Get started

Tradesetup

S&P500 – TRADES | KW47 | INTRADAYIn today's post I present relevant marks of the S&P500 for the next week, which could support the one or the other, in their own analysis. = since it is a very short-term time frame, I will not comment further. = the technical analysis approaches, are shown in individual pictures in the contribution. So that an individual interpretation of the respective - standing alone - is possible. = the title picture shows an example, of a possible trade. This is one of many possible setups, because the current course is not able to take a clear direction. The following methods are used and shown in the following: - SUPPLY&DEMAND ZONES - FIBONACCI LEVEL - POINTS OF INTEREST - TREND LINES SUPPLY & DEMAND ZONES „4 hour + 1 day – time window“ „1 hour – time window“ „1-4 hour + 1 day – time window“ FIBONACCI LEVEL „Intraday - time window“ „Day - time window“ POINTS OF INTEREST „4 hour - time window“ TRENDLINES „Intraday - time window“ „Day - time window“ RAW VERSION WITHOUT DRAWINGS „4 hour - time window“ „1 hour - time window“ > Feel free to discuss this in the comments and share our perspectives, I'd be "burning" to hear your take on this. If this idea and explanation has added value to you, I would be very happy to receive a review of it. Thank you and happy trading!
OANDA:SPX500USD
by ZielIstDieAutarkie
Bearish View On BANKNIFTY Hello Guys BANKNIFY On Bearish View If BANKNIFY Breaks 41611 Then Do Sell First Target 41580 Second Target 41550 Third Target 41518 If BANKNIFTY Breaks Today's Low @41563 Then It Will Fall Upto 41463 If BANKNIFTY closes Above 41705 Then Go Long Please Trade With A Strict 🛑 Stop Loss Hope The Best Happy Trading And Protect Your Capital DISCLAIMER :- Iam Not A SEBI Registered Analyst If You Take Any Position Consultant Your Financial Advisor
NSE:BANKNIFTYShort
by Wealthcreation5
1
Analysis For Next WeekAnalysis For Next Week SGX Nifty is Consolidating From Today's Evening Session If SGX Nifty Is Breaks @17340 {And} @17430 Then It Will Move Higher If SGX Nifty Breaks @17200 Then It Will Free Fall Upto @16800 Then You Blindly Do Short Sell With Small STOPLOSS Don't Buy Call Options Sell Call Options And Buy Put Options SGX Immediate Resistance @17380 And @17430 If SGX Nifty Breaks @17430 Then It Will Upto @17646 SGX Nifty Immediate Support @17290 If SGX Nifty Breaks @17200 Then It Will Fall Upto @16800 If SGX Nifty Breaks Major Support @17200 Then It Will Fall Upto @16800  •  DISCLAIMER :-  • Iam Not A SEBI Registered Analyst  • If You Take Any Position Consultant Your Financial Advisor
NSEIX:NIFTY1!Short
by Wealthcreation5
5
30 mins candle sticks strategy for next day trading setup 30 mins candle sticks strategy for next day trading setup : I want to share a strategy which is based on candle sticks price action and the time period we should take as base. If we are able to find the setup at right time (trading sense) then win rate would be 60%+, works well in trending market; side ways market this setup may not work. Stop Loss is key and ensure to put it along with the entry. Calculation of SL is an art and science, spend time on understanding it first before catching up/learning any strategies. SL will save us from wrong entries and ensures capital is saved. We get many opportunities of trade setups, so avoid FOMO (fear of missing out). Will try to explain strategy in simple words. I also welcome constructive feedback to make this much more better and also request you ignore this strategy if this is not making any sense to you. I am sharing only for educational purpose and not recommending anyone for real trading. Thanks in advance! There will always be room for improvement and this is not any fool proof system/strategy and neither want to prove that this is correct, every transaction has a buyer and seller mindset. So please be cautious! What we need : Candle sticks of 15 mins time frame Confirmation with indicators should be in same trend with candle stick trend 1. RSI (For trend identification) 2. Stoch (Entry and Exit confirmations / Overbought and Oversold confirmations) 3. Any other indicator of your choice which adds value to setup and confluence Bit of explanation on time period: Indian market starts at 915am and ends by 330pm which has about 25 candlesticks of 15 mins (time frame). Sentiments of the market behavior will be based on the timings, like in the morning trend will have an impact of over night news and/or once Europe market opens its impact will be around 1pm.. etc. 315pm till 330pm will have all closures for intraday by brokers which directly or indirectly impacts the candlesticks. So ideally if we consider 245pm and 300pm candle stick, in total 30 mins; this would typically create a base for next day strategy. That means taking these two candle sticks and marking high and low of them will give us a preparatory base for next day on how to setup trade or what needs to be done. Rules of the game : Once we mark the high and low of 245pm till 315pm candle sticks, price moving up from the high can be considered our entry with a stop loss of just below the high line and look for a good RR. If the price goes down the low point marked then it can still go down and our entry can be at that place keeping stop loss just above that low line and look for a good RR. If market opens big gap up then chances of it falling till the high line are high; once it reaches this high line, it can further try for next target of touching low line. In similar way if market opens big gap down then chances of it raising up till the low line are high; once it reaches this low line and then it will try to touch the high line. If one entry has already come in any of above setup in a day then don’t expect that it will give you another setup as it would have exhausted already with the levels given; So one day one setup only. Stop Loss : There are various ways to keep SL here (Please work out acceptable SL as per your risk appetite and entry should be truly based once SL is identified correctly. If you do not know how to keep SL’s then this strategy may not work and also hitting of SL. Please be cautious!) 1. Just below high line or just above the low lines 2. Half of the market area, high and low 3. For a short entry at low line, SL can be high line or for a long entry at high line, SL can be at low line 4. Prior candle high or low or entry candle high or low 5. Or any of your best working SL ideas Risk Reward: If you are having good understanding of the market/asset where you are applying this strategy then ideal RR should be 1:1.5 and can be trailed for a bigger reward too. Please do a good back testing of this strategy. Avoid : • If you do not understand the strategy • If you do not understand how candle sticks are behaving • If candle stick pattern is not respecting high and low lines marked as mentioned above • If there is no confluence of the setup with indicators • When calculated SL is way high due to the formed candle stick (large or big candle stick, if taking entry after this candle) • When there is no confidence on the setup • Fear of Missing Out • In a sideways market, hitting of SL will be high Please do let me know if you have any questions would be happy to respond. Please do like and share this idea. Thanks Disclaimer : This analysis/strategy is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you! I will also put some examples (todays live charts) for better understanding :
NSE:BANKNIFTYEducation
by AdhigamaTrading
37
A smart trader can create a trade setup in range of 421 points. All-time high - 18595 Recent high - 18174 The difference between the All-time high and the recent high is 421 . Logically, this range will be crucial resistance. A smart trader can create a trade setup with a good risk-reward ratio by using his range. The previous strongest hypothesis reactionary has been seen 16850 nearby. That's the clear, range of 421 points is very useful for short sellers with highly effective rewards. The question is, what trade can exist in this range? You can create your trade setup by using this range and write in comment section. Ref. :
NSE:NIFTY1!Short
by Trade-Technique
6
Nifty50 Breakout from Broadening wedge FormationNifty stands at 17,833 levels as of today. Nifty is breaking out of it's broadening wedge formation for the first time since october 2021. The index has rallied by 18.5% from it's June 2022 lows of 15179 to 178333 level till last week. The crucial support on a weekly basis lies at 17,600 levels which acts as technically pivot levels beyond which stop loss levels have to be reset . Current major technical and Psychological resistance level stands at 18,000+ for this week where nifty saw a major resistance last week as well, Beyond this level we can see a minor correction but if momentum persists week on week basis we can see a rally upto 18600 by October-November . Crucial Levels: S1: 17600 S2:17400 R1:18000 R2:18349
NSE:NIFTYLong
by chandakpulkit