When we play in both side probability. That condition is called ping pong, Basically ping pong is done for hedging. understand it on chart. don't try to play directly on live ac first Back test and study Price action then continue, Ping Pong Entries Only Experience traders Can Play it so First Gain some experience then can continue
* * * Wait for fakeout ** * * * Look to the left *** ****LOOK FOR SELLING ZONE***
QM Pattern is a chart pattern that shows the formation of higher highs, lower lows, and a left shoulder level. It is also known as the Quasimodo pattern. It is the most advanced chart pattern used to identify trend reversals in the market. QM will increase the risk-reward ratio of a trade setup with pinpoint entries.If you want to learn this Pattern feel free to reach
What is Quasimodo? Quasimodo is a reversal trading pattern that appears at the end of an uptrend. As a price formation, the Quasimodo pattern is depicted by three peaks and two valleys, where: First, the middle peak is the highest, while the outside two peaks are of the same height.
.The first step is to learn about what moves crude oil. Markets move via perceptions of simple demand and supply. This depends on output worldwide and the international economy. When there is an overkill in supply, traders sell crude oil. Rising demand makes crude oil prices higher. When positive market trends abound, there is a tight convergence between positive...
two steps in order to identify the supply azones. Look at the chart and try to spot successive large successive candles. It is important that price moves a lot Establish the base (usually sideways price action area) from which price started the quick move
..Support occurs where a downtrend is expected to pause due to a concentration of demand
A reversal is when the direction of a price trend has changed, from going up to going down, or vice-versa. Traders try to get out of positions that are aligned with the trend prior to a reversal, or they will get out once they see the reversal underway. Reversals typically refer to large price changes, where the trend changes direction. Small counter-moves against...
A reversal is when the direction of a price trend has changed, from going up to going down, or vice-versa. Traders try to get out of positions that are aligned with the trend prior to a reversal, or they will get out once they see the reversal underway. Reversals typically refer to large price changes, where the trend changes direction. Small counter-moves against...
A reversal is when the direction of a price trend has changed, from going up to going down, or vice-versa. Traders try to get out of positions that are aligned with the trend prior to a reversal, or they will get out once they see the reversal underway. Reversals typically refer to large price changes, where the trend changes direction. Small counter-moves against...
A reversal is when the direction of a price trend has changed, from going up to going down, or vice-versa. Traders try to get out of positions that are aligned with the trend prior to a reversal, or they will get out once they see the reversal underway. Reversals typically refer to large price changes, where the trend changes direction. Small counter-moves against...
A reversal is when the direction of a price trend has changed, from going up to going down, or vice-versa. Traders try to get out of positions that are aligned with the trend prior to a reversal, or they will get out once they see the reversal underway. Reversals typically refer to large price changes, where the trend changes direction. Small counter-moves...
A reversal is when the direction of a price trend has changed, from going up to going down, or vice-versa. Traders try to get out of positions that are aligned with the trend prior to a reversal, or they will get out once they see the reversal underway. Reversals typically refer to large price changes, where the trend changes direction. Small counter-moves against...
A reversal is when the direction of a price trend has changed, from going up to going down, or vice-versa. Traders try to get out of positions that are aligned with the trend prior to a reversal, or they will get out once they see the reversal underway. Reversals typically refer to large price changes, where the trend changes direction. Small counter-moves against...
S&R are price points on the chart Support is a price point below the current market price that indicate buying interest. Resistance is a price point above the current market price that indicate selling interest. To identify S&R, place a horizontal line in such a way that it connects at least 3 price action zones, well-spaced in time. The more number of price...
How to calculate Nifty Open Interest? Nifty Open Interest measures the number of outstanding contracts at the tip of every day. Actually, Nifty Open Interest solely records half the outstanding contracts. For every buyer, there should even be a seller, however. This doesn’t have an effect on however we use open interest. Open Interest also can be taken because of...
Choosing the best risk/reward ratios is a balancing act between taking trades that offer more profit than risk while ensuring that the trade still has a reasonable chance of reaching the target before the stop loss. Acceptable market conditions. When and where to enter a trade.
Choosing the best risk/reward ratios is a balancing act between taking trades that offer more profit than risk while ensuring that the trade still has a reasonable chance of reaching the target before the stop loss. Acceptable market conditions. When and where to enter a trade.