it was wonderful trade indeed 25.93rr in just less then 30 minuts just insane . let's talk about the trade after a healthy bullish run we got the first break of structure ( BOS ) then we got another break of structure that confirms the bearish order flow then we mark our point of interest (POI) and then we wait for our poi hit once our poi hit we dive into lower...
Hello Mates good afternoon, So I choose open interest and volume theory for today's research because whenever we want to talk about trading the first thing comes into our mind is volume because it is the only thing which also followed the price and it is must be followed thing for price action and for breakout traders too. So like in equities there are Volumes...
Definition:- As the name suggests pause candle is the candle formed in between the trend, the change is usually opposite the trend i.e. if the underlined script is moving in an uptrend then the pause candle will be of negative change and the color will be red and vice-versa. The pause candle indicates a pause in fresh positions by market participants and an entry...
There are many traders out there who trade trend lines. Mastering trend lines is not easy as it seems, with experience things changes with your perception about Trend Lines. What I learned from my experience is that it is important to find a trend line, but it is more important to filter it so that, we can trade only the potential opportunities. Here I do not say...
Hello Friends, here we had shared just an observation on correlation between NIFTY and DXY which are clearly showing opposite directional runs from last couple of months, also we are assuming the wave counts on both, which are suggesting same patterns ahead along with good support by this correlation, this increases good chances of winning probabilities of our...
Hi All, I learned from youtube this strategy which i am about to show you. Traded the same myself today and got more than 1:2 target. 15 Min 1st Red candle Trade Check the FIRS Red candle in 15 min, if any candle breaks the low of this candle, then go for short and the SL will be the high of the 15min candle. Target is 1:2 Keep the strick SL with +- 5...
NSE:NIFTY NSE:CNXMIDCAP NSE:CNXSMALLCAP Diverging for couple of days. Ideally the broad market shall start picking up. While Nifty is getting selling pressure near the Highs today. Midcap and Smallcap Index getting buying near support zone. Midcap and Smallcap shall start picking up from here on. The Broader Market Indices must converge with the Mainstream...
Educational video as how to identify a double top pattern. A double top is a bearish technical reversal pattern which is not so easy to spot as one needs a confirmation of a break down point. Question comes, How to identify the target of Double top pattern! After the confirmation of the pattern, your minimum target is equal to the size of the formation. In...
just now Hey Everyone, Today we are again with a lot of information and a bunch of topics, so consider following us for regular ideas and market updates Let's go Strictly into the idea So In the last idea we covered an overview but now lets cover a detailed view and even learn about Fibonacci Extensions, Fibonacci Number and Lines and more and more. What Are...
Hi all, hope you guys are doing well. It’s been a long time since I last posted. Apologies for that. 🙏 In this post, we are going to see how we can combine different indicators/concepts to create confluence zones and find high-probability trades. Introduction A trade that has a greater chance of success than a regular trade is called a high-probability trade....
Why Mazdock was my favourite pick what was the reason Mazdock gave more than 120% returns in Nearly 2 Months!
An “inside bar” pattern is a two-bar price action trading strategy in which the inside bar is smaller and within the high to low range of the prior bar, i.e. the high is lower than the previous bar’s high, and the low is higher than the previous bar’s low. Its relative position can be at the top, the middle or the bottom of the prior bar. So now come to the theory...
📚 LEARN MORE 💰 EARN MORE Inverse Head and Shoulders Definition: A head and shoulders pattern is also a trend reversal formation. It is formed by a Valley (left shoulder), followed by a Lower Valley (head), and then another Higher Valley (right shoulder). A “Neckline” is drawn by connecting the highest points of the two Peaks. Neckline resistance...
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...
Here in this video, I discuss with you a losing trade which I took today and what we can learn from it. I also share with you important things regarding gaps , and how a beginner is always trapped in reversals and why it's profitable to stay on the current side of the trend. Follow @piyushrawtani if you find this video helpful .
Good morning traders. If you have entered long at the high of the green candle as shown in the chart you would have thrown out of the market by taking your SL and kept you thinking Oh! It must be a Fake Breakout. -->We all know that market structure is combination of waves. -->These waves will follow Primary trend, Secondary trend and all the minor trends on...
Volume Analysis Series Part-3 How to read volume , How to combine volume with candle and how to read sudden volume hike before taking trade.
let us understand what the different types of TECHNICAL MARKET INDICATORS in brief 😎Trend indicators are stronger than any other technical market indicator:- A market trend is a tendency of a stock market to move in a particular direction over time These trends are classified as secular trends for long time frames, primary trends for medium time...