How to Interpret levels in trendline and Horizontal resistance. How to draw correct horizontal line from hidden levels.
Last time we studied how the exchange price is formed, and we found out that it is important to learn how to read charts correctly in order to analyze price changes correctly. Let's see how a chart is made and what it can tell us. Everyone who went to school probably remembers: to draw a function, we need the X and Y axes. In stock charts, the X-axis is...
Hi in this video i explain how to trade breakout stock along with 2 breakout stocks in today's market. And things to take care of while trading breakout.
Hello Friends, Hope you are doing well, Today I am sharing a very little and simple fact, which is very much needed to survive long life in market and to be a profitable trader in market, here we are talking about direction and speed because, when you’re heading towards right direction, every single step you take is real progress, but if you’re going in the...
Price Action Trading Plan - Beginners Step 1 :Before you trade, consider your strategy for the day and how much risk you are willing to take. Step 2 : Determine whether the market trend is bullish, bearish, or sideways. Step 3 : Plan for proper entry and exit once trends have been identified. Step 4 : Avoid trading under duress. Be committed to your plans...
History of Stock Market Crashes In India In this post we'll go back in time and examine various known and unknown stock market crashes in India. When is it said that the stock market crashed? Every participant in the stock market has heard the term "stock market crash." But how many people understand what it really means? When the Nifty falls by more than...
Hello Everyone as you can see here we have made two lines at the top and two lines at the bottom of the same height and you can see how it worked very well and told you very early that where it could be down and have to be cautious but it doesn't mean that everytime you find something like this you should be cautious at there and ready to exit and take the profit....
What is divergence? Divergence is a method used in technical analysis when the direction of a technical indicator, usually some form of oscillator ‘diverges’ from the overall price trend. In other words, the indicator starts moving in the opposite direction to the price and the trading oscillator signals a possible trend reversal. Once divergence appears, there...
Wave Volume Divergence Indicator is being introduced In this video, I explain how to use the indication and the purpose behind it. Please forgive me if there are any mistakes in this video as I am not an expert speaker. I'm expecting this video will make wave volume divergence indicator easier for you to understand. Please share this video and indicator with...
Hey everyone!👋 Trading & investing is not easy. If it were, everyone would be rich. Here are a couple of time-honored tips to help you get back to basics. Lack of knowledge 📘 Many traders jump into the market without a thorough understanding of how it works and what it takes to be successful. As a result, they make costly mistakes and quickly lose money. ...
Recession is a scary word for any country An economic recession occurs when the economy shrinks. During recessions, even businesses close their doors. Even an individual can see these things with his own eyes: 1. People lose their jobs 2. Investment lose their value 3. Business suffers losses Note: The recession is part of an economic cycle. If you haven't read...
took two 8rr each trade and these were both exeptional entries
The previous parts of the post can be found at the links: Part 1 - How is the share price formed on the stock exchange? We do it Part 2 - Bid/Offer: The Yin and Yang of Stock Prices So, let's continue. So why don't we ever see some orders in the order book? Because such orders don't have a price, which means they can't be arranged in a book where all orders...
Uptrend- In an uptrend, both the peaks (tops) and troughs (bottoms) of a stock chart keep increasing successively. So, every day or so, the stock price touches a new high and falls lower than it did previously. Don’t be a mistake; this need not be a lifetime high. It could be the highest the stock touched in the past few days, weeks, or months too. This steady...
Read the first part of this post at the link: How is the share price formed on the stock exchange? We do it So at what price and what volume will the deal eventually be made? To understand this, let's go back to the "price" parameter of the order. When a buyer placed an order "to buy 25 lots at $115 a share", the exchange takes it as "to buy 25 lots at a...
What makes volume price analysis so crucial? Volume and price analysis play a major role in trading and investing. Volume analysis helps traders and investors identify whether there is significant interest in a particular security. It also helps to identify potential buying and selling pressure, which can be useful in predicting future price movements. Price...
You already know that the stock exchange is a one-stop place to buy or sell stocks, whether you are a novice investor or a seasoned professional. But even if you don't trade stocks, you will still "come" to the stock exchange to find out stock prices. Let's find out how the exchange price of a stock is formed. Regardless of what country the stock exchange is in,...
Indian energy exchange is now about to complete it's correction ,it is doing a double correction in major wave IV, fifth to the upside is still due. We can expect correction to complete near 124.85-125.85 and then final V wave target will be 407. And I'm expecting fifth to be extended because normal projection limit of wave V are 0.382 & 0.618 but as you can see...