here we have discussed what are the important things that you will need to become a successful trader.
1. Techinical Analysis Skill: Understanding the chart behaviour;
Price
Volume
Support and resistance
Trendlines
2. Risk Capability
How much money you can afford to lose on a single order, and on a single day.
3. Peace of Mind
Are you having...
Hello Everyone,
Welcome to you all, this is an educational post in which you will learn how to trade with our neowave trading chart. For better understanding also watch the video which will be available soon.
See the below image
## This is how a Neowave structure looks in which a stock price goes up and down.
##These no 12345, I called them motive waves...
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? ...
A Very simple way to identify the foot prints of Big banks / Institutions / Big players in trading.
Why to follow the big banks ?
Because they are the market leaders who decide the direction of a market, and also they never loose their position most of the
time.
So who will be successful ? following big players or the one who follow retailers?
So hope you can...
NSE:TATAMOTORS
we can see that Tata Motors is trading in a channel which can be seen in the Pitchfork
breakout on either side with volumes can bring a good move in that side.
We must observe the Price action too at that point.
as seen in the picture Tata motors is aslo at a strong support of 300.
This is only for educational Porpose
An ascending triangle is a chart pattern used in technical analysis. It is created by price moves that allow for a horizontal line to be drawn along the swing highs, and a rising trendline to be drawn along the swing lows. The two lines form a triangle. Traders often watch for breakouts from triangle patterns. The breakout can occur to the upside or downside....
Hammers have a small real body and a long lower shadow.
Hammers occur after a price decline.
The hammer candlestick shows sellers came into the market during the period but by the close the selling had been absorbed and buyers had pushed the price back to near the open.
The close can be above or below the open, although the close should be near the open in...
The three inside up pattern is a bullish reversal pattern composed of a large down candle, a smaller up candle contained within the
prior candle, and then another up candle that closes above the close of the second candle.
These patterns are short-term in nature, and may not always result in a significant or even minor trend change.
Consider using these...
This pattern provides a good success rate. Entire trade strategy is explained in the chart with markings of levels.
Note: This is the trade we have taken in past, and not a recommendation of future trades. This is just for knowledge sharing on technical analysis and chart patterns.
We are sharing the previous trades as Learn and Earn initiative for free...
#3
I leave this chart for educational purpose because I really didn't enter here but i definitely traded it in my demo acc.
Confluence 1: Formation of a perfect head and shoulder.
Confluence 2:Breakdown.
confluence 3: Retest with a decent bearish candle.
Stay humble.
Stay blessed.
Work hard.
Hi every one
Hope u all are doing good...
With Friday done and weekend ahead
just thought of posting a thought...
which you can read before you go to bed...
& if it makes sense do let me know what you guys thought of the thought...
:-)
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So Is trading all about buying and...
Greetings of the day...!!!
Sharing one case where we almost paid the penalty of not listening to chart...
Some days earlier we recommended a short in idea around 78 for targets of 76 and 74
Things were going good and our 1st target was achieved within hours....
Booking partial profits when target 1 was achieved was good but there after... There were some...
