Friday, November 22, 2013

22.11.2013 Friday


Snap shot at 10.57 am of 1 min chart.

The downsloping PF from pivot 1 is the major PF defining the downrtrend which is the bias right now.
Morning it has hit the red UMLH, reversed and hit the Median line at pivot 4 and pivot 5.Drawn a PF from pivot 3.Price is moving parallel to the green LMLH and if it tests the red UMLH at the confluence of green and red ML/UMLH and reverses,then there is a setup to short at these levels.

Snapshot at 11.27 am 


 Price zoomed above the red UMLH.
Snapshot at 12.30 pm

Intraday short on breakdown from magenta channel .

Snapshot at 1.04 pm


A new red Downsloping PF was drawn when the price reached a little higher than Pivot 2 and started falling.It broke out of the channel triggering a short setup.Ideal short entry at test / retest of the UMLH.

Snap shot at 3.07 pm


Price pulled back till the UMLH and the breakdown from the pullback trendline , below minor pivots was a perfect short Entry.Targets at Median line and below Swing pivot was reached.

Snap shot at 3.30 pm


Monday, November 18, 2013

Thursday, November 7, 2013

7.11.2013 Thursday


Intraday Entry setup and projected targets

Tuesday, May 21, 2013

Wednesday, May 8, 2013

8.05.2013 Wednesday

intraday chart
Aggressive entry
LMLH test - low risk aggressive long entry
Based on PA - probable entry zone - 6050-6040 or breakout of 6058
Stoploss 6025
target 6100++ zone

Chart update