Super Trend Price Action strategy

TRADING TOOLS 

• Supertrend Indicator
• Candlestick
• Duration : Intraday
• Timeframe: 5,10,15 minute

  RULES FOR LONG TRADE

1. Super trend indication should be appear day 1st candle like 5,10,15 minute continuous(at least two)
2. Check candle Open=Low
3. Check today's 1st 10 minute candle size should not more then yesterday open to close range
4. Entry Point 1st 10 minute candle Candle High
5. Target Point candle 1% of Scrip 
6. Stoploss Point 1st 10 minute candle Candle low

Muthootfin_19_Sept_2018

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  RULES FOR Short TRADE

1. Super trend indication should be appear day 1st candle like 5,10,15 minute continuous(at least two)
2. Check candle Open=High
3. Check today's 1st 10 minute candle size should not more then yesterday open to close range
4. Entry Point 1st 10 minute candle Candle Low
5. Target Point candle 1% of Scrip 
6. Stoploss Point 1st 10 minute candle Candle High

Wockpharma_24th_Oct_2018

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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.

Price Action Strategy Using Pivot Point

TRADING TOOLS 

• Pivot Point Indicator
• Candlestick

  RULES FOR LONG TRADE

1. Price should be  higher high & above  closed
2. Wait for the 5-10-15 min candle to close above the pivot point. while closing above of pivot line remember one thing price should not break yesterday high.
3. Enter into the trade after completion of the candle and put stop-loss at the swing  low of this candle

 RULES FOR SHORT TRADE

1. Price should be  lower low & below closed
   
2. Wait for the 5-10-15 min candle to close below the pivot point. while closing below of pivot line remember one thing price should not break yesterday Low.
3. Enter into the trade after completion of the candle and put stop-loss at the swing high of this candle

Intraday Trading Strategy

TRADING TOOLS 

• A 240-period weighted moving average (WMA) for highlighting the macro direction.
• A 21-period Hull moving average (HMA) for clarifying price waves with its slope.

The Hull moving average is a smooth moving average that works very well for tracking price swings.

 RULES FOR LONG TRADE

1. The 240-period WMA is sloping up.
2. The 21-period HMA highlights higher highs and higher lows.
3. Wait for the HMA to start pulling back downwards.
4. Go long when the price closes above the HMA.

However, if the pullback goes below the last swing low (forming a lower low), the setup becomes invalid.

 RULES FOR SHORT TRADE

1. The 240-period WMA is sloping down.
2. The 21-period HMA highlights lower highs and lower lows.
3. Wait for the HMA to start pulling back upwards.
4. Go short when the price closes below the HMA

However, if the pullback rises above the last swing high (forming a higher high), the setup becomes invalid.

These rules offer a focal point for your analysis. But feel free to override them if you have valid reasons to do so. In a nutshell, exercise your discretion as a trader.

🥇    ‍♂ ⚡️ 🥈     

Price Action Strategy Guide

We know the famous statement,95% of retail traders are losers and I don’t know if this is true! because there is no clear evidence or statistics about that.But regardless,the question you must be asking yourself is “What are those 5% of traders doing that set them aside from the losers”..The internet is filled with clever marketers that know how to target those emotions of yours in fancy sales pages.They promise you the world and build up your hopes high, only to disappoint you with a crappy low quality product that doesn’t work. StockBrokers,Financial Advisors,Basic Technical courses all fits into this category.If you ever managed to step aside and thought this,I appreciate your awareness.

The Most simple fact with any analysis whether it is fundamental or Technical is that we are tying to make money by anticipating the Future market Movements.Technical analysis looks at this by using lagging indicators and chart patterns.Fundamental analysis uses all those fancy balance sheets,statements etc. As long as a trader is profitable with these techniques its absolutely fine.But the darker truth is anyone I came across in my corporate circles or any successful traders, I spoke with never uses any of these fancy conventional stuffs.Again,I am not criticising anyone who is successful,Using conventional techniques.If you’re not able to profit from using these sources,Then it’s time to reconsider your methods and look at the other side of the picture

Let’s talk more about price action based trading and how you as a professional trader can really start to turn your trading around by making the switch to price action.

Price Action keeps trading simple
When you’ve got a chart filled with indicators , Fibonacci retracement levels drawn out everywhere, and pivot points all over the screen you may think you’re doing yourself a favour by taking on some ‘advanced analysis’, but all you’re doing is shooting yourself in the foot.

This type of complicated technical over analysing of the charts will burn out a trader’s stamina quickly, induce stress and eventually cause the trader to start making emotional mistakes. We all know as traders that there is no place for emotions in the trading profession, so the best thing to do is create an environment that is free of stress inducing factors.

This is where price action comes in.

When you’re working with just the candlestick chart you will actually start to see what is really going on in the market. It brings out the clarity and all of a sudden using simple analysis you are able to make more confident trading decision and lose less sleep at night.

We prefer the larger timeframes such as the daily timeframe, as we find them to be more reliable. There is more price action data within a daily candle than say a 15 min candle. This means the signals that form on the daily chart are more reliable and have a greater chance of working out than signals that form on the lower time-frames.Using higher time frames, you won’t have to be tied up in front of the charts for hours waiting for an intraday trade signal. Trading the daily charts is a nice relaxing way to make money from the markets, and you can even trade daily charts and keep your day job while you build up your trading capital.

You don’t need a degree in physics or be an economics master to trade with price action, that’s the beauty of it. Price action trading strategies can be learned by anyone.
Once you clean up those charts and make the switch to price action, you are never going to look back. You’ll wish you discovered price action trading a long time ago.

Cheers to your trading future!