Advance Price Action Trading with Demand Supply & More

[satintrade]

Hey @AlphaT

Would this qualify as an ERC zone on Ambujacem (H1 Chart)

 

[AlphaT]

Hey @AlphaT

Would this qualify as an ERC zone on Ambujacem (H1 Chart)

View attachment 39755

Yes, this is an ERC DZ but consider it be not fresh anymore. When a zone is missed by something like 10 paisa, I would treat it as a touched zone, also this is not the type of zone nor the type for time frame where I would like to trade a 2TB.

 

[AlphaT]

 

[gjshenoy]

@AlphaT Tatasteel Monthly.... I have a question... Drop away from the DBD is swift when compared to arrival into the zone back again (considering time).... Should we consider Drop stronger than Rally?.... regards

 

[gjshenoy]

 

[satintrade]

Heromotoco (15m)

POI broke an important 'barrier'

 

[AlphaT]

@AlphaT Tatasteel Monthly.... I have a question... Drop away from the DBD is swift when compared to arrival into the zone back again (considering time).... Should we consider Drop stronger than Rally?.... regards View attachment 39779

Yes definitely! Stronger move out of a zone and weaker arrival to the zone is a good thing!

 

[AlphaT]

View attachment 39782

Why is it an ERC?

 

[AlphaT]

Heromotoco (15m)

POI broke an important 'barrier'

View attachment 39784

Looking at the zoomed out chart, I can consider this as a barrier but not an important barrier. Also, the zone's structural quality is also not that great.

 

[dhruv24]

BNF FTR trade. Had taken a similar trade on nifty using sgx but got stopped out on that.