Price action is getting trickier in Nifty and becoming harder to extract the information. This seems like the game of algorithms to trap the bulls. Back in my institutional days, we call these kind of movements as “pool hunting”. As the name implies, these price action moves happen in order to trick smart traders into […]
Nifty Short term Technical analysis EOD – January 18, 2016 Read More »
Chart illustrates some of my observation, which is marked by numbers. As some of my clients already know that, Nifty is in a Long term bearish corrective structure. This Price action analysis represents the short-term development of nifty in 1 hr chart, especially around structural level 7450.00. It’s also my first technical analysis update in
Nifty Technical Analysis – Buying pressure holding the clutch at 7450.00 Read More »
The basic premise of Intermarket analysis is that all markets are related. In other words, what happens in one market has an effect on another. On a macro level, the four interrelated markets are the commodity, currency, bond, and stock markets. Institutional traders have long understood the impact of interest rates on stocks, for example.
Introduction to Intermarket Analysis Read More »
Price action is an imperfectly defined subject. There are many traders who believe that price action is something complex that cannot be quantified. To other traders, trading price action means trading the patterns of price bars on charts, without the addition of indicators or other lines. But for me, price action simply means how markets
What is Price action trading ? Read More »
Richard Wyckoff believed that Market moved in cycles. In his book, “Studies in Tape reading”, Wyckoff proposed a four-stage Market cycle. His idea was that, this price cycle resulted from the actions of Big players who planned their operations in the market to take advantage of Uninformed Traders and their reaction to price movement. But
Richard Wyckoff Trading Cycle – A Short Guide Read More »