Intraday Trading Using Time Cycle on 15 and 5 minutes chartOct 19, 2023
Time Cycles is a powerful Technical analysis study that can give a very clear reversal areas to traders.
Ever happened that even after knowing the trend it is difficult to make money because the timing was off by just an hour? Here is the solution to the problem. Time the trade precisely to the very minute.
Now look at the below charts of Nifty on a 15 minutes and 5 minutes time frame. Also keep in mind both the charts shows a synchronized time behavior.
Nifty 15 minutes Chart (43 period Time cycle)
Time is the essence for trading successfully. By using Time cycles trader can even derive targets for price using the concept of Future Line of Demarcation (FLD)
Future Line of Demarcation (FLD) - is an important Technical analysis tool that helps us to project price targets, support and resistance points and to understand the underlying trend.
Whenever prices have crossed above the black line we get the target on upside with prices moving equal amount up from the intersection point.
Nifty 15 minutes chart shows the target being achieved on most of the occasions whenever prices intersected the FLD lines.
Nifty 5 minutes Time cycle – For intraday Traders especially Options one can catch reversals even on 5 minutes time frame. The vertical lines are time cycle reversal zones and we can see that even the latest move on upside after spike down has been on this 5 minutes Time cycle.
Use simple price action methods along with Time cycle to derive not only time reversal areas but also targets.
Combine the above method with Gann square of 9 to find out the important levels where Nifty might find support in near term. It is amazing to see how these advanced methods get aligned together.
Master of Cycles (MOC) – is scheduled on 28th & 29th October 2023, where we will discuss clear trade setups using Hurst’s Time cycles, Gann square of 9 and derive trades on Options forming strategies. Limited seats, For more details visit here
3 Months Mentorship on Timing the Markets - Learn to time the market and trade with me for the period of 3 Months including Live trading, stock selection, Momentum, and Multibagger stock identification, Timing the entry to the very Day, Hour, and Minute using Time cycles and Elliott Wave analysis. Get access to MOC as soon as you register for Mentorship, Contact +919920422202 for more details. Here is the path to become a successful trader
“Timing the Markets using Cycles and CandleSticks Excellent WAVES of- mind management explained, patience, science, time cycle & predictability, destiny of market, momentum methods, mentorship, risk management” – By Pankaj N Tardeja
“Amazed by the time cycles how they exactly coincide with the important political and financial events. Awestruck when realizing that we can even predict when would be the next event that drives major changes in the stock market. More importantly, you have made it so simple to understand this complicated topic. Thank you!” – By Sreedhar Yeleswarapu