Abin raj

priceactionabin replied to Aman saini's post

• Sep 2, 2024 9:34 PM

No trading is not gambling. Trading is comparable to chess. With knowledge you are able to predict what the next moves of the players white(bulls) and black(bears). And your job is to join the winning side ......
In chess nothing is hidden from your sight whereas in gambling noth...

priceactionabin replied to Prithviraj Kajave's post

priceactionabin

• Aug 2, 2024 11:46 AM

1.To learn golf you have to play golf,  to learn basket ball then you have to play basketball often.... So to learn trading and to become an expert in trading you have to take more trades. Remember the goal in the initial days is not to gain big profits but to learn and become co...

priceactionabin

• Jun 6, 2024 11:53 PM

My thoughts for beginers......

Trading is all about expected probabilities, and you should know the...read more

priceactionabin replied to John's post

priceactionabin

• Jun 6, 2024 2:34 PM

Steve nison's this book is considered as the Bible of candle stick analysis. Steve nison is the person who implemented candle sticks in financial trading from Japanese rice traders.....

priceactionabin replied to Lucky's post

priceactionabin

• May 29, 2024 1:47 PM

for coromondal, it's probably a 2nd leg trap and it's in a sell zone. 75 percentage of down and only 25 percent up move.trade accordingly....

priceactionabin replied to Sharma's comment

priceactionabin

• May 29, 2024 1:45 PM

@sharma500 yes it will work,market discounts everything
.... for coromondal, it's a 2nd leg trap and it's in a sell zone. 75 percentage of down and 25 percent up move.

priceactionabin replied to Sai Subham Sahoo's post

priceactionabin

• May 13, 2024 4:27 PM

yes you can trade, but only to lose money......

priceactionabin replied to own comment

priceactionabin

• Mar 31, 2024 1:19 PM

@sidd8380 just checked the monthly chart, but the context is a trading range, just a closure is not enough,good  follow through bar is what needed, but in a trading range 80% breakouts fail,another thing I noted in monthly is,it's made wedge top and currently trying to breakout a...

priceactionabin replied to Souvik's post

priceactionabin

• Mar 29, 2024 3:59 PM

only 25% chance of successful breakout.....with in 5 bars it may reverse...... Top of a channel is a sell zone ...

priceactionabin replied to Aniket Maurya's comment

priceactionabin

• Mar 13, 2024 2:00 PM

less probability trade..... its a bull  trap, has not broken the channel ,  one more leg down expected

priceactionabin replied to Suyash Sable's comment

priceactionabin

• Mar 3, 2024 7:22 PM

@suyashsable once it's breaks the neckline then only sellers will be entered ... currently in a big trading range.... Now buy low sell high scalp mode....

priceactionabin replied to Ayush Anand Srivastava's post

priceactionabin

• Mar 3, 2024 7:18 PM

be cautious....it's a  bear flag....

priceactionabin replied to Jeevesh's post

priceactionabin

• Mar 3, 2024 2:20 PM

can be entered in a scalping mode, there is a 60 % chance for a trend reversal by bears on the move upwards when testing the previous high or even before that because bears has already formed the MAG(moving average gap) bar. so if the bears succeed in reversal,buying pressure wil...

priceactionabin replied to Price Action Trading's post

priceactionabin

• Oct 18, 2023 2:00 AM

Seeing a buying pressure and probably go up

priceactionabin replied to Arun Aravind's comment

priceactionabin

• Oct 18, 2023 12:48 AM

@69696979 falling wedge

priceactionabin replied to Chetan's comment

priceactionabin

• Sep 2, 2023 5:02 PM

Position sizing is important even in small capital.

priceactionabin replied to Vikram Kumar's post

priceactionabin

• Sep 1, 2023 8:51 PM

Rising wedge which is expected to be breakdown...so it is a bearish after the break

priceactionabin replied to Smc Trader's post

priceactionabin

• Aug 19, 2023 10:02 PM

It's a Flag

priceactionabin replied to Vikram Kumar's post

priceactionabin

• Aug 14, 2023 12:05 AM

This is an rising wedge and is a bearish pattern. Cannot considered as flag and pole because the pole is formed but the ideal flag should be pointing slightly downwards.(correction). If it is pointing up like this it is less chance it will break upside.

priceactionabin replied to Devbrath's comment

priceactionabin

• Aug 8, 2023 3:44 AM

@devbraths for knowledgeable there is opportunity everywhere....

priceactionabin

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