Inside Candle, breakout strategy has very good accuracy.
There are two candles in the inside candle, the mother candle, and the baby candle.
He trades the breakout of the high/low of the baby candle with the opposite level as a stop loss.
Important Concepts from Power of Stocks— Subhasish Pani
7+ years of trading experience in 14 tweets🧵
Collaborated with @niki_poojary
Inside Candle, breakout strategy has very good accuracy.
There are two candles in the inside candle, the mother candle, and the baby candle.
He trades the breakout of the high/low of the baby candle with the opposite level as a stop loss.
The next level to add more quantity is the mother candle's high or low, depending on a breakout or breakdown.
The stop loss will remain the baby candle low during a breakout and vice versa during a breakdown.
If the market is bullish, next day if it opens a big gap up then the buyers are already in profit.
Most traders don't want to see their MTM reduced in such times.
Wait for the first red candle and short the first 5 min red candle with a day high stop.
There are multiple videos of him catching the day high with this setup.
Everyone's looking for selling puts and he makes money selling calls.
Have you seen his videos of him predicting the bitcoin fall?
Did the same with Reliance after the covid crash.
I remember multiple more examples.
Majorly, this applies to a series of red candles or green candles after which a reversal comes. (For INTRADAY)
In positional terms, it could be 3 continuous green or red days.
Avoid being trapped in these.
Look for these opportunities, especially in the monthly expiry week.
If the market has to go down it will makes lower lows while going down.
Once you have a short, you want to make more money playing directional in case its a trending day.
You can pyramid your trade at every breakdown in a downtrend.
Your stop loss should be the most recent swing high.
You should lower your SL when pyramiding for the first time to reduce risk.
With this logic, for the same risk now you can make more returns.
Not every breakout is going to work the same way.
To trade breakouts, certain structures are more effective and superior.
For instance, it can be very difficult to overcome a significant resistance after a significant run-up.
When more time is spent near resistance, the breakout is powerful.
Note this while trading breakouts.
Also, deploy half qty first and then pyramid so the risk is low.
When the market comes down on expiry, option sellers start selling puts that are inflated in value.
When the market goes up the same way option sellers enter and sell calls.
Hence there are dojis on most expiry days.
Check this thread out to know the strategy in detail.
https://t.co/EOPZ0zeDmB
Subasish Pani revealed the most simple, yet successful strategy: 5EMA set up!
— Nikita Poojary (@niki_poojary) July 3, 2022
Here is a thread of 23 video clips on the 5EMA set-up that will save you hundreds of hours and available to you for no cost!
5EMA set-up: \U0001f9f5!
Collaborated with @AdityaTodmal
https://t.co/9KVmBjqdl9
Why do I like Power of Stocks' Subhasish Pani?
— Aditya Todmal (@AdityaTodmal) June 28, 2022
1. No emphasis on news
2. No SGX
3. There is no negativity.
4. Concentrate solely on price and ignore all other variables.
Concentrating on just one thing has propelled his trading to new heights over the last three years.
Follow us to never miss them.
See past threads here:
@AdityaTodmal & @niki_poojary
More from Aditya Todmal
I spent over 100 hours studying the best patterns in Technical Analysis taught to me by @niki_poojary.
Turns out, patterns trading is simple—if you follow these 8 Patterns:
Let's start: ↓
While studying her Twitter profile and with constant talks with her, I found these to be the most important patterns she focuses on always.
Then I wrote a small summary of what each pattern means.
Also attached are some examples from her tweets.
1/ Cup and handle Pattern
Happens during an uptrend.
The cup portion has a U-shaped appearance.
The bears are getting weaker as they are unable to drive the prices below the last low.
Subhasish Pani uses this a lot in stocks to spot bullish trades.
Eg
Eg
Turns out, patterns trading is simple—if you follow these 8 Patterns:
Let's start: ↓
While studying her Twitter profile and with constant talks with her, I found these to be the most important patterns she focuses on always.
Then I wrote a small summary of what each pattern means.
Also attached are some examples from her tweets.
1/ Cup and handle Pattern
Happens during an uptrend.
The cup portion has a U-shaped appearance.
The bears are getting weaker as they are unable to drive the prices below the last low.
Subhasish Pani uses this a lot in stocks to spot bullish trades.
Eg
5: When to play directional:
— Nikita Poojary (@niki_poojary) December 18, 2022
Whenever the index is moving in a single direction, its important to go with the trend.
A few weeks ago when BNF broke out of the cup and handle pattern, all we had to do was sell PEs.
Pls note: weekly TF chart is attached to just show the C&H BO pic.twitter.com/z0wgUzJW8t
Eg
#VOLTAS Another cup & handle pattern for cash positional pic.twitter.com/Jsc99xJfwY
— Nikita Poojary (@niki_poojary) October 23, 2019
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i wonder if you can make a thread bout witchcraft in malaysia.. or list of our own local gods/deites..
— r a y a \U0001f319 (@lcvelylilith) February 20, 2020
Before I begin, it might be worth explaining the Malay conception of the spirit world. At its deepest level, Malay religious belief is animist. All living beings and even certain objects are said to have a soul. Natural phenomena are either controlled by or personified as spirits
Although these beings had to be respected, not all of them were powerful enough to be considered gods. Offerings would be made to the spirits that had greater influence on human life. Spells and incantations would invoke their
Animist ceremonies of a religious or magical nature were normally held for the purpose of divination or making a request. This would either be done at a keramat or at a shrine similar to the Thai spirit houses or Chinese roadside shrines pic.twitter.com/I1hliyi0x3
— \u2745\u1710\u170b\u1713\u170e (@uglyluhan) June 16, 2019
Two known examples of such elemental spirits that had god-like status are Raja Angin (king of the wind) and Mambang Tali Arus (spirit of river currents). There were undoubtedly many more which have been lost to time
Contact with ancient India brought the influence of Hinduism and Buddhism to SEA. What we now call Hinduism similarly developed in India out of native animism and the more formal Vedic tradition. This can be seen in the multitude of sacred animals and location-specific Hindu gods
Fake chats claiming to be from the Irish African community are being disseminated by the far right in order to suggest that violence is imminent from #BLM supporters. This is straight out of the QAnon and Proud Boys playbook. Spread the word. Protest safely. #georgenkencho
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There is co-ordination across the far right in Ireland now to stir both left and right in the hopes of creating a race war. Think critically! Fascists see the tragic killing of #georgenkencho, the grief of his community and pending investigation as a flashpoint for action.
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Be aware, the images the #farright are sharing in the hopes of starting a race war, are not of the SPAR employee that was punched. They\u2019re older photos of a Everton fan. Be aware of the information you\u2019re sharing and that it may be false. Always #factcheck #GeorgeNkencho pic.twitter.com/4c9w4CMk5h
— antifa.drone (@antifa_drone) December 31, 2020
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— Mark Malone (@soundmigration) January 1, 2021
This follows on and is part of a misinformation campaign to polarise communities at this time.
The best thing you can do is challenge disinformation and report posts where engagement isn’t appropriate. Many of these are blatantly racist posts designed to drive recruitment to NP and other Nationalist groups. By all means protest but stay safe.
