Hello mates and friends as we all know that there are multiple time frame charts we can use in trading like for technical chart analysis, chart patterns and taking a trade but sometimes I see that many of people are using wrong time frame chart for above mentioned things so here I want to try share some information based only on mine knowledge. 1- Monthly chart-:...
Supply and Demand Trading Strategy is a price action strategy that focuses on identifying Institutional Buying & Selling Footprints on a Price Chart. This strategy doesn’t rely on any indicators or oscillators; entire focus is on Price Action. Owing to the sheer large size of their orders, Institutional buying or selling leaves behind certain footprints which...
Hey everyone! 👋 Bull markets are a time of optimism and growth, and they can be a great opportunity for making substantial gains. However, it's important to remember that bull markets don't last forever, and it's crucial to approach them with a healthy dose of caution while keeping your eye on your long-term goals. 🙂 Here are a few things to keep in mind when...
We all know that market moves in Phases. The four most popular phases are – 1️⃣Accumulation 2️⃣Markup 3️⃣Distribution and 4️⃣Markdown Mr. Wyckoff analyzed these phases further, esp. Accumulation and Distribution, to understand the price behavior for potential opportunities to trade/invest in the market. In this tutorial I am going to have a brief discussion...
So, let's refresh our knowledge from the previous posts (read part 1 and part 2 at the links): - The chart is based on the data from the tape; - The X-axis is the time scale, and the Y-axis is the price scale; - To avoid having to analyze a huge number of trades, interval charts were invented for convenience; - The most popular chart type is the Candlestick...
So, in the last post we learned how to build a simple line chart based on the tape. Each point on the chart is defined by coordinates from the time (X scale) and price (Y scale) of a trade. But some stocks are traded at a frequency of hundreds of trades per second, at different prices. The question arises: which trade price to choose from this set? Interval...
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