Swingtrading
SWING TUTORIAL - RALLISIn this tutorial, we analyzes the reversal of NSE:RALLIS 's 50% decline, identifying key technical indicators that signaled a buying opportunity. We'll explore how to recognize bullish momentum and optimal entry points using chart analysis.
NSE:RALLIS reached its all-time high at 362 before experiencing a significant downturn. However, the stock began forming support levels near 200 in June 2022 and retested this level again in May 2023.
Key Observations:
1. Support Levels: The stock consistently found support at ₹200, indicating a potential reversal.
2. MACD Indicator: The Moving Average Convergence Divergence (MACD) line showed steady upward momentum, signaling increasing bullish pressure.
3. MACD Crossover: The successful crossover in June 2023 confirmed the bullish trend, creating an entry opportunity.
Trading Strategy and Results:
Based on this analysis, our entry point was established at the MACD crossover. The stock subsequently rose to its swing high levels, yielding approximately 85% returns in just 57 weeks.
Note: This case study demonstrates the effectiveness of combining technical indicators to identify bullish momentum. By recognizing support levels, MACD movements, and consolidation patterns, traders can pinpoint potential entry points.
Would you like to explore more technical analysis concepts or case studies? Share your feedback and suggestions in the comments section below.
SWING IDEA - APTUS VALUE HOUSING Aptus Value Housing Finance , a leading home loan provider focusing on affordable housing, is showing promising signs for a swing trading opportunity.
Reasons are listed below :
370-390 Zone Breakout : This level has been tested multiple times, and the stock is now attempting to break out, indicating potential for further upward movement.
Breaking Consolidation Zone of 3+ Years : The price is emerging from a prolonged consolidation phase, which could lead to a new bullish trend.
Higher Highs and Higher Lows : The trend remains intact with consistent upward movements, suggesting continued strength.
Trading Above Weekly 50 and 100 EMA : The stock is trading above these key moving averages, reinforcing the bullish outlook.
New All-Time High : The stock has made a new all-time high, reflecting strong market sentiment.
Volume Spike : A noticeable increase in trading volume indicates increased buying interest.
Target - 450 // 510
Stoploss - weekly close below 335
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
Swing Trading vs. Day Trading in Forex: Which Style Suits You?So, you’ve got a burning desire to trade forex and take over the world—or at least the markets—but there’s one major question still nagging you: How to get there? If you choose to do it with forex trading you’ve got two main ways — swing trading and day trading. Let’s break down what these two mean and which one is right for you. Spoiler alert: neither option involves overnight millionaire status, so let’s keep it real.
Swing Trading: The Art of Patience (But Not Too Much)
Swing trading — you’re not glued to your computer but you’re still in the game. Swing traders look to capture “swings” in the market. These are short- to medium-term price moves that typically last a few days to a few weeks. You’re riding the wave 🏄♂️ but getting off before it crashes on the shore. 🌴
➕ Pros of Swing Trading:
Less screen time : You don’t need to babysit your trades 24/7. Set it, slap a stop loss and chill.
Fewer trades, more quality : You’re focusing on larger, more meaningful moves, meaning fewer opportunities for revenge trading or panic closing.
Flexibility : You can have a life outside of trading. (Pro tip: Don’t quit that job yet!)
Catch bigger price moves : Swing traders benefit from multi-day to multi-week trends, potentially leading to larger gains (or losses, if you’re not careful).
➖ Cons of Swing Trading:
Overnight risk : The market doesn’t sleep, and neither do geopolitical events. Price gaps overnight can wreck your carefully laid plans.
Patience required : If you’re someone who wants immediate action, waiting a few days for your trade to play out might feel like watching paint dry.
FOMO : The market might move without you while you’re waiting for the “perfect” setup. Swing traders often miss smaller, quick gains.
Day Trading: The All-In, High-Adrenaline Life
Day trading — you’re jet skiing with a huge wave behind your back. And there’s a hurricane. It’s on fire. Well, not quite but kind of. You’re in and out of trades within minutes or hours, locking in gains (or losses) multiple times a day. It’s fast, furious, and not for the faint of heart.
➕ Pros of Day Trading:
No overnight risk : You close all your positions by the end of the day, so nothing can blindside you while you sleep.
Action-packed : If you love adrenaline, this is your jam. Every day offers multiple opportunities thanks to so many events happening.
Tighter risk control : You’re constantly monitoring the markets, which means you can (most likely) react quickly to minimize losses.
Quick profits (potentially) : You’re aiming for small, consistent wins. Compound them enough, and you could see some real returns.
➖ Cons of Day Trading:
It’s stressful : Constant focus is draining. If you’re not sharp, it’s easy to make emotionally driven mistakes.
More trades, more fees : Commissions and spreads can eat into your profits since you’re making multiple trades per day.
Time-consuming : You’re glued to your screen for hours. Day traders don’t have the luxury of doing much else while waiting for trades to play out.
Learning curve : It’s a steeper climb to become consistently profitable. Day trading requires mastering short-term price movements, and the odds are stacked against newbies.
❔ Which One Is for You?
So, which trading style matches your life and personality? Let’s break it down:
If you’ve got a day job or prefer some balance in your life, swing trading is your best bet. You can scan the charts in the evening, set your orders, and go about your business while Mr. Market does its thing.
If you thrive in fast-paced environments and can dedicate full days to trading, then day trading could be your playground. But be warned: it’s not just about speed; it’s about being sharp, disciplined, and, well, not losing your focus after a bad day.
If patience is your virtue , swing trading will test it, but the reward is potentially big, long-term moves with less stress.
If you live for the rush , day trading might feed your need for action, but be prepared for the pressure cooker environment and razor-thin margins.
Final Verdict
There’s no one-size-fits-all in forex trading. The key is to match the trading style to your personality, goals, and lifestyle. Are you cool with being patient and letting trades develop, or do you want to be locking in profits on the daily? Whatever you choose, stick to your plan, manage your risk, and remember: the market doesn’t care about your feelings—only your strategy.
If you’ve already tried one style and it didn’t work, don’t sweat it—there’s always another way to play the game. Share your experiences in the comments, and let’s keep the conversation going.
EURAUD: Bearish Outlook Explained 🇪🇺 🇦🇺
EURAUD broke and closed below a support line of a
horizontal range on a daily.
The broken structure turned into a resistance now.
The violation opens a potential for a bearish continuation.
Next supports: 1.611 / 1.605
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ICICI Lombard - Swing Long Setup with Key LevelsThis chart shows a potential long trade setup on ICICI Lombard, highlighting a possible rebound from recent lows. Here's my trade plan:
Entry Zone: Waiting for a 15-minute candle to break above 2096.50 . The high of that 15-minute candle will be my entry point.
Stop Loss: If any 1day candle closes below 2050.50 , I'll exit the trade.
Target: 2188.50
This setup offers a good risk-reward ratio. If we see a strong breakout above the entry zone with decent volume, the price could move towards the target of 2188.50. However, if the stop loss level is breached on a 1day close, I’ll exit the position to protect capital.
Note: This is not any financial advice and for education purpose only.
WTI crude hints at cheeky bounce to $72WTI has fallen over 11% in seven days, and the loss of momentum around $70 could appeal to bullish swing traders. We're not looking for anything heroic here given the mixed signals on futures positioning, but it might be able to deliver a cheeky bounce higher over the near term.
MS.
SWING IDEA - FIVE STAR BUSINESS FINANCE LTDFive Star Business Finance, a leading NBFC (Non-Banking Financial Company) providing small business loans, is showing promising technical indicators for a potential swing trade.
Reasons are listed below :
750-780 Levels Tested Multiple Times : The 750-780 levels have been significant resistance zones. The price is again attempting to break through these levels, indicating strong bullish momentum.
Bullish Marubozu on Daily Timeframe : The recent formation of a bullish marubozu candle on the daily chart indicates strong buying pressure and suggests potential for further upward movement.
Bullish Engulfing Candle on Weekly Timeframe : The weekly chart shows a bullish engulfing candle, which engulfs the previous week's candle, signaling a strong shift towards bullish sentiment.
0.5 Fibonacci Support : The stock is finding support at the 0.5 Fibonacci retracement level, suggesting a strong base for a potential upward move.
Breaking 6-Month Consolidation Zone : Five Star Business Finance is breaking out of a consolidation phase that lasted for 6 months, indicating the potential for a new bullish trend.
Trading Above 50 and 200 EMA on Daily Timeframe : The stock is trading above both the 50-day and 200-day exponential moving averages, indicating a strong uptrend and providing robust support levels.
Consistent Higher Highs : The stock has been consistently making higher highs, reflecting ongoing bullish sentiment and a sustained uptrend.
Target - 875 // 950
Stoploss - weekly close below 685
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
SWING IDEA - SHREE RENUKA SUGARRenuka Sugars , a leading sugar manufacturer in India with a strong presence in ethanol production, is showing a promising swing trade setup.
Reasons are listed below :
53 Zone Breakout : The 53 zone, a previously strong resistance, has been breached, indicating potential upward momentum.
Bullish Marubozu Candle on Daily Timeframe : A bullish marubozu candle has formed, reflecting strong buying pressure.
Crossing 52-Week High : The stock is crossing its 52-week high, signaling strength and potential continuation of the uptrend.
Volume Spike : A noticeable increase in volumes suggests strong market participation, further supporting the breakout.
Target - 65 // 75
Stoploss - daily close below 45
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
Dark Pool Buy Zones Explained with Pro Trader Nudge SignalsThis lesson is about how to identify when a hidden quiet accumulation of a stock is underway and how to prepare for the momentum runs that follow. NYSE:DIS is our example for today.
Dark Pool activity is explained in detail. Alternative Transaction System (ATS) Venues are called Dark Pools of Liquidity.
A Buy Zone is an extended period of hidden accumulation of often millions of shares of stock over several weeks to months.
Professional traders use these buy zones to enter on the penny spread and instigate a trigger of HFT gaps to the advantage of the pro trader. Learn how you can profit from this activity for swing trading or position trading.
$DOGS Trading Idea: Falling Wedge Breakout with Retest IncomingWe’ve just witnessed a classic breakout from a falling wedge pattern on BINANCE:DOGSUSDT . After an extended downtrend, marked by lower highs (LH) and lower lows (LL), the asset broke through the wedge resistance, signaling a potential bullish reversal. This pattern, known for its bullish nature, often indicates an upcoming shift in momentum from sellers to buyers.
Key Levels & Strategy:
Entry Point: The optimal entry for this trade would be around the 0.001030 area, which coincides with an order block (OB) just below the current price action. This level presents a good opportunity as we expect DOGSUSDT to retest this zone before making its move upwards.
Stop Loss: For risk management, consider placing your stop loss slightly below the OB. There are two scenarios to accommodate different leverage profiles:
High Leverage Traders: Use a stop around 0.001010 to manage the increased risk.
Low Leverage Traders: A more conservative stop should be set around 0.000974 to allow room for volatility.
Take Profits: Scaling out profits is key in volatile markets like DOGSUSDT. Here are the take profit (TP) levels:
TP1: 0.001163, aligning with a strong resistance point.
TP2: 0.001346, marking the next major liquidity zone.
TP3: 0.001659, the upper target where DOGSUSDT could reach if bullish momentum sustains.
Market Sentiment:
The overall market structure has been shifting in favor of the bulls after several CHoCH (Change of Character) moments during the downtrend, hinting that bears are losing strength. The falling wedge breakout further supports the case for an upside movement. In such scenarios, patience is key as we wait for the retest of the OB and the market to confirm bullish momentum.
Symmetrical Triangle observed in CLEANNSE:CLEAN few weeks back gave a breakout and trapped the Bulls. The Stock in now forming a continuation Symmetrical Triangle at its breakout levels of 1625-1630
1. RS Nifty 55 is positive
2. RSI > 60
Entry - 1625-1630
TGT - 1780
SL1: Super Trend (10, 3) turn negative
SL2: RS 21 < 0