Learn How To Fish

[PreSap]

How we start the day?......................................

Vis UT yesterday afternoon then

1.Gap into range but above ERL
2.Gap above VPH
3.gap in to range and comes above yday high
4.gap beyond VPL
5.gap into range below ERL
6.gap beyond VPL and back into def area(ERL area)
7.gap beyond VPL and goes stright back to above VPH

Just some changes for if DT yesterday afternoon...

1.If gap below VPL then short 1st bar if its bearish or wait for minor pivot for short
2.gap into def area(erl area) ----Visual PH required for long or it has to come
back below VPL and trade back into def area then that pvt in def area can used

ALSO IF GAP INTO RANGE THEN WE NEVER GO LONG/SHORT DIRECTLY @ VP'S

Is the ERL correct?

Thank you.

 

[VJAY]

Is the ERL correct?

Thank you.

Yes

Sent from my Micromax A106 using Tapatalk

 

[Adarsh padiyar]

@VJAY sir
I am indebted to you for imparting such valuable knowledge .Thank u for your efforts

 

[mrmsmarket]

Thank u mr.vijay. your thread was very much informative and it cleared most of my doubts. Thank u .

 

[vivek.civil17]

hi vijay below i posted my trades . pls correct it

 

[vivek.civil17]

hi vijay . i m struggling in range markets . pls correct it

 

[vivek.civil17]

here i was trapped or wrong trade by me ?? i went for long

 

[vivek.civil17]

hi vijay
today also i m failed in ICICI and SBIN . from tomo will go with 5 mins TF with MPL and MPH breaks . pls guide me

 

[vivek.civil17]

my todat trade in SBIN

 

[VJAY]

Dear Vivek,
something miss in your posted chart I think....You trade with one scrip initially to get command in method.Once you confident in method you can trade multi scrips...though I reco to trade with one scrip...