The Darvas Box Theory is a trading method that is based on stock momentum. The momentum theory basically suggests that stock prices that have previously climbed are more likely to do so again in the future. Stock prices that were falling previously are more likely to fall again in the future. By drawing boxes around the highs and lows throughout time, the idea...
If you have been in the market for some time, you may have heard of something called “divergence” . Today we are going to share an informative write-up along with a few exhibits that may help you solidify your understanding of this important trading concept. This post will also lay the groundwork for future posts about related topics. Please remember this is...
Topics covered: 1- Impulsive Elliott wave pattern. 2- Impulsive and Corrective pattern locations. 3- Possible types of pattern. 4- Fibonacci ratio's in brief 5- Rules and Guidelines Next topic to be coved is Leading diagonal!
This is the educational post, regarding how ABC- Zig-Zag pattern looks like, how it is formed and what are the possibilities regarding targets targets and stop-loss. 1- basic structure for wave ABC. Here, wave A starts from 0 (starting point of wave A) to A (end of wave A) wave A completes here. Next, wave B starts from A (end of wave A) to B (end of...
Nagreeka Exports has BO of long 4.3 yrs base with 7x volume . Can be bought on every dips for the target levels as mentioned on the chart. Educational Points Large Base 1 - Early rally 2 - First point of profit booking/sell off 3 - Base formation after profit booking/sell off - this is the point to consider adding the stock to the...
**** Educational Post: ASCENDING CHANNEL An ascending channel is the price action contained between upward sloping parallel lines. Higher highs and higher lows characterize this price pattern. Technical analysts construct an ascending channel by drawing a lower trend line that connects the swing lows, and an upper channel line that joins the swing highs. The...
A rising wedge is a bearish pattern when it appears at the top of a mature uptrend. It signifies that a potential top might be in the offing. The duration (short/medium/long term) of the top depends upon the timeframe on which it appears. Preconditions ------------------ > A strong mature (multi-day/week)trend in the background > Wave HH1 to be extremely smaller...
****Educational Post: Head and Shoulder pattern Head and shoulders is a chart pattern in which a large peak has a slightly smaller peak on either side of it. Traders look at head and shoulders patterns to predict a bullish-to-bearish reversal. Typically, the first and third peak will be smaller than the second, but they will all fall back to the same level of...
Gold's Golden Rule Of 89% Golden history of last 50 years have shown that Gold has give big move whenever there is a minimum 89% move from bottom. Chart is self explanatory. There are three successful incident of min 89% move and two unsuccessful incident of less than 89% move. Successful Incidents 1. 1970 - 1972 2. 1976 - 1978 3. 1999 - 2005 Unsuccessful...
Query: I am new to trading. How much capital I need to trade? What I need to trade better? Trading account: Anybody can open trading account and it needs a small process. Trading capital: Capital depends on how you trade. If you are completely new, start with small capital as per your financial strength. Because at the early stage you will explore the order...
Screen Your Stock in Five seconds. Use Trading view Stock Screener for Automatic screening and use Manual screening to find your trade in 5 seconds.
Have a look to the close correlation between NIFTY and DXY
Almost a textbook reversal pattern is formation, might take few months to complete. Just for tracking
Understand trend first then go for other aspectss.
Hey everyone!👋 Today we wanted to share one of the most powerful features of TradingView, our beloved "Bar replay feature". Let’s get started! 🚀 1. When you open TradingView, you will find an option called "Chart". As soon as you click it, it will redirect you to a blank chart template. 2. In the top toolbar, you will see a “Replay” option. Just click it...
Query : Although I have read many books on trading and learnt technical analysis and many chart patterns I couldn’t get enough confidence to trade. How to gain confidence in trading? Take few mins and answer honestly. Are you giving your best in trading? Are you treating trading as a lottery? Do you have discipline? ----- Now watch the video and write your...
Hello Traders! This is a learning analysis for 'How we can capture momentum & ride huge rallies in stocks.' I've taken the example of HFCL. As per the chart you can the current bullish candle closes above the green line (6ma). Whenever this happens near any support of demand zone or any moving averages stocks become bullish. In this stock it is bouncing back from...
What is a BEAR-TRAP? --> BEAR-TRAP is a condition in the market where the Price gives a Breakdown below a Potential Support zone but quickly Reverses back above the Support without giving a follow up bearish candle. Why a BEAR-TRAP occurs? --> Big Players who are bullish on a specific stock would be wanting to buy a big quantity of shares at the...