It is very important to control your emotions during trading, human emotions are a big hurdle in trading, you can not maintain discipline if you can not having control on your emotions. Without discipline you can make money in market but you can't retain it.
Here is 5 things you can adopt to improve your trading skill and control emotions.
SET ALERTS :
we use to...
NSE:VOLTAS
Double bottom is always a perfect pattern for LONG ENTRY.
But I prefer to add some more factors which increases my probability to achieve the target.
In this analysis tutorial, we will learn that.
* After falling wedge pattern breakdown Stock momentum is exhaust near a good Support.
- Never Entered in ONE SIDED BREAKDOWN or BREAKOUT. Wait for...
What is double bottom pattern?
A double bottom pattern is a technical analysis charting pattern that describes a change in trend and a momentum reversal from prior leading price action. It describes the drop of a stock or index, a rebound, another drop to the same or similar level as the original drop, and finally another rebound.
How do you trade double...
Through series of educational posts we have got an elaborate knowledge of candlestick pattern which include both
reversal and continuation patterns and this post is somewhat different from candlestick it's all about moving average crossovers.
General concept of crossover is that a fast moving average surpasses slow one in any directional trend and could help you...
This is hourly timeframe.
This is how I analyze the consolidation only technically.
From fibo. recent top to bottom, Nifty is taking resistance 0.38 fibonacci level.
Let's pointout the short trend and understand each.
1] Nifty started consolidating 6th May 2022.
It started falling, gone sideways for sometime and gave bounce back.
2] And it tested the 16400...
What is the Shooting Star candlestick pattern?
A shooting star candlestick pattern is a chart formation that occurs when an asset’s market price is pushed up quite significantly, but then rejected and closed near the open price. This creates a long upper wick, a small lower wick and a small body.
The upper wick must take up at least half of the length of the...
In previous idea of continuation pattern, which comprise explanation of some continuation patterns like triangles, flags and pennants it
was stated that in next post I'll be back with patterns such as head & shoulder , double top and bottoms and we're back.
As we have discussed in the previous section, that market can be either in trending phase or in a...
Even so much popular patterns such as “FLAG N POLE” are not guaranteed, can fail sometimes. So here position sizing and risk management come into play. One should always follow risk management rules no matter what.
5 Years #Multiyear #Breakout in #ITC (ITC Ltd).
ONLY FOR #educational
NOT SEBI REGISTERED. #LEARNEARN (DONT TRUST ANYONE)
Note : - Invested in #ITC
#nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #kukiinvest #Chartanalysis
Double top and bottom patterns are chart patterns that occur when the underlying investment moves in a similar pattern to the letter "W" (double bottom) or "M" (double top). Double top and bottom analysis is used in technical analysis to explain movements in a security or other investment, and can be used as part of a trading strategy to exploit recurring patterns.
Be Cautious Head and Shoulders pattern (trend reversal) at #BERGEPAINT (Berger Paints India Ltd) weekly chart.
The head and shoulders pattern is believed to be one of the most reliable trend reversal patterns. It is one of several top patterns that signal, with varying degrees of accuracy, that an upward trend is nearing its end.
ONLY FOR #educational
NOT SEBI...
Namaskar! My name is Michael, today I want to share with you price analysis method which was indentified and first described by high level trader from Russia D.B. Krasnov.
This method is used to predict price target zone. If you spend enough time training to indentify Spinning point on chart, you will be able to find quite a lot of them and it will help you to...
Be Cautious Double Top Pattern (trend reversal ) at #PERSISTENT weekly chart.
A double top is an extremely bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs. It is confirmed once the asset's price falls below a support level equal to the low between the two prior...
Market can be either in trending phase or in a range-bound phase. No trend generally lasts forever in the market.
After prolonged or medium or shorter duration up and downtrend, the market often reverses and a move starts in the opposite direction of the prior move.
Often we find that well defined geometrical patterns are formed in the chart which provides good...
Be Cautious Head and Shoulders pattern (trend reversal) at #NEOGEN (Neogen Chemicals Ltd) weekly chart.
The head and shoulders pattern is believed to be one of the most reliable trend reversal patterns. It is one of several top patterns that signal, with varying degrees of accuracy, that an upward trend is nearing its end.
ONLY FOR #educational
NOT SEBI...
Be Cautious Double #Rectangle #channel #breakdown (trend reversal ) at #AxisBank weekly chart.
#Rectangle #channel
This pattern is formed when there is a tough competition between the bulls and the bears, no body is ready to give up resulting in equal highs and equal lows. That is why this pattern is also known as consolidation zones.
Breakout: It can occur in...
Be Cautious Head and Shoulders pattern (trend reversal) at Nifty Smallcap 100 Index weekly chart.
The head and shoulders pattern is believed to be one of the most reliable trend reversal patterns. It is one of several top patterns that signal, with varying degrees of accuracy, that an upward trend is nearing its end.
ONLY FOR #educational
NOT SEBI REGISTERED....
