Duration 15:46

Learn How technical analysts generates trading/investment ideas. Do it like a pro.

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Published 15 Apr 2017

Learn How technical analysts generates trading/investment ideas. Do it like a pro. In this video, Learn How technical analysts generates trading/investment ideas. Do it like a pro. we will try to implement everything (Fibonacci trading, predicting support with simple moving average and exponential moving average, trading with moving average cross-over strategy, how to trade using MACD, identification of trend, bearish and bullish cross-over, candlestick concept) we have learnt so far and we will try to take our next trade. We will be also looking at the suitable option strategies that can be implemented. Success Sequence Trading Strategy: How I decide trade (Understand buy/Sell Signal): I use simple moving average, exponential moving average, MACD I & II and RSI. Along with the above I also try to consider price action by way of analyzing candlestick. To further support my decision making by reading option chain data. Video links are mentioned below (I have discussed my videos in length about various strategies that can be used to decide strength and accordingly generate buy/sell signal.): Note: The same analysis can be sued for swing trading (Weekly Charts, Monthly Charts) and also for intra-day trading (1 minute chart trading, 3 minute chart trading, 5 minute chart trading, 10 minute chart trading, 15 minute chart trading, 30 minute chart trading and Hourly chart trading). Moving average trading strategy: [A simple moving average (SMA) is an arithmetic moving average calculated by adding the closing price of the security for a number of time periods and then dividing this total by the number of time periods. Exponential moving average is same SMA excep more weight is given to latest data] Link: /playlist/PL_ZMBXAJEi22A_RG2CxDbYQOo7ZwHxE_p I use two moving averages (Simple and Exponential Moving average) to decide the strength and accordingly generate buy/sell signal. MACD Trading Strategy: [Moving average convergence divergence (MACD) is a trend-following momentum indicator that shows the relationship between two moving averages of prices.] Link: /playlist/PL_ZMBXAJEi22A_RG2CxDbYQOo7ZwHxE_p I use two fibonacci MACD (Moving average converge divergence) one with setting of (5,8,3) and another with (13,21,8). RSI Trading Strategy: [The relative strength index (RSI) compares the magnitude of recent gains and losses over a specified time period to measure speed and change of price movements of a security] Link: /playlist/PL_ZMBXAJEi22A_RG2CxDbYQOo7ZwHxE_p I use RSI with 61.80 as upper zone and 32.80 as lower zone. I also consider 50 as also important level for price reversal. Fibonacci Golden Moving Average: I use two moving averages (Simple and Exponential Moving average) with golden ratio number 61.8033 to decide the strength of the market relatively longer term. It can guide to predict market tops and bottoms much earlier. Price Action: Link: /playlist/PL_ZMBXAJEi212istN2K5e2fEHsfxLFgWQ I use candlestick analysis to check the sentiments prevailing in the market. I have discussed the concept of various candlestick chart patterns and the less known concept of candlestick wicks and tail, which can be used to identify important support and resistance zone along with the sentiments at particular price level. Reading of Option Chain data: Link: /playlist/PL_ZMBXAJEi23pANg7qrKoITmfTpKzuGqF /playlist/PL_ZMBXAJEi20l9CH2k1Yb_hLFQcQeqZDS I start my analysis by first determining option activity range on daily basis and then I observe the position built on each level (call buying, put buying, call writing, put writing) to predict the sentiments. I use my special formula to find out probability of market going up, down or stable. See my videos where I have shown the calculation part. Connect with me: https://www.facebook.com/Nifyfy/ https://twitter.com/cakashoza https://plus.google.com/109416086497755161450 Whatsapp: 95743-99901

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