Trading Decision - Checklist Before placing trade Traders always encounter a thought when analyzing their trade history - I would have been in this much profit if I had avoided this particularly trade/trades(mostly losing trades). There are many reasons behind why traders take up some trades which they should not be taking - reason could be fear of missing out,...
Basing : Its accumulation phase where smart money comes in, it acts as a base. Here price may follow the previous trend or shows reversal Always take partial position, don't get trap by infusing entire position. Volume activity remains low and you may see some heavy buying at support. Psychology : participants are not ready to participate actively, it lacks...
Maintaining Trading Journal :- Maintaining Trading Journal is one of the key aspect of becoming a good trader. This is something which I have struggled to do- I always planned to keep a trading journal but after sometime I failed to maintain it or continue it(Mainly due to the losses that I incurred in between which am really not motivated to write...
Head and shoulder is a very popular chart pattern among traders. which is a continuation pattern. Many traders get it incorrectly they try to find Head and Shoulder in an up trend and Inverse Head and Shoulder in down trend , you need to do it correctly for better results. Here I do this analysis in three parts. Step 1 : Previous trend should be bullish for...
Thank You For Giving Giving Me So Much Support Hopefully You Also Give Support To This Idea Lets Move To The Idea And Tell Me Which Type Of Trader You are Tell Me In the Comment. There Is Four Type Of Trader. The First Type Of Trader Is Day Trader: Day trader refers to the market operator who indulges in day trading. A day trader buys and subsequently sells...
Hi, This idea is about the very promising ABC pattern and the most optimal ways to enter into this pattern. ✅ABC Pattern This is considered as a continuation pattern. There has to be a strong trend up/down in the background. Wave A: Minor correction against larger trend, usually not more than 5-10% Wave B: Another attempt to push the price higher but could...
Ever wonder what derivatives are? Check out this handy guide! 😉 A derivative is a contract or a product whose value is derived from the value of some other asset known as underlying. A variety of underlying assets serve as the foundation for derivatives. These include: → Financial assets such as Shares, Bonds, and Foreign Exchange. → Metals such as Copper,...
Hello Everyone, Today we are again with a New Topic CRS (Comparative Relative Strength) So Lets Start What is Comparative Relative Strength This chapter will share insights on a valuable lesser-known form of market analysis referred to as comparative relative strength ( CRS ). This is the study of one stock or sector in relation to other sectors or the overall...
Hello Everyone, Today we will be talking about The Secrets of Sokyu Homma Related to Charts So let's start with 1. The Sokyu Honma's Two Methods 1. The Samini No Den of the Market 2. The Sakata strategies 2. The first Method, The Samini No Den of the Market (The Subjective Part of the Method) The first part of Sokyu Honma’s method, the Samni No Den...
I will never trust anything that can be presented with some objective metrics. Unfortunately, support and resistance are highly subjective concepts so I had to do a lot of digging to find some statistical proof for this working. You can randomly draw lines and see price action acting like it's breaking out or breaking down. You can't rely on purely support...
Hi, In this idea I will try to throw some light upon the traders' favorite tool, that is trendlines (also known as dynamic support and resistance). Trendlines represent the direction of trend- up or down. They also indicate the strength of the trend. Steeper trendlines means more momentum than a less steeper trendline. The following discussion would focus mainly...
It looks like Megaphone, Usually the price is hitting higher highs on the top resistance line and higher lows on the bottom support line. Easily spot at the top of the trend. How to trade it? For downward breakouts, use the lowest valley in the pattern as the target. For upward breakouts, consider the difference between highest and lowest valley as height for...
Hello Everyone👋 Today we will be talking about What are Options So let us get Started, What is Options Trading :- Options trading is a type of trading specific security on a specific date at a time and closing it at the date on which the options are getting to end. Here end doesn't mean the options are going to end forever it means that options are getting end...
This Nifty Future Chart i have used in this Educational Tutorial is to summarize how many parameters keep playing in disguise on Daily Charts which is possible to track properly only in Short Term Trades . The Trade Setups for Longs / Shorts are those which i have personally Taken in markets in recent times for short term setups . The Overall Risk Reward is...
The Rounding Bottom is a long-term reversal pattern that is best suited for weekly charts. It is also referred to as a saucer bottom, and represents a long consolidation period that turns from a bearish bias to a bullish bias. 1. Decline: The first portion of the rounding bottom is the decline that leads to the low of the pattern. 2. Low: The low of the...
In this analysis we are just looking at the weekly days at key turn around periods. It seems that Monday tops the list of trend change, having said that this also means option seller is trying to trap people who have taken positions (in the same direction as Thursday) over the weekend. A cut throat theta decay perhaps over the weekend, followed by a trend change...
Hello Everyone 👋 Before Starting I want to tell you all the names of the Candle sticks in this Part 1:- These are:- 1. Evening Star 2. Morning Star 3. Bullish Engulfing 4. Bearish Engulfing 5. Three white soldiers 6. Three black crows 7. Three Identical Crows 8. Bullish Meeting Lines 9. Bearish Meeting Lines 10. Bullish Breakaway 11. Tweezers Top 12. Bearish...
Bullish Engulfing: The bullish engulfing pattern is a two-candle reversal pattern. The second candle completely ‘engulfs’ the real body of the first one, without regard to the length of the tail shadows. This pattern appears in a downtrend and is a combination of one dark candle followed by a larger hollow candle. On the second day of the pattern, the price opens...