What is adx and how to use it ?The ADX indicator is designed to quantify the strength of a trend, regardless of its direction. It does this by measuring the degree of price movement within a given period. The ADX values range from 0 to 100.
The traditional setting for the ADX indicator is 14 time periods, but analysts have commonly used the ADX with settings as low as 7 or as high as 30. Lower settings will make the average directional index respond more quickly to price movement but tend to generate more false signals.
ADX below 20: The market is currently not trending.
ADX crosses above 20: A new trend is emerging.
ADX between 20 and 40: This is considered as a confirmation of an emerging trend.
ADX above 40: The trend is very strong.
ADX crosses 50: the trend is extremely strong.
Strategy
SENSEX Trade By Ramajitrade(RAM)🙏👑🤑✔hello guys welcome to Ramajitrade 🙏😊
Today Target is 65,170.00 we achive this target 100%.
Also i see fake breakout in sensex also retest in banknifty last day.
and please Trail your stop loss and try to hold.
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We Not Suggest you To Buy any Stock We just share our Ideas with you.
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Technical analysis and options trading can go hand in hand. Many of the best practices for options trading come directly from technical analysis concepts. Technical analysis focuses on price. Fundamental analysis does not solely focus on price.
what is option ?
Options are a type of derivative product that allow investors to speculate on or hedge against the volatility of an underlying stock. Options are divided into call options, which allow buyers to profit if the price of the stock increases, and put options, in which the buyer profits if the price of the stock declines.
RBI Forex Reserve Grow is this Good or Bad ?
1st 140 Billion loss hua hai or ab 20 Billion Grow hua hai to hai to abi bhi loss mai
Gover..t abi losss mai hai laken wo Backup bhi ready kr rhe hai take 2023 kese wjh se krab bhi jaye to economy
pe zada Farak na pade..
Bar Counting and Trading Setup.NSE:BAJFINANCE
In this video, we have discussed how you can count the bars to identify when a pullback is ending and use it for a trading setup to trade with the trend.
The Full setup is explained in the video, Watch and share with your friends.
Give a like and comment with your views or queries.
Keep learning,
Happy Trading.
Thank you
When to adjust Options - 5 Guidelines to stop your lossesIn this video, I discuss 5 Options selling guidelines which you can use to exit your option trades when they go wrong.
Selling options come with the risk of unlimited losses . That's why, the main aim of adjusting options is to put a cap to the losses , reassess the situation and increase profitability.
Follow @piyushrawtani for more!
Cheers =)
Gap up / gap down intraday strategy with simple entry / exitI get queries from a lot of people who don't want to study technical analysis much.
They're just focused on getting a predefined trading strategy, which they can use effectively in the market without looking much at the charts .
So, in this video, I share a strategy which has been given really good results and it works a lot of times and I believe the probability of this particular strategy is close to around 65 to 70%.
It has simple entry and exit rules, and you can only apply this particular strategy when the market opens gap up or gap down.
See, whenever the market opens gap up or gap down, there is high volatile period of the market during the beginning half an hour or an hour.
And in that period of time,if you place a trade, then you have a good probability if market moves as per expectation.
As you can see these days, nifty and back nifty have been creating gap up and gap down opening almost on a daily basis.
In this case, the first rule is that if the market opens gap up by more than half a percent.
So for example, if bank nifty opens gap up by more then 200 points. , then only you can apply this strategy.
And on the other hand, if nifty opens gap up or gap down by more than 50 or 60 points, then only you should think of applying this particular strategy.
Small gaps do not count in this strategy.
So if bank nifty gaps down or gaps up by only 50- 60 points, then avoid this strategy altogether.
See, whenever the market is opening gap up or gap down, there are two possibilities.
The market might continue the current trend.
For example, if the market opens gap up, the chances are that the market might move higher, or the other possibility is that the market might go sideways the whole day.
So ,in this case, whenever you see the market opening gap up or gap down by more than half a percent, just have to follow this simple procedure.
Just plot the 15 minute chart with a 20 exponential moving average.
Why 20 exponential moving average because the market usually gets good support and resistance around the 20 moving average.
You can expect the market to stall around the moving average for a lot of times if you take a trade.
So ,you just have to plot the 15 minute chart, and if the market gaps up or gaps down, you just have to watch the first 15 minute candle.
So if the market opens gap up and it forms a bullish candle.
Then , what you can do is you can sell puts if price breaks the first 15M candle high. You can sell puts with the stop loss at the low of the candle.
If the market comes below the low of the candlestick the first 15 minute bar, then you exit your position and book the loss.
Why sell puts?
The idea behind selling puts is that during the first 15-30 minutes, the volatility is on a very higher side during that period.
And if at that point of time you start to sell options, then with the passage of time, as the market starts to move sideways, the volatility reduces.
And, what occurs is a concept called IV Crush.
The volatility starts to reduce very quickly and that will give you a benefit if you sell a put, even if the market goes sideways.
So for example, the market formed a very big bullish candle, and the criteria is if it crosses the high of the candle ,sell puts .
So, the whole day, if the market is moving sideways/upwards , the volatility crush will start to happen.
And with the passage of time, you'll start to see the benefit of the IV Crush and the time decay.
So this is a very handy strategy which you can apply.
Always remember, keep the stop loss below of the first 15M candle.
It's a very effective technique, and it's based upon gap openings.
And ,the first 15 minutes usually tell us who is on the stronger side, who's winning , buyers or sellers.
So make sure the gap is big and whatever bar is being formed in the first 15 minutes.
If the bar is bullish, you sell a put If the price crosses the high of that candle stick, and stop plus below the low of that candlestick.
It's an effective rule based strategy and you can back test it on nifty and bank nifty.
And you can also check its reliability, its effectiveness, you can also add this particular strategy in your tool kit.
So I hope this strategy will provide some sort of value to you in your trading.
And if you find the video helpful, don't forget to like this and share it and also comment your thoughts.
Thank you very much and take care.
HIGH AND LOW STRATEGYIN THIS VIDEO I HAVE SHOWN SOME IMPORTAND POINTS REGARDING HIGH AND LOW STRATEGY
-High / Low strategy: Key Points
-Understand the Direction of Market / Stock
-with previous Day candles High & Low
-Stock Selection: 2 to 7% work well with 52wk High/Low
-Mark Support and Resistance in a Day time
-Then check in 15 mins time frame frame
-Keep SL as days low just before the Breakout/Breakdown
-TGT can be Previous High or 52wk High and above (Use Support and Resistance)
Do's & Don't
-Preparation: After Day ends or Before Market Start in the morning
-Risk Reward Ratio: can be 1:1, 1:2 and if you are lucky then 1:3
-This Strategy works only after 10 AM and before 3:00PM
-Stick to the system for SL / TSL
-Breakout / Breakdown : Entry in the trade after Breakout / Breakdown next candle.
THIS ARE SOME SIMPLE AND IMPORTANT RULES OF USING THIS STRATEGY
WORK ON FOLLOWING PONTS WHICH I HAVE MENTIONED IN ABOVE AND TELL ME YOUR RESUTS IN THE COMMENTS BELOW ALSO DONTS FORGOT TO LIKE AND SUBSCRIBE THIS YOUTUBE CHANNEL AND ALSO SHARE THIS VIDEO WITH YOUR FRIENDS
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BEST TRADING STRATEGY ON TRADING VIEW BIND BACK TESTEDThis video is about blind testing the world's best script on TV and see if it still generates the net profit of 4000-15000% of net profit in just 1.5 years . This means 40 to 150 times of initial investment in just 1.5 years. You can ofcourse deduct the fee/commission part of platforms and some more but still, this is too much. What I have done here is developed a pine script which when I applied to any market pair on cryptocurrency market generates staggering profits in just 1.5 years. Today, to make it purely blind I have used a mobile application to generate random numbers first and then with that number I select the market pair and apply my script to see the back testing results. Results are still the same as we saw in my first video about the script. Also, I discussed various ways people can take advantage of the script. People can either buy it and apply it own their own on any number of charts on any market and generate signals/calls for trading automatically or they can chose to go for Copy Trading Service where they don't have to do anything but just subscribe to my Copy Trading Services and grow with me and relax while my script does the job for both of us. For details you can message me or email me.