On Full Throttle
This is my trading journal, not a trade recommendation. Idea presented only for educational purposes for me and others who want to benefit from my experience.
Nifty is on full throttle, no reaction legs. May hit the wall before dropping dead. which upper parallel ? time will tell.
To every action there is equal and opposite reaction. May formulate a trade plan downside based on this principle. But till it is long, it is long.
DISCLAIMER:
Trading in the stocks market or futures markets is on e of the riskiest forms of investments available in the financial markets and suitable for sophisticated individuals and institutions. The possibility exists that you could sustain a substantial loss of funds and therefore you should not invest money that you cannot afford to lose. Nothing in this analysis is a recommendation to buy or sell stocks or futures and I shall not be liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from the use of this analysis or reliance on such information. Consult your financial advisor prior to investing is stock market.
This is one person’s experience, your experience may differ. Past performance is not guarantee of future gains.
Nifty is on full throttle, no reaction legs. May hit the wall before dropping dead. which upper parallel ? time will tell.
To every action there is equal and opposite reaction. May formulate a trade plan downside based on this principle. But till it is long, it is long.
DISCLAIMER:
Trading in the stocks market or futures markets is on e of the riskiest forms of investments available in the financial markets and suitable for sophisticated individuals and institutions. The possibility exists that you could sustain a substantial loss of funds and therefore you should not invest money that you cannot afford to lose. Nothing in this analysis is a recommendation to buy or sell stocks or futures and I shall not be liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from the use of this analysis or reliance on such information. Consult your financial advisor prior to investing is stock market.
This is one person’s experience, your experience may differ. Past performance is not guarantee of future gains.
Catatan
first hit to wallCatatan
Catatan
confluenceCatatan
if breaks blue upper parallel, go for magenta lineCatatan
Too many slips between cup and the lipsCatatan
systematic selling startCatatan
slope of pricesCatatan
Any trend that covers a lot of points in very few bars, meaning that there is some combination of large bars and bars that overlap each other only minimally, will eventually have a pullback. These trends have such strong momentum that the odds favor resumption of the trend after the pullback and then a test of the trend’s extreme. Usually the extreme will be exceeded, as long as the pullback does not turn into a new trend in the opposite direction and extend beyond the start of the original trend. In general, the odds that a pullback will get back to the prior trend’s extreme fall substantially if the pullback retraces 75 percent or more.Catatan
Looks like a pullback..!!Catatan
Catatan
Next move till 17200Catatan
Catatan
17900 coming H&SCatatan
Catatan
Catatan
kennedy channel..ABC correction coming...Catatan
Catatan
Price returned without touching median line, any Breakout above hidden parallel is a long till selling zone.Catatan
Catatan
Catatan
Catatan
Catatan
Another treadmillCatatan
Catatan
Looking long from here because action leg is still larger then reaction leg. short only below white lineCatatan
A closer look... Grind is onCatatan
Catatan
Catatan
Breakdown of Hagopian line. May go to test it, long till magenta lineCatatan
Long till Hagopian lineCatatan
double bottom ?
Catatan
IF todays morning move was upthrust and evening converts into spring, may see the market at Hagopian line in next couple of sessions.Catatan
First reaction level taken out, next is target for tomorrowCatatan
The devil is in the detailsTouch of Hagopian line....done
Catatan
Treadmill on monthly scale. Runner is losing steam.Catatan
on weekly it is retest of breakout level.Catatan
On daily, need a confirmation candle inside channel for slope of price in channelCatatan
Looks long in lower time frameCatatan
Going back to old channel, lower lows are losing strength, base are lifted.Catatan
Market is back to green channel.Catatan
Strong Rejection, may go to 16800 levelCatatan
Gone short again in last 75 minutes. stop loss level marked.Catatan
Short below thick blue lineCatatan
No upward inclined support/reaction line below blue thick line, if broken down, may touch 16800 after taking reaction on downward inclined green support/reaction lineCatatan
16800 if red line is broken downCatatan
long till it is in green channel, once broken measured move of flag and pole is in order.Catatan
Flag and pole is out of question. it is new green channel nowCatatan
Just remember upthrusts are brutal, i.e. if this breakout fails, fall will be rapid.Catatan
Catatan
no stoping till17990Catatan
short opportunity at 17740Catatan
Trade closedCatatan
Green or Yellow?Catatan
Yellow=false; initiating long with stop loss below green channelCatatan
Catatan
On daily, up to magenta lineCatatan
Catatan
Measured move up to 18134Catatan
Long above cyan horizontal line; it is going to be new bull run, stop loss below magenta lineCatatan
Long above rust line, future swing movement between magenta and yellowCatatan
on 75 min chartCatatan
bulls loosing steam, use of reverse trend line, market may go sideways or short for some time.Catatan
Target done for reverse trend lineCatatan
short till lower parallel in greenCatatan
Catatan
Catatan
Catatan
Catatan
Catatan
rules are sameCatatan
Catatan
Base has shifted upward; Catatan
It is long from hereCatatan
Catatan
Make or BreakCatatan
Probable pathCatatan
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.