
Learn a weekly, price action based positional trading method using non-fibonacci retracements, with strict risk-reward, partial profit bookings, and liquidity-focused stock scanning.
Set up the chart on a weekly time frame with high energy candles to reduce noise, and look for two green candles followed by one red to guide trades.
Identify two green candles followed by a red candle as reference candle on a weekly high-energy chart, then buy above its high; place stop below its low; target the range.
Apply a weekly retracement strategy using two green candles and a red reference candle to time buys within four weeks, with targets equal to the reference candle's range.
Learn entry examples in retracement (non-fibonacci) based positional trading by using reference candles, green, green, and red patterns, with buy entries, stop losses, and exit rules.
Explain how high energy candles differ from normal candles, including upper wick presence, high comparisons, and when to place buys above the higher high; note SBI stop-loss examples.
Fine-tune entries by favoring small reference candles after two green candles to reduce stop-loss risk. Be conservative with doji candles and adjust quantity when higher high–higher low patterns confirm setup.
Master the charting stock scanner to identify formations in the Nifty 50, run scans after Friday close, and buy above the high of the red candle, with prudent stop losses.
Conclude your study of positional trading with this final chapter and stay connected for questions; discover intraday trading via Fibonacci fans for Nifty options and intraday stocks.
intraday trading with fibonacci fans targets nifty 50 and bank nifty options and select equities like SBI, teaching fan drawing, trade opportunities, and risk-reward setups.
Thank you for your interest in this Positional Trading course.
It is assumed that the learner has basic knowledge of stock market since this course will straight away focus on the core strategy part.
This is a Positional trading technique aimed to generate consistent results on a average position holding period of 2 months.
Although the course content is oriented on stocks in Indian stock market, this strategy can be implemented exceptionally well on any script through any exchange with adequate liquidity.
This Positional trading course is purely based on a lethal combination of a Non-Typical Retracement Technique and powerful Price Action methodology.
No Indicator Trading: I personally am not in favor of using any of the technical indicators at all. Hence none of my developed strategies make use of any technical indicators.
We will not waste your time and efforts in drooling over the theoretical concepts of stock market. I leave it to the more learned people in this industry.
Course includes detail explanation of the methodology used for stock selection, with the help of a free and accurate scanner which will fetch stocks for you which are ready to be ignited.
Execution will be further more seamless with lesser intervention if your broker offers GTT type orders for enty and exits. Detailed methodology is outlined in the course with numerous case studies.
Best wishes in your trading journey here onwards.