My Daily Options Trading Diary

[findvikas]

DJI is making a rising wedge on drying volume...

can crash anytime..

 

[findvikas]

looks like bears having a late brunch in US

clear bearish chart... bears are trying hard to keep the afternoon fall behind the scenes

 

[gbiradar]

I have learned one thing .... when in doubt do not take overnight positions... earlier I used to track US markets on Friday night and hoping it will close in my favor and if it does not my weekend is spoiled...

Today.. I have no worries... who cares if it is gap up or gap down... I am loving the trend!

Thats Cool !!! :thumb:
If you continue the same way u traded today... I think u don't need to keep ur positions open ever... simply amazing... :clapping:

 

[eYogi]

Dear Vikas,

Really appreciate ur views... great work.. keep it up

 

[chaitanyagoa]

Goodluck for the market everyone...

Wish me luck for my CA exams start today.. Am very nervous !!

Wishing U all the best............

 

[chaitanyagoa]

DJI is making a rising wedge on drying volume...

can crash anytime..

On that time frame are u look at?

It shows a clear Rising wedge on a % min time frame.........:annoyed:

Thanks

 

[findvikas]

5 min chart... and here comes the bear action

see how bears are driving the DOW today... falling volume rising price... rising volume on falling price

 

[chaitanyagoa]

5 min chart... and here comes the bear action

see how bears are driving the DOW today... falling volume rising price... rising volume on falling price

Excellent Analysis Vikas.........:clapping:
Also i tried the 13,21 SMA on a 5 min and a 2 In charts.......

I think the lesser time frame charts give better reading..... I think I shud try on a 1 min chart..... What Say?

 

[findvikas]

not enough time left and it was a clear distribution activity all across the day... Monday could be a gap down even if we close flat today

 

[findvikas]

Excellent Analysis Vikas.........:clapping:
Also i tried the 13,21 SMA on a 5 min and a 2 In charts.......

I think the lesser time frame charts give better reading..... I think I shud try on a 1 min chart..... What Say?

1 min chart is too short to actually trade unless its automated trading .. I prefer 2 min chart