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Best Most Possible Buy in Bull run.According to my analysis, I see a good buy in Rallis 313-315 in this bullish market. Reasons: 1. Supertrend {14/3} generated a buy signal 2. Average Directional Index is above 20* and is rising. 3. 200 ema and 50ema crossing. Time frame: 1day, Strategy Type: Swing Trade *ADX above 20 generally suggests that stock is not in sideways. I firmly believe that Rallis can give 5-20% in 10 to 15 days. NOTE: This is my personal opinion only, not a tip or something. I am not SEBI registered, this is for educational purposes only, you may use my strategy but I will not be responsible in any way for the profit or losses if occurred.
NSE:RALLISLong
by mohitkumarentrepreneur
Pending trade for AUDJPY analysisFX:AUDJPY This is my analysis for the pending trade. Since my confirmations are not all meet yet, that why it's pending. Great things comes to those how wait, also profitable trades. As you know I'm a swing trader and I don't used any indicators for my analysis I only use resistance, support and trend lines to predict the future. Probably two weeks from today all my confirmations will be confirmed since this is a daily time frame. then from there I'll enter my one of the last trades in 2021.
by Prince_Ncama
GBPNZD: Structure Trading With Confirmation 🇬🇧🇳🇿 GBPNZD is trading on a key daily structure support. On 4H time frame the pair is ranging. 1.9425 - 1.945 is the resistance of the range 1.9335 - 1.9355 is the support of the range. To buy wisely, I will look for a bullish breakout of the range's resistance. (4h candle close above the underlined area) They open your trade aggressively or on a retest. Goals will be 1.9545 / 1.9645 In case of a bearish breakout of the range, the setup will be invalid. ❤️Please, support this idea with a like and comment!❤️
Long
by VasilyTrader
22
EURJPY: Inside Bar & Complete Indecision 🇪🇺🇯🇵 EURJPY is trading on a strong daily key level. The price formed an inside bar formation on that signifying complete indecision. On 6H time frame we can see in detail how the price acts: the pair is stuck within a narrow horizontal trading range. 130.75 is its resistance 130.15 is its support From a current perspective I see two potential scenarios: Bullish In case of a bullish breakout of resistance of the range, bullish continuation will be expected Next daily resistance will be 131.07 Bearish In case of a bearish breakout of support of the range, bearish move will be expected Next support will be 129.675 I am on a bearish side and will trade only in case of a bearish breakout, but who knows. ❤️Please, support this idea with a like and comment!❤️
Short
by VasilyTrader
27
An Introduction To Trading Inside Bar SignalsToday’s lesson is an introduction to the inside bar signal and how to trade it. It’s really one of my favorite patterns to trade, especially on the daily chart time frame. Why, you ask? It’s simple. The inside bar pattern shows a pause or indecision in the market, and depending on the surrounding price context it formed within, this provides us with an extremely valuable clue about what a market is about to do next. The inside bar is yet another “tool” in your price action toolbox that will add to your trading strategy which when mastered will help improve your chances of long-term trading success. Let’s get started with some introductory concepts and theory on inside bars… What is An Inside Bar? An inside bar pattern is a multi-bar pattern that consists of a “mother bar” which is the first bar in the pattern, followed by the inside bar. An inside bar pattern can sometimes have multiple inside bars within the same mother bar. Here is what standard inside bars look like: As you can see by the image below, inside bars can form exactly in the middle of the mother bar or close to either the high or low, there is not an EXACT way they have to look, just as long as they are contained within high to low distance of the mother bar 4 Variations of Standard Inside Bars 1. Double (multi) inside bar The “double inside bar” consists of two inside bars within the structure of the mother bar. They are pretty common and often times you will even see 3, 4 or sometimes (rarer) even more inside bars within the same mother bar structure. These patterns signify a prolonged period of indecision in the market and they can come before very powerful breakout moves… 2. Coiling Inside Bars Coiling inside bar patterns occur when 2 or more inside bars are “coiling” up tighter and tighter like a spring, within one another. Pay special attention when you see these because they mean the market is contracting and just like a spring wound up tighter and tighter, eventually it’s going to “release” and explode into a powerful move (in many cases). 3. Fakey Pattern (inside bar false-break ) The fakey trading pattern is very important in regards to inside bars because there is an inside bar pattern within a fakey. As you can see below, a fakey is actually a false break out from an inside bar pattern. It’s literally where price initially breaks one way from an inside bar pattern, but then quickly reverses, sucking everyone out who was wrong and then charging back the other direction. Obviously, these are giving us VERY intelligent clues as to the next potential direction in price. 4. Inside Bar Pin Bar Combo Pattern As we all know, pin bars are one of the best price patterns you can trade and when it’s when you get a pin bar that is also an inside bar, that you have an inside bar pin bar combo pattern. When you combine a pin bar into an inside bar, you are getting both a “wind-up” that is going to be released and a pin bar with a tail / shadow that indicates the next potential direction of the market. Hence, an inside bar is not just a pause in the market, it’s a pause with an extra piece of confluence behind it, and as a result, a more powerful price action signal. Trading Inside Bar Patterns There are essentially two main ways we can look to trade inside bars, as with most other patterns; as a continuation signal or as a reversal pattern. Now, I prefer to trade them as continuation signals in trending markets on the daily chart, because that’s the easiest way to trade them quite frankly. However, inside bars CAN indeed be very powerful at major support and resistance levels as reversals. Let’s look at some examples: 1. Trading Inside Bars as Continuation Move s The “classic” way to trade an inside bar pattern, and the way that I love trading them the most, is within a trending market, as a continuation move. An inside bar is much easier to take in a trending market because the odds are already in your favor for trading with the trend. The inside bar will many times lead to a breakout or continuation in-line with the existing trend direction. They can provide a good structure to try to pyramid your trade into a huge win. Tip : Avoid trading inside bars at major levels until the level has cleared, because many times such inside bars will create a false break at the major level. 2. Trading Inside Bars as “Stall Patterns” / Reversals Sometimes, you can trade an inside bar as a reversal / stall pattern where price “stalls” out at a level and that leads to a reversal back the other direction. In the chart below, we can see an example of a good inside bar reversal signal. Notice that the inside bar formed at a key chart level, indicating the market was hesitating and “unsure” if it wanted to move any higher. We can see a strong downside move occurred as price broke down past the inside bar’s mother bar low.. Please note that trading inside bars as reversal patterns should ONLY be tried after you have successfully mastered trading them in-line with the daily chart trend as continuation / breakout plays, as we discussed above. Special Inside Bar Trading Tip s Here are some of my tips and tricks when trading inside bars. These are things that I learned over the years that will improve your chances of success when trading this pattern: 1. Tighter inside bar patterns and coiling inside bar patterns often lead to explosive large break out moves. This is because of the “stored energy” that took place as the market “coiled”, that energy typically gets released in the form of a strong breakout move… 2. Patterns containing smaller inside bar patterns allow tighter stop losses and great risk reward, these are the ideal candidates. 3. Be wary of patterns with both very large mother bars and large inside bars, these can often be difficult to trade due to lots of false signals and they make it more difficult to manage risk. 4. My favorite 2 patterns are – Fakey signals and – Inside bar pin bar combos. 5. We must learn to filter inside bars because the one bad thing about them is that a lot of them form across all time frames. However, with proper training and experience on the charts, you will learn to differentiate. CONCLUSION This was a basic introduction to the inside bar signal and how I trade it, I cover this pattern and much more in my advanced price action trading courses. Upon joining, some of what you will learn is: 1. More inside bar variations and how to trade them. 2. More example charts. 3. Members trading discussion forum, including inside bar discussion 4. Daily members on-going daily and weekly market commentary where we discuss potential inside bar trade setups as they form. 5. Members trading videos and articles library that includes more in-depth inside bar trading training. 6. Email coaching & Support line. 7. On-going updates for free I hope you found today’s lesson helpful and inspiring. Inside bars are truly one of the most interesting and powerful price action signals so I hope you enjoyed learning about them and that you’ll continue to do so. Please Leave A Comment Below With Your Thoughts On This Lesson… If You Have Any Questions, You can drop your question as comment or message me privately.
Education
by Skuchies_CryptoKing
How to place stop loss like a Pro TraderStop loss placement is perhaps not the most glamorous of trading topics to discuss, but it is a critically important one. If you do not know how to properly place your stop loss, you will be in for a very, very rough ride as you trade the markets. Essentially, for a trader, everything hinges on proper stop loss placement and risk management. If you understand these two aspects of trading and how to approach them properly, making consistent money in the market will become much, much easier for you. Note : This lesson is based on higher time frame charts and the concepts are not applicable to very low time frames which is a different world of trading and not something I do or recommend so I can’t comment on it. The theory behind placing stop losses like a pro trader The first thing to understand and drill into your head about stop loss placement is that you should NEVER place a stop loss based on some random amount of pips. I know a lot of traders do this because I get emails from traders telling me they use “20 pip stops” or “50 pip stops”, etc. etc. This is NOT proper stop loss placement and it is definitely NOT how professional traders place their stop losses… A stop loss should typically be based on a level in the market. Price should have to breach a level to ‘prove’ your trade wrong. You want to see price invalidate your view by giving you fact-based evidence you are wrong, that evidence comes in the form of the most logical nearby level of support or resistance being breached. You need to take into account the context of the market you are trading and determine what level price would have to break through before your original view doesn’t make technical sense anymore. Let’s take a look at two examples to make this clearer… The first example below shows a random pip amount stop loss placement, the second example shows a stop loss placed within the context of the market and nearby levels. Make note of the end results of both trades… Notice in the chart below the trader placed his stop loss at an arbitrary 50 pip distance from entry. Traders typically do this because they don’t understand how to place stops properly and also because they want to trade a bigger position size. This is wrong. You need a logic / chart-based reason to place a stop loss, not just a random pip distance or a pip distance that will allow you to trade the size you want. Notice this trader would have been stopped out for a loss just before the market shot higher, without them on board… In the next chart, we can see how this trade worked out for the trader who knew how to place stops properly / like a pro and who wasn’t placing his stop arbitrarily or based on greed (to trade a bigger size). Notice the stop loss was placed beyond the key support level and beyond the pin bar low, giving the trade good space to work out but also being placed at a point that would logically invalidate the trade if price moved beyond it…. Let’s briefly go over typical stop loss placement on two price action setups I teach; the pin bar signal and the inside bar signal . You will notice, I used a risk reward ratio of 2 to 1 on each trade, this is my ‘default’ risk reward. In other words, I always start any trade by seeing if a 2 to 1 (or more) risk reward is realistically possible given the market structure and context the pattern formed within. For expanded examples, you can reach out to me for my lesson on how to place stops and targets like a pro . Note: Be aware of the average volatility over the last 7 to 10 days of the market you’re trading. You want your stop at least half of ATR (average true range) if not more or you will get stopped out due to noise. The Average True Range is a tool we can use to see average market volatility over XYZ days. It is a good tool to utilize for stop loss placement when no nearby key levels are present. To learn how to apply and use the ATR tool more in-depth, you can reach out to me for my article on the average true range. The example below shows how to use the ATR for stop loss placement and how it can keep you in a trade despite initial choppy conditions after the pattern… IMPORTANT STOP LOSS PLACEMENT TIPS It’s important to consider reward or target potential before taking any trade. You base the potential target of a trade on the stop loss distance. If the stop has to be too wide in order for the trade to have enough space to potentially work out, and the risk reward potential doesn’t stack up, then it’s usually not the best idea to take the trade. Risk reward and position sizing are intimately related to stop loss placement obviously, and crucial topics in their own right. But, we are focusing here in this lesson just on stops, be aware that stops are paramount and take precedence over targets, in a way, stops are a qualifier for the target and overall risk reward and will effectively help you filter trades you should take and should not. It is important to note that stops should always remain constant and can’t be widened, however targets can be widened, stops should only ever be tightened and moved into break even and trailed, make sure that’s concrete in your trading plan. Stops are crucial to managing risk because once we find the stop loss placement we can then determine our position size on the trade and then we know ahead of time the cost and risks of the trade. As part of our trading business plan, stops are a cost of doing business as a trader, they are also there to force us to get out if we are wrong on a trade, despite our emotional bias towards staying in a trade, which in the end can cost us dearly if we were to hang onto a loser until we blew out our account balance. CONCLUSION A properly placed stop loss is truly the starting point of a successful trade. It allows us to proceed with calculating reward targets on trades and position size, effectively allowing us to execute our predetermined trading edge with a clear mental state and discipline. Traders who do not focus on stop loss placement first or put a lot of importance on doing it right, are doomed to fail and blow out their accounts. I hope today’s lesson has given you a little ‘snapshot’ into how I approach stop loss placement. My trading course and members’ area will further educate you on how I place stop losses and how I incorporate stop loss placement into my overall trading strategy. To learn more, you can reach out to me privately.
Education
by Skuchies_CryptoKing
BTC/USDT - LongBINANCE:BTCUSDT I can see a real good movement on BTC, even though there might be some pullbacks along the movement... (Using Fibonacci retracement) We can see a strong support (@ $29,700 - $30,000), since the very beginning of this year... and a near support/resistance (@ $40,500).... retracing the movement with fibonacci level, we can see the market projecting towards the 50% level ($44,120)... and with a big momentum move, it can make a way through the 50% level and project higher and then have a breathing space at the near support/resistance.. before completing its full movement Also, for dynamic resistance and support, we can see both the EMA 12-period and 10-period acting as support now.. this proof the bullish direction of the market Don't forget, there will be some pullbacks during the bullish movement Trade carefully, and make sure you give the market enough time to play out any ways it want to Like and share your thoughts as comment, if you agree with me or otherwise... lets trade and win together Don't forget to follow me to have quick update of my further analysis, i will follow back as well.
Long
by Skuchies_CryptoKing
2