I begin by explaining the Video Idea--> Using Multi-Timeframe analysis to put together a trade idea. MTF analysis is absolutely crucial for running a profitable trading business... It's something that takes some experience but once you understand the way in which all timeframes move together it's like an Aha moment. We look at 3 timeframes.. the 1Hr, 4hr and the...
In the video I discuss how I analyse momentum using MACDs and the 5min and 1min charts when daytrading.
Knowing these key concepts helps me filter out the best setups to get on the right side of the market and in the right trading zones.
The basic concepts discussed are :
- Momentum
- Price Action
- Candle Analysis
- Multi-timeframe Analysis
** If you like the...
In this video I explain how to indentify trends on the chart and how to use this knowledge to make trading decisions. At the end of the video we'll create a simple yet profitable trading strategy
Waves Light indicator:
Disclaimer
I don't give trading or investing advices, just sharing my thoughts
History doesn't repeat itself but it often rhymes. And in the stock market, more specifically with technical analysis, we are able to understand why price moved the way it did in the past and, if it's doing something similar again, what to expect.
So here, we see repeated controlled selling channels (magenta) being used to build liquidity for buyers. We also...
What is the Breakout?
Breakout is a price moving outside a defined resistance level with increased buying volume. The breakout traders enter the long positions after the price breaks the resistance level.
What is the Breakdown?
Breakdown is a price moving outside a defined support level with increased selling volume. The breakdown traders enter the short...
In the today's post, we will discuss the essential element of price action trading - a pullback.
There are two types of a price action leg of a move: impulse leg and pullback.
Impulse leg is a strong bullish/bearish movement that determines the market sentiment and trend.
While a pullback is the movement WITHIN the impulse.
The impulse leg has...
The business cycle describes how the economy expands and contracts over time. It is an upward and downward movement of the gross domestic product along with its long-term growth rate.
The business cycle consists o f 6 phases/stages :
1. Expansion
2. Peak
3. Recession
4. Depression
5. Trough
6. Recovery
1) Expansion :
Sectors Affected: Technology, Consumer...
In the first part, we discussed the components of the price action theory. We covered value area, control line, and excess price with examples, setups & guidelines (with my own observations.) Now, in this idea, we are going to cover the following topics:
No trading zone
Initiative & responsive trading
Shifting of the value area
Bullish Value area
Bearish...
The Concept Of Supply & Demand
The price movement of the security is the result of demand(buyers) & supply(sellers):
If the supply is more than the demand, there are more sellers than buyers than sellers, which results in a price fall.
If the demand is more than the supply, there are more buyers than sellers, which results in a price surge.
If the demand...
Imagine an investment as a journey with twists and turns. Knowing its different stages is like having a map for investors. It helps them decide if they want a thrilling ride with big potential rewards or a smoother path with steady stability, based on their comfort with risk. For investors, understanding the life cycle is crucial because it directly impacts the...
In the video I talk through the two trades namely trading continuation with Trend and then trading Countertrend Reversals. Both have their own price action points but are very different.
I review a continuation trade and the setups I look for when trading from level to level...but the main focus on the video is trading Reversals which can be very rewarding but...
Break of Structure: This term is used in trading and technical analysis to describe a significant change in the price action of an asset. It occurs when the established pattern of higher highs and higher lows (in an uptrend) or lower highs and lower lows (in a downtrend) is disrupted, indicating a potential change in market sentiment and trend direction.
...
In this video I take a look at the psychology of a phase of Price Action that we traded in out Live Trading Room.
I review the key price action that I am looking for to get involved in the action for a new momentum push up/down. Our aim in trading is always to enter a trade in the 'unknown' as traders start to realise they are on the wrong side of the...
Prepping a market for daytrading is an important part of my process and understanding and identifying the KEY LEVELS is the major part of that process.
We have to build a Price Action picture of what may happen and what levels may be targeted so we will be ready for a trade. Understanding who (buyers or sellers) is getting caught off side and levels the market is...
In the today's post, we will discuss accurate bullish price action patterns that you can apply for trading any financial instrument.
1️⃣Bullish Flag Pattern
Such a pattern appears in a bullish trend after a completion of the bullish impulse. The flag represents a falling parallel channel. The market corrects itself within.
Bullish breakout of the...
👑Price inefficiencies are also known as imbalances, gaps or voids. Healthy price action moves in a zigzag fashion, making highs and lows in line with the directional bias at any given moment. When price isn’t trending we find it consolidates, in which case highs lows are still being made. However, we may also see price move in straight lines with huge volume and...
I small trade today on the Hang Seng Index that turned out to be quick and simple with little to no pressure from the entry. Could have been a better exit but all up it was a good start to the day.
I will explain the price action for the Entry and the reasoning for the trade coming into the start of the session.
** If you like the content then take a look at my...
Hello everyone👋 Today we will discuss how to effectively work with areas of increased liquidity. Actually, it would be appropriate to make this post after we have examined how order flow is formed in the market in order to understand the technical aspect of working with liquidity. Therefore, first, we will provide some introductory information using a long...
![BANKNIFTY: [Price Action#1] What is the Breakout and Breakdown?](https://s3.tradingview.com/o/OvSwTyZY_mid.png "[Price Action#1] What is the Breakout and Breakdown?")
