Recent content by Wayne_gft3

CANDLESTICK PATTERN One of the most powerful trading concepts, easy to recognize and is a profitable Trading Setup. Studies have confirmed that this PATTERN has a high predictive value. Candlestick pattern is like a language for us to understand about the market that has taken place.

BULLISH ENGULFING Bullish Engulfing Bar tells us the market is no longer under the control of the Seller and the Buyer will dominate the market. When a Bullish Engulfing candle is formed during an UPTREND, it indicates a signal continuation and when a Bullish Engulfing candle is formed during...

BEARISH ENGULFING This is how the Engulfing Bar looks like on the chart. If Bearish Engulfing Bar, it tells us that the seller is controlling the market. When this pattern occurs at the end of an uptrend, it tells us that the Buyer is swallowed or dominated by the Seller which indicates a...

Accumulation Phase Smart Money (SM) has recognized the low/ cheap price market and started collecting in large quantities. Usually the price will be in a state of "sideways" (horizontal) and this phase takes a long time, it may even reach many years. Mark-Up Phase At this point, the stocks...

MARKET TYPES BEARISH MARKET : - The market declined in a downward trend as investors sold riskier assest BULLISH MARKET : - When the Bulls are powerful in the market, people are looking to invest money, high confidence and risk acceptance generally increase. Traders can take advantage of...

Price movements are based on two types of trends, namely Bullish (uptrend), Bearish (downtrend) and Sideways. This trend analysis is a way to determine the trend of a price movement. Before determining the trend of a price, the trader must know what is meant by the terms below. Higher High...

SUPPORT & RESISTANCE Support & Resistance (SNR) is a zone. The simple language is Roof (Resistance) and Floor (Support). The strength of SNR can be seen through the frequency of price return (retest) in the zone. If it happens, it means that the breakout zone is not strong. Make sure it is in...

IDENTIFYING SUPPORT & RESISTANCE What do we see from the image above to determine Support & Resistance? If the Support or Resistance area is always tested, and the price is not successfully penetrated (break), then the stronger the area, it can be said to be a major Support/ Resistance area...

Why is BREAKOUT important? It is the initial signal of the next price direction. When a breakout occurs, the market is telling where the price is going to go after this. But, keep in mind that a breakout is not a confirmation for the market to follow the breakout signal. Several other things...

TRENDLINE Trendline is the line where we mark the formation of a trend. Either to predict an uptrend or a downtrend. It includes the market’s journey. There are 3 types of Trends :- 1. Uptrend The upward direction of the market movement, also known as 'Bullish' 2. Downtrend Downward...

There are 3 types of trends uotrend downtrend and sideways trend and they help you to make good decisions in trading

Plz help so that i can get knowledge about trading v75 so that i really become so profitable