There are three common types of gaps that frequently occur - 1. The breakaway gap 2. Runaway gap 3. The exhaustion gap. Breakaway gap is a more significant gap that usually marks the beginning of new trend. It occurs when the price of a stock breaks a significant resistance. Runaway gaps typically occur during strong bull or bear markets, where the price...
Here's a step-by-step breakdown of how breakout trading works: 1️⃣ Identify a Consolidation Phase: Look for a period of consolidation on the price chart where the stock's price is moving within a relatively narrow range. This phase indicates that the stock is building up energy for a potential breakout. 2️⃣ Set Support and Resistance Levels: Determine 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 👍 , ...
In this video, I discuss 5 Options selling guidelines which you can use to exit your option trades when they go wrong. Selling options come with the risk of unlimited losses . That's why, the main aim of adjusting options is to put a cap to the losses , reassess the situation and increase profitability. Follow @piyushrawtani for more! Cheers =)
I do not suggest to invest any money. #DYORBI. Mostly bullish
How to Use and Read India Vix. How it impact the stocks and overall market index.
Today’s topic is all about three trading stats that you must have. If you remember I have spoken about the three step trading methodology in our talks at conferences and seminars. One of the components of the three step trading methodology is the optimisation component. This is when you’re looking at your stats to see how you can optimise your strategy or review...
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...
Concept of Stock Selection in Sectors. How to find out strong stocks in sector and complete your stock selection
This is a small video on how to calculate the target in the head and shoulder pattern which will allow us to place an alert using the tradingview tools. The tradingview tools make calculating the exact target based on the patterns a lot more easier. I hope this video helps the beginners, please note this is only for beginners and if you are already familiar with...
ABCAPITAL this is a learning for next time we find a hammer resistance.
learn about how ICT use the grade swings by defining dealing ranges dealing range is last buy side and sell side price delivery This is how price move form discount to equilibrium to premium
In This chart i have marked all the points. youcan easily find base patterns.
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.