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T For Trading

  #961 (permalink)
 
devdas's Avatar
 devdas 
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: Z
Trading: NiftyFuture
Posts: 1,562 since Feb 2010
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This is how the symmetry broken and could not repeat 3rd time.



Activity and EOD chart




Harvest The Moon
Nest The Market
Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote

Can you help answer these questions
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  #962 (permalink)
 
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 devdas 
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: Z
Trading: NiftyFuture
Posts: 1,562 since Feb 2010
Thanks Given: 1,513
Thanks Received: 1,701

A typical MIRZ movement right from open, had significance from lower demand zone bounce back also.
Upper zone is important now. Yday power bear attempt is seen as "Early Bears" which caught in.






On daily Breakout Lines have shifted upward. Immediate and partial buy on pullback towards lower breakout line ( 8221 )
gives better risk-reward.




Taking a break from day trading for one month summer vacation. Will be posting views on daily timeframe if time permits.

Happy Trading.

Harvest The Moon
Nest The Market
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  #963 (permalink)
 harry737 
london, UK
 
Experience: Intermediate
Platform: NT
Broker: NT
Trading: Stocks, Bonds
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devdas View Post
A typical MIRZ movement right from open, had significance from lower demand zone bounce back also.
Upper zone is important now. Yday power bear attempt is seen as "Early Bears" which caught in.






On daily Breakout Lines have shifted upward. Immediate and partial buy on pullback towards lower breakout line ( 8221 )
gives better risk-reward.




Taking a break from day trading for one month summer vacation. Will be posting views on daily timeframe if time permits.

Happy Trading.

Thanks for the updates and have a good vacation, where are you going?

Reply With Quote
  #964 (permalink)
 
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 devdas 
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: Z
Trading: NiftyFuture
Posts: 1,562 since Feb 2010
Thanks Given: 1,513
Thanks Received: 1,701


harry737 View Post
Thanks for the updates and have a good vacation, where are you going?

Can't go outside, office has bonded me again.
Just a relief break only.

Harvest The Moon
Nest The Market
Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #965 (permalink)
 
devdas's Avatar
 devdas 
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: Z
Trading: NiftyFuture
Posts: 1,562 since Feb 2010
Thanks Given: 1,513
Thanks Received: 1,701

Nearest MIRZ zone, which need to clear by bulls to come back.
so far this move will be termed as "Early Bulls".



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Nest The Market
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  #966 (permalink)
 
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 devdas 
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: Z
Trading: NiftyFuture
Posts: 1,562 since Feb 2010
Thanks Given: 1,513
Thanks Received: 1,701

Not a smooth path,


Harvest The Moon
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  #967 (permalink)
 
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 devdas 
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: Z
Trading: NiftyFuture
Posts: 1,562 since Feb 2010
Thanks Given: 1,513
Thanks Received: 1,701




Harvest The Moon
Nest The Market
Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #968 (permalink)
 
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 devdas 
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: Z
Trading: NiftyFuture
Posts: 1,562 since Feb 2010
Thanks Given: 1,513
Thanks Received: 1,701

A better bearish signal,

Breakout Lines shift downward. Upside line stands near 8360 approx.



Harvest The Moon
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  #969 (permalink)
 
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 devdas 
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: Z
Trading: NiftyFuture
Posts: 1,562 since Feb 2010
Thanks Given: 1,513
Thanks Received: 1,701

In process of generating new lower MIRZ level, so far 8280 zone is where bear will face trouble.



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  #970 (permalink)
 
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 devdas 
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: Z
Trading: NiftyFuture
Posts: 1,562 since Feb 2010
Thanks Given: 1,513
Thanks Received: 1,701


Unless bull clear this lower MIRZ zone, a pause can not be expected in downtrend.


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Nest The Market
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