If you understand it You are the Winner
Updated
Now one of the Most Important factor everyone wants to know how to identify the turn around
and simple answer is comparison between two impulse movement with Momentum indicator deviation
Here you can visually look the 1st impulse down leg end at 31 aug 2018 and second i am forecasting as today 13 June 2019 ( it can change also as this is an Example)
in both impulse down ward move the Momentum indicator which basically shows the strength of Movement have divergence
Divergence is nothing but derivative information of price movement on varied periods the occurrence of divergence is one of the sign we must consider before taking an decision of scrip next move but not the final decision based only on divergence , because these divergence and Convergence can occur over a period of time before the actual turn around takes place ,
The second thing you really want to see what is the shape of the pattern , the shape usually represents the how the price have moved so far
You have to understand these pattern repeat them self ,( One of the theory in Stock market ) so when you identify these pattern you can identify how they will behave in next move due to their consistent behavior of repeating them self you can make note form your previous experience how the individual patterns behave when they complete or end at the time of termination ( Turn around ) and you can look for candle stick pattern for entry and make sure your exit is based on the same method what made you to enter
Most people get caught because there is support or resistance , in reality its not what Majority traders fail to understand is Major order flow direction , which way the price is moving and how its moving
Third and Last : You must protect your investments weather its in cash or Futures , You must protect it by placing stops or having an understanding how to protect in cast you are wrong
I would suggest one thing here , When you buy or sell the very purpose of the buy or sell is based on the candlestick pattern you are entering , if that is violated you should be looking for exit , because your purpose is violated and the trade can no longer be possible when you have method of entry and exit ( Usually tested by yourself )
Regarding scrip this one is likely to make turn around near 86 , it can come down also there is not issues for it but this price range is apparently very interesting price for buying this scrip , so make sure you invest in cash and hold it for an year which will likely to double your investment
Good luck
and simple answer is comparison between two impulse movement with Momentum indicator deviation
Here you can visually look the 1st impulse down leg end at 31 aug 2018 and second i am forecasting as today 13 June 2019 ( it can change also as this is an Example)
in both impulse down ward move the Momentum indicator which basically shows the strength of Movement have divergence
Divergence is nothing but derivative information of price movement on varied periods the occurrence of divergence is one of the sign we must consider before taking an decision of scrip next move but not the final decision based only on divergence , because these divergence and Convergence can occur over a period of time before the actual turn around takes place ,
The second thing you really want to see what is the shape of the pattern , the shape usually represents the how the price have moved so far
You have to understand these pattern repeat them self ,( One of the theory in Stock market ) so when you identify these pattern you can identify how they will behave in next move due to their consistent behavior of repeating them self you can make note form your previous experience how the individual patterns behave when they complete or end at the time of termination ( Turn around ) and you can look for candle stick pattern for entry and make sure your exit is based on the same method what made you to enter
Most people get caught because there is support or resistance , in reality its not what Majority traders fail to understand is Major order flow direction , which way the price is moving and how its moving
Third and Last : You must protect your investments weather its in cash or Futures , You must protect it by placing stops or having an understanding how to protect in cast you are wrong
I would suggest one thing here , When you buy or sell the very purpose of the buy or sell is based on the candlestick pattern you are entering , if that is violated you should be looking for exit , because your purpose is violated and the trade can no longer be possible when you have method of entry and exit ( Usually tested by yourself )
Regarding scrip this one is likely to make turn around near 86 , it can come down also there is not issues for it but this price range is apparently very interesting price for buying this scrip , so make sure you invest in cash and hold it for an year which will likely to double your investment
Good luck
Trade active
i told you we make money like no one in stock market , we really have grate edge of idenfitying the system which works 95 % of the time and 5 % time dont work
one thing is common i have noticed , 99 % of retail lose the money because they belive which do not an conclusive method of identifying the trend and trades
Good luck
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