Tatachemicals - Pin bar

4 янв. 2017 г.

Tatachemicals shows weakness in price action. 1. Upward Trend line broken 2. Price action forms higher high, but RSI forms lower high. 3. Pin bar formation showing rejection of higher price level.
Sell tatachemicals with stoploss 507. Targets are 500 and 496. Happy Trading! https://in.tradingview.com/chart/QtD56IkU/

5 янв. 2017 г.

Сделка активна

6 янв. 2017 г.

Сделка закрыта: достигнута стоп-лосс цена

Nifty bullish

6 янв. 2017 г.

Сделка активна

6 янв. 2017 г.

Заметка

This week's error - 2 . Trading against the main index without proper plan.

11 янв. 2017 г.

Сделка активна

Short at 311.2 with stoploss 317

14 янв. 2017 г.

Сделка закрыта: достигнута стоп-лосс цена

Daily chart showed pin bar above RSI 60. I entered trade when trendline broken, pin bar formation, RSI showing weakness in one hour(Trade against the main index)
Now tatchemicals reached the next resistance level 323. in.tradingview.com/chart/QtD56IkU/

22 янв. 2017 г.

Заметка

Lesson 1 : Against the main index.
Lesson 2 : Any entry which is too early or too late is wrong.
Lesson 3 : Against Dow tenet "A trend is assumed to be in effect until it gives a definite signal of reversal".

13 мар. 2017 г.

Заметка

1/2/17 daily candle is bearish pin bar. 1/3//17 has bullish pin bar. General trend is uptrend. Bearish pin bar is rejected by the price action as the next day cadle is bullish pinbar. 1/4/17 candle has higher upper wick. And once again price action rejected the bearish view.

13 мар. 2017 г.

Заметка