Selling
KHADIM (1D) SELL KHADIM (1D) Triangle pattern breakout (selling)
set stop loss according to the pattern
Target-105 to 100
Headlining Support and ResistanceGreetings Traders,
"If you want to know where to place your stop loss, you must know the peaks of Support and Resistance."
Price does not move directly upward or downward. It follows a specific pattern to move ahead.
Support acts as a base. When the price will move twice or thrice on the support, the next time it might break out.
Stop-loss should be below it.
BUY IT WHEN IT IS IN THE DEMAND
How to trade based on Zones?This is an example of how I mark my charts while taking trades.
Defensive trading strategies are very good for sideways markets. The indices around the world are sideways and not making any fresh highs or lows.
The principle that I have explained on the charts is ideal for protecting your capital and has a higher chance of succeeding. When the price moves to either of the extremes, you should look at taking a trade on the opposite side.
This means that once the price approaches the higher boundary, you should be looking at selling and when the price approaches the lower boundary, you should look at buying.
This does not mean that you blindly set that marked price as the entry point, but you should wait for an extreme to be created and then take a trade only after the confirmation of your bias. Trading such markets requires patience and entries should only be made on the boundaries. If you enter a trade in any direction in the middle of the zone, you are likely to get trapped. What I mean by trapped is that your stop loss will become larger and probabilities are starting to move against you.
Trade only with capital you are willing to lose and maintain proper money management.
Feel free to ask questions, if you have any! :)
NAUKRI Selling Climax sign for reversalmonday morning opening session price may reverse for some time
SWING TRADE- GBP/USD- SELL FROM 1.25500-1.25700 REGIONCONTINUATION GU - FROM 1.25500-1.25700 REGION
LOOKING TO GO SHORT GU FROM OUR BLUE ZONE WE HAVE CONFLUENCES THAT AT THE 1.25500-1.25700 REGION WE COULD SEE SOME SORT OF SELL OFF IN THIS REGION WE HAVE 61%FIB ALSO A TREND LINE AND TWO PRICE GAPS THAT HAVE TO GET FILLED UP IN THIS AREA
ALSO WE HAVE ELLIOT WAVE WHICH LINES UP PERFECTLY WITH THE 4 WAVE I THINK THIS IS JUST A PULL BACK BEFORE WE SEE PRICE DROP TO AROUND 1.22500 THIS IS WHERE OUR FIRST TAKE PROFIT IS OUR SECOND TAKE PROFIT IS 1.21700 THIS GIVES US AROUND 320-400 PIP TARGET DEPENDING ON ENTRY
SELL LIMIT 1 SELL LIMIT 2
ENTRY; 1.25550 ENTRY;1.25700
TP;1.22500 TP;1.21700
SL;1.25750 SL;1.25850
R:R; 1:15 R:R; 1:26
REASONS FOR GU SELL
61% FIB
DOWNWARD TREND LINE
LIQUITITY TRAPPED IN 1.25500-1.25700
R2(INTRADAY)(15)
4TH ELLIOT WAVE - MEANING NEEDS TO AST LEAST GO BACK TO PREVIOUS LOW
I WILL LOOK AT PRICE ACTION BEFORE ENTERING THIS TRADE LOOK FOR BEARISH REVERSAL ON LOWER TIMEFRAME IN THE AREA OF 1.25500-1.25700
IF YOU SEE BULLISH MOMENTUM PAST 1.25800 DO NOT ENTER
TRADE AT YOUR OWN RISK
option selling with the help of chartsif nifty break upside sell put 10300 of 9th july expiry and buy 10300 put current week expiry
exit if nifty comes below 10300. this is for beginners. soon i will post adjustment also
Havells ShortAn opportunity for short selling. targeting 467 to 458.
drop in a comment for any suggestion!
Thank You
Biocon Short!Range bound price movement!
with a confirmation candle short position can be derived and can get a profit opportunity!
A rookie trying to learn
feedback are welcomed!
