Conclusion. Trade is a primary economic concept which involves buying and selling of commodities and services, along with a compensation paid by a buyer to a seller. In another case, trading can be an exchange of commodities/services between parties.
How To Become a Professional Trader :
Learn the trading basics. ...
Learn the advanced basics. ...
Develop...
Breakout from ASCENDING TRIANGLE & A CHANNEL . Shake out candle followed by volume buildup seen .Closes above shake out candle open . Can give pattern based return of 29~30% . NOT A RECOMENDATION , ONLY FOR EDUCATION PURPOSE.
👋 Hello Trading community and my friends so today i came here with an educational post hope you like my work mates, In technical analysis quite often we hear about Double bottom and Double top patterns so today i am sharing that in very simple and easy to understand way. Although a lot can be understood from the idea's image alone but for those who are new to...
A 50-day moving average (50 DMA) is a technical indicator that shows the average closing price of a security over the last 50 days. It's a popular indicator because it's realistic and effective at showing historical price movement trends.
Concept of 50 Moving Average
1. Entry
- Candle crossover 50 MA: This refers to a situation where the closing price of a...
HEIKEN ASHI Strategy:
1.INTRODUCTION (WHY HEIKEN ASHI CANDESTICKS)
Often trading on the trend gets difficult due to price action that makes trader exit trades early. (USELESS NOISE FORMED BY TRADITIONAL CANDLES)
This mainly happens due to impact of one single candle or bar on Trader’s ability to hold positions.
Through Heiken Ashi Candles , this problem is...
The probability of a breakout getting failed is much higher than it's success rate.(A STOCK AT REST TRIES TO BE AT REST AND THE ONE IN MOTION TRIES TO BE IN MOTION like NEWTON's First Law Of Motion)
But breakout trades are the most rewarding trades in stock market.
So...if there was a method to find out a high probable successful breakout then it would have been a...
I have been following the simple technique of Daily EMA Crossover for my long & short trades-especially for Trading NIFTY& BANK NIFTY
-Choose 15 Min Timeline
-Plot 4EMA viz 10/20/50/100
-Initiate long Trade when 10DEMA decisively crosses above all other DEMA Viz 20/50/100-which is known as Golden cross over
-Similarly initiate short trades while the 10DEMA cuts...
#StopLoss : The Safety Net You Need
Ever danced with volatility?
Without a stop loss, it's like tightrope walking without a net.
Here's why it's a MUST:
✅ Protect Your Fund: Keep that hard-earned Money safe
✅ Sleep Tight: Close your eyes without the market nightmares
✅ Plan Your Exit: Know when to bow out gracefully.
Remember, it's not just about making...
Tata motors has shown a superb bullish rally but this seems a formation of shooting star
stay cautious in bullish trade study and think and then trade carefully
Opening: The nifty futures opened almost flat (GAP is the adjustment) and formed a BIG bull bar as the 1st bar indicating a bullish strength which was confirmed as bears weren't able to pullback to the MA even after 20 bars
Mid day and closing: The market behaved like a typical bull trend day closing near it's high
PROFITABLE TRADES:
One good trade which i...
1.Opening Range:The market opened flat with first few candles indicating that today might have two sided trading and the market was two sided in a trading range as the opening range suggested
2.Mid Day and Closing:The market consolidated and gave a closing at around the top of the range which is a typical monthly expiry day...
Patterns which were tradable:
Only...
1.Opening Range:The market opened flat with first few candles indicating that today might have two sided trading and then after forming a DOUBLE TOP BEAR FLAG as indicated in the below posts of 5 min NIFTY FUTURES chart it broke the opening range and this started a meltdown
2.Mid Day and Closing:The market gave a strong breakout around opening hours and the...
Are you ready to delve into the captivating world of intraday trading? On February 27, 2024, the NIFTY 50 index showcased some fascinating patterns that kept traders on the edge of their seats. Here's a quick rundown:
1. Opening Range: The market opened flat with first few candles indicating that today might have 2 sided trading...
2. Mid Day and Closing: The...
Hi Everyone! I hope you all are fine.
Today I have brought an interesting Price Action case study of Coal India.
Although the chart is self-explanatory, I will mention some key points.
1 . Always watch Support and Resistance—the basics of Price Action.
2. If the price goes too far away from the moving average(in either direction), be cautious, as sooner it will...
1. Supply & Demand Zones.
2. Support & Resistance.
3. Bullish & Bearish Order Blocks.
as shown on main chart.
Like other technical knowledge, This also are not a holy grail. It can only assist you in building a good strategy. You can only succeed with proper position sizing, risk management and following correct trading Psychology (No overtrade, No greed, No...
