SEE HOW TO DETECT EARLY CHANGE IN SENTIMENTS OF TREND
COMPARING MY YESTERDAY STATEMENTS WITH REAL MOVE TODAY IN BNF
1. In point no. 1 trading plan I gave only one condition that is for your consideration " trend will only change if upper band of zone 4 will be taken out till then down direction". That condition is fully taken out in last 15 min of trading. I circled a green color candle of last hr which broke upper end of zone and next candle takes out the high of previous candle . That is how trend changed to up ward side. Those who are positional shorts will wait for satisfying this condition and should have cleared their shorts after 3.20pm . The early sign were shown on 27 bar moving average in white color. In yesterday trade last three hours were showing support on that average Pius second candle of the day also took support on same average. when you find this sort of position on chart always switch your sentiments to opposite side this is early sign can exit short here or on 6th candle which gave clear decision where price came down by touching red upper band and recovered same. that recovery is clear to quit shorts. See for this reason I follow 27 bar average which gives me early sing of trend change . I every day to give practical lessons of trades . you should keep all lessons in mind while trading. Some times one should not wait to break zone ,support and resistance. This is also the way to take early decisions. when you are holding position. Confirmation will definitely come after taken out condition but this way you can reduce no of points for losing. every day new practical examples occur during trading my efforts are to train your mind and eyes recognizing all these imformations which chart deliver while trading. This will create an edge over others. Remember and practice on charts.
Trade plan for next session.
1. Since zone has cleared the trend has changed to upside so best strategy will be buy on dips next target is blue zone. Buy only when you get that setup in lower time frame.Wining traders share their trade in comment box so you all should visit once in a day after trade or while trading to see that imformation. Even I also learn many things from them. Learning is forever process . Never going to end in life. Always be learner. Those who are short they should quit their position in first 15 mins.Rest market will decide.
YOGESH VATS
1. In point no. 1 trading plan I gave only one condition that is for your consideration " trend will only change if upper band of zone 4 will be taken out till then down direction". That condition is fully taken out in last 15 min of trading. I circled a green color candle of last hr which broke upper end of zone and next candle takes out the high of previous candle . That is how trend changed to up ward side. Those who are positional shorts will wait for satisfying this condition and should have cleared their shorts after 3.20pm . The early sign were shown on 27 bar moving average in white color. In yesterday trade last three hours were showing support on that average Pius second candle of the day also took support on same average. when you find this sort of position on chart always switch your sentiments to opposite side this is early sign can exit short here or on 6th candle which gave clear decision where price came down by touching red upper band and recovered same. that recovery is clear to quit shorts. See for this reason I follow 27 bar average which gives me early sing of trend change . I every day to give practical lessons of trades . you should keep all lessons in mind while trading. Some times one should not wait to break zone ,support and resistance. This is also the way to take early decisions. when you are holding position. Confirmation will definitely come after taken out condition but this way you can reduce no of points for losing. every day new practical examples occur during trading my efforts are to train your mind and eyes recognizing all these imformations which chart deliver while trading. This will create an edge over others. Remember and practice on charts.
Trade plan for next session.
1. Since zone has cleared the trend has changed to upside so best strategy will be buy on dips next target is blue zone. Buy only when you get that setup in lower time frame.Wining traders share their trade in comment box so you all should visit once in a day after trade or while trading to see that imformation. Even I also learn many things from them. Learning is forever process . Never going to end in life. Always be learner. Those who are short they should quit their position in first 15 mins.Rest market will decide.
YOGESH VATS
t.me/tradengrow
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www.facebook.com/Trade-n-Grow-106510157783894/
twitter.com/yvatsji
www.youtube.com/channel/UC7BVSMV6b3Lyu1Sbf_9nA4g
As you already seen in bnf the red zone is taken out in one hr candle. In fact this condition is partially activated as 15 min trading took out last one hour trading candle. So in one hr chart Taken out condition is not fully filled. As I have noticed fake breakout in dow on Friday trading. Sgx is also at break down point. So those carried shorts on Friday should wait to cover their shorts til last swing high is even breached. In fact intelligent traders should have cleared shorts on Friday itself in last 15 min trading. But in ray of hope carried short should wait for latest condition.
Cheers..