Hi Traders, This video link given below in box explains between trend & actual trend , pull back And retracement in stock market. This will help you to understand the structure of price behaviour in different manner.
Counter trend direction appears to be wrong. Please clarify
Candle_Burn
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@kandaswamyp, please explain in detail why it is wrong?
kandaswamyp
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@Candle_Burn, In the pictorial presentation of Main trend & Counter trend, the first leg of the counter trend instead of dropping down vertically or dropping down into positive time line, it extends into negative time line. Not a major deviation. But for the starters, it was confusing a little.
yvatsji
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@kandaswamyp, that is because of 15 min chart in fact marking has been done on 5 min time frame . As trading view does not support the 5 min time frame charts to be published that is why I had to post in 15 min. Which does not suit marking.
kandaswamyp
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@yvatsji, Your presentation is very good, should help many aspiring traders. Everyone to go through from start to end of your videos & understand thoroughly for reaping harvest in the trades. Good Work !!!
yvatsji
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@kandaswamyp, Thanks for writing and understanding proper words to watch each and every video , gaining from this market.