RAYMOND trade ideas
Simple way of Using Trading view for Wave Count Trading view has very simple & Easy to use tools in it , People just complicate and try to make forecast which often fall to make move
i have used the Zig Zag Indicator for understanding the Wave Count , although i take account of Higher time frame but for you Guys to understand i am using 4 Hour chart , i have made an Modification in the Zig Zag Tool , in the place of Regular setting i have replaced to Most effective settings
the settings are
20 Period
3 Stander ed deviation
Chart time frame 4 Hour , it does not matter on what time frame you use , but must consider the termination of current trend /Wave count will occur on that particular time frame based only
As Professional Analyst for me its easy but for many its difficult to understand so one who is reading or trying to understand wave theory this post might help them
Good luck and keep learning
RAYMOND IHNS Strategy TradeEntry Strategy = NeckLine
Stop Loss Strategy = Low of Right Shoulder
Exit Strategy = Exit on Target (Height of the Head)
Entered on 939.95 with a stop loss at 895 Target hits at 1013.90
Raymond IHNS Strategy TradeEntry Strategy = Pivot Line
Stop Loss Strategy = Previous Candle Low
Exit Strategy = Trailing Stop Loss
Entered on 942.30 with a stop loss was at 911.10 Trailing Stop Loss hits at 1057.30
RAYMOND: SELL at 818.15 SL 825 TGT 782RAYMOND is a SELL on NSE around 818.15 with SL at 825 and Target of 782
Recent Fresh Shorts initiated with 78% OI and a CS pattern of Three Black Crows Bearish.
Raymond Cup and Handle NecklineThe breakout is not confirmed. It can shoot up as well as shoot down. Price action will tell.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
Long if it breaks the high of the previous day with a stop loss at the previous day's low.
One can also initiate long straddle but given at the starting of the month with a range bound stock. It is gambling.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
RaymondBuy Raymond for short term it's a bullish BAT Pattern
Also, Huge Call unwinding at 900 in Sept Series.
Raymonds breaking the upper channel after some previous failed attempts and also moving above 20 days SMA , 20 days SMA is almost like a magnet to the price , other than small deviation at times , price and 20 days SMA meet frequently
Raymond - Buy between 825-810 / Targets 920-1000/ Stop Loss 785Raymond - Buy between 825-810 / Targets 920-1000/ Stop Loss 785.
Thanks,
RP
Trend Reversal in Raymond?After divergengence Break out horizontal RSI MACD crossover and sloping downward trendline. A good candidate for trend reversal?
Raymond Long...RAYMOND make the Diagonal pattern
Entry above 802.5
TP 827 / 869
Disclaimer:
The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable for your own financial situation.
I am not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
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