ST Sir,Did u take any trades today?Also need some help that whether FTC above PDL (initially) was a short signal. Though it eventually did not prove to be one, but during the course of market I thought it to be.
AnuragNo.I was attending officeIt is not FTC,but BPB of PDL. Avoid it as FTA was too close.I have marked itOne can safely short immediately after open with SL above BRN,PDH and Do.ST
Sir.I am regular visiting your blog & I am trading only on price & volmes with japanies canles conept please make some comment for my better understanding.TodayOn plain fno 5 M chart with vol only low 5838 candles:Tail shaped low making vol:8,40,000L 5838 C 5866.(2)Next to it.vol 1,49,000 L 5843 C 5489.Both tailed shapes shows priece absorption3rd storng bullish but 4th "MARUBOZU"full shavenbullish candle.Both swallow all sell off.5th hammer.If low making candles is "MORUBOZU" bearish price can stll go down.Buy triggers.
Please read (2)vol 1,49,0000 C 5849 typing mistake.
HarishSorry. Could not follow your question properly.I do not follow Volume or candle patterns. ST
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