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Indianstocks

HIGH ALERT: Bad weather and death crossesI won't say much here because I've narrated much of what I think is going on across several indices. These are very troubled and dangerous times in the markets. Some say it is not possible to time the markets. I disagree. Whilst death crosses come and go, the important contextual issue is when they happen. These death crosses have occurred after a most ridiculous expansion of markets, in the context of reckless Q/E. PE ratios have been off the scale. We know the markets are overbought. So death crosses in the particular context of the markets are significant now. Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which have a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
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by Captain_Walker
Is NIFTY in bulish zone ? Nifty have a very good systematic triangle pattern in top of 1d timeframe if you ignore the fake brakeout because that is a V shape recovery after go downside so its a fake brakeout . I hope it will break after weakly expire . If nifty break the upper level which is 17940 then we may see a bulish candle in nifty but to enter we need a re-test in nifty because we are in the top . so re-test is important as per my analysis . Still if anyone want to every in first brakeout then you need to must set 1:2 target Stop loss after that you can trail . But if that's break downside then you can go with first breakout . *Do your own analysis before entering the trade this analysis is my point of view so do your own research before enter the trade .
NSE:NIFTY
by THE_PSYCHO_TRADER
ATR and RSI in price actionI explain in this video how I view the relationship between ATR and RSI in true trend following situations. This is not about trend continuation or harmonics. This is on the India50 - a 2H time frame. But always one has to look higher to understand the risk and rebellions that may be ahead. Trading is not about investing. It is primarily about exploiting parts of trends. So you're in and out of the markets, to catch a slice of some trend. There are bound to be losses. You absolutely cannot make profits without suffering losses. The business of minimising losses and maximising winning positions - in trend following - has no strict formula. It is about experience in the markets. And each market/instrument has its own personality. For tend followers taking some or all profits in a deep RSI trench is a good thing. The ATR can show important trend switches. There are trading platforms that can be programmed to follow the ATR (or any other indicator), in trend following. (House rules do not permit me to mention here). On such platforms one can program a trade to close if price is above or below a certain figure on the RSI. Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which have a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
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by Captain_Walker
Indian Market: Killzone for a beautiful controlled loss.I explain what I mean by a beautiful controlled loss. Some traders don't want to hear about losses, though it's about the most important thing in trading. The position shown is a paper-trade. Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which have a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
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by Captain_Walker