Learning Group -VIJAYWADA

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niftyoption

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21/55/100 ema chart I understand now how to learn drawing this demand and supply area:)
Dear PT Bhai ,

Identify supply and demand areas ,for that first watch rejection and re bounce
areas it is purely price action , and watch that stock chart carefully and you will able to identify that ...:)
 

XRAY27

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Thank you Bro for your time can you tll me till when this stock is going to be in a bad habit named parabolic rise???? or it is just waiting for me to book loss:confused::confused: I have no problem in waiting can you suggest which is the best way to exit in profit or come out with a minimum loss:) Jai Ram Ji KI
i don't Know who put you in this stock or it is your own venture...but we should'nt do blunder, plunder and surrender
i cannot say how to deal this as if now...because in TA System tells ,entry, exit and sl along with tsl...sorry bro!!!!!!!!!:confused::confused::(:(
 
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XRAY27

Well-Known Member
I have seen posts asking about what is a price action trading (PAT).. found some interesting explanation in internet regarding this...

What is Price Action ?

Basic Definition:

Price Action Trading (P.A.T.) is the discipline of making all of your trading decisions from a stripped down or “naked” price chart. This means no lagging indicators outside of may be a couple moving averages to help identify dynamic support and resistance areas and trend.

All financial markets generate data about the movement of the price of a market over varying periods of time; this data is displayed on price charts.
Price charts reflect the beliefs and actions of all participants (human or computer) trading a market during a specified period of time and these beliefs are portrayed on a market’s price chart in the form of “price action” (P.A.).

Whilst economic data and other global news events are the catalysts for price movement in a market, we don’t need to analyze them to trade the market successfully. The reason is pretty simple; all economic data and world news that causes price movement within a market is ultimately reflected via P.A. on a market’s price chart.

Since a market’s P.A. reflects all variables affecting that market for any given period of time, using lagging price indictors like stochastics, MACD, RSI, and others is just a flat waste of time.

Price movement provides all the signals you will ever need to develop a profitable and high-probability trading system. These signals collectively are called price action trading strategies and they provide a way to make sense of a market’s price movement and help predict its future movement with a high enough degree of accuracy to give you a high-probability trading strategy.
 
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praveen taneja

Well-Known Member
I have seen posts asking about what is a price action trading (PAT).. found some interesting explanation in internet regarding this...

What is Price Action ?

Basic Definition:

Price Action Trading (P.A.T.) is the discipline of making all of your trading decisions from a stripped down or “naked” price chart. This means no lagging indicators outside of may be a couple moving averages to help identify dynamic support and resistance areas and trend.

All financial markets generate data about the movement of the price of a market over varying periods of time; this data is displayed on price charts.
Price charts reflect the beliefs and actions of all participants (human or computer) trading a market during a specified period of time and these beliefs are portrayed on a market’s price chart in the form of “price action” (P.A.).

Whilst economic data and other global news events are the catalysts for price movement in a market, we don’t need to analyze them to trade the market successfully. The reason is pretty simple; all economic data and world news that causes price movement within a market is ultimately reflected via P.A. on a market’s price chart.

Since a market’s P.A. reflects all variables affecting that market for any given period of time, using lagging price indictors like stochastics, MACD, RSI, and others is just a flat waste of time.

Price movement provides all the signals you will ever need to develop a profitable and high-probability trading system. These signals collectively are called price action trading strategies and they provide a way to make sense of a market’s price movement and help predict its future movement with a high enough degree of accuracy to give you a high-probability trading strategy.
Bro if i am not wrong you mean when trying to learn one must only keep eye on price action:confused::confused:
And how to do that:confused: Bro My knowledge is low on TA sorry for asking too many questions Jai Ram Ji KI God bless us all
 

columbus

Well-Known Member
I have seen posts asking about what is a price action trading (PAT).. found some interesting explanation in internet regarding this...

What is Price Action ?

Basic Definition:

Price Action Trading (P.A.T.) is the discipline of making all of your trading decisions from a stripped down or “naked” price chart. This means no lagging indicators outside of may be a couple moving averages to help identify dynamic support and resistance areas and trend.

All financial markets generate data about the movement of the price of a market over varying periods of time; this data is displayed on price charts.
Price charts reflect the beliefs and actions of all participants (human or computer) trading a market during a specified period of time and these beliefs are portrayed on a market’s price chart in the form of “price action” (P.A.).

Whilst economic data and other global news events are the catalysts for price movement in a market, we don’t need to analyze them to trade the market successfully. The reason is pretty simple; all economic data and world news that causes price movement within a market is ultimately reflected via P.A. on a market’s price chart.

Since a market’s P.A. reflects all variables affecting that market for any given period of time, using lagging price indictors like stochastics, MACD, RSI, and others is just a flat waste of time.

Price movement provides all the signals you will ever need to develop a profitable and high-probability trading system. These signals collectively are called price action trading strategies and they provide a way to make sense of a market’s price movement and help predict its future movement with a high enough degree of accuracy to give you a high-probability trading strategy.
DATA can be 3 types :DYNAMIC , SEMI-STATIC and STATIC.

DYNAMIC- keeps on changing every second. ex.Market Index
SEMI-STATIC-small changes,with a tight range.ex.Temperature in a day
STATIC-fixed for a long period.ex.Service tax.

Of all ,predicting future when data is 'dynamic' gives immense joy.
 

XRAY27

Well-Known Member
DATA can be 3 types :DYNAMIC , SEMI-STATIC and STATIC.

DYNAMIC- keeps on changing every second. ex.Market Index
SEMI-STATIC-small changes,with a tight range.ex.Temperature in a day
STATIC-fixed for a long period.ex.Service tax.

Of all ,predicting future when data is 'dynamic' gives immense joy.
System which is dynamic gives "money" while trading and result is we get immense joy and happyness with this work
 
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