Dragon's Archives

Become a Point & Figure charting expert with Prof. Kaushik Akiwatkar! https://cutt.ly/Z977xk9 Get comprehensive lessons in my YouTube video playlist, updated every Tuesday & Thursday with new content 💡 Master this charting method and take your trading to the next level! https://cutt.ly/Z977xk9 #TradingEducation #PnF #PointandFigure

Thread 🧵⬇️ We will delve into the use of Options Chain analysis as a tool for gaining insights into the market's direction. We will touch on two concepts - Max Pain and PCR, and how to apply this information to your trading decisions. #OptionsOpenInterest #MarketAnalysis https://twitter.com/kaushikaki/status/1601811605049819136

What is your most important pattern

You can use "MA Ribbon" As indicator on trading view. It will help you to plot your 4 favourite moving averages at one go on charts. It's visible in posted charts. Not aware how many observed.

Little Investors - Rupee Tales.. Share this with every child

Thread-3 | Box Size for P&F Charts In this thread I have discussed: 1. Box Value into different slots 2. Pattern formation in each slot 3. Importance of patterns in different box values https://twitter.com/kaushikaki/status/1569642093584257024

Thread-2 | Basic Patterns of P&F Charts https://twitter.com/kaushikaki/status/1568192548392280065 If these learnings threads are helping you, please RT to help me spread this learning and let me know your thoughts in the comment section.

3%-4.5% move in FnO scrip ATM/ATM+1 OPTION strike Gives 80%-140% returns easily A Circuitabad almost 350-500% 15-18% move gives close To 700-800% returns. So while thinking FnO. Can think like this.

Breadth Indicator The most relevant indicator to understand and evaluate market sentiment In this thread: 1. What is a breadth indicator 2. Different types 3. How to use it Concept Thread 🧵⬇️ https://twitter.com/kaushikaki/status/1548331866973163521?s=20&t=Lmjn1EySg65wrTdCmU-3jA

Market Wizard Linda Raschke’s Technical Trading Rules Buy the first pullback after a new high. Sell the first rally after a new low. Afternoon strength or weakness should have follow through the next day. The best trading reversals occur in the morning, not the afternoon. The larger the market gaps, the greater the odds of continuation and a trend. The way the market trades around the previous day’s high or low is a good indicator of the market’s technical strength or weakness. The previous day’s high and low are two very important “pivot” points, for this was the definitive point where buyers or sellers came in the day before. Look for the market to either test and reverse off these points, or push through and show signs of continuation. The last hour often tells the truth about how strong a trend truly is. “Smart” money shows their hand in the last hour, continuing to mark positions in their favor. As long as a market is having consecutive strong closes, look for up-trend to continue. The up trend is most likely to end when there is a morning rally first, followed by a weak close. High volume on the close implies continuation the next morning in the direction of the last half-hour. In a strongly trending market, look for resumption of the trend in the last hour. The first hour’s range establishes the framework for the rest of the trading day. A greater percentage of the day’s range occurs in the first hour then was the case in the past, and thus it has become increasingly important to trade aggressively if there are early signs of a strong trend for the day. There are four basic principles of price behavior which have held up over time. Confidence that a type of price action is a true principle is what allows a trader to develop a systematic approach. The following four principles can be modeled and quantified and hold true for all time frames, all markets. The majority of patterns or systems that have a demonstrable edge are based on one of these four enduring principles of price behavior. Charles Dow was one of the first to touch on them in his writings.Principle One: A Trend Has a Higher Probability of Continuation than Reversal Principle Two: Momentum Precedes Price Principle Three: Trends End in a Climax Principle Four: The Market Alternates between Range Expansion and Range Contraction! In the world of money, which is a world shaped by human behavior, nobody has the foggiest notion of what will happen in the future. Mark that word – Nobody! Thus the successful trader does not base moves on what supposedly will happen but reacts instead to what does happen.

This is how I would want to unfold . Baki ab dekhte he market kya karega. levels I will rebalance based on Pull backs and % .

Did you try predicting momentum in stock but failed? This thread is for you. In this tread, we will discuss the concept of Momentum Trading using Relative Strength to identify a perfect trade setup which will have high accuracy and small SL. Strategy Thread ⬇️ https://twitter.com/kaushikaki/status/1530929551580483584?s=20&t=aSMmq3Z7_bmWQCZBfHwJkg