Price action with Candlestick Analysis(No indicators)

[poortrader]

Dear Vertigo,
from where will i get the book by lance Beggs - "Your trading coach" and sam's articles ??

-vivek

Google it, you will get the links

 

[hik]

hi ppl after longtime

Some of company list to watch
on 10th sep tata motors breached resistance 333
shall we wait for a retest on a daily chart??
or a pin bar on the weekly chart and possible reversal?? no need to wait for a pin bar on weekly chart and trade it.

PPl who got exicited after watching big bull day on 10th sep must have brought it using their indicator systems or breakout of resistance price action.
if price comes below 333 stops are triggered and we can expect bearish side for sometime. i'm betting on a reversal .
either trade it on a 1hr chart for continuation of trend by breakout pullback or wait for price get below 333 + pullback and trade it to downside. 319 target for shorts and 348 target for longs. Todays price is at a crucial point.

printscreen

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screen shot windows 7

 

[hik]

The banking sector has seen sharp rise after rupee strengthened

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Expect a breakout pullback on a hourly chart for icici (for longs) . since the pullback is very BIG SIZED bullished Candles.
Still long way to go for SBI
relcap in a range , possible can trade at the edges of 300 and 372
Sail today formed a pin bar anyone with a daily chart can post it

 

[VJAY]

Welcome back dear HIK.....bang with usual charts

 

[hik]

An example of pnb
Drawing lines on weekly
Watching closely on daily
pulling trigger after waiting for a candle pattern formation on a 1hour chart.

 

[hik]

Welcome back dear HIK.....bang with usual charts

Thanx
howz your trading >??

 

[VJAY]

Thanx
howz your trading >??

Going good hik....... hope you too enjoying your trades

What about your intraday tests?if its settled please share some thought on that

 

[hik]

Going good hik....... hope you too enjoying your trades

What about your intraday tests?if its settled please share some thought on that

yes iam
intraday trades in the sense , the system i tested with indicators failed after sometime , but then i shifted to intraday price action trades. Just spotting levels on weekly/daily and going to 1 hour for candles patterns. one of thebest methods ever. R:R exceeds limits sometime. because we get cheap entries from 1hour point of view and we can hold the trades for days together .
monthly 4-6 trades are more than enough.

here is another example of intraday entry via daily support and hourly entry pullback.

By intraday if you mean trading daily on a daily basis , then im not sure. but still as you knw the process is pretty much same. go to 1hour for spotting key levels and then go to 5min for entry.

how to do a screen shot


DLF is coming back up for another TEst?? or a break ?? lets see

 

[hik]

Next few days are important lots of companies are pulling back for a retest.

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[avny]

welcome back hik

we were missing u

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