Ultimate_Trading_System

Ultimate_Trading_System

1. Spot a breakout 2. Entry with the breakout 3. OR entry at the retest of the breakout Trade safe!

Ultimate_Trading_System

1. Spot the breakout 2. wait for the retest 3. find an indication (read: divergence) that suggests prices to fall (in this case) 4. enter a trade with proper risk managment Stay safe, learn before you can take positions! Do not just blindly follow anyone. "Be a student & not a follower!"

Ultimate_Trading_System

1. Prices are moving in between a resistance level and an inclined trend line 2. A wedge that needs a breakout 3. There was a bearish divergence in the daily chart and today could be a retest 4. for strong down move it needs to break the trend line 5. For a strong up move, it needs to break the resistance line Stay safe, trade with proper risk management.

Ultimate_Trading_System

1. change in polarity - Support becoming resistance in this case 2. Bearish engulfing in daily at resistance 3. Bearish divergence in MACD and RSI 4. on confirmation, sell!

Ultimate_Trading_System Updated 

1. Head and shoulder spotted 2. Neckline drawn 3. prepared to trade once it is broken 4. Neckline break might also break a wedge on the downside

Ultimate_Trading_System

1. spotted head and shoulder 2. draw your neckline 3. enter on breakout of the neckline 4. incase you missed, re enter on the retest of the neckline 5. draw your target 6. book profits near the target

Ultimate_Trading_System

Even in a squeezing price range, Nifty has been moving and trades could have been taken using the simplest yet most effective classical chart drawing: horizontal lines (demand and supply)

Ultimate_Trading_System Updated 

1. black lines are historical demand and supply levels 2. Active gaps are shown by the yellow lines 3. Red line demonstrates a strong support level 4. Sell if that breaks with a confirmation 5. Buy if you get a rejection there with a bullish divergence

Ultimate_Trading_System Updated 

M&M finance broke out yesterday with a head and shoulder breakout in the 60 minute chart! It was a very good entry! Now another entry could be IF the breakout/MA is re tested.

Ultimate_Trading_System Updated 

Support broken, now is a new resistance which has also been tested! Prices keep falling

Ultimate_Trading_System Updated 

Chart is self explanatory!

Ultimate_Trading_System Updated 

There are two ways this can go! 1. Daily chart breaks the support and falls (after a retest probably) 2. daily chart takes a support from here where 2 HR there should exist a bullish divergence in the MACD histogram and should start going up! Points to note: Weekly chart has a bearish divergence and daily chart also has a bearish divergence! So probability of...

Ultimate_Trading_System

1. Weekly demand and supply zones are identified with the black horizontal lines 2. only act on the breakout confirmation - till then you can trade intra-day strategies. I suggest you to use 60 min or a 30 min timeline! 3. Weekly gap at a previous support now acting as a resistance shown by the yellow zone and black dotted line respectively Trade with caution as...

Ultimate_Trading_System

1. It broke a range on the downside 2. Came back to test it 3. rejected that resistance there with a bearish engulfing pattern (support becomes resistance) 4. would continue its fall once the bearish engulfing is confirmed (the low is taken out)

Ultimate_Trading_System

Everything on the chart!

Ultimate_Trading_System

A bullish breakout in the siemens chart.

Ultimate_Trading_System Updated 

A breakout in the bullish side, It will keep going up and if there is a retest immediately, use that for an entry point!

Ultimate_Trading_System Updated 

A head and shoulder breakout on the Hind petrol. The size of the head from the neckline should be the target from the neckline on the upside!