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.
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first hit to wallAnmerkung
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confluenceAnmerkung
if breaks blue upper parallel, go for magenta lineAnmerkung
Too many slips between cup and the lipsAnmerkung
systematic selling startAnmerkung
slope of pricesAnmerkung
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.Anmerkung
Looks like a pullback..!!Anmerkung
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Next move till 17200Anmerkung
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17900 coming H&SAnmerkung
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kennedy channel..ABC correction coming...Anmerkung
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Price returned without touching median line, any Breakout above hidden parallel is a long till selling zone.Anmerkung
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Another treadmillAnmerkung
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Looking long from here because action leg is still larger then reaction leg. short only below white lineAnmerkung
A closer look... Grind is onAnmerkung
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Breakdown of Hagopian line. May go to test it, long till magenta lineAnmerkung
Long till Hagopian lineAnmerkung
double bottom ?
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IF todays morning move was upthrust and evening converts into spring, may see the market at Hagopian line in next couple of sessions.Anmerkung
First reaction level taken out, next is target for tomorrowAnmerkung
The devil is in the detailsTouch of Hagopian line....done
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Treadmill on monthly scale. Runner is losing steam.Anmerkung
on weekly it is retest of breakout level.Anmerkung
On daily, need a confirmation candle inside channel for slope of price in channelAnmerkung
Looks long in lower time frameAnmerkung
Going back to old channel, lower lows are losing strength, base are lifted.Anmerkung
Market is back to green channel.Anmerkung
Strong Rejection, may go to 16800 levelAnmerkung
Gone short again in last 75 minutes. stop loss level marked.Anmerkung
Short below thick blue lineAnmerkung
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 lineAnmerkung
16800 if red line is broken downAnmerkung
long till it is in green channel, once broken measured move of flag and pole is in order.Anmerkung
Flag and pole is out of question. it is new green channel nowAnmerkung
Just remember upthrusts are brutal, i.e. if this breakout fails, fall will be rapid.Anmerkung
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no stoping till17990Anmerkung
short opportunity at 17740Anmerkung
Trade closedAnmerkung
Green or Yellow?Anmerkung
Yellow=false; initiating long with stop loss below green channelAnmerkung
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On daily, up to magenta lineAnmerkung
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Measured move up to 18134Anmerkung
Long above cyan horizontal line; it is going to be new bull run, stop loss below magenta lineAnmerkung
Long above rust line, future swing movement between magenta and yellowAnmerkung
on 75 min chartAnmerkung
bulls loosing steam, use of reverse trend line, market may go sideways or short for some time.Anmerkung
Target done for reverse trend lineAnmerkung
short till lower parallel in greenAnmerkung
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rules are sameAnmerkung
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Base has shifted upward; Anmerkung
It is long from hereAnmerkung
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Make or BreakAnmerkung
Probable pathAnmerkung
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Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.