I am looking for short selling opportunity , i will look to sell on reversal on 1 Hour and trail my stop after price move
Here is another Example how you can identify the Waves Formation using RSI , this week seems to be More of educational because of Larger scrip have confirmed the Completing of Waves or About to Complete This scrip is making Wave A of Impulse wave 1 ( its My understanding No arguments if you consider different) which is leading diagonal and the formation takes...
One Can have an visual understanding after viewing it with trend line placed , with out trend line it looks simple a Monthly chart , Here i am trying to say that basically trend line is only for what kind of pattern we are looking in the chart , they do not mean any kind of support Or Resistance , do Elliott wave theory works in the real time market ? answer ...
This is currently forming 4th wave , i am expecting the 4th wave to be short in relation to length of the Total completed waves this one i am expecting short wave 4 because we saw wave 2 is shortest , and usually when this kind of extensions are taking place in Wave 1 and Wave 3 , we can expect shorter wave in 4 and possible truncation on wave 5th , its also...
One can Look for selling Futures on rise with Reversal in Confirmation in 1 Hour , look to cover either by trailing stop or near possible termination of Wave C @ 144
I was Wondering when i saw Buy reference for this scrip , are you guys dont understand what is trend N what is Counter trend ?? , this one is Going to Go down but it will make one more attempts before Cracking , I have tried to place bar re print , its will not move exactly but high likely it will follow the pattern Look for short selling on rise in Futures...
This one as it is completed the Pattern and due for correction as C wave of internal , its one of the pattern of B Wave and You can also see the running flat in the Middle of B wave , Now in rare cast it might move up and tag the 491 , buying at this level is not That Good , but one can look for selling short in Futures after confirming the reversal on Daily...
I am just posting it as long term view , it does not conflict any of other views , but its most of educational , those who can understand wave analysis , can get to know what is happening on HTF one can understand the direction of this scrip and can take trade in the direction of Higher time frame Good Luck
I dont know how Option trading is profitable when you sit on assumption that your options premium is correct and you will get profits form it a Trader name as Leef asked me today will it come up to 1400 , it might come but it will be slow as it has shown the start of bearish momentum this one will move up weak on daily , one can look for selling short in...
One can look this as possible X wave building which will be Zig Zag in Nature and any reversal in current level one can go long for completing the Possible X wave and look for termination in Price action , and trade accordingly , take entry and exit on price action confirmation , the indicated price level are tentative , real time can differ
Guys there is lots of miss direction posts are coming for this , dont be fooled by market temper-wary sentiments look for sell set up in Futures on 4 Hour reversal , Just dont buy or sell , Understand the concept , in my understanding the pattern is Zig Zag formation , and I am using 2 day candle charting so the noise is reduced , Hope you will take better...
One can look for Going long on 1 Hour strong Green Candle brake out , if the candle is weak or have more than 15 % wick on either side , wait for 1 Hour Bullish candle formation and enter , if you enter thinking anything other then this , Market will teach you lesson Good Luck
This one scrip have made two different Running flat in the trend 01) Regular Running Flat which is usually long Extended Overlapping price action for Wave B 02) Contracting Flat which is also called Running Flat , where the Wave C does not come down and Gets reversed in very narrow price range Now its on high level and i dont think its good to go for Fresh...
Well some one posted where the Nifty heading ?? and they cant get it because they do not have certain performed ability what professionals have , we know what is happening and we also how this entire system works , You can expect Nifty move as per bar pattern re print , you can expect overall move but dont expect the pin pointed turn around , there is always...
You can look for buying in case you want to buy for short range buys , or you can look for reversal in 4 Hour before going short in Futures after this small move up , i am forecasting it as small flag before completing the 1 wave down Enter with your trading style
This chart is of 2 Week candle , so dont get confused with 1 Week charts , this was coming down and we ware forecasting it for our clients form top of Levels , we rolled over our Future contract , Now we are expecting this will enter a range Zone before heading for last correction its one of the Probability ,Not necessary it has to happen , Lets wait and see...
OK i am have started posting because the Person who try to send wrong message in PM and have lost 8 Laces , he was trying to prove that he was right and i was wrong took all counter trade and lost the Money whenever he use to lose money he was messaging me asking about trade he lost , Today he made an Apology and he is now convinced that sending Message to some...
When i see many traders who come here and try to place the trend line randomly , i wonder what they are looking ?? most of the newbes get Caught up with trade call or some thing like that , but they fail to understand the direction of the trend , when a scrip is in new area , all this support & resistance people will get everything mess up , its really...