Categories Screeners
I m watching your posts... amazing sir.... thanks for sharing.... can you share what is your trade set up
— Sahasra (@h_shanmugavelu) March 21, 2022
What does it mean?
7 tweets that will teach you about its basics (and much more):🧵
Collaborated with @niki_poojary
1/ What is CPR?
The basics of CPR, how it's calculated, and TC and BC in CPR.
User: @ZerodhaVarsity.
One can also gauge the trend whether bullish or bearish.
Explained in very simple words
@ZerodhaVarsity 2/ What are the Uses of CPR?
User: @YMehta_
A thread that provides examples along with the concept.
Also includes an Intraday Trading Setup on 5 min
#CPR is an indicator which is used for #Intraday in Stock Market.
— Yash Mehta (@YMehta_) November 19, 2021
This learning thread would be on
"\U0001d650\U0001d668\U0001d65a\U0001d668 \U0001d664\U0001d65b \U0001d63e\U0001d64b\U0001d64d"
Like\u2764\ufe0f& Retweet\U0001f501for wider reach and for more such learning thread in the future.
Also, an investment strategy is shared using CPR in the end.
1/24
@ZerodhaVarsity @YMehta_ 3/ How to analyze trends with CPR?
User: @cprbykgs
How to interpret CPR based on the candles forming either above or below the daily and weekly CPR.
He is the most famous guy when it comes to CPR, so go through his Twitter and Youtube
CPR indicator trend analysis:
— Gomathi Shankar (@cprbykgs) January 25, 2022
Candles below daily & weekly CPR \U0001f43b
Candles above daily CPR but below weekly CPR early confirmation of \U0001f402
Candles above daily + weekly CPR strong confirmation of \U0001f402
Isn\u2019t it simple?#cprbykgs #cprindicator #nifty #banknifty
@ZerodhaVarsity @YMehta_ @cprbykgs 4/ Interpreting longer timeframes with CPR
User: @cprbykgs
Trend Reversals with CPR when the trend is bullish and it enters the daily CPR
#banknifty
— Gomathi Shankar (@cprbykgs) July 9, 2021
Candles above monthly CPR- Bullish
Candles above weekly CPR- Bullish
Now, whenever candles enter daily CPR range it indicates weakness of current trend & early signs of trend reversal.
So, wait for the candles to exit the daily CPR range then take the trade. (1/4) pic.twitter.com/7vaaLMCrV8
Only 2 signals - Buy & Sell
There is no stop loss in this system.
There could be some wild swings in prices like on "Budget Day" - In such a scenario, Keep 30 - 50 points below 21Sma to avoid big DD
It's a SAR system
how to take stop loss..? low of prev candle?
— ABHINAV JAIN (@abhijain017) February 9, 2022
Lest some charlie jumps to point out, let me make it clear that I haven't invented anything in stock market, all my knowledge of stock market comes from old farts. Just my observation is my own. https://t.co/uHNw8tV4AO
Plz advice how to identify accumulation and distribution phase...... to me Both looks same
— VIVEK VAID (@bobvaid) February 12, 2022
Is Nifty bullish, or bearish?
— AP (@ap_pune) March 19, 2022
Replies MUST be ONLY with charts, not just 'views', no Russia Ukraine, crude, gold etc.
Can be levels....abv/below
Just technicals....maybe with trend lines, indicators or any other study (EW, harmonics etc)
Charts can be daily, weekly or monthly.
Everyone knows the HH-HL or LH-LL as per Dow theory. This can be a bit confusing on how one marks the Highs and Lows. Long back, I picked up this trick from one of the neo-Dow theorists on what to do in scenarios like this
Simply plot a 5 period exponential moving average on a different panel. A 5-EMA simply shows you a running weekly perspective and kind of smoothens the price where a single spike high/low is not of that much importance
You will see this 5-ema also making HH.HL.LH.LL. So now, rather than focusing on the highs/lows on the charts, focusing on highs/lows on the 5-ema gives a cleaner perspective
As per this charts, unless the 5-ema now closes above 17540 ( the ema, not Nifty price) I will not play this as a bull market. I will deal with this market as a counter move against the major bear trend
For new followers ...
If u r a pivot based intraday trader, u should have this cheat sheet. Follow this and C. Your wrong trades will reduce considerably. Good luck.
#FREETIPS
— ScorpioManoj (@scorpiomanojFRM) April 1, 2022
Pivot Rules snapshot
A free one page cheat sheet for pivot based trading that could probably be sold for a hefty price ....
Rem: This is just a broad set of rules. There are many advance rules more than this. pic.twitter.com/FnzmGGKx0P
