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TCS Swing Trade Opportunity || Case Study || Technical Analysis || Booming Bulls - YouTube
Channel: Booming Bulls
[15]
Hello everyone
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My name is Anish Singh Thakur
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and I'm a trader
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And I trade all the markets- Stock market, Forex market, Crypto markets.
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but I also like to do Swing trading
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And to do swing trading, you need to,
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you know, plan your trade and wait for the right opportunity
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And then your plan is activated
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Whenever your plan is activated,
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you need to take action.
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So it's time to take action.
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I'm made a key study on TCS for you.
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It's not just a simple trendline and a simple video
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This is a very educational video for you.
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If you want to do something more in this field, to make it a career and all,
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Or at least make it a part-time job along with your Job or business, but want to do something real
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Then watch this video carefully and calmly.
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Keep your mind empty and watch
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Don't judge it prior.
Watch peacefully,
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You'll get a
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perspective
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of how we can do analysis in-depth
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And we can be more sure about holding the trade depending on how deep we do our analysis
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won't be afraid and all
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We will wait for our stoploss
OK
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so come on, you first watch the video
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And then we'll talk in the end about the risk management.
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Alright.
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So I'm very excited to share this concept with you
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The case study of TCS,
OK
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It's a case study, so what all should we do in this study?
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I'm a total technical analysis guy, so I'll only go with the technical things
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I'll not go with the fundamentals on what exactly is happening in the company,
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how much work they get, what are their expenses, what all taxes they pay,
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what is their revenue-
Nothing-
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all these mean nothing to me.
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We only will look in the technicals
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And because we are doing the whole case study,
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Discussing the swing trade in the correct manner,
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2 reasons- so that you can earn money by trading
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plus you'll get to learn a skill that you yourself could do it.
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So whenever-
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Look this website is Opstra
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After coming to Opstra, click on the Futures Open Interest
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You can see what was happening in long term
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You see that it's an up-trending stock, a fall came\
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And recently a movement came in this,
OK
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When you look at the volume, you'll know that for the past three days the volume has been increasing
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This was during Diwali, leave that
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So for the past one-two- today
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Look at this-figures is in 80's, 90s and in 100000s
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So the volume has increased
And
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leave the day of Diwali,
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What do you call this one?
It's called long-buildup.
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It started a long build-up
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So this was Futures' data.
Now from this website,
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you know about the whole sector,
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Sector means, in which sector does this come?
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It comes in the IT sector
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This is Nifty IT's chart
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This is Nifty IT's daily chart
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If we see, Fib level
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make a double top once
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take support from the nearby levels
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Which levels?
Look,
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from 38.2% level,
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it made a hammer again.
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in Sector
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If we are just discussing about the sector,
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We will just simply go to Nifty's India sectors
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We'll make this daily
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And then we'll click an update,
OK?
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So so many sectors are coming.
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So if we
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do this, then what do you see over here?
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You'll see that this IT sector
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came to Improving Quadrant.
What does an Improving Quadrant mean?
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Improving Quadrant means
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Ok, an Improving Quadrant -
there are 4 quadrants
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Weakening, Lagging, Improving, Leading.
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Stocks usually go like this
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So now it has come in Improving.
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If I increase its tail, then where has it come from?
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Look, exactly like I said,
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it came from Weakening,
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Lagging and now Improving.
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If I here -
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If I want to know about TCS,
where TCS is,
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Then you'll get to see TCS also,
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TCS also
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came from Weakening
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to Lagging, now Improving.
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Now look, which stock do we need?
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We need Leading stocks.
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But leading stocks went leading already,
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what's the use of those who are going to leading?
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Usually, not every time,
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but a lot of times, mostly stocks rotates like this
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Lagging, improving then Leading.
So look,
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according to relative rotation graph,
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A right opportunity that about to come,
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Everyone knows the opportunities that have come already
You'll get that in top-gainer,
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you can see that in top gainers.
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So Open Interest data this.
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Now let's come to the charts
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It's showing us the sector's chart
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After a fall,
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I am a market structure-based trader,
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a good primary trend up,
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Then secondary goes down
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Now the secondary trade is also trying to be up.
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So that's a good thing for me.
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I'm taking an upwards movement after a fall.
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Second thing- let's see TCS's chart
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What have I done here?
I have kept the daily chart open.
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It’s a very strong trendline
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on which it has come back again.
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Ok
It is there-
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every strong trendline
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OK, I didn't check that,
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where it's moving average is.
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Let’s look where it's 200 moving average is.
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I didn't pay attention, because nowadays i don't remember to look at the indicators
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OK, that also is nearby
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Its nearby, 200 moving average
Leave it.
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Now what?
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Leave what’s happening now.
What I want to see is,
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before this how did it drop 1 2 3 4 over here.
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I want to show you what exactly happened over there.
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So come on, let's got to smaller timeframe
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Let's look a bit what happened on smaller timeframe.
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Let’s start from here.
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So if we come here when it started making the trendline,
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Then what do you see?
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The market
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is making a structure like-
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look, it gives a fake breakdown always
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And then gives a breakout like this.
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One you-
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you’ll see a phenomenon like inverted head and shoulder
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And then people can take entry over here
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We can enter here too.
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By placing the stoploss somewhere here
Stoploss didn't hit.
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Or of you wish a safe trade, swing trade,
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1 hour timeframe
It'll take a lot of time right?
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So after this retest, we can enter here.
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This is a risk entry,
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but we can do it.
And this is the perfect entry.
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A lot of time- if we didn't enter,
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then we won't get it, the stock will launch directly
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So a lot of people take risk entry and a lot of people take
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retest entry, depends on the type of trader you are.
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Come on
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I showed you an inverted head and shoulder type phenomenon on 1 hour timeframe.
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Now let’s go forward.
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When you go forward, what do you see again?
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Again I see-
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market took a support again and gave a fake breakdown again
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And then it directly broke out.
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It did, but then it retested,
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and then again you could have entered even-
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If you want you can do in this too,
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Your stoploss almost-
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little bit
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your target-
Look if you enter by this candle,
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then its obvious 2-3%
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It’s obvious that your target-
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A swing trader should do 5-6% target.
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2.5%-3% is a normal stoploss
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That's an obvious thing.
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If you want to achieve 5-10% then you have to put
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Then...
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It took a retest and went up.
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This would have been the best entry
But this is also normal entry,
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Ok
So we saw 2 cases
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It makes a V again and again
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case like Inverted head and shoulders,
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Let’s look here
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Again you can see
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Again this
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What is it doing in a bigger time frame?
Again
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It takes support
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And again gives a breakdown
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And again, not going that much low
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Took support
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And then it broke out
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Again
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You can see a pattern like this
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Break out happened
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Retest happened
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It was also making an ascending triangle pattern type here
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A lot of things piled up,
I will show you now
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Then this was an inverted head and shoulder
And again
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It made a small
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if I open the 15 minutes’ timeframe, then this is also an inverted head and shoulder
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If you have learned technical analysis correctly, then you will know.
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This again was a great entry
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So
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Anywhere
You can enter wherever you want
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If you want, you can enter here
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Can enter somewhere around this candle,
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Again you should give 3% of stoploss
let’s enter here
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So
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Yep
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Let's Enter somewhere here
this candle
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Which candle is this
12:15 it’s an obvious thing
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You should enter
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Just 1 minute
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I Am going to remove this blue line for a while.
What time is it?
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9:15's candle, right,
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Okay, it's 9:15's candle.
When did the day close?
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see
at 3:00 PM
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You should enter somewhere here on top
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here if you give a stop loss of 3%,
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around 2.5- 3%
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Then this is also saving your stop loss
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Otherwise
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Assume what happens at times guys?
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I am telling you a practical tip.
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Sometimes we come out of swing trade.
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No problem, you go back.
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In this movement, on this momentum
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you again got a huge momentum
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now this is the reason I traded this one
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Ok
I am telling you
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I trade it also
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Again you will see.
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Same phenomena
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again support
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Support
and fake break down.
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Which makes a head always?
And again you break out
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Again a wonderful trading opportunity over here
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And again you know how much it went up
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Now what?
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Let's come back to the present tense a bit
I gave you everything analysed
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What happens in small time frame and big time frame
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Now i will bring you here
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In present tense
Made a new high in TCS
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Luckily
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I should have booked profit here
But it's like this
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Leave it, I accepted it
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Because i accepted the loss of 10 lakhs in TCS
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That's why i am in a good mood again
so that i made
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much more profit
Withdraw a lot of money in this month
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So great month for me
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For crypto and normal stocks as well
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Its only because
I am not
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I have been unemotional for this
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Now what is happening
Let’s talk about this
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A morning star is made
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Leave morning star
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I want to study about this zone
About this zone,
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I want to study
Ok
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Now I’ll zoom in there
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Now see what is this
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That's what I wanted to tell you
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It’s an inverted head and shoulder once again
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Once again you see
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The market is taking a support
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And V
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And then again
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Now let me bring you to a much smaller timeframe
There you can see an ascending triangle pattern
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First of all, I'll remove this
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And show you in 15-minute time frame
again You will find
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an Ascending triangle or inverted head and shoulder like pattern
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Again you are getting to see it
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If you want, you can draw a trend line
Again
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If this gives a break out
I will try to upload this video Asap
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9th November, Tuesday
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I will upload it in working hrs.
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If tomorrow it breaks, then please
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Take an entry
A Risk entry
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Put a logical stop loss
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You'll have to put a minimum of 3%
If you fear of putting 3% stoploss
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Then you do one thing
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It will take retest, it's swing trade
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So when restarts after retest
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Then you should enter
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And maybe after saying all of this
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This trade won't work for you
Because it’s possible
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If you don't think it that way,
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Till then you can’t be a trader
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It’s very important for you
To understand this as well
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Humans will fail even after planning so much.
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So be ready
For a loss as well
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If you have dare
It's an obvious thing
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If you put 5 rupees in market,
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then only you can make 10 rupees from the market
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And if you think you want to give 0 rupees to the market,
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Then you will get 0 rupees and negative,
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empty
If you hold loser
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Most important thing
Ok
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So all the very best to you
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Please
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This
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The aim of this video was to create some awareness
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On how the stocks move
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It always breaks the inverted head and shoulder after taking support
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So I made the video for you
Ok
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Come on
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I hope you use this information on your own risk
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On your own analysis
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Also and make some money
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I always want my subscribers should make money
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And feel happy about them self
Ok
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alright guys
Thank you so much guys
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Bye
See you soon
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Alright so you saw
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How we did it analysis
We did a bit of data analysis as well
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A bit of sector analysis as well
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Saw RRG also
And last the secret is in price action
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We saw in price action that
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what happened before
History repeats itself in stock market
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In real world I don't know if it's like that,
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because of technology
But History repeats itself in
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stock market and that is the time
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when all people are scared and confused
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That's why
I did an in depth analysis for you
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Now look Risk management is like,
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Don't put the money that you cannot afford to lose
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Means by borrowing money
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I already told you that it’s not like it'll work for sure
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It is not a special trade
I think it is the first time I shared this kind of case study
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But it's normal
It's like this all the time
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And you also should do it this way
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So don't get too excited
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Just you also see what you can do, use your brain
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Put the position sizing
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which will calculate
3-2.5% Stoploss
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If it's ₹100 stop loss.
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And if I take a future lot, how much is my loss?
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5000, 50000, 25000
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if i take 3 future lots then 25-30
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Like this it would sit fit
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You should only take that much quantity of future lots
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If you are so afraid,
Then don't do
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Wait for retest
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If retest fails, then trade fails
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And if we achieve success in retest, then our probability of earning more money is high
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we will reach new high again
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Because overall should go someday to new highs
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The nature of Overalls in Nifty 50 stocks
Is bullish
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So those who are afraid, just wait
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Trade after retest
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And those who are sure that it's right,
position and all that is right,
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You know, we cannot be
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sad because of one loss
And we cannot
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start celebrating like Diwali
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Like I earned money because we can lose that money too.
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As a trader you need to understand
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Losses and profits, both are part of the system
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So you need to manage both
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And you need to stop losses in a level and
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Let the profit increase
[799]
You cut your losses as soon as possible
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and let your winners run
[802]
Use some technical indicators
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Like moving average
Who trail it
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And some technical levels to trail it
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But do something like that
Okay
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And if anyone is afraid
[812]
that we want to hedge also then what can you do definitely?
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You can simply
Just now the month started
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So no problem
[818]
You can buy puts along with future lots
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Buy which put?
You should to buy
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Out of the money
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Or you can buy At The Money puts
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But the money that goes to puts
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It’s like insurance,
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it'll be a waste if nothing bad happened
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You will make money but a bit less
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And if something bad happens, then these puts
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will hedge a bit and save you
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It won't let you to face much loss
So if someone want to do it
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You can go At The Money
Or Out of The Money
[842]
and buy puts
Of this expiry
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you can do it
Ok
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So guys I hope you enjoyed the video
[848]
If you like my effort
You should like the video
[849]
You can see the like button press that
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Pressing that button the algorithm will work
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And my rate of the video will increase
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And I will know you like this kind of video
Like in depth analysis
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And please let me know through the comments
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How you like this video
And what kinds of video you want me to make
[863]
And i was planning to go live
[865]
But if you guys say then I will
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I will say somethings about crypto
[868]
about Stock market
About Option etc.
[870]
Ok
So i hope enjoyed the video
[872]
Let me know through the comments
[873]
If you are not my subscribers
Then what are you waiting for
[875]
Just click on the subscribe button
[877]
And i am in good mood right now
[879]
All things are going good with time
[881]
I am telling you
With time things get better
[884]
So we won't know it first
It’s not like
[887]
Like eventually
[889]
It will give you the result at once
[891]
It’s like compounding
Yes, compounding is a correct thing
[893]
In trading also
Your knowledge
[895]
Your Skills
[896]
Will compound
[897]
So I hope you won't stop your compounding
[899]
Cut the negative experiences
And grow good experiences
[902]
And keep doing
[903]
I wish you all the very best
[904]
For your trading
This week and this trade
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Thank you so much guy
[908]
see you soon in some other video
[909]
Thank you
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