How to read long term short term market structure. Many time we confused with short term moves and start planning long term trades so both must be read separately.
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.
A bullish Yo Sen candlestick is represented by a single candlestick with a full body and short or non-existent wicks, indicating an upward trend and a potential buying opportunity. The following chart illustrates the appearance of a bullish Yo Sen candlestick. Keeping it documented for future use.
As a member of TradingView, you have access to more than 100 news providers. Our excellent news providers cover every asset class. Learning how to manage market news is an important informational edge that takes time and practice - always know the latest stories about your favourite symbols and be in the know about what traders are talking about. In this post,...
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...
Publishing herewith my idea about channel and its use to find a range ( for educational purpose only it's all about ratio's will add others examples in comment section
Publishing herewith my idea about conditions which results in fast upward movement of price
Probably all of you have might have heard of 'states' of 'matter', let me remind you once again "state of matter is one of the distinct forms in which matter can exist" but why am I talking about this stuff it's because the Market also has 'states' of 'market' you can define them in the same way " state of the market is one of the distinct forms in which market...
Hey everyone!👋 In this post, we'll delve deep into market structure, presenting insightful examples to enhance your understanding of this concept. Introduction: ✅ Market structure is a framework for comprehending the movements and behaviour of markets. In layman's terms, it is a basic form of understanding how markets move. ✅ It can be seen as the flow of the...
Adding some more points in my list of scenarios which results in a sharp upward movement in price
There are few things to be considered before selecting a stock for intraday such as, 1)Volume 2)Price 3)Mimicking Stocks VOLUME: Always Select a stock which has a high liquidity, which means the stock should have at least average daily volume of above 1 million (10 lakhs). PRICE: Many would not consider this as a important parameter. but it must be...
Major and Minor Inducements Smart Money Concepts Inducements are trap to the retail traders.
5 Rules for every Stock Selection. I use these 5 steps for my each trade. These are very simple but essential rules.
This is why it is important for Price Action traders to exercise caution and not rely solely on historical price movements. While price action analysis can still be effective in predicting market movements, it may be less reliable in scenarios where unexpected news or events can impact the market. The third tenet of Dow Theory states that trends have three...
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.
on the hourly chart, nifty formed a pause candle. 1. there is wide gap between the nifty value and the moving average . 2. pause bar indicates the resting of bulls and bears until a clear signal is obtained to trade.
How to select stocks for Intraday or short term. We can do this in two ways. First one, using manual method and the second one is using screeners For day trading, we need to complete the trading in the first 1:15hours or last 1:15 hours i.e at 2:15 pm as the volume tends to be more by this time, in between, the market will be in the consolidation oe else, it...
cup shaped recovery of PNB Housing one can learn how to identify pivot levles which is acting as support and resistance at different scenario . i will include ema and volume indicators for PNB - in coming days. analysing all together will give excat point of entry and exits