Selecting a trailing stop scheme to maximize profit whilst minimize risk is a challenge to traders.
Bull Bear Line is a good option to serve as trailing stop. It behaves similarly to the popular Chandelier trailing stop strategy. However, it is simpler than the latter and adapt to wide range of instruments.
In this video we study the charts of BankNifty and analyse as to how this time Banknifty can lead the fall for Nifty and why we need to be cautious in going long on the same.
Please do share your views.
The us index has formed descending triangle on daily charts 14532 has been a crucial support and in short term it can rebound a bit till 15172 after it a steep downhill rally can be followed moreover if the war situation worsen up the support can be broken
Hi All - swing trade opportunity in Gold.
Timeframe - 1H
Key Highlights:
1. Long entry on range breakout
2. Consolidating in range
3. Bouncing off good volume
HI All - good opportunity to go long for Silver/ Silver Micro for Swing trade.
Timeframe - 1h
Key Highlights:
1. Bouncing off with good volume
2. Good relative strength
3. Good risk and reward
Gap from 320 to 360 seen in NVIDIA, It seems that NVIDIA will fill this Gap in coming trading session ....... so those who are interest in AI story can buy at around 300 ....for next six months .......
CLX2023 - NYMEX Source CFTC for US markets
Use Nasdaq Data
See attached spreadsheet CFTC Macro Analysis
This spreadsheet as the CFTC CoT Data as a well as the data sourced from ICE Europe for ICE Brent Crude Futures
A descending Triangle breakout after a ABC correction seems bullish
With Geopolitics and Macros also favoring GOLD
Resistances and Targets are clearly shown
PDD near multi year breakout levels. Breakout or Swing trade?
Will take breakout if retrace or leave breakout trade.
will take swing on 90 % fib retrace.
