Advance Price Action Trading with Demand Supply & More

[vikki_trader]

@AlphaT , In this ICICI chart, which zone can be considered as POI - either 1 or 2. As FTB, didn't break the SZ, where source is zone marked with POI-1, 2TB only made the SZ to break where source is POI-2 zone. Please confirm. Also for marking POI, the earlier zone should be broken on FTB itself or 2TB/3TB. Any more rules on that. Please clarify

 

[sabhlok_r]

Bajaj Finance 2TB on weekly,

https://www.tradingview.com/x/pPFD47nF

 

[AlphaT]

@AlphaT , In this ICICI chart, which zone can be considered as POI - either 1 or 2. As FTB, didn't break the SZ, where source is zone marked with POI-1, 2TB only made the SZ to break where source is POI-2 zone. Please confirm. Also for marking POI, the earlier zone should be broken on FTB itself or 2TB/3TB. Any more rules on that. Please clarify View attachment 42103

Good question Vikki! Here POI 2 is the correct POI zone! But remember, the best POI zone would be the one that break the Barrier/Zone in one go! This shows the power of such a POI zone.

 

[Sanat]

Sir, it is CAP zone in HDFCBANK 5 min chart
Which you have shown on Telegram.

 

[AlphaT]

Is the POI marked correct @AlphaT View attachment 42102

Where is the barrier? I can't see it in this chart!

 

[AlphaT]

Sir, it is CAP zone in HDFCBANK 5 min chart
Which you have shown on Telegram.

It is something much more simpler! Think straight.. try once more.

 

[vikki_trader]

Good question Vikki! Here POI 2 is the correct POI zone! But remember, the best POI zone would be the one that break the Barrier/Zone in one go! This shows the power of such a POI zone.

Thank you @AlphaT . Does that mean a single candle should break the entire zone from top to bottom rather than more than one candle to break through the zone. Also in this case, I see the POI-2 got violated very quickly, so it is very weak one, correct. Please clarify.

 

[vikki_trader]

Today I see in Kotak 5min chart, the SZ is broken. So will the source of the up move zone marked become POI. Is it right. Also in image2, is the CAP marked correctly. Please confirm @AlphaT View attachment 42100 View attachment 42101

@AlphaT - please confirm about zone markings

 

[vikki_trader]

It is something much more simpler! Think straight.. try once more.

@AlphaT , Is it the POI as it broke the SZ. Attached the zone markings.

 

[vikki_trader]

@AlphaT - In ICICI 5min chart, is the Pin & engulf SZ (marked as SZ) is correct as it is broken quickly.
Also I see the marked POI SZ (marked as POI-2) formed due to DZ (marked as 'Demand zone-2') also got broken quickly. Could you clarify more on this as I am seeing the zones are not at all worked here.