COMPARING MY STATEMENTS GIVEN ON FRIDAY WITH REAL MOVE TODAY IN BNF. 1. In trading plan column point no.3 is quoting for your consideration" if any case price takes out green zone on lower time frame then blue zone lower end will be my target." You can see price opened exactly on lower band of green zone and took support and taken out condition was fulfilled in first 15 min time frame and later on 1 hr time frame. Those who joined new , They do not understand taken out and breach conditions ,they have to be an expert in understanding both . Only then can be able to understand my charts. For them attaching a detail explanation of my 14th may post. Can you all see not even a single day since I started posted my blogs I missed my target and all support , resistance and zones behave fantastically . All structures are changed from my levels. See green zone acted beautifully providing support and blue zone acted as resistance circled in white , there after see fall big bearish candle. The statement of previous post which I highlighted , you can see I used word lower end of blue zone , see price achieved it and switch its sentiments from that point only. Today I asked one questions from all of you why price choose my level for reaction . when open choose my levels when close chose same. You all ask many questions from me and I have been giving all replies to all of them. This is my first question. Please answer in comment box. 2. Now come to one follower trade he mentioned his bad trade in morning hitting sl. Let us discuss this not only he but you all will be beneficial. See my dear follower your entry is not based upon buying set up which you should have found in 5 min chart you saw only in 15 min. Second Since I have been trading in bnf from very long time . My experience say 50 points of sl is not appropriate at least 100 to 125 is good with risk to reward 1:2 or in some cases 1:1 . Your sl is activated just in blink of an eye. Another trader who is also new like you traded following same condition , he wrote earned 170 pts. 1:1 . Now can you see your fault. Check in comment box where he put sl. You wrote in comment box is quoting for all "sir, I have noticed one thing if your conditions are met, then no one can stop your target." . All new followers These are the wording of one who is trying hard to learn this skill of making money. Same you will feel in coming days. Always Remember my conditions are very important in my style of trading. One more follower quote wonderful words . " How precisely the wisdom has been handed to followers, what else you can want. Every single word is like mantra, do not just read but meditate over it., practice it." See how crystal clear he wrote for all of you which He is feeling. Because He seems to be genuine learner of this art who not only think for himself but for others also. Where can you get this sort of community. I have seen many blogs where traders write shit. But by Grace of MAA SARASWATI & LAXMI my comment box is full of these level of wording. They not only make money but want others also can make. I am really blessed I have such deep thinkers in this community. There are many but due to length of blog can not quote you can see every quote in Fridays post on bnf. Trade plan for next day, 1. Pl see the upper blue zone where I wrote expected final target of this up move. That I gave you at 7 to 8 days back, which I visualized almost one week back, you are now seeing it manifested . That is power of this unique language. Not 50% strike rate almost 99% have been proving daily in indexes or in stocks too. Now the structure of move is not ready to go up right now into extension , I expect an correction of this impulse first then can go into extension. It does not mean that tomorrow it can not open up or while trading can go to upper band of blue zone. But soon you will see correction. 2. Correction does not mean you start taking blindly shorts . There are some conditions which price has to follow before giving you sell or buy signal. If price take support in pink and green zone down side then by finding buy set up in lower time frame You can take long if risk reward permits you. That I discussed above with trailing sl because structure can change from lower end of blue zone. In any case on 15 min time frame lower band is taken out then trail to upper band. I showed two green arrows today that gives you imformation if lower green gets buying setup then go long. The upper one will be activated when price takes out in 1hr time frame not 15 min. 3. On the contrary If price takes out lower pink and green zone in 5 min time frame then This structure will be range bound you will see trades on both sides. I will not try to even see in no direction zone for any setup. 4. If price in 15 min chart takes out red support where I showed red arrow then complete structure will change to down side. Long positions should be covered when pink and green zone is taken out in five min chart. Hope all points are crystal clear now. Rest market will decide. YOGESH VATS
hi yogesh i m in for long position, i took 22000 call today at market closing time, I'm worried for my call, pls suggest
IfOnly
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@yvatsji Sir, How the blue lines calculated. Not able to understand this. For upper blue line not able to find any previous resistence. Please give some reference to understand this.
Thank you !
yvatsji
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@IfOnly, to understand blue line you have to raise your level of understanding stock market structures . First complete basic level of candle stick which I have been recommending .
sharmaumesh1967
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Thanks sir !
This time not for precise analysis but for creating a beautiful community of traders, community of learners and a community of compassionate and kind human beings those who feel happy by helping others.
This, no one can match no matter how good his analysis is.
This is expressway to reach your destination ...
Thanks and Warm Regards,
yvatsji
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@sharmaumesh1967, this all is because of you people who are always ready to help each other by writing your good bad trades with reasons and urge to learn this art. Trade "n"Grow.
Cheers.
sharmaumesh1967
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@yvatsji, Sorry to differ sir :) It's your power of attraction that s working. You are sun of this solar system, source of infinite energy ....
Thanks sir
Rohaningle
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@sharmaumesh1967, I fully agree with this, @yvatsji sir you inspired us to help each other to learn and support.
wadhwaamit4
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Sir you are great! You manifest all moves in advance on Nifty & BNF with all conditions. If they are met, no one has power to stop it until unless some natural disaster news come in picture...
Dear Sir, from past few days am reading your analysis on bank nifty and also tracking the same on market hours. It looks like you are controlling the BANK NIFTY, the graph goes as you commands. I want to learn more from you. Thank you
And one question i would like to ask is, even though having your analysis and knowing market shouts upwards, still i tend to book the profits with 15 to 30 points max. After i sold, market booms adding 50 to 100 more points. What do you suggest me on this sir.