" GOD MUST BE A MATHEMATICIAN " If we look at the construction of universe and movements of the planets & other celestial objects movements, flowering & fruiting cycles in trees etc. everything has a pattern and they are cyclical in nature. That very same assumption is applied and works well in stock market, commodities and forex as well. Identifying the time...
#sparc #swingtrade #momentumtrade #patterntrading SPARC : Swing / Momentum Trade >> W pattern clearly visible >> Volumes building up >> Good Strength in stock Low Risk High Reward Trade Swing Traders can lock 10% profit & keep trailing Please Like or comment if u r Liking the analysis & Learning from it. Keep showing ur Love Disclaimer : This is not a Trade...
#We Make Only Profit. #HDFCBANK #BANKNIFTY #NIFTY50 #NIFTY #SENSEX #TATA whats is trend line? Trendlines are easily recognizable lines that traders draw on charts to connect a series of prices together or show some data's best fit. The resulting line is then used to give the trader a good idea of the...
Double Bolliger band Strategy : Tried to put in best easy way in the chart and simple explanation below : What we need : Two Bollinger Bands 1. Length 20 and StdDev 1 2. Length 20 and StdDev 3 Confirmation with indicators should be in same trend with candle stick trend 1. RSI (For trend identification) 2. Stoch (Entry and Exit confirmations / Overbought and...
RSI is a versatile momentum indicator that tracks price trends as well as sideways consolidations, and gives trend change signals at or about the right times. Here a standard 14 period RSI is used to identify trend change from Stage-1 consolidation (accumulation) to Stage-2 rally (Markup) on the 15-minute NIFTY 50 chart. RSI bear-zone resistance is red horizontal...
The bearish In Sen candlestick is identified by a single candlestick with a full body and short or non-existent wicks, indicating a downward trend and a potential selling opportunity. The following chart illustrates the appearance of a bearish In Sen candlestick on a price chart. Keeping it documented for future use.
Here is a special case of a snapshot of Nickel Futures. It is entirely illiquid but from our naked eye, We can see a pattern here. A range of machine learning algorithms and statistical models are employed to detect such underlying patterns. From our naked eye, We can spot tradeable opportunities as shown in the dotted lines in the above chart.
in technical analysis there is a thinking that the range of price movement after a pattern breakout is almost half/equal/ double of the range of the pattern, well double is exceptional case so can't be generalized , but idea of half and equal ranges is mostly seen in the chart. but again not a standard
What is Reverse head & shoulder ? Ans:- The Reverse Head and Shoulders is a bullish reversal pattern that is formed in the stock market when an asset experiences a decline, followed by a moderate recovery, then another decline to a lower level, another recovery to near the original decline, and finally another decline to a level that is lower than the previous...
Setup The 123-chart pattern is a three-wave formation, where every move reaches a pivot point. This is where the name of the pattern comes from, the 1-2-3 pivot points. The structure of 123 chart pattern The pattern appears after three price movements, which form three pivot points and a confirmation level. Pivot point 1. This is a turning point that the price...
23 reversal setup is a basic on-chart formation, that warns about upcoming trend reversal. Setup The 123-chart pattern is a three-wave formation, where every move reaches a pivot point. This is where the name of the pattern comes from, the 1-2-3 pivot points. 123 pattern works in both directions. In the first case, a bullish trend turns into a bearish one. And...
Pullback Trading Strategy over 80% Success Rate Rules Moving Average - Price should above 200 Period Moving Average Entry - 10 Period RSI Below 30 Exit - 10 Period RSI Above 50 Stop Loss - Recent Swing Low I hope you understood the pullback trading rules. Chart 1 : Reliance 9.68% Up The price was clearly above the 200 Period Moving Average...
Market Structure is the most fundamental aspect of analysing charts, mastering it goes a long way in increasing one's reading of price. It provides us with a narrative with which to look at price. At a glance market structure looks quite simple but when studied in depth it has many nuances & can provide with very valuable information. Market structure is fractal...
Supply and Demand Trading Strategy is a price action strategy that focuses on identifying Institutional Buying & Selling Footprints on a Price Chart. This strategy doesn’t rely on any indicators or oscillators; entire focus is on Price Action. Owing to the sheer large size of their orders, Institutional buying or selling leaves behind certain footprints which...
Definition of a Gap:- - Gap is a space left behind by a script in its price chart. - It is the area of discontinuity price in the respective script. - The reason may be anything but generally it occurs due to sudden changes in the sentiment of the market due to some events or news related to the particular script. Types of Gaps:- 1. Common Gaps - These...
Basics of Trading and the areas of interest of every trader to have minimum knowledge to understand the market and its movement. Volume Based Entries Basics of Volume When the price is trending volume will be above volume moving average that will be considered as trend, when volume is too high in a session thats higher than 3x to volume moving...
I get queries from a lot of people who don't want to study technical analysis much. They're just focused on getting a predefined trading strategy, which they can use effectively in the market without looking much at the charts . So, in this video, I share a strategy which has been given really good results and it works a lot of times and I believe the...
OK let's get started , A Day Trading (Intraday) Consolidation Breakout Indication Strategy that explains time condition for Indian Markets . The commission is also included in the strategy . The basic idea is , 1) Price crosses above upper band , indicated by a color change (green) is the Long condition 2) Price crosses below lower band , indicated by a...