Chart Patterns
Why PRO takes losses and everybody else LOSESTrading isn’t just about making gains—it's about managing losses like a professional. Here are some ideas on what separates amateurs from seasoned traders and how you can elevate your mindset:
Shift from Emotion to Execution:
Pros don't get attached to trades. They let data guide decisions, not emotions. Instead of celebrating a win or stressing over a loss, they focus on consistent execution. Tip: Try setting specific exit rules before you enter a trade, so you’re never swayed by market noise.
Embrace Small Losses to Avoid Big Ones:
Losing trades are inevitable, but pros keep them small. Amateurs sometimes hold onto losses, hoping they’ll recover, while pros cut losses early. Tip: Adopt a strict risk-reward ratio and stick to it. Think of it as a way to protect your capital for future trades.
Every Loss is a Lesson:
Professionals look at every losing trade as data, not failure. They analyze it: Was there an overlooked signal? Did the market behave unexpectedly? They use losses to refine strategies. Tip: Keep a trading journal. Record wins and losses along with your thought process. Patterns will emerge over time.
See Trading as a Business:
For pros, trading isn’t gambling; it’s a business. They’re less concerned with each individual trade and more focused on their overall strategy and risk management. Tip: Calculate your monthly performance, not just individual trades. Aim for consistent, steady growth.
Stay Calm During Drawdowns:
Market conditions change, and even the best traders experience drawdowns. It’s about staying in control, sticking to your plan, and trusting your process. Tip: Take a break if emotions start taking over. Sometimes stepping away can be the best decision you make.
Remember: Trading is a journey, not a sprint. It’s not about winning every trade but about thinking long-term, focusing on learning, and developing resilience. Keep pushing forward, keep learning, and most importantly, keep trading smart!
BTCUSDT Analysis: Bullish Momentum and Key Support ZonesBTCUSDT is currently trading around 75,740 USDT after a recent bullish push, suggesting strong upward momentum. The chart shows clear support zones (highlighted in purple) that Bitcoin could revisit in case of a pullback, specifically around 74,000 USDT and 72,500 USDT.
If BTC holds above these support levels, it could gain further traction to reach new highs, with targets in the 78,000 USDT - 80,000 USDT range. The current trend suggests that if Bitcoin retraces and tests the support, it could present a buying opportunity for traders looking to join the next potential leg up.
Keep an eye on these critical levels, as a break below the 72,500 USDT support might indicate a shift in trend. However, for now, the bullish scenario remains intact, with promising upside potential if buyers continue to dominate.
Do you believe in cyclicality? Look at the chart of this #CTSI* The peaks marked 1️⃣2️⃣3️⃣ all peaked 315 days apart.
Hard support zone at $0.1
So will the next cycle repeat and create a peak at 0.55 $ 4️⃣
If you believe, then scoop it up and wait for it to reach 300% in 154 days at the current price.
Test chartTerra Classic crypto was trading at $0.0000929 at press time which has remained neutral over the past 24 hours. Its market capitalization was $507.21 Million and the 24-hour trading volume was $27.52 Million.
XAUUSDENTRY TARGET SL Mention in the chart.
ALWAYS TAKE TRADE WITH CONFIRMATION
Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
Asian paints Funda and 2021 to 2024 distribution TGT-below1600technically from 2021 to 2024 asian paints has seen distribution i think by now smart money has already exited
Asian Paints
last all quaters has profits around 1100-1200 cr
This quater 694 cr which is very massive dip in profits
current p/e 52
sector p/e 47
i think asian paints is now no longer market leader
so considering these profits constant for next three quaters also then
keeping P/e also constant at 50 stock fair price would be 1600 where eps is taken as 32 (Trailing Twelve months)
if pe also falls asian paints fair valuation comes around 900-1200 rupees Thats a lot of gap
fii hold 15%
others hold 8%
public around 18%
i think asian paints facing severe competition from
berger paints
grasim
indigo paints
sirca paints
mrf (also has paints )
and many other local players
Disclaimer- Just my view and opinion trade at your own risk not an investment advice
these are only for educational purposes
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in VIJAYA
BUY TODAY SELL TOMORROW for 5%
reliance support and resistant linethis stock is trading an important crucial trend line (1290 - 1300) which acts as resistant previously and at present it is acting as good resistant.
if this trendline breaks upper side bullish will continue or if it breaks downside bearish may continue.
I don't recommend taking trade based on this idea.
consult your SEBI registered adviser to Know the market risk before trade.
in.tradingview.com/pricing/?share_your_love=johnbritto2088
Bank Nifty next Big Move its going to fill you pockets get readyBank nifty on bigger time frame looks super good fallowing price action and super good position to make a perfect trade in upcoming days
XAUUSD is turning bullish after a great bearish pullbackAfter a big correction XAUUSD has broken its structure at the level of 2663.91 and also changed its character at the level of 2669.48 so i have entered a long trade at the level of 2663.91 with a stop loss of 2643.14 and i'm targeting a big reversal of level 2749.5 and 2790.15 once it gives a strong closing above 2678.11
Gold Takes a Breather.. Retracement or Reversal?Price action between 2600 and 2750 will decide future of Gold, Whether it will continue to remain bullish or Witness a healthy correction.
Below 2750, 2600 will remain a decent possibility.
Sustaining Below 2600 will open Doors to 2400.
See You out of the Range Again
Swing tradingSwing trading is a trading strategy in financial markets where a tradable asset is held for one or more days in an effort to profit from price changes or 'swings'.
The stock has good support at 1280.
CMP : 1305rs
one can accumulate the stock for short term target 1400rs.
Pudumjee Paper Products Limited - Breakout Setup, Move is ON...#PDMJEPAPER trading above Resistance of 129
Next Resistance is at 178
Support is at 85
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Icici About to break out of the Bullish Channel?Below 1250, 1170 could be tested In ICICI Bank.
Quick move around the Corner..
Welspun Corp - Breakout Setup, Move is ON...#WELCORP trading above Resistance of 750
Next Resistance is at 916
Support is at 614
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
IMFA - Breakout viewIMFA :
Resistance breakout done
Sustaining 820 levels is crucial for an alltime high
Gold Price Plunges Under Pressure From Rising USD and US StocksThe current chart shows that gold prices are under great pressure as the USD Index surged to 105.12, making the USD stronger. This has reduced the attractiveness of gold to international investors. In addition, optimism about the US economic outlook under President Donald Trump and expectations that the FED will pause interest rate cuts have also contributed to the decline in gold prices.
The next important support level is at the $2,620/ounce area, a price level that has previously produced a rebound. If the price falls to this level, this could be the point where traders wait to see if there is enough buying pressure to create a temporary recovery. However, if the price breaks the $2,620 level, the price is likely to continue to fall further, towards lower support levels such as $2,600 or $2,580/ounce.
Given the current economic factors and the growth outlook of the USD, gold may continue to be under pressure in the coming time, especially when the demand for holding USD is still increasing.
GOLD TRAP AND ANALYSIS NOV 8TH 2024Analysis Update on Gold (XAUUSD)
Currently, gold is exhibiting a bearish scenario overall. Price recently rejected an order block and has been forming a series of lower lows and lower highs. The last significant low was broken, and price is now at another order block. Should we observe a solid rejection from this level, it could signal a strong continuation downward with momentum toward 2666, which is the next order block below.
To confirm this bearish setup, we’ll be watching for clear rejection signs from the current order block before initiating any short positions.
Additionally, there was a notable double-bottom trap on the 5-minute timeframe. Price initially formed a double bottom, broke structure (BOS), retraced, and then made another upward move to attract retest buyers. This was followed by a sharp reversal to the previous swing low, sweeping liquidity and aggressively trapping late buyers. This manipulation setup emphasizes the importance of identifying and using these traps as an advantage in trading.
Remember, in markets like these, manipulation can look intimidating, but recognizing these patterns can turn them into fuel for strategic trades.
NTPC - short for 10 %sequqnce of changes impying bearish trend is explained in figure
price action had 3 lower lows - implies a change in trend
price ended below the pivot level of 426 (august level)
price breached 18 day EMA with decent volumes
inside bar formation below 18 day and price facing resistance from 18 day for 4 days
MACD are bearish
Target and SL marked
Chaman Lal Setia Exports Ltd - Breakout Setup, Move is ON...#CLSEL trading above Resistance of 343
Next Resistance is at 386
Support is at 271
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Chaman Lal Setia Exports Ltd - Breakout Setup, Move is ON...#CLSEL trading above Resistance of 271
Next Resistance is at 343
Support is at 199
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
