Example of Impulsive & Correction Moves
Updated
In this chart i have tried to explain how the market moves , and how the correction needs to be understood
Market always moves in Impulsive and then enters in correction , once the time correction ( Time required for correction) is over then another impulsive move will start and creating Correction after it , So the same repeats it self , the easy factor is every one will understand the impulsive move , but difficult factor is when the correction ends and indication of start of new move , In order to understand it you need to have time based correction move understandings , which will help to 50 % of your projections of end of correction , another 50 % of identifying is based on the structure , construction of structure in Correction move , how they form and where are they leading to , most of the time people try to take position during correction period thinking or anticipating the next impulsive move and end up losing when stop hits
So people take steps in reading the charts in dept and take education in Stock market technical analysis ,
The most important factor for any trader , retail, institutional , hedge funds , or domestic institutional , the charting software is very important without it nothing is possible to identify the next move , but for our faith in India , We do not have single broker having So many features like Trading view have ,
Trading view is giving lots of opportunity in order to learn form another authors , in order to use it to a very extensive ways , in order to check your projections , so lets support them what they are doing
Regards
Market always moves in Impulsive and then enters in correction , once the time correction ( Time required for correction) is over then another impulsive move will start and creating Correction after it , So the same repeats it self , the easy factor is every one will understand the impulsive move , but difficult factor is when the correction ends and indication of start of new move , In order to understand it you need to have time based correction move understandings , which will help to 50 % of your projections of end of correction , another 50 % of identifying is based on the structure , construction of structure in Correction move , how they form and where are they leading to , most of the time people try to take position during correction period thinking or anticipating the next impulsive move and end up losing when stop hits
So people take steps in reading the charts in dept and take education in Stock market technical analysis ,
The most important factor for any trader , retail, institutional , hedge funds , or domestic institutional , the charting software is very important without it nothing is possible to identify the next move , but for our faith in India , We do not have single broker having So many features like Trading view have ,
Trading view is giving lots of opportunity in order to learn form another authors , in order to use it to a very extensive ways , in order to check your projections , so lets support them what they are doing
Regards
Comment
hotpot64 Amezingly i have started learning since few days in trading view form One of top author called vanathi , she started new theory which she is calling as" Vanathi waves ", lets support her and learn form her , i have heard of R.N. Elliott Wave Theory , i have heard of Wolfe Wave theory , and i am very much aware of time based waves ( which is one of hypothesis) , I am not good as good as Vanathi as she is been teaching to trading view community traders and new traders , so let us learn form her in order to understand more on her Wave theory , You can follow her for more insights , and take what you can learn , I am not good in day trading , but i am a badly seeker of bottom for buy and top for sell , which is very risky , so you can learn from her about more of Latest Vanati waves theory ,
I also ask everyone to support her , because we as Indian we are having a unique capacity to learn or imitate from one to another and in that process we tend to learn more than any one
Because we are good in learning ,
So i request not only to you to everyone support her and lets hope for new theory to arise form India in Technical stock trading
Regards
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