Profitable Trading The defining feature of day trading is that traders do not hold positions overnight; instead, they seek to profit from short-term price movements occurring during the trading session.It can be considered one of the most profitable trading methods available to investors.
The Rule of 90 is a grim statistic that serves as a sobering reminder of the difficulty of trading. According to this rule, 90% of novice traders will experience significant losses within their first 90 days of trading, ultimately wiping out 90% of their initial capital.
Trading
Gold: if this.... then that Current Price Structure:
There's a clear upward trendline forming from the November low
The market has formed a significant support zone (marked in green) around 2636-2640
A resistance zone (marked in red) exists around 2710-2720 level
Current price is showing bullish momentum at 2698
Multiple liquidity levels have been created above recent highs
The market has been making higher lows and higher highs, indicating bullish control
Potential Scenarios:
Primary target seems will be R1 at 2720.005
If price breaks above R1 , next targets will be R2 (2750.635) and R3 (2803.320)
Support levels to watch: S1 (2636.690), S2 (2584.005), S3 (2553.375)
The bullish structure remains valid as long as price stays above the upward trendline
INDIACEM Breakout Possible with a good upside potentialHey Family, there is a one more stock Which is showing a great opportunity.
Key Points:-
* Formation of Rectangular box Pattern in Daily TF.
* From Jul 2024 to Jan 2025 its in range.
* From Jul 2024 to Jan 2025 Tested & Moving Near Resistance Many times.
* It's Near resistance Zone and trying to Break Resistance Zone Only Enter when good volume good closing.
* Volume is not Rising.
* We have held off on publishing ideas on TradingView due to the bearish market trends observed over the past month..
What is your view please comment it down and also boost the idea this help to motivate us. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
ASHAPURMIN is Set to rally! Time to go Long!Hey Family, there is a one more stock Which is showing a great opportunity.
Key Points:-
* Formation of Ascending Triangle Pattern in Daily TF.
* From Dec 2023 to Jan 2025 Tested Resistance Many times.
* It's Break resistance Zone and trying to Sustain above Resistance Zone with good volume good closing required.
* Volume Accumulation (Volume is Rising).
What is your view please comment it down and also boost the idea this help to motivate us. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
Option and Database trading Options data captures information on options contracts, including pricing and trading volumes, useful for investment strategies. Discover our guide and top options data providers. Options are a type of contract that gives the buyer the right to buy or sell a security at a specified price at some point in the future.
PCR in trading The Put-Call Ratio (PCR) is a popular technical indicator used by investors to assess market sentiment. It is calculated by dividing the volume or open interest of put options by call options over a specific time period. A higher PCR suggests bearish sentiment, while a lower PCR indicates bullish sentiment.
XAU#3: Gold Rises and Trading Plan💎 💎 💎 Plan ahead to help you make a profit. Leave a comment and tag your friends to share. 💎 💎 💎
Today I will continue to bring everyone a perspective on XAU and the next trading plan.
1️⃣ **Fundamental analysis:**
📊 🔴 US inflation accelerated in December and the Fed is facing a new challenge. This increases risk sentiment for the market.
▫️ In addition, some analysts are pointing out that Trump's job cut plan could push the unemployment rate up. The US economy faces more risks, causing money to flow into secured assets such as: Gold, BTC ....
2️⃣ **Technical Analysis:**
🔹 **D Frame:** Yesterday's closing showed a strong increase in gold after the announcement of the inflation index. The price will continue to find the resistance area above.
🔹 **H4 Frame:** The bullish price structure remains intact.
🔹 **H1 Frame:** The price has completely broken through the resistance area of 269x. The next target will be the area of 2725~2752
3️⃣ **Trading Plan:**
Thanks to the previous plan, we have made a small profit. You can see that planning in advance gives us an overview and shapes our trading psychology
⛔ **Absolutely do not SELL** at the present time, when the price structure shows an upward trend in both the short and long term
✅** If you want to BUY in the right direction to make a profit**, we can completely wait until the price returns to the support zone below as I have drawn on the chart. Or if you cannot be patient, remember that you should trade with a small volume and accept that you will lose that amount of money
📌 For any questions, please contact us directly. I am ready to answer you for free
💪 **Wish you successful trading!** 🚀
Lecture for option trader Hammer & Hanging Man Patterns + Examples. 5min video.
Put Options: Buying vs. Selling. 3min video.
"Bread & Butter" Iron Condor Rules, POPs and Visuals. 4min video.
Instruments to trade Volatility. 10min video.
Strike Price - ITM ATM OTM. 7min video.
You can get started trading options by opening an account, choosing to buy or sell puts or calls, and choosing an appropriate strike price and timeframe. Generally speaking, call buyers and put sellers profit when the underlying stock rises in value. Put buyers and call sellers profit when it falls.
BTC#2 : Summary of things to watch out for in the current uptren🔥 The previous plan helped you make a profit. Leave a comment and share the joy. 🔥
Today I will continue to bring everyone a perspective on BTC and the next trading plan.
1️⃣ **Fundamental analysis:**
📊 🔴US CPI rose slightly more than expected in December as energy costs rose, suggesting inflation is still rising
▫️ In addition, a recovery in Bitcoin was supported by the release of December PPI on Tuesday, which showed weaker-than-expected inflation data.
2️⃣ **Technical analysis:**
🔹 **D Frame**: Yesterday's candle close shows strong market confidence in BTC rising. However, the price has reacted when touching the trendline. This is the area we need to pay attention to
🔹 **H4 frame**: The bearish price structure was broken when the price crossed 968xx and went straight to the trendline, which caused the bullish momentum to slow down somewhat. It is likely that we will need a slight correction to gain momentum to break the resistance area above
🔹 **H1 frame**: Looking at the price structure, you can see more clearly. The bullish wave has not shown any signs of ending, but the important resistance area requires us to be more patient if we want to find profits.
3️⃣ **Trading plan:**
✅ If you want to have a BUY position at the moment, my advice is that we can patiently wait for the price to test the support area of 958xx as I marked on the chart. Don't be hasty, when the R:R ratio of the important resistance area is always low. The bullish price structure also needs confirmation by a higher bottom than the previous bottom. FOMO at this time is not a wise choice
⛔ The resistance zone will always make you want to stop the ship. However, wait for the bearish price structure in the small time frame M5. M15 to make sure your judgment is correct. If you have a good position, you should not expect high profits when the bearish price structure is temporarily broken, closing part of the profit when the price touches support and leaving SL positive will be a wise choice.
💪 **Wish you successful trading!** 🚀
BTCUSD updated viewA resistance zone was created on BTCUSD at the 99113 - 99944 level.
Also at the same level from top to bottom one resistance trend line shows strong resistance in that area. while looking at the HNS pattern in RSI on a closing basis and both the resistance zone and trendline we need a strong closing above the zone with the trendline breaking, then we can see the bigger target in BTCUSD.
otherwise, BTCUSD will take the resistance from the trendline and zone and can see the support level again.
I already shared what-if support level breaks.
Gold Current PA before NFPCurrent PA on H1 showing bullish trend with consistent higher highs and higher lows. The ascending trendline acts as dynamic support, holding the structure intact.
The price has broken above pivot R1 level and is now sustaining above it, indicating a good strength on this time frame by buyers
The price is moving in impulsive waves (blue zigzag lines), showing controlled corrections before resuming the primary trend.
Liquidity is likely building below the ascending trendline. If the price breaks this trendline, it could indicate a sweep of liquidity before continuing upward or can lead to correction if price breakdown this support trend line. above this buyers are in control .
on bigger picture price is consolidating inside a Triangle and the direction is not clear on daily right now .
today we have NFP and Unemployment data which can act as main driver for next move
Gold PA Check: Bulls Taking a break Near 2,670 The price is hovering around 2,671, and , it seems like price is playing a bit of a waiting game here. We've got this nice upward trend (Short rally but still looking good) since late December, which is encouraging for the bulls, but we're seeing some hesitation at current levels.
For Intra day, I'd keep a close eye on that 2,680 level - if we break above that with decent volume, we could see a nice move up. But here's the thing - the volume's been pretty average lately, nothing too exciting, which suggests people might be waiting for a clearer signal maybe waiting for CPI data today.
For Swing/ longer-term positions, the setup actually looks quite healthy to till time. We're making higher lows, which is always good to see, and that support around 2,630-40 seems pretty solid. The big test will be whether we can push through that 2,700-2,720 zone - that's where things could get interesting.
One thing I particularly like is how the price is respecting that pivot level at 2,667. It's acting like a nice reference point for current PA.
The market's in a bit of a consolidation phase right now for Intra day - so if you're planning any trades, you might want to wait for a clear breakout with volume confirmation rather than trying to force anything in this choppy action.
Key risk level: Below S1 (2,636) would invalidate bullish bias for Intra day and for Swing .
Option trading Options are a type of contract that gives the buyer the right to buy or sell a security at a specified price at some point in the future. An option holder is essentially paying a premium for the right to buy or sell the security within a certain time frame.
When options are better. Options can be a better choice when you want to limit risk to a certain amount. Options can allow you to earn a stock-like return while investing less money, so they can be a way to limit your risk within certain bounds. Options can be a useful strategy when you're an advanced investor.
Technical trading part 2Technical analysis is a trading strategy used by investors to identify new investment possibilities. To anticipate future price movements of stocks or other assets, for example, past price and volume data is studied and shown on graphic charts, where trends, patterns, and technical indicators can be identified.
GOLD STORY #2: Things to watch out for when Gold corrects In the past 24 hours, the price of gold (XAU/USD) has dropped to $2,657/ounce, let's review the trading plan
🔎 1/ Fundamental Analysis
🔴 Global economy and market sentiment:
• Rising DXY Index: The DXY Index, which measures the strength of the USD against a basket of major currencies, crossed the 110.00 mark for the first time since November 2023. A rising USD usually puts downward pressure on gold prices, as USD-denominated gold becomes more expensive for investors holding other currencies.
• Positive US economic data: The latest jobs report showed positive Non-Farm Payrolls figures, reducing expectations that the US Federal Reserve (Fed) will cut interest rates, thereby supporting the USD and putting pressure on gold prices.
📊 2/ Technical Analysis
🔵 Looking at the H4 chart, you can see that the price is at the important support zone of 266x
🔵 The price structure of H4 and H1 has changed when Keylever 2664 has been broken
🔵 Looking at the H1 price channel, you can see that the price line shows that the sellers are still strong, the price trend is likely to find the support zone below at 265x
📈 3/ Trading Plan
🟢 BUY: We have to wait for a clearer price structure at the current support zone. Do not rush to place orders when yesterday's selling momentum has not been fully absorbed. Our buy plan will be based on the price structure I drew on the chart plan.
🔴 SELL
• If you currently have a good position at the resistance zone above, we can consider taking some profits and waiting for a better profit at the next support zone 261x~263x. Or:
wait for price reaction at the current support zone to establish a position
🐂 Which side are you on – BULL or BEAR? 🐻
💬 Leave a comment and discuss with the community!
**Scenario for BTC**1️⃣ **Fundamental analysis:**
📊 Nonfarm data last weekend was good for the USD and impacted the interest rate cut policy. It is likely that we will have to wait until June for the next interest rate cut.
📉 Current market sentiment is affected by this information, plus the recent sharp increase in BTC price has made many people doubt the momentum to continue to increase to a higher price range. Therefore, the increase has temporarily slowed down.
2️⃣ **Technical analysis:**
🔹 **Week frame:** Last week closed not very optimistically when the price reacted badly at the resistance zone of 101k~104k.
🔹 **Frame D:** The price structure is also not good when there are 2 peaks with the latter peak lower than the previous peak. The price is approaching the support zone but there is no clear reaction, it is likely to adjust to a lower support zone.
🔹 **H4 frame:** Based on the Zigzag line, we can see the classic head-and-shoulders pattern. At this time, we should not catch the bottom when the price has created a lower peak, showing that the market sentiment is no longer interested in the possibility of BTC's price increase.
3️⃣ **Trading plan:**
✅ If you have a **SELL** order in a good position, congratulations! 🎉 You can absolutely wait for a better profit when BTC is likely to break the current support zone to reach the next support zone of 85~86xxx.
⛔ **Absolutely do not BUY** at the present time, when the price structure shows a short-term downtrend.
💪 **Wish you successful trading!** 🚀
HCL Technologies Ltd view for Intraday 13th Jan #HCLTECH
HCL Technologies Ltd view for Intraday 13th Jan #HCLTECH
Resistance 2000 Watching above 2006 for upside movement...
Support area 1960 Below 1960 ignoring upside momentum for intraday
Watching below 1957 or downside movement...
Above 2000 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
Infosys Ltd view for Intraday 13th Jan #INFY
Infosys Ltd view for Intraday 13th Jan #INFY
Resistance 1980 Watching above 1982 for upside movement...
Support area 1940 Below 1960 ignoring upside momentum for intraday
Watching below 1938 or downside movement...
Above 1960 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
Wipro Ltd view for Intraday 13th Jan #WIPRO
Wipro Ltd view for Intraday 13th Jan #WIPRO
Resistance 302-303 Watching above 303 for upside movement...
Support area 295 Below 299 ignoring upside momentum for intraday
Watching below 295 or downside movement...
Above 299 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,