yvatsji

TRADERS WEAK IN HANDLE VOLATILITY SHOULD WATCH THIS !!

yvatsji Updated   
NSE:BANKNIFTY   Nifty Bank Index
PSYCHOLOGY OF BLIND MIND SET.
1. Today before staring comparing my yesterday statements I would like to discuss the blind psychology of many traders who have been made habitual of asking tips for trading. The vested interest people who themselves unable to earn from market make blind to give tips first free then chargeable. Since traders don not want to study market themselves , they fall trap by giving good amount for tips and course . This is the easy way to trade . This psychology of tips is so dominant over their mind that they are unable to see other options can also prevail. Every new trader is interested in tips but not to learn this skill. I do not provide tips because I want every trader to stand on his own by putting lot of hard work. I provide lines of support , resistance and zones . They work magically proved everyday. In morning I saw one msg in comment box by one of my followers who was enquired about tips . When I replied I do not provide it. He gave pvt msg to know best setup to trade in bnf. I then refused about spoon feeding. On reading my msg he got angry and wrote you can not provide entry exit level perhaps related to accuracy. First I would like to clear Dear follower, You are no authority whom I have to prove my accuracy. There is no competition going on where I have to show my accuracy. I am sorry to say you and many more are suffering from blind psychology symptom who can not see new way of trading. That is why never ever successful in trading even spending money on tips and courses. 150 + posts have been posted one day prior the real move and all levels react perfectly not one, two days in all post consistently. You know why because I manifest the move first. You do not know the real meaning of accuracy the visualization of next day move on chart and manifest same to same on chart with correct insight of conditions is accuracy. Since your knowledge only understand tips and numbers .So you can not see this . It is not your problem many traders are full of this mentality . They want to join telegram channel for tips only . As they are not hard worker. To giving numerical value is not accuracy. Switch your trading with the move of price is accuracy. If you can understand this and want to earn from market then change your understanding. And see how profit can be generated . In my charts every thing is mentioned whether sl, entry and target , else you have that eyes. But you are roaming around tips so can not see. The moral of this description is to change your mindset and many more like you. Now come to our routine.

COMPARING MY STATEMENTS WITH REAL MOVE OF PRICE IN BNF.
1. In point no.4 of trading plan what I wrote is quoting for your consideration " if momentum is high then price can go to green zone. while trading in day pink zone is taken out then green zone is target." You can see price taken out in 15 min timeframe and touched lower band of zone. This is accuracy My dear follower proving every day but you still not able to see. Just check comment box when this move was over I warned my one of the followers who everyday share his live trades with everyone. He did not follow my condition properly , He end up -30 points. I can not spoon feed so I waned him lower band of green zone. Same price came down. If that sort of accuracy I am showing means all moves are sync in my mind and eyes.
2. Traders look care fully what I am showing to you you today. keep that in mind when you trade. See first candle I circled in green It opened up and went up but came down to breach red support but as soon as it recovered I took my intraday position in same candle. with sl of that low. and booked my first position at pink zone. again price tested the same red line I took 2nd position with same sl of previous position. And booked at lower end of green zone with my c/f positions of yesterday. When people ask me to provide numerical level I say every thing is marked on chart precisely else you have that insight to find. I shared these two trades with reasons of red support line. For authentication see comment box of previous post bnf . My warning to senior trader will prove my accuracy. Yesterday I wrote a formula ,BASIC KNOWLEDGE + MY ANALYSYS = PROFIT . Follow conditions properly. In first four hr red support and pink zone worked extremely well that is why I could take two intraday trades .
TRADE PLAN OF NEXT SESSION.
1. As you can see the wave structure is still incomplete so next day It might possible that price open gap up just above green zone and could not sustain there and come down. On the contrary If price open down near red support or at white ema and recovers then can move to green zone upper end.
2. If price takes out white ema and do not take out lower pink and red zone while trading then bnf will be range bound , trapping bulls and bears both sides.
3. If in any case price takes out green zone on lower time frame then blue zone lower end will be target. Why price after taken out the pink zone came back because it was taken out in 15 min time frame not in 1 hr. for rally it is essential that price should also be taken out in 1 hr. New followers please see 14 may post market has friendship to understand taken out. Chances for market to go in range bound trade is more . I think rally for time being finished . If it is on the chart then fulfil the green zone condition. Rest price will decide.

YOGESH VATS


Comment:
Hi trades,
The given target if blue zone is achieved. So book all PR and exit. Any condition if it moves 200 pts more then do not regret because upper end of blue zone is your limit. Trade prudently. Rather in greed.
Cheers.

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