Crude Oil 04-01-2019

Took trade out of barbed wire , with SL is high of breakdown candle with first trouble are is next msp is around 20 point from entry , but i hope to crack this trouble area but not and scratch trade 10 point profit only

Fail to recognize FTA is good flip point to enter new trade and miss this opportunity.:(  

Crude Oil 03-01-2019

I am not update blog last 1 year , now again start to update with lots of improvement .
New year resolution to less scalping and only focus on price action and trading with pure chart base.
lets see

 Today traded crude oil

Price approach MSP and above it PDH there is double layer there .Price halt ample time there made BT and reverse . Range break and gave nice PB . I short there.

Review of My Trades / articles

Hello Friends , I am just record my Trades & Strategy here.
Whatever the out come i will post time to time here , I am try to explain Strategy logic behind the trades.
Just simple ask questions our self before put our hard earn money in  stock market.

 1) Why I put my hard earn money on this stock ?
 2) Is this stock good for trading/Investment purpose ?
 3) What is the Strategy behind buy/sell /short sell of this stock ?
 4) What is Strategy ? Is this Strategy  suit me  ? Is it back tested ?
     How much success ratio of this strategy ?
     This strategy have positive expectancy ?
 5)What is  Time frame for my Investment /Trading ?
 6)How much  RISK  involved in this trade? How much Loss I bare if my stop-loss hit ?
       ( Trade without Stop-loss is suicide in stock market, Its my personal opinion )
 7) What is Money management ? How much capital  allocation per trade ?
     and after all
 8) How much Return i expect from this trade/ Investment?
 9) What is my exit Plan? Partial exit from my position , full exit, wait for target hit ,
        wait for stop-loss hit ,trailing stop-loss,exit around cost-to cost etc

Above all points Ask yourself Before taking trade
Rest all  things  depends on Market .Market is supreme ,just follow it.

1) TATA ELXSI
 http://chartindia.blogspot.in/2017/09/welcome-friends-almost-2-yr-back-i-stop.html

This stock give me more than 200 % return in call option.

2) UPL
http://chartindia.blogspot.in/2017/09/upl-do-or-die.html

This stock not perform as per my expectation , I exit my 2 lots of  840 CE option around 40 % profit and rest cost-to-cost.

3) RAYMOND
http://chartindia.blogspot.in/2017/09/pin-bar-low-risk-high-reward.html

I simply mention on this article ,Low risk -High reward ,Rest is history. Nobody dare to short on RAYMOND ,cause this stock traded on 52 week high, but I faith on my studies ,rest things market show us.
 Mostly I take position in OPTIONS these days , but  Raymond options are not liquid , then I take  only 2 lot buy of 880 Put option around 22-25 rs  & exit 34 & 46 respectively making almost 100 % return.
Short sell 3 lot of RAYMOND Future around 882 with  Stop-loss 908
     Covered 1 lot @ 834 ,another 821 & rest one lot hold

PIN BAR - Low risk High reward

 Candlestick chart have many patterns.So today we will learn about Pin bar .(see below image)

If you See above image , you will get the idea why we call this shape/pattern Pin bar , because of  long tail & short head.

Pin bar have two types Bullish and Bearish.

1. Bullish :- Long tail of bar at lower side & head on upper side.

2. Bearish :- Long tail of bar on upper side & head on lower side



This bar have higher possibility of success and also cover the high risk reward.


Look at below charts,

• Bullish Pin Bar Chart

• Bearish Pin Bar Charts

chart 1

Chart 2

 We can use both the patterns in trade / investment successfully.

Live example of  Pin Bar  posted below . You can also track  live

Weekly Chart of  RAYMOND . 

Bearish Pin Bar

Benefit of Pin Bar :

•  It is very simple to understand.
•  No complicated indicators.
• Easy to recognize structure. 

This is not only for example, I am also using this pattern for my trade .

Regards

UPL - Do OR Die

Now a days, I am  focusing on option trading .Before enter  in to trade, In option you must have knowledge of time value,because time value help you to do a right trading .

As you aware option trading is very risky but if you work smartly nothing is hard.
Without risk there is no reward in stock market.

UPL Daily chart 

  See the above chart if you observe it is self explanatory. Long term trend-line support and triangle formation .  We can  expect movement at any side ,you must follow the  price action .

SYNDICATE BANK

Long term investment bet.Support around 50-60 rs accumulate in between them with double in two years. Chart is self explanatory.

TATA ELXSI

Welcome friends , almost 2 yr back i stop to post chart .
Now i am more focus to trade in options .

Following chart of TATAELXSI.
Half hourly charts i post below. Making triangle looks picture are crystal clear.

Trading idea :- Buy TATAELXSI above 1660 with SL-1640 Tgt- OPEN
Option :- BUY TATAELXSI 1700 CE

0.8.09.2015 Banknifty

Banknifty

My main focus to reduce no. of trades per day .

today is too more trade . its bad for me .


total no. trades :-10
No. of win trades -5
No . of lose trade -4
No. of  scratch trades -1


thank you

04-09-2015 Crude OIL

Hello ,

Today is frist day of journal after discuss with jagdeeshji .

Today take two trades , One with Target and one with SL .


Higher Time Frame Chart

Trading Time Frame Chart

Lower Time Frame Chart

Trade Explanation :-  First Trade BOF of previous Move with PB entry . Nice timing of trade and exit also .

 Second trade :- FTC of Previous swing Entry was too early and actual focus on LTF and thats mistake . and Hit SL .

Thank you
                                    

04-09-2015

Banknifty

I am trading Banknifty future . My HTF is 30 min. ,TTF is 3 min. and LTF is 1 min.
This method is completely jagdeeshji method , i am just follower of it .


Today take three trades . all trades take in early morning . rest of the day only sit front of screen .


Higher Time Frame Chart

 Trading Time Frame Chart

Lower Time Frame Chart

Trade Explanation

1 ) PULLBACK trade :- Market open and drag down very fast , i am looking for short entry and it gave me nice set up .
my exit is very early and whole day i regreat for it .

2) PB :- trend down and market halt some time here ,when second time push fail , i will enter in it.

3) Conter trend :- PB :- market is not intrested to go down , i will look for CT trade , i enter but only few bucks SL. mkt hit my stop and move toword my bias , its bad luck .

After that , one BOF trade seen but i was not react timely on it and miss that trade .

Thank you .

28-07-2015 Banknifty

Today is very nice movement

Trading Time Frame Chart

Lower Time Frame Chart

Thank you

27-07-2015 Banknifty

Today is TYPE 1 day. Trend day , whole day price not give any chance for bull,bear are strong .

One side down movement .price not give any strong pullback .

Trading Time Frame Chart

Lower Time Frame Chart

Thank you 

24.07.2015 Banknifty

Banknifty open around previous days range,and it move around first 2.5 hour in that range .
price moved around down range and end there.


Trading Time Frame Chart

Lower Time Frame Chart

Thank you 

23.07.2015 Banknifty

Today banknifty open near previous day close . Gave BOF of PPDH /PPDC.
price approches very nicely , only we want to follow his signals.
Price give nice pullback entry at second session.

Trading Time frame chart

Lower Time Frame Chart

Thank you 

22-07-2015

Crude oil
Inventory data :- inventory data almost decide next move of crude every Wednesday.
today price gave nice     BOF of days high and days low also.


Trading Time Frame Chart

Lower Time Frame Chart

Thank you 

22.07.2015 Banknifty

Today is TYPE 1 Day . Bull are strong and not give any single  chance to bear.
Dont dought on trend Whenever price have strength Or no weakness on opposite side, just  follow it .
Price approaches to structural boundary with overlaping candles. they break it and gave Pullback twice (   i confuse at second pullback to think about trend change ).
after break of structural boundary price has no decide where to go almost 2 hours.
(have lot of Patience , to wait for opportunity    OR right time to enter) 

Trading Time Frame Chart

Lower Time Frame Chart

Thank you

21.07.2015 Crude oil

Price approaching to structural boundary have no strength , but bear have also no strength , price break boundary successfully , but on Pullback there is confusion to bias either BOF or BPB, finally price gave nice move on BPB.
 Another one Pullback entry on price reverse on downside .

Lession :- dont hurry to  trade ,keeep in mind .Missed money is always better than lost money.


Trading Time Frame Chart

Lower Trading Time Frame

Thanks

BANKNIFTY 21.07.2015

Banknifty open around PDC . give nice BOF of PDH.
Today is TREND 1 type day .
All day down trend continue and price make lower low up to end of the day.
Price gave nice PULLBACK set up ,we want only wait for set up and take trade on it .


Trading Time Frame Chart

Lower Time Frame Chart

Thank you 

20.07.2015 Crude Oil

Keep eye on structural boundary . focus on Strenght and weakness of price . when price approch to SB.

Keep eye on also PDH,PDL,PDC and MSP also .there is always moment come.

Today in morning session on banknifty and evening session of crude oil gave nice Pullback entry . 

we just stay calm and feel the price action song we will get nice rhythm of it . i really happy today ,i recognize that price in advance . 

Trading Time Frame Chart 

Lower Time Frame Chart 

Thank you

20.07.2015 Banknifty

Hello ,

Banknifty open to Previous day close and slide to down side .
Give nice PullBack entry twice on TTF and LTF also .
just feel the Price action flow and sing it ,

Trading Time frame

Lower Time Frame

Price move both side and give both side entry at right place  .
i remind my previous lession , dont think to opposite side of trend , just follow it


Thank you