Welcome and follow us! Day Trading vs. Swing Trading: An Overview Active traders often group themselves into two camps: day traders or swing traders. Both seek to profit from short-term stock movements as opposed to holding securities for long-term growth. The primary difference in the trading strategies is that day traders trade many stocks during a day, while...
Bank nifty hourly time frame. A good triangle pattern formed but broke down like brittle glass just after giving an hourly close above the breakout level. This is a classic study opportunity to understand how breakouts fail. Even a positive close doesn't mean anything unless price action supports it. PS: One can always go short from the low of hourly candle with...
Hello Friends, Here we had shared some major points and characteristics of Expanded Flat Correction also known as Irregular Flat Correction in Elliott waves. Principles of Irregular / Expanded Flat correction pattern 1) 3 waves corrective pattern which is labelled as A-B-C 2) Subdivision of wave A and B are in 3-3 waves 3) Subdivision of wave C is in 5...
Inverse head and shoulder pattern. I h&S pattern is a bullish pattern which signifies the continuation of price for upside.
Trading in financial markets involves risks, and managing them effectively is essential for success. One crucial aspect of trading is mastering the risk-to-reward ratio. By understanding this concept, traders can enhance their profitability, minimize losses, and achieve consistency in their trading results. In this article, we will explore the significance of the...
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...
Intro: In the dynamic world of financial markets, trading strategies have evolved significantly over the years. With advancements in technology and the rise of artificial intelligence (AI), algorithmic trading, also known as algo trading, has gained immense popularity. Algo trading utilizes complex algorithms and automated systems to execute trades swiftly and...
The stock market animals roam the financial landscape, representing optimism or pessimism. These animal metaphors capture the sentiment and beliefs behind the market participants who often try to outsmart each other through their edge in the market. Here is a list of 7 most popular animal metaphors in the stock market. Maybe it can help some traders to look at...
sometimes its not about the supply - demand. If we short at supply zone for the target demand zone. We have seen from the past price has bounced back three times from demand zone now there are few chances to go back to the demand zone unless there is big selling pressure or some bad news. In this case price find the previous support level. Here i have market...
This is the first part of the video series where I will explain how a high tight flag setup should look like. This will help you shortlist your focus stocks from the stocks that your scanner throws out. A high tight flag setup should have the following characteristics. Here I am using daily timeframe: - The pole is steep. Means high percentage move in a few...
How to react based on market conditions.. It is very important to hold your cash and keep patience before making new trades and entries..
What is a ratio Chart: Ratio charts play a significant role in technical analysis, offering valuable insights to traders and investors. These charts display the relative performance between two assets or indices by comparing their price movements. By dividing the price of one security by another, ratio charts provide a visual representation of their...
Hey everyone! While trading and investing offer the opportunity for profit, there is always the potential for loss. Here are a couple of time-tested tips to help you in understanding and managing your risk better. 📝 Develop a Trading Plan ─ Many traders jump into the market without a thorough understanding of how it works and what it takes to be...
Selecting the right time frame for technical analysis is a crucial decision for any technical analyst. In the Indian market, the trading session lasts for 375 minutes, starting from 9:15 AM and ending at 3:30 PM. While many traders commonly use the 30-minute, 1-hour, and 2-hour time frames, these intervals often result in incomplete candles, which can distort the...
We can see the patterns repeat in charts One has to be an observer when viewing charts, if you focus on patterns and check similar pattern in history, you will be able to judge what next can come with the stock Pattern Repetition: Historical patterns tend to repeat themselves in the market due to the influence of human psychology and market dynamics. By...
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. ...
in this video I mark the valid pullbacks that are really important for marking market structure follow for more educational content