#Trading is not #Tough, human mind make it #Complex
Here is one #Setup that is working from decades and Even an #Amateur trader can trade it #Efficiently
Here is one #Setup that is working from decades and Even an #Amateur trader can trade it #Efficiently
First Look into this Self Explanatory Chart to create a #Mental_Model, how this pattern #Bull_Flag looks exactly. 
So Lets Talk About Different Stages and What you need to keep in Mind while looking into this #Bull_Flag Setup.
#Stage_1 ( #Filter Zone : Filter Stocks those are up more than 20% in last 15 Days)
Bullish Candles should be more than 60% of total Candles in Stage 1, so like in this #TVSMOTOR chart, you can see that Among 11 Candle, Only 2 are Red. All Bullish Candle has Good Volume too.
Bullish Candles should be more than 60% of total Candles in Stage 1, so like in this #TVSMOTOR chart, you can see that Among 11 Candle, Only 2 are Red. All Bullish Candle has Good Volume too.
#Stage_2 (Consolidation Zone/ Waiting Zone) :
After finding those stocks which has given good run, put those stock in your watch list and look for a good consolidation.
Look below chart; the bullish candle coming with Highest Volume means that it's still in Bull's control.
After finding those stocks which has given good run, put those stock in your watch list and look for a good consolidation.
Look below chart; the bullish candle coming with Highest Volume means that it's still in Bull's control.
#Stage_3 (Action Zone)
You have filtered it and watched it for long, now its time to take action.
#When_To_Buy
A Candle with good volume breaks the consolidation zone will become your Buy Day.
You have filtered it and watched it for long, now its time to take action.
#When_To_Buy
A Candle with good volume breaks the consolidation zone will become your Buy Day.
Here in this trade Risk-Reward is almost 1:3, which is again amazing.
Let me know if you want more explanation about it and I will explain it in different thread.
Let me know if you want more explanation about it and I will explain it in different thread.
#What_should_be_the_StopLoss :
I mostly use Low of the day as Stoploss (SL), so here on Buying day SL would be around 741.
This SL works most of the time, but if it breaks you should sell at least 50% and watch further action in case it was a shakeout. I prefer to sell Full.
I mostly use Low of the day as Stoploss (SL), so here on Buying day SL would be around 741.
This SL works most of the time, but if it breaks you should sell at least 50% and watch further action in case it was a shakeout. I prefer to sell Full.
#Target_Selection : The Beauty of #Bull_Flag Pattern is that it gives you very clear #Target, I have seen that 70% of the time its target get achieve.
I have shown in below Fig. how to calculate it, here the move in Stage_1 was120 point move which will become the target after BO
I have shown in below Fig. how to calculate it, here the move in Stage_1 was120 point move which will become the target after BO
This is My Favorite setup as anyone can trade it, no matter how experienced or amateur U are.
Even the experts trade it with high conviction & big position size.
If you want to trade setups like this under my guidance, you can join my Chat Room. For more details DM me.
Even the experts trade it with high conviction & big position size.
If you want to trade setups like this under my guidance, you can join my Chat Room. For more details DM me.
Here are 4 Detailed Charts That you can use for Study Purpose.
https://twitter.com/BrkoutGeek/status/1424036749294989320?s=20&t=SMmTca_uvvolznkc6getHA
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