Tuesday, August 11, 2015

11082015

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
at

17 comments:

  1. UnknownAugust 11, 2015 at 7:13 PM

    BOF short below 8500 @ 1227 as it failed above last swing high, wasnt this a good setup ?

    ReplyDelete
    Replies
    1. SMART TraderAugust 11, 2015 at 8:19 PM

      No It is a Barbed Wire in the making. Price likely to reverse at range low.
      It did like that

      ST

      Delete
    2. xrtrader1August 11, 2015 at 8:32 PM

      Hi ST why it is Bw in making?

      Delete
    3. UnknownAugust 11, 2015 at 11:18 PM

      xrtrader ..u r not updating ur blog these days ??

      Delete
    4. xrtrader1August 13, 2015 at 7:10 AM

      hi naveen, will be back soon.

      Delete
  2. TrekkieAugust 11, 2015 at 9:28 PM

    THanks a lot ST

    ReplyDelete
  3. UnknownAugust 11, 2015 at 9:44 PM

    Okay, through following we can be aware of Barbed wire in making ?
    1. Morning session intraday was sideways.
    2. Quick reversal from 8485 above 8500 then 8500 holding.

    ReplyDelete
  4. UnknownAugust 12, 2015 at 1:47 PM

    RN, BRN seems to more reliable on gap days and news day .. whats your opinion ?

    ReplyDelete
    Replies
    1. SMART TraderAugust 12, 2015 at 7:48 PM

      BRN and RN are very prominent when Higher time frame traders and investors are in control
      Big players defend option strikes and many funds act on index levels. like buy at 8300 sell at 8600 etc

      ST

      Delete
  5. TrekkieAugust 12, 2015 at 6:21 PM

    Hi ST, please post todays chart. Thanks.

    ReplyDelete

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