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#1 Live Trading on Glenmark Pharmaceuticals Ltd #1 Live Trading on Godrej Industries Limited #3 Live Trading Session 1-2-3 Strategy 1-2-3-4 Reversal Trading Strategy 10 CHART PATTERNS FOR PRICE ACTION TRADING 10 Habits of successful traders 10 Performing Candlesticks 10 PRICE ACTION BAR PATTERNS YOU MUST KNOW 10 PRICE ACTION CANDLESTICK PATTERNS YOU MUST KNOW 10 Things You Can Learn From The World’s Best Traders 10 TYPES OF PRICE CHARTS FOR TRADING 123 forex trading strategy 123 Trading Strategy 200 SMA 3 Bar Net Line Strategy 6 Best Price Action Trading Strategies 7 RSI TRADING STRATEGIES 9 Advanced & Profitable Trading Strategy 9 Funny Facial Expressions AB = CD Price Action Strategy Abb India Limited Aditya Birla Nuvo Limited Aditya Birla Nuvo Ltd ADVANCED REVERSAL STRATEGY Alice Blue Opening Link Alphabets Amaraja Battries Ambuja Cement Anupam Rasayan India Limited IPO Asian Paint Ltd Aurobindo Pharma Limited Bajaj-Auto Bearish Crossover Bearish Engulfing Bearish Engulfing Candle Bearish Reversal (Red-Red) BEML Ltd Best Stock Market Strategy Bharat Finance Inclusion Blood Rain Pattern bollinger band Bollinger Band Price goes below Mid line Strategy Bollinger Band Price gone above mid line Bollinger Band Strategy Breakout Stock Trading Strategy Bullish Crossover Bullish Engulfing Bullish Gartley Pattern Strategy Bullish Three Bar Reversal Butterfly Spread Cadila Healthcare Limited Calendar Spread Camarilla Equition canara Bank Candlestick Charts Candlestick Patterns Candlestick Patterns Strategy Cesc Limited Chart Patterns Cipla Closing Above Previous High for 3 Days Closing Below Previous Low For 3 Days coal India Cup & Handle Pattern Daily Life of a Trader dark cloud cover Day Trading Breakout Day Trading Setups Day Trading Setups – 6 Classic Formations Day Trading Strategy DBLHC Descending Triangle Divergence Price Action Strategy DIVI'S Laboratories Ltd Doji Candlestick Patterns Dojis Double EMA Dr Reddy Dr. Reddy's Laboratories Limited Early Morning Range Breakouts – 4 Trading Strategies EMA Equity Market EXHAUSTION BAR Falling Wedges (26th Dec 2017) Federal Bank fibonacci Fibonacci Retracement Fibonacci Retrenchment Strategy Fibonacci swing trading strategy Flag Pattern Strategy Flash Pattern Forex Trading Strategies Fyers Account Gandhi Jayanti Gap Up Gartley Pattern Glenmark Pharmaceuticals Limited godrej Godrej Consumer Products Limited Godrej India Gppl Happy Birthday Happy Chhath Puja Happy Diwali Happy Diwali (2017) Happy Diwali (2018) Happy Dussehra Happy Ganesh Chaturthi Happy Holi Happy Independence Day 2017 Happy Janmashtami Happy Krishna Janmashtami 2017 Happy Muharram 2017 Happy Navratri To All Happy Teacher Day Harmonic Pattern HCL Technology HDFC HDFC Bank Head & Shoulders breakout Head & Shoulders Pattern (6th Oct 2017) Head and Shoulders Pattern Higher high of 3 days Hikkake Pattern Hindustan Petrolium Hindustan Unilever Hindustan Unilever Limited HOW TO DRAW TRENDLINES How To Trade Supply And Demand IndusInd Bank Indusind Bank Ltd Infosys INSIDE BAR Inside Bar - 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#1 Live Trading on Glenmark Pharmaceuticals Ltd
#1 Live Trading on Godrej Industries Limited
#3 Live Trading Session
1-2-3 Strategy
1-2-3-4 Reversal Trading Strategy
10 CHART PATTERNS FOR PRICE ACTION TRADING
10 Habits of successful traders
10 Performing Candlesticks
10 PRICE ACTION BAR PATTERNS YOU MUST KNOW
10 PRICE ACTION CANDLESTICK PATTERNS YOU MUST KNOW
10 Things You Can Learn From The World’s Best Traders
10 TYPES OF PRICE CHARTS FOR TRADING
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123 Trading Strategy
200 SMA
3 Bar Net Line Strategy
6 Best Price Action Trading Strategies
7 RSI TRADING STRATEGIES
9 Advanced & Profitable Trading Strategy
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Saturday 29 September 2018

1-2-3 Strategy – Price Action Strategy

- 2 comments

The forex 1-2-3 price action pattern trading is most simple yet powerful forex strategy you’ll ever find.

Question: When to use Forex 1-2-3 Price Action Pattern?

Answer: It works for any time.

The 1-2-3 pattern work best when the patterns follow the direction of trend (it also works against the trend). The pattern is also easy to identify on the chart and you can find it every day.


forex-1-2-3-strategy-price-action-1

We’re going to use MACD indicator as a combination to filter bad trades.

The basics of MACD:


forex-1-2-3-strategy-price-action-2

When the histogram flips up, then look for buy only.

forex-1-2-3-strategy-price-action-3

When the histogram flips down, then look for sell only.


The Forex 1-2-3 Strategy Method:

The 1-2-3 pattern in an uptrend


forex-1-2-3-strategy-price-action-4

1.Existing trend

2.Higher high

3.Higher Low

***Break out of 2 (green line), results in strong continuation of price to up direction.

The 1-2-3 pattern on downtrend


forex-1-2-3-strategy-price-action-5

1.Existing trend

2.Lower Low

3.Lower High

***Break out of 2(red line), results in strong continuation of price to down direction.

It’s not that complicated to learn this pattern. It takes a while to recognize and remember the pattern.

The setup divided into two parts:

Buy Setup

Sell Setup

The buy setup:

Make sure the MACD histogram is flipping up

forex-1-2-3-strategy-price-action-6Apply the 1-2-3 pattern.

forex-1-2-3-strategy-price-action-7

Set a pending order just 1-3 pip above the 2

Stop loss on 3

More Examples for buy setup:


forex-1-2-3-strategy-price-action-8
forex-1-2-3-strategy-price-action-9


The Sell Setup:

Make sure the MACD histogram is flipping down.

forex-1-2-3-strategy-price-action-10

Apply the 1-2-3 pattern.

forex-1-2-3-strategy-price-action-11

Set a pending order just 1-3 pip below/on the 2

  • Stop loss on 3

  • More Examples

forex-1-2-3-strategy-price-action-12
forex-1-2-3-strategy-price-action-13

Profit Target discussion:

Count the pip range of A. Most of time, the Length of A=B. If the A=60 pip. B is also 60 pip.


forex-1-2-3-strategy-price-action-14

Day Trading Strategy Using Supertrend

- 26 comments
This SuperTrend day trading strategy is a simple trading strategy & its easy to spot the signal of SuperTrend green or red and also has simple trading rules which  stock traders can find easy to use

Timeframes : 5,10,15 Minute
Pairs : Indian Stock (Future Script)
Indicators: Supertrend (7,3)



 Buy Rules




 #1: Entry Point




if two continuous timeframe Buy supertrend indication appear like
 5 minute & 10 Minute 
5 minute & 15 minute
10 minute & 15 minute
check if open = Low 
 #2: Target Pointt




Script 1% target

 #3: Stoploss





Day candle low 

Muthootfin_19_Sept_2018
------------------------------------------------------------------------------------------------------------------------------------------------------
 Sell Rules



 #1: Entry Point




 if two continuous timeframe Sell supertrend indication appear like
5 minute & 10 Minute 
5 minute & 15 minute
10 minute & 15 minute
 check if open = High
 #2: Target Pointt




Script 1% target
 #3: Stoploss





Day candle low 
Wockpharma_24th_Oct_2018


------------------------------------------------------------------------------------------------------------------

Risk Disclaimer

All information is for educational purposes only. Nothing should be considered as a buy or sell recommendation. The risk of loss in trading stocks, commodity futures and options is substantial. Before trading, you should carefully consider your financial position to determine if trading is appropriate. When trading stock, futures or options, it is possible to lose more than the full value of your account. All funds committed should be risk capital. Past performance is not necessarily indicative of future results. This email may is a paid advertisement. It could be for a product or service that is not offered, recommended or endorsed by Stock Alphabets and neither the company nor its affiliates bear responsibility or control over the content of the advertisement and the product or service offered. Proceed at your own risk.The information and material contained in these pages and the terms, conditions, and descriptions that appear are subject to change without prior notice. Investments in equity shares, debentures etc, are not obligations of or guaranteed by the Stock Alphabets, and are subject to investment risks.The information contained in this website, including text, graphics, links or other items are provided on an 'as is', 'as available' basis. Stock Alphabets does not warrant the accuracy, adequacy or completeness of this information and material and expressly disclaims liability for errors or omissions in this information and material. No warranty of any kind, implied, express or statutory, including but not limited to the warranties of non-infringement of third party rights, title, merchantability, fitness for a particular purpose and freedom from computer virus, is given in conjunction with the information and materials.In no event will Stock Alphabets be liable for any damages, including without limitation direct or indirect, special, incidental, or consequential damages, losses or expenses arising in connection with this website or use thereof or inability to use by any party, or in connection with any failure of performance, error, omission, interruption, defect, delay in operation or transmission, computer virus or line or system failure, even if Stock Alphabets, or representatives thereof, are advised of the possibility of such damages, losses or expenses. Hyperlinks from and to other websites are at your own risk; the content, accuracy, opinions expressed, and other links provided by these resources are not investigated, verified, monitored, or endorsed by Stock Alphabets.




Thursday 13 September 2018

9 Funny Facial Expressions Reveal How StockTraders React To Stop Loss

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How do you react when your stop loss is about to be hit? How do you react when your stop loss is hit and price moves back in the direction you knew it was going to go? How do you react when you’ve had a margin call from you stock broker?

If You’ve Been Trading Stock For A While…

Everyone who’s been trading stock for a while would have your fair share of stop loss being hit and margin calls and thinking that the stock market is manipulated etc..etc..etc..
Well there’s nobody better than Mr Bean to shed some light into the facial expressions of forex traders when they are in a live trading situation and the stop loss is just about…oh well, have a look below anyway… 🙂

forex trader reacts to stop loss nearly being hit funny forex pictures
Don’t forget to share this…

7 Interesting Facts About Support And Resistance Levels

- 1 comment
But the truth is that many new forex/Stock traders still get it wrong when it comes to trading support and resistance levels because they do not understand some of these 7 interesting facts I’m going to mention here.
These can help you in your trading…

#1: Obvious  Factor

Every support and resistance level on any chart must be VERY obvious.
Which means they stick out, stand out, whatever you may call it.
In simple terms, support and resistance levels should stick out like a bull’s balls:
resistance and support levels must be obvious to everyone
If you are unsure if a level you see is  a S&R level or not, then get back to  what I said before ask yourself this question: is it really obvious?
If you can’t see it, thousands of traders all over the world can’t see it. Which means don’t bother with such price levels.

#2: Each Timeframe Has Its Own Support And Resistance Levels

Each timeframe has its own support and resistance levels.
Larger timeframes cover up the smaller support and resistance levels found in much smaller timeframes.
Here is an example of what I’m talking about showing obvious support and resistance levels in the daily timeframe on EURJPY chart:
daily support and resistance levels in EURJPY
Now, this chart below is the same chart of above but in the 4hr timeframe and notice that in the 4hr timeframe, you also have 4hr timeframe support and resistance levels:
support and resistance levels in 4hr timeframe eurjpy currency pair
When you are trading support and resistance levels in the smaller timeframes, you should also be aware of how far away price is to the major support and resistance levels found in the larger timeframes.
Why?
Support and resistance levels in larger timeframes are major trend changers!
That’s why!

#3: Support And Resistance Levels Are Zones

A support or resistance level is not just a line drawn on the chart highlighting one specific price level.
Support and resistance levels must be considered as jones.
Why?
Well, have you ever been in a situation where price just comes down to a support level and but not really touching it and then shoots up?
support zone on EURAUD weekly timeframe
Chances are, the area where price shot up was a support zone…price could have shot up anywhere withing that support zone.
Just because you were focused on one price level, you missed this trade.
Support and resistance level zones can vary from a few pips up to 100 pips and that really depends on the timeframe you are seeing it in.
For larger timefrme, there will be a quite a huge range for this support/resistance zone.

#4: TREND CHANGERS

Support and resistance levels are trend changers.
support and resistance levels are trend changers
Every time, price goes to a support level, you should expect that an uptrend may be forming soon.
Every time price goes to a resistance level, you should expect that a downtrend may be forming soon.
Support levels are demand levels
Resistance levels are supply levels.
When price heads to support and resistance levels, the demand and supply changes.
Ok, this is not a difficult concept to understand.
What happens at support levels? Lots of buying power comes in, right? So what happens to price? It shoots up. Right.
In a resistance level, the opposite happens. Demand weakens and there’s an oversupply. What happens if there’s an oversupply?
Price drops.

#5: Trading Support And Resistance Levels In Larger time Frames Offer The Best Risk:Reward Outcomes

Again, this is so obvious.
Go open up your chart and look at a past support or resistance level and imagine what would have happened if you bought at the support level and held your trade for 15 or more days?
Did price move 700 pips? 1000 pips?
Let’s look at a “what if” scenario.
Trader Joe Blow saw this major support level/zone  and took a buy trade.
His stop loss was only 40 pips.
His take profit target was the obvious resistance level above.
About 2 months later, his profit target was hit, giving him 400 pips profit.
His risk:reward=1:10.  Awesome trade outcome, in my opinion.
trading support and resistance levels offer the best risk to reward outcome
Now, this example above is for trading support and resistance on larger timeframes but even in in smaller timeframes, the risk:reward of trading support and resistance levels there are pretty much going to be the same.

#6: Roles Change/Reversal

This is when a previous support level becomes a resistance levels and a previous resistance level becomes are support level.
support and resistance levels can reverse roles
When a major support or resistance levels get broken and price moves away from it, don’t be fooled…
One day, price may head back to the broken level and guess what will happen?
Roles may reverse so it is not truly over yet so don’t forget that.

#7: Time Matters

How far away in the past should you go looking for support and resistance levels?
It depends on your trading style/technique and the timeframe you are using to trade.
For my case, I use multiple timeframe trading a lot  and therefore it is important for me to do top down technical analysis from the monthly charts down to the 1hr timeframe to identify where the major support and resistance levels are including trendlines, price channels etc and I have lines drawn up on my charts there to remind me should price ever come close to those levels.
But here’s the thing: the more recent support and resistance level has a much greater significance than those that have been formed “millions of years ago”.
how far away should you look for support and resistance levels
Why is this so?
Well, because what happened in the past may not be easily view able on the trading platform that many traders are using, which means you have to really switch to a much larger timeframe or minimize your zoom out to see what happened in the past.
When trading, put a lot more focus on the recent support and resistance levels.
If there are no recent support and resistance levels then start expanding by going out further into the past to see if you can find support and resistance levels there.

SUMMARY

So there you have it. Trading support and resistance levels first starts with you knowing which are the best levels to pick.
It may take a while if you are new but over time, it just becomes second nature.