Hello community
Here I will be talking about the process for picking up the stocks based upon the All Time High (ATH)/52 Week BO Stock and RSI . As this is known to everyone but only few are getting benefited by applying it in real trading. The stock represents strength if it breaks its ATH Level and comes from Weekly BO Base. Most of the gains are made with the...
20 trades posted for you guys
4 of them got SL❌ hit without reaching TP 1✅.
That's not the end of my trading 😅 ,no one is 100% accurate in any field.
80% win rate is satisfied for me to be a profitable trader as we can see some of them never touched SL and still keeps growing which is also a very good thing about this journey.
Always trust your plans 👍 ,
...
1 trade buy : I was looking for an order block on the 1 hour timeframe, I found a buy position, I waited for choch or bos to do it, then I entered the trade, it happened as expected, then I waited for an order block in the demand itself on the 1 minute timeframe as seen in the picture.
2 trade sell: In basically the same principle, I found an order block on a...
HOW TO PERFORM TOP-DOWN ANALYSIS
HTF Analysis. Buid the Long-Term Picture.
LTF Analysis. Build a case for an Entry.
EVERY TIMEFRAME HAS A TASK TO HELP YOU BUILD A STORY.
Hello Traders and Investors
My Name is Manish Singh and i am an expert in Neowave. In this chart i have describe the coding method to read my charts.
In Neowave Charts Degree labels used as intermediate, primary and cycle degree which is hard to understand by new user. Actually they understand 1 to 5 labels but they dont get the quiet idea in one look in which...
FOR EDUCATIONAL PURPOSE ONLY!
This is a daily chart of Dow . It has taken a support exactly at its daily support trendline (blue). From last several months, Dow has been trading in a range on weekly charts which can be seen in pink lines. On weekly charts Dow has made a flag and pole pattern and either it takes support at this level or may give break down. If...
To identify any divergence, first of all look at the current structure that the price is forming like the above case, Price is consolidating at the same place and when we look at RSI it is forming up Higher highs and Higher lows.
Therefore RSI contradicts the price and this tells us that RSI doesn't support what the price is doing & is not inline with the price,...
This method of trading has been pioneered by Stan Weinstein in his book "Secrets for profiting in bull and bear markets"
NSE:BSE
for entry and sl : s3.tradingview.com
for exit , trail the trending HH-HL structure on hourly or daily timeframe
NSE:BANKNIFTY
Sell at 26150 SL 50 points
Sell at 24720 SL 50 points
Sell at 24190 SL 50 points
Buy at 23750, SL 50 points
Buy at 23150 SL 50 points
CMP 23900
Bank Nifty is sideways and can be traded at above points.
Disclaimer: author may enter in trade, take your own decision , This is an trading idea not an trading or Investment advice.
...
Note>> 11990 to 12245 is supply zone , three attempt have been made last two week to break it. Above this there is no supply zone so if broken can move to all time high.
Overall Nifty is not bearish , Its sideways , If Reliance shows strong upside movement then it can break the supply zone.
Sell 11714 SL 20 points
Sell 11884 SL 20 points
Sell 11830 SL 20...
From new traders to experienced traders, the most under valued technical tool is trend line. Since everybody thinks its easy to draw the trend line, they dont give much attention to it.
I have connected A & B to draw the trend line 2 weeks before. When I analysed for this week's move, I just extended the same trend line and it is marked as dotted yellow line. ...
AMARAJABAT - BUY
Current market price: Rs. 658.40
Stop loss : Rs. 646.60
Target : Rs. 728.4
Risk Reward: 1:6
On daily chart there is strong support, buying momentum increases and pullback is weak.
Escorts-Buy
Current market price: Rs . 653.45
Stop loss : Rs . 634.90
Target : Rs . 748.80
Risk Reward: 1:5.14
On daily chart there is strong support, buying momentum increases and pullback is weak.
Above mention idea is educational purposes only.
