Dear all, The above chart presents a simplicity of trading, its the heart and soul of trading, let it be a trend following system or investor or day trader or scalper -its as easy as kids ABC Let me explain my points with the simple yet powerful setup with above chart and more examples: Points to consider in every setup(conservative) - Consolidation -...
A Double Bottom is considered a bullish signal, indicating a possible reversal of the current downtrend to a new uptrend. Sometimes called an "W" formation because of the pattern it creates on the chart, the Double Bottom is one of the most frequently seen and common of the patterns. The Double Bottom is a reversal pattern of an downtrend trend in a financial...
After the previous idea, I thought to make another index with 10 stocks of which I chose for basket. ESCORTS RELIANCE APOLLOHOSP BIOCON CONCOR DABUR JUBLFOOD TORNTPOWER AMARAJABAT SHREECEM Each has equal allocation. This is an interesting way of making projection.
Hi Everyone! In this analysis we'll look at some chart after we met Crash. Whenever market crash it's an opportunity for us to buy a good share at discounted price. Just Switch to the higher time frame ( Monthly, Weekly ) and find out the major Support/Resistant. It'll try to test major Support/Resistant, Trendline , Channel. ASHOKLEY :- The chart is...
Hey everyone!👋 We have prepared this visual guide to help you out in publishing your very first script/indicator on TradingView. Just type in your code, provide a decent heading, write a meaningful description explaining how your script is original, and just publish. Easy, right? Let’s delve into this process! A step-by-step guide on how to publish a script on...
This is a good example for a triangle chart pattern.. i have mentioned where to Buy , where to put SL, how to measure Target and where to Exit(Target)...
How I select my Stocks. How I make my selection work for me.
Dow Bottom Broken - What to do next. No one know the next market move but Dow theory tells us when to react.
I have made efforts in Explaining small part of Wave Theory Hope you like it Good luck
Simple strategy to determine whether a market is in trend or not. Breakout implies trending of market. Consolidation shows market is range bound. Scaling in 4 times the time frame will show the activity in details and Entry into the market can be done in smaller time frame. This strategy is suitable for both Range traders as well as trend traders. Possible...
Taking A Right Breakout Trade Can Be Really Benifical, But What If It Is A Fake Breakout , Than It Will Be A Real Pain .... There Is No Way One Can Completely Avoid All The False Breakout , But It Is Possible To Avoid Most Of Them With Certain Strategies ,Which We Are Going To Talk About In This Post . . So, Lets See How To Not Trade A Breakout And Avoid Fake...
One of Trading Views' strongest feature is its screener. Probably the best some of us have gotten used to so far. This is a small tutorial /writeup to help you search for stocks probably sitting at support. Remember, for certain stocks their area of value is 20EMA, while for some it’s 50EMA and for others it could also be 100EMA, so on and so forth. Basically,...
The volatility index (VIX) is a measure of market volatility, which is why it is called the volatility index. Since a high level of VIX represents a high level of fear in the market and a low level of VIX indicates a high level of confidence in the markets, it is referred to as the Fear Index in common parlance. The VIX is typically used to measure the near term,...
In this analysis we'll look how the Professional Trader explore the chart before executing their Trade. Demand Zone - Fib Retracement - Candlesticks - Divergence - Divergence warns that the current trend is getting weakening and it might possible that the trend get changed in up coming session. Volume Profile - POC - Point Of...
Options trading enables us to purchase or sell stocks, ETFs, and other securities at a set price and on a certain date. This method of trading also allows purchasers the option of not purchasing the securities at the stated price or on the given date. Options are a little more complicated than stock trading, but they may help one to generate more gains. When you...
A Double Top is considered a bearish signal, indicating a possible reversal of the current uptrend to a new downtrend. Sometimes called an "M" formation because of the pattern it creates on the chart, the Double Top is one of the most frequently seen and common of the patterns. The Double Top is a reversal pattern of an upward trend in a financial instrument's...
Hi all, today we are going to see one of the most important concepts for day trading. This is an updated version with better illustrations and more exhibits. I have taken all the content from the book “Secrets of a Pivot Boss” and added illustrations and charts so that you don’t have to read the complete book. I am merely a presenter of the concepts written by...
Trading breakouts is a most profitable trading strategy that involves buying or selling an asset after a long period of consolidation. Confirming breakouts before jumping into a trade is the key task to become a successful breakout trader. Now lets see about the important key points to consider to confirm such valid breakouts TYPES There are different types...