Daytrading
Day Trader’s Post Market Analysis - Nifty BankNifty-28th Sep ’23Below mentioned points are discussed in my post analysis video(Fast forward to 1:27 for Hindi Audio)
-Nifty had a bearish structure in 1st hour
-No Volumes in both banknifty and nifty
-Shorted nifty Future once 19589 broke for prev day low break
-How will i trade when market opens tom
EUR/CAD Long and EUR/USD LongEUR/CAD Long
• If price impulses up, it does so in a convincing manner and a tight flag forms, 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.
EUR/USD Long
• If price impulses up, it does so in a convincing manner and a tight flag forms, 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.
$META 285 PT? POP N DROP?Yesterday we had an incredible day trading NASDAQ:META with a 200% play up and 950% play down. Not your usual options trading day, but a calculated trade in both directions. Yesterdays pop drop and pop created alot of tension in an area already pent up. I do think we have a high probability of downside, but I am ready to take it long if triggers break.
#BANKNIFTY INTRADAY TRADE SETUPGreetings Folks,
today i have prepared a setup of BANKNIFTY
the setup is as follows
- the main setup was in 5 min timeframe but i cant share it because of some restrictions
- the price is facing a static resistance which can flip off to become the next support
- price is trying to break out of the bearish structure
dont play with fire, always use a predefined stoploss
Day Trader’s Post Market Analysis - Nifty BankNifty-27th Sep ’23Below mentioned points are discussed in my post analysis video(Fast forward to 1:06 for Hindi Audio)
-No Trades in the morning
-Sell volumes in Banknifty in first half
-After 12, Bank Nifty looked bearish, but Nifty didn't.
-How will i trade when market opens tom
GBP/AUD ShortGBP/AUD 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.
Swing Trade Opportunity on EURAUDThe euro seems to be bearish against a basket of other major pairs. As price reverses from mid-August highs, we've seen two consolidation ranges.
Price is currently in the process of breaking out of the lower range boundary of the second consolidation. I expect momentum to pick up.
CHFJPY Swing Trade As Channel BreaksQuick update on the CHFJPY pair that I've been watching for the past while. the reversal is underway. After a quick consolidation, this pair continues to selloff.
There's a swing trade opportunity underway as price is breaking the lower boundary of this daily range.
Day Trader’s Post Market Analysis - Nifty BankNifty-26th Sep ’23Below mentioned points are discussed in my post analysis video(Fast forward to 0:51 for Hindi Audio)
-Took a buy trade in the morning and sl was hit.
-No Volume day!
-19734/19602 break in nifty spot will help!
-How will i trade when market opens tom
EUR/CAD Long, EUR/USD Long, GBP/AUD Short and GBP/NZD 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 price simply impulses up, it does so in a convincing manner and a tight flag forms, then I'll again 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.
EUR/USD Long
• If price pushes down to and ideally just below the lower trend line of our most recent piece of structure, 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 price simply impulses up, it does so in a convincing manner and a tight flag forms, then I'll again 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.
GBP/AUD 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.
GBP/NZD 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-25th Sep ’23Below mentioned points are discussed in my post analysis video(Fast forward to 1:15 for Hindi Audio)
-Bearish -> Bullish -> Bearish!
-No Volumes in both Banknifty & Nifty
-Today's day low in Nifty Spot is a level to watch.
-How will i trade when market opens tom