#INDIAVIX print above 35 has been good time for investment in last 10 yrs of Market

Feb VIX printed 30 . If it spikes further in March, can be good time for catching falling knives in Stocks.

#BollingerBand Squeeze Breakout

Sharing An Entry Set-up For Cash Market Since Cash Market Is Running Hot Currently

Bollinger Bands Are Volatility Bands with Centre line, Upper & Lower Band

Centre Line Is Simple Moving Average

Default Is 20 Period Simple Moving Average

Upper & Lower Bands are constructed by Adding / Subtracting Standard Deviation Values from SMA

Default is 2 Standard Deviation Away from 20 SMA for Upper & Lower Band

During Trending Phase, Bollinger Bands generally expand as Standard Deviation Expands in Trending Phase

During consolidation standard deviation drops, causing Upper & Lower Bands to contract towards centre line

This Gives the look like bands are getting squeezed, hence the name Bollinger Band Squeeze Breakout

Entry Setup occurs as below:

1. After Good Rally, Price takes pause, goes in consolidation of few weeks, typically 3-8 weeks

2. Bollinger Bands tighten or Squeeze, indicating volatility contraction

3. While bands are in squeeze, price rises to Upper Band

4. After Touching Upper Band, Price is Rejected

5. price Rejection creates Lower Low on Daily charts, which is called Bearish Fractal

6. High Point from Which price is rejected & creates Bearish Fractal become Breakout Point

VWAP starting with day open candle is quite popular

Try #VWAP with period for change where period equal to number of bars in trading day. Acts as magnet for Intraday Mean Reversion moves

Exibit- Banknifty of last 2 days

#TrendFollowing
#StockFutures
The Complete #Trading #Process

1) Stock Selection - Buy Strongest, Sell Weakest. Combine Higher TimeFrame to Identify Strength/ Weakness

2) Entry SetUp - Enough FirePower for Sustainable Trend Going Forward (1/n)

3)Trend Confirmation - That Point from which chances of Reversal are Low so as to achieve Higher Win Rate

4) Low Risk Entry - Costs Saved in Execution are added back to profit. Use Mkt Fluctuations in Our Favour (2/n)

5) Initial SL- Uncle Point. Not Too Tight, Not Too Loose, Just About Perfect. Let the trade breath before leaping forward

6) Trailing SL - Reduce Open Risk in Trade Continuously Simultaneously allowing Trend to Develop (3/n)

7) Profit Booking - Don't Look for Top/ Bottom. Catch 70-80% of Max Profit. Most Difficult Decision. No Perfect Exit. Break in Multiple Exits. Be happy with Whatever We Get (n/n)

How you can filter stocks for Intraday trades - 🧵

As a kid, we would do homework before school the next day - you have to do homework here too. A specific sector performs on a particular day and studying things a day before will help you spot that particular sector. (1/11)

To prepare for the next trading day, you got to check the Index charts of all sectors. You got to keep an eye on a specific Index if you see a few factors:

- If any Index closed exactly at the resistance, you can get a trade on either side on the next day. (2/11)

- If it gave a rejection candle at resistance.

- If any Index closed exactly at support, you can get a trade on either side the following day.

- If there was a bullish signal at the support.

- If any Index gave a breakout or breakdown and then gave a good closing. (3/11)

- If any Index has taken support at 50 or 200 EMA.

Once you spot the Index, look at all the stocks in that particular Index. Pick at least 3-4 stocks from that Index and add them to your watchlist for the next day. It's ideal to check both higher and lower timeframes. (4/11)

What you should do next day? (When I am unable to check Indices and stocks a day before, I sometimes directly start with this process.)

- Start with checking the top gainers/losers list. I observe market from 9:15 to 9:45am to check the sectors performing well on that day.(5/11)

The thread explains my momentum scanner and how to build it in #TradePoint software.
@Definedge
Conditions :
1)EMA 8 above EMA 34 and rising
2)Candle close above previous 5 candle high
3) RSI above 60
4) Volume above previous 5 candles
5) ADX above 30
1/n

Select Double Moving Average 8 and 34
2/n

Under Patterns select Close Above Prev Bars
3/n

Qualify the candle close
4/n

RSI above 60
5/n

Swing Trading Strategy
That can help you generate Monthly Income !
A thread 🧵
Using RS , MACD , 21 EMA and Price Action
All Concepts with charts Explained !

RETWEET AND SHARE !

UNDERSTANDING MACD
Moving average convergence divergence (MACD) is a trend-following momentum indicator that shows the relationship between two moving averages of stock.
It is calculated by subtracting the 26-period exponential moving average (EMA) from the 12-period EMA.
2/n

The result of that calculation is the MACD line. A nine-day EMA of the MACD called the "signal line," is then plotted on top of the MACD line, which can function as a trigger for buy and sell signals.
3/n

Traders may buy the security when the MACD crosses above its signal line and sell—or short—the security when the MACD crosses below the signal line.
4/n

UNDERSTANDING RELATIVE STREGTH
1.Relative strength is a strategy used in momentum investing and in identifying value stocks.
2. It focuses on investing in stocks or other investments that have performed well relative to the market as a whole or to a relevant benchmark.
5/N

A rising wedge when broken decisively on the upside turns into a channel and stretches a little on the top of channel after a non stop move. Expecting this trajectory as of now.
#DXY

#INDICATORS
Intraday trading is all about identifying 3 components 1) Trend 2) Direction 3) Momentum
(TDM).
Trend - Developing cpr width
Direction - PivotShiftIndicator
Momentum - PivotRSI.

Just finished devloping color codes for identifying trades based on TDM.