BALKRISHIND, long wait & 18 points (Trade Analysis)BALKRISHIND was given for long at 11:02AM above 1097 when it was trading at 1095. It took considerable time to break out unlike most recommendations but it was worth the wait.
As I was occupied my day job, was not able to track and update on new levels as I have informed earlier as well that breakout levels change with time. Since this breakout took 3 hrs, new breakout level was 1091 instead of 1097 but unfortunately as I was not able to trade, could not update new level.
Still after breakout this moved to 1109.
This was our most successful month as except for 2-3 calls out of 30+, all went well. Same can be verified as well.
Price action is very simple if you understand the basics and practice it. There is no shortcut to earn in stock market and only those who are willing to spend time practicing, have patience and discipline succeed in long term.
Lower TF chart
Price action is very simple to understand and main focus is price/patterns. Keep your chart clean and free from indicators, follow same process daily to get good results.
If you wish to learn simple price action trading process (strategy seekers kindly excuse), kindly reach out.
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