THE CONFIRMATION

13 thg 8, 2017

We generally talk about breakdown and breakout confirmations. I have tried to present what confirmations actually are and how they are traded.

Some traders use indicators for confirmations, but in this post i have discussed confirmations based on price action only.

Same strategy can be used for breakouts.

Notes on the chart.

Hit like/comment for better educational posts in future.
Trade safe, stay healthy.

Best Regards
Bravetotrade

13 thg 8, 2017

Ghi chú

13 thg 8, 2017

Ghi chú

Fellows, should i link all my education posts with this one post. Just write 'yes'.

13 thg 8, 2017

Ghi chú

13 thg 8, 2017

Ghi chú

14 thg 8, 2017

Ghi chú

Breakout in BataIndia today was a perfect example of BOS Method.
Very strong uptrend supported by overall market strength..no pullback.
Breakout candle was huge so no attempt for FB or TFB

14 thg 8, 2017

Ghi chú

Another example of a recent triangle breakdown in Nifty chart

14 thg 8, 2017

Ghi chú

Five possible PRR entry points in the Nifty chart.

14 thg 8, 2017

Ghi chú

Last Example: Nifty today. I know nobody trades 1 min. chart on Nifty but just have a look at it..just an e.g.

14 thg 8, 2017

Ghi chú

All the best.