Day Trader’s Post Market Analysis - Nifty BankNifty-1st Nov '23Below mentioned points are discussed in my post analysis video(Fast forward to 0:45 for Hindi Audio)
-Sold nifty in the morning
-Poor Volumes in both nifty & Banknifty
-Sold Nifty Future in first half but the SL was very big!
-How will i trade when market opens tom
Daytrading
USD/CHF Short and GBP/USD ShortUSD/CHF Short
• If price impulses down below the wick below, it does so in a convincing manner and a subsequent tight flag forms, then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
GBP/USD Short
• If price corrects and a tight one hour flag forms, then I'll be looking to get short with a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
Day Trader’s Post Market Analysis - Nifty BankNifty-31st Oct ’23Below mentioned points are discussed in my post analysis video(Fast forward to 0:55 for Hindi Audio)
-Sold nifty in the morning
-Range Based Structure with a good range
-Sold Nifty Future Twice, and in one trade, Sl was hit.
-How will i trade when market opens tom
NZD/USD ShortNZD/USD Short
• If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
Day Trader’s Post Market Analysis - Nifty BankNifty-30th Oct ’23Below mentioned points are discussed in my post analysis video(Fast forward to 0:45 for Hindi Audio)
-No Trades in the morning
-Scalp Sell Failed in nifty
-Nifty & Banknifty Day's structure was not indicating a sell
-How will i trade when market opens tom
FTSE100 - Long Signal (Relief Rally)FTSE100 D1
Buy some came into play late last week, following the latest stock dump, we have since started to bounce following an upside gap, pushing as much as 1.7R, but sat at a current 1.3R.
Eyes on FTSE100, we may see a second attempt bounce from that 7265 support price. It's going to be a busy week, I can't stress that enough, with all the risk events, economic data and earning figures to come out, NFP, AE and UE figures Friday too.
XAUUSD All time high in November? Good evening gold gang! we are back with a new week and a new month! The analysis last week was on fire .. lets continue it this week.
If war tensions still escalate i predict we will see all time highs on gold this November, from there i want to be taking long term sells .. i will keep everyone updated as i do this dont worry
Asian session pull backs would be nice to grab a nice buy spot but with whats going on geo politically, i would think it can still continue to rise and break through the daily resistance zone from may this year
Lets let some candles play out gang .. thank you for over 200 followers this weekend! insane numbers .. ive hit the 2000 like gold did lol .. thank you
catch you in london
tommy
CHF/JPY Short, NZD/USD Short and USD/CHF ShortCHF/JPY Short
• If price corrects and a tight flag forms, then I'll be looking to get short with a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
NZD/USD Short
• If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
USD/CHF Short
• If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
EURGBP Swing Entry OpportunityEURGBP is not the most trending currency pair, but I do believe are some momentum plays. They're slow to form, like taking all of last week, but the trend change does spell some opportunities.
There are two key points that signalled the reversal and hold.
Price broke above a consolidation that I marked for a reversal change signal.
Shortly after the neckline breakout, price formed another consolidation. Two weeks ago, price broke above that consolidation and halted shortly after the breakout.
For the week ahead, I'm watching to see if momentum picks up. If I do see stronger bullish candles, this will be good consideration to scale into a long position.
Potential Reversal Play on NZDJPYObserved a reversal and channel break on NZDJPY. It's a bit too early to tell at the moment given that I haven't seen anything structural over on the weekly timeframe. But, getting in early does help ensure a high R:R if this trend holds.
Over the past two months, I've marked four points of interest:
Price breaches previous high formed around mid-June of this year.
After a quick pullback, price re-tests the high but fails to sustain.
This is where we see the neckline breach as price closes below a prior support level.
A range was formed mid-October and Friday's close was a good indication that I should be keeping a close eye on this pair for further downside action next week.
#TI LONG INTRADAY TRADE SETUPGreetings Folks,
today i have prepared a setup of TI on NSE
the analysis is as follows-
- the price is trading in a very close vicinity to an important static resistance
- either the price will breakout at instant or take some time to gather some orders
- there is also some imbalance which needs to be filled, this will act as confirmation to our setup
don't play with fire, always use a predefined stoploss
Day Trader’s Post Market Analysis - Nifty BankNifty-27th Oct ’23Below mentioned points are discussed in my post analysis video(Fast forward to 0:45 for Hindi Audio)
-No Trades in the morning
-Scalping Day in both nifty & Banknifty
-Below 19050 Nifty Future could have given Shorting opp.
-How will i trade when market opens tom
#IDEA LONG INTRADAY SETUPGreetings Folks,
today i have prepared a setup of IDEA on NSE
the analysis is as follows-
- the price has not made any good retracement so far
- the structure looks like it can move upwards by some margin
- use the BSL as resistance and trendline as dynamic support
dont play with fire, always use a predefined stoploss
NZD/USD ShortNZD/USD Short
• If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
Day Trader’s Post Market Analysis - Nifty BankNifty-26th Oct ’23Below mentioned points are discussed in my post analysis video(Fast forward to 0:57 for Hindi Audio)
-No Trades in the morning
-Did not want to sell Nifty without some correction
-Banknifty was a buy for me in second half!
-How will i trade when market opens tom
EUR/CAD Long and USD/CHF ShortEUR/CAD Long
• If price pushes down to and ideally just below our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back up followed by a tight flag and then I'll be looking to get long with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
USD/CHF Short
• If price pushes up to and ideally just above our second area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
Day Trader’s Post Market Analysis - Nifty BankNifty-25th Oct ’23Below mentioned points are discussed in my post analysis video(Fast forward to 0:28 for Hindi Audio)
-No Trades in the morning
-Looking for a daily followup on this.
-19200 Finally Breaks in nifty Spot
-How will i trade when market opens tom