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T For Trading
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Created: by devdas Attachments:799

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T For Trading

  #1121 (permalink)
 Vendor: www.edevaay.com 
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Today's action makes a cunning structure where bulls may trap if some retrace happens from here towards 7700. Its not surety that we will get a retrace , but only way seems me to get out of this trap is to make new high beyond 7810 from here. Otherwise its repeating some old action that leads this to atleast 50% retrace ( to 7300 levels ) of whole rally..



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  #1122 (permalink)
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Refined divergence rules, but still can't close 15-minute for discretion,


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  #1123 (permalink)
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It got high volatile drama....though 4th trade had 90% similar symptoms as 3rd trade....but but but my discretion called for scratch , it was simply not working.


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  #1124 (permalink)
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Looking at this in hindsight....even more terrible, made me to think who got trapped , bulls or bears ?
Hunter got hunted itself


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  #1125 (permalink)
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Current Daily Status

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  #1126 (permalink)
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Current Status from Ichi chart.

After 1200 point rally from near 6800 level since end Feb, its natural to expect consolidation which it is witnessing currently. It looks like if current week could not throw it above 8000 level then more time consumption with downside drift will come in effect. Which can well take it to 7500-7400 levels.


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  #1127 (permalink)
Trading Apprentice
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ATR


devdas View Post
Just before craziness... expecting anything is futile and still it can do anything...

If i see ATR wise ( though im ADR fan )...then its placed at right low...and ADR might take it high...with some other GSS stat.

Sir ATR means Average True Range? If so what is the relation of ATR and MP profile ?

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  #1128 (permalink)
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"... I have decided to sell some of my stuffs and services.
I have not yet decided the exact way and structure for this but being honest on this step I thought to inform the community...."

Hey devdas , a while back I saw your post which I printed above. I was wondering how you can be reached to discuss your stuff and services?

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  #1129 (permalink)
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Saved and gave breakout. Most obvious support is now 7950-8000.


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  #1130 (permalink)
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Gave a snap back pullback and back to track.


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