Once you learn one of these strategies, you will be able to analyze the market on your own and trade self sufficiently.
learning these strategies will allow you to have better understanding of price action and the overall market structure.
Here are the 7 Strategies to learn ⬇️
1. TheStrat By Rob Smith
2. Smart Money Concept ICT
3. Supply & Demand
4....
NSE:NIFTY
What is Price Action Really?
When I started learning I was using a lot of indicators and crap but then I heard about Price action, its meaning is pretty vague and confusing after a lot of effort I get to know that the simplest things work best.
Let's see a structured way to approach Price Action analysis.
1. Chart Reading Bar by Bar.
Studying...
Here's a step-by-step breakdown of how breakout trading works:
1️⃣ Identify a Consolidation Phase: Look for a period of consolidation on the price chart where the stock's price is moving within a relatively narrow range. This phase indicates that the stock is building up energy for a potential breakout.
2️⃣ Set Support and Resistance Levels: Determine the...
Hello Guys according to mine experience and knowledge Some things I think are necessary to become a Better trader, so I am sharing all of them with you.
⚡⚡TRADING TOOLS-: (Contains Indicators & Other Soft tools like Screeners Or other software)
So as we all know that a after a good Physical Setup (internet connection, Computers or other gadgets) we also need some...
It is important to remember that just because price may reach the outer bands does not always mean it will reverse. Always look for further confirmation from another indicator, or by using candlestick analysis.
The symmetrical triangle pattern is a technical analysis chart pattern that forms when the price of an asset is moving within a range, with the highs and lows converging towards each other.
it is characterized by two trend lines that converge toward each other, forming a triangle.
It is confirmed when the price breaks out of the triangle, either above the upper...
The dual top pattern is a popular technical analysis pattern that can signal a potential trend reversal. This pattern is formed when the price of an asset reaches a resistance level twice and fails to break above it. The two peaks of the pattern look like two mountain tops that are approximately equal in height, with a dip or valley in between them. The neckline...
1 trade buy : I was looking for an order block on the 1 hour timeframe, I found a buy position, I waited for choch or bos to do it, then I entered the trade, it happened as expected, then I waited for an order block in the demand itself on the 1 minute timeframe as seen in the picture.
2 trade sell: In basically the same principle, I found an order block on a...
Hey Everyone! 👋
While alerts have a ton of potential applications when it comes to trading, they are often underutilized because it can take some time and ingenuity to build a system where they can work well.
Alerts can turn the experience of trading from a constant search for ideas - and always feeling behind - into a relaxing job of waiting for your own...
hello everyone,
It's been a long that we haven't discussed anything here..
so our today's topic of discussion is how to trade/play with signs similar to Doji/ dragonfly/hanging-man etc
so we know the sign very well. we are referring here to the candlestick pattern, where there is some conflict between buyers & sellers & both keep trying to push/pull each other...
What Are Gaps?
Gaps are nothing but Price of a Stock moving up and down sharply with no or little trading happening between the previous days close and current days open. Gaps show an ultimate picture of imbalance between supply & demand. Gap formations are due to many fundamental and technical reasons.
Most common example, when there is an announcement of...
Steps To Follow -
1- Open The Chart In DTF (Daily Time Frame)
2- Switch To Line Graph To Capture CLOSING PRICE Of Stock
3- Now Take Trend Line From Your TOOLS and Construct A Trend Line (Joinig the CLOSING PRICE of Stock)
4- After Constructing The Trend Line ( SEE ALL POSSIBLE CLOSSING PRICES IN THE CHART )
5- Now Switch to CANDLESTICK CHART
6 Now see where your...
3 Parameter Strategy is a very powerful strategy based on 3 indicators.
This strategy works best with Daily Candlestick Charts
It can be traded with different styles of entry and exit.
Instruments
Futures
Cash
Indicatos Used:
Bollinger Band
MACD
RSI
In a series of educational posts we have covered so far the candlestick patterns and moving average crossovers,
in this post we will elaborately cover the swing trading strategies. Let's start !!
->Definition of swing trading - : Swing trading is generally referred to a trade which is carried out for a short duration of time. Swing traders do not wait
till the...
Hey everyone! 👋
This week, we will be taking a look at the ingredients that go into creating and posting high-quality trade ideas.
While many think that a good trade idea begins and ends with finding a high probability chart setup in a liquid, volatile asset, the *best* trade ideas often combine multiple disciplines - which could include macroeconomic analysis,...
If you have been in the market for some time, you may have heard of “Fibonacci retracements” . Today we are going to share an informative write-up along with a few exhibits that may help you solidify your understanding of this concept.
Table of Contents:
1. What are Fibonacci levels?
2. What is the significance of retracement levels?
3. How to find...
****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...
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...
![AXISBANK: [E] The Bollinger Bands Indicator - IV](https://s3.tradingview.com/5/5yDycV1i_mid.png "[E] The Bollinger Bands Indicator - IV")
