Discover and read the best of Twitter Threads about #breakout

Most recents (5)

1) There are different parts in successful trading/investing. One of them is trade identification/analysis. While there might be other parts such as position sizing, trade management, psychology, one should be as consistent as possible while dealing with each part.
2) When identifying chart patterns consistency is key. There is a tendency to see patterns when actually they don't exist. A good way to avoid this is to focus on successful chart pattern completions and keep on looking for similar setups.
3) I.e. H&S bottom reversal should form after a downtrend. Preferably the chart pattern should have a horizontal neckline and symmetry between the right and left shoulder. Breakout should clear not only the neckline but also the 200-day average.
Read 7 tweets
I would be more than happy to guide on anyone who wishes to start learning #NimblrTA

The idea is let's do it for next 30 days and review where we are and what change it may bring.

Content is what is readily available but would be done in steps.

@Deishma @AhoNiranjana
#Topic #NimblrTA #Strength #Candles

Content for study
nimblr.pbworks.com/w/page/1252326…

Once done you may ask queries or if something is not clear or may have feedback, open discussion and learning.

Efforts will be yours to enlearn!
#Topic #NimblrTA #Strength #Candles
About Breakout Candle
deishman.wordpress.com/2017/08/19/bre…

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Read 63 tweets
Here's a (Thread) Checklist of when and what NOT to Buy :

☆ Don't Buy when the overall market trend is #Bearish

☆ Don't Buy a Stock in a Negative Group

☆ Don't Buy a Stock Below it's 30 Week MA

☆ Don't Buy a Stock showing poor Relative strength

Continue 1/4..
☆ Don't Buy a Stock that has a declining 30 Week MA (even if the stock is abv the MA)

☆ No matter how #Bullish a stock is, Don't Buy it too late in an advance, When it is far abv the ideal entry point

☆ Don't Buy a stock tht has heavy nearby Overhead Resistance

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☆ Don't Buy a stock that has poor volume characteristics on the #Breakout. If you Bought it because you had a Buy-stop order in, Sell it quickly.

☆ Don't Guess a bottom. What looks like a bargain can turn out to be very expensive stage 4 disaster...

Continue 3/4
Read 4 tweets
I have received lot of queries on #OptionsTrading.
Specially on the trades that I take on expiry day where option prices move 10 times in last one hour. Let me tell you that this happens only 1 in 3-4 weeks.
Few pointers that I look at.
Expiry day trading in options few tips. I hope it will help others.
So what I look for is following 3 things.
1. Open Interest Build Up on expiry day
2. Trend of the market from start of the day
3. how to trade
3. Time when breakout or breakdown of critical levels happen
#OpenInterest Build Up
#Optionwriting has become very popular & there is heightened activity of the same on expiry day. This is clearly visible through OI buildup in specific strikes where OI goes up significantly & price goes down. Now these strikes become our boundaries
Read 10 tweets
Major breakout on ICICIBANK fut, targets can be 400 levels.
#BREAKOUT
As I had harped on the 361 figure for long, after closing above 361 on 28th Dec, ICICIBANK has not closed below 361 anyday till now.
If following me closely, this should have been a good entry
btw, this a positional trade maybe for the whole of Jan, not an intraday call

Trades have to be in appropriate options strategies. A backspread will be good give the vols and so early in the expiry
Read 15 tweets

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