Advance Price Action Trading with Demand Supply & More

[AlphaT]

is this as per SD or your own method?

I think he took the DBD there...

 

[Snake.Head]

is this as per SD or your own method?

Per SD but enter little early

 

[noobT]

Cipla declared their Q2 results two weeks ago and I had marked it for tracking since profits and revenue grew in both Q1 and Q2..

Results:
Q1 - YoY profit up 6%, revenue up 1.2%, ebidta up 24.4%
Q2 - Yoy profit up 25%, revenue up 9.6%, ebitda up 29.5%, margin up 320 bps

On weekly charts, it almost came down to the marked demand zone last week and went back up this week..

 

[preethi21]

What your system say about Heromoto ?
Buy or sell?

 

[AlphaT]

What your system say about Heromoto ?
Buy or sell?

Don't short now! Long only on confirmation. (Only for learning/paper trading)

 

[preethi21]

I have shorted @ 2445..

 

[AlphaT]

I have shorted @ 2445..

We don't short at Demand zones, however, zones can get deeply penetrated, also, this a stacked zone scenario so price can go to the next zone as well, so don't lose heart.

 

[sabhlok_r]

Don't short now! Long only on confirmation. (Only for learning/paper trading)

View attachment 38780

Have you taken 5 aug and 31 jul as the basing candles for drawing the stacked DZ ?

 

[preethi21]

Sure.. I have kept 57 point Target.. and 40 point sl..

 

[AlphaT]

Have you taken 5 aug and 31 jul as the basing candles for drawing the stacked DZ ?

31 July for lower zone (In these type of zones ideal basing don't exist, so we have to take the whole candle as base, if you feel it's too big then drill down to a lower time frame like 1hr/15min to get smaller basing candles)

22 July & 5th Aug for the upper zone, these are special cases, called QM which I have'nt covered yet on the channel since it's an advanced topic.