Reading Price Charts Bar By Bar

KWR

Active Member
very nice thread
 

Snake.Head

Well-Known Member

TataSteel 19-6-15

1) fbo of YOH bar 2 week bear close seller at bottom, bar 3 bull failed close above bar 2 and inside bar
bar 6 found support at bar 1 low
TR formed should have enter on bar7 9.45am,mind didn't guts to enter has tail above bar plus thinking that it was just trap or pullback in bear trend (Haven't started on fbo)

2) DT

3) fh2/L2 not sure about fh2,but l2

4) final flag for bear

5) Bear trap ? Big bull bar then strong bear close at below mid prior bull bar
Here i was looking for second leg long,but didn't came plus II and tails above

6) 3 prior failed close above ema,not sure prior bar small and doji like thought has BW.
 
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Snake.Head

Well-Known Member
Relcap 23-11-15
Did few goofs up with order placement,will try manage more carefully.

Bar 1 Gap up but bears took control try to go beyond y close,but stopped 15min ema
Bar 2 fbo of bar 1 equally size as bar 1 wait for FT
Bar 6 Was surprise big bull bar + closing strong
Bar 7 bear not giving it that easily strong mid bar close
Bar 8 fbo below ema and bar 6, strong Bull close
Bar 9 bear bar + TRI + overall context Bears losing their grip 3 failed attempt to resume bear trend (closing all bear closing are around y mid )
Bar 10 strong breakout from OL was not sure about target 1) target was bar 6 high 2) Y HOD
Bar 11 Should have enter on last bar.Needed to work BO setup
Bar 19 W Bar 13,20 Y HOD
Bar 23 W1p Short Ri 1/RE 1.5 Got out at close of bar 30. I was thinking it might go low bar11 or bar 10
Bar 30 Bull strong + tail at bottom Overall outlook maybe bar 23 small pullback in bull channel up
Bar 31 Short this bar with target has low of bar10,11 cover at bar 36 bear doji
Bar 41 2 attempt by bear to resume trend failed
Bar 46,48 failed resume bear trend bull channeling up with ema support
Bar 49 Long at close of this bar Sl at Bar 46 low
Bar 50 Sl saved by few ticks
Bar 51 exited at close with forming w 38,44,51 
 

Snake.Head

Well-Known Member
Relcap 24-11-15
Bar 1 Price started from below y close and bull took charge of it BO
Bar 4 Bear bar with strong close Let see how FT
How bear attempted were take out by bulls two time at bar 8,12
Bar 12 Good Bull bar,could have enter on this bar
Bar 17 BO of BW
MM for bar 17-18
Bar 20 Entry at close of bar SL at low Bar 18
Bar 23-24 Good FT
Bar 28 mDT Add more on close of bar
Bar 34 Exited all MMU + W with Bar 25,30,34
Bar 40 fbo of HOD + 2ES Entry at close of bar
Bar 44 Exited Big bar + tail at bottom thing that Bull might be scale in Bull channel up
Had Internet issue around 1.30
End up watching Gotham Tv series and missed some good trade
 

monkeybusiness

Well-Known Member
Relcap 24-11-15
Bar 1 Price started from below y close and bull took charge of it BO
Bar 4 Bear bar with strong close Let see how FT
How bear attempted were take out by bulls two time at bar 8,12
Bar 12 Good Bull bar,could have enter on this bar
Bar 17 BO of BW
MM for bar 17-18
Bar 20 Entry at close of bar SL at low Bar 18
Bar 23-24 Good FT
Bar 28 mDT Add more on close of bar
Bar 34 Exited all MMU + W with Bar 25,30,34
Bar 40 fbo of HOD + 2ES Entry at close of bar
Bar 44 Exited Big bar + tail at bottom thing that Bull might be scale in Bull channel up
Had Internet issue around 1.30
End up watching Gotham Tv series and missed some good trade
Nice Analysis Snake.head,

Can you once post full forms of abbreviation used for better understanding.

Thanks
 

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