Natural Gas Neo Wave Analysis : Resistance Broken , What Next ????

Dear All,
                                                Natural Gas broken resistance on to way up what next

Imp : This update is Stirctly for Educational Purpose Only 

M :9873511276

Thanks & Regards

Abhay Mehrotra

NIFTY IT Neo Wave Analysis : Make or Break !!!!!

Dear All,
                                             
                                                  NIFTY IT facing huge resistance @ Higher levels

Imp: This Update is Strictly for Educational Use Only 

M :9873511276 

Thanks & Regards

Abhay Mehrotra

Gartley In Reliance !!!!!!!!!!

Dear All,
                           
                                                      We might have formed Gartley Pattern In Reliance

See How Fibo Ratio Have worked 

Pattern Will be invalidated If 

Imp: This update is for educational Purpose Only 

M :9873511276 

Thanks & Regards

Abhay Mehrotra 

Why Trader's Loose Money !!!!!!!

Dear All,

Almost 95% of traders loose money in Market.

Reason are plenty ..........but we discuss few of them

If have answers to following question then only you making succesfully in trading else you are loosing money .


1.Why Trading ......... Have you ever asked yourself why you want to trade ??

2. Your Style of Trading .... Positional / Swing / Intra day ??

3.What's your Edge in Trading ???

4.How much time you devote In studying Markets ??

5.Have you define which markets will you trade ???

6.On what basis you decide to enter into a trade ???

7.Exit criteria ??

8. Money Management rules ??

9. Position sizing ???

10. Are you having a Written Trading Plan ??

Trading is Business nothing else .............if your expenses are high (losses) then you will not earn profit in a business ......same apply to Trading also

Most people thing that only way of making money in trading is to have 10 out 10 or 10 out of 8 trades to be successful ............it is absolutely wrong

let me give you example ..

let say i put 10 trades with 40% accuracy

Winning trades 4 with an average profit of 6 rupees per trade ---4*6=24

Loosing trades 6 with average loss of 1 ruppes each 6*1=6

Profit in 4 trades =24

loss in 6 trades = 6

Net Profit =18 rupees


so see even if your accuracy rate is only 40% you still make good money ......so if any body claiming 90% and 99% accuracy he is fooling you this is blunt truth that most people dont understand

If you follow this mantra only you will make money " cut your loss fast and let your profit run"

very easy to say but very difficult to follow .

Most Advisory people claim 90%---99% accuracy ...........use your common sense if any body has this kind of winning ratio he will become multi millionare in very short time and why he will sell his advice .

"Trading is all about Probablities never certainity "

People sell magic software , claims giving operators tips ............and catch greed of innocent traders

"Consistent money always comes from hard work "


Hope you find this post useful !!!!!

Thanks & Regards
Abhay Mehrotra

Nifty Neo Wave Analysis : Time & Price Analysis !!!!!!!!!!!!

Dear All,
                               On 14 Dec Given Update On Nifty and Told that as time & price have combine
we expect sharp move up kindly read http://www.abhaymehrotra.com/2015/12/nifty-elliot-wave-gann-analysis-levels.html


                                                                              Price Analysis 

                                                          Below are  the charts posted on that day

Tgt on Upside were 

What Happened After Our Update , Nifty zoomed and Did Both Tgt 

If Nifty Break & Close Above 7947 For two Days 

then Only we can see these levels 

Time Analysis 

Told in last Post that Gann Time Cycle are operative between 12 Dec --24 Dec (+-3) days 

24 Dec + 3 Trading session were 28,29,30 Dec 

Today is 30 Dec 

Min Time & Price Condition meet 

Now Time will not Support Nifty & Price need to work alone 

When time & Price Combine Changes Happnes  ............W.D.Gann

Imp : This update is Strictly for Educational Purpose Only

M :9873511276 

Nifty Neo Wave Analysis : Levels Bang On !!!!!!!

Dear All,
                            On 14 Dec Given Following update on Nifty http://www.abhaymehrotra.com/2015/12/nifty-elliot-wave-gann-analysis-levels.html

                                                             Below are the chart posted on that day

Tgt Were 

What Nifty Did After Our Update Zoomed Up 270 Points so Far 

From 7650 to 7937 

Time Analysis 

Gann Time cycles are Operative btween 12 Dec --24 Dec +- 3 Days

24 +3 Trading seeions ar 28, 29 , 30 

Min Time & Price Condition Have Been Meet 

When Time & Price Combine changes Happens ........W.D. Gann

Imp: This update is strictly For Educational Purpose Only

M :9873511276 

Thanks & Regards

Abhay Mehrotra 

Natural Gas Neo Wave Analysis : Resistance @ Higher levels ???? Stay Cautious !!!!!!

Dear All,
                                               
                                                    Natural Gas Can Find Resistance @ higher levels

Imp : This Update is Strictly For Educational Purpose 

M :9873511276 

Thanks & Regards

Abhay Mehrotra

Bank Nifty Gartley Pattern Bang On Target , Zoomed Up 700 Points !!!!!!!!

Dear All,
                                  On 15 Dec given update that we spotted Gartley Pattern On Bank Nifty

           kindly read http://www.abhaymehrotra.com/2015/12/bank-nifty-make-or-break.html

                                                          Below is the chart we posted on that day

What Happend After Our Update 

Bank Nifty shoot up from 16200 to 16946

Imp : This Update is For Educational Purpose Only 

M: 9873511276 

Thanks & Regards

Abhay Mehrotra 

Aluminium Neo Wave Analysis : Time For Wave X Up ????

Dear All,
                                         
                                                  It seems we are way up for Wave X In Aluminium

Imp : This Update is Strictly For Educational Purpose Only 

M :9873511276

Thanks & Regards

Abhay Mehrotra 

Nifty Neo Wave Analysis : Time & Price Analysis Bang On ,First Target Done , Zoomed Up 200 Points !!!!!!!

Dear All,
                                On 14 Dec We given Update and clearly Written that Min Condition for Time & price done amd  Time will support Nifty ........Kindly read http://www.abhaymehrotra.com/2015/12/nifty-elliot-wave-gann-analysis-levels.html

                                                           
                                                 
                                                         Below are the charts posted on that day

Tgt for Upmove were 

What Happened After Update Nifty Zoomed up Form 7650 to 7850 

Imp : This Update is Strictly For Educational Purpose 

M :9873511276 

Thanks & Regards

Abhay Mehrotra

Crude Ellito Wave Analysis : Set For Wave X Up ????

Dear All,
                           
               
                     We might have formed a short term bottom can se bounce in crude

                                 


                                     Imp : This update is for Educational Purpose Only

                                                            M :9873511276

                                                       Thanks  & Regards
                                                         Abhay Mehrotra

Bank Nifty Make Or Break ????

Dear All,
                           

                          We might have formed Bullish Gartley Pattern in Bank Nifty on Daily charts

Today low was at pefect Fiboo Cluster 

Bank Nifty seems to be in Situation of Make or Break

Imp: This update is Strictly  for Educational Purpose Only

M :9873511276 

Thanks & Regards

Abhay Mehrotra

Nifty Elliot Wave & Gann Analysis : Levels Bang On !!!!!!!!!!!

Dear All,
                             On 5 Dec Given Update On Nifty For make or break .kindly read http://www.abhaymehrotra.com/2015/12/nifty-neo-wave-analysis-time-analysis.html

                                                       Below is the chart we posted on that day

                                                It was clearly written that 7561 Will be Min Price Tgt

What Nifty did  After Our Update Collapse and achived 

first price Tgt of 7561 Nifty spot Today

Min Price Conditions Have Meet 

Time & Price Min Conditions Done 

Can expect These levels 

Time Analysis 

                                                  Gann Time Cycles are operative btw 12 dec --24 Dec

                                              Imp : Time Will be supporting Nifty till 24 Dec(+-3 days )

                                      Second Price support is too far 7100 ,  Levels 7100 will get Activated if we

                                                breach 7550 Close For two days  so Far  Min Conditons for

                                    Time & Price been meet , We can expect sharp up move if today low Hold

                                    When Time & Price Combine Change Happens ..........W.D. Gann

               



                                               Imp : This update is strictly for Educational Purpose


                                                                               M :9873511276

                                                                              Thanks & Regards

                                                                               Abhay Mehrotra

Nifty Neo Wave Analysis : Time Analysis Bang On !!!! Now Make Or Break ????

Dear All,
                             On Nov 18 Given Update That we expect wave B up and expect it to Reach btw 26 Nov--29 Nov (+-3) Days , Nifty Reached 7979 On 2 Dec (29 Nov + 3 Trading session gives 2 Dec as date range ) .....Nifty hit Top on 2 Dec and then started Falling , kindly read http://www.abhaymehrotra.com/2015/11/nifty-neo-wave-analysis-time-price.html



                                                      Below is the chart we posted on that day

Min Tgt We were Expecting  

What Happen After Our Update , Nifty Moved Up as expected Bt Nt Meet Desired Tgt 

Bt Reach Very close to Price & Time zone and then reversed 

Now  What Next 

Price Analysis 

As of Now Time & Price Are In equllibrium 

Price Will decide the Move with no support of Time 

7760 Nifty spot is Trend Decider Close below for Two days 

we may see C wave Extending On Down Side 

Bulls Only Have chance If We close Above 7930 Nifty spot For Two days 

Time Analysis 

Gann Time Cycles Will be operative Btw 12 Dec--24 Dec (+-3 Days )

When Time & Price Combine Changes Happens ........W.D.Gann

Imp : This update is Striclty For Educational Purpose Only

M :9873511276 

Thanks & Regards

Abhay Mehrotra 

The Need To Be Right – Common Psychological Traps For Traders !!!!

Dear All,

            My experience tells me one of the biggest issues traders have is the ever present " Need to   be Right "


Some thoughts on what characterizes great and successful traders.


Great traders graciously accept losses. They don’t need to be right all the time.



Great traders focus on proper execution not on the outcome of a single trade.



Great traders concentrate on good risk management. They constantly manage their open positions.



Great traders are emotionally detached. Single trades do not affect their mood.



Great traders don’t compare themselves to others. They isolate themselves from the opinions of    others.



Great traders are not afraid to buy high and sell low


Conclusion:

Isolate yourself from the opinions of other people. Make trading decisions your own. Focus on proper execution. Have the courage to do the right think because it is Right .


The most important rule of trading is to play good defense, not great offense.
- Paul Tudor Jones



Thanks & Regards
Abhay Mehrotra