WANT TO BE A SUCCESSFUL TRADER or INVESTOR? LEARN FROM EXPERTS | CALL: +919108911590 | Info@tradingcoach.co.in

Tag Archives: Richard Wyckoff

Venkys Stock Price action indicates an overextended Uptrend in weekly chart

Venky’s Stock prices – Focus on the Trend in Weekly Chart

By Trading Predator March 16th, 2018 No Comments

Venky’s Stock prices are trending higher since 2015. Within a matter of 3 years, Share prices climbed from 210 to 4175, that’s more than 500% returns! Despite multiple corrections and retest, share prices managed to make higher highs because of renewed buying interest and momentum of in the stock. Richard Wyckoff would refer these types

MCX Crude Oil | Position adjustment are driving price action lower

Crude Oil | Price Action Falls after Crude Oil Inventory Surges

By Trading Predator November 3rd, 2016 No Comments

By looking at the Price action in 4h chart of MCX Crude oil (now trading at 3042.00), we can spot the bearish signs flashing through. Prices started consolidating since the beginning of October and in the start of November crude oil sold off rapidly. This is third time, Market failed to sustain above the most

Price action Trading | MCX Share prices are corrective since October 2016

MCX Shares are in Correction Following a Strong Breakout

By Trading Predator November 2nd, 2016 2 Comments

Following a strong Impulsive Breakout in the September (the move which lasted till the beginning of October) Price action turned into corrective structure composed of small candles lacking momentum and liquidity. Pullback Failure at 1400.00 forced retail investors to exit the positions creating a corrective selloff in the month of October. The correction may last

3 Price action trading strategies based on trapped traders concept

3 Price Action Trading Strategies to Profit From Trapped Traders

By Trading Predator October 21st, 2016 No Comments

Trapped traders are those who are struck in the market after they got into the wrong side of the trade. These traders might suffer an emotional shock due to the loss they incur. But, if we closely watch their steps, we can reap profits out of it. In other words, these exiting traders help us