BC ALL
Saved by @shubham2122

VOLUME is the ultimate Trading cheat code.

But, most people never use it in the right way – because no one ever taught them how.

Here are 10 psychological triggers to knowing Volume in a better way :

 Traditional idea of Volume:

- if the price increases with an increase in volume, it is BULLISH
- If the price is increasing without volume, it is BEARISH
- if the price is falling with an increase in volume, it is BEARISH
- if the price is falling without volume, it is BULLISH
But this doesn't hold good every time!

Let's look at some examples.

Ex #1: Tata Consumer (Daily Chart)

Here the price has gone upside from 640 to 780 without any increase in the volume!
Ex #2: Axis Bank (Daily Charts)

Here the price has gone up from 420 to 580 without much increase in the volume.
Do you think it can happen only in an uptrend?

Look at these charts!

Ex #3: Reliance (Daily chart)

Reliance fell from 1620 to 1300 without an increase in volume!
Ex #4: HDFC (Daily Charts)

HDFC shares fell from 3000 to 2100 without much increase in volume!
Are you thinking this can happen only in "DAILY CHARTS"?

Have a look at these charts!

Ex #5 - Kotak Bank (Hourly Chart)

Kotak Bank fell from 1850 to 1740 without any volume spikes!
Ex #6: Asian Paints (30 min chart)

Asian Paints fell from 3280 to 2980 without an increase in volume!
Do you think these are some cherry-picked operators' stocks?

Most of the above stocks fall in Nifty-50!

It is easily understandable that these points bring a lot of doubt and uneasiness as it shakes the basic foundation of 'volume' itself.
Look at some indices (at least no one can operate the index)

Ex #7: Nifty Futures chart
Ex #8: Banknifty Futures
So, what are the Important Lessons to know about Price-Volume?

Lesson #1 Volume Colour cheats you!

If you don't believe, answer this question.
So, in your opinion, who has significant participation in the volume? Buyers or Sellers?

If your answer is ‘Buyers,’

Then there is a severe mismatch between your understanding and reality because you are giving more importance to the ‘green’ color code of the volume spike.
Sellers should be absent at the resistance to give further move on the upside

But look at the breakout candle. It has a selling wick that is about 70% of the body (means 70% of them are sellers)

You have developed a bullish view after looking at the big green color volume spike
Lesson #2

The price can go with more volume, medium volume, and less volume.

The price can go down with more volume, medium volume, and less volume.

Please don't believe this statement until you verify it on the charts!
Lesson #3 Analyze Each Volume Spike

In the below chart, the price is near the support trend line.

Do you think the price will go upside from here?
To decide whether the support will hold or not through ‘volume,’ we need to analyze the significant volume spikes.

I have marked Nine significant volume spikes on the chart, and I analyze these spikes below.
Spike 1 has some buying wick, but the price didn’t go up. Hence, I mark this spike as neutral.

Spike 2 – No wick, but the price fell the next day. Hence, I mark this spike as bearish.
Spike 3 – Again there is a big selling wick, and also the price fell later. Hence, I mark this spike as bearish.

Spike 4 – Not much wick, but the price fell on the next day. Hence, I mark this spike as bearish.
Spike 5 – Big selling wick, but the price went on sideways for the next day. Hence, I mark this spike as bearish.

Spike 6 – There is a slight buying wick, but the price fell on the next day. Hence, I mark this spike as neutral.
Spike 7 – Slight wick on both sides, and the price went upside on the next day. Hence, I mark this spike as bullish.

Spike 8 –Wick on both sides, but the price fell the next day. Hence, I mark this spike as bearish.
Spike 9 –No wick on both sides, but the price fell the next day. Hence, I mark this spike as bearish.

Now there are 9 volume spikes - 6 bearish volume spikes, 1 bullish spike, &2 neutral spikes.

Hence, there is a high probability of the price breaking the support trend line.
You can look at the result in the below image.
That's a wrap!

If you enjoyed this thread:

1. Follow me
@indraziths
for more threads on the stock market trading

2. RT the tweet below to share this thread with your audience
One can also check my latest book on intraday trading and options trading

https://t.co/JhVOIAceyg

More from Indrazith Shantharaj

Indrazith Shantharaj
Indrazith Shantharaj
@indraziths
The best place to lose money in this world is Trading.

Trading is misunderstood!

I understand why — it’s a complex process with lots of conflicting advice.

Here’s the good news.

With a little effort & dedication, you can do better in
BOOKSTOREAD
Indrazith Shantharaj
Indrazith Shantharaj
@indraziths
7 most Powerful Intraday Setups that will save you hundreds of hours + change your trading career (all FREE)

Thread 🧵

(1/N)


Precautions:

1) Always backtest the ideas before using them in live markets. It gives confidence and conviction.

2) Always keep your risk within 2-3% (of your capital) per trade.

3) System hopping is not a good idea.

(2/N)

#1 IB Open Low Setup

When the market opens above/at the previous day's high, displays open-low, and OL sustains for some time.

It indicates the presence of Initiative Buyers.

Entry: Long trade above Open-Low Candle (in 10 or 15 min chart)

SL: Below open-low candle

(3/N)


#2 IB Open High Setup

Similar to OL, when the market opens below/at the previous day's low, displays open-high, & OH sustains for some time.

It indicates the presence of Initiative Sellers.

Entry: Short trade below Open High Candle

SL: Above open-high candle

(4/N)


#3 IB Open Test Drive Up

This is similar to OL, but it opens above PDH, but tests the PDH, negates all selling, and then closes above PDH.

It indicates the presence of Initiative Buyers.

Entry: Long trade above Open Test Drive UP Candle

SL: Below OTD-UP candle

(5/N)
ALL , STRATEGY , PDFBUZZCHRONICLES SAVE AS STRATEGY
Advertisement
Indrazith Shantharaj
Indrazith Shantharaj
@indraziths
I am getting many questions related to Breakout Trading.

I have mentioned all the rules in this book

https://t.co/UIwiwggEUg
SCREENERS
Indrazith Shantharaj
Indrazith Shantharaj
@indraziths
Price + Open Interest (OI) + Volume = Deadly Combo

There are many tools for Open Interest. Options Decoder from @TrueData2 is one of the simple yet powerful tools on options and OI.

Below are the 10 Powerful Features of Options Decoder

Thread 🧵🧵

(1/N)


#1 - PE CE Difference

This feature combines the OI of call options and put options and plots against each other.

At one glance, we can know what big players are doing!

(If they are selling more CE means, they are bearish on the underlying instrument)

(2/N)


#2 - Advance/Decline

This feature displays all the F&O stocks in one place.

In one click, we can see the stocks in any order (like an increase in price, increase in OI, or decrease in volume, etc).

A highly useful feature for options traders!

(3/N)


#3 - Open High

This feature displays all the strike prices that have an open high (or open low) for the selected instrument.

If many CE strikes show "Open Low", then the market is bullish!

(4/N)


#4 - IV Price-OI Chart

This feature plots CE and PE vs. Open Interest (OI) for the ATM strike price.

Always Remember:

CE Long Build Up + PE Short Build Up = BULLISH

PE Long Build Up + CE Short Build Up = BEARISH

CE Short Build Up + PE Short Build Up = SIDEWAYS

(5/N)
TRADING
Indrazith Shantharaj
Indrazith Shantharaj
@indraziths
When people think about what it means to become a

“Successful Trader”

They think they should attend a workshop.

Need not be!

You can become a better trader just by listening to 1-hour teachings from 2-time US Investing Champion Mark Minervini sir!

Thread 🧵

(1/N)


First, we must acknowledge the efforts of Vivek ji for bringing him to help Indian traders 🙏🏻

The casual conversation starts to know what's Mark's take on failures.

Whether he has faced many failures at the beginning of his trading journey.

(2/N)

Mark said -

"I will not see failures as failures; I see them as results."

"We get either a good or bad result for every action. Every result comes with a lesson, my aim is to pick it and adopt it in life."

(3/N)

Mark lost money in his initial 5-6 years of trading journey.

He lost around $2,000 to $4,000 first time.

He lost $20,000 to $30,000 second time.

He lost big money when he followed his broker's advice to average a losing stock.

(4/N)

Q - How did Tony Robbin's Program Help you to become a Better Trader?

M - Investing on ourselves is important. One study medical to become a doctor even though he is not paid during the study time.

(5/N)
ALL

More from All

Ranvijay Singh\U0001f1ee\U0001f1f3
Ranvijay Singh🇮🇳...
@ranvijayT90
#Thread Two divine forms of Khatu Shyam ji...


On the day of Amavasya, devotees get the darshan of Shyam Baba in Shyam varan (black color). In ordinary days, the form of Baba is saffron. The reason for this is a custom. The real head of Shyam Baba which had appeared from Shyam Kund is of Shyam varan.


Every day Shyam Baba's grand Shringar is done by Pujaris. The main part of Shyam Baba's shringar is Tilak. This Shringar is done by the members of Nij Mandir sevaks. The sevaks of the Nij Mandir do sandalwood tilak to Baba everyday in the auspicious time.


This Divine Tilak is applied from the forehead to the nose. When Baba is given a bath by sevaks, this tilak comes off. Then in the auspicious time, the sevaks again apply tilak to Baba.


There is no auspicious time on the Amavasya. Because of this, tilak is not done on that day. That's why devotees have darshan of Shyam Baba on the Amavasya only in the actual real form (Shyam Swaroop). Baba's tilak is done on Amavasya only on the day of Deepawali.
ALL
\u0936\u094d\u0930\u0940\u092e\u093e\u0932\u0940 \u0939\u093f\u0924\u0947\u0936 \u0905\u0935\u0938\u094d\u0925\u0940
श्रीमाली हितेश अवस्थी...
@HiteshAwasthi89
Statue of Equality (Ramanuja) Muchintal, Hyderabad, Telangana

The Statue of Equality is a monument in India dedicated to the 11th-century Vaishnavaite Sage Bhagavad Ramanuja, commemorating 1000 years since his birth. It was inaugurated by Prime Minister Narendra Modi ji in 2019.


In 2014, Sri Chinna Jeeyar came up with the idea to commemorate the 1000th anniversary of Sri Ramanuja's teachings by building the Statue of Equality. The statue is constructed on an estimated 34 acres in Hyderabad, India.


It consists of a 216 foot tall statue of Ramanuja and is surrounded by 108 Divyadesams (model temples) and includes an educational gallery. The project budget is 1000 crore rupees.The foundation stone for the Statue of Equality was laid by Chinna Jeeyar.


The statue was built by Aerosun Corporation in China before being shipped to India. It is made of panchaloha, a combination of gold, silver, copper, brass and titanium. The statue relies on donations to fund its construction.


The temple is located on the 27,870 square metre second floor with a 120 kg statue of Ramanuja, representing the years he lived, meant for daily worship. The 1,365 square metre third floor including a Vedic digital library and research center.
ALL
Advertisement
Liz (Welsh) Beechinor \U0001f605
Liz (Welsh) Beechinor ...
@LizTweetsTech
My dad led an organization of over 300,000 employees.

When I took on my biggest marketing & events team to date (35 employees) I asked him how the *heck* he did it. Here's what he said and what helped me every day. 🧵

Remember you're leading all the employees under you, but you're not *managing* them all. You're managing your direct reports, which should be 5-7 individuals max. Focus on them.

When you interact with the employees you don't manage directly, get to know them as people first, that'll be the most valuable information in leading them. Remembering everything you learn about them is hard, but doing so will make you a superhero.

If you're not going to empower the managers under you, why do you have them? If you see room for improvement, let the manager know and let them make the change on their teams and come to you with questions/concerns. This will save you SO much time.

If you're the smartest person in any room - you're doing it wrong. As a leader, your job is bringing together the best people to get the job done - your skillset is identifying those people, not being one of them.
ALL , WORK , A CATAGORY
Save To Bookmarks \uea00
Save To Bookmarks ...
@SaveToBookmarks
@buzz_chronicles @AchuthArora @powerbeastt @rattibha Hi!

Job done. Tweet bookmarked.

Please sign up with savetobookmarks .com in order to view and manage your bookmarks.
ALL
Angela Jamison
Angela Jamison
@AnJamison
@LancPAExaminer @buzz\_chronicles @buzz\\\_chronicles @buzz_chronicles save as category @pdfmakerapp grab @pdfmakerapp grab this @readwiseio save @readwiseio save thread @threader compile summarize @Threadreaderapp unroll please @ttttreads unroll @unrollthread.com @SaveToBookmarks
ALL

You May Also Like

What The Trans!?
What The Trans!?
@WhatTheTrans
A thread on how absurd the UK is on transgender issues and how the UK got so transphobic

In 2015 Parliament held an inquiry looking into the state of Transgender equality. Trans people of all stripes outlined many different problems across many, many different areas.

As a result Parliament created a list of recommendations including legal recognition for non binary people, gender recognition act reform, allowing 16 year olds to change their legal gender and reform of NHS gender identity services.

The government under Theresa May ignored everything that was recommended except for Gender recognition act reform. This act came into law in 2003 and gave trans men and women (but not non-binary people) the ability to legally change their gender on their birth certificates.

The process at that time to change your birth certificate under the GRA was to make an application to a panel of cisgender people who would decide if you were sufficiently trans based on your payslips, photo ID and bank statements. You would not get the option to speak to them.

(Also this process cost £140 which is just a tax on being trans)
SOCIETY
Jaya_Upadhyaya
Jaya_Upadhyaya
@Jayalko1
SRI SWETHA VINAYAGAR, THIRUVALANCHUZHI, KUMBAKONAM
(TN)
#bharatmandir

While main deity is Shiva as Kapartheeswarar, the kshetram is famous for Ganesha, known as Swetha/Vellai Vinayagar (white Vinayak)

During samudra manthan, Vasuki snake (used as rope) started spewing venom.


Unable to bear the intense heat, Devas rushed to Siva. He told them that this was because the task was started without getting Ganesha’s approval.
So the Devas created a Ganesha murti from white sea foam and worshipped it.
It was later taken by Indra to Indralok.
@GunduHuDuGa


But once Indra had to come to Earth to pray to Shiva to seek relief from a curse inflicted on him. So he brought the murti of Ganesha with him. When he came here, he wanted to take bath before puja. So he gave the murti to a boy to hold for sometime. The boy was actually Shiva.


He kept the murti down and vanished. Indra could not lift it again and a divine voice told him to let Vinayagar stay there and visit every Ganesh Chaturthi to pray.
Since Vinayagar is made of foam, no abhishekam is done here. Only punugu is applied n camphor powder is sprinkled
ALL
Advertisement
\u0936\u094d\u0930\u0940\u092e\u093e\u0932\u0940 \u0939\u093f\u0924\u0947\u0936 \u0905\u0935\u0938\u094d\u0925\u0940 \U0001f1ee\U0001f1f3
श्रीमाली हितेश अवस्थी ...
@HiteshAwasthi89
#Thread
An interesting story of Kamala Devi hazarika for all Sanatanis...🙏

A Xtian missionary was sent to Assam for the promotion of religion. His name was Cruz. He came across to one the boys from an influential family in Assam to teach him English.
@noconversion

Cont 👇


The p@stor slowly began to study the house and he learned that the boy's grandmother was the most influential person in the house. So he thought 'Corrupting the grandmother's mind can make the whole family Xtian as well as the whole village.

Cont 👇


The p@stor began to tell Grandma the stories of how J€$u$ cured leprosy of lepers, how He gave sight to the blind, etc..But after listening to him, the strong Sanatani grandmother said. A stone turned into a living woman (Ahalya) for our Rama when he touched the stone.

Cont 👇


She spoke of Rama setu where stones floated in sea just by writing his name on the stones and that they are still floating today.
The p@stor continued his efforts but all his tricks went in vain.

Cont 👇


One day he had brought a cake from the church and he thought of offering it to grandmother but he was doubtful that she would eat it. But contrary to his expectation, she took the cake and ate it.

Cont 👇
ALL
Brian Cates
Brian Cates
@drawandstrike
Great article from @AsheSchow. I lived thru the 'Satanic Panic' of the 1980's/early 1990's asking myself "Has eveyrbody lost their GODDAMN MINDS?!"


The 3 big things that made the 1980's/early 1990's surreal for me.

1) Satanic Panic - satanism in the day cares ahhhh!

2) "Repressed memory" syndrome

3) Facilitated Communication [FC]

All 3 led to massive abuse.

"Therapists" -and I use the term to describe these quacks loosely - would hypnotize people & convince they they were 'reliving' past memories of Mom & Dad killing babies in Satanic rituals in the basement while they were growing up.

Other 'therapists' would badger kids until they invented stories about watching alligators eat babies dropped into a lake from a hot air balloon. Kids would deny anything happened for hours until the therapist 'broke through' and 'found' the 'truth'.

FC was a movement that started with the claim severely handicapped individuals were able to 'type' legible sentences & communicate if a 'helper' guided their hands over a keyboard.
CULTURE
Cole Escola
Cole Escola
@ColeEscola
If you know me, you know I don't like broadcasting details about my personal life on this website, but I have been getting asked why I'm not doing Christmas this year so I just wanna put this whole mess to bed. First of all, I don't agree with gay marriage... (1 of 4,625)

... full of dog food and she said, "I'm pretending this is ice cream! Treat me like a baby!" and proceeded to hump her own arm and I thought, "something tells me this isn't the real Norah Jones"... (117 of 4,625)

...cost me $7,000. I had to put it on two separate credit cards! It wasn't 'til I got to my car that I realized "that's way too expensive for one onion." But I didn't have time. Amanda Seyfried was begging to change my diaper... (1,001 of 4,625)

...another Christmas miracle. Mistletoe, stockings, sleigh bells, snow! All these things I have put up my ass. The taste of coffee... (2,974 of 4,625)

...I felt a *very* cold finger on my cheek and I turned around and I said, "Grandma?" and she goes, "Surprise, I'm alive and I work at Sears!" I said, "okay"... (3,047 of 4,625)
SOCIETY