Be it RSI, MACD or any oscillator this is how you need to identify the Pattern with its strength What you see above is Bullish Divergence ... With this understand how a bearish divergence will be. Train Your eyes... then train you mind..
Hey everyone! 👋 Last week, we took a look at a hypothetical scenario, where a rich acquaintance of yours needed help deciding between two traders he's thinking about staking. This led to the question: "Who would you stake?". This post will continue right where that one left off. - After getting the contact info, you reach out to interview the two...
Hey everyone! 👋 In the next few posts, we'll be looking at the key elements involved in building a solid trading plan, but today, to introduce the concepts in a fun way, we will be looking at a completely hypothetical situation. - Let’s say that you’re walking down the street, and a stranger approaches you with a business proposal; he’s recently sold his...
Volume Pattern can be Helpful for reversal. These big volume red candle sometime mislead and need to onserve carefully and patience before any entry.
How to Find Pattern Targets correctly. Many people miss the basic points while calculating target from patterns as per text books. I have explained how to calculate targets and how i do it for myself.
Hey everyone! In this post, we are going to talk about a candlestick pattern known as Marubozu, along with a few exhibits that may help you solidify your understanding of this pattern. Please remember this is an educational post to help all of our members better understand concepts used in trading or investing. This in no way promotes a particular style of...
A few pointers on why Stop Loss is a necessity for those who trade.
This publication is dedicated to thanking one of the greatest and strict teacher the ‘Stock Market’. The lessons of the market not only help one to succeed in the stock market but also helps throughout life. This 5th September i.e. Teacher’s day let’s have a detailed look at 5 Great Learnings of Stock Market and thank her for these life-awakening learnings. ->...
Hey everyone! 👋 In this post, we will be taking a look at some of the most important guidelines we have on our platform when it comes to publishing. By following these pointers, you can be sure that the stage is set for you to post the most creative, alpha-generating trade ideas! Who knows, we may even select your idea for the front page 👀. In addition,...
Good Morning. In the SERIES OF TUTORIALS, Learn with a sharp eye the formations such as Triangles, also Called Ending Diagonal . 1. The slope of the Triangle is downward facing and is Usually formed when the Market is about to take off to the upside. This usually happens when wave 3 UP is about to take place and Usually opens with a GAPUP. Price MUST breakout...
"Volume and Price" Trend Relationship📈 Price Up and Volume Up ✅ The volume trend has supported the uptrend movement. Therefore, we can look for buying opportunities. Price Up and Volume Down ✅ The volume trend has not been supported the uptrend movement. Therefore, we can exit our long position Price Down and Volume Up ✅ The volume trend has...
Hi all 👋 We all know about three types of trading styles -- investment, swing trading and day trading. Yet most traders remain confused when it comes to trading timeframes. Through this post I just want to eliminate this confusion once and for all. Let us understand some basics.... ✅ Anchor Chart This is the chart used to determine the trend of the market....
Most traders and investors treat trading as a hobby, because, they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Anyone who wants to become a profitable stock trader need only spend a few minutes online to find such phrases...
Bitcoin Drops Subsequent To Powell’s Inflation Remarks ✅ In the previous day, the price of Bitcoin fell by 6.3%. The majority of cryptocurrencies also lost value after Powell’s remarks. Bitcoin and other cryptocurrencies fell on Friday as traders reacted to hawkish remarks made by Federal Reserve Chairman Jerome Powell during a major address...
Hey everyone! In this post, we are going to talk about different types of charts that are used in technical analysis. Please remember this is an educational post to help all of our members better understand concepts used in trading or investing. This in no way promotes a particular style of trading! Charts are used to illustrate change in prices over...
Diamond Chart Pattern in Classic Technical Analysis is associated with Trend Reversal. However, in Elliot Wave it may act as a Trend Continuation pattern. In this case the pattern mostly occurs in wave B. Since this is a very powerful pattern which occurs rarely, should not be missed as gives a very fast move. The pattern occurred in Adani Enterprises Hourly...
Hello Everyone, Before Starting we will Know about the Strategies of working at 50 and 200 Ma with an Indicator well known to you 🤜 So Lets Start Strategy of 50 and 200-day Ma's WIth the Indicator Stochastics In the strategies, we would take a simple moving average of 50 and 200 days and take Indicator Stochastics, Now whenever you see a Crossover of 50 and...
3 Parameter Strategy is a very powerful strategy based on 3 indicators. This strategy works best with Daily Candlestick Charts It can be traded with different styles of entry and exit. Instruments Futures Cash Indicatos Used: Bollinger Band MACD RSI