Thread by @JustNifty

To make money, seriously, in market:
Don't need to attend any courses, don't need to keep learning new things, fooling yourself with-"life is one big learning till the end", don't need fancy degrees, certified or uncertified
The stress here is that no one can ensure it for you🙏

If you are an investor:

A ST investor - Go with daily +divergences in Day T/f
A MT & LT investor - Go with + divergences of week/ Mth

If you are a trader:

Go with "both" +ve ^& -ve divergences in Day & week t/f

Will flood with divergences today!!😀🙏

What is divergence ?

Doctor takes your pulse/ heartbeat to know under current of yr body mechanism-& he finds illnesses in the form of abnormalities in pulse reading
A simple technical tool, MACD, reveals at critical junctures Mkt's inherent strength/ weakness-due for a reversal

If you're an investor -

Take note of the +ve divergences to make investments

Take note of the -ve divergences to partbook on those investments..(Choose here whether to part book or not-Learn this from experience)

Choose investment worthy stocks & Apply this strategy😀🙏

When in doubt, stay out-need not trade/ invest all signals. Don't have answers for all situations-No one does. But when you come across signals that are low risk-high reward, take that low risk no matter how pessimism or optimism prevails then.
If don't apply, you'll never grow😃

Prices can fall without showing -ve divergences..
Prices can rise without showing +ve divergences..

Sometimes, the Trend indicator gives buy while prices may not confirm by closing above ST key average like the one shown in this chart of EIH.

'Start small; add more on conf.😀🙏

Double -ve divergence-Trader's challenge but investor's delight to book profits

At such double divergences,traders would do well using lower t/f-Hour to manage their trades

Double or triple divergences if seen in stocks, investment could be postponed till a week signal emerges

With experience, you will start to differentiate strong trend by combining higher t/f and ignore some signals
Persistent divergences suggest of continued supply @ higher levels and once those supply is absorbed, more demand persist @ key supp., it'll eventually lead to new highs

Failed divergences seen in a firm uptrend.
ICICIBANK, making life time highs regularly, never confirmed the -ve divergences with a close below 26 Dema

divergences fail in 3rd waves

Learn "Elliott Wave Principle" - a free online book-link here- bit.ly/2Zj9v3W 😀🙏

Oh!! You need a lot of patience and once taken trade or investment, great resolve to stay in position or invested

Easier said than done; nevertheless, you must proceed to apply these studies/ signals in real markets to learn to reinforce the effectiveness of this study & to earn

A triple +ve div to test your patience - but it's a low risk clearly defined. Your choice - you can choose to ignore it & go with better fundamentals or take a call that worst is over for this sector (Metals)
Uncertainty - Face it or ignore it
Market is full of surprises😃🙏