BNF IS DIRECTIONLESS SAME IS PROVED TODAY SEE HOW ?

COMPARING MY FRIDAYS STATEMENTS WITH REAL PRICE MOVE IN BNF TODAY.

1. In my point 4 ,I clearly mentioned "If red dotted line is crossed upside then zone two will be target." You can see bnf opened gap up and in first hour it achieved my quoted target. In point No5. I mentioned " structure is direction less depends upon next trading session opening . Extension in trend convert many traders into hope trade." Why I wrote this I know three cases where shorts converted into hope trades. One my personal know. Second one of my followers who shorted around 18400 and did not clear when bnf opened gap up though at 7.30 am I updated this is going to happen. Third my case As market closed At structural switching point. So I also carried my short positions. But there is difference in trading style of first two cases and my case. As soon as market opened I waited for first 5 min to see price action. When I found 5 min candle taken support above zone 1 solid red line. I immediately booked loss in that position accepting trap by bulls. At same time I traded in option to long side. And booked my position slightly above zone 2 upper end. I could do this because When i provide levels they work either support or resistance. Now you see I minimized my loss by square off my future long positions. On other side that loss is covered by options trading position. Other two cases are still in loss. To give my example is to show you that accept your position in loss. when circumstances are opp. This is how an experienced trader manage his trades. Trapping is part of price movement you can not escape from this whether how much you are learner ed . Basic victory is how you apply your brain to manage your loss.
2. Now see my first update at 7.30 am where I mentioned "And see price action zone first and second where this extension is expected to finish.so basically long positional can not be open .only intraday can be opened. if risk reward is suitable. otherwise positional short will be good strategy only when this extension gets over .". Can you see in this statement I was aware where this extension is going to get over. AT 7.30 I manifested the next move of bnf and same updated to all my followers. I myself acted accordingly. and mitigated my trap loss. If i wanted then i could have easily converted my trade into hope trade like other two example. But I know the result of this foolishness. Now you can see zone 2 upper banned was not taken out in 15 min and 1 hrs time frame. That is my condition for taken out any zone or support resistance. Those who are old followers know this condition of trading in my trading style. I Have been mentioned several times in posts, attaching My condition detail post on 14 may when I shared it in detail. You can see price made only First Hr candle out side my zone 2 but could not take it out in next three hours of trading . Later bnf fell down from high. I showed you how trading is done with crystal clear way with proof of advice given to one of my followers who is stuck with shorts In Friday comment box. I always talk with proof never flaunt . What is truth that i share with you so that you all can understand how trading is done. One of the troll ers who said in my comment box on Friday that he himself has spend 20 years in this field. Sir , I spend only 14 years and wrote in my post that bnf is directionless though I was bearish and took my positional shorts. As you told you have planed everything for short trade but bnf did not give you chance to go short rather trapped. You had no plan for long side because you did not plan both sides . As you mentioned in your comment , if price go long then you will see. But I Manifested everything on Friday and mitigate my loss from 1hr trade in long side. Though I have only 14 years of experience as compared you.
3. In 2pm update I mentioned "for now the trend which i was expecting to change on Friday structural point is changed to down. pl clear all your long." See at right time I informed you all. Result is awaited tomorrow.

Trade plan For next sessionon.

1. In fig. You see zone 3. At upper end I made green circle If any case by gap up opening or while trading this is even breached then it will be confirmation of trend changed to upside only sell on rise. A small doji is seen in circle that shows that bulls have exhausted that is why next candle is selling one. That is power of candle stick which provides quick change of sentiments else you know the psychology behind it in right prospect. Always find candle stick pattern at zones ,support and resistance when I provide . Because my zones and support resistance work magically. You all have been witnessing it for quite sometimes in all my posts.
2. On the contrary If zone 3 is intact then good chances to move down and confirmation will be seen when zone 1 is even breached to down side.
3. As per today move this was final trap by bulls. But bears let them do this because they want ed to get good price for shorting .So now bulls will be ultimately trapped when all conditions I shared gets fulfilled.
4.My first target is zone 1 lower end. Rest market will decide.
YOGESH VATS

تعليق:

Hi followers,
This point of time bnf standing on critical point if today's high is broken then 20500 on other side if low is broken then fall.