Hi Traders, 1. On the 9th of October 2020, What you saw in BNF could have earned 1800 points without my help. You just had to follow religiously my marked levels and taken out condition with price movements. That I will show in the latter part of this blog. As usual, I will prove my last blog's conditions to you. Let's checkpoint no. 1. of trade plan section is quoting as proof, what you saw in the previous fortnight had already been manifested meticulously " I made a pink color resistance line if it is taken out in both time frames then you will see a small up move. And the price would come below the pink line. Technically 27 Ema will act as support the first time and will provide a weak bounce". Here you can notice, I talked about taking out the condition for the pink line to go upside means till this condition gets activated one should not go long. See I marked two attempts of price crossed pink line but could not activate price condition in both time frames circled in the green circle. The first circle is showing a shooting star pattern and the second circle spinning top. A white circle showing a big candle breached this pink line in the third attempt, I mark to use this candle as a stop loss for long. When price fulfilled taken out condition this time did not stop giving you 900 points trade by making hanging man. circled in yellow. I did not give an upside target of where to book profit. In condition, I talked about bounce and told you that price will come back to 27ema same happened after 900 points it took support on the same. As many of you have been following me for the last six months and quite familiar with how to see resistance and support.
2. Now come to the second trade, both trades I marked in green arrows. See second trade the pink line one taken out means will act as support with the logic of change of polarity principle. See carefully a spinning top is made on this and the next day tested this support, here one needs to go long. And see results again 900 points. This is how one could take a total of 1800 points in two weeks just follow my marking with taken-out conditions. Many messages I get on a regular basis where trades write by following my marking on charts and following religiously earned a lot and recovered their losses from time to time I share in the group. Though I took a break from trading for 15 days, I had already manifested the whole analysis for you in advance. One need to make trust in my analysis with basic knowledge of the market can earn a lot of money. Never ever trade without stop loss.
3. In point no.3 I wrote clearly that the market will remain range-bound between two given limits. "I feel the price will remain range-bound between the upper and lower limit." You can see the pink line was the upper limit and price could not cross one complete week and price remained range-bound. Again I take your attention to the same point What I manifested you saw in terms of price movement. Ask yourself How many chartists you saw in your life who can manifest the whole advance 15 days so accurately without knowing how the news will flow in these days. That is the power of correct analysis. For your easy comparison of the previous moves with the current setting chart for you,
Trade plan for next week.
1. In the current fig I marked one red line upside If this is taken out in the next session in both time frames then this downtrend will convert into the upside But always use Fridays low to stop loss even if the takeout condition gets activated upside.
2. On the contrary, if the taken-out condition does not activate then get ready to see fall. and the target I will not share find yourself. I gave you two points and marked everything on the chart. this is your trade for next week, Those who would follow my analysis, definitely they will earn a lot. For new readers writing about taken out condition how you have to implement. Taken out condition works in the two-time frame combination for daily( 4 hr + 1 day) analysis. Similarly, work for lower time frames is also a two-time frame combination. For intraday trades 1 hr with 15 min. For taken out condition price has to complete in both time frames. Aggressive traders can take that side position in a lower time frame with the stop loss of breached candle low. In both the time frames given line is breached by a candle that candle high is to be breached by the next candle and close should be above the previously breached candle. This is how taken out condition is being implemented.
Yogesh Vats
Disclaimer:- All trading positions should be taken from consulting your financial planner. This study is for educational purposes only.
Hi sir,
today you haven given amazing info regarding taken out conditions , previous day low and high importance and once breaks any side price needs to spend some time in the same direction
for the trend to continue after these coaching today i am so much confident and bought futurers after 10:15 long legged doji engulfued by 11:15 bullish candle with 3 lots and booked exactly 250 points amazing trade today.. This is my first big profit and increased lot size.. Your teaching made this...
Thanks is not enough for you..
harryreddy
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Sir, I am sorry if my observations hurt you. I am apologizing because you sounded hurt and i dont want to hurt you as i treat you as my Guru. Your efforts are always appreciated but wanted to bring to your attention in transparent fashion. Incase you feel we should not share our observations i will not do it hence forth. I could have easily shut up and moved on. I did it for the sake of everybody with intention that none of your followers should some day earn regularly.
Anyways will not post anything going forward. Lesson learnt.
Sivvis
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Sir
Today a spinning top ,followed by bearish candle formed .
Indicating selling may come.
Your words about time to book profits also gives confidence to take puts.
Thank you
Rohaningle
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@yvatsji Sir, Apologise for not trading every day and not posting all the trades, what you are doing is extraordinarily great work for all of us. I am following you for many days. I have full faith not only in your analysis but you as a person. Today after your warning (I consider this as a tip as I believe you blindly). after seeing your message enter the short side immediately and still holding. Thank you for supporting us. you have a long list of followers I am one of the member. yes I sometimes face difficulties to understand your message, but it's because of my lack of knowledge.
@yvatsji Sir you dont worry about the critics. You are doing an awesome job by being an inspiration to hundreds of people. Before seeing your posts i was feeling trading is more like Gambling. Only after f0llowing you i understood someone can master it if can put in the hard word.
Even Gods were criticised in our Puranas. So we are mortal beings. For every ONE critic you have several followers who admire you. Dont worry about critics.
God has blessed you already and will keep blessing you for selfless service. Sometimes it is frustrating when we cannot understand your language. IT is true. But its not your fault. We need to learn your language to understand what you mean. So accept our gratitude and forgive the few who are not grateful.
Chart_Asset
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sir yesterday you gave message about volatility and same time hanging man candle formed in hourly TF (14:15) and it is validated for todays trade.. booked around 200 points in options 25000PE with one lot...
connectzain
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@yvatsji Sir i had a setup to enter PE. But didnt have the confidence to hold. But your message gave me the confidence to hold atleast min Quantity even thought Nifty was very Bullish. Profit still running.
Thanks a ton for your selfless service.
harryreddy
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Share please share your view on the question Dow Jones/SGX and Nifty question.
chandrashekars1989
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I'm truly amazed to see your analysis and strength of Technical analysis.
Right now, studying the books you had shared.
I'm hoping and positive that One fine day I'll start making profit ( incurred huge losses by my own mistakes and following tips without prior knowledge). I will post my analysis here to others as you suggest to help the community.......
today you haven given amazing info regarding taken out conditions , previous day low and high importance and once breaks any side price needs to spend some time in the same direction
for the trend to continue after these coaching today i am so much confident and bought futurers after 10:15 long legged doji engulfued by 11:15 bullish candle with 3 lots and booked exactly 250 points amazing trade today.. This is my first big profit and increased lot size.. Your teaching made this...
Thanks is not enough for you..