Traders Buy

Always have a dialogue running through your head about what you will do based on various developments. Here developments means price action development or change in the prevailing momentum. "Strong Momentum of price trend will weaken. Like Price breakout may create a new momentum" These are examples of developments in price action Momentum getting Weakening            It means that the ongoing price movement(Whether it is Up or Down) strength or Velocity is lowering. price will have only slow movement, or no movement, to up or down. There are two situations where price movement strength often weakening. In this type of Movement, Price Moves without volume. Ie. Lack of Volumes is the main reason of this Momentum Weakening. Price may be rising but Volume is decreasing.                     1.  It may be a short term pause in a large movement,             2. ...

Price is always trending. When the price trends or move in a direction, it provides the opportunity to trade. "Understand well the which direction is the price is trending or Moving" is the first step to the success. These major price trend or price movement, whether it is up or down, creates trading opportunities on both direction. IE. In A trending market, it gives 2 side trading opportunity. Trade on the direction of major trend Trade on the Opposite direction of trend Price moves by waves creating swing lows and swing highs (Higher high Lower Lows). Here we know that the Trading on the direction of trend is more easier and smoother than trade against the trend. Below picture shows it more conveniently In the above Picture, Price is moving downwards that's why the major trend is to down. Eventhough the trend is down it felicitate trading opportunities on both side. Trade on Trend and Trade Against the Trend. The Point 1,3,5,7 are the shorting trade poi...

1 2 3 Pattern can be seen at both bottom of a chart and top of a chart. It is very common in stock chart. It is the turning point of a price trend or momentum.  The 1 2 3 pattern forms when the price failed to create a new bottom or top. That means no more downfall is not possible in the particular stock at least for a time. It is a powerful pattern that is also a confirmed trend changing pattern also because of two reason. The price failed to go more downside (Or upside) and Price moved above previous high (or low at top) that means the price momentum change has been confirmed. We can see number of 1 2 3 pattern in stock chart if we observe. But many of them may not work as we expected. Some 1 2 3 pattern gives good result but some of them only give very small result and some of them may fail. Most of the 123 pattern will work fine if it created in a key points like Support and Resistance, Trendline Breakout, trendline Pull back ... etc. these are the key areas ...

The above is Higher high Higher Low Chart Pattern we already know that where to buy and where to sell in this types of chart pattern. In this article we try to cover the Which is good trading method, Going Long or Going Short (Buy Low Sell High or Sell High Buy Low) in this types of higher high higher low Pattern Look at the above chart. Price is trending up and created a serias of higher high higher low points. Ie Price Ralles from HL to HH and a Pull back or retrace from HH to HL. HL  to HH ------Price rallies HH  to HL ------ Price Retrace, Correction, Pull back. We have two options here to trade, "Buy at Higher Low and Sell at Higher High"  or  "Sell at Higher High Buy at Higher Low" By qeenly looking the chart we can see that Every rally HL to HH hav a smooth and sharp price movement. But Pull back (Retracement) are not much Smoother and sharper. ie Price rallies are sharper and larger but corrections are not so. below are the table describes the dif...

All Trending market, either upward, Downward or sideways, offers trading opportunity on both side. We can either buy low and sell high and or sell high buy low. IE market offers buying opportunity and Shorting opportunity in every market. Like wise higher high lower low pattern also offer trading opportunity in both side. Buy low sell high and sell high buy low. In This topic we cover Trading Opportunities on Higher High Lower Low Pattern. We try to find which is best trading strategies we can apply in this types of pattern.  When to buy and when to sell in this higher high lower low pattern. ? which is high probability trade Buying or Selling? We also study the Probability, Risk, Success rate in each trading strategy Higher High Higher Low Pattern is uptrending pattern price move upward direction in this pattern. Price create series of Higher High and Higher Low point in this pattern generally move according to a trendline. We look over the trading opportunitie...

All stock chart will have Support and Resistance whether it is sideways or trending . Find the right support and resistance is the key to the good trade. Most of the time it is difficult to identify which is support or resistance. Here are some points which helps to identify the support or resistance in different Market conditions. Importance and features of Support or Resistance? will the trend or momentum change if Support (or Resistance) broke? or Role of Support and Resistance to change in trend or Momentum This Article try to find "will the trend or momentum change if Support (or Resistance) break. Identify which is Support or Resistance in trending stock? Sideways Move In a sideways Market, Frequent price retracement area will be the support or resistance. Up trending Market In a up trend market, Last Higher High will be the resistance and Higher Low will be Support The momentum or price trend will change after HL Break. Otherwise the momentum is ...

Trendline Trading Strategy is the simplest trading method. In this article discuss about types of trendline trading strategies and what things to be consider while both trendline trading. There are two types of trendline 1. Long tern Trendline  -  Long term stock moving trends. Ie Impulsive 2. Short term Trendline -  Short trendline within a long term trendline There are 2 types of trendline trading strategies Trendline Breaking Trendline Pullback Trendline Breaking Trading Strategies Trendline Breaking actually means long tern trend line breaking. At least 15 Min 5 Day Chart is best for this trading strategies Higher High Lower Low concept valid in long term trend line breaking strategy Trading Opportunity only after breaking of Last Lower High in Downtrend, higher Low in Uptrend.IE. Last Lower High (in downtrend) and is the Momentum Change Point. Trendline Pullback Trading Strategies Trendline pullback means pull back from a long term tre...

All Tradings are Just a Prediction. All Prediction should be logical and Prediction should be based on Past Price Actions Movement. In Simple All Trading entry is a prediction based of Past Price Action. So Intraday  time Frame is and important element in trading. Likewise it is also Important that "How many days's Chat we should examine for intraday trading?". This article look Over the relationship between time frames in a chart and Number of Day we should take in the chat for achieving maximum profit. This article also try to find which is the best time frame for intraday time frame by looking Profit capability, Time to Take to Achieve the target or Stoploss, Number of chance of Trading Opportunity, And Winning Percentage (Error Rate) Intraday Trader       60 Minute     10 -30 Days Intraday Trader       30 Minute     5 Days Intraday Trader       15 Minute     5 Days Intraday Trader   ...

ICICI Bought @318.75 Stoploss Triggered @ 314.85 Bought icici bank on the basis of trendline breakout Strategy. It broke yesterday trendline price and expected a "V" shape Price Movement. But the Price moved again to low point and hit stoploss with little slope trendline. Ie. The price broke trendline but still in Downside Movement. Real this Article Trendline and Change in Momentum Axis bank Bought @ 510 Stoploss hit @ 506 The trade actually based on 2 strategy or ideology One is Trendline Breaking and Support Pull back Trading The stock broke a trendline(Wrong Trendline) and expected up move. The trend line was actually worng because i avoided the topest point while drawing the trendline. Trend line should be start from the topest logical trendline point for true and correct result. if the trade is on the basis of trendline breakout, the stoploss should be yesterday's Low. The secong logic was this. there is a support line at 505.40 price level....

BPCL In the above chart BPCL was in downtrend for the past 2 to 3 days. But the stock is in sideways in last 2 days. Here 710 act as Resistance and 696 Act as Support. The stock is trading between it's resistance and support area after a down move. It may be just a consolidation. If the Stock Break the Resistance (710) and stay above it, The trend be considered and changed from down to up. (Buy can be initiated). If it break resistance, 723 area is next resistance level. If it break the Support, the stock will continue it's downtrend. (Sell can be initiated) Coal India Coal India was in clear down move in first 2 days. After that, The stock was in consolidation downtrend. Stock still going to down move after breaking the first trendline but The slope of the trendline is lowering. Both trendline is in downsilde but 2nd trendline slope is lower than first. Which means the stock down move is weakening and downtrend is coming to end. Stock downtrend is weake...

Most of the time, Breaking of a trendline causing the changing of trend or Momentum. Some time trendline break changed the stock trend to reverse the move. Some times stock price move sideways after breaking a trendline. sometime, Trend will not change even after trendline break.  Identifying deeply "what happen to price after breaking a trendline" will help you for better trading. Sideways Price Movement after Trendline Break There are  Trend line broke but still down. But the downtrend is weakening

BhartiArtl bought @ 375.50 Exit @371.50 Stoploss Triggered Bharati Airtel Bought at 375.50. the stock was in little downtrend consolidation till 2 days ago. the stock broke consolidation trendline yesterday and made a sharp move. Add caption After the move, the stock witnessed an intraday correction. After the correction, the stock shown an uptrending possibility in the early morning (Expected a "V" shape recovery). Because the Trend seem to be changed from down to up. That's why i bought the stock with the expectation of uptrending target 380, stoploss @371.60 previous day low (Considered it is the support area). But the stock hit stoploss. The Actual Support of the stock is at 366 levels Here i bought the stock based on the assumption that the stock changed its momentum because the trendline breaked. But the reality is that the we can not say that the trend changed with only trend line breaking. at least on "Higher Low" pattern is needed for true ...