->Moreover you would find, Price goes near a level and stick to it or sustains there, in almost all cases it’s gonna big trending day.
How do I approach and trade?
-> Draw lines at Daily, weekly swing High & Low
-> Draw lines at hours resistance & Support
-> Now Check the trend on daily and hourly and board trade with 20% Capital size naked with Sl.
-> Either Sl or favour move.
->Moreover you would find, Price goes near a level and stick to it or sustains there, in almost all cases it’s gonna big trending day.
-> If there is rejection, then trades accordingly.
-> If comes into favour, I ll exit at predefined calculated targets as per Eliot wave, Pivots, Price action you can follow anything, results are almost same.
https://t.co/9g7YUDIafa https://t.co/vcxXsVhcqZ
Don't memorize patterns, candlesticks, and etc
— Namrata (@Chartsbank) July 5, 2020
If you want to get better at this gam,ask yourself
What are traders on the sideline thinking?
Where will other traders get trapped?
Where\u2019s the path of least resistance?
Where will new players enter?
Where will losers cut loss?
https://t.co/aacqojiG06 https://t.co/RxZf9Mh1ln
All newbie must go this link to understand markets psychology...https://t.co/LUiQpEBOhp
— Namrata (@Chartsbank) July 29, 2020
How to trade options?
— Namrata (@Chartsbank) August 1, 2020
-> Options can be traded via bias only.
Either Bullish, bearish, Neutral or mild bullish/ bearish.
Now its turn how to play that bias.
1. Now let me tell, when you expecting market to go up
How to play that.
One must do Performance review on monthly basis. As per me,it should not b done that you earned 'X' amount this month or last month 'Y' ...rather it should b like this \u27a1
— Namrata (@Chartsbank) August 2, 2020
If a person taking risk of 10K , if he is making 5-7K per trade then it doesn't make sense.
Everyone talks about market Psychology.
— Namrata (@Chartsbank) August 7, 2020
What actually mean it?
Does big boys consistent traders do really hv a different psychology?
If Yes, then How?
Let me cover what I personally do when I encountered with SL hit.
— Namrata (@Chartsbank) August 19, 2020
-> When my stops are hit and I take a loss, I stand back and review the market action for two possibilities:
What is #Trend
Does it hv #Momentum
Isn’t it #Over_bought_sold
Does #Volume supporting move
If options writing then view on #Volatity
Once you know these 5 things, make a system around this and you are done ✅
Next time when you ll see same pattern, you ll recall and say ...ohh yeah ..last time happened so & so..
Money is made this way only for me.
-> Let it come S/R or mean reversion
-> Wait for Entry trigger
(a) Rejection Candle for Reversal
(b) Big body BO candle
-> Hold till it reaches another Demand/Supply zone.
That’s it.
If it trades above this, my view is bullish or vice versa.
-> After Big candle
-> I scale in once price retraces to VWAP & make pin bars with Sl at other end.
PDL broken & rejection at VWAP making pin bar.
Sl is another End of pin bar.
Let\u2019s learn the divergence.
— Namrata (@Chartsbank) January 24, 2021
Whenever I teach, my moto is to make u master in that. U should get something new to learn even though when u already know that thing.
Divergence:- When price is not synchronised with the oscillator then the divergens occurs means
More from Stocklearnings
12 TRADING SETUPS which experts are using.
These setups I found from the following 4 accounts:
1. @Pathik_Trader
2. @sourabhsiso19
3. @ITRADE191
4. @DillikiBiili
Share for the benefit of everyone.
Here are the setups from @Pathik_Trader Sir first.
1. Open Drive (Intraday Setup explained)
Bactesting results of Open Drive
2. Two Price Action setups to get good long side trade for intraday.
1. PDC Acts as Support
2. PDH Acts as
Example of PDC/PDH Setup given
These setups I found from the following 4 accounts:
1. @Pathik_Trader
2. @sourabhsiso19
3. @ITRADE191
4. @DillikiBiili
Share for the benefit of everyone.
Here are the setups from @Pathik_Trader Sir first.
1. Open Drive (Intraday Setup explained)
#OpenDrive#intradaySetup
— Pathik (@Pathik_Trader) April 16, 2019
Sharing one high probability trending setup for intraday.
Few conditions needs to be met
1. Opening should be above/below previous day high/low for buy/sell setup.
2. Open=low (for buy)
Open=high (for sell)
(1/n)
Bactesting results of Open Drive
Already explained strategy of #opendrive
— Pathik (@Pathik_Trader) May 27, 2020
Backtested results in 30 stocks and nifty, banknifty.
Success ratio : approx 40-45%
RR average 1:2
Entry as per strategy
Stoploss = Open level
Exit 3:15 PM Or SL
39 months 14 months -ve, 25 +ve
Yearly all 4 years +ve performance. pic.twitter.com/nGqhzMKGVy
2. Two Price Action setups to get good long side trade for intraday.
1. PDC Acts as Support
2. PDH Acts as
So today we will discuss two more price action setups to get good long side trade for intraday.
— Pathik (@Pathik_Trader) June 20, 2020
1. PDC Acts as Support
2. PDH Acts as Support
Example of PDC/PDH Setup given
#nifty
— Pathik (@Pathik_Trader) June 23, 2020
This is how it created long setup by taking support at PDC.
hopefully shared setup on last weekend helped. pic.twitter.com/2mduSUpMn5
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"I lied about my basic beliefs in order to keep a prestigious job. Now that it will be zero-cost to me, I have a few things to say."
We know that elite institutions like the one Flier was in (partial) charge of rely on irrelevant status markers like private school education, whiteness, legacy, and ability to charm an old white guy at an interview.
Harvard's discriminatory policies are becoming increasingly well known, across the political spectrum (see, e.g., the recent lawsuit on discrimination against East Asian applications.)
It's refreshing to hear a senior administrator admits to personally opposing policies that attempt to remedy these basic flaws. These are flaws that harm his institution's ability to do cutting-edge research and to serve the public.
Harvard is being eclipsed by institutions that have different ideas about how to run a 21st Century institution. Stanford, for one; the UC system; the "public Ivys".
As a dean of a major academic institution, I could not have said this. But I will now. Requiring such statements in applications for appointments and promotions is an affront to academic freedom, and diminishes the true value of diversity, equity of inclusion by trivializing it. https://t.co/NfcI5VLODi
— Jeffrey Flier (@jflier) November 10, 2018
We know that elite institutions like the one Flier was in (partial) charge of rely on irrelevant status markers like private school education, whiteness, legacy, and ability to charm an old white guy at an interview.
Harvard's discriminatory policies are becoming increasingly well known, across the political spectrum (see, e.g., the recent lawsuit on discrimination against East Asian applications.)
It's refreshing to hear a senior administrator admits to personally opposing policies that attempt to remedy these basic flaws. These are flaws that harm his institution's ability to do cutting-edge research and to serve the public.
Harvard is being eclipsed by institutions that have different ideas about how to run a 21st Century institution. Stanford, for one; the UC system; the "public Ivys".