If u are a pullback trader u get to take an entry very close to the end of a counter trend move which offer a very tight SL.
In case for a trend follower, the candle size near to the trend phase he is aiming at is way too larger and hence offer a much wider SL

Suppose u r in a long trade in 5min TF,
How would u assess trend is still intact
and
u can scale into the trade to maximize the profitability ?

1.
HH HL formation and pin bar with good vol at vwap or just abv previous low. ADX greater than 25

1/6

2.
Low volumes on counter trend move and price not closing below Vwap

3.
HH and HL formation on 5 min time frame. Volumes expanding when making HH and low volumes when in LL. Price above vwap

4.
SuperTrend 10,2, for scale in at ST retracement

2/6

5.
a). Bullish PA when candle is at VWAP
b). Minimal Overhead resistance (Volume Profile can help) helps in making the stock to trend more easily
c). Can Scale in when Price retraces to VWAP during low volume period mid-afternoon and forms a Bullish candlestick

3/6

6.
a). Trend still intact: Slope of 20 or 21 EMA moving higher
b). Upscale: Price pullback to EMA with less volume followed by upmove with good volume

4/6

7.
a). Should cross 5 EMA
b). Above yesterday VWAP
c). Possibly Ascending Triangle Break Out.
d). If continued trend dont add
e). If re test confirmed in intraday will add more

5/6

List of stocks which main steady gain in price since 3 years. These can be considered for investing in any type of market conditions

Pullback Trading Strategy

Stock Selection: Stock under major uptrend with higher swing highs and lows since last one year
Trade location: Pullback to 20SMA after making a higher high
Trade set up: Candlestick Reversal Pattern with high Volume
SL: <20SMA of low
Target: Breakout

These are the books i talked about

1
https://t.co/fST4GxCrE2
2
https://t.co/8tTeRlJFHh
3
https://t.co/mmSbaqjBcG
4
https://t.co/6olb6LYh89
5
https://t.co/yEWYDoCM4e
6
https://t.co/OfuAZ98jKT

Stocks with super improvement in Financials as per latest quarterly results and strong price action.

Yesterday Subasish Sir from Power of Stocks made his first 1.5cr on Intraday

So let's have a look what we can learn from his today's profit:

• He generally build positions at previous swing break or after seeing a reversal candle after some retracement

• He generally creates his positions at 1st half of market
After that he just do adjustments and other things to his existing positions
• He trail his positions at previous swing high/low level

• He watch 5 min time frame to find reversals (W or M pattern) at Support/Resistance

• He generally short ITM options with hedge at 2000 far strike for margin benefit
• He leaves CE short options alone for overnight only if it decays over 20-30% after his entry

• But he never leaves PE short options alone (except where it become deep OTM) cause market generally gap up by small % but it can gap down by huge % due to any economic fear
• He always keep hedges(CE/Future short)to protect down side risk while he leave PE short for overnight

#CNBCTV18Exclusive | Atul Suri of Marathon Trends explains what the charts are indicating amid the current heightened global volatility

@_prashantnair @_soniashenoy @Nigel__DSouza

What are some hidden gem indicators on @tradingview platform ?

I like TL enhanced Volume Indicator