mahendrepersad96

mahendrepersad96

Hey guys, so im back with another trade journal of mine. Its as i always say, always keep tabs on your trade history, by any means. Eventhough i had a clear path set out for this week, it somehow turned out to be a real challenge for me, because each and every single one of my trade went into losses. I always say that i wont let a loss keep me from re entering...

mahendrepersad96

I ve been telling myself that keeping tabs on my trade outcomes, by journaling each and every single one of them, will help me progress in the longrun. This week has been a struggle, a challenge, a lesson, but most importantly, a blessing. This week has shown me my potential, if i keep holding the disicipline the business itself requires. My weeks outcome is the...

mahendrepersad96

So today would have been the perfect trade, because of the fact that the market did exactly what we anticipated. After we got the retest, the trend contiuated and its currently going to the first target of $12580, - Monday and Tuesday were really great days for me profitwise, but today i saw what i was preaching about all this time. My overall bias in the market...

mahendrepersad96

So i've been charting for the last two days, and i've to a conclusion. My take on the current market state is most like bullish. I am keeping to the 4hr chart with this analysis, and if i look at my market structure, the last low level/bullish key level the lady Nas was in, was at the $11770, - zone. Thats where we had a bullish order block, or lets say a buy...

mahendrepersad96

Hey guys, I'm back with another journal. After I capitalized on my trade Monday, I didn't get any activation on Tuesday, yesterday. Around 04:00 am this morning I woke up early to do my market analysis, when it struck me that I had a great potential buy I could take. So, I marked up the zones and put a small buy order at the $11800, - zone. Looking at what the...

mahendrepersad96

Hey guys, So i've been journaling for at least 3 weeks now, and im back with a new one. First of all i want to wish everybody a happy trading week. As i spoke about in my last journal, where i recapped last week, i spoke of a small gap that was gonna close this week. I knew for a fact that the market was gonna continue the bullish trend, so i was running a small...

mahendrepersad96

Hey guys, Im back with another tradingjournal of mine. This one will be based on the 4hr chart. As we can see, there was a clear bullish trending market, where we had breakouts followed by retests to the previous zone. The trend reversed immediately at the $11600, because there is hidden supply overthere. If u watch closely, the price literally broke out of the...

mahendrepersad96

So this trade journal will be based on the analysis i did on 15/01/2023 So my initial trade setup was a Sell stop from the $11450 zone downwards to $11400. I anticipated a hidden divergence was gonna form, but the market played out a whole different way. On 16/01/2023 the market made the first impulsive move downwards and reversed after that. I normally dont say...

mahendrepersad96

Hey Guys, A new week of trading is commencing, and i did a take on my initial analysis, but dimmed it down to the 15min chart. This one is gonna be short and sweet. Looking at the current marketstructure, i just realised that the market has a few zones to react to. If i focus on the dynamic support i spoke of a few days ago, i see the market will form a hidden...

mahendrepersad96

Hey guyss, So this time i wanna talk about a few aspects i went through this week, so please bear with me; First of all i wanna talk about the initial anaylis i had on 08/01/2023. Just a short recap, we had a price drop and a price accumulation on the 1hr chart. From that onwards we expected a price break out with a theoreticle break out, and thats exactly what...

mahendrepersad96

Hey Guys As u can see, I am still working with my initial analysis from 08/01/2023. Looking at the market structure, I see immediately, that we are also in a dalparabole. our market was in an accumulation and broke out of it. It looks like it broke out and retested the breakout-zone. The price is continuing the initial bullish trend. Take note, that tomorrow is...

mahendrepersad96

As anticipated, the lady Nas made the first move, and we capitilized on it, by using the right R:R ratio. Now we wait on the next move, to capitalize on

mahendrepersad96

So, Based on the overall bias in the market, i placed my first order for this week, but based on market structure, there are much more trade opportunities on its way. Happy Trading

mahendrepersad96

So guysss first i want to wish each and every trader a happy and prosperous trading year. I've been off for a few days, due to the fact that i have exams i have to partake in, but here is my take on the lady Nas; This analysis is based on the 1h chart, because i always say, that the minor timeframes show u what the marketprice is doing as is, but the major...

mahendrepersad96

Seeing how the market played out today, was just a matter of right timing. Sometimes we enter the trade to early, and get stopped out. Apparently we see that at the wyckoffs, but as i said earlier, we also need to be mindful of the market conditions and just keep our eyes on the chart

mahendrepersad96

Soooo guys here i am with another analysis for the Nasdaq100. Its clear to me that Nas made an exponential drop today, or as the call it, an bearish impuls. Its als clear that the $10800 zone is a powerful support zone. We also see a descending resistance forming. In other words, Nas is in a descending triangle. I anticipate a breakout downwards, and possibly a...

mahendrepersad96

So if i look at my initial analysis from yesterday, i can proudly say, that it played out for the most part. I saw that the market pushed up yesterday, taking out all the Liq point, after it started going down. Aparrently the price was in a ascending channel this morning. Theoretically we know that when the price comes from an bullish impuls into a ascending...

mahendrepersad96

This is my first ever trade analysis after starting with my trading journey almost a year ago, so please bear with me. As we can see, the price was in a ascending trendline, and after that, went immediately into a price consolidation. Nomally, we would take a buy, but as we can see, there were some liquidity graps in the market. With that said, i anticipate the...