“Better management of profits and losses are the fundamental facts, which separates successful traders from gamblers.” Some of the most successful traders I know and I follow are usually great planners. They knew that trading is a probability game. They are best at keeping odds in their favor.They merge support and resistance, Price […]
How Smart Traders Approach Profits and Losses ? Read More »
More fundamental reasons support these choppy price action,Year end is just couple of months away. We had no more or less activity in October. DESCRIPTION – TECHNICAL ANALYSIS As you can see the chart, Bank Nifty is trading around potential resistance zone, which is between 17800- 18000. It is a Key level which might provide
BANK NIFTY – LONG TERM PRICE ACTION ANALYSIS Read More »
The concept of Price action trading as a method-it uses the analysis of basic price movement as trading strategy for profitable trading. It is used by many Prop-traders and often institutionally, where auto trading is not employed. It ignores the fundamentals of a security and looks primarily at the security’s price history. Is Price action trading a part of
DEFINING PRICE ACTION TRADING FOR BEGINNERS Read More »
Price action patterns,On which we see different behavior of market price reflection of buying and selling pressure. If there is one price action pattern which is the most deadly combination of losing money and greed, then it has to be “Event spike”Before moving further I would like to show that this article is about fading
Price Action Patterns – The Event Spike Read More »
Price Action describes the characteristics of a security’s price movements. This movement is quite often analyzed with respect to price changes in the recent past. In simple terms, price action is a trading technique that allows a trader to read the market and make objective and highly profitable trading decisions based on the recent and actual
Simple Toolkit of a Price Action Trader Read More »