Hello TradingView Community!
I'm excited to share some valuable insights on trading pitfalls and how to navigate them effectively. Trading in financial markets can be a challenging journey, but understanding common pitfalls and methods to avoid them can significantly enhance your success. Here are 10 pitfalls traders often encounter and actionable strategies to...
I have discussed in previous post about what exactly falling knife stock is with a case study.
The next question would be how would an investor know that stock is a part of falling knife category?
To identify such stocks, I feel you should know about 2 concepts/indicators which are Moving averages and Fibonacci retracement. I will try to make you understand these...
Date - 13th March 2024
Time - 10:05 AM
After seeing today's move of gap up opening and then filled the gap again.
FIXED RANGE VOLUME PROFILE
1. This Volume indicator is more useful than ordinary horizontal and time base volume indicator.
2. Its Flexible to use and you can put wherever you want to identify at that particular time who are the dominators...
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...
Cup and Handle pattern on weekly chart has formed and Breakout with high volume has occurred above the neckline. This stock has the potential to double in no time.
In technical analysis, a breakout refers to a substantial price movement of a financial instrument, such as a stock or commodity, surpassing a specific level of support or resistance. This occurrence is of paramount importance, as it frequently signifies the initiation of a new trend, offering traders and investors valuable insights for informed...
"Rahul's Redemption: Overcoming the Pitfalls of Overtrading"
Once upon a time, in the bustling city of Mumbai, there lived a man named Rahul. Passionate about trading, Rahul was determined to make a fortune in the stock market. However, as the saying goes, "Too much of a good thing can be bad," Rahul found himself entangled in the web of overtrading.
Rahul's...
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...
Mastering Demand Zones: Advanced Techniques in Stock Market Analysis
Introduction to Demand Zones:
In the realm of technical analysis, demand zones play a crucial role in assessing price movement and making informed trading decisions. A demand zone, also known as a support zone, is a price range on a chart where a particular asset, such as a stock, has...
Hello Friends,
Here we had shared Educational purpose post to understand & to master the Symmetrical Triangle chart pattern with real example on chart of the stock MARUTI.
Symmetrical Triangle Chart Pattern
A symmetrical triangle is a common chart pattern used by traders and investors to predict where the price of a stock or asset might go next.
What It...
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? ...
Hello Friends,
Here we had shared some major points and characteristics of Zigzag Correction pattern of Elliott waves.
Also we had shared real example chart study of zigzag pattern as a case study of NaturalGas, in which their are some principles and guidelines, which are perfectly going through in chart of NaturalGas.
Principles and Guidelines of Zigzag...
Pattern Identification on any Timeframe!
Importance of the Factor of Safety in Projected Target To avoid the Losses!
How to identify Patterns and Project the Target on the chart!
I have selected NVDA weekly chart for Technical Analysis. Here the Head and Shoulder pattern formed on the Top. We can see the previous trend of NVDA was an Uptrend so the...
MCX:GOLD1!
In past, we have discussed how to know the quality of a trend and how to know a chart pattern's extrinsic nature according to the market phase.
If you haven't read that then I want you to read that before to have a better understanding of this idea.
Let's get started!!
How to determine the trend or consolidation through the wave cycles and degrees.
...
support and resistance they play a truly crucial role in trading
If you want to trade like a pro, there's something you should know:
Support and resistance, they're the stars of the show!
this can be understood from the below:-
Support is like a floor, it holds prices up high,
Resistance is a ceiling, prices can't seem to fly.
When prices hit support, they tend...
Trader should identify emotions that are affecting our trading management decisions, and find genuine solution to over come from the same to become a better trader.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business. If you treat like a...
Probably all of you have might have heard of 'states' of 'matter', let me remind you once again "state of matter is one of the distinct forms in which matter can exist" but why am I talking about this stuff it's because the Market also has 'states' of 'market' you can define them in the same way " state of the market is one of the distinct forms in which market...
