Set Alert on 77% Profitable Bank-Nifty Back-tested Intraday Strategy with FREE TRIALS Trend Follower Intraday for 5 minute Time-Frame (Adjustable) , that has the time condition for INDIAN | CRYPTO | FOREX Markets // ══════════════════════════════════════════════════════════════════════════════════════ // Unlike the Free Scripts - Risk Management , Position...
Education Falling trend line: Rising trend line is the type of trend line which typically helps trader in identifying the exact bearish momentum (downward trend). The rising trend line or descending trend line, be connected from highest price traded within the time range, and connect to the lower prices of the asset or security. Traders may prepare for selling...
Education Rising trend line: Rising trend line is the type of trend line which helps a trader to identify the bullish moment or bullish range (Upward Trend). The rising trend line or ascending trend line should be connected from the last lower of the asset value to the last highest value or price of an asset. The rising trend line should have multiple prices...
Query 1 I have bought nifty 17750 CE 27th October @ 158 and when market fall, I again bought it @ 48. Can I hold till the month end? Query 2 : I shorted nifty @ 17200, but market is moving up. Can I carry forward my position as I expect market to fall from 18,000. Answer for query 1 : Option value erode each and every day. Even though the market went up, the...
Hey everyone! 👋 Today we are going to share a quick write-up about the “Rounding bottom” formation, along with a few examples that may help you solidify your understanding of this chart pattern. Please remember this is an educational post to help all of our members better understand concepts used in trading or investing. This in no way promotes a particular...
Choosing wrong strike prices can lead to big losses even when our analysis is right. It's due to Theta decay. So Lets understand some basics of options strike price. There are three types of strike prices based on their moneyness. 1)ATM (At the Money) 2)OTM (Out of the Money) 3)ITM (In the Money) FOR CALL OPTIONS : Lets assume Stock ABC is trading at 150...
Educational Post Bullish Harami Bullish Harami is candle stick pattern which shows counter attack by bull on bear entering the support zone. Significance of candle stick pattern is at support level of charts. Bullish(Green) candle should gap up from close of bearish(Red) candle and close should be above the median of bearish(red) candle with volume. ...
Basics of Trading and the areas of interest of every trader to have minimum knowledge to understand the market and its movement. Volume Based Entries Basics of Volume When the price is trending volume will be above volume moving average that will be considered as trend, when volume is too high in a session thats higher than 3x to volume moving...
There is an interdependency between them but not to the extent, that people considered it to be. Indian IT stocks have shown much resilience and hold their position better despite the sharp fall in the US market. There are a few challenges to this sector 1. Attrition 2. Usd/INR 3. Fear of recession In case of recession, it will be beneficial for western...
I get queries from a lot of people who don't want to study technical analysis much. They're just focused on getting a predefined trading strategy, which they can use effectively in the market without looking much at the charts . So, in this video, I share a strategy which has been given really good results and it works a lot of times and I believe the...
Volume Analysis Series-2. How to read volume, how to check volume for reversal and swing trade, when to use volume or not.
1. Before starting any new venture, we must learn the basics of that subject. So, learn the basic ABCD of trading. 2. Beginners should avoid the Futures and Option (f&o) trading. First, one needs to get a good grip over the cash equity segment. 3. Learn technical analysis and try to master any one strategy and stick to it. 4. Avoid dependence on...
Everything is explained on chart .. the start of the possible harmonic happens at the end of the C leg to find that you need to identify and keep an eye on the B leg Train your eyes to identify the Structure. Latter comes the logic and understanding.
Educational Post Hammer candle stick pattern is important pattern shows counter attack of bulls. This pattern has significance when price is near crucial support or near long term moving average. Hammer shows that bears are unable to beat the bulls and not able to make close in bulls territory. Bulls also shows their presence when price enters in their...
1) Double Top, a Bearish reversal chart pattern It is a trend reversal chart pattern formed after good bullish price movement (a continuous upward price movement for a good duration) where the upward price movement loses its steam (formed a first top) and it retraces a bit (to neck line or mid point). Then again it moves in direction of original trend and...
Previously, DXY encountered a fail downside attempt. Upon reversing, I entered the trade when RMO indicator (RMO by Lazybear) turned green Stop loss : - Low of the Bar - (Range of the bar) The index was initially supported by Kijun Sen but later it gave in. Lower Time frame DMI was also choppy. But, I stayed in trade as it didnot hit the SL I took out the profit...
📚 LEARN MORE 💰 EARN MORE Inverse Head and Shoulders Definition: A head and shoulders pattern is also a trend reversal formation. It is formed by a Valley (left shoulder), followed by a Lower Valley (head), and then another Higher Valley (right shoulder). A “Neckline” is drawn by connecting the highest points of the two Peaks. Neckline resistance does...