If you're interested in learning #priceaction , this is your 1st step - Read this book.
#Elliottwave puts #PriceAction in it's context
— Van Ilango (JustNifty) (@JustNifty) December 2, 2021
You're 1 undisputed expert on prime source of everything, #PriceAction
Let beginner start with #PriceAction & then step up to 12345 & ABC
Baby steps alone will take to maturity
Read this book months ago - "Rich Experience shared"\U0001f64f https://t.co/VUbG6F5Ems pic.twitter.com/PProaFsMsV
More from Van Ilango (JustNifty)
His simple mechanical system of MACD multi t/f with 4 Hour setting seems to remove whipsaws & is producing amazing result with #Nifty
Experience speaks - you listen and adopt
Develop patience to wait for such good set up. Now trail your SL once price has gains https://t.co/jC8tcrZ0Cv
Book mark this and revisit every day or every week till you get it right as a trader. Coming from an experienced trader like @MaverickAmit01 , it's priceless.
— Van Ilango (JustNifty) (@JustNifty) July 31, 2021
Wish we had it when we started out.\U0001f64f https://t.co/0NYKqedy9w
Remembered it & made entry @ open for the "High rewarding 3rd wave"
Much appreciation🙏 to @ap_pune for his regular sharing of vital info. & wisdom from years of experience.
#auropharma "Hour t/f" for "Traders"
— Van Ilango (JustNifty) (@JustNifty) March 21, 2022
In search of the highly rewarding 2nd wave entry.
Today's & tomorrow's #priceaction would have more clarity for entry either @ 615-620 or above 655 https://t.co/20S0Lvc7ej pic.twitter.com/OFlf9MLkqz
Earlier chart in 5 Min. t/f with 75Sma
Relate oscillator movement to #priceaction & you'll notice price rise as "corrective" based on the feeble rise compared to indicator's rise except once. https://t.co/Tt1kD3iPlY
Good afternoon master,
— Sunny Singh (@SurendraSinghJi) May 7, 2022
What does sma 5 means with 25 ma as seen in this chart.
How to use it with macd master?
Already following systems that i learned from you.
Want to add another learning from this.
Keep blessings master \U0001f64f
More from Screeners
Covering one of the most unique set ups: Extended moves & Reversal plays
Time for a 🧵 to learn the above from @iManasArora
What qualifies for an extended move?
30-40% move in just 5-6 days is one example of extended move
How Manas used this info to book
The stock exploded & went up as much as 63% from my price.
— Manas Arora (@iManasArora) June 22, 2020
Closed my position entirely today!#BroTip pic.twitter.com/CRbQh3kvMM
Post that the plight of the
What an extended (away from averages) move looks like!!
— Manas Arora (@iManasArora) June 24, 2020
If you don't learn to sell into strength, be ready to give away the majority of your gains.#GLENMARK pic.twitter.com/5DsRTUaGO2
Example 2: Booking profits when the stock is extended from 10WMA
10WMA =
#HIKAL
— Manas Arora (@iManasArora) July 2, 2021
Closed remaining at 560
Reason: It is 40+% from 10wma. Super extended
Total revenue: 11R * 0.25 (size) = 2.75% on portfolio
Trade closed pic.twitter.com/YDDvhz8swT
Another hack to identify extended move in a stock:
Too many green days!
Read
When you see 15 green weeks in a row, that's the end of the move. *Extended*
— Manas Arora (@iManasArora) August 26, 2019
Simple price action analysis.#Seamecltd https://t.co/gR9xzgeb9K
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Ironies of Luck https://t.co/5BPWGbAxFi
— Morgan Housel (@morganhousel) March 14, 2018
"Luck is the flip side of risk. They are mirrored cousins, driven by the same thing: You are one person in a 7 billion player game, and the accidental impact of other people\u2019s actions can be more consequential than your own."
I’ve always felt that the luckiest people I know had a talent for recognizing circumstances, not of their own making, that were conducive to a favorable outcome and their ability to quickly take advantage of them.
In other words, dumb luck was just that, it required no awareness on the person’s part, whereas “smart” luck involved awareness followed by action before the circumstances changed.
So, was I “lucky” to be born when I was—nothing I had any control over—and that I came of age just as huge databases and computers were advancing to the point where I could use those tools to write “What Works on Wall Street?” Absolutely.
Was I lucky to start my stock market investments near the peak of interest rates which allowed me to spend the majority of my adult life in a falling rate environment? Yup.