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Trend Continuation PatternBullish Flag Chart Pattern: Tata Chemicals Description: The flag represents a brief pause in a dynamic market move & one of the requirements for a flag pattern is that it should proceed by a sharp and almost straight-line move. It represents situations where a step advance or decline has gotten ahead of itself, and where the market pauses briefly to "catch its breath " before running off again in the same direction. Construction of Flag & Pole pattern: The flag resembles a parallelogram or rectangle market by two parallel trendlines that tend to slope against the prevailing trend. The flag usually occurs after a sharp move & represents a brief pause in the trend. The flag should slope against the trend. Volume should dry up during the formation & built again on the breakout . How to trade flag and pole patterns: The sideways period is often followed by another sharp rise. This is where the trading opportunity comes in. Once the flag pole and a flag or have formed, traders watch for the price to breakout above the upper flag/trend line. When this occurs, enter a long trade. Conclusion: 1-Flag patterns are a commonly used technical analysis tool and majorly a choice of breakout traders and swing traders. 2- Flag is formed when there is a minor profit booking in either an uptrend or a downtrend. 3- The pole is formed by a line that represents the primary trend in the market. 4- It is important that flags are preceded by a sharp advance or decline.
NSE:TATACHEMEducation
by Indrajit08
3
Kindly give 20 Minutes from your routine to this video and LearnLearning How to earn big profit on investment, And 20 Minutes are there, I am not here to entertain you and hence I make short videos. It is not like that, So, It is matter of profit and earnings so, If you feel bore to earn profit then It is your call, I have no problem, I gave here one Share with proper levels, You will learn something quality in my research, if it will happen then kindly like my video after you really like it... Big Return Potential .... Inside Video whole story is.... Thank You...
NSE:MOTILALOFSEducation
by Kuldeep_Share
THE JOURNEY OF A TRADER🎯 THE JOURNEY OF A SUCCESSFUL TRADER 📌This is very important to understand that a traders journey is not a pretty one. 📌It's filled with stress, highs, lots of lows and a lot of hours spent analyzing charts. 1️⃣ The start : HE/SHE Starts trading with the capital 2️⃣ Initial win / Euphoria : Beginning of an excitement for initial win without knowing what has actually happened, even though made some profit luckily or unlikely. 3️⃣ Losses / Slowing down / Low traction : After making some profit started betting all the money without having an idea of proper risk management and losing all. And started complaining about the market. 4️⃣ Pivoting / Drifting and Starts learning (The actual Journey) : Its never too late to start learning. Starts learning the art of trading and doing it properly this time. 5️⃣ Quit or continue : Confused whether to quit or continue. 6️⃣ Start working : Decided to not to give up and starts working harder this time. 7️⃣ Gaining Momentum : Every thing goes good and started to know about the market. Gradually getting to know the tricks, institutional behaviors, where to buy where to sell and when to exit. 8️⃣ Breakeven : Almost there. This is where traders will be in the line of no profit no loss point. 9️⃣ Consistency and Maturity in Trading : Following discipline with the perfection of trading, Traders starting to gain consistency. Even gaining few a bucks consistently over a period of time what is matters the most. 🔟 Success : Now success is not that simple for a trader, He / She had to go through all the struggles, obstacles, Ups and Downs and with the passion for trading.
NSE:BANKNIFTYEducation
by PriceAct-fugazitrader
6
Reason Behind Nifty Future Touching 16,546 Explained + Examples!Today, NSE:NIFTY1! technically hit an ATH of 16,546.50, nearly 5% more than the opening price. Why did this happen? What's the reason? And how do buyers and sellers work? Basically, buying increases prices. As long as buying is strong, prices will increase. As soon as sellers start taking control from buyers, price will first slow down then stop going up and then come down. That's, in essence, what we saw today.
NSE:NIFTY1!Education
by MarketsWithKR
Trader's Queries - Capital requirement for tradingQuery : How much capital is needed to trade? This is one of the most frequently asked query from new traders. I have seen people who have the opinion, “50 Lakh or one crore capital make trading safe & secure”, “only people who have capital more than 50 Lakh only earn money from trading” etc. Its true that without capital we cannot start any business. Its also true that we don’t need 50 L to one crore to start any business. Trading is a business. Its the only business which has the capacity to give us unlimited profit. To reach that level of gaining “unlimited profit”, a trader has to make him qualified. So when a trader is preparing himself to become a “pro trader”, he has to start with the amount he can afford to lose. Meaning, a person should not borrow or get loan to trade. The capital should not make a person sad or depressed if he lose his entire capital. Remember, a trader won’t gamble if he treats trading as a business instead of casino. Understanding this is the key for your success in trading.
NSE:CNXITEducation
by vanathi
11
Example of Markov ChainLets start with an example of NIFTY. Tomorrow, NIFTY can have three states - It can either end in green. It can either end in red. It is in the same place. Note - On any given day, NIFTY will be following one of these three states. Now, as per the theory of the Markov Chain, We need to assume that, tomorrow's state of NIFTY depends on today's state. So, What happens today is dependant on yesterday's state and so on! In other words - there is a way to predict what will be the state of NIFTY tomorrow if you know the state of NIFTY today. This diagram shows an example of such a Markov Chain with assumptive probability values
NSE:NTPCEducation
by Amit_Ghosh
2
Setups are not as important as you thinkSetups are a very small part of what is necessary for a complete trading system, yet people still claim their setup conditions are their systems. When you see the setups in stock, you have an increased probability that the stock will go up. But it is through position sizing strategies & managing the ratio of risk to reward throughout the trade that produces great profits in the trade. DR REDDY: Positional & Swing Pick!!! Method: Support & Resistance role reversal Risk Management: Risk only 2% of your capital Buy 30% of your position at CMP, and wait for the pullback, if the price respects the level of 5500 execute your 70% position. Mindset: Note= Trade with probabilistic mindset, no matter how much analysis you do there is always a 50-50% chance. Our main objective is to ''Cut your losses short and let your profits run.' ' Remember to be profitable you don’t have to be right every time, you just have to be right big and wrong small.
Editors' picks
NSE:DRREDDYEducation
by Indrajit08
11
📚 Leveraged & Margin Trading Guide + Examples ⚖️ Leveraged trading allows even small retail traders to make money trading different financial markets. With a borrowed capital from your broker, you can empower your trading positions. The broker gives you a multiplier x10, x50, x100 (or other) referring to the number of times your trading positions are enhanced. Brokers offer leverage at a cost based on the amount of borrowed funds you’re using and they charge you per each day that you maintain a leveraged position open. For example, let's take EURUSD pair. Let's buy Euro against the Dollar with the hope that the exchange rate will rise. Buying that on spot with 1.195 ask price and selling that on 1.23 price we can make a profit by selling the same amount of EURUSD back to the broker. With x50 leverage, our return will be 50 times scaled. With the leverage, we can benefit even on small price fluctuations not having a huge margin. ❗️Remember that leverage will also multiply the potential downside risk in case if the trade does not play out. In case of a bearish continuation on EURUSD , the leveraged loss will be paid from our margin to the broker. For that reason, it is so important to set a stop loss and calculate the risks before the trading position is opened. ❤️Please, support this idea with a like and comment!❤️
OANDA:XAUUSDEducation
by VasilyTrader
3
MAKE MONEY - NEVER TAKE SUPPORT AND RESISTANCE FOR GRANTEDHi Friends and Fellow Traders, The Simplest , Age Old technique of Support and Resistance , Time Proven and Tested and Deployed By Institutions. MOST IGNORED BY RETAIL TRADERS : STOP AND LEARN NOW !!! NO NEED FOR FANCY INDICATORS , TOOLS AND ALGORITHMS Pure Price Action Can Do Wonders To Your P&L. Watch and Learn With Me. Comment If You Have Any Doubts #PriceAction #SupportandResistance NOTE : This is the output of back testing in REPLAY MODE and NOT by simply marking these positions by looking at the prices post occurrence. This is a real world demo for your to practice on LIVE charts and not on staged data. TRY THIS ON ANY CHART IN REPLAY MODE AND SHARE YOUR FEEDBACK
NSE:TITANEducation
by FourSTechnicalAnalysis
1
Consistent Trader - Chapter 4Lets start this week’s chapter with the story of “rabbit & tortoise” Rabbit & tortoise decided to have a running race. Race 1 : In between the race rabbit slept & tortoise won. Moral of race 1 : You should take continuous efforts to become a successful trader. Race 2 : This time rabbit did not sleep and won. Moral of race 2 : No strategy will work 100%. Accept that fact. Race 3 : Tortoise wanted to win the race & changed the strategy. So it challenged the rabbit to reach the other side of the river. Rabbit ran along the border of the river & took more time to reach the other side. Tortoise just swam across the river & reached the other side. Tortoise won. Moral of race 3 : Select the strategy as per the market situation. Adapt fast when market structure changes. Race 4 : Both rabbit & tortoise became friends. They decided to take turns in winning the races. Moral of race 4 : Success/profit will sustain when there is no or less ego. In trading when your stop got hit, accept it & close the trade. Dont do revenge trading. Think different than other traders to be profitable. Profit does not depend on fancy indicators or techniques. It depends on how you manage your emotions during trading & execute the trade. The rabbit had good speed, but in race 1 it lost because of wrong execution. Similarly a good strategy or good trade set up which is not executed properly can take away your profit. (To be continued next week...)
CEducation
by vanathi
6
Market Wizard Books.Curated Version: These are enough for those who really want to deep dive into the world of finance. Don't think reading only these you're able to do financial modeling things simply do fundamental as well... Company Financial statements are another thing. Going through out these books you'll able to think or relate dots in the Financial World. Foundation of stock market start with Dow theory and end up with Neural Networks. You have to work on your way of processing the information.
NSE:EICHERMOTEducation
by rajveerscolia
Banknifty Target and Prediction-Intraday 8 thJune Check out daily Nifty and Banknifty Target for Intraday & Prediction for Tomorrow.These Forecast are based on some of the most used Technical Indicators; hence, they are expected to give accurate predictions. This Index Target, Forecast or Predictions should be used only for reference & educational purposes. The Data or Information provided may or may not be accurate or reliable for Investment & hence, should be used at one’s own risk
NSE:BANKNIFTYEducation
by OptionTrendAnalysis
Nifty Target and Prediction - Support & Resistance -08-06-2021Check out daily Nifty Target for Intraday & Nifty Prediction for Tomorrow.These Forecast are based on some of the most used Technical Indicators; hence, they are expected to give accurate predictions. This Index Target, Forecast or Predictions should be used only for reference & educational purposes. The Data or Information provided may or may not be accurate or reliable for Investment & hence, should be used at one’s own risk.
NSE:NIFTYEducation
by OptionTrendAnalysis