Trading Knowledge For Beginners - One stop for all the basics of Technical Analysis used in Trading!

Hey Trader 😊,

Welcome to the InformaTive Channel.

This Page is created mainly with the intent to provide knowledge on technical analysis.

Technical analysis at first may seem very difficult! but it's not.

Technical analysis may appear complicated on the surface, but it boils down to an analysis of supply and demand in the market to determine where the price trend is headed.

Understanding the pattern's formed in candlestick chart and getting to know the western style of Technical analysis will help you make an informed decision and reap profits.

Technical Analysis will help you know when to enter and when to exit from the stock market.

Unlike Fundamental Analysis, Technical analysis can be used for

Day trading
Swing Trading
Positional Trading
Scalping
Trading Crypto-Currencies

So, Having knowledge of technical analysis will help you in a lot of ways and I will help you out in understanding Technical Analysis and guide you to become a successful trader.

There is an ocean of Knowledge on trading available online but I will write about the techniques which are most effective and are widely used in the stock market.(i.e. I will do all the filtering work for you, so you get what is best in stock market industry.)

“I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.” – Warren Buffett

Comments

Understanding Bearish Gravestone Doji and Shooting Star - Single Candlestick Patterns

Single Candlestick Patterns Bearish Candle Stick Patterns: Indicates the end of an uptrend and start of the downtrend. These candlesticks are very strong when they are formed near the resistance line . There are two types of Bearish candlestick patterns : 1. Gravestone Doji 2. Shooting Star The bearish hanging man is a single candlestick, and a top reversal pattern. A hanging man signals a market high. The hanging man is classified as a hanging man only if is preceded by an uptrend . Since the hanging man is seen after a high, the bearish hanging man pattern signals selling pressure. , Gravestone Doji Shooting Star ...

Bearish Engulfing and Piercing pattern - I

Bearish engulfing How to recognize it? There must be a proceeding uptrend A shorter green candle followed by a long red candle The longer red candle opens higher and closes lower than the shorter green candle, completely engulfing it. What is the psychology behind? The green candle implies the control of the bulls following a prolonged uptrend In next session, the market opens about the high of the green candle, suggesting continuation of the bullish force The bulls then lose momentum, the bears take charge then send the price down during the session and eventually manage to close below the low of the green candle The bears have now fully overridden the Bulls How do we trade it? Look for the bearish engulfing at the top of an uptrend Wait for the next candle to close below the law of the red candle to confirm the existence of bearish force Open the short position upon confirmatio...

Understanding the glossary of Trading

Bears - Market participants who expect the market to decline and attempt to profit from it. Bearish - The expectation of market going down. Bulls - Market participants who expect the market to rise and attempt to profit from it. Bullish - The expectation of market going up. Downtrend - The tendency of price moving downward. Gap-down - The scenario of a stock that opens at a price that is below the price it closed at in the previous trading session. Gap-Up - The scenario of a stock that opens at a price that is above the price it closed at in the previous trading session. Long Position - Buying a stock with the expectation that it will rise in value. Resistance - The price level that sell force is strong to prevent prices from rising higher. Support - The price level that buy force is strong to prevent prices from falling further. Uptrend - The tendency of price moving upward. Stop Loss - An order to sell a financial asset at a specific price in order...

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