Hello everyone My name is d3ffyduck
I am today gonna post some cool and new tips For the beginners in Daytrading.
I am gonna divide things in Chapters so you'll learn it with ease
Read it till the end Hope You learn something
Chapter-1 Timeframe selection
The choice of the best timeframe for chart analysis in day trading can vary depending on a trader's...
NSE:CNXFINANCE
Hello Traders,
In this video, I have explained a Breakout trading setup that will generate only high-probability breakout trades, that have high success rate than another breakout.
The setup is based on a pure price action structure and does not require any indicators just we are using volume as a confirmation tool.
Why does this setup work? ...
The business cycle describes how the economy expands and contracts over time. It is an upward and downward movement of the gross domestic product along with its long-term growth rate.
The business cycle consists of 6 phases/stages :
1. Expansion
2. Peak
3. Recession
4. Depression
5. Trough
6. Recovery
1) Expansion :
Sectors Affected: Technology, Consumer...
Preface
Alright, the operation started after creating an extreme low at 120.20. Price has created an upward channel from the extreme low, where the equilibrium has occurred between bull and bear traders. Control line has given eleven touches, which shows the strong gravitation at the middle.
Here, we can see four reversals on the upper band, and three reversal...
Why this Trade..??
1.Head & Shoulders Pattern(Depth is still Pending)
2.Market Sentiment
3.Trading in a Falling Path
4.Next Support 16690 is yet to reach
Buy or Sell based on the Support Break with Volume
This Analysis works for sure!!!
Disclaimer:This view is purely for educational purpose and it's my personal.Please consult your financial advisor before...
Yes it is possible.
We have been taught many things but not the basics so that the 5% of the whole trading community remains profitable.
The key to producing trading income in the stock markets is having a strategy that anticipates market turns and market moves with a very high degree of accuracy. To do this, you must be able to identify where banks and...
As we can see brent crude in corrective phase in monthly time frame and again near to breakout levels if it breaks then we can see big rally in this counter
CMP- 2127.85,Looking good for Monthly Holding
Flag and Pole Pattern is seen
Strong wick Rejection is Also there
#Disclaimer:-I just shared my view for only educational purpose.
Thanks
LEARNING IS A PROCESS JUST WE ALL HAVE GONE THROUGH OUR SCHOOL DAYS. THANKS TO THE PARENTS WHO GIVE THEIR STUDENTS A TUTOR TO GUIDE.
ELSE IF WE ALL HAD NOT TAKEN HELP FROM THE TUTOR . I DOUBT WE HAD LEARNT ANYTHING. TUTOR IN THE SENSE CAN BE SCHOOL TEACHERS, PRIVATE TUTION
TEACHERS, OUR OWN PARENTS TOO. HENCE WE NEED AN ADVISORY HELP JUST LIKE A TUTOR TO HELP US...
I've explained how can can use Fibonacci levels in trading using example of NSE:TATA STEEL
. Firstly know your trading perspective, and choose your chart time frames accordingly
. Now use higher time frame chart and draw FIBONACCI RETRACEMENT TOOL from bottom to top(in Uptrend)
and top to bottom (in downtrend) for current trend.
. Mark the levels using...
Are there any hidden or magical theories to win every trade?
Every person has his hidden technique to trade and that technique he will never reveal! Hehehe, I am asking you that which magical formula you have? Unfortunately, there is no hidden technique to become consistently profitable in every trade. If you had that magical trading technique you never surf on...
