Fractal
TCS - Swing Trade Entries and Gap Fill Trade OpportunityIn Daily chart,
The price is following the trend line.
The price is in a consolidation state in between the levels shown.
LTP is holding Monthly-Central Pivot Point
In 4hr chart,
For Buying, wait for the LTP to break the Fractal @2731 (Buy above 2736) - TP @2811
If the price breaks the bottom level, sell below 2604 - TP @2540 - Gap Fill Trade Opportunity
The opening price for December month decides the direction of the market when using the Pivot points for Sing trade.
Position Sizing according to the risk taken.
Choose SL carefully (0.5% of stock price preferrably)
HERO MOTOCORP Long @3051Price is in a zone in 1Hr
Fractal Breakout Play
Long @3051 or Short @2974 - Both are Fractal extremes of Nov 26th. So it is the Day High-Low Breakout Entry Strategy.
For Long entry, consider taking profit @3097
For Short entry, consider taking profit @2948(TP1) and @2930(TP2)
HDFC Short @2176. TP @ 2146Sell the fractal breakout to the lower side
Price is below the cloud
Chikou-span has exited cloud to the downside
Take profit at 2146. It may take support at this level.
Position sizing is as per risk.
Bitcoin FractalFractal
Since August, fractal similar to May month is forming. This fractal is of 3 months (May to July) length and repeats after 3 month (August to October). Fractal holds similarities in price action like continuous rise in price for days, sudden big price fall, low and high in pattern are at same arrangement. This same pattern follows from October onwards.
Support:
Parabola formed becomes resistance to fractal after which price reverse back but now this parabola is broken and now this acts as a support.
Previous Zone between 13000 to 14000 is another big support level.
100 Daily MA had been support for both May and August, so it is a possible support. I have extended MA 100 line expecting such formation.
Their is one possibilty that BTC will keep moving along resistance and will bounce up wherever fractal had pumps.
Invalid:
This fractal could fail if BTC keeps on moving up breaking resistance.
What is UPTREND in #priceaction trading?If the market is pulling towards upside direction with less magnitude towards downside direction we can call it as an uptrend.
Characteristics of an uptrend:
1) Higher High and higher low pattern in the swings
2) Less magnitude in secondary swings or downside swings in this case
Hope this helps:)
Nataraj Malavade
Author of Mastermind of Day Trading
Quant Trader | Author | Blogger
COMA ( Combined Orderly Moving Average ) Friends whenever you want to trade Moving average system trading , One thing you must follow is an method called COMA that means
" Combined Orderly Moving Average " this basically help you to identify choppy and side ways market and trending market
during side ways market price moves in range where people trade it as trading in Zone system , Most retail and day traders trade it as support & Resistance
if you are looking for trending move where you will keep making money as long as you have confirmation and Trailing stop to keep your profits growing
this method is used in Wall street , and its called COMA , Most of wall street Professional like to trade trending market , they just pause or trade less in Choppy market
having an Experience as wall street Professional today i am providing you little called COMA + Trend line
Yes this method is money making method and Most Options sellers you this Method in Wall street , its simple method to understand
i will try my best to explain here in writing if you do not understand bear with me I will post after Oct 05 a video explanation
What is COMA ?
A COMA is a where all the selected moving average are in orderly manner the represent their placement in orderly manner
when all the 3 Moving average are in orderly manner the Market is in trending ,
that means any reversal at or near one of the moving average buy or sell set up
in buy set up and lowest low is stop loss , also one can use value of middle moving average as trailing stop or can book voluntary once it close below the
top moving average
in sell set up the price has to breach top moving average and then reverse which is considered as sell set up
the trend line placing exactly below the Lowest low or highest high moving average will help you to understand where the market is heading
i have posting some call out in the charts , Hope you will try to understand it
tats all friends Good luck