STEP 3 :- PROJECTION & DEPTH ANALYSIS

I am learning discretionary trading , and start  step by step .
Now step 3 :- Projection and Depth analysis.



NIFTY 3 MIN. CHART

BANKNIFTY 3 MIN CHART

TCS 3 MIN CHART

Thanks for visiting , If anything wrong please mention on comment please

thanks

STEP 3 :-Momentum Analysis

Hello ,
 i am practicing discretionary method of http://www.discretionary-trading.com
i am follow this blog and study it step by step . i am requesting all the follower of discretionary method trading , please come here and please check my practice ..
Please check previous latest post also in this blog. which is below of this post .
Is my practice on right way?
i  am doing things correctly ?
my humble request to all please check and correct me , where i am wrong

Below chart is Step 3 :- Momentum analysis

NIFTY 3 MIN. CHART

BANKNIFTY 3 MIN CHART

TCS 3 MIN CHART

Thank you

STEP 2 :- Example of sideways market

Please check below  chart is example of sideways markets

1) CRUDE OIL 3 MIN. CHART :- Sideways Market

I have two question in my mind
Q 1) where i plot major pivot 4 ? 
( confuse about plot ? .....at minor pivot high c ..OR minor pivot high e ......OR minor pivot high i......where??......which is right place to plot ?? )
Q 2) Can i draw resistance zone immediate above minor pivot high (i.e. c,e,g,i) OR as per theory pivot high 2 as usual
  

2) TATA STEEL 3 MIN. CHART

Q:- Where i plot PIVOT LOW 6??
     ( at minor pivot low a....OR .....at minor pivot low c.......OR at minor piovt low e....)
if i plot major pivot low in one of above three minor pivot low then how i define sideways market. ???

3)RELIANCE 3MIN CHART

Same question in my mind about reliance also .


I request to all senior , please check above chart and guide me about my mistakes and please clear my questions.

Thanks

STEP 2 :-

       second step of your analysis.

1. Identify the trend in the trading timeframe, ie. Up/Down/Sideways.
2. If the trend is Up/ Down, mark the trend violation pivot.
3. If the trend is sideways, draw range support and range resistace                                                                                                                                                                                                                   As per second step  i try to  find trend in Trading time frame (3 min.chart) . i try to find there pivots and tvp and try to numbering them , please check it its right or wrong , if anything want to change please correct it .   
   NIFTY 3 MIN. CHART
   
    BANKNIFTY 3 MIN. CHART
   
   
   CRUDE OIL 3 MIN. CHART
   
                                                                              In above crude oil chart Sideways movement in square is correct ? , i am not confident about it .                                                                   If it correct then where to draw S/R zone ? ...i will draw support zone @ pivot 7 but what about resistance zone ?? .can its valid @ pivot 8                                                                         OR at pivot6.                                                                                                                                    i am not confident what i draw on above chart , i think anyone inspection it , and tell me its right or wrong ...OR show my mistakes . thank you                                                                                                                                                                       In above three chart i am consufe about where i mark sidewayvs market. ..is any chance in above three chart of sideways market . ?? please senior tell me 

Practice :- Structural Boundaries

Below chart is start practice of structural boundaries .

1) BANKNIFTY HOURLY CHART

 2) NIFTY HOURLY CHART

3) TCS HOURLY CHART 

04 May 2015

04-MAY 2015

Missed the intial downmove and scared to enter mid trend. enter at PDC.

Trade :- BPB OF PDC
short 3751 wITH SL 3763 Scratch @ PDL 3640
net=11 Point

Trade :- 2
BPB OF PDC
Buy 3756 with SL 3750
scratch it 3759

Total=13 Point 

01 May 2015 ,Maharashtra Day

Maharashtra Day / Labour Day

01-MAY 2015

Crude oil open near PDC/ PDH & BRN.

Trade :1
BPB Of BRN ( Below that PDH/PDC)
BUY 3804 With SL 3795
SL HIT
NET=-9 Point Loss

Trade:- 2
BOF BRN /PDC/PDH
Short 3790 wITH SL 3795
Add 3784
scratch @ 3781
total =9 pOINT

Trade 3:- BO from Range Low
Short 3759 with SL 3769
SL hit 3769
NET= -10 Point Loss

Mistake :- Give more room for trade in crude, there is spike of 7-15 points . we want more room to price  for move . If i do that today then get 50 + point in my second trade .