today we'll discuss about market structure and accumulation range bound market
the price started a bearish trend by making lower highs
then the price sustained to go any lower
the market then came in range bound structure
and with breakout we saw huge volumes
now for the future analysis-
=== the strength of impulse waves is declining so we might see some...
The Third Video on Education series - Engage - The Trade Setup
The Reversal Pattern that I have discuss is the Outside reversal setup, which is a pattern that can spotlight some of the best reversal opportunities in the market.
studied from Book Secrets of a Pivot Boss: Revealing Proven Methods for Profiting in the Market
www.amazon.in
Happy learning.
(...
Iron Fly is a non directional strategy that works very well in a sideways market. I was of the view that the market would be sideways for the reasons mentioned in the video. This worked very well for the weekly expiry and it is used very often in confusing markets such as this.
This was one of my first attempts at vocally explaining strategies so I may not have...
* I am always trying to avoid trend lines when Open a chart.
* You can find Support and Resistance with help of trend line but if want to initiate a trade trend lines are less reliable as compared to Horizontal Boundary.
# Thats why i always preferred Horizontal Boundary lines when initiate my trade.
Kindly let me know if you have any questions.
The trend line is a straight line that connects the minimum two price points to show the general direction in which price points seem to be going.
Traditionally, the trend is used to find the next future price resulting in, it gives the trader a good idea of the direction, in which an investment's value might move. We basically use the trend line for entry...
