BC BASICS
Saved by @samtak123

Single candlesticks pattern and how to interpret the same. (Part - 1)

A Thread 🧵🧵

 If you don't know basics of candlesticks and how to interpret them. Do read below thread first.
https://t.co/GTX4BRuqGM
1. Marubozu (Bullish and Bearish)

These Candles are extremely powerful candle. Having long Body with very small or no wicks in it.

Bullish marubozu : Open = Low and sometimes High = Close.

Bearish marubozu : Open = High and sometimes Low = Close.
Bullish marubozu indicates that a stock price open at certain price and kept rising without falling till the end of the day.
Similarly, with bearish marubozu stock open at certain price and kept falling.
Example: In below picture stock price opened at 100 and kept rising, made a day high of 112 and finally closed at 110.

Open = Low (i.e. 100 where stock open and only buyers were there at that time)
Vice-versa, with bearish marubozu candle.
Below is the chart of TCS on a daily time frame (will dicuss time frames in upcoming threads)

The candles in circle are the bearish marubozu, there is a high 'probability' of downside after the appearance of bearish marubozu.
2. Hammer Candle (Bullish)

Hammer candle as the name suggest, it looks like hammer.

This candles have small body, and very small or no upper wick.
What Color of candle is, really doesn't matter.
Longer the wick stronger the candle.
Example: Stock price opened at 100, made a low of 80 (i.e. sellers was very strong) however, at the end of the day stock closed at 105 (i.e. sellers tried to push the price down but buyers were strong enough to comeback) Hence, it's a bullish signal and here sellers are exhausted
This is one of the candle which appears at the bottom of the down trend and shows reversal from there.

Below is the example of hammer in real chart of Dabur and SAIL.
So, this was the 2 candlestick single candlesticks pattern and interpretation of the same. There are some more which will be covered in Part-2.

Thanks for reading this thread till here🙌
If you found this thread knowledgeable
Retweet the first tweet and follow @Daring_Dhrumit for more such trading related thread🧵 and stocks Anayalsis
There are lot many on the way.

https://t.co/FL4bRUCW7F
Tagging few people for better reach:
@GurleenKaur_19 @AnandableAnand @FI_InvestIndia @connectgurmeet @TraderHarneet @Supra_traders @masterchefsd

You May Also Like

Trader knight
Trader knight
@Traderknight007
Pyramiding 2.0

A thread-


What is pyramiding?

It is simply adding to your winners.

Why use pyramiding?

1. It makes your winners bigger than your losers.

• Because you are adding positions when your trades are going your way, you are increasing your gains but your losers will be small comparatively.

2. You lose less during Draw-down time ( it saves you from losing big during whipsaws )

• Many times when the market is in sideways mode, Entering a trade with full risk might not be the best idea.

• So, you test the waters with a small position first, it could be ⅓ or ¼ of your total risk.

• So if the Breakout fails or whipsaws come, then you will only lose a small part of your overall risk.

• Then when position starts to go in your favor you can add to it.

3. It helps you to concentrate on a few trades,

They say that don’t put all your eggs in one basket, but don’t put them in too many either.

• See, Everyone can see charts and find breakouts, pullbacks etc.
ALL , SWING TRADING , PYRAMIDING
Anshul Pandey
Anshul Pandey
@Anshulspiritual
IMPORTANCE, ADVANTAGES AND CHARACTERISTICS OF BHAGWAT PURAN

It was Ved Vyas who edited the eighteen thousand shlokas of Bhagwat. This book destroys all your sins. It has twelve parts which are like kalpvraksh.

In the first skandh, the importance of Vedvyas


and characters of Pandavas are described by the dialogues between Suutji and Shaunakji. Then there is the story of Parikshit.
Next there is a Brahm Narad dialogue describing the avtaar of Bhagwan. Then the characteristics of Puraan are mentioned.

It also discusses the evolution of universe.( https://t.co/2aK1AZSC79 )

Next is the portrayal of Vidur and his dialogue with Maitreyji. Then there is a mention of Creation of universe by Brahma and the preachings of Sankhya by Kapil Muni.


In the next section we find the portrayal of Sati, Dhruv, Pruthu, and the story of ancient King, Bahirshi.
In the next section we find the character of King Priyavrat and his sons, different types of loks in this universe, and description of Narak. ( https://t.co/gmDTkLktKS )


In the sixth part we find the portrayal of Ajaamil ( https://t.co/LdVSSNspa2 ), Daksh and the birth of Marudgans( https://t.co/tecNidVckj )

In the seventh section we find the story of Prahlad and the description of Varnashram dharma. This section is based on karma vaasna.
RELIGION
Advertisement
Kirsti Miller
Kirsti Miller
@KirstiMiller30
@FionaPearman @ScottMorrisonMP Morrison is our statue of unempathic neoliberalism - erected by evangelical and corporate Australia to celebrate their victory over compassion, equality and secular humanism. 

Hopefully it gets pulled down like the statues of dubious heroes of oppression from an earlier age.


@ScottMorrisonMP The two-party-preferred system in 
Australia politics isn’t working for people, and it sure isn’t working for the planet.

@ScottMorrisonMP My collapse of faith in our democracies isn’t an accident. It’s one of the central victories of the neoliberal project, delivered through two generations of privatisation, outsourcing and deregulation, underfunding of government services (locked in by tax cuts),...

@ScottMorrisonMP restricting freedom of information, targeting whistleblowers and raiding the media who report on them, delegitimising and gagging public interest advocacy, and criminalising protest.

@ScottMorrisonMP Politics in Australia today relies hugely on the fact that most people don’t know most of what’s going on so as to get away with stuff that couldn’t be done under real scrutiny we have seen a clear example of this with the National Coronvirus Cabinet.
FOR LATER READ
Ankur Patel
Ankur Patel
@AnkurPatel59
FEW USEFUL CHARTINK SCANNERS :

This Scanner will be More than Enough for any Swing / Positional Trader to find Good Stocks.

Few Important Chart ink Scanners which can help you to find Setups and boost up your Trading Account : 🧵

Do Retweet If you If it Useful

1. Momentum Stocks

This Scanner can be helpful for Short term Swing Trades . you can easily find Stocks which are in Momentum.

Stocks which are up by 20 % in 5 Days
Stocks which are up by 30 % in 30 Days
Stocks which are up by 30 % in 30 Days

2. Volume Spike

We always Look for Price and Volume Confirmation for Breakout Trading. This scanner will help you to find the Stocks Which has given a move with Good Volume . You can keep this Stock in Radar and catch the Next move in them :

3 . Reversal Scan

Stocks which are Down by 20 % + in 5 days

When Market Corrects for sometime , You can find Stocks where selling is Exhausted and they can make a Good Reversal move .

4. Reversal Scan - Stock Down continues 5 days .

If you Know the Concept of 3-5 Days move . you might catch few stocks from this scanner. Always try and Pick stocks which are in strong momentum , you have more Chances of Getting Right in Reversal Trade.
TRADING SCREENERS , TRADING SCREENER , ALL
Kate Julian
Kate Julian
@katejulian
1/ Something strange is happening with people’s sex lives. 20-somethings are having sex later and less frequently than previous generations. I spent several months digging into this for @theatlantic. https://t.co/5ehzmWY9wi


2/ This phenomenon—I’m calling it a Sex Recession—really surprised me. It seemed improbable in the age of Tinder, digital porn, and attitudes that are generally permissive and sex-positive.

3/ What’s happening isn’t exclusively American: Similar trends are being observed in other countries, including Japan, Australia, the U.K., Finland, and the Netherlands.


4/ One cause is obvious: Adults under 35 are less likely to be living with a partner than in recent decades, and more likely to be living with their parents—which, it’s safe to say, isn’t great for one’s sex life.

5/ But I also found other explanations, each with profound implications. The first, unsurprisingly, has to do with internet enticements. Netflix and other online entertainment may be substituting for sex.
SOCIETY