Megaphone pattern is a pattern which consists of minimum two higher highs and two lower lows. The pattern is generally formed when the market is highly volatile in nature and traders are not confident about the market direction. Normally this pattern is visible when the market is at its top or bottom. The greater the time frame is better the pattern will work....
When to Stop Trading?
We have spoken up to now about when to stop trading on a particular day. However, it is important to know if you should stop trading altogether – in other words, quit. It is not simple to find the right time to quit because often people quit when the going gets tough, but this may be just before success arrives. However, there are times when...
The stair steps pattern overview
The stair steps pattern forms along with the trend .It shows an uptrend where the price rises and falls abruptly. The graph reminds the stairs, thus a name of the pattern
In the uptrend, you may notice long consecutive bullish candles. Then, the price adjustment takes place and the cycle starts all over again. The price...
Wyckoff developed a price action market theory which is still a leading principle in today's trading practice.
The Wyckoff method states that the price cycle of a traded instrument consists of 4 stages – Accumulation, Markup, Distribution, and MarkDown.
👉TEXTBOOK EXAMPLE Accumulation Schematic: Wyckoff Events and Phases 👈
And this is the accumulation...
NURECA IPO REVIEW-
Introduction to NURECA-
-Incorporated on 2nd November 2016 @Delhi.
-B2C Home healthcare and wellness product company.
-95% Revenue online.
-1 manufacturing unit-@Chandigarh.
-3 Brands.
What does the company do-
-company enables people with tools to effectively monitor chronic illness and upgrade their lifestyles.
-company...
Understanding the process of value investing is easy. But it is not as easy to implement
The process starts with screening stocks based on its history.
-----Stock History:
Value investing is about picking blue chip stocks at discounted price. They represent established companies which has a long history trail. Example: stock analysis worksheet does not...
1) Cryptocurrencies: Highest Risk, Highest Return :-
There are 3 main types of Cryptocurrencies in the market now which are the most actively traded – Bitcoin, Ethereum, and Litecoin. Think of this as a new version of a stock, where the underlying thesis is the idea of decentralized ownership and value. For any other currencies in the market, for eg. USD , it...
Conclusion :-
1. Trailing stop loss is an order that locks in profits as the price moves in your favor.
2.You can trail your stop loss using: Moving Average, Average True Range, percentage change, market structure, and weekly high/low as well .
3. Investors uses above way to ride the trend till the last, & enjoys profits
4. as a investor you can ride it with...
straight FLAG PATTERN it can break either way so be cautious before taking the trade and don't be caught yourself in fake breakout
DON'T forget to check out my previous idea on Drreddy , it worked really well on 4 hrs time frame
Follow & like & comment
