Friday, August 19, 2022

Today market

Morning we have decided to watch call option reversal area.....for entry...

However, price action suggested (hourly sequence setup) put option is going to have the run for the day..

Immediately, we have changed our view and gone along with the market... and entered into put option..

Moral of the story :  You have to have the application of knowledge to change your mind according to the price action...... never ever use your brain against the market.... you will fail...

Always.... market is the "Superficial devil" and the authority....don't under estimate...

Go alongwith the swings...

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Index

No trading zone....

Watch call option reversal points...forget about the put option levels...

Cheers....


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