Scalping
Scalping is a very rapid trading style. Scalpers often make trades within just a few seconds of each other, and often in opposite directions (i.e., they are long one minute, but short the next).
Scalping is best suited to active traders that can make immediate decisions and act on those decisions without hesitation. Impatient people often make the best...
Hello in this 15minutes chart of ICICI bank one can see the down and the up arrow marked in the chart.
The area with blue dots and a pink dotted line in between is known as CPR(central pivot range).
It is generally assumed that whenever you get a narrow CPR in day trading it is a trending day for the particular stocks.
Look at the price action at the very start...
EUR CHF - Daily. We feel the pair has broken out of Downtrend as lower highs has been broken. However, still it cant be said that the pair is in uptrend. Prices are reversing from the resistance zone. Will have to wait till the breakout above Resistance Zone for saying that the pair is in uptrend.