TWO DAYS BACK I INFORMED OF TRAPPING BOTH SIDES SAME HAPPENED !
COMPARING MY YESTERDAY STATEMENT WITH REAL MOVE TODAY.
1. In yesterday post point no.2 of trading plan I mentioned is quoting for your consideration " now a green arrow position is shifted to pink dotted line if market have to resume its upside then price should take out pink dotted line condition. Til it do not gets fulfilled bnf will remain down to range bound." You can see market finished today trading at pink dotted line. Every day I put some lines on chart all work so magically that moves react from these. I write this accuracy for new followers old are quite familiar with this. Two days back The title of bnf was "bnf will trap many traders both sides see how?" Can you imagine the move manifested two days back ,you are watching now. In market where direction prediction is tough job you are seeing every manifested move on the rocks! If you see one hour chart starting from down move bears were trapped by bulls and then bulls were trapped by bears and now beers again today trapped by bulls. This is both side trapping shown in two days back title. Even showed you exact points in form of resistance and support where this trapping have been done.Every day I say follow my conditions religiously you will get profit . Today candle from starting to last half an hr were completely range bound so difficult to earn either sides. I watched whole drama sitting Idle. Some days are like this in trading.
Trade plan for next day.
1. See neither the green dotted line condition nor pink dotted line was taken out either sides. So my biased for tend will remain neutral. last half hour buying may be deceptive. So My view will change with conditions with little change in position of both arrows. Red is below pink If price do not break this condition of pink in gap up mode then you can see fall.
2. Now Range between pink line and green line is no direction area for me. Means if price travel in this area then it can resume down trend or can resume up trend. Depending upon the condition satisfying on either sides. I will take my position when I get clarity then that line will become my sl and trade will start.
3. In any case of down trend resumes then my target will be pink red zone. On the other side blue zone will be in upward direction.
4. You can see toady also 27 bar ema worked fantastic by becoming resistance held price almost 6 hrs today. You can use this combination of 27.111 till 1 hr chart and 27/63 in 15 to 5 mins chart. Rest market will decide.
Notes -Trollers I can be wrong any day any time with this statement you can satisfy your ego issues.
cheers ...
YOGESH VATS
1. In yesterday post point no.2 of trading plan I mentioned is quoting for your consideration " now a green arrow position is shifted to pink dotted line if market have to resume its upside then price should take out pink dotted line condition. Til it do not gets fulfilled bnf will remain down to range bound." You can see market finished today trading at pink dotted line. Every day I put some lines on chart all work so magically that moves react from these. I write this accuracy for new followers old are quite familiar with this. Two days back The title of bnf was "bnf will trap many traders both sides see how?" Can you imagine the move manifested two days back ,you are watching now. In market where direction prediction is tough job you are seeing every manifested move on the rocks! If you see one hour chart starting from down move bears were trapped by bulls and then bulls were trapped by bears and now beers again today trapped by bulls. This is both side trapping shown in two days back title. Even showed you exact points in form of resistance and support where this trapping have been done.Every day I say follow my conditions religiously you will get profit . Today candle from starting to last half an hr were completely range bound so difficult to earn either sides. I watched whole drama sitting Idle. Some days are like this in trading.
Trade plan for next day.
1. See neither the green dotted line condition nor pink dotted line was taken out either sides. So my biased for tend will remain neutral. last half hour buying may be deceptive. So My view will change with conditions with little change in position of both arrows. Red is below pink If price do not break this condition of pink in gap up mode then you can see fall.
2. Now Range between pink line and green line is no direction area for me. Means if price travel in this area then it can resume down trend or can resume up trend. Depending upon the condition satisfying on either sides. I will take my position when I get clarity then that line will become my sl and trade will start.
3. In any case of down trend resumes then my target will be pink red zone. On the other side blue zone will be in upward direction.
4. You can see toady also 27 bar ema worked fantastic by becoming resistance held price almost 6 hrs today. You can use this combination of 27.111 till 1 hr chart and 27/63 in 15 to 5 mins chart. Rest market will decide.
Notes -Trollers I can be wrong any day any time with this statement you can satisfy your ego issues.
cheers ...
YOGESH VATS
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