I’ve got some exciting news to share with you. I was invited to speak at a super cool trading event and I have a ticket for you! I’m joining 25+ world-class traders (names like Peter Brandt, Jack Schwager, Mike Bellafiore, Adam Khoo, and so many more!) at the Online Trading Summit 2019 https://academy.traderwave.com/a/18609/zo87Kszf happening during … Read more Honored to be part of Online Trading Summit 2019!
Introduction The Rate-of-Change (ROC) indicator, which is also referred to as simply Momentum, is a pure momentum oscillator that measures the percent change in price from one period to the next. As a momentum oscillator, ROC signals include centreline crossovers, divergences and overbought-oversold readings. The Price Rate-of-Change (“ROC”) indicator displays the difference between the current … Read more Trading using PRICE RATE-OF-CHANGE
Overview The Average True Range (“ATR”) is a measure of volatility. It was introduced by Welles Wilder in his book, New Concepts in Technical Trading Systems in 1978, and has since been used as a component of many indicators and trading systems. The average true range indicator is an oscillator, meaning the ATR will oscillate … Read more Trading using AVERAGE TRUE RANGE
In Continuation With Last Article Ranging Markets Set overbought and oversold levels based on observation of past price behavior. Go long when Detrended Price Oscillator crosses below and then back above the oversold level. Go short when Detrended Price Oscillator crosses above and then back below the overbought level. Trending Markets Only trade in the … Read more Trading Using Detrended Price Oscillator (DPO)
Asian Paint Positional/Swing Traders can use the below mentioned levels Close above 900 Tgt 932/953 Intraday Traders can use the below mentioned levels Buy above 900 Tgt 906,913 and 920 SL 895 Sell below 893 Tgt 889,882 and 872 SL 897 Arvind Close above 288 Tgt 305 Intraday Traders can use the below mentioned … Read more Asian Paint, Arvind and Dabur Trendline Analysis
Introduction Fibonacci numbers were derived from an Italian mathematician Leonardo Pisano. Fibonacci was a mathematician who was born in Italy around the year 1170. It is believed that Mr. Fibonacci discovered the relationship of what are now referred to as Fibonacci numbers while studying the Great Pyramid of Gizeh in Egypt. What are Fibonacci numbers … Read more Fibonacci Studies and the Stock Market
Overview On balance volume (OBV) is a momentum indicator, the calculation of which relates volume to price change. OBV was developed by Joe Granville. .OBV provides a running total of volume and shows whether this volume is flowing in or out of a given security. OBV attempts to detect when a financial instrument (stock, bond, … Read more Understanding ON BALANCE VOLUME indicator
There are hundreds of trading styles out there. There are dozens of markets to trade. There are multiple time-frames to trade on. But there are only 2 kinds of traders that are making any money. And the only question you need to be asking yourself is: am I one of them? If you are one … Read more 2 Kinds of Traders Making Money Which one are you ?
Rule 1 – If you cannot see trends and patterns almost instantly when you look at a chart then they are not there. The longer you stare, the more your brain will try to apply order where there is none. If you have to justify exceptions, stray data points and conflicting evidence then it is safe … Read more Charting and Technical analysis Rules
M&M M&M seeing a trendline breakout close above gann number of 898 stock is heading towards 932 in short term. Buy above 900 Tgt 905,917 and 930 SL 897 Sell below 895 Tgt 888,883 and 876 SL 898 Ranbaxy Positional traders should look for a close above 344 for short term target of 356 and … Read more How to trade M&M,BHEL and Ranbaxy ?