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.
Nota
first hit to wallNota
Nota
confluenceNota
if breaks blue upper parallel, go for magenta lineNota
Too many slips between cup and the lipsNota
systematic selling startNota
slope of pricesNota
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.Nota
Looks like a pullback..!!Nota
Nota
Next move till 17200Nota
Nota
17900 coming H&SNota
Nota
Nota
kennedy channel..ABC correction coming...Nota
Nota
Price returned without touching median line, any Breakout above hidden parallel is a long till selling zone.Nota
Nota
Nota
Nota
Nota
Another treadmillNota
Nota
Looking long from here because action leg is still larger then reaction leg. short only below white lineNota
A closer look... Grind is onNota
Nota
Nota
Breakdown of Hagopian line. May go to test it, long till magenta lineNota
Long till Hagopian lineNota
double bottom ?
Nota
IF todays morning move was upthrust and evening converts into spring, may see the market at Hagopian line in next couple of sessions.Nota
First reaction level taken out, next is target for tomorrowNota
The devil is in the detailsTouch of Hagopian line....done
Nota
Treadmill on monthly scale. Runner is losing steam.Nota
on weekly it is retest of breakout level.Nota
On daily, need a confirmation candle inside channel for slope of price in channelNota
Looks long in lower time frameNota
Going back to old channel, lower lows are losing strength, base are lifted.Nota
Market is back to green channel.Nota
Strong Rejection, may go to 16800 levelNota
Gone short again in last 75 minutes. stop loss level marked.Nota
Short below thick blue lineNota
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 lineNota
16800 if red line is broken downNota
long till it is in green channel, once broken measured move of flag and pole is in order.Nota
Flag and pole is out of question. it is new green channel nowNota
Just remember upthrusts are brutal, i.e. if this breakout fails, fall will be rapid.Nota
Nota
no stoping till17990Nota
short opportunity at 17740Nota
Trade closedNota
Green or Yellow?Nota
Yellow=false; initiating long with stop loss below green channelNota
Nota
On daily, up to magenta lineNota
Nota
Measured move up to 18134Nota
Long above cyan horizontal line; it is going to be new bull run, stop loss below magenta lineNota
Long above rust line, future swing movement between magenta and yellowNota
on 75 min chartNota
bulls loosing steam, use of reverse trend line, market may go sideways or short for some time.Nota
Target done for reverse trend lineNota
short till lower parallel in greenNota
Nota
Nota
Nota
Nota
Nota
rules are sameNota
Nota
Base has shifted upward; Nota
It is long from hereNota
Nota
Make or BreakNota
Probable pathNota
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.