This is an illustrative example of the
concepts being discussed.Markings are just visualizations on historical
data in hindsight analysis
I am busy with some other work and will not be trading for few days. I will try to post charts with hindsight analysis if I get time in the evening. Today I could see only two opportunities. A TST short at range high. I may not short BPB due to NS RN. I would have taken the last long. It did not move well
I am busy with some other work and will not be trading for few days. I will try to post charts with hindsight analysis if I get time in the evening. Today I could see only two opportunities. A TST short at range high. I may not short BPB due to NS RN. I would have taken the last long. It did not move well
BOF short below 8500 @ 1227 as it failed above last swing high, wasnt this a good setup ?
ReplyDeleteNo It is a Barbed Wire in the making. Price likely to reverse at range low.
DeleteIt did like that
ST
Hi ST why it is Bw in making?
Deletexrtrader ..u r not updating ur blog these days ??
Deletehi naveen, will be back soon.
DeleteTHanks a lot ST
ReplyDeleteOkay, through following we can be aware of Barbed wire in making ?
ReplyDelete1. Morning session intraday was sideways.
2. Quick reversal from 8485 above 8500 then 8500 holding.
My reasons for BW:
Deletehttp://i.imgur.com/mSs1zH6.png
http://screencast.com/t/WnO8FNzlGWMx
DeleteST
Amazing thanks..
Deletehttp://i.imgur.com/VMujtIX.png
DeleteThanks a lot ST.
DeleteRN, BRN seems to more reliable on gap days and news day .. whats your opinion ?
ReplyDeleteBRN and RN are very prominent when Higher time frame traders and investors are in control
DeleteBig players defend option strikes and many funds act on index levels. like buy at 8300 sell at 8600 etc
ST
Hi ST, please post todays chart. Thanks.
ReplyDeleteDone
DeleteST
Thanks a lot ST.
Delete