Tuesday, February 28, 2017

Best Trading Entry Comes When People Get Trapped


 

The Traders to whom I consider as my Mentor, My Guru he always try to find where people get trapped for entries.

Today’s Nifty Future Price Action was nice Example of how people get Trapped and that gives one of the Best Entries with lowest risk and on EDGE.

Lets go directly to the Chart.

Best_Trade_Setup_Trapped_Entry

  • Nifty 8900 was Previous Swing low which was the ARZ level we  identified and posted before markets in Our Telgram Channel.
Nifty_institutional_level

  • We also Put 8946 as ARZ and most of those levels we have marked in charts Posted Earlier.
  • We also had the referance level of 8894 which we posted in our Channel which was the Correction Minimum Cap as per our article Posted Yesterday.
  • Now we see what happened in below chart how FIIs/SMART Money/BIG Players/Institutions trap people on opposite side.

FII_Trapped_Retail_Trade

Now see above Nifty Future Chart which is itself very clear …

  • Nifty Future Came Below that swing level of 8901 which they held till 1 PM . Now we look at the Price Action happened there.

  • They took Prices So sharply down below that swing low that it made two possible things. (1) Breakout Souls (these guys are always bread and butter for People Like Me) enter shorts there as they think looking at the sharp falling Price Action that now its going to tank the Nifty Future. So they fresh shorted there. (2) Here those guys who were holding intra longs from morning would most have SL’s below that Juicy level of 8900 and of course Big Boys know that, and those SLs got hit there.

  • So both things (1) Fresh Shorts and (2) SLs hitting made it big volume there which we can see on Chart Clearly at No2 point which was whooping 3Lakh Plus on one minute. (So huge na?) , here people got Trapped

  • Now what next for those who Bought these big Quantity? Who are they? Of course they are nothing but what we call SMART MONEY/FIIs/Institutions. They bought from those Trapped People and you can see what happened next.

Thats all….. I feel this will help you guys.

Of course for finding such entries one doesnt need any High Paid/Fancy Softwares. One can see such things on Simple Price Action Charts.

Just Follow Price Action Trading, its simple and easy to understand.

If you have any view can comment below, Do share/Retweet/Like this Post

Chart Updates on Telegram Channel :-

Nifty And Banknifty Turning Points (ARZ)

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Till then Happy Trading……..

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Sunday, February 26, 2017

Nifty and Banknifty Clues of Repetition and Further Direction


 

Hallo Friends ,

I am writing after a long time here on Blog due to some other priorities. Now will probably writing frequently. Hope you all doing well.

Nifty Future Corrections and its Repetitions :-

Nifty_Correction_Technical_Analysis

  • 1st Correction from 8329 to 8241=88 points

  • 2nd Correction 8468 to 8433= 135 points

  • 3rd Correction 8698 to 8555= 143 Points

  • 4th Correction 8846 to 8727 = 119 points

 

So Nifty Future Corrections are between 90 to 140 points approx. in this strong upmove. And after Corrections it is continuously making upmove.

Now what we can understand or take from this?

1. 1st scenario of continuation of upmove—here we have to see if Nifty future makes any correction of around 90 to 140 points there we can watch out for price action for possible continuation of Upmove.

2. 2nd scenario of reversal or  bigger correction – here if Nifty future continues to correct more than 140 points we can have a cautious approach for long side and can look for possible reversal or bigger retracement.

 

Banknifty Future Corrections and its Repetitions:-

Banknifty_Technical_analysis_Corrections

 

Like we discussed in Nifty Future same scenario here.

  • 1st correction of 18280 to 17855 = 425 Points

  • 2nd Correction of  19297 to 18742 = 555 points

  • 3rd Correction of 19874 to 19492 = 382 Points

  • 4th Correction of  20504 to 20055 = 449 Points

One more correction on a Gap Up day of break of Consolidation is of 20874 to 20420 =454 Points (this I havent marked on Charts)

So broadly Banknifty Future Corrections are between 380 Points to 550 Points approx.

Same thught process here as above in Nifty Future. we can watch for the correction if Coming can range between 380 to 550 Points  and if goes more we have possible scenario of Retracements or may be reversal.

Keep Counting Numbers…

Till then Happy trading…

If you have any view can comment below.

Chart Updates on Telegram Channel :-

Nifty And Banknifty Turning Points (ARZ)

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Wednesday, May 25, 2016

How to Figure Out Range Bound Markets Before it Happens


 

Larning

It is always difficult for a Trader  rather important and useful for any Trader to Know about Probable RangeBound Market Comes. Twitter is always a learning source for me and many others who use it that way.

Recently in a series of Tweets by @KickAssTrader (popularly known for his MP , VSA and OF charts ) shared how to figure out RangeBound Market Before it happens. I thought this Infomation will go in a flow so wanted to preserve it for my use and also for public interest Posting it here. All Credit to @KickAssTrader for sharing this information with us.

How to Figure Out Range Bound Markets Before it Happens

  • Rangebound is basically assumed as a day where we can trade with a +ve expectancy against the ongoing trend.

  • To have a opposing force strong enuf to do that wud imply you can only assume such a period will come into existence when u hit an area on a higher TF that can provide a counter force.

  • Also when a move is into exhaustion the range extensions get smaller each time and each counter move pushes further back into the old balance.

  • E.g 4/28-5/3 (2016) smaller range extensions lead to bigger pushes into old balance.

  • Smaller range extension result from higher TF support underneath ,Same for 5/4-5/9 & today (17thMay)!

  • Minus any opposing force tht can push hard mean reversion is a recipe for disaster.

  • The trend continues to push down while the opposing force is decent enuf to cutoff momentum to provide a move till atleast 50-80% of range

  • Same can be accomplished with delta as poitned out by @zzzune  imbalance can only go so far until it snaps or reaches escape velocity(trend)

  • You shud be able to figure out a range beofrehand from where demand /supply would be cutoff n change frm holding to flipping.

 

  • Below Chart Shows How Range Extension –Reduction – lead to Mean Reversion. (Chart is By @KickAssTrader)

 

Range Extens

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Wednesday, April 6, 2016

Starting a ChartsLibrary For Our TRiDeas Workshop Members



ChartsLirbrary

What is ChartsLibrary?

  • Charts Library is Contains Charts with Setups we talk in Our TRiDeas Online Workshops

  • These Charts will be arranged with the Categories like BO, BOF, Demand Setup and so many other etc so with this we are able to see and learn different  days charts with SAME SETUP in different SITUATIONS. Which will help one learning and understanding the setups at a glance.

  • So whenever any such situations we want to learn we will have many no. of charts with SAME SETUP handy for US to analyze what happened at that time and how Price Behaved on that day.

  • So we can CHECK what HAPPENED on RBI POLICY days Previously how price BEHAVED like that we will try to keep record of the EVENTS also.

  • This is a UNIQUE CONCEPT we are COMING with and that Library We will be Giving access to Our Members. Every TRiDeas Workshop Member will get access to ChartsLibrary for specified Period

Join TRiDeas Online Workshop to Get Access to ChartsLibrary

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Friday, April 1, 2016

Webinar 4–Demand, Supply , Break Failure ,Breakout and Using UT and ST


 

TRiDeas_thumb1_thumb

 

Price Action Trading Series Webinar (4)

As we have announced that we will be Conducting the Weekly Webinar for our Trading Room Members as a Learning about Setups and what is the Thought Process Behind the Price Action Trade Setups.

So Saturday will be 4rd Webinar of Price Action Trading Series.

Webinar Details:-

  • Indepth detail learning About DEMAND and SUPPLY in DETAIL
  • Demand, Supply , Breakout and Breakout Failure Revised
  • Demand ,Supply, and UT , ST
  • How to use UT and ST in Trading
  • Some great Setups which we missed in this Week How were the Entries and Setups.

 

Time:- 9 AM SUNDAY , 3rd APRIL

 

Invitation will be sent by 9 PM  to all Trading Room Webinar Members.

Plz check and if not got Contact me through Mail.

Join Trading Room

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Friday, March 18, 2016

Webinar 3–Demand Supply and quality of Demand Supply in depth


 

TRiDeas_thumb1

 

Price Action Trading Series Webinar (3)

As we have announced that we will be Conducting the Weekly Webinar for our Trading Room Members as a Learning about Setups and what is the Thought Process Behind the Price Action Trade Setups.

So Saturday will be 3rd Webinar of Price Action Trading Series.

Webinar Details:-

  • Indepth detail learning About DEMAND and SUPPLY in DETAIL
  • Quality of Demand Supply
  • What things to see WRT Demand Supply?
  • How to Plot Demand and Supply area?
  • The thought Process of the  Behind the Trades  Logic of Entry? Was Exit Was right or not?
  • Some great Setups which we missed in this Week How were the Entries and Setups.

 

Time:- 9 AM Saturday, 19th March

 

Invitation will be sent by 9 PM  to all Trading Room Webinar Members.

Plz check and if not got Contact me through Mail.

Join Trading Room

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Sunday, March 13, 2016

Price Action FrameWork, Demand, Supply, BO, BOF Explained ---Webinar


TRiDeas_thumb1

 

Price Action Trading Series Webinar (2):-

 

We Discussed Following Points in this Webinar with the Explaination of Current Charts:-

  • We Discussed How Trade in BNF generated for 300 Points.
  • Price Action Priniciples of Future Trend Detection, Complete Price Action Framework.
  • How to Find and Trade Demand and Supply area and Trade at the Egdes Based on that … in detail discussed
  • We talked about our Failed (SL hit Trades) also Missed trades.
  • Explianed what Breakout and BOF (Breakout Failure) is and how to trade Breakouts and BOFs in right way.
  • How to use Breakout Pullback.
  • How to use TEST setups.

Webinar is Available for Trading Room Members Only.

We Only Teach What we Traded

and What is the LOGIC BEHIND IT.

 

PAT-Webinar5

 

Those who Want to Learn With Such Weekly Webinars About Trades

Can Join Our Trading Room

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, a Graduate in Science is a part time blogger and Full Time Professional Trader from India.

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