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Timeframe

Trading Style verses Trading TimeframeHi all 👋 We all know about three types of trading styles -- investment, swing trading and day trading. Yet most traders remain confused when it comes to trading timeframes. Through this post I just want to eliminate this confusion once and for all. Let us understand some basics.... ✅ Anchor Chart This is the chart used to determine the trend of the market. It conveys a trader whether the market is in uptrend, downtrend or sideways. It sets a bias for the trader. It also conveys us the information about the major support and resistance levels. These levels may provide excellent trading opportunities in future. ✅ Trading Chart Now that we know the trend through the Anchor chart, we have to take our trading decisions. Anchor chart is too big to take trading decisions. Reason being your stop loss would be too wide if you trade on the basis of Anchor chart, so we have to shift to a lower timeframe. This time frame is usually 4-5 times lower than the Anchor chart time frame. This lower time frame helps a trader to pinpoint his entries and decide upon his stop-loss to avoid unacceptable losses. Also minor support and resistance levels are more clear on this chart. ✅It is your trading style which determines your trading timeframe. For more clarity, refer the chart above. ⏰ Bro tip 🚩Anchor chart helps you to trade in the direction of trend. 🚩When the trend is up on the anchor chart we should look for only buy set-ups on the trading time frame. 🚩When trend is down on anchor chart, we should look for only selling opportunities on trading time frame. 🚩When trend is side ways, buy at the support and sell at the resistance. Hope this post will be useful for some traders and to the very least reduce the confusion regarding timeframes. Thanks for reading @Bravetotrade
NSE:NIFTYEducation
by Bravetotrade
5
MACRO PICTURE OF SGX NIFTY LEVELS AND DATES TO BE OBSERVED CLOSELY SGX Nifty has shown major trend change in every 74 months and has taken support / resistance clearly from 5 years EMA. Currently the market is closing near its long term trend line and the 5 yr EMA is at 13072 levels. For those who are looking for the bottom then there is a different study on smaller timeframes but on a macro level 13000 can be a bottom for the ongoing crisis which can be achieved in the next 12-24 months if the situation does not change. Out of 74 Months Time Cycle and 60 Months EMA its only 14 Months where the market generally can be observed to outperform. So invest accordingly.
NSEIX:NIFTY1!
by pushpitchhabra93
Multi year breakout in Aditya Birla FashionFrom April'20, this stock has continuously shown us higher highs and now it stands at the breakout levels of 2016. It has great strengh and momentum to go over 100 points from here. This is at the good level after the breakout and retest is completed. Buy at current level with stop loss below 210. If you can take a good risk and hold for few months, go with SL of 204. Kindly note, this is only an analysis and not any recommendation. Please consult your financial advisor before investing.
NSE:ABFRLLong
by NandanChaturvediTrade
TCS positional setup Good candles on this trendline = extremely good long situations. Charts speak more than my words now here : low risk setup ;; huge rewards :) 💲💲 FOLLOW me @Averoy_Apoorv_Analysis and get these free analysis :) 💲💲 🔰 {Some info} ➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all. ➼I hope you will love my simple analysis style. ➼Feel free to suggest your view on this as learning is earning here :) ➼I take my trades on my Zerodha account :) ➼These charts are my and only my work, my thought process, just from an educational point of view and no calls. <<<<<>>>>>
NSE:TCSLong
by Averoy_Apoorv_Analysis
1
BATA India Mean Reversion Setup - Self explanatory & Annotated Chart - Key Levels are Marked - Enter at BO level @ 1340 - Exit at Target level @ 1445 , approx 7-8% upside - Time Frame is few Days - Stop Loss level for Risk as per your choice also mentioned - High probability setup based on AVWAP Study + Multi Time Frame + Pattern + RSI - Stock is Bullish on all time frames for a Mean Reversion (am not posting charts of other time frames but have a look for yourself) Good Luck :) If you find this Trade Idea helpful, please Like, Comment & follow me on Twitter to keep updated with my Trading activity & new ideas. Note: I rarely post Ideas on Trading View platform (have only recently started)
NSE:BATAINDIALong
by T_Harth
Asian Paints: Trend analysis (Long bias)Weekly Time-frame: Prices took support from long term support level and week ended with long wicked bullish candle. (long bias) Daily Time-frame: While analyzing weekly long wicked bullish candle, on daily time-frame prices broke the down trend-line with strong bullish momentum candle which signify possible trend change. 4H Time-frame: After breaking down trend-line on daily time-frame, prices also broke the immediate resistance zone/level with the momentum and made a higher high which confirms the up-trend. So, wait for pullback to occur towards support zone (above resistance zone which will act as a support now) for safest long trade. Conclusion: This price action on every time-frame confirms long bias so one can initiate a long trade once prices come out of this zone with stop-loss below support zone keeping own risk to reward ratio in mind.
NSE:ASIANPAINTLong
by SwapnilNemade