EuroUSD Order Block | Swing TradeEuro Usd Swing Trade 4hr OB the reason for take trade and wait for Big target.
My Target is 1.08895 Let see
Note- Only for education Purpose
#orderflowtrading
BANK NIFTYImportant levels for 28/11/2022.
We witnessed comparatively higher volumes last session but post 11:30pm we were stuck inside a small range.
For tomorrow, if we open flat and sustain below PDL at 42864, we can short with SL of 60-70 points and look for targets of 42770 followed by the buyer reference zone 42625-42672. But if we see a gap up opening around 43188-43241 and see sellers coming in, we can also short as the RR would be very good.
For longs, if we open flat and move above 43080, we can take positions with SL of 50 points for targets of 43188-43241.
NIFTYImportant levels for 14/09/2022.
The old buyer reference to watch for is 17808-17838. If we see buyers coming in at these levels, we can go long for target of 17968-17997. If we break and sustain above it, we can see price testing 18050-18100 levels also.
But if we break 17800, we can short for targets of 17643-17660 an the final targets can be old buyer reference of 17492-17538.
Although we will be seeing an negative opening, I personally will be looking to buy the dip.
BANK NIFTYImportant levels for 14/09/2022.
Whatever we are seeing in the global markets at this point of time is super negativity but we should not consider these things as these are completely out of our control and one piece of advice please do not close your eyes and short as what we are seeing in our index of concern is a very nice uptrend.
From the looks of it, we are seeing a gap down opening tomorrow and once that happens the first 15 minutes will be really crucial and i would not be placing my bets on the shorter side in case of a big gap down.
39302-39591 is an important buyer reference area and once we see VA of tomorrow developing around these areas we can look for longs for targets of 40030-40080. Once we sustain above these zones all we need to do is keep trailing our SL.
But if we break 39300 then will short with 50% of normal sizing for targets of 38955,38828 and 38600.
NIFTYImportant levels for 13/09/2022.
Twice the index tried giving a breakout but failed and the second failed breakout saw a drop of 75 points into the close giving the sellers control.
For tomorrow, 17978-17988 can act as a resistance and if we see price rejection there, we can take shorts with a 25-30 point SL and aim for targets of 17930,17873 and 17815. If we still sustain below it we can test the old buyer reference area of 17738-17763.
On the upside, today's high @ 18025 to be taken out and with the old seller reference quite close would love to give longs a miss.
BANK NIFTYImportant levels for 13/09/2022.
After the initial movement for first half hour the range was less than 150 points. The sellers were strong but not strong enough to break the VA and buyers not strong enough to break PDH.
For tomorrow. longs can be taken only when we break 40770 for targets of 40935 followed by the old seller reference of 41150-41400.
On the downside, once we sustain below 40610, we can short the index with SL of 40680 and target 40470 as the initial target followed by 40370 and finally the buyer reference of 40278-40308.
In case of gaps, we shall wait before we take any kind of positions.
I personally have a neutral to negative bias.
BANK NIFTYImportant levels for 12/09/2022.
From where we closed last session, the first few minutes will be quite crucial. Initially the up move was restricted and we did see the sellers gaining more control and just as we filled the gap come big volumes came up but we did close inside the VA.
For tomorrow, we need to be patient before taking any position. Safe longs will be above PDH @ 40753 as 40615-40675 is the area where sellers built there position on Friday and with PDH close by we should wait.
If we see a gap down, 40278-40308 is the buyer reference area and can be a good entry or our longs for targets of 40475,40536 and 40615-40675 regions. but if we break 40278 and sustain below it we can see 40177 and 40098 as our potential targets.
NIFTYImportant levels for 12/09/2022.
We broke out from a range to get stuck in another range. As of now sellers look to be in control and i will prefer to short the index unless we break 17978 and sustain above it.
Any gap up or gap down, we wait for VA to develop before taking any positions, but if we see a flat open we can short the index with 50% of our normal position size with initial SL at 17905 for initial target of PDL @ 17805 and if we sustain below it we can start pyramiding with final targets of 17739-17763 which is the old buyer zone.
Keeping position sizing in control is going to be important now as the index is still indecisive.
NIFTYImportant Levels for 09/09/2022.
We closed at the upper range of the previous seller reference and with the VA at the top we need the price to sustain above today's high for at least 15 mins before we take on long positions for targets of 17938-17979. SL can be placed at 17800.
On the downside if we break 17800, we can take 50% of our normal position size with SL of 17830 and pyramid once we break and sustain below 17740 for targets of today's low @ 17695 and the previous buyer zone of 17640-17663. In case we do not see price breaking 17740, we can square off positions there itself.
BANK NIFTYAlthough we opened with a big gap down, we witnessed structure similar to August 29.
For tomorrow, the point of entry for longs does not give a good RR with old seller references to close for comfort.
But once we sustain below 39475, we can add 50% of position size and pyramid once we break today's low @ 39340 and look for targets of 39200, 39120 and the old buyer reference of 38828-38955. SL will be of 60-80 points max.
NIFTYImportant levels for 08/09/2022.
Another choppy session and the 5th straight session we have not witnessed any trend continuation.
For tomorrow, as we see the index stuck scalps can be taken as per the VA on intra basis, planning levels at CMP looks a real tough task as longs do not offer a good RR unless we break 17845 and similarly on the downside we get good trades only below 17490.
Play with very less quantity.
NIFTYImportant levels for 07/09/2022.
Longs look a bit risky from where we closed today. Shorts can be taken once the price is below 17650 with a 20-25 point SL for initial target of 17600 followed by the old buyer reference of 17492-17539.
Unless we see the mentioned level being triggered, sitting and watching would be a better option. Going in tomorrow with a neutral to negative bias.
BANK NIFTYImportant levels for 07/09/2022.
Looks like the bulls and bears are having a nap with none exerting firm control on the index and seems we can have one more session without any proper direction.
For tomorrow, safe bets on longs can be placed above the seller reference zone of 40145-40276 and safe shorts below 39430.
For Intraday, scalps can be taken as the day develops as we do not see any big space o either side from CMP.
Will update if i see any good trade.
NiftyImportant levels for 06/09/2022.
Bank Nifty managed to break out of the range and close above it, but Nifty is still stuck.
For tomorrow, longs can be taken above 17735, with a 20-25 point SL for initial targets of the previous seller reference of 17796-17843.
On the sell side, will short only below 17650 for targets of 17580,17543 and 17496. Sl for this trade will be 15-20 points only.
17650-17735 shall be treated as a strictly NO TRADE ZONE.
BANK NIFTYImportant levels for 06/09/2022.
A completely nothing day, apart from the initial 15 mins. But still then, we got one nice trade which just hit our target.
For tomorrow, although the index looks positive, I do not see a good RR as immediate seller references are close by and we can see quite a bit of rotation. Safe longs can be taken once we break and sustain above the seller reference are of 40145-40276. Intraday scalps on the long side can be done with small position sizing and trailed aggressively.
On the downside. we can short once we sustain below 39813, for targets of 39711,39570 and 39490.
BANK NIFTYImportant Levels for 05/09/2022.
We are currently trading inside a zone where we need to avoid taking unnecessary risks. 39300-39800 is the range which needs to be broken for good trades.
On the upside, once we sustain above 39780-39800 for 15 mins then only we can plan for longs with initial targets of 39980-40080, sustaining above these can see 40270 also.
On the downside, good trades will be below 39300 with SL of 80-100 points and initial target of 39100 followed by previous buyer reference of 38955. The final target for this trade should be around 38800.
In case of gap at the open, we shall wait for VA to develop before taking any positions.
NIFTYImportant Levels for 05/09/2022.
No to shorts till we go below 17482, once we break it we can look for initial target of 17440 followed by the next buyer reference of 17357-17382.
On the upside, we can add 25% of positions once we break 17620 and start pyramiding above 17657 for targets of 17735 and the previous seller reference of 17796-17843.
NIFTYImportant Levels for 02/09/2022.
The context is definitely not bearish from where it stands currently. If we see a flat open and we break 17620 on the upside after initial 15 mins, then we can immediately take longs with SL of 16585 and look for initial target of today's high @ 17734 and final targets at the previous seller reference area of 17783-17843.
On the downside, we do not see a good RR, so will give it a miss. But if we open with a gap up and see resistance at the marked seller reference, then will look to short with reduced quantity. Targets to look will be 17620,17576 and finally today's low @ 17482.
BANK NIFTYImportant Levels for 02/09/2022.
We witnessed a volatile session but our levels worked wonders and in the end had a good expiry.
For tomorrow, the seller reference zone is 39600-39780 and if we see a flat open and price gets rejected we can witness a good fall. The targets to look forward here are 39100,38952 and final targets of 38796. SL here will be 39800.
If we open with a gap down, then we shall wait to see if the recent buying area of 38796-38952 finds support and if that happens we can take longs with reduced quantity for targets of 39366,39537 and 39775.Sl here can be of 60-80 points and trailed aggressively.
I will be having bearish view unless we break and sustain above today's high.
NIFTYImportant Levels for 01/09/2022.
With the VA shifting to the upside in the last minutes, either the morning longs have booked out of their positions or smart money have taken positions. On Thursday if we cross today's high and sustain above it for the first 5 mins, we can see another round of buying till the old seller reference of 17938-17980.
But if we start trading lower, we need to wait and watch what happens in the zone of 17717-17757 to build positions. If we find support that will be a signal for longs with initial target of today's high @ 18860, but if we slid down, we can sell with reduced quantity for targets of 17600,17553 and 17492. The Sl has to be trailed aggressively for this trade.
BANK NIFTYImportant Levels for 01/09/2022.
What a day it was, we had expected this move and captured a good chunk of it. The buying was relentless and even pullbacks were not more than 50 points, such was the strength.
For the expiry, once we cross today's high @ 39800, the immediate seller reference area is from 39984-40083. Longs taken can book full profits here.
Any pullbacks till 39386-39480 can be good for entering longs with initial targets of 39800.
Will look for shorts with lesser quantity at 40050-40100 levels with a strict SL of 50-60 points. With all major moves done expecting a sluggish expiry.
NIFTYImportant Levels for 30/08/2022.
Once we break today's high @ 17440, and sustain above it for 15 mins, we can take long positions and look to book complete position at the previous seller reference of 17660-17710. Partial gains to be booked around 17515 and 17615.
I personally wont be shorting the index as to where it stands currently. Scalps can be taken once we break 17350 levels for 17320 and 17290. Today's low @ 17250 can be the final target. SL has to be trailed aggressively for anyone willing to take this trade.
BANK NIFTYImportant Levels for 30/08/2022.
A big gap down but after that not much strength was seen from the sellers and the buyers defended 38400 levels brilliantly.
If we open flat and sustain above today's high @ 38560 for a 15 min candle, a wonderful trade opens up with final targets of 39218. Partial positions can be booked at 38740 and 38960. SL can be of 80-100 points and trailed accordingly.
On the down side, risky trades will be below 38230 with today's low @ 38137 as first reference, but RR does not look that good, here one can look for quick scalps if possible. 37890-38080 the previous buyer zone can act as good support.
I will be preferring to buy than sell tomorrow.
