My #FIPA combo scan

Stocks showing good quarterly business performance and strong price action.

One of the most simplistic stock scanning engine for Indian markets is at @mystockedge , its an ATM Machine.

Semi conductor index is often considered a leading indicator of health of the economy

Micron: 'we see upcoming significant sequential declines in revenue & margins'

Nvidia: 'Will slow down hiring & control expenses as the company deals with a challenging macro environment'

For my investment portfolios as well, the last stop is 200 MA, beyond which i would exit. Last line of support.

For trading portfolios 65 MA, below that it's a risky trade where losses could extend on down side. On 23rd August, last correction, many stocks retested 65 n bouced

Small n Mid cap indices hit 21 MA - support zone.

#FREETIPS
Pivot Rules snapshot
A free one page cheat sheet for pivot based trading that could probably be sold for a hefty price ....
Rem: This is just a broad set of rules. There are many advance rules more than this.

A NEW BULL MARKET:

originates when Dr #Copper bottoms out.

Equities and Copper have tended to correlate positively over the past 4 decades.

Remember: “Dr. Copper” is often seen as a proxy for the health of global industry and manufacturing

Good News: Daily charts are oversold

A simple trading system with 2 #Movingaverages
13 & 21 - Both are fibonacci Nos & capture "Divergence & Convergence" as in #Trendindicator
No Indicator, No Supertrend
Blue line - 13 Sma
Red Line - 21 Sma
When Blue moves above Red line, a BUY triggers
1. BUY Triggered @ "17174"

The absolute best 38 scanners that experts are using:🧵

Collaborated with @niki_poojary

Listing all scanners from @Pathik_Trader Sir first.

1. Open

2. 80-20 Reversal

3. Fake

4. Trapping Inside Bar (Positional

#CGPOWER ...i like this set up ....can give some good upmove.....

Was long in IRCTC, all profit gone in a whisker, squared all of it went short double the quantity and recovered the the losses. Point am making, as a trader don’t be fixated with with direction just as flexible as you can be. We need profits as traders, don’t care how good my

View is. As long as Capital is there and protected small accidents will happen, that’s for sure all that matters how soon you recover and how you treat the losses. Cheers

3mnt chart. A setup I follow closely intraday. there were 8 candles before it hit the first circuit (5300). If you can't find the direction and the ferocity of the movement, from 6100-5300, thinking its difficult to capture, you are yet to be in the ring let alone fighting in it

After reading several trading-related books, I've curated a list of my favorite books that were a complete game-changer for me.

🧵Hope this thread helps all traders enhance their knowledge.

✅Please share your favorite books & YT too!
♻️ Retweet for wider reach
🎁 Surprise

❣️Market Wizards by Jack D. Schwager

It is a collection of interviews with traders who have turned measly sums into great fortunes. From those interviews, one can extract a lot of insights.

❣️How I made $2m in Stock Market by Nicholas Darvas

Darvas’s book is a fascinating read. He explains in readable terms how he made a small fortune in a short period. He explains a simple approach, now known as the Darvas Box for entering and exiting the market.

❣️Think & Trade Like a Champion by @markminervini

The book comes closest to having a real mentor, giving you practical advice. I like how the book is focused on the Mindset, Routine, Habits, and Pitfalls of traders instead of just strategies.

❣️The Wyckoff method of Trading and investing in stocks by Richard D Wyckoff -

Wyckoff was an extremely successful stock market trader. His technical trading strategies and techniques have withstood the tests of over 75 years of changing markets.

@asitbaran thank you for this amazing Rank delta indicator...🙏

#FREETIP
When you are looking at ATH stocks for further research for possible entry, one important thing to note is to concentrate the stocks that has gone up atleast 100% over the last 6 months. This show that there is an evidence of strength. Ignore those below 100% returns.

Major Stocks with extremely bullish price actions.

#comboscan of @mystockedge

@indraziths Breakout concept that you explained in book is very exordinary and marvelous. And your skills is unstoppable. Thanks for supporting us to learn more subject as well as knowledge. @indraziths