Disciplinedtrader101

 10. Price Action Trading - Up Trend Rally Correction.  As we all know, in order to sustain the up trend or down trend in stock market, it has to take a correction, then it will continue the up trend rally or down trend rally. Here we will discuss few things, which we will able to understand the market sentiments and momentum. Step 1: In order to analysis the market structure, we need to take a overview of the past days performance in the market. As market is overall up trend, we can decide, it is in up trend market. Step 2: By doing the previous day analysis, we can see that market is struggling to make higher high and break the recent high price of the market. So, we can calculate the previous day's price by price range and make it half. Step 3: In order to continue the trend, market has to go take a correction till half of the previous move. Once it is takes the correction, then it will continue the up trend rally.  Step 4: Mark the support level and patiently wait for the marke

9. Price Action Trading - Bullish Flag Pattern. In order to book a profitable trade, we need to take few confirmations from market structure, SnR, Fib Levels, Psychological numbers.  Step 1: Market is trying to give a upside move and while respecting fibonnaci 0.5 level. Step 2: Market has created bullish flag pattern, which is a  Step 3: As market opened gap up, then we can take entry at nearest support level for long position. Now, we will note some confirmations to take the intraday trade. 1. Market is in bullish flat pattern. 2. It is taking support at Fib 0.5 Level. 3. Market is opening at support level and want to break the initial waves.  4. Take entry at retest and book the profit at psychology level 36000. 5. Check RR and Stoploss, we can easily get 1:2 profit in this trade.  Always calculate the risk and take the trade with proper setup. I hope the above information is helpful. Happy trading :)

 8. Price Action Trading - Harmonic Pattern. In order to be profitable in stock market, along with support and resistance level. We need to trade with pattern such as double bottom, head and shoulder pattern, harmonic pattern etc.. Here are some pattern formation which indicates bullish and bearish trends in the market.  These patterns exact look like double bottom and double top, if it is double top then bullish trend is nearby, or if it is double bottom pattern look like then bearish trend.  I have an example of the real market chart in the below images.  As you can see the harmonic pattern worked in the real market. Always keep SL according to your risk appetite.  I hope the above information is helpful. Happy Trading :)

7. Price Action Trading Tool - Trend Based Fib Extension Tool. Have you ever wonder how to find the levels of the market which is trading on all time high? Well, I have the answer for you. As there is no resistance levels at all time high, we can find out some levels by using Trend based Fib extension tool and we can keep an eye on to ride the trendy market. Note: Always remember, any financial markets are meant to increase the price in a long run, so always focus on buying opportunities rather than shorting the market.  If you want to become a profitable trader, you need to learn from the market everyday and try to understand what the market is suppose to say for the next move. If you have the different perspective on stock market than average retail trader, then you can beat any type of big player in the stock market and mostly be in profit zone.  I hope the above information is helpful to you. Happy trading :)

 6. Price Action Strategy - Short term counter trade and symmetric triangle pattern. We all know that if the market makes a symmetric triangle pattern and gives a breakout, then it will take a re test to make higher high.  All we know is this, but the fact is even if it gives a breakout at triangle pattern, we need to check if there is any major and strong resistance levels nearby. We will check this example of SBIN and find out the real truth of the market.  In the above image, we can see the SBIN is given a breakout of the symmetrical triangle pattern and took the retest. Every retailer will wait for the re rest to enter in a low price. As we can see in the above image, the market is at major resistance levels, so it may not go up ward and it may surely hit the stoploss of the many retail traders.  As we are trading in SBIN, we can check Bank nifty for double confirmation whether the stock will go down or not. Main two confirmations: SBIN is facing major resistance levels, Bank Nifty

 5. Price Action Trading - Range bound strategy. If the market structure looks like range bound or side ways, we need to remember two things: 1. Resistance levels, 2. Support levels.  As market price traded between the support level and resistance level, it doesn't mind the psychological levels ( round numbers ) and patterns as much. We can expect a big move if the market breaks the range bound prices or else, it will be traded within the range. We can buy the stock or options if the price is at support levels and we can sell the stock or option if the price is near to the resistance levels. If the market opens gap up and near to resistance levels, then we need to wait until it makes a inside or rejection candle for the confirmation to short the stock or option.  Ex: As the bank nifty is opened gap-up and nearby to resistance levels, so it may definitely come to fill the gap, after the first rejection candle as a confirmation, we can go short here.  As we can see in the below image

 4. Price Action Trading - Fibonacci Trick. If market is in a trend, then we can draw Fibonacci Retracement of recent high and low of the market price. We can get three major levels using the Fib tool which are 0.5, 0.6, 0.38. We can check whether price is respecting the Fibonacci levels or not. If it respects and trading above 0.5 level, then we can go for long positions.     If market opens above the 0.5 level and sustains above it then, we can take a long position.  As we can see in the below image that the price is breaking the recent trendline and taking a re-test for up move. If it is breaking the trend line and taking re-test then we can go long as market is trading above 0.5 level and very near to demand zone.  Hope the above information is helpful and happy trading :)

3. Price action trading - Corrective wave analysis. We need to understand the market structure at first in any index or any stock. Once we can understand whether the market is in uptrend in long view and down trend in short term view, then we can short the market on the corrective wave. We can also draw Fibonacci Retracement to get the proper support level, which is 0.5 Happy Trading :)

2. Smart Price Action Trading -  Wave Analysis. If market is converting from down trend to up trend, then it will surely take the resistance at second wave of the down trend. So, we can short at the new high to take profit of the correction. Note: Always remember no setup no trading. 

1. Smart Price Action Strategy Explained. Now, we will discuss about pure price action trading.  1. First of all, we need to find out the major trend of the market.  A. Up trend ( market is making higher highs and giving proper correction). B. Down trend ( market is making lowers lows). C. Sideways. ( market is stuck in a range bound and not making any higher highs or lower lows). D. Scary mode ( market immediately goes up and down by hitting all other's stop losses). 2. Demand and supply zones. A. Demand zone ( Support levels, where buyers are interested in buying the stock or contracts). B. Supply zones ( Resistance levels, where sellers are high and they drag the market to low price). 3. Trend lines. If market is respecting the trend line for at least 3 times, then it will become weak and surely break the trend line and make re-test then goes up-wards or down-wards according to the market conditions.  We need to have proper evidence with logic to take the intraday entry and exit