COMPARING MY YESTERDAY STATEMENTS WITH REAL MOVE TODAY. 1. In yesterday post point no.1 trade plan what I mentioned is quoting for your consideration " it does not mean that tomorrow it can not open up or while trading can go to upper band of blue zone." . You can see the price in last candle closed exactly at upper band of blue zone circled in white . Just imagine people can not take out right direction of trend , Here you get inch to inch targets and move of price taking support resistance on perfect points . Not only one day consistently everyday. Analysts give 50% , 70% consistency but I try to give 99% consistency of move. The price takes support on green zone upper band circled in white and complete move on upper band of blue zone. I know many people watching my post there would be few who can not digest this accuracy and will hurt their ego . They would be trying to satisfy their ego by writing ill logical comments without any logic. My sincere advice is rather to satisfy their ego try to make money with my analysis as many new traders are making everyday and writing to help and motivate others. 2. Yesterday in same point no.1 I wrote" But soon you will see correction". With today move I feel price could go into extension rather than into extension of course with satisfying some conditions that I will discuss in later part of blog. See today correction had to start even I was expecting it for this I show you something which will authenticate my reading too. See first 5 candles all are range bound candles price tried several times in these five hours to start the correction process but 27 white ema acted a good support every time. At this stage price wanted to go in correction but to trap bears and confused traders hijacked the structure in 6th hrs into extension. Five hrs was good time to start correction but analyst see historical price and setup smart money created same impression but did entirely opposite. I have seen many structure in my life where move went into extension and extension. 3. For new followers , I Write this blog to make you stand on your own rather then to spoon feed by giving trade related advice what to do what not to do. Every thing related to trend entry sl and exit I already share one day in advance . If you can understand you can get all from chart. If unable to get then please make yourself ready by study and practice hard to come to basic level of understanding market. I have suggested level one of study many times in my previous posts. Any one can write in comment box regarding two book. Trader community will reply this query. My profession is trading not teaching In trading hrs I do not like to reply . So please maintain this decorum in this community. Trade Plan for next day. 1. I made a pink color channel to show first sign of weakness price has to take this channel out then second sign a yellow color dotted line which price has to take it out in 15 min time frame. If these two sign conditions are satisfied then price can go to green and pink lower zone. 2. On the contrary if price takes support at yellow dotted line then can go into extension. 3. Now if price reaches at lower pink and green zone and take support then chances to go price movement into consolidation mode. Even at this stage extension of whole move can be seen , In coming days till this zone is taken out in 1 Hr time frame. 4. If price takes out blue zone upper band in both 15 min and 1 hr time frame both the next target is green dotted line, where price can halt sometimes or can consolidate near it. Either to make structure to go up or down. Always remember conditions should be understood properly with sl then time your trade. Rest market will decide. YOGESH VATS. DISCLAIMER :- Any trading decision is taken by consulting your financial planner. This all for educational purpose.
I have entered in this Stock market in 2016, Everytime i have listened to ETNOW and CNBC and some other stratergies said by other's, I made Full Loss, I have stopped trading for almost 2 years. But i am very passionate about Stock Market and it took for me to understand to be in this field first we have to Learn ABC's in stock market as you said to get a job we need to complete our Degree, then we are Eligible/Qualified to get a Job. I dont No what i am writing. But Basic are very very important. So I started learning PRICE ACTION.
By GOD GRACE I have found you. I haven't Paid a single penny to you. But I read your Technical Strategies every day. Feel like you are running the STOCK MARKET without any EGO's I am telling you SIR. Your strategies are working 101%.
People who are reading this one just my suggestion is Go with SIR strategies first, Do Paper trading and then you will only reply, How Perfectly his strategies are working.
Sometime i Feel like i have to become a PREMIUM Member of yours, But still i haven't done that due to PAST Experience.
But confidently saying that I WILL BE A PREMIUM MEMBER OF YOURs FOR LIFETIME MEMBER. Just i need sometime due to my personal reasons.
SIR My English is not that good. I Only Say to Other's his STRATEGIES ARE WORKING 101% WITHOUT FAIL.
sir i have one doubt what are those YELLOW AND GREEN Colour Round Circles. I couldn't understand. If possible please reply to my question. It will be great help
yvatsji
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@pulavarthyudaya, thanks is small word to show my gratitude towards you. The fact of stock market is what you explained to co - traders and exactly same in your words. I will not elaborate on education first because you all depicted beautifully. To guide on path of stock market by light of education is my mission. So that one day every person of Ihis country can stand on his own. You english is good, had it not, then all thoughs are clearly reaching to everyone in this community. May you start trading again.!
yvatsji
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@pulavarthyudaya, round circles are showing support taken by price exactly on support and resistance line.
vaibhava135
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Sir, took two intrday trades (both shorts) in BNF; In first, I shorted when Yeloow dotted line was taken out (in 5th candle), but my sl was not adiquate (100 points), so it was taken out. As 5th candle closed below yellow dotted line, I took again just below the yellow line in 6th candle (with 150 points SL this time) and covered my position at green line, catching 300 points in this trade.
wadhwaamit4
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I took 2 lot 21500 put @137 and sold it at 237 when BNF reached 21530...made 4K profit. Sir when conditions are cleared ..trade is stressfree under your guidance.
yvatsji
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@wadhwaamit4, happy to hear this at least today you made money.
I have entered in this Stock market in 2016, Everytime i have listened to ETNOW and CNBC and some other stratergies said by other's, I made Full Loss, I have stopped trading for almost 2 years. But i am very passionate about Stock Market and it took for me to understand to be in this field first we have to Learn ABC's in stock market as you said to get a job we need to complete our Degree, then we are Eligible/Qualified to get a Job. I dont No what i am writing. But Basic are very very important. So I started learning PRICE ACTION.
By GOD GRACE I have found you. I haven't Paid a single penny to you. But I read your Technical Strategies every day. Feel like you are running the STOCK MARKET without any EGO's I am telling you SIR. Your strategies are working 101%.
People who are reading this one just my suggestion is Go with SIR strategies first, Do Paper trading and then you will only reply, How Perfectly his strategies are working.
Sometime i Feel like i have to become a PREMIUM Member of yours, But still i haven't done that due to PAST Experience.
But confidently saying that I WILL BE A PREMIUM MEMBER OF YOURs FOR LIFETIME MEMBER. Just i need sometime due to my personal reasons.
SIR My English is not that good. I Only Say to Other's his STRATEGIES ARE WORKING 101% WITHOUT FAIL.
sir i have one doubt what are those YELLOW AND GREEN Colour Round Circles. I couldn't understand. If possible please reply to my question. It will be great help