89digits

indicator Apex Wave - my trade was based on this today - I booked profits early because a lot of support zones are there for Nifty and BN - so did not want to wait - hence booked profits early - target was 100 points but booked at 65 itself. Above is Nifty right and BN left on 5 mins time frame.

indicator Time Machine showing Nifty on 5 mins below EMA and VWAP, has cut the zero line at the bottom as well.

Another view - indicator Zenith on left - Scalp and Swing on right - both showing Nifty 50 on 5 mins time frame.

Will it go to test yesterday's low is the question - lets see.

Trade Details - 65 Points captured.

Beautiful Points taken on Sensex PUT side.

Zenith indicator - Score right now hovering around 20/100 territory - which shows sellers are in control - I'll only consider longs once it goes and sustains above 80/100.

indicator Apex Wave - Nifty and BN have gone into a very narrow band, there is range contraction - it's better to wait for the Regression Trend ( called Astra Bands in Apex Wave) to expand again - there is a video on our channel on Range Expansion and Contraction you can watch that as well for better understanding.

Took some points on Sensex PUT side.

I'll consider going long only if that score goes above 80/100 - till then no longs for me.

Today's story so far in a nut shell.

Intraday Trinity - Knowledge is Power

I just came to my system - will not trade today - too late now - and I generally trade in the first half - I can see this morning - Nifty gave 2 good opportunities - i shall highlight them below with a pic using indicator Zenith - so that my view is shared. Cheers

Question - can Zenith be used on Dow Jones / S&P 500 / Nasdaq / XAUUSD / XAGUSD / BTC / ETH ? ————————— Answer is YES, best used on 15 mins or lower for intraday, above 15 mins for Swing.

Couple of Points   1. If you trade smaller time frames like 1 to 15 mins - you need to learn about SL Hunting, a common concept and very real one at that. One common trick you can try is - when you feel like taking a trade - don't - instead mark the area and where the SL would have been had you taken that trade and enter if it comes to your SL. 2. Control position sizing, the smaller you trade the better it is. 3. It is good not to trade every day, trading every day is not a good rule. 4. Come blank - no preconceived notions about the news you heard, no news is best news - trade in silence if you can - just looking at charts is the best, don't apply your logic just trade what you see - not what you think. 5. Go Blank - Don't carry the burden of your losses home - forget it and move on, don't be ecstatic either when you make a good profit, learn to stay calm, else it effects your health. 6. Choose an instrument and a time frame and stick to it, don't keep shifting time frames and instruments. 7. There is no substitute for Wave RSI, we can't seem to find how to better it either - hence it's now part of all our Gen 2 and high-end indicators - learn to see patterns in Wave RSI, no matter what the time frame - this one works. 8. Watch our video on the rule of 3% - at least once a week, it will keep you motivated. 9. Trading is about making money – nothing else – it does not grade your intelligence / character / social status – nothing – it’s just a person with a machine trying to make money, it does not have to be more than that, you do not have to prove your intelligence and most profitable traders are generally not the most intelligent but they are the most disciplined for sure. 10. Scared Money does not multiply - To multiply wealth, capital requires courage combined with strategic management. 11. Do not follow people who give buy and sell tips live online – you need to become independent of all these, and the only way of doing that is by becoming extremely good at reading charts, once you get good at reading charts – it’s a quality no one can take away from you and you will never be dependent on anyone. Real wealth is freedom and non-dependence on anyone.