Learn How To Fish

[MSN1979]

The DT (1) showed in oval is sideways ? as it not formed below previuos vpl (2) so bull flag only ? we should not take shorts even DT confirmed abv prev VPl when priorly UT is confirmed ?

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Vijay Please correct me if I am wrong.

I am just taking a guess for learning purposes. I think it should be break of mPH formed above recent VPH.

 

[anml]

today watched only , as last 2 days hit sl ,hesitated , but today did well !

 

[VJAY]

very good moves in tatamotors , but got only 2 rs , exited earlier , felt very bad after exit

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When you have a clear plan( if not make one) about SL,TSL/exit then how its happen early exits?!!!!!!!!!some time we may see late entry /early entry as jumping into gun ...but for exits that too clear cut UT its totally wrong as in this method loss trades are higher than winners ...so we must get full juice from winners

 

[anml]

im getting screwed when candle just shows some pullbacks before candle completes , thinking to exit earlier in profits rahter than loss or breakeven , have to practise this first to sit tight with sl or tsl .

 

[VJAY]

Vijay Please correct me if I am wrong.

I am just taking a guess for learning purposes. I think it should be break of mPH formed above recent VPH.

View attachment 27632

yes ..I think in drawing some error ...sorry if its my drawing ...no one asked about this one before ....thanks
actually if we are in DT then we enter long mph abv vph as trend changing...note that we avoided VERL thing here for learning purpose

 

[VJAY]

The DT (1) showed in oval is sideways ? as it not formed below previuos vpl (2) so bull flag only ? we should not take shorts even DT confirmed abv prev VPl when priorly UT is confirmed ?

View attachment 27630

Yes its visual sideways...for taking trade its upto ones rules...if one not take counter trend trades in visual sideways then NO...if take trades as per just trend rule then just stick with basics ...we need mpl blw VPL for shorts(if UT) or @ VPL if it confirms DT

 

[VJAY]

Vijay Sir, how is the flood situation any improvement? Saw on the news red alert has been removed.

Yes situation improved a lot ...now normalising

 

[vivek.civil17]

 

[vivek.civil17]

Hi vijay bro , hope u r fine .

charts attached fr your comments

 

[vivek.civil17]

yes ..I think in drawing some error ...sorry if its my drawing ...no one asked about this one before ....thanks
actually if we are in DT then we enter long mph abv vph as trend changing...note that we avoided VERL thing here for learning purpose

View attachment 27636

yes , i followed the old drawing bro , will take this rule in next trades