In this post, you will see a week of receiving one-to-one rewards for all positions , which ended with a win-rate of 80%, and this is a strong strategy to get one reward, and in the second week, we will go to R/R-1.5 rewards and that too. We test with our strategy. Thank you for your support and support🙏✨❤️
DXY started a recovery from 100.257 from the heavy decline due to the pause in the interest rate hikes back in December 13th, 2023. The index started to recover from 28th December and to 102.723 due to the positive news from the last Friday NFP fundamentals. Price was quickly knocked down by the negative news on the ISMs late Friday. DXY January candle has done a...
Hello Traders! In this post, I want to present how important is to recognize chart formation, set up correctly resistance levels, and find a good position to execute the trade. For better practice, I will recommend analyzing the history of any chart and trying to search for resistance levels, order blocks, and breakout points, and anticipate a good position for...
Introducing Bunny - the groundbreaking TradingView strategy that promises to revolutionize the world of online trading. Developed by a team of experts in the field, Bunny offers a comprehensive and innovative approach to trading by combining advanced technical analysis tools with a user-friendly interface. With its intuitive design, Bunny allows traders to easily...
#RAIN... Intraday as well as swing trade All levels given in charts ... IF good potential seen then we work in options also if activate then possible a good movement Keep eye on this ... We take trade only when it activates... Possible to give good target TRADING FACTS
so weekends for many mean relaxing, but for many of us it is, contemplating what went wrong, strategizing our risk management and tweaking our strategies. I Had a thought that instead of trading during news and peak session, why dont we trade after the market has done what it has done and enter when the strength has weakened, this way we might cut unnecessary...
So far, I’ve been testing day trading strategies. Which you’d have to watch for hours per day for trading signals. Or automate. And after all that dang work, not one of them beat buy and hold. Ouch. Recently, I found a strategy claiming to beat buy and hold, without any of that hassle. They say you can run it manually and in only 10 minutes per month. Too...
In previous articles, I’ve tested moving average crossovers and bounces. But I didn’t test this famous (or infamous?) indicator related to them… The MACD. When I saw a video from TradingLab on Youtube called “BEST MACD Strategy,” I was curious to test his approach. What’s a MACD Daddy-o? It stands for Moving Averages Convergence Divergence. It’s meant to...
Since I tested Bollinger Bands in the last article , what’s natural to think of testing next? Rubber bands? Rock bands? No, you silly goose! Keltner Channels… What’s the Difference Between Keltner Channels and Bollinger Bands? Bollinger Bands are based on chunks (called “standard deviations”) away from an average. Keltner Channel bands are based on...
Dear traders gold start with bearish daily candle so it may still in correction after the big move l gold won’t up this week because it has a lot of secret behind the chart so as I said you should look for buy above 1957 and if price came and close below 1952 you should look for sell ...trade safe Good luck
If you read last week’s article, you saw results for the famous (or infamous!) moving average crossover. It bombed vs buy and hold over the last 10 years, even when using take-profit and stop-loss levels. So, how do moving average bounces perform with the same exit levels? That’s what we’re testing today… The Trading Truth Test Setup Our setup is the same...
If you’ve ever sat up late at night watching tv, you may have seen an infomercial for software to become a day trader. They make trading sound so simple. Buy when a green arrow appears on the chart. Sell when a red arrow pops up. You’re snickering right now because you already know it doesn’t work. Yet so many traders talk about moving average (MA) crossovers...
So I've taken the Lorentzian Machine Learning indicator as well as 2 other support/resistance + supply/demand indicators and added a Bollinger Band strategy to the Machine learning indicator which is now a combination of the Machine Learning indicator and Bollinger strategy and uses the same settings panel to dial in the merged strategy/indicator tool which is now...
Testing out my own strategy. tracking the win/loss percentage
In this back testing session I could see that the downtrend was over as soon it rejected the support (demand area) it broke the previous resistance( supply area) and created a higher low. In other words, market structure changed and we were in a uptrend. We broke the resistance many times but we never close above the resistance. However, as soon as the candle...
BANKNIFTY Pre-analysis:::::::::::: Overall Structure : Sideway Index Components : Neutral Correlation FGI Sentiments : Bullish; Indian 61↑ & Global 62↓ FII /DII Status : Neutral in Cash Market & Derivatives (With Combined OI) Insider Data : Neutral, PCR: 0.87↓, IVP: 0.4↓, Low IV: 14.78↓, VIX: 14.39↓ (23/29)↓ ↑Upper Level : 42600, 42750, 42850, 43000, 43100. ↓Lower...
NIFTY Pre-analysis:::::::::::: Overall Structure : Sideway Index Components : Neutral Correlation FGI Sentiments : Bullish; Indian 61↑ & Global 62↓ FII /DII Status : Neutral in Cash Market & Derivatives (With Combined OI) Insider Data : Neutral, PCR: 0.73↓, IVP: 0.4↓, Low IV: 11.74↓, VIX: 14.39↓ (23/29)↓ ↑Upper Level : 18380, 18450, 18500, 18550, 18600. ↓Lower...
BANKNIFTY Pre-analysis:::::::::::: Overall Structure : Neutral/ Bullish continuation Index Components : Neutral Correlation FGI Sentiments : Bullish ; Indian 60↑ & Global 67↑ FII /DII Status : Positive in Cash Market & Derivatives (With Combined OI) Insider Data : Neutral, PCR: 1.2↑, IVP: 1.19↓, Low IV: 16.7↓, VIX: 15.10↑ (24/30)↑ ↑Upper Level : 42615, 42750,...