AS USUAL BNF MOVED SAME AS SHARED WHAT NEXT SEE ANALYSIS!!
COMPARING MY YESTERDAY TRADING PLAN WITH ACTUAL MOVE IN BNF.
1. FIRST OF ALL THANKS TO ALL MY FOLLOWERS WHO JUST ON ONE CALL SEND MANY LIKES AND COMMENTS TO ALL MY POSTS SHARED YESTERDAY. I AM HIGHLY THANKFUL TO ALL WHO LIKE & COMMENTED . HOPING REST WILL TAKE PART SOON.
2. NOW COME TO YESTERDAY STATEMENTS SEE I PLOTTED TWO STRUCTURES OF MOVEMENT IN BNF. IT FOLLOWED WHITE ONE SAME.
YESTERDAY I SHARED PRICE WILL COME TO GREEN SUPPORT 18650 THEN A SMALL BOUNCE . THAT I WILL USE FOR SHORT. MARKET OPENED JUST ABOVE OF 18650 LEVEL AND SELL ORDERS INTENSTITY DID NOT LET THIS SUPPORT TO ACT AND MOVED TO LAST LEVEL OF ZONE IN BLUE COLOR 18200 CIRCLED IN PINK COLOR.THAT LEVEL WAS ALSO GIVEN LAST WEEK. JUST SEE THE INPORTANCE OF THESE LEVEL THAT BLUE LINE CHANGED DOWNWARDS TREND TO RANGE BOUND AND THEN TO UP SIDE. EVEN THE GREEN LEVEL ALSO WORKED AS CLOSING IS ABOVE THIS LEVEL. THIS MOVE IS CALLED WHIPSHAW. IN ANY OF MY POST YOU CAN SEE THE ZONES,LEVELS WHICH I MARK IN CHARTS , THEY ALL HAVE POTENTIAL TO CHANGE SENTIMENTS OF MOVES. THIS IS CALLED THE DEPTH OF STOCK LANGUAGE. I HAVE SEEN PEOPLE PROVIDE MANY LEVELS ANY OF THEM WILL WORK. I GAVE ALL ZONES JUST ONE WEEK ADVANCE. THAT IS WHY I STRONGLY RECOMMEND TO BOOK PROIT NEAR THESE LEVELS.
3. SEE I DID NOT TRADE FIRST CANDLE THOUGH IT HAD GOOD MOMENTUM. MANY OF YOU WOULD HAVE TRADED THIS. PERHAPS NOT AS SKILLED AS YOU ARE. REASON THIS IS A FALLING KNIFE CANDLE. SPECIALLY IN FIRST HR GREAT VOLATILITY IN MARKET CHANCES OF TRAPPING INCREASES. NOW SEE CAREULLY HOW I TAKE MY DECISIONS WHILE TRADING. IF MARKET GIVE LITTLE ROOM FROM GRREN SUPPORT LINE BY BOUNCING THR PRICE ON OPENING CANDLE IN FIRST 15 MIN THEN I WOULD HAVE TAKEN SHORT WITH SOME RESISTANCE BASE. BNF DID NOT CREATE THIS STRUCTURE SO I WAITED THREE HOURS TO SEE THE PRICE ACTION OF BNF.
4. SEE 4TH CANDLE I TOOK LONG AFTER SUCH WAIT AND COVERED MY POSITION AT THE END OF GREEN LINE . ATER THAT SEE THIS CANDLE CAREULLY IT TRAPPED BEARS AND BULLS BOTH SIDE. THAT WAS SURE MOVE TOWARS LONG WITHOUT RISK. BECAUSE IN LAST TWO HOURS SELLING NEAR BLUE SUPPORT WAS STOPPED AND MY SL WAS VERY NEAR.
5. SECOND POSITION I TOOK AT S6TH CANDLE IN LONG SIDE AFTER WAIT OF 1 HR.BECAUSE 1 TO 5 CANDLES ARE SHOWING BUYING PRESUURE MEANS BUYERS WERE ACTIVE. AND COVERED IN SAME CANDLE AT DOTTED GREEN LINE. SINCE I WORK IN OPTIONS SO I DO NOT WANT THE MOMENTUM SHOULD BE FIZZLED OUT AND I SIT EMPTY HANDS. I ALWAYS SAY INTRADAY GIVES 1 TO 3 CHANCES TO TRADE. HERE I GOT TWO. TODAY MARKET DID NOT RESPOND AS I EXPECTED IN MORNING TRADE TO TIME MY ENTY. BUT AS FAR AS DIRECTION IS CONCERNED REACTED SAME, FIRST SHORT THEN RANGE BOUND THEN UP. THIS TYPE OF MOVE I UPDATED IN MORNING.THOSE WHO FOLLOW WOULD HAVE SEEN IN TIME.
PLAN FOR NEXT DAY TRADING.
1. SEE I MADE ONE GREEN BOX WHERE PRICE SHOULD COME. BUT NOT IN MORNING AT AFTERNOON. WITH RANGE BOUND TRADE.
WHITE UPPER ZONE TO BLUE LOWER ZONE IS THE TRADING RANGE FOR THIS WEEK SHOWN THROUGH RED ARROW.
2. IT WILL BE TRICKY TO TRADE THIS RAMGE AS TRAPPING WILL BE DONE BOTH SIDES. BULLS & BEARS WILL BE TRAPPED BOTH SIDES.
3. MONTHY PREMIUM OF OPTIONS WILL BE EATEN BY OPTION WRITERS. SO TRADE CAREULLY.
4. MANY TRADERS THINK IF THEY HAVE MONTTHLY CONTACT OPTION AND THEY HAVE PLENTY OF TIME TO HOLD THIS. THEN I AM SORRY , THEY ARE MISTAKEN.THE INTERMIDIATE STRUCTURE WILL EAT ALL PREMIUM. SO WHEN THEY GET PR OR AT PAR SHOULD EXIT FROM POSITIONS. I OBSERVED MANY OF THEM HOLDING THEIR POSITIONS IN THIS MISCONCEPTION. OPTION IS GAME OF MOMENTUM NOT OF TIME.
5. ONE MORE THING SOME OF QUERIES I AM GETTING REGARDING TREND WHEN I SAY SELL ON RISE OR BUY ON DIPS THAT IS NOT VALID WHEN STRUCTURE GETS CHANGED. AS TODAY PEOPLE WERE ASKING SHOULD WE SELL ATER PULLBACK. NO THEY CAN NOT BECAUSE THAT PULL BACK IS NOW CONVERTED INTO RANGE BOUND DEEP RETRACEMENTS OR UPSIDE TREND. SO SWITCH YOUR READING AND SENTIMENYS WITH STRUCTURES. REST MARKET WILL DECIDE.
YOGESH VATS
1. FIRST OF ALL THANKS TO ALL MY FOLLOWERS WHO JUST ON ONE CALL SEND MANY LIKES AND COMMENTS TO ALL MY POSTS SHARED YESTERDAY. I AM HIGHLY THANKFUL TO ALL WHO LIKE & COMMENTED . HOPING REST WILL TAKE PART SOON.
2. NOW COME TO YESTERDAY STATEMENTS SEE I PLOTTED TWO STRUCTURES OF MOVEMENT IN BNF. IT FOLLOWED WHITE ONE SAME.
YESTERDAY I SHARED PRICE WILL COME TO GREEN SUPPORT 18650 THEN A SMALL BOUNCE . THAT I WILL USE FOR SHORT. MARKET OPENED JUST ABOVE OF 18650 LEVEL AND SELL ORDERS INTENSTITY DID NOT LET THIS SUPPORT TO ACT AND MOVED TO LAST LEVEL OF ZONE IN BLUE COLOR 18200 CIRCLED IN PINK COLOR.THAT LEVEL WAS ALSO GIVEN LAST WEEK. JUST SEE THE INPORTANCE OF THESE LEVEL THAT BLUE LINE CHANGED DOWNWARDS TREND TO RANGE BOUND AND THEN TO UP SIDE. EVEN THE GREEN LEVEL ALSO WORKED AS CLOSING IS ABOVE THIS LEVEL. THIS MOVE IS CALLED WHIPSHAW. IN ANY OF MY POST YOU CAN SEE THE ZONES,LEVELS WHICH I MARK IN CHARTS , THEY ALL HAVE POTENTIAL TO CHANGE SENTIMENTS OF MOVES. THIS IS CALLED THE DEPTH OF STOCK LANGUAGE. I HAVE SEEN PEOPLE PROVIDE MANY LEVELS ANY OF THEM WILL WORK. I GAVE ALL ZONES JUST ONE WEEK ADVANCE. THAT IS WHY I STRONGLY RECOMMEND TO BOOK PROIT NEAR THESE LEVELS.
3. SEE I DID NOT TRADE FIRST CANDLE THOUGH IT HAD GOOD MOMENTUM. MANY OF YOU WOULD HAVE TRADED THIS. PERHAPS NOT AS SKILLED AS YOU ARE. REASON THIS IS A FALLING KNIFE CANDLE. SPECIALLY IN FIRST HR GREAT VOLATILITY IN MARKET CHANCES OF TRAPPING INCREASES. NOW SEE CAREULLY HOW I TAKE MY DECISIONS WHILE TRADING. IF MARKET GIVE LITTLE ROOM FROM GRREN SUPPORT LINE BY BOUNCING THR PRICE ON OPENING CANDLE IN FIRST 15 MIN THEN I WOULD HAVE TAKEN SHORT WITH SOME RESISTANCE BASE. BNF DID NOT CREATE THIS STRUCTURE SO I WAITED THREE HOURS TO SEE THE PRICE ACTION OF BNF.
4. SEE 4TH CANDLE I TOOK LONG AFTER SUCH WAIT AND COVERED MY POSITION AT THE END OF GREEN LINE . ATER THAT SEE THIS CANDLE CAREULLY IT TRAPPED BEARS AND BULLS BOTH SIDE. THAT WAS SURE MOVE TOWARS LONG WITHOUT RISK. BECAUSE IN LAST TWO HOURS SELLING NEAR BLUE SUPPORT WAS STOPPED AND MY SL WAS VERY NEAR.
5. SECOND POSITION I TOOK AT S6TH CANDLE IN LONG SIDE AFTER WAIT OF 1 HR.BECAUSE 1 TO 5 CANDLES ARE SHOWING BUYING PRESUURE MEANS BUYERS WERE ACTIVE. AND COVERED IN SAME CANDLE AT DOTTED GREEN LINE. SINCE I WORK IN OPTIONS SO I DO NOT WANT THE MOMENTUM SHOULD BE FIZZLED OUT AND I SIT EMPTY HANDS. I ALWAYS SAY INTRADAY GIVES 1 TO 3 CHANCES TO TRADE. HERE I GOT TWO. TODAY MARKET DID NOT RESPOND AS I EXPECTED IN MORNING TRADE TO TIME MY ENTY. BUT AS FAR AS DIRECTION IS CONCERNED REACTED SAME, FIRST SHORT THEN RANGE BOUND THEN UP. THIS TYPE OF MOVE I UPDATED IN MORNING.THOSE WHO FOLLOW WOULD HAVE SEEN IN TIME.
PLAN FOR NEXT DAY TRADING.
1. SEE I MADE ONE GREEN BOX WHERE PRICE SHOULD COME. BUT NOT IN MORNING AT AFTERNOON. WITH RANGE BOUND TRADE.
WHITE UPPER ZONE TO BLUE LOWER ZONE IS THE TRADING RANGE FOR THIS WEEK SHOWN THROUGH RED ARROW.
2. IT WILL BE TRICKY TO TRADE THIS RAMGE AS TRAPPING WILL BE DONE BOTH SIDES. BULLS & BEARS WILL BE TRAPPED BOTH SIDES.
3. MONTHY PREMIUM OF OPTIONS WILL BE EATEN BY OPTION WRITERS. SO TRADE CAREULLY.
4. MANY TRADERS THINK IF THEY HAVE MONTTHLY CONTACT OPTION AND THEY HAVE PLENTY OF TIME TO HOLD THIS. THEN I AM SORRY , THEY ARE MISTAKEN.THE INTERMIDIATE STRUCTURE WILL EAT ALL PREMIUM. SO WHEN THEY GET PR OR AT PAR SHOULD EXIT FROM POSITIONS. I OBSERVED MANY OF THEM HOLDING THEIR POSITIONS IN THIS MISCONCEPTION. OPTION IS GAME OF MOMENTUM NOT OF TIME.
5. ONE MORE THING SOME OF QUERIES I AM GETTING REGARDING TREND WHEN I SAY SELL ON RISE OR BUY ON DIPS THAT IS NOT VALID WHEN STRUCTURE GETS CHANGED. AS TODAY PEOPLE WERE ASKING SHOULD WE SELL ATER PULLBACK. NO THEY CAN NOT BECAUSE THAT PULL BACK IS NOW CONVERTED INTO RANGE BOUND DEEP RETRACEMENTS OR UPSIDE TREND. SO SWITCH YOUR READING AND SENTIMENYS WITH STRUCTURES. REST MARKET WILL DECIDE.
YOGESH VATS
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมที่ ข้อกำหนดการใช้งาน