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Price Action Trader
@PAVLeader
, 5 tweets, 2 min read Read on Twitter
Build your stock scanner
1/n
If you want to get BEST results in trading, keep eyeballing charts manually & give max time for manual screening & scrolling. This will help you understand the behavior of an individual chart & will help you strengthen your #PriceAction skills.
2/n
 Above all it will help you build your own scanner becoz you know what works what doesnt. More time you do this, more confidence you will get on your trading skills & eventually it will help you in making more money. It's a journey you have to travel & there is no shortcut.
3/n
 Every week, I keep testing new ideas & build new scanners in Amibroker which helps me scan stocks matching my buy/sell criteria. The criteria could be any condition, any indicator, 52HL etc. You are just translating your thoughts into a scanner to get you the results you need
4/4
 This week, I have designed/built a very simple scanner which works on the following 4 things & gives you excellent results (I tested it on EOD)
Fractals
RSI
RMI
EMA21

Will upload on Google Drive under scanners. Test it, use it & customize it as per your need. Happy Trading!
Here is the link for Google Drive where this scanner is available along with few other powerful scanners. Hope you will find it useful.

drive.google.com/drive/folders/…
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More from @PAVLeader see all

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Price Action Trader
@PAVLeader
#BANKNIFTY Future bar by bar commentary for today's move for learning purpose.

1/n
After a powerful reversal with massive volume & wide range bar yesterday #BNF closed above EMA21 & has made higher higher on 15M candles & didnt break the low of any previous candle.
2/n

This shows the strength in the move & shows the strong momentum upside. After so many days of downfall, bears were shorting on every rise & this was a perfect "Bear Trap" setup (yesterday it broke the day low only to reverse).
3/n
At yesterday close selling profit booking was witnessed but today's open didn't break the low of that candle as well. It shows we still have some steam left for upside.

Points below are aligned with the numbers marked on the chart for easy understanding -
Read 12 tweets
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Price Action Trader
@PAVLeader
As promised I am sharing the commentary of today's #PriceAction on #BankNifty future 15 minutes chart. I trust you will find it useful for learning purpose.

Each bullet point is reference with the candle number for easy understanding.

#TradeWithPAL
1/n
 1. Gap down open, price closed below demand zone with ultra high volume. Long upper wick, signs of selling pressure.
2/n
 2. Next candle bearish with less vol than prev candle, price closed below 1st candle, small tail. Selling pressure continued
Read 12 tweets
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Price Action Trader
@PAVLeader
Make 1 highly liquid stock or Index your primary instrument for trading & NEVER miss a trade in it. Know every move, every level, every behavior of that stock/Index. This sheer focus will yield the results you are craving for all these years.

Mine is #BankNifty. What's yours?
Glad to see so many response. Good that many of you have chosen at least 1 primary stock/index to trade. Every stock behavior is different so u need to develop a unique strategy for each. What works on #ICICIBANK may not work on #TCS or #MARUTI. Find that behavior & have an edge!
Some people asked my fav list of stocks. Here are 15 highly liquid stocks/Index (mainly in Options) which I keep a track on.

Remember, #BANKNIFTY still remains my primary (biwi) & remaining 14 are girl friends to flirt 🤣🤣🤣🤣. Do it at your own risk 😂😂

#TradeWithPAL
Read 3 tweets

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Cecile Janssens
@cecilejanssens
This might well be the most amazing project that I have ever worked on: the validation of a new method for searching scientific literature. The first paper is now online for comments.
(thread)

peerj.com/preprints/2764…
A while ago, my students were stuck finding relevant literature for their projects. I had just given myself a break from grant writing and had time to help them out---a decision I will never regret (the opposite, I keep wondering what discoveries we miss by being too busy ...)
Searching scientific literature is time-consuming and, on new topics, full of uncertainty: How do we know that what we found was the best that was to be found? How do we know our search query was appropriate? Often, we don’t.
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Sam Wang
@SamWangPhD
Actually, no. For example, in 2016 the minimum number of jurisdictions needed to reach Hillary Clinton’s popular majority was 39 states plus DC.

But let’s get serious. Let’s review origins, consequences, & flaws of the Electoral College.

[here beginneth the thread]
The Electoral College was part of the same compromise that led to the apportionment of the House and Senate. (Recall that each state gets electors = members of House and Senate combined.)

A major, major driving force was slavery.
House-type electors were (and are) proportional to population. But how to count slaves? Under the logic of slavery, it would not be fitting for them to vote. But their owners wanted the power of their numbers. So they counted for three-fifths of a person each.
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Vishal Vachhani
@vishal_gv
#MachineLearning in System #trading. Here is a simple idea to improve your system.

#MachineLearning(#ML,#DeepLearning) is used in stock trading algorithms/system intraday or EOD based system. Mostly these systems are predictive systems.

(1/n)
These predictive system are based on given OHLC and other indicators (like RSI,MA,etc) tries to predict the value of next close/open/...using Machine learning/AI algorithms. There are many simple statistic based systems(call it non-AI system) also... (2/n)
Aim: to improve win ratio using #MachineLearning specifically classification algorithms
Input: your historical system trade data with various system parameters(like, rsi, supertrend , atr, etc) along with status or trade(winning or losing)
(3/n)
Read 15 tweets
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Tola Onayemi
@adetolaov
A thread for young people.

If you don't come from wealth or privilege, chances are that, you're in the most difficult generation ever, for young people to become wealthy.

Here are my thoughts on how to beat the trap.
I don't need to tell you that globally, it's harder than ever to get a great job. Even more difficult to get a well-paying job.

Chances are that most people barely have a savings at the end of the month, after meeting their daily needs.
Then jobs that existed before are quickly being taken over by machines, or even more skilled workers who are ready to work for less. So the competition is steep.

But when life hands you lemons...
Read 26 tweets
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Tessa
@ClacesShadow
Shane is fangirling about meeting Rebekah and Kol, the Original vampires, and bragging about not being able to be compelled. Then Bex tells Kol to beat the location of the cure out of him. Lol. Imagine meeting your idols and they beat the shit out of you.
Back to this. "Truth or dare, Elena?"
"Dare." Damn that's brave.
"I dare you to tell Stefan the truth about Damon."
Sweetie, that's truth not dare, but I am here for this.
"Seriously?!" Caroline being there for Stefan again.
Bex is being really childish though
"Being with Damon makes me happy." HSHDFLK YES IT DOES.
"Makes you happy? Clowns make you happy Elena. Dig a little deeper."
Actually, clowns do quite the opposite of making me happy, but to each their own Rebekah. 🙈
Read 1801 tweets
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IMReturnsManager
@IMRiskManager
Some useful links & resources for traders
#Trading
#MarketProfile
#mp_amt
1. The Disciplined Trader thread in PDF
2. James Dalton & Peter Reznicek - Market Profile Webinar March 2017
Read 24 tweets

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