Insights(26Sep24):Bearish Bias small gap up or at last close.RED
アップデート済
Bearish Bias, small gap up or at last close. Red day. Sometime Market repeats the patterns refer Thursday 01-FEB-2018.
Open: small gap up or at todays close. Bearish Bias. Should retest yesterdays low, if broken should go further low similar to the pattern on Thursday 01-FEB-2018 with long upper and lower wick. Should end in red.
(Inner voice): Hmm... back again without any data points. What's your analysis ?
(Me): Its just a probability... 1. Based on my historical data analysis I see a Bearishness tomorrow.
2. My RenkoIndicator shows a sell signal.
(Inner voice): Can't trust your RenkoIndicator, it repaints and sometimes the signal just vanishes into thin air. hahaha...What if it just turns out to be a huge gap up and very Bullish ?
(Me): Always look at the pre-market and take the final call. Also have strict SL.
(Inner voice):Hmm... lets say you are right this time... how do someone take an entry, exit and SL ?
(Me): What i do based on the pre market if it aligns with me I enter a buy with say 1 lot on open and may add additional lot if it tests and rejects previous close or open in this case. SL will be previous days High and take profit 1 will be next resistance point as highlighted and so on.
(Inner voice): What if SL is too huge... and it turns against you ?
(Me): It depends and adjust based on if probability is high and have a strong conviction.
(Inner voice): Hmm...How do I trust you ?
(Me): Don't trust anyone blindly...Do your own research before jumping in... You are responsible for your trades and loss or profit. This is only my journal I am maintaining for my studies, research and educational purpose.
Follow strict stop loss.
Do your own research before investing or trading in any stock or indices or crypto.
Disclaimer:
I am not SEBI registered. This is not a financial, investment or trade advice. You are responsible for your trades. Its only for educational purpose.
Open: small gap up or at todays close. Bearish Bias. Should retest yesterdays low, if broken should go further low similar to the pattern on Thursday 01-FEB-2018 with long upper and lower wick. Should end in red.
(Inner voice): Hmm... back again without any data points. What's your analysis ?
(Me): Its just a probability... 1. Based on my historical data analysis I see a Bearishness tomorrow.
2. My RenkoIndicator shows a sell signal.
(Inner voice): Can't trust your RenkoIndicator, it repaints and sometimes the signal just vanishes into thin air. hahaha...What if it just turns out to be a huge gap up and very Bullish ?
(Me): Always look at the pre-market and take the final call. Also have strict SL.
(Inner voice):Hmm... lets say you are right this time... how do someone take an entry, exit and SL ?
(Me): What i do based on the pre market if it aligns with me I enter a buy with say 1 lot on open and may add additional lot if it tests and rejects previous close or open in this case. SL will be previous days High and take profit 1 will be next resistance point as highlighted and so on.
(Inner voice): What if SL is too huge... and it turns against you ?
(Me): It depends and adjust based on if probability is high and have a strong conviction.
(Inner voice): Hmm...How do I trust you ?
(Me): Don't trust anyone blindly...Do your own research before jumping in... You are responsible for your trades and loss or profit. This is only my journal I am maintaining for my studies, research and educational purpose.
Follow strict stop loss.
Do your own research before investing or trading in any stock or indices or crypto.
Disclaimer:
I am not SEBI registered. This is not a financial, investment or trade advice. You are responsible for your trades. Its only for educational purpose.
トレード終了: ストップロスに到達
(Me): Market is Supreme. Sometimes patterns don't match, so took SL.
(Inner voice):Hmm...are you kidding me. :-)
コメント
Actually that fall happened today...
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。