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Trend Analysis

Spinning Point(Krasnov Model)Namaskar! My name is Michael, today I want to share with you price analysis method which was indentified and first described by high level trader from Russia D.B. Krasnov. This method is used to predict price target zone. If you spend enough time training to indentify Spinning point on chart, you will be able to find quite a lot of them and it will help you to improve your trading level. The best way to confirm Spinning point(when you think you found it), is to explore this place on lower timeframe(M1-3-5). While exploring you should "like" how Spinning point looks. Understanding the logic of formation of Krasnov Model will help you to plan your trading. The idea is quite simple: You need to find, while the wave is rising/falling, somekind of a tested point, which price passes through and then comes back and backtests it and continue to rise/fall, this point presumably should be the middle of the wave(it can be local wave or global one). Bar which is tested from both sides shouldn't be consumed/forced, otherwise Spinning point counts as broken. Usually Spinning point has the lowest horizontal volume(not the volume indicator) in the wave. When Krasnov Model has reached its target, and the price comes back to test it, sometimes we can see resumption of buys/sells. Here are some examples of Spinning point on BTC chart I want to share with you, to make it easier for you to understand what are we looking for. Wish you good trades!
BITSTAMP:BTCUSDEducation
by mikhail_marka
'CONTINUE' trading with 'CONTINUATION' pattern !!!!Market can be either in trending phase or in a range-bound phase. No trend generally lasts forever in the market. After prolonged or medium or shorter duration up and downtrend, the market often reverses and a move starts in the opposite direction of the prior move. Often we find that well defined geometrical patterns are formed in the chart which provides good indication of price reversals. These patterns are called reversal classical chart patterns. When they are formed as a bullish reversal pattern they are said to be part of accumulation. On the other hand if they are formed at the top of a price move just before bearish reversal, then they are part of distribution. However, a geometrically shaped consolidation does not necessarily mean price reversal. Often price resumes the erstwhile trend post the consolidation move. These are called continuation classical chart pattern. We will discuss about few of the classical chart patterns in the following tutorial. -> Triangles -: Triangles are one of the most well-known chart patterns used in technical analysis. The three most common types of triangles, which vary in construction and implications, are Symmetrical Triangle, Ascending Triangle and Descending Triangle. These chart patterns are considered to last anywhere from a couple of weeks to several months. These are areas of consolidations after a trending move and are generally continuation patterns, i.e. the erstwhile trends resumes after the breakout. However, in certain cases they act as reversal patterns. They can appear both in up-trend and down-trend. -Symmetrical Triangle -: This kind of triangle is formed when the price of the script consolidate in range which is getting narrower with the time, i.e. the sequence of lower highs and higher lows. -Ascending Triangle -: This kind of triangle is formed when the price of the script consolidate in range which lower bound is getting higher with a stiff upper bound, i.e. the sequence of higher lows but almost equal highs. -Descending Triangle -: This kind of triangle is formed when the price of the script consolidate in range which higher bound is getting lower with a stiff bottom bound, i.e. the sequence of lower highs but almost equal lows , it is juxtapose of ascending triangle. -> Flags & Pennants -: These two short-term chart patterns are continuation patterns that are formed when there is a sharp price movement followed by a generally sideways price movement. The patterns are generally thought to last from one to three weeks . They can appear both in up-trend and down-trend. Flag : Pennant: -> Rectangles -: Often there will be pauses in a trend in which the price action moves sideways, bound between parallel support and resistance lines. Rectangles, also known as trading ranges, can last for short periods or many years. This pattern is very common and can be seen often intra-day, as well as on longer-term time frames. ->Mechanism of Continuation Patterns -: Continuation patterns provide some logic to the price action. By knowing the patterns, a trader can create a trading plan to take advantage of common patterns. The patterns present trading opportunities that may not be seen using other methods. Unfortunately, simply because the pattern is called a "continuation pattern" does not mean it is always reliable. A pattern may appear during a trend, but a trend reversal may still occur. It is also quite possible that, once we have drawn the pattern on our charts, the bounds may be slightly penetrated, but a full breakout does not occur. This is called a false breakout and could occur multiple times before the pattern is actually broken and a continuation or a reversal occurs. Rectangles, due to their popularity and easy visibility, are highly susceptible to false breakouts. Patterns can also be subjective, as what one trader sees is not what another trader sees, or how another trader would draw or define the pattern in real time. This is not necessarily a bad thing, as it can provide traders with a unique perspective on the market. It will require time and practice for the trader to develop his or her skill in finding patterns, drawing them and formulating a plan on how to use them. My Observation -: These geometrical patterns are formed after a trend in that particular stock, it generally resumes the previous trend after being out of the pattern but some times it reverses the previous trend hence, it is advised to wait for the conformation to play the pattern. In the next publication I'll try to elaborately explain continuation patterns like - head & shoulder, double top & bottom, wedge; Till then, #Enjoy_trading
NSE:NIFTYEducation
by Chaser30
4
How to use the heatmap on TradingView? Hey everyone! 👋 You may have already seen plenty of cool TradingView heatmaps floating around social media. In case you haven’t, here is what a heatmap looks like: This short visual guide will help you in accessing and customizing our awesome heatmap feature. 1. When you open TradingView, you will see a toolbar at the top with various options, including “Screeners”. 2. If you hover over it, you will see 5 options, namely: - Stock screener - Forex screener - Crypto screener - Stock heatmap - Crypto heatmap You can choose the heatmap as per your preference. 3. Let’s assume you want to check the “Stock heatmap”. So, you just click on it and it will display the heatmap of the US market by default. There is an option at the top-left corner to change the “source” of the heatmap. 4. When you click on the source option, it will open a list from which you can select your desired source. 5. As soon as you change the source, the heatmap will automatically get updated. You can customize the heatmap by change %, sectors, market capitalization, or performance. 6. Last but not least, you can also save and share your heatmap directly from the social sharing button. 7. If you need more help, you can check out this short video tutorial - How to use the heatmap on TradingView? Thanks for reading! Hope this was helpful! See you all next week. 🙂 – Team TradingView Feel free to check us out on Twitter and Instagram for more awesome content! 💘
Editors' picks
NSE:NIFTYEducation
by TradingView
20
RELIABLE CANDLESTICK PATTERNPattern Name: Bullish Engulfing Pattern Type: Bullish Reversal No. of Candles: 02 How to Identify it? 1)There must be a preceding Downtrend. 2)A short Red candle followed by a long green candle. 3)The Green candle should open lower & closes higher than the Red candle. 4) The Green candle should completely engulf the Red candle. The psychology behind it : 1)The Bears lose momentum & the Bulls take charge and manage to close above the red candle. 2)It implies the bulls have fully overridden the bears. How to trade it? 1)Look for the Bullish Engulfing at the bottom of the Downtrend. 2)Upon confirmation, open a Long position in the 3rd Candle. 3)Place a Stoploss below the low of the Green candle.
NSE:HDFCBANKEducation
by farhanf7867
MOST RELIABLE CANDLESTICK PATTERN Pattern name: Bullish Engulfing Pattern Type : Bullish Reversal No. of Candles : 02 How to Identify it ? 1)There must be a preceding Downtrend. 2)A short Red candle followed by a long Green candle. 3)The Green candle should opens lower & closes higher than the Red candle. 4)The Red candle should be completely engulfed by the Green candle. Psychology behind it : 1)The Bears lose momentum & the Bulls take charge and managed to close above the red candle. 2)It implies the bulls have fully override the bears. How to trade it ? 1)Look for the Bullish Engulfing at the bottom of the Downtrend. 2)Upon confirmation, open a Long position in the 3rd Candle. 3)Place a Stoploss below the low of the Green candle. Happy Trading :) -Divyaa Pugal
Editors' picks
HEducation
by Divyaapugal
35
3 periods Relative Strength When near, intermediate & far period relative strengths get into sync just like moving averages, it shows maximum trend strength. lets say ... near rs crosses 0... 1pt interm also crosses 0... 2pts far also crosses 0... 3pts i use 10 21 55 time periodes which are selected as they will be in sync with my Rsi indicator settings of 10 21 rsi crossover. Disclaimer: it's just educational purpose about Relative strength and link between different time periods.
NSE:TATAMOTORSEducation
by VarunNeel90
Breakout In USDINR Breakout In USDINR - Rising dollar value against Indian rupee is leading to further decline in Nifty 50 Index. If you think deeply about this, you can see it’s an Indication of FII squaring off or liquidating their holdings from Indian markets. When FII want to invest in Indian markets; they’ve to convert USD to INR, which would cause the Dollar value to decline against Indian rupee. Vice versa, when they want to liquidate(SELL) their investments; they’ve to convert INR back to USD, which would cause the Dollar value to shoot up. In the present situation, we are witnessing a similar scenario. It’s very wise to conclude that FII are driving the Price Action in Nifty 50 or at least majority of the sharp market moves we have seen so far(8000 - 18500), happened because of that. So in coming days, to get a better insight of Market sentiment in #Nifty50, Traders/Invester should keep an eye on the Price Behaviour of USDINR. Doing so will give an informed perspective to trade the markets.
Education
by Usemerr
Learning is extremely crucial investinglearning is the process of learning merely by observing our surroundings life is too small to make every mistake and then learn from it. A smart person always learns from others mistakes. Importance of Vicarious learning in investing Profit booking: Behavioural scientists have often proposed that we feel the pain much more than pleasure. If we have had a bad experience of stocks in the past, then, we are pretty sensitive towards the pain. And, in that process, we may not prefer to sell bad performing stocks because we don’t want to incur any more losses. And, we may keep thinking about booking heavy profits from stocks while still holding on to bad stocks, but, is it going to work this way? So, vicarious learners learn that to incur good profits, it is important to critically evaluate bad performing stocks, and get rid of them at the earliest. Quality Check: When it comes to mutual fund investment, the idea of staying invested for long works out for better. But, for an individual investor the same does not work in case the stock pricing go wrong due to some damaging cause such as fraudulent activities of the management. So, here waiting to see things turnaround wont make much sense. Thus, vicarious learning in stock investment teaches you to believe in value investing by deeply analysing the companies on varied fronts rather than simply investing for the heck of it. Winning stocks: Many self-investors believe in keenly observing the winning stocks as they are still not able to decide whether they would want to invest in those stocks. Vicarious learning goes a long way in teaching investors to formulate a couple of strategies before blindly investing in winning stocks. Correcting errors: Vicarious learning teaches us to correct our errors by observing other expert investors. Instead of limiting the potential to invest, it is rather imperative to learn from mistakes and keep investing. Fears take over investors only when they refuse to learn from the mistakes they have made in the past. So, vicarious learning plays a major role in correcting errors and overcoming the fear of investment. Value investing: Vicarious learning teaches us a lot about not just investment but about approaching the life in a much better way. The legendary investors like Warren Buffet and Charlie Munger are the perfect examples of vicarious learners. They devised their own theories and strategies for investment with the valuable learnings they derived by being keen observers. And, now the entire world of investors has turned out to be vicarious learners trying to learn the investing psychology of Warren Buffet and Charlie Munger.
NSE:NIFTYEducation
by ProfitPicks
2
How do Breakout traders get trapped?In the example above, note the following: - Warning candles: Doji + Hammers + bearish candles indicating exhaustion and a lack of follow-up. - A relatively higher volume on hammer & doji, which is never a good sign for a breakout because it indicates significant selling pressure. - A bullish breakout must always be accompanied by a good follow-up, else it won't sustain. Bullish BO needs good bullish candles, NOT dojis. Notice how a small wick (on the daily chart) looks like a clear liquidity hunt on lower time frames. Underlying concepts: 1. The market was moving sideways and generating liquidity on both sides. 2. In general, when the market is ranging, different participants place orders with a different bias. Hence, there is liquidity on both sides. 3. For a bullish market, the price must form a series of higher highs and higher lows. Similarly, for a bearish market, the price must form a series of lower highs and lower lows. 4. Whenever the price reaches a resistance level, there are 2 types of traders that take positions: - Those who short the level in anticipation of it acting as a resistance. - Those who long early in anticipation of resistance being taken out. 5. The stop losses of these traders act as liquidity. A short position has a “buy order” as SL, whereas a long position has a “sell order” as SL. 6. In general, almost everyone is aware of how the retail participants place their stop losses. They are either: - Above/below an important swing level such as a support, resistance, day high, day low, etc. - Above/below a demand, supply candle. - Above/below the candlestick pattern such as a shooting star, hammer, and doji. - Above/below the charting pattern. 7. The market moves from one zone of liquidity to another. 8. As a retailer, you may not realize the importance of a small wick. The small wicks are more than enough to liquidate plenty of positions. Psychology and Behind the scenes stuff: 1. When the price reached the resistance level, 2 types of traders started opening positions. - Aggressive shorters who shorted in anticipation that the level will hold. - Aggressive longers (those who don't wait for confirmation) who were waiting for the candle to close above the resistance. 2. Both of these traders opened their positions and placed their stop losses in the system. 3. The banks/institutions have fairly complex algorithms that can easily identify these positions. 4. The stops of these aggressive participants are taken out fairly easily and the market moves from one zone of liquidity to another. Thanks for reading! Hope this was helpful. If you need a PDF of this post with all the charts and write-up, check out the signature section (under the post). Disclaimer : This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk. Happy learning. Cheers! Rajat Kumar Singh (@johntradingwick) Community Manager (India), TradingView
Editors' picks
NSE:POLYCABEducation
by johntradingwick
56
What is Bearish divergence?Hey everyone! 👋 Last week, we explained some of the basics to know when it comes to understanding bullish divergences in the markets. If you haven’t read that post, be sure to check it out here: In this post, we are going to examine just the opposite: bearish divergences! Please remember this is an educational post to help everyone better understand investing and trading principles. In no way are we trying to promote a particular style of trading. Table of contents: 1. What is bearish divergence? 2. Types of bearish divergence 3. Some examples When the price of an asset is moving in the opposite direction of a technical indicator, such as an oscillator, it is called divergence. Divergence warns about potential underlying weakness in the current trend. What is Bearish divergence? A bearish divergence occurs when the price rises to a new high while the oscillator fails to reach a new high (exception being hidden bearish divergence). It indicates that the buying pressure is decreasing and the bears may soon take over the market. Generally, a bearish divergence occurs at the end of an uptrend. It has two sub-types: - Classic bearish divergence - Hidden bearish divergence What is classic bearish divergence? The classic bearish divergence occurs at the end of a bullish trend and indicates that a trend reversal may occur soon. In this, the price and the oscillator always either form a higher high or an equal high. It can be subdivided into 3 types, based on the strength. 1. Strong Bearish Divergence In strong bearish divergence, the price forms higher highs but the oscillator forms lower highs. This means that the buyers are not buying at the same momentum i.e. the buying pressure is decreasing. Price : Higher highs Oscillator : Lower highs Exhibit: Strong bearish divergence Exhibit: Strong bearish divergence followed by a reversal 2. Medium Bearish Divergence The price makes double top (almost the same level as the previous high) and the oscillator makes lower highs. This indicates that at the same price levels, the momentum is decreasing. Price : Equal highs Oscillator : Lower highs Exhibit: Medium bearish divergence Exhibit: Medium bearish divergence followed by a reversal 3. Weak Bearish Divergence In weak bearish divergence, the price makes higher highs but the oscillator has almost the same highs. This means that even though the price is increasing, the momentum is intact. Price : Higher highs Oscillator : Equal highs Exhibit: Weak bearish divergence Exhibit: Weak bearish divergence followed by a reversal What is hidden bearish divergence The hidden divergence occurs during the correction phase of a trend and is a possible sign of a trend continuation. In this, the price forms lower highs, but the oscillator forms higher highs. This indicates that even at an increased momentum, there is enough selling going on to push the price down. This type of divergence occurs with less frequency as compared to the other types. Price : Lower highs Oscillator : Higher highs Exhibit: Hidden bearish divergence Exhibit: Hidden bearish divergence followed by a reversal Thanks for reading! As we mentioned before, this isn't trading advice, but rather information about a tool that many traders use. Hope this was helpful! See you all next week. 🙂 – Team TradingView Feel free to check us out on Twitter and Instagram for more awesome content! 💘
Editors' picks
AEducation
by TradingView
7
'Verse' of 'Reverse' Candlestick Pattern-> Definition of Reversal patterns :- Reversal patterns mean the formation of candlesticks which indicate the end of the existing trend (uptrend or downtrend). When such formation appears in a downtrend, it indicates a bullish reversal or end of selling spree and onset of buying spell. Conversely, when a trend reversal pattern forms in an uptrend, it warns traders of a possible end to bullish run and onset of a slump. Candlestick patterns are visual patterns, helping traders to visualize when market sentiment is shifting, which is why many traders prefer candlestick charts over other trading tools. However, any trend reversal indication must conform with other popular technical trading tools. -> Engulfing Patterns :- An engulfing pattern is a two-candle formation that signals trend reversal, and hence, there are bullish engulfing and bearish engulfing. The bearish engulfing happens in the uptrend. The first candle is a white/green candle that forms in the uptrend. The second candle opens higher than the previous session and then closes below the previous. It indicates that the bullish force made a final thrust before bearish forces took over. The opposite of bearish engulfing is bullish engulfing, and it appears at the bottom of a downtrend. ->Doji :- Doji is a unique formation – a candle with no real-body but with shadows. Doji can take many forms like Doji Star, Dragonfly Doji, Gravestone Doji, Long-legged Doji, and more. It is often associated with market indecision before a trend reversal. Apart from Doji star, Dragonfly Doji and Gravestone Doji also indicate a trend reversal; but to base your trading decisions on them, those must concur with other popular trading tools like moving average, RSI, or moving oscillator. Doji formations often have no real-body, means that the opening and closing price is almost the same, or the market has reached an equilibrium where neither the buying not the selling strengths are strong enough to give it a direction. -> Abandoned Baby :- Apparently, an abandoned baby is a more decisive trend reversal pattern than Doji. It is a rare formation, but when it appears, it is a strong enough indication for traders to alter their position accordingly. Since it is a trend reversal pattern, an abandoned baby can appear in both uptrend or downtrend. An abandoned baby is a Doji star that appears between two candles – the first one appearing in the direction of the trend and the second confirmation candle appearing in the reversed trend, either bullish or bearish. The shadow of the first candle mustn’t overlap the second candle. The star appears above or below the trend, looking abandoned, hence the moniker. -> Hammer Pattern :- Hammer is a single candle pattern that appears in a downtrend implying a trend reversal to bullish. It usually has a small real-body and a long downward shadow. It indicates that the market fished for the bottom but eventually buying forces were strong to push the market up – the result is a bullish or green candle comprising a short real-body. The candle appearing next to the hammer must confirm the trend reversal to form a trading strategy. It must close above the last candle formed before the hammer. The opposite formation of a hammer, an inverted hammer which appears in an uptrend, is also a trend reversal pattern. In this case, the color of the hammer doesn’t matter, but the upper shadow is twice the size of its real body. An inverted hammer requires stronger confirmation candles to ascertain trend reversal. Another similar formation that appears in the candlestick chart is called a hanging man. It is a hammer that appears in uptrend. When the hanging man appears after a rally, it indicates a trend reversal. It needs further confirmation from the following candles appearing in the trendline. If those appearing in a downtrend, the hanging man confirms a downward trend reversal. -> Piercing Line :- A piercing line is a two-candle formation – a bearish long-bodied candle and another bullish candle which opens at a gap and closes at the midway of the bearish candle. Both candles have robust long bodies. It shows that the market started in bearish impulse, but eventually, buyers gained momentum to pull the market up and reserve their position. -> Harami Pattern :- Harami patterns are common and can be both bullish harami and bearish harami. In Japanese, the word translates to pregnant. It is a two-candle formation where the second candle is a small-bodied candle that opens and closes within the body of the first candle, representing a pregnant form. In the case of Harami Cross, the second candle is a Doji star. A Harami is a reversal pattern, but it isn’t as strong as the hammer and needs confirmation from other technical trading tools like RSI, MACD, and the like. My OBSERVATION :- These reversal patterns works very well when used with RSI, In case of indices, when RSI is above 65 or below 35 any such pattern visible indicates reversal and In case of stocks, when RSI is above 70 or below 40 any such pattern visible indicates reversal.
Editors' picks
NSE:NIFTYEducation
by Chaser30
64
A beginner's guide to trading - Chapter 1Candlesticks? Oh come on, even babies know about it. What is new in it to learn? This is what everybody thinks when they hear about the term “candlesticks” in trading. Let me ask you one question. If you know everything about it, then why you are still making losses? Sounds logical, right? So everybody is a beginner here. Join me with open mind and you will learn new things in this series. Bull candle – Close is above open with strong body. It shows bullish strength. It is also known as momentum candle if it is big. And it has very small upper, lower wicks or no wicks. A candle plays the role according to where it is forming, what happened before the candle and what happened after that. Example 1 In the chart below, after downtrend, price consolidated and then it gave upside breakout. So here it is acting as momentum candle. Example 2 In the chart below, price is in the uptrend, then it consolidated and then it continued upside movement. Example 3 In the chart below, in the uptrend, the price gave a final strong bull candle before it started to fall. In this scenario, bulls are getting exhausted after the bull candle formation and bears have started to gain strength. One strong bull candle has played different roles like break out candle, momentum continuation candle and exhaustion candle. It is giving the clue about the trend when you combine the knowledge about where is it forming, why it is forming and what strength it has. So observe, analyse, understand and trade. All the best...
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NSE:RELIANCEEducation
by vanathi
31
What is Bullish divergence?Hey everyone! 👋 Last week, we explained some of the basics to know when it comes to understanding divergences in the markets. If you haven’t read that post, be sure to check it out here: 👇 In this post, we are going to examine bullish divergence further, along with a few exhibits. Please remember this is an educational post to help everyone better understand investing and trading principles. In no way are we trying to promote a particular style of trading! Table of contents: 1. What is bullish divergence? 2. Types of bullish divergence 3. Some examples When the price of an asset is moving in the opposite direction of a technical indicator, such as an oscillator, it is called divergence. Divergence warns about potential underlying weakness in the current trend. What is bullish divergence? A bullish divergence occurs when prices fall to a new low while the oscillator fails to reach a new low (exception being hidden bullish divergence). Positive divergence signals that the price could start moving higher soon. Generally, a bullish divergence occurs at the end of a downtrend. It has two sub-types: - Regular Bullish divergence - Hidden Bullish divergence What is classic bullish divergence? The classic bullish divergence occurs at the end of a bearish trend and indicates that a trend reversal may occur soon. In this, the price and the oscillator always either form lower lows or equal lows. It can be subdivided into 3 types, based on the strength. 1. Strong Bullish Divergence In strong bullish divergence, the price forms lower lows but the oscillator forms higher lows. This means that the sellers are not selling at the same momentum i.e. the selling momentum is decreasing. Price : Lower lows Oscillator : Higher lows Exhibit: Strong Bullish Divergence Exhibit: Strong bullish divergence followed by a reversal 2. Medium Bullish Divergence The price makes double bottom (almost the same level as the previous low) and the oscillator makes higher lows. This indicates that at the same price levels, the momentum is increasing. Price : Equal lows Oscillator : Higher lows Exhibit: Medium bullish divergence Exhibit: Medium bullish divergence followed by a reversal 3. Weak Bullish Divergence In this, the price makes lower lows but the oscillator has almost equal lows. This means, that even though the price is decreasing, the momentum is intact. Price : Lower lows Oscillator : Equal lows Exhibit: Weak bullish divergence Exhibit: Weak bullish divergence followed by a reversal What is hidden bullish divergence? The Hidden divergence occurs during the correction phase of a trend and is a possible sign of a trend continuation. In this, the price forms higher lows, but the oscillator forms lower lows. This indicates that even at a decreasing momentum, there is enough buying going on to push the price upwards. This type of divergence occurs with less frequency as compared to the other types. Price : Higher lows Oscillator : Lower lows Exhibit: Hidden bullish divergence Exhibit: Hidden bullish divergence followed by a reversal Thanks for reading! As we mentioned before, this isn't trading advice, but rather information about a tool that many traders use. Hope this was helpful! See you all next week. 🙂 – Team TradingView Feel free to check us out on Twitter and Instagram ! 💘
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BSE:SHIVACEMEducation
by TradingView
19
How To Read Neowave Charts by Neowave ForecastHello Traders and Investors My Name is Manish Singh and i am an expert in Neowave. In this chart i have describe the coding method to read my charts. In Neowave Charts Degree labels used as intermediate, primary and cycle degree which is hard to understand by new user. Actually they understand 1 to 5 labels but they dont get the quiet idea in one look in which trend is this count is given. Thats why i came up with something simpler. So i am publishing this in the hope they everyone new trader easily understand the chart that it is in corection or in motive wave and for what time frame. As they follow my charts, than with time they will understand which degree takes how much amount of time approximately to complete its structure and it surely does in learning the neowave. Anyway friend kindly tell how you like the idea of this kind of coding. I am also puting some examples of chart here. 1) This is the chart of nifty in which long term wave is in correction and you can judge with the help of medium wave degree that where is long term wave correction can end or actually new trend is going to start now or it become a failure. you can judge the chart pattern with is also as you can see this is an flat structure. 2) This is another chart of USD/JPY In this chart i have used the old style of coding so that you can compare which one is easier to understand trend. As you can clearly understand with the help of count that it is going up but you were unable to catch that in which degree it is up or how long it will sustain there. Is there much bigger degree from the current one i am seeing.
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NSE:IDEAEducation
by Neowave-forecast
12
How to avoid sudden market selling?Using #BTST (Buy today, Sell tomorrow) trades, you can avoid sudden market selling like today. How? - When you take BTST trades, you usually ride the momentum and are only in the market for a few minutes. - For example, I typically buy stocks at 3:25 p.m. and sell them the following morning at 9:15 a.m., so technically I am only in the markets for 5-10 minutes every day, reducing my exposure and, consequently, the risk I face. - No one can predict the next market downturn, but you can work to reduce your exposure to the risk of a downturn. - We can adjust the amount of capital we put into BTST trades because we are taking new positions on a daily basis. Because we take new positions every day with BTST trades, we can adjust the amount of capital we put into the markets based on the current market conditions. - In comparison to BTST trades, swing trades can turn any profitable trade that you have been holding for many days upside down in a matter of minutes, and you must actively track them every day. - Because we have specified targets with BTST, we can exit them early and avoid this risk as well.
NSE:CNXFMCGEducation
by Kapil-Mittal
2