A Dow theory is a chart pattern which can be either bullish or bearish . BULLISH DOW THEORY High is broken but low is not broken Higher high, Higher low If low is broken, Trend change BEARISH DOW THEORY Low is broken but high is not broken Lower low, Lower High If high is broken, Trend change
Rules Of Elliott Wave Theory: #1.Wave 2 never retraces more than 100% of wave 1. #2.Wave 3 cannot be the shortest of the three impulse waves, namely waves 1, 3 and 5. #3.Wave 4 never enters the price territory of wave 1.
I. Overview The Emotion Line is an innovative technical indicator that captures market sentiment by analyzing price dynamics. It calculates the average of opening, high, low, and closing prices over the past three days and combines the concepts of Dynamic Moving Average (DMA) and Exponential Moving Average (EMA) to generate a value reflecting market sentiment....
# 10 Points Strategy to Master Crypto:- (More the points confirmation more may be the accuracy). 1. Market Cycle - Know the Bigger Picture - Establish a Bias - Its Bullish or Bearish. 2. Market Cap Dominance Percentage chart - Interest Increasing in Bitcoin or Altcoin. 3. Open Interest - Total Buyer & Seller Increasing or Decreasing. 4. Long/Short Ratio -...
Hello, Here i will be talking about the process for picking up the stocks based upon the Relative Strength. As this is known to everyone but only few are getting benefitted by applying it in real trading. Most of the gains are made with the stocks having greater RSI. If RSI having > 75 those are the ones which create maximum wealth in Short time. Now, Question...
"Rahul's Redemption: Overcoming the Pitfalls of Overtrading" Once upon a time, in the bustling city of Mumbai, there lived a man named Rahul. Passionate about trading, Rahul was determined to make a fortune in the stock market. However, as the saying goes, "Too much of a good thing can be bad," Rahul found himself entangled in the web of overtrading. Rahul's...
A Higher High Higher Low structure on price action is considered as an uptrend. - In the weekly chart, identify the first break of Higher High after a Lower High. - Wait for Higher High retest and enter somewhere close to it. - Cannot expect a stock to test the exact same value. - Set SL as previous HL or in cases where there are other lows close by, choose the...
Note that not all trades would result in huge profits As per the setup, wait for candle close (since this analysis is on a weekly candle, it's Friday after 3:15PM) A Higher High Higher Low structure on price action is considered as an uptrend. - In the weekly chart, identify the first break of Higher High. - Wait for Higher High retest and enter somewhere close...
A good example of a trade where we followed the rules but still hit the StopLoss. That's why "don't put all your eggs in one basket". NOTE: There can be other ways of entering an exiting. However, the idea of sharing the instructions is to understand that it should be possible to trade with fixed set of rules. Some trades make huge gains, some don't move much and...
We will talk about ranges, Premium & Discount levels and trading them. I'm going to explain the basics of Supply & Demand simply. This is Part 1 of a 2-part series. We’re going to cover the concept of buying high & selling low, ranges, Premium & Discount zones and taking entries & exits based on what we learned. Buying high & selling low Before we get into the...
Please watch the material posted on Youtube from the Foundation for The Study of Cycles. The key phrases you are looking for are Cycles of Repetitive action and best fit.
What Is an Ascending Triangle? An ascending triangle is a chart pattern used in technical analysis. It is created by price moves that allow for a horizontal line to be drawn along the swing highs and a rising trendline to be drawn along the swing lows. OANDA:XAUUSD
Exploring the realm of options trading unveils two key players: Buyers and Sellers. Each wields unique strategies with its mix of risks and rewards. Let's break it down in simple terms. # Option Buyers: Riding on Possibilities Chances of Making Money (PoP): Buyers aim for good market moves, counting on accurate predictions within a specific time. Risk:...
1. January - The Value at Play Before we start discussing the different technical chart patterns, we need to have some clarity on how buying and selling happens on stocks and options. Every trade has a buyer or seller. That means at a specific point in time, for a specific price there are 2 conflicting thoughts Someone who thinks the price is too cheap ...
Over the past decade the interest rate differential between US and India has been constantly going down. This has largely been due to stronger fiscal position of India and also gradual weakening of US Public Finances. This has led to the Rupee becoming more stable against the Greenback, thereby reducing the rate of inflation in India. Further, this has resulted...
Price has a habit of repeating historical pattern, as patterns are nothing but psychology of thousands of traders watching same charts. Nifty currently is showing very similar price pattern on daily timeframe which it developed in 2015-16, where previously it made a top and then was facing a resistance on falling trendline and sort of made triple/multiple tops. It...
You can compare the relative performance by using the compare option on charts. The compare function tool is used to compare the market movements of two or more different symbols simultaneously. Popular use for a comparison chart is comparing two companies within the same sector. Click on the 'Compare or Add symbol button' (displayed as plus sign) on the toolbar...
Cracking the Code: Understanding Intrinsic Value and Moneyness in Options Trading Welcome to the journey of unraveling the mysteries of options trading. Today, we'll demystify two crucial concepts: Intrinsic Value and Moneyness. Let's dive in. # Moneyness in a Nutshell In options trading, Moneyness is the magic word that describes the relationship between...