Daily charts:
- trend is up on daily charts (from today)
- this is the first buy signal after the correction
- immediate SL/ swing low 10400
- AD was flat (slightly positive)
- expecting very strong resistance around 10900 levels and then 11000
- option writing support 10000
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg0XZcjEzydD5Gq3uekRTHSwApDjXbvtljZsLZ0cmQgdtqwNTf3YSxL0ECsjUOyFBKYDSPnrnjILz6VejUX07wWo9zVtQmGZHB9gHu9n2cTfNAyJXuEKUWStWlR-fiJl0WgSGFoohDTyq8L/s640/a.png)
My kplswing indicator has also given a buy.... SL 10440 spot
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgia3rULgrFR-L8RknXZicE8Qdaq9uvwgyIOI2z2b4PSvkN0OVgJnbtMxQqonjHcEqP1mv19WAntmArMt2GNzBKvJ0JguZTxZH2IzutmOBdOJGRVwDVyDFRDyZJxPkSMfoj-G_4i5IfXLmS/s640/a.png)
5 min charts:
- gapup opening was sold into
- did not trade later due to news based event
- the problem is never the entry... it is managing the exit.
- circled area shows
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh3CDMeS7M8iE8aasxws8oGfs75KsRZTKQRQCJ0wC-BV_s09yV9jK_xlxtJvmHXfWrkxuqjzDlZ3sviWiSUwTxmPPYoov5lZWXh-7xoQXrbhY3s1tjREirrgXF7ckV8erzRzsCJp5a3OxLN/s640/a.png)
Same chart with swing indicator... note trade would have been stopped out around 10740 giving no profit no loss
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgAGLtVMA7NdkbGIhR2-SpYMaUqw16ZjvRfuN5K18NC9RgRnAJwysSH_IKsmcEPOgGf174623CETbMZB-FyFRPs4i3MQS_X_kcRcU4GFsOS19jhUCYH4lhcj1WTn4A-FslpNiMKn98ZxitX/s640/a.png)
- trend is up on daily charts (from today)
- this is the first buy signal after the correction
- immediate SL/ swing low 10400
- AD was flat (slightly positive)
- expecting very strong resistance around 10900 levels and then 11000
- option writing support 10000
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg0XZcjEzydD5Gq3uekRTHSwApDjXbvtljZsLZ0cmQgdtqwNTf3YSxL0ECsjUOyFBKYDSPnrnjILz6VejUX07wWo9zVtQmGZHB9gHu9n2cTfNAyJXuEKUWStWlR-fiJl0WgSGFoohDTyq8L/s640/a.png)
My kplswing indicator has also given a buy.... SL 10440 spot
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgia3rULgrFR-L8RknXZicE8Qdaq9uvwgyIOI2z2b4PSvkN0OVgJnbtMxQqonjHcEqP1mv19WAntmArMt2GNzBKvJ0JguZTxZH2IzutmOBdOJGRVwDVyDFRDyZJxPkSMfoj-G_4i5IfXLmS/s640/a.png)
5 min charts:
- gapup opening was sold into
- did not trade later due to news based event
- the problem is never the entry... it is managing the exit.
- circled area shows
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh3CDMeS7M8iE8aasxws8oGfs75KsRZTKQRQCJ0wC-BV_s09yV9jK_xlxtJvmHXfWrkxuqjzDlZ3sviWiSUwTxmPPYoov5lZWXh-7xoQXrbhY3s1tjREirrgXF7ckV8erzRzsCJp5a3OxLN/s640/a.png)
Same chart with swing indicator... note trade would have been stopped out around 10740 giving no profit no loss
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgAGLtVMA7NdkbGIhR2-SpYMaUqw16ZjvRfuN5K18NC9RgRnAJwysSH_IKsmcEPOgGf174623CETbMZB-FyFRPs4i3MQS_X_kcRcU4GFsOS19jhUCYH4lhcj1WTn4A-FslpNiMKn98ZxitX/s640/a.png)
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