LEARN HOW ONE CAN CHANGE ONES SENTIMENTS
SEE HOW I TOOK DECISION WITH THE PLAN SHARED ON 18-4-20
1. I SHARED IN PREVIOUS POST THAT MY BIASED IS ON LONG SIDE AND WILL CHANGE TO SHORTS ONLY WHEN LOWER LINE OF GREEN DOTTED CHANNEL IS BREACHED. SEE HOW I TOOK MY DECISIONS IN MORNING.WHEN SGX NITY WAS ALMOST 50 POINT DOWN IT WAS SUPPOSED TO BE OPEN DOWN BUT TILL 9 AM IT RECOVERED COMPLETLY.MEANS GAP UP OPENING AND ATER THAT PRICE SHOULD MOVE UP AS IT IS IN GREEN DOTTED UPWARD CHANNEL. INFACT I WAS EXPECTING START MOVE TO DOWN SIDE. THAT IS WHY I DID NOT CARRY ANY POSITION WHICH I SHARED IN PREVIOUS POST. WHERE AS BNF OPENED UP. NOW SEE THE GREEN FIRST CIRCLED CANDLE OF THE DAY. IT OPENED AND TOOK RESISTANCE OF UPPER GREEN LINE OF DOTTED CHANNEL. I WAITED FOR 15 MIN TO SEE MAKING NEW HIGH BUT IT DID NOT RECOVER. SECOND I GAVE A RED REVERSAL ZONE THREE WEEKS AGO .THE LOWER END OF ZONE ACTED A RESISTANCE OF TODAYS OPENING. THAT TWO CONDITIONED CHANGED MY LONG BIASED TO SHORT IN 15 MINS. I TOOK SHORT AND COVERED ON 3RD CANDLE LOW APPX. AS THIS IS NOT THE BIG CHANNEL SO TARGET OF SHORT WAS NOT BIG. SEE CAREULLY 2 & 3 CANDLES ARE TAKING RESISTANCE ON EXACT LOWER END OF RED ZONE. THEREFORE MOMENTUM OF SHORT SHOULD BE INCREASED. BUT 4TH CANDLE GAVE ME IMPRESSION THAT MARKET IS GOING IN SIDE WAYS. I WAITED TILL 6TH CANDLE. THAT TOOK SUPPORT ON GREEN LOWER END OF CHANNEL.I TOOK SECOND POSITION TO LONG. BUT SEE CAREULLY AFTER BREACHING RED ZONE RESISTANCE IT CHANGED ITS SENTIMENTS TO DOWN. I GOT TRAPPED AND MY SL GOT TIGGERED . ITS OK IT IS PART OF TRADING. NOW SEE WHEN IT BREACHED THIS CHANNEL I CHANGED MY SENTIMENTS TO AGAIN TO SHORTS. AND CARRIED THIS POSITION TO NEXT DAY. SEE HOW SWITCHING OF SENTIMENTS WITH PRICE CAN BE DONE FOR INTRADAY TRADING.
PLAN OF TRADING ON 21-4-20
I MADE TWO STRUCTURES OF PRICE ONE IN WHITE COLOR AND SECOND ON RED COLOR. I EXPECT THE WILL TOMMOROW MOVE IN THESE STRUCTURES . MY BIASED OR TOMMORROW IS SHORT. I ST TARGET TO COVER SHORTS IS IN GREEN COLOR DOTTED LINE. IF BNF GO INTO EXTENTION THEN 2 ND TARGET . MY BIASED CAN CHANGE TO LONG DEPENDING UOPN THE MOVEMENT OF PRICE AS I SHARE EVERY DAY. REST MARKET WILL DECIDE.
1. I SHARED IN PREVIOUS POST THAT MY BIASED IS ON LONG SIDE AND WILL CHANGE TO SHORTS ONLY WHEN LOWER LINE OF GREEN DOTTED CHANNEL IS BREACHED. SEE HOW I TOOK MY DECISIONS IN MORNING.WHEN SGX NITY WAS ALMOST 50 POINT DOWN IT WAS SUPPOSED TO BE OPEN DOWN BUT TILL 9 AM IT RECOVERED COMPLETLY.MEANS GAP UP OPENING AND ATER THAT PRICE SHOULD MOVE UP AS IT IS IN GREEN DOTTED UPWARD CHANNEL. INFACT I WAS EXPECTING START MOVE TO DOWN SIDE. THAT IS WHY I DID NOT CARRY ANY POSITION WHICH I SHARED IN PREVIOUS POST. WHERE AS BNF OPENED UP. NOW SEE THE GREEN FIRST CIRCLED CANDLE OF THE DAY. IT OPENED AND TOOK RESISTANCE OF UPPER GREEN LINE OF DOTTED CHANNEL. I WAITED FOR 15 MIN TO SEE MAKING NEW HIGH BUT IT DID NOT RECOVER. SECOND I GAVE A RED REVERSAL ZONE THREE WEEKS AGO .THE LOWER END OF ZONE ACTED A RESISTANCE OF TODAYS OPENING. THAT TWO CONDITIONED CHANGED MY LONG BIASED TO SHORT IN 15 MINS. I TOOK SHORT AND COVERED ON 3RD CANDLE LOW APPX. AS THIS IS NOT THE BIG CHANNEL SO TARGET OF SHORT WAS NOT BIG. SEE CAREULLY 2 & 3 CANDLES ARE TAKING RESISTANCE ON EXACT LOWER END OF RED ZONE. THEREFORE MOMENTUM OF SHORT SHOULD BE INCREASED. BUT 4TH CANDLE GAVE ME IMPRESSION THAT MARKET IS GOING IN SIDE WAYS. I WAITED TILL 6TH CANDLE. THAT TOOK SUPPORT ON GREEN LOWER END OF CHANNEL.I TOOK SECOND POSITION TO LONG. BUT SEE CAREULLY AFTER BREACHING RED ZONE RESISTANCE IT CHANGED ITS SENTIMENTS TO DOWN. I GOT TRAPPED AND MY SL GOT TIGGERED . ITS OK IT IS PART OF TRADING. NOW SEE WHEN IT BREACHED THIS CHANNEL I CHANGED MY SENTIMENTS TO AGAIN TO SHORTS. AND CARRIED THIS POSITION TO NEXT DAY. SEE HOW SWITCHING OF SENTIMENTS WITH PRICE CAN BE DONE FOR INTRADAY TRADING.
PLAN OF TRADING ON 21-4-20
I MADE TWO STRUCTURES OF PRICE ONE IN WHITE COLOR AND SECOND ON RED COLOR. I EXPECT THE WILL TOMMOROW MOVE IN THESE STRUCTURES . MY BIASED OR TOMMORROW IS SHORT. I ST TARGET TO COVER SHORTS IS IN GREEN COLOR DOTTED LINE. IF BNF GO INTO EXTENTION THEN 2 ND TARGET . MY BIASED CAN CHANGE TO LONG DEPENDING UOPN THE MOVEMENT OF PRICE AS I SHARE EVERY DAY. REST MARKET WILL DECIDE.
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