hiteshbhatia3559

hiteshbhatia3559 Updated 

Premise: 1. A retrace to the OTE will occur 2. The bullish divergence will fully play out, bringing the price to the OTE 3. This retrace upwards will be in more than 5 candles 4. A bearish divergence will thus appear Execution: 1. 1:2:3 Short scale inside 1237-1240 2. Stop at 1286 3. Target is a long term support region at 1043 (zoom out :) ) Result: 1. A 6.26:1...

hiteshbhatia3559

Everyone has bad days in trading - I usually never let my mind get affected. This was different, because like an amateur, I panicked out of a set of trades because one went bad. I was in three trades simultaneously- 1. Short on a put option for 9000 strike = Would have worked out if I gave it time 2. Bought Tata motors - trade premise inconsistent and circled...

hiteshbhatia3559

Standard OTE play, weekly SRSI is already bottomed, will look for a local bottom on the hourly timeframe when it gets below 705.

hiteshbhatia3559 Updated 

Expecting the marked Long to play out, so selling the Put Option at 2000 strike price in the expectation of it expiring OTM.

hiteshbhatia3559 Updated 

Earnings to be out today. Intrinsic value breakevens are marked in red, with theoretical intrinsic strategy breakeven in black thick lines. If the price moves above or below the upper or lower black line respectively, the Long Straddle is in profit. I was inclined to take the trade but the premium was far too heavy, with October options expiring tomorrow and...

hiteshbhatia3559

Premise: 1. A Regular Bullish Divergence will be formed after a retrace up and a deep dive down 2. This move will happen within ten weeks 3. The former resistance at 252 will be strong support Execution: 1. Buy at 252 2. Stop Loss at 170 3. Target 1 : 452 4. Target 2 : 571 Result: 1. A 2:1 to 3.83:1 RR trade is completed

hiteshbhatia3559 Updated 

Premise: 1. The H4 timeframe SRSI will show a Regular Bullish Divergence 2. The lower and upper trend lines/triangle bounds will both be tested 3. The H4 180MA (essentially this is the 30 day moving average) will be tested Execution: 1. 1:2:3:4 scale in at 6540 - 6510, 1.5x leverage 2. Stop Loss : 6487 3. TP1 : 6627-6652 4. TP2 : 6757 Result: 1. A 2:83:1 RR...

hiteshbhatia3559 Updated 

Pretty good trade to take here - Weekly bearish divergence, a possible head and shoulders, and an otherwise boring company. There's one problem, and one problem exactly : Neither does this stock have futures nor does it have options. Buy and hold only. I wish I could short this - keeping the call for the fun of it, will revisit next year.

hiteshbhatia3559

Not making this a call since I'll be trading the trend intraday on XBTUSD and ETHUSD. Expecting to reach 7435 in the middle of October. Waiting to see how this will play out.

hiteshbhatia3559 Updated 

Premise: 1. The local hourly SRSI will be bottomed (unclear if a bulldiv will be formed, this is an early plan) 2. The retrace will happen in less than one day (in order to close the daily possible bullish divergence) Execution: 1. Long scale 1:2:3:4 from 6424 to 6405, 1x leverage 2. Stop Loss at 6393 3. Target 1 : 6480 4. Target 2 : 6560 Result: 1. A...

hiteshbhatia3559 Updated 

Premise: 1. The local hourly bearish divergence will show itself in the next two candles 2. The OneX Scalping Indicator will throw a sell signal on the hourly candles 3. Volume on 15min will reflect selling volume taking control (not shown here, can't promise a follow up with a 15min but I'll try) Execution: 1. Short scale 1:2:3:4 from 6500 to 6523, 1.5x...

hiteshbhatia3559 Updated 

Premise: 1. A bearish divergence will be observed on the daily chart near 7037. 2. This retracement upward will occur within two weeks. 3. Volume will decline Execution: 1. 1:2:3:4 short scale between 7037 and 7144. 2. Stop Loss Cluster at 7428. 3. Target 1 : 6550 4. Target 2 : 6287 Result: 1. A 2.09:1 Trade will...

hiteshbhatia3559 Updated 

Defining expanding price range for next week. Trades are as following: Short Setup ~~~~~~~~~~ Premise: 1. A Hidden Bearish Divergence will appear on the H4 SRSI 2. The Doubled Settings TK will be tested on Ichimoku (note that this is lower than my entry therefore my orders may be too high to hit - to compensate I have set alarms and will take the trade if I'm...

hiteshbhatia3559 Updated 

Premise: 1. The order in and above the OTE will be hit 2. The 15min SRSI will stay maxed out in this region, and move downward normally 3. The pullback will happen in less than one day Execution: 1. Short 1: a. Single scale in of 2x short at 222.42 b. Stop loss at 223.48 c. Target 1 : 214.93 2. Short 2: a. 1:2:3:4 2x scale in from 222.42 till stop loss b. Stop...

hiteshbhatia3559 Updated 

Premise: 1. M15 Regular Bearish Div will appear, 2. The hourly will go overbought (not shown here), 3. This will happen in four candles giving plenty time for the hourly candles to close Execution: 1. Scale entry : 6748-6769 1x cross 2. Stop Loss : 6800 3. Target 6622 Result: 1. 2.57:1 Reward:Risk trade.

hiteshbhatia3559

Note : I am already scaling in, 0.4x short, looking for complete hedge Premise: 1. Hourly Bearish divergence + correction is expected 2. Slight trend volume weakness 3. OTE retrace Execution: 1. Short : 6456-6491 2. Stop : 6553 3. Target 1 : 6362, Target 2 : 6282 Result: 1. 4.92:1 Reward:Risk trade ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Note that...

hiteshbhatia3559

Too tired to fully mark it up, just watching.

hiteshbhatia3559

Premise: 1. The 4hr SRSI will bottom, 2. The 4hr SRSI will throw a Hidden Bullish Divergence, 3. Price will not reach entry in one candle, Execution: 1. Scale out 1x long in range, 2. Scale out net 2x long at 88% 3. Stop Cluster as marked Result: 1. 3.55:1 Reward:Risk trade ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Wanted to share a couple of...