johntradingwick

johntradingwick

Key Highlights: 1. Bull flag formation 2. Rebounded from 200 EMA. 3. Good volume expansion. 4. Shift in market structure on HTF. 5. Look for pullbacks on lower time frames and enter accordingly. Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk. Happy learning. Cheers! Rajat...

johntradingwick

Key Highlights: 1. Bounced off from the flip level. 2. Rebounded from 200 MA. 3. Some increase in volume. 4. Shift in market structure on LTF . 5. Look for pullbacks on lower time frames and enter accordingly. 6. Good movement expected on closing above 3400. Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your...

johntradingwick

Key Highlights: 1. Bounced off from the previous support level. 2. Sellers unable to push the price below the psychological level of 1000. 3. Some increase in volume. 4. Continuous Bullish divergence. 5. Look for pullbacks on lower time frames and enter accordingly. 6. Good movement expected on closing above 1100. Disclaimer: This is NOT investment advice....

johntradingwick

Key Highlights: 1. Rebounded from the flip level + 200 MA. 2. Shift in market structure on LTF. 3. Some increase in volume 4. RSI curving back from the oversold region. 5. Look for pullbacks on lower time frames and enter accordingly. Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own...

johntradingwick

Key Highlights: 1. Currently in the midway of the channel. 2. Getting constantly rejected from the 18500 level. 3. There are 2 big pools of liquidity on each side. 1 has SL of the SHORTS, 1 has SL of the LONGS. 4. Liquidity = Pending orders in the market. The market moves from one zone of liquidity to the other zone of liquidity. 5. The current scenario is not...

johntradingwick

Key Highlights: 1. First attempt to break out of the channel. 2. Getting constantly rejected from the 36700 level. 3. Unfilled gap at 36900-37300 = Will act as resistance until the supply gets cleared. 4. There are 2 big pools of liquidity on each side. 1 has SL of the SHORTS, 1 has SL of the LONGS. 5. Liquidity = Pending orders in the market. The market moves...

johntradingwick

Updated 

For trading intraday on 30 November, you can follow this simple trading plan. Long/short with 17k as a mean reversal level. 1. Long above 17k 2. Short below 17k The global markets are positive today, hence I am more inclined towards the long side. If the price sustains above 17k, consider every pull to 17k as a buying opportunity. Disclaimer: This is NOT...

johntradingwick

Let's analyze the charts using different indicators that are commonly used so as to see what the different traders are looking at. Daily time frame 1. The RSI still has a potential for further selling. We are near the oversold territory. 2. There is no prominent support on the daily time frame until 15900-16000. 3. The 200 MA cluster is near 16100, which...

johntradingwick

With this post, we'll try to understand the selling narrative of the institutions and how they trap the traders on both sides. Just remember this one thing, "the market is never moved by retailers, only institutions can do that". The only reason why the institutions sell is to buy at lower prices. Nothing more than that. This happens in the following way:...

johntradingwick

This is the third post on market structure. Do check out the previous 2 posts if you haven't already. Recap Market structure is simple and a basic form of understanding, how the markets move. The Price Action is how the market moves based just on price, without the consideration of trends and how they may continue. But the market structure is focused mainly on...

johntradingwick

Recap Market structure is simple and a basic form of understanding, how the markets move. The Price Action is how the market moves based just on price, without the consideration of trends and how they may continue. But the market structure is focused mainly on the trend. The market structure is formed using swing highs and swing lows. You may have already heard...

johntradingwick

Market structure is one of the most undervalued topics in trading. People don't spend enough time learning about it. In this thread, I'll try to touch on all the important aspects of market structure. Introduction Market structure is simple and a basic form of understanding, how the markets move. The Price Action is how the market moves based just on price,...

johntradingwick

Updated 

Seems like we are going to resume the uptrend in BNF. I have a few reasons behind this logic. 1. Bullish divergence on 1 hr. (Entry time frame for the swing traders) 2. Price is just above 200 MA 3. Price retraced to 0.7 Fib level (not conventional level but works a lot of times) 4. The price is just at the swing level/flip level. 5. There are 3 Virgin CPRs...

johntradingwick

Updated 

1. The price was moving in a bearish market structure until it broke out of the structure on 8 November. 2. It formed a higher high and came back to the demand zone/bullish order block on 11 November. From there, it gave a rally of about 400 points and formed a higher high. 3. The price has been facing continuous selling pressure from this point and has swept...

johntradingwick

Updated 

1. The price has been moving in a bearish market structure since 25 October. 2. It's pretty clear from the chart that the volatility has been compressing. The swings have become smaller in length. 3. The price has been facing continuous selling pressure and has swept below all the recent lows. 4. Currently, the price is sitting at a demand zone/order block. 5....

johntradingwick

Updated 

Key Highlights: 1. Bullish market structure on HTF 2. Broke above the horizontal level 3. Untested demand zone below 4. Just above 200 MA on daily TF Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk. Rajat Kumar Singh (@johntradingwick) NSE Certified Technical & Fundamental Analyst

johntradingwick

Key Highlights: 1. Bullish market structure on HTF 2. Broke above the horizontal level 3. Support from 200 MA 4. RSI indicates a possible uptrend 5. Good breakout on the weekly time frame 6. Volume lacking at the moment Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk. Rajat...

johntradingwick

Key Highlights: 1. Bullish market structure on HTF 2. Broke above the horizontal level 3. Support from 200 MA 4. Good volume buildup Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk. Rajat Kumar Singh (@johntradingwick) NSE Certified Technical & Fundamental Analyst