Dear Traders, TODAYS GAP DOWN OPENING WITH NO RECOVERY IN ONE HR MADE ME CLEAR THAT THE LONG MOVE WHICH I EXPECTED TODAY WILL NOT ACHIEVE IN THIS TRADING SESSION. SO I KNEW WHEN TO CHANGE MY PSYCHOLOGY . IN FIRST HR CHANNEL I SHOWED YOU IN PINK COLOUR WAS BREACHED GAVE ME CLEAR SIGNAL OF RANGE BOUND LOCAL ACCUMULATION DAY. SO I STARTED TO WATCH AT WHAT LEVEL BNF MAKE UPPER AND LOWER RANGE. THEN I TOOK POSITIONS IN BOTH DIRECTION KEEPING THE TARGET OF BOTH SIDE LIMITS. FROM NOW ONWARDS, I WILL SHARE MY SWITCHING OF SENTIMENTS WITH TRADE AND NEXT DAY PLAN . SO THAT YOU ALL CAN LEARN AND BE COMFORTABLE IN SWITCHING YOUR SENTIMENTS WITH LINE OF MARKET . ON WEDNESDAY IF MARKET OPEN GAP UP OR FLAT AND SUSTAIN FOR 30 MIN ABOVE PREVIOUS DAY CLOSE THEN I WILL TIME MY TRADE IN LONG SIDE. ON THE CONTRARY IF MARKET OPENS GAP DOWN AND DO NOT RECOVER IN 15 MIN THEN I WILL WAIT FOR PRICE TO COME IN MY WHITE ZONE .THEN WILL TIME MY TRADE IN LONG. IF THIS ZONE WILL BREACH THEN MY SENTIMENTS WILL CHANGE TO SHORTS. I EXPECT TWO MOVES ONE IN WHITE SOLID ARROW & SECOND IN DOTTED ARROW. HOPE YOU WOULD BE ABLE TO UNDERSTAND IT CLEARLY. YOGESH VATS
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