Discover and read the best of Twitter Threads about #McDowell

Most recents (7)

let me post some 100 #fibbonaci number wonders on long term chart.
Post your chart too with #fibbonaci, make sure chart is clean.
this is number 1 in list
#ibrealestate
in 2021 it was one of the hot stock - Infact I was also excited took entry at top despite I was seeing Golden ratio rejection.
what happened next is history. Image
the very same stock took eyeball again few months back -- people went gaga
even we went long -- but exited sharp at 61.8%

checkout the result
#Fibbonaci Image
Read 18 tweets
Must work continuously....
This one has been in a corrective phase with shallow retrace for the last "9 Days"

#McDowell IF holds 735-738 & shows a reversal signal, it would attempt ATH & 800-825.
#McDowell
After a "Flat" correction (Darwas box !!!), just warming up
Read 6 tweets
#McDowell
Breaking out in Month t/f
Weekly in firm uptrend & so does Day

2 scenarios in ST.
Traders a bit of dilemma
Investors - just cheers ImageImageImage
#McDowell
The most rewarding phase 3rd of (3)rd of 3rd.... every dip, BUY Image
#McDowell
Immediate target "783" & then with corrections more to come.

HOLDING ?? "738-743" preferably (715 - 761's 38%-50% retrace) Image
Read 4 tweets
1 new chart everyday, it could be from any space ~ equities / commodities / crypto / forex / bonds , etc

Will try to do it daily 🙏💪

Here's the first one 👇

SBI vs BankNifty

Ratio chart has given monthly breakout implying SBI could outperform BN in coming months.

#PB365 Image
(2) #DLF monthly chart

#PB365 Image
(3) #VodafoneIdea weekly chart

#PB365 Image
Read 160 tweets
#McDowell has more upsides left; Use every dips to buy this.
#McDowell open & low same - From 550 to 555 done; will move past 558 to 561.5-565 zone today, holding 548.
#McDowell making high of 562.
Read 5 tweets
#Bollingerbands (Threads to understand & It's actual use)

( Practical use)

*We all know that #BB is give us volatility of stock.
* It works on standard deviation principle
* Price always wave between Upper and Lower band.
* It is always said that use #volatility contraction .
*After Volatility contraction price , move in quicker way.
* To identify this #volatility contraction, we use #BB

Examples show that round is volatility contraction. Price stuck in range and volatility is cooled off.
but , how to identify that volatility is really contracted?
many false signal will be generated.

So here is the secret.
Dont just trap in just #Bollingerbands

I am sharing secret to use it with #ketlner Channel
Read 10 tweets
#LetsLearn

Earlier I explained how to make charts cleaner by using Two day Swing Lines & today I explained how to identify Relative Highs & Relative Lows in an objective manner
Link1:

Link2:

1/n
#LetsLearn

Now I will try to show how to make a TRADING system out of the two....

Tools used:
Relative High AND Low identifier (N=10) and
Two day Swing Lines

.....2/n
#LetsLearn

Further to the above thread to find trade setups using the above mentioned tools.

Topic: Identifying "TREND FOLLOWING trade setups" using Top-Down approach

- Weekly and Daily charts are taken with Relative Highs and Relative Lows marked (parameter N=5)

..contd..
Read 7 tweets

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