vorayash05

vorayash05 Updated 

Statistics combined with basic ideas of how price moves can go a long way when it comes to making better decisions. Here is a way to understand how to trade reversals

vorayash05 Updated 

Another one of my potential 1:10 setups. You learn and earn. Don't trade directly based on what I say. This is in my opinion the right way to leverage important levels in the market. You always wait for a break of the level to avoid getting shaken out. The hard part is where to put the stop-loss. Always add a bit of noise to avoid the same.

vorayash05

There clearly is fear in the market. In most cases, this is an excellent opportunity to start taking risks aggressively but one needs to have some sort of confirmation in order to make the most of fear. Keep trading like you generally do. Drawdowns are natural just make sure the risk is low enough. It's drawdowns like these that give excellent trade setups. So,...

vorayash05 Updated 

Please do not trade based on my opinions they are not set in stone. I just have high RR but poor accuracy and I am completely open about it. This is just me keeping log of the trade I took and not a trade recommendation. The previous swing high only gives me 1:5 RR which is not my ideal RR as I gun for 1:10. Let's see what happens when it hits target, I might...

vorayash05 Updated 

Please do not trade based on my opinions they are not set in stone. I just have high RR but poor accuracy and I am completely open about it. This is just me keeping log of the trade I took and not a trade recommendation. The previous swing high only gives me 1:5 RR which is not my ideal RR as I gun for 1:10. Let's see what happens when it hits target, I might...

vorayash05

I will never trust anything that can be presented with some objective metrics. Unfortunately, support and resistance are highly subjective concepts so I had to do a lot of digging to find some statistical proof for this working. You can randomly draw lines and see price action acting like it's breaking out or breaking down. You can't rely on purely support...

vorayash05

Traditional technical analysis focuses on how to trade when a market breaks a significant high or low but never when what happens when it holds up. This is where I come into the picture. I have repeatedly posted these trades because they provide an extremely asymmetric risk reward ratio. During bearish phases, it is important to adapt to the market conditions. It...

vorayash05

The mania associated with high accuracy is something I do not understand. I have realized after several years of trading that markets are more random than Elliot Wave, Gann Charts and all forecasting analytics will have you believe. So, I looked the other way and worked to improve the RR of my trade. Accuracy as bad as 20% keeps you in the realms of profitability,...

vorayash05 Updated 

It's been a while since I have posted here and it's mostly because I believe 90% of Technical Analysis is questionable and that I have posted enough educational material. I also put a post a while ago saying markets will be in a bad state and I did not want to trade. In order to stay active on this platform and the markets look corrected enough to start trading...

vorayash05 Updated 

I have been researching long term trading ideas/investment strategies for a while now and I realised simply increasing the time frame will not translate into long term investments. The research I found suggests that there is a positive expectancy in simply buying the market which crosses above ATH or 52-week high. Another important thing I learned along the way is...

vorayash05 Updated 

This is a breakout that was preceded by a strong up-move. Traditional technical analysis might call it the flag and pole pattern but I keep it simple. Markets tend to trend until it doesn't and therefore another leg up should be on the cards. This is not advisable. Please do not copy my trades, for I am not responsible for the losses incurred. This is strictly...

vorayash05

I was banned because of an accidental mistake I made in my previous post which should explain my absence. After thinking a lot about my trading so far, I realized that accuracy is not something I am after but rather big home runs like these. Most traders anyway are between 40-60% so it seems like there seems to be an imaginary cap on the accuracy anyway so I...

vorayash05

Classic breakout nothing to explain here. Please do not copy my trades, for I am not responsible for the losses incurred. This is strictly educational material.

vorayash05

I have already entered the trade a while ago but forgot to add it here. There are some nuances in this trade that my followers would know. If you see 3 green candles in a row, wait for a pullback. I have added the link to the TradingView article which explains this concept in thorough detail, please refer to the same and all questions are welcome. My entry is...

vorayash05

Straightforward breakout + 52-week high breakout. Another long term idea. Please do not copy my trades, for I am not responsible for the losses incurred. This is strictly educational material. The simpler you keep your trading, the happier and stress-free you will be. Never draw lines that are an angle, never draw fibonnaci. Keep it simple, easy things work.

vorayash05 Updated 

Everyone who follows me knows I keep things simple. Trading a rectangular box breakout is my area of speciality. Today, I am here to present a few more nuances that are associated with trading breakouts. Interesting hint I: When you are looking to trade breakouts, you have a long bias. A failed breakdown is equally powerful evidence for a powerful move to the...

vorayash05 Updated 

A straightforward pattern, not much to explain here. One important thing to take into consideration is that the markets may correct which might cause the breakout to fail for a while so it is always a good idea to keep a deeper stop-loss if the overall market direction is going to be down in the near future. Waiting for a close above 756 levels warrants an entry....

vorayash05

Many people who follow me would have noticed I haven't posted for a while. Did I lose the game? No. I saw this coming and I stayed put. Don't believe me? I will add a link to a related idea. Markets are in a precarious position and every mistake will now be an expensive one. Here's how one can see through this period: This type of fall can be regarded as a...