE. NOW IS ABLE TO UNDERSTAND THE LANGUAGE OF STOCK MARKET SUBTLY.
2. MARKET FOLLOWED THE RED COLOR STRUCTURE SHOWED IN YESTERDAY POST. I TOLD YOU RED COLOR CHANNEL IS ONE OF THE KEY. UNTILL & UNLESS PRICE REMAIN IN THIS CHANNEL IT WILL MOVE DOWN. BNF OPENED SLIGHTLY GAP DOWN JUST BELOW THE UPPER END OF CHANNEL WHERE I TOOK FIRST POSITION OF SHORTS. I TOOK THIS POSITION AFTER WAIT OF 15 MIN, PRICE CAME TO LOWER END OF RED CHANNEL I BOOKED . ONE HR PRICE REMAINED DOWN. THAT IS SUFICIENT FOR DAY TRADER.
3. SECOND SENTIMENT CHANGED WHEN PRICE BREACHED UP RED CHANNEL. HERE I TOOK LONG AND MY TARGET WAS RED COLOR RESISTANCE YESTERDAY I SHARED IF THIS IS BREACHED ONLY THEN PRICE WILL MOVE UP IN WHITE BOX. SO AS SOON AS IT REACHED RED RESISTANCE LINE I BOOKED 2 POSITION. HERE I RECEIVED ONE PRIVATE CHAT MSG REGARDING BUY OR SELL .I WAITED SOMETIME TO KNOW HOW PRICE WILL REACT. WHEN I FOUND PRICE IS GETTING RESISTANCE IN PINK COLOR CANDLE ,I IMFORMED HIM SHORT AND I ALSO WENT SHORT. THIS WAS THIRD CHANGE OF SENTIMENTS. WHEN PRICE REACHED GREEN DOTTED SUPPORT AN FOUND TAKING SUPPORT I BOOKED THIS POSITION ALSO. AT THAT TIME ONE MORE MSG RECEIVED .SOME ONE IS HOLDING 18900 PE AND I WAS WORKING IN 18700 PE. HE ASKED ME WHAT TO DO I SAID HOLD. WHEN SENTIMENTS CHANGED I IMORMED HIM TO QUIT THIS POSITION.YOU SEE CHAT BOX. FOR THIS AUTHENTICATION.
4. FOURTH POSITION I TOOK TO LONG WHEN PRICE BREACHED RED RESIATANCE LINE WHITE CIRCLED COLOR CANDLE WITH BUYING PRESSURE PROVED ME BEARS HAD BEEN TRAPPED SO GET READY TO BREACH RED RESISTANCE. I BIOOKED TIS POSITION NEAR WHITE DOTTED CHANNEL UPPER END. THIS IS HOW SENTIMENTS SWITCHED FOUR TIMES AND TRADED ALL OF THEM INSTANTLY. MY MOTIVE IS TO SHARE ALL , JUST STRUGGLING TRADERS CAN LEARN PRACTICALLY LOGICALLY TO VIEW PRICE MOVEMENT.I KNOW TOUGH TO LEARN BUT EVERY STATEMENT YOU FOLLOW CAREFULLY. ONE DAY YOUR STRUGGLE WILL BE OVER.
1. IN YESTERDAY POST I TOLD YOU THAT MY BIASED IS SHORT SIDE AND CAN BE CHANGED ANY TIME IN INTRADAY. SAME HAPPENED FOUR TIMES. TO CHANGE ONES SENTIMENTS AT ONE TIME SEEMS TO IMPOSSIBLE , HERE I HAD TO CHANGE FOUR TIMES WHILE TRADING. IN MY STRUGGLING TIMES ,IT WAS REALLY PAINFULL TO GET TRAPPED IN THESE SITUATIONS. AND USED TO LOSS HEAVEY AMOUNTS. BUT BY THE GRACE OF GOD I NEVER DISHEARTED , AND TRIED TO LEARN FROM MY MISTAKES BY READING MANY BOOKS IN MY LIFE. NOW IS ABLE TO UNDERSTAND THE LANGUAGE OF STOCK MARKET SUBTLY.
2. MARKET FOLLOWED THE RED COLOR STRUCTURE SHOWED IN YESTERDAY POST. I TOLD YOU RED COLOR CHANNEL IS ONE OF THE KEY. UNTILL & UNLESS PRICE REMAIN IN THIS CHANNEL IT WILL MOVE DOWN. BNF OPENED SLIGHTLY GAP DOWN JUST BELOW THE UPPER END OF CHANNEL WHERE I TOOK FIRST POSITION OF SHORTS. I TOOK THIS POSITION AFTER WAIT OF 15 MIN, PRICE CAME TO LOWER END OF RED CHANNEL I BOOKED . ONE HR PRICE REMAINED DOWN. THAT IS SUFICIENT FOR DAY TRADER.
3. SECOND SENTIMENT CHANGED WHEN PRICE BREACHED UP RED CHANNEL. HERE I TOOK LONG AND MY TARGET WAS RED COLOR RESISTANCE YESTERDAY I SHARED IF THIS IS BREACHED ONLY THEN PRICE WILL MOVE UP IN WHITE BOX. SO AS SOON AS IT REACHED RED RESISTANCE LINE I BOOKED 2 POSITION. HERE I RECEIVED ONE PRIVATE CHAT MSG REGARDING BUY OR SELL .I WAITED SOMETIME TO KNOW HOW PRICE WILL REACT. WHEN I FOUND PRICE IS GETTING RESISTANCE IN PINK COLOR CANDLE ,I IMFORMED HIM SHORT AND I ALSO WENT SHORT. THIS WAS THIRD CHANGE OF SENTIMENTS. WHEN PRICE REACHED GREEN DOTTED SUPPORT AN FOUND TAKING SUPPORT I BOOKED THIS POSITION ALSO. AT THAT TIME ONE MORE MSG RECEIVED .SOME ONE IS HOLDING 18900 PE AND I WAS WORKING IN 18700 PE. HE ASKED ME WHAT TO DO I SAID HOLD. WHEN SENTIMENTS CHANGED I IMORMED HIM TO QUIT THIS POSITION.YOU SEE CHAT BOX. FOR THIS AUTHENTICATION.
4. FOURTH POSITION I TOOK TO LONG WHEN PRICE BREACHED RED RESIATANCE LINE WHITE CIRCLED COLOR CANDLE WITH BUYING PRESSURE PROVED ME BEARS HAD BEEN TRAPPED SO GET READY TO BREACH RED RESISTANCE. I BIOOKED TIS POSITION NEAR WHITE DOTTED CHANNEL UPPER END. THIS IS HOW SENTIMENTS SWITCHED FOUR TIMES AND TRADED ALL OF THEM INSTANTLY. MY MOTIVE IS TO SHARE ALL , JUST STRUGGLING TRADERS CAN LEARN PRACTICALLY LOGICALLY TO VIEW PRICE MOVEMENT.I KNOW TOUGH TO LEARN BUT EVERY STATEMENT YOU FOLLOW CAREFULLY. ONE DAY YOUR STRUGGLE WILL BE OVER.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.