4xpipcounter's trendlines

[4xpipcounter]

Anil, we had the TL break, then the correction. There is little doubt in my mind this market is headed to 160.

piyush, but we are trading TL breakout, does we consider this LL/LH, also one more thing how you posted this image

anil negi

 

[4xpipcounter]

Oops, I jumped ahead of your post and already gave you my take.

@ Paul , Anil posted this...

that support shouldn't hold i guess, its making LL/LH in the last leg...

whats your take?

 

[anilnegi]

Anil, we had the TL break, then the correction. There is little doubt in my mind this market is headed to 160.

could you just ellaborate how you get this target and also what SL to be kept, while trading, also is this always a good trade to take on 1st breakout or on 2nd retraceement, i am little confuse over this

anil negi

 

[timepass]

Well, this one looked to me like a bearish 1-2-3.

But there is also a solid divergence on the stochs.

 

[4xpipcounter]

The best thing to do is set an entry to short at the dip and go long at the swing high. Combined with the strong stochastic divergence you mentioned, along with some favorable momentum, I would favor this market to rise higher. The area you drew the red dotted line appears to be some solid R It would at least force the market to go sideways for awhile. Having other TF's would be helpful to look at.

Well, this one looked to me like a bearish 1-2-3.

But there is also a solid divergence on the stochs.

 

[4xpipcounter]

Anil, it;'s the extension of the original 1-2-3.
I also pulled my own charts and found perfect R in the form of the weekly cloud and S on the daily cloud.

could you just ellaborate how you get this target and also what SL to be kept, while trading, also is this always a good trade to take on 1st breakout or on 2nd retraceement, i am little confuse over this

anil negi

 

[piyush.arora90]

I'm really bummed by such trades that tend to kiss back the inside channel line before taking off. Uflex is down to 115.

 

[raul12]

Dear All,

I am personally a fan of trendlines and I am trying to go understand 4xpipcounter's trendline concepts highlighted here but there are no charts in any of the posts. It could be bcoz it's a pretty old thread.

Can any of you provide a link which explain these concepts along with charts or if any of you have a pdf version of 4xpipcounter's trendline concepts I would request you to share it.

 

[wisp]

Dear All,

I am personally a fan of trendlines and I am trying to go understand 4xpipcounter's trendline concepts highlighted here but there are no charts in any of the posts. It could be bcoz it's a pretty old thread.

Can any of you provide a link which explain these concepts along with charts or if any of you have a pdf version of 4xpipcounter's trendline concepts I would request you to share it.

If anyone has the images saved, please share or a pdf would be simply awesome.

 

[Vijay11]

Hello 4Xpipcounter,

In one of the thread of Mr. Debarghya Mukherjee (Intraday Profit System), you mentioned about a book of Gann consisting 209 pages.

May I know the name of the book? I would like to read it,please.

Thanks & Regards