BC CBLEARNINGS
Saved by @SAnngeri

Don't memorize patterns, candlesticks, and etc

If you want to get better at this gam,ask yourself

What are traders on the sideline thinking?

Where will other traders get trapped?

Where’s the path of least resistance?

Where will new players enter?

Where will losers cut loss?

 Start trading traps to increase your win ratio as well ledger.
As price would give close above yesterday high as well making day high, all system as well Algorithm traders go for buy.
Then one can see what happened next.
But nobody tell this.
Same pattern here too. Long bull candle close making day high, then fall-fall-fall.
Unfortunately nobody shares this.
Mostly all r busy in indicators can’t see it.
I have thousands of charts like this.
I only & only trade these traps only.
See the red arrow bull candle close at day high then fall. Isn’t there similarity.
Friends, all charts are same. Train your eyes to see these spots & then capitalise next time.
Opening got rejection at resistance.
But follow up selling is not coming.
If it won’t go down then where else?
Obviously up
These patterns generally forms as bearish trend diminishes and bulls trend starts.
Everything is Cristal & clear.
Chart crying
Buy me, buy me... I gonna up.
But ppl still busy in indicators.
Friends, trust me . Just follow Price, you would do wonders.
Start having conversations with chart.
Like :-
Where Price is approaching?
From where it is coming ?
Is there any important support/Resistance nearby?
How & where big boys can trap you?
That’s enough.
Say good bye to indicators.
"THE END"
https://t.co/TzNWH83CiX https://t.co/HvRJ4crMpu
For eg if Price rejected from Resistance, it shift to new bases lower zones (Demand).
Then it goes for Retest this time either accept or reject the new demand zone. If rejects then it turn out to b range bound day as price goes back up again.If accept then selling continues.....
The best trading advice that could be shared is:

Never chase
Always take a retracement entry

Once the trend for the day is known, take trade @ the retracements to ride the trade

Patience to enter
Patience to wait for target...
https://t.co/6ZpcQTgza9
->As per my experience if big move comes in first hour or so, there are high chances of trend reversal.
-> if after initial big move, price sustains either side of VWAP, it gonna be a big trend day after retracement to VWAP.
first candle itself Rejected at PDH & then quick fall.
Another reversal day category is when price gap up 150-200 Points and makes first red big candle, then sell with SL at mid point.
If a small candle then can go with Sl at day high.
When market goes for short term double top or bottom, these days are generally are violent one to trap & wipe out account of those who don’t proper plan in hand, that’s why every TA emphasises to keep a watch on bigger timeframe as well.
Earlier too i shared a Nasdaq Index chart where such intense selling observed, when it went nose dive down from after 50% retracement cum double top after one down move leg.
Once trend is all set, sell at candle colour changes.
Eg:- Bearish
When you find white candle at support than next a engulfing black, just sell it without any second thought.
Once boarded, keep selling every white candle low till it meets demand.
Or vice versa.

You May Also Like

Simon Wardley #EEA
Simon Wardley #EEA
@swardley
X : Our executive team is concerned that we need to up our game in order to out innovate Amazon.
Me : Do you map?
X : Yes
Me : Like this?
X : No. What's that?
Me : A map of a tea shop.


X : Why is that a map?
Me : Long story, all to do with how space has meaning. To keep it short, maps help people to focus on user needs, the components involved, to communicate missing components and scenario play ideas like staff becoming robots.


Me : They’re also good for measuring and managing capital flow, making investment decisions, removing bias and getting rid of duplication.
X : I don’t see how that helps with innovation?


Me : Well, innovation is a tricky word because we use it to describe many things. If you’re talking about differentiation with the adjacent unexplored then you’re experimenting in the “uncharted” space e.g. immortality with magic provided by the special custom built kettle.


X : That sounds like nonsense.
Me : A lot of what people think will be the next great innovation is nonsense. Actually, most of it is. That’s the nature of the uncharted space, it’s experimental, high risk and generally results in failure.
X : We need more reliable innovation.
TECH
Jaya_Upadhyaya
Jaya_Upadhyaya
@Jayalko1
BANASHANKARI AMMA, NEAR BADAMI (KAR)
#bharatmandir #navratri2021

Originally built by Chalukyas in 7th century. Devi Banashankari was their family deity. This image of Banashankari Amma was installed by Jagadekamalla I in 630 AD.

Later renovations were done by Marathas.


Once, a demon Durgamasur was troubling the people of this area. Answering the prayers of Devas, Ma Parvati emerged from the yajna fire as Banashankari and killed Durgamasur.
This area has rich forests of coconut, betel nut and other trees.
@GunduHuDuGa


It is said that during a severe famine, Devi provided vegetables and fruits to the people of this area.
Hence, she is also worshipped here as Shakambhari.
In the annual festival called Banashankari jatre, a Rath yatra takes place and Devi moves around the city in the chariot.
ALL
Advertisement
David Rothkopf
David Rothkopf
@djrothkopf
Trump on climate: I don't believe it. Trump on Khashoggi: I don't believe it. Trump on Russia: I don't believe it. Idiocy? A canny game? Doesn't really matter as much as the underlying intellectual autocracy. In this administration only one opinion matters.

It's an assault on facts and reason. It's an assault on good governance. It's an assault on the bureaucracies that are being discounted. It's an assault on science and history. But it is also an assault on one of the underpinnings of democracy.

We live in a system that is grounded on the idea of collaborative government. Leaders may have a final word but even then, there are typically checks and balances. Hopefully, in this case, such checks and balances may work. But they also are being tested.

The president's position that he is smarter than all the world's scientists, than the entire intelligence community, than experts who have studied any issue all their lives, is, of course, asinine. But his belief that government turns solely on his opinion, is monarchic.

Louis XIV reportedly said, "L'etat est moi." That he was the state. Trump asserting that he knows better than all, discounts all advice, that his brain is enough to chart the course for America alone, is essentially saying the same thing.
POLITICS
Tej Dosa \U0001f602\U0001f9e0
Tej Dosa 😂🧠...
@ComedicBizman
(A THREAD)

18 Things I Would Do At 18:

I was a dumb 18-year-old. I thought I had the world figured out. I didn't.

I stayed up till the wee hours. Drank every liquor invented.

Partied non-stop. Woke up after noon.

Surfed the web aimlessly.

Read BS self-help.

Repeat.

If I could do it all over again, here's 18 things I would do...

PHASE ONE: GET MY MIND RIGHT

ACTION #1: Break the chains - I wish I made the decision earlier. I didn't. I was scared. Anxious. Nervous. I knew once I made the decision, there was no going back.

Don't be like me.

Make the decision at 18. The decision to pave your own path in life. To go against the herd. To choose your own adventure. To commit to whatever sets your heart on fire.

ACTION #2: Cut off every negative person in your life.

Scroll through the contacts in your phone...

Notice how the names make you feel.

Delete any and all names that fill you with doubt and negativity.

ACTION #3: Condition your mind to embrace the producer mindset instead of the consumer mindset.

Consume 20% of the time. Produce 80% of the time.

Case closed.

ACTION #4: Set an intention to make $10k a month and write it out every MORNING and NIGHT as if you already achieved it (in the past tense).

Visualize yourself already having the money as you write.

Cheesy?

Yes.

Does it work?

Yes.

PHASE TWO: EDUCATION
LIFE
Panic! in the Discord
Panic! in the Discord
@discord__panic
Neo-nazi group #PatriotFront held a photo op in #Chicago last weekend & is currently marching around #DC so it's as good time as any to compile a list of their identified members for folks to watch for

Who are these chuds?

Patriot Front broke away from white nationalist org Vanguard America following #unitetheright in #charlottesville after James Alex Fields was seen with a VA shield before driving his car into a crowd, murdering Heather Heyer & injuring dozens of others

Syed Robbie Javid a.k.a. Sayed Robbie Javid or Robbie Javid of Alexandria,


Antoine Bernard Renard (a.k.a. “Charlemagne MD” on Discord) from Rockville, MD.

https://t.co/ykEjdZFDi6


Brandon Troy Higgs, 25, from Reisterstown,
EXTREMISM