Copyright © 2023 SADANAND KUMAR. All rights reserved. No part of this e-Book may be reproduced, stored, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise, without the prior written permission of the author. This e-book is provided for informational purposes only. The information contained in this e-book is the opinion of the author and not to be construed as financial advice or guidance. The author makes no warranties of any kind, express or implied, about the completeness or accuracy of the information contained in this e-book. All readers should seek professional advice before making any decisions related to their financial investments or trading decisions. The author shall not be liable for any losses or damages incurred as a result of the information provided in this e-book. I am not a SEBI Registered Analyst or Investment Advisor. All information provided on this website and e-book is purely for educational and informational purposes only and should not be considered as investment advice. Please consult a financial advisor before making any investment decisions. Introduction Trading is the process of buying and selling goods or services in exchange for money. It is an integral part of the global economy and can be found in almost any country. Trading can be done in a variety of ways, from physical trading in a marketplace to online trading. This e-book will explain the basics of trading, how to get started, and how to become a successful trader. The Basics of Trading The goal of trading is to buy low and sell high. This means that you are trying to buy goods or services for a lower price than what you plan to sell them for. This is done in order to make a profit. Traders will often look for price discrepancies between different markets or different goods and services to take advantage of. In order to make money in trading, you need to understand the fundamentals of the market. This includes understanding supply and demand, market trends, and the different types of orders you can place. It is also important to have an understanding of pricing strategies and how to read charts and analyse data. Getting Started The first step in getting started with trading is to understand the different types of markets and instruments available to you. This includes stocks, bonds, commodities, derivatives, and cryptocurrencies. Each of these markets have their own set of rules and regulations, so it is important to research and understand the different markets before getting started. Once you have a better understanding of the markets, you can start researching different trading strategies and techniques. This can involve researching different types of orders, such as limit orders, stop-loss orders, or market orders. It is also important to understand the risks associated with trading and how to manage these risks. Finally, it is important to find a broker or platform to trade with. This can be an online platform or a physical broker. It is important to do your research and find a broker or platform that is reliable, secure, and trustworthy. Becoming a Successful Trader Becoming a successful trader takes time, dedication, and patience. It is important to understand the basics of trading and to practice your skills before investing real money. It is also important to have a plan and stick to it. This means that you should have an idea of what you want to achieve with trading and how you plan to achieve it. It is also important to stay up to date on the markets and to have a good risk management strategy. This means understanding the risks associated with trading and how to manage them. Finally, it is important to have a good trading system and to track your progress. This will help you identify any mistakes that you may be making and make adjustments accordingly. Conclusion Trading can be a lucrative and rewarding activity, but it is important to understand the basics before getting started. This e-book has provided an introduction to trading, how to take trade with price action patterns, and how to become a successful trader. It is important to do your research, understand the markets, and practice your skills before investing real money. With dedication and patience, you can become a successful trader Open Your Demat Account Table of Contents Introduction 1. 2. 3. 4. 5. INTRODUCTION OPTION STRATEGY PART 2 UPTREND STRATEGY IN DETAILS DOWNTREND STRATEGY IN DETAILS FIBO ADVANCED STRATEGY FOR BEGINNERS AND PRO TRADERS PRICE ACTION 3.0 + TEST YOUR TRADING STRATEGY BOLD WORDS: HINDI LANGUAGE NO BOLD WORDS: ENGLISH LANGUAGE OPTION STRATEGY (2) INTRODUCTION IS PART MAIN HUM YEH SIKHENGE KI ACTUALY MAIN TRAP KESE WORK KRTA HAI OR KYA TRAP SACH MAIN FASANE KE LIYE BANAYE JATE HAI MARKER MAIN. AGAR AP TRADE LETE SAMYE MARKET KA PICHALA STRUCTURE DEKHOGE TO SB CLEAR HO JAYEGA KI TRAP BNA HAI KI HUM KHUD TRAP MAIN FASS RHE HAI. In this part, we will learn how traps actually work and whether traps are created in the market to deceive traders. If you observe the previous market structure while taking a trade, it will become clear whether a trap has been set or if we are falling into the trap ourselves. PATTERN KIO FAIL HOTA HAI OR KONSE TIME FRAME MAIN JYADA PATTERN FAIL HO JOTE HAI JO KI KAAM NHI KRTA HAI NICHE APKO DETAIL MAIN ISKME BAARE MAIN JANKARI MIL JAYEGI. . Why do patterns fail and in which time frame do patterns fail more often, which does not work? Below, you will find detailed information on this topic 1. Market unpredictability: Patterns are based on historical data and trends, but the market can be unpredictable, leading to pattern failures. 2. False signals: Patterns can sometimes generate false signals, leading to incorrect predictions or trades. 3. Changing market conditions: Market conditions can change, rendering previously successful patterns ineffective. 4. Low probability: Some patterns have a low probability of success, making them more likely to fail. DOUBLE TOP PATTERN STRATEGY JESE YEHA PR DOUBLE TOP PATTERN BANA HAI. JRURI YEH HOTA HAI KI YEH TOP PR BANE TB YEH JYADA EFFECTIVE HOTA HAI. Like here a double top pattern has been formed. It is important that this pattern is formed at the top for it to be more effective. YEH STRATEGY BHUT POWERFULL HAI, YEH METHOD HMESHA UPTREND MAIN KAAM KRTA HAI MID RANGE MAIN NHI. This strategy is very powerful, it always works in an uptrend but not in the mid-range. IS TARAF KE MARKET MAIN DOUBLE TOP PATTERN BAHUT RARE KAAM KRTA HAI. In this type of market, the double top pattern works very rarely. YEHA EK HOR EXAMPLE HAI DOUBLE TOP PATTERN KA AGAR BREAKDOWN DEKE RETEST NA DE TO KESE TRADE LE OR RETEST PR KESE TRADE LETE HAI. SBSE PHELE APKO YEH JRUR PATA HONA CHAYIE KI RETEST OR BREADOWN MAIN TRADE KESE LETE HAI. MAIN EXAMPLE DIKHA DETA HU KESE TRADE LENA HAI OR JAB RETEST MARKET NA DE TO US SAMYE KESE TRADE LENA HAI NHI SB EXAMPLA MAIN DIKHA DE RHA HU. In order to trade the double top pattern, it is important to understand how to enter trades on both the breakdown and retest. Here's an example to demonstrate how to enter trades and what to do when the market does not provide a retest. Let's say we have identified a double top pattern on a stock. The first step is to wait for a breakdown below the neckline of the pattern. Once the breakdown occurs, we can enter a short trade with a stop loss above the highest point of the double top. If the market provides a retest of the broken neckline, we can look for a retest entry. This means waiting for the price to come back up to the neckline and then showing signs of rejection or bearish confirmation. This could be in the form of a bearish candlestick pattern, a lower high, or a decrease in volume. Once we have confirmation of the retest rejection, we can enter a short trade with a stop loss above the retest high. However, there may be instances where the market does not provide a retest. In such cases, we can still enter a short trade based on the breakdown signal alone. This means entering the trade as soon as the price breaks below the neckline, without waiting for a retest. In this scenario, we would still place a stop loss above the highest point of the double top. It's important to note that trading patterns like the double top requires careful analysis, risk management, and consideration of other factors such as market conditions and trend strength. It is recommended to practice and gain experience before implementing such strategies in live trading. RETEST ENTRY JB PATTERN KA BREAKDOWN HO EXAMPLE JESE KE FIRST RED CANDLE NE BREAKDOWN DIYA HAI PR SECOND CANDLE FIRST CANDLE KE NICHE CLOSE NAHI HUYA HAI TO ESE SITUATION MAIN HME INTZAAR KRNA CHAYIE RETEST KA NAHI TO JITNA HO SKE TRADE MAIN ENTRY KRNA AVOIDE KRO. When there is a breakdown in the pattern, for example, if the first red candle gives a breakdown, but the second candle does not close below the low of the first candle, it is advisable to wait for a retest in such a situation. If there is no retest, it is best to avoid entering the trade as much as possible. WITHOUT RETEST ENTRY IS STRATEGY MAIN AGAR BREAKDOWN WALE CANDLE KO DUSRA CANDLE SUCCESFULL NICHE CLOSE DE DE TO BINA RETEST KE ENTRY LE SKTE HAI ISKA EK DISADVANTAGE YEH KI ISME THODA SA BADA STOPLOSS LGTA HAI JAB KI RETEST WALE CONCEPT MAIN CHOTA STOPLOSS LAGTA HAI. In this strategy, if the second candle successfully closes below the low of the breakdown candle, you can enter the trade without waiting for a retest. One disadvantage of this approach is that it may require a slightly larger stop loss compared to the retest concept, where a smaller stop loss is typically used. YEH STRATEGY SB PATTERN MAIN KAAM KRTA HAI. This strategy works in all patterns. DOUBLE BOTTOM PATTERN STRATEGY YEHA PR DEKHO STRAIGHT BUYING PRESSURE THA JISKE KARN MARKET NICHE KI TARAF FALL KRNE LAGA. YEH PR DEKHO NICHE DOUBLE BOTTOM PATTERN BNA HAI. JO NICHE A KE HI BNA HAI. YEHA PR IS PATTERN KI SUCCESS PROBABILTY BHUT HIGH HAI. AGAR YEHI PATTERN MID MAIN BANA HOTA TO ISKI SUCCESS KI PROBILITY BHUT KM HAI LIKE 50 – 50 look at this, there was strong buying pressure here, which caused the market to start falling downwards. look here, there is a double bottom pattern formed below. this pattern has formed only below. here, the success probability of this pattern is very high. if this pattern had formed in the middle, the success probability would have been very low, like 50-50. YEHA PR CONFIRMATION MILA HAI TRENDLINE BREAKOUT + SWING BREAKOUT + DOUBLE BOTTOM PATTERN YESI OPPORTUNITY KO MISS MT KIYA KRO PR FIR KUCH NEW TRADER YEHA PR GLTI KR JATE HAI. here, we have received confirmation of a trendline breakout + swing breakout + double bottom pattern. do not miss such opportunities, but some new traders make mistakes here. KUCH NEW TRADER YEH GALTI KR JATE HAI KI BAHUT CHOTTA STOPLOSS LGA DETE HAI JISKE KARAN UNKA STOPLOSS HIT HO JATA HAI . JB KI UNKA TRADE SETUP BILKUL THEEK HOTA HAI. some new traders make the mistake of placing a very small stop loss, which causes their stop loss to be hit. even though their trade setup is perfectly fine. SAME TRADE SMART TRADE NE BHI LIYA PR RETEST PR FIR VHI DEKHO INKA STOPLOSS CHOTTA NAHI HAI. JAB KI SIMPLE BREAKOUT MAIN STOPLOSS ALREADY BIG HOTA HAI OR RETEST TRADE SETUP MAIN STOPLOSS CHOTTA HOTA HAI PR FIR BHI HME STOPLOSS BUFFER DE KE LAGANA CHAHIYE. smart trade also took the same trade, but look at it again on the retest, their stop loss is not small. while in a simple breakout, the stop loss is already big, in a retest trade setup, the stop loss is smaller, but still, we should place a stop loss buffer. WITHOUT BUFFER SL WITH BUFFER SL ANOTHER EXAMPLE OF TRENDLINE BREAKOUT + EMA 44 YEHA PR SELLING ANEE KE BAAD BILKUL BOTTOM PR HI PATTER BNA HAI JISKI ACCURACY BHUT JYADA HOTI HAI SATH MAIN YEHA PR CONFIRMATION KE LIYE EMA 44 INDICATOR KO USE KRENGE. here, after the selling, the pattern has formed right at the bottom, which has a high accuracy. we will also use the ema 44 indicator for confirmation here. HOW TO FIND INDICATOR GOOGLE PR SERCH KRE TRADINGVIEW.COM JESE WEBSITE OPEN HO JAYEGA APKO UPER KI OR EK OPTION DIKHEGA JISKA NAAM INDICATOR HOGA BS UP PR CLICK KRNA HAI FIR SEARCH KRNA EMA JESE HI SEARCH KROGE APKO EMA INDICATOR MILL JAYEGA. FIR IINDICATOR MAIN KUCH DHORE SE CHANGE KRNA HAI VALUE KO LIKE THIS search on google and open a website like tradingview.com. you will see an option at the top called "indicator". simply click on it and then search for the ema indicator. you will find the ema indicator. then, make some changes to the values in the indicator like this. DEFAULT SETTING CHANGES SETTING AB IS INDICATOR KO USE KESE KRNA HAI JAB MARKET EMA KO NICHE SE UPAR KI OR CROSS KRE OR BULLISH CANDLE BNAYE THEN BUY POSITION BNANA HAI OR JAB MARKET EMA KO UPAR SE NICHE KI OR CROSS KRE OR BEARISH CANDLE BNAYE TB SELL KA POSITION LENA HAI. now, how to use this indicator? when the market crosses the ema from below and forms a bullish candle, you should enter a buy position. on the other hand, when the market crosses the ema from above and forms a bearish candle, you should enter a sell position. EXAMPLE: DOWN TRADE CONCEPT UP TRADE CONCEPT DYAAN RAKHE KI AP SIFR INDICATOR PE DEPENT MT HONA. INDICATOR KO CONFIRMATION KE TRADE LENE KE LIYE USE KIYA JATA HAI NA KI SIRF INDICATOR KE BASE PR TRADE LENA. keep in mind that you should not rely solely on one indicator. indicators are used for confirmation purposes to take trades, not to trade solely based on indicators. YEHA PR BAHUT ACHA ENTRY OPPORTUNITY HAI PR VHI MARKET KE SWING KO DEKHA CHAHYIE LIKE THIS here, there is a very good entry opportunity, but you should also observe the market's swing like this. SWING TRADE CONCEPT IS SETUP MAIN TRADE LENA THODA RISKY HOTA HAI KIOKI IS SETUP MAIN BAHUT BAARI FAKE BREAKOUT MILTA HAI IS LIYE AGAR IS SETUP MAIN TRADE LETE HO TO CONFIRMATION JRUR HONA CHAHYIE KI YEH REAL BREAKOUT HAI. taking a trade in this setup can be a bit risky because there are many fake breakouts in this setup. therefore, if you take a trade in this setup, it is important to have confirmation that it is a real breakout. IS SETUP MAIN SIMPLE TRANDLINE OR SWING DONO KA BREAKOUT HOTA HAI JISSE YEH PATA CHALTA HAI KI AB MARKET BUYERS KE CONTROL MAIN HAI. IS SETUP MAIN RISK THODA HOTA HAI KIOKI ISME HME BAHUT SARE CONFIRMATION MILTE HAI. in this setup, there is a breakout of both the simple trendline and swing, which indicates that the market is now under the control of buyers. there is a slightly higher risk in this setup because we receive many confirmations. CONCLUSION YEH METHOD SB BOTTOM PATTERN PR WORK KRTA HAI JESE KI DOUBLE BOTTOM PATTERN, TRAIPLE BOTTOM PATTERN INVERTED HEAD SHOULDER PATTERN AND RISING WEDGE PATTERN. this method works on all bottom patterns such as double bottom pattern, triple bottom pattern, inverted head and shoulders pattern, and rising wedge pattern. FIBO ADVANCED STRATEGY INTODUCTION ABOUT FIBO SBSE PHEL YEH SMJHO FIBO JISKO FIBONACCI KEHTE HAI ISKO IS LIYE USE KIYA JATA HAI KI MAREKT MAIN KITNE PERCENTAGE PEOPLE KA STOLOSS HIT NHI HUYA HAI. JESE KI EK EXAMPLE DETA HU AGAR APKE 100 RUPESS KA SHARE HAI OR USKA PRICE 200 RUPEES INCREASE HO GYA OR AB AP 100 RUPEES KE PROFIT MAIN HO OR AB APNI POSITION KO HOLD KR RHE HO OR JYADA PROFIT KRNE KE LIYE PR THODE DR MAIN PROFIT APKA KM HO KE 130 PE CHALA GYA . JAHA PR PHELE APKO 100 KA PROFIT HO RHA THA OR BHI AB KO 30 KA PROFIT HO RHA HAI. AB AP YEH 30 RUPEES KA PROFIT LE KE MARKET SE EXIT KR JAOGE IS DAAR SE KI YEH 30 RUPEES KA PROFIT BHI KAHI CHAL NA JAYE. First of all, understand the Fibonacci sequence, which is used in the market to determine the percentage of people who have not experienced a loss. Let me give you an example: Suppose you own a share worth 100 rupees, and its price increases to 200 rupees. Now, you are in a position to profit from the 100 rupees. However, in order to maximize your profit, you decide to hold it a bit longer, but unfortunately, the profit decreases to 130 rupees. Initially, you had a profit of 100 rupees, but now it has reduced to 30 rupees. At this point, you decide to exit the market, fearing that even this 30 rupees of profit might disappear elsewhere. FIBO KE HELP SE 2 ESE STRATEGY APKE SATH SHARE KRUNGA JISKI ACCURACY 80 TO 90% HAI. IS STRATEGY KO FOLLOW KRNE KE LIYE RISK MANAGAMENT BAHUT BAHUT JARURI HAI AGAR AP IS STRATEGY MAIN RISK MANAGEMENT KO FOLLOW NAHI KROGE TO APKA CAPITAL ZERO BHI HO SKTA HAI. AGAR AP PROPER RISK MANAGEMENT FOLLOW KRTE HO TO 10 MAIN SE 8 TRADE APKE BILKUL THEEK JAYENGE . SBSE PHELE YEH TOOL APKO SARE TRADING PLATFORM PR FREE OF COST MIL JAYEGA MAIN IS TOOL KI SETTING SHARE KR DETA HU JO KI APKO APNE DEFUALT FIBO TOOL MAIN SETTING KARNI HAI. I will share with you two strategies using Fibonacci, which have an accuracy rate of 80 to 90%. It is crucial to follow risk management when implementing these strategies, as failure to do so could result in the loss of your capital. If you properly follow risk management, 8 out of 10 trades will be successful. Firstly, this tool is available for free on all trading platforms. I will share the settings for this tool, which you need to configure in your default Fibonacci tool. SAME APKO YEH SETTING APKO APNE DEFAULT FIBO TOOL MAIN APPLY KRNA HAI. STRATEGY EXPLAIN KRNE SE PHELE MAIN APKO YEH APKO SIKHA DETA HU KI STOPLOSS KESE PATA KRE OR FIB TOOL KI HELP SE , STOPLOSS HUNT KI HELP SE HI HUM TRADE LENGE. You need to apply these settings in your default Fibonacci tool. Before explaining the strategy, let me teach you how to determine the stop loss using the Fibonacci tool. We will take trades based on stop loss hunting with the help of the Fibonacci tool. YEH JO SETUP DEKH RHE HO ISME YEH EXPLAIN KRNE KI KOSHISH KI GAYI HAI KI KESE SB MOMENT MAIN BUYER OR SELLER KO TRADE SE NIKAL DIYA JATA HAI. MATLAB 70% SE JYADA TRADERS KA SIRF STOPLOSS HUNTING HI KI JATI HAI. IS 50-60 AND 70% KE LEVELS SE HUM STOLOSS HUNTING MAIN TRADE LETE HAI. JISME SIRF HUM HI NHI OPERATORS VHI ENTRY KRTE HAI. HMKO OPERATORS KI MOVES KO FOLLOW KRNA HAI NA KI RETAILERS KO. ISME APKO 2 TARAH KE METHODE SIKHAUNGA KI DOWNTREND OR UPTREND MAIN TRADE KESE LETE HAI FIB KI HELP SE. The setup you are observing here is an attempt to explain how buyers and sellers are forced out of trades during market movements. This means that more than 70% of traders are targeted for stop loss hunting. We take trades in stop loss hunting from the levels of 50-60% and 70%. In this strategy, not only us but also operators enter the market. We need to follow the moves of operators, not retailers. I will teach you two methods in this setup on how to take trades using Fibonacci in downtrends and uptrends. FIB SETUP IN DOWNTREND YEHA PR DEKHO PEHLE SHORTS PE WALE PORFIT MAIN THHE OR MARKET NICHE SUSTAIN KRKE UPAR GYA 50 TO 60% LEVEL TK FIR NICHE AGYA ISSE HME HME YEH PATA CHAL RHA KI ADHE SE JAYDA SHORT PE WALE TRADER APNA POSITION NIKAL DIYA HAI. JB SHORTS WALE NIKL RHE THE TB BUYER CE WALE UPAR KI OR JA RHE THE AB BUYERS PROFIT MAIN MARKET AB NICHE BUYERS KA STOPLOSS HIT KRNE NICHE AYA 50-60% LEVEL TK FIR UPAR CHAL GYA AB ISE YEH PATA CHAL RHA HAI KI BUYERS NIKAL GYA HAI SELLERS KA POSITION LG CHUKA HAI OR UNKE STOPLOSS UPAR KI TARAF HAI. Here, you can see that initially, the profits were in favor of the shorts, and the market sustained downwards until it reached the 50 to 60% level. Then it went down again, indicating that more than half of the short traders have exited their positions. When the short traders were exiting, the buyers were moving upwards. Now, as the market is in profit for the buyers, it is coming down again, hitting the stop loss of the buyers towards the 50-60% level, and then moving upwards. This indicates that the buyers have exited, the sellers have taken their positions, and their stop loss is above. JAHA SE MARKET GIR RHA HAI BHA SE FIB TOOL KO USE KRNA JHA TK MAREKT GIRA HAI OR SUSTAIN KR RHA HAI LIKE THIS. From here, as the market is falling, we will use the Fibonacci tool where the market has dropped and sustained. YEH STRATEGY SIRF DOWNTREND MAIN HI KAAM KRTA HAI ISKI JYDA ACCURACY DOWNTREND TRADE SETUP MAIN HOTA HAI. IS STRATEGY KO AP SABHI MARKETS MAIN USE KR SKTE HO JESE KI FOREX, STOCK MARKET AND CRYPTO.. IS STRATEGY HUM OPERATORS KE SATH HI ENTRY KRTE HAI KOI OPERATORS SL HUNTING KRTE HAI OR HUM OPERATORS KE MOVES KO FOLLOW KRTE HAI JISKA RESULT 80-90% PROFIT MAIN LANDING KRTA HAI TRADE. This strategy only works in a downtrend, and its accuracy is higher in a downtrend trade setup. You can use this strategy in all markets such as forex, stock market, and cryptocurrency. In this strategy, we enter the market along with the operators. Some operators engage in stop loss hunting, and we follow the moves of these operators, resulting in a landing of 80-90% profit in the trade. YEHA PR DEKHO DOUBLE BOTTOM PATTERN SE TRAP KIYA GYA OR BAHUT BADA RED CANDLE BANA DIYA YEH CANDLE OPRATORS OR BIG PLAYERS KE HOTE HAI ESSE CANDLE . YESE BADE BADE CANDLE JYADA TR STOPLOSS HUNTING KRNE KE LIYE HI BNAYE JATE HAI. CHALTI HUYI TRADE MAIN BILKUL VHI ENTRY NA KRO KOIKI ESE CANDLE MAIN PROFIT BOOKING BAHUT TEZZI SE ATTI HAI IS LIYE ISME HUM 50-60 % PROFIT BOOKING OR STOPLOSS HUNTING KA INTZAAR KRTE HAI. YEH PATTERN KIO FAIL HO GYA ALREADY MENE START MAIN YEH SB BATA DIYA THA KI KAHA PR PATTERN KAAM KRTA HAI OR KAHA NHI KRTA HAI.. Here, you can see that the double bottom pattern was trapped, and a very large red candle was formed. These candles are created by operators or big players. Such large candles are often created to target stop loss hunting. In an ongoing trade, do not enter at that moment because profit booking happens very quickly in such candles. Therefore, in this case, we wait for 50-60% profit booking or stop loss hunting. This pattern failed because I already mentioned at the beginning where the pattern works and where it doesn't work. FIB SETUP IN UPTREND UPTREND MARKET MAIN BILKUL ULTA HOTA HAI DOWNTREND KE . DOWNTREND MAIN HUM UPAR SE NICHE FIB KO DRAW KRKE LEVELS FIND KRTE HAI JB KI UPTREND MAIN NICHE SE UPPAR FIB KO DRAW KRKE LEVELSL KO FIND KRTE HAI. IS STRATEGY MAIN PSYCHOLOGY YEH HOTHI HAI KI BUYERS NICHE SE HI PROFIT MAIN HOTE HAI MAREKT UNKA STOPLOSS HUNT KRNE KE LIYE OR UNKA PROFIT KM KRNE KE LIYE NICHE ATTI HAI JB MARKET UNKE STOPLOSS HIT KRKE BAPAS UPAR JANE LAGATA HAI TO HUM BHI SATH MAIN TRADE LE KE UPAAR KI MOVEMENT KO CAPTURE KRTE HAI. APNE YEH JARUR SUNA HOGA TREND IS YOUR FRIEND In an uptrend market, things are completely opposite to a downtrend. In a downtrend, we draw Fibonacci levels from top to bottom to find levels, while in an uptrend, we draw Fibonacci levels from bottom to top to find levels. The psychology behind this strategy is that buyers are able to make profits from the bottom, as the market comes down to hit their stop loss and reduce their profits. When the market starts moving back up after hitting their stop loss, we also enter a trade to capture the upward movement. You must have heard the saying, 'Trend is your friend' JESE MENE ALREADY APKO BATA DIYA THA KI MARKET DOWNTREND HO YA UPTREND SBKA YA TO PROFIT KM KR DETA HAI YA TO UNKA STOPLOSS HIT KR DETA HAI FIR APNE TREND KO CONTINUE KRTE HAI. IMPORTANT : AGAR MARKET UPTREND MAIN HO OR FIB STRATEGY KO USE KR RHE HO AGAR MARKET FIB KE 0.7 KE NICEH SUCCESFULL RED CANDLE CLOSE KR DE YE 1 LEVEL SE NICHE TRADE KRNE LG JAYE TB SAMJH MAIN JAYE KI AB TREND PURA CHANGE HONE WALA HAI. SAME DOWNTREND MAIN VHI YESA HOTA HAI. AGAR AP DOWNTREND MAIN IS STRATEGY KO USE KR RHE HO TO JAB MARKET 0.7 KE UPAR SUCCESFULL GREEN CANDLE KI CLOSING DE DE YA 1 KE UPAR MARKET SUSTAIN KRNE LG JAYE OT BAHUT JAYDA CHANCE HOTA HAI KI MARKET KA TREND CHANGE HONE WALA HAI. As I already mentioned, whether the market is in a downtrend or uptrend, it either reduces profits or hits stop losses and then continues the trend. IMPORTANT: If the market is in an uptrend and you are using the Fibonacci strategy, if the market successfully closes a red candle below the 0.7 Fibonacci level, it indicates that it may start trading below the 1 level, indicating a potential change in the trend. The same applies to a downtrend. If you are using this strategy in a downtrend, when the market successfully closes a green candle above the 0.7 Fibonacci level or sustains above the 1 level, there is a high chance that the market's trend is about to change. PRICE ACTION PATTETN 3.0 PRICE ACTION PATTTERN 2.0 MAIN SIRF APNE PATTERN KE BAARE MAIN READ KIYA HOGA KI PATTERNS SE KESE TRADE LETE HAI. 3.0 MAIN PRICE ACTION KE BASE MAIN KESE TRADE LETE HAI ISKE BAARE MAIN EXPLAIN KIYA GYA HAI . ISME MOST IMPORTANT PATTERN KE BAARE MAIN EXPLAIN KIYA GYA HAI JISE MAIN PERSONALY USE KRTA HU JO SABHI MARKET MAIN KAAM KRTI HAI. In Price Action Pattern 2.0, you have only read about your own pattern and how to trade using patterns. In 3.0, it explains how to trade based on Price Action. It also explains the most important pattern that I personally use, which works in all markets. ISME PATTERN KE SATH SATH CANDLE KE COMBINATION SE KESE CONFIRMATION TRADE LETE HAI SB SIKHO KO MILEGA OR TEST YOUR TRADING PSYCHOLOGY SETUP VHI HAI. Learn how to take confirmation trades using a combination of candlesticks along with the SME pattern. This setup will help everyone learn and test their trading psychology. YEHA PR AP UP KI TRADE LOGE YA DOWN SIDE KA TRADE LOGE. AGAR AP DHYAAN SE DEKHOGE TO AP KUCH PATTERNS OR MARKET KA STRUCTURE DHEKNE KO MIL JAYEGA. Here, you will take trades in the upward direction or the downward direction. If you observe carefully, you will be able to identify certain patterns and market structure. IS PATTERN KA NAME BULLISH FLAG PATTERN HAI ISKI ACCURACY 80 TO 90 % HAI. YEHA PR JB BREAKOUT HUYA TO BAHUT TEZZI MOVEMENT A GYA TO ESE TRADE SETUP MAIN RETEST KA WAIT KRE NAHI TO TRADE JITNA HO SKE AVOIDE KRE. This pattern is called the Bullish Flag pattern and it has an accuracy of 80 to 90%. When there is a breakout in this pattern, there is often a rapid movement. In this trade setup, it is advisable to wait for a retest, otherwise, try to avoid trading as much as possible. IS PATTERN KA NAME HEAD AND SHOULDER PATTERN HAI. ISKI ACCURACY 80 TO 90 % HAI KI HAI. OR AGAR YEH PATTERN UPTREND MAIN BNE OR UPAR STRONG RESISTANCE VHI TB ISKI ACCURACY UPTO 100% HO JATI HAI. This pattern is called the Head and Shoulders pattern. Its accuracy is 80 to 90%. And if this pattern forms in an uptrend and encounters a strong resistance above, then its accuracy can go up to 100%. OPERATORS JAN BHUJ KR YEH SB PATTERN BNAYENGE TAKI NEW TRADERS IN PATTERNS MAIN ENTRY KRE. SBSE JRURI HAI KI JAB BHI AP KOI VHI PATTERN PR TRADE LETE HAI TO SBSE PHELE MARKET KA PICHLA STRUCTURE DEKH LIYA KRO JESE KI STRONG RESISTANCE , PYSCHOLOGY LEVEL AND TRENDLINE. Operators intentionally create these patterns so that new traders can enter trades based on these patterns. The most important thing is that whenever you take a trade based on any pattern, first analyze the previous market structure, such as strong resistance, psychology levels, and trendlines. YEHA PR JITNA PATTERN KA SUPPORT NHI USSE JYDA TO TRENDLINE OR DOUBLE RESISTANCE OR LOW BUYING PRESSURE SHAMIL HAI. Here, in addition to the support provided by the pattern, there is even more significance given to trendlines, double resistance, and low buying pressure . PHELE WALE IMAGE MAIN DEKHO DOUBLE BOTTOM PATTERN KA TRAP BNAYA OR RETES BHI DIYA AGAR AP PICHLE STRUCTURE KO DEKHOGE TO PATA CHALEGE MARKET STRONG RESISTANCE SE REJECTION LE KE NICHE AA RHA HAI. In the previous image, you can see that a trap was formed with the Double Bottom pattern and a retest was also done. If you observe the previous structure, you will notice that the market is experiencing rejection from a strong resistance and moving downwards. ISME HMARI KOI GALTI NAHI HOTI HAI BS HUM MARKET KA PICHLA STUCTURE KO NHI DEKHTE HAI OR TRADE LENE LGTE HAI.NATIJA STOLOSS HIT HO JATA HAI MARKET KO BLAME KRTE HAI KI KOI BHI PATTERN KAAM HI NHI KRTA HAI. In this, we don't make any mistakes, we just fail to observe the previous market structure and jump into trades. As a result, our stop loss gets hit and we blame the market, saying that no pattern works at all. AGAR AP DYAAN SE DHEKHENGE KI PATTERN KI BEECH MAIN JHA BREAKDOWN MILA USSE PHELA KA CANDLE HAI ISE HUM INDECISION CANDLE BOLTE HAI. PERSONALY YEH MERA FAVOURITE CANDLE HAI. IS CANDLE KA POWER YEH HAI KI AGAR KOI BHI CANDLE ISKE UPAR YA ISKE NICHE CLOSE DE DE TO MARKET US HI DIRECTION MAIN JANE LAG JATA HAI. REMEMEBER : YEH CANDLE SB JAGAH KAM NHI KRTA HAI YEH CANDLE JESE KI STRONG SUPPORT AREA HO YA STRONG RESISTANCE AREA HO YA KISI VHI PATTERN MAIN BNE OR TO OR TRENDLINE PR BNE TO ISKI ACCURACY 80 TO 90% HOTI HAI. If you carefully observe, before the breakdown in the middle of the pattern, there is a candle known as an indecision candle. Personally, this is my favorite candle. The power of this candle is that if any candle closes above or below it, the market trends to move in that direction. REMEMBER: This candle does not work everywhere. It works best in scenarios such as strong support or resistance areas, within patterns, or on trendlines. In these cases, its accuracy is around 80 to 90%. BADE CANDLE KE BREAKOUT BREAKDOWN PR TRADE NHI KRNA CHAHIYE. BAHUT SARE NEW TRADER IS TRAP MAIN FAS JATE HAI JIKSKE KARAN UNKA LOSS HO JATA HAI MARKET MAIN . One should not trade on the breakout or breakdown of a large candle. Many new traders fall into this trap, resulting in losses in the market. YEHA PR FIB STRATEGY USE KRENGE BIG CANDLE PR NICHE SE UPAR KI OR. Here, we will use the Fibonacci strategy to trade on the big candle from the bottom to the top. BINA BUFFER STOPLOSS KE APKA STOPLOSS HIT HONE KA BAHUT JAYADA CHANCE HOTA HAI ISLIYE JB BHI STOPLOSS LAGAYE TO THODA SA BUFFER DE KE HI STOPLOSS LAGAYE. There is a high chance of your stop loss getting hit without a buffer stop loss, so whenever you set a stop loss, always give it a little buffer. YEH CANDLE DOWNTREND, SUPPORT, BREAKOUT HONE KE BAAD CANDLE BNE OR KIS VHI PATTERN MAIN TO ISKI VHI ACCURACY 80 TO 90% HOTA HAI. After this candle forms in a downtrend, support, or breakout, and forms in the same pattern, its accuracy is typically around 80 to 90%. YEHA PR HUM 1ST SCALPING KRENGE RESISTANCE TK AGAR ISKA BREAKOUT HOGA TO HME YEHA EK PATTERN VHI DEKHNE KO MILL JAYEHA OR EK NEW ENTRY OPPORTUNITIES MIL JAYAGI, Here we will do our first scalping until the resistance level. If there is a breakout, we will look for the same pattern here and find a new entry opportunity. AGAR BINA RETEST KE TRADE LETE HAI TO STOPLOSS KO BADA RAKHAN PADATA HAI AGAR AP BINA BUFFER DIYE STOPLOSS LGAOGE TO STOPLOSS BAHIUT JALDI HIT HO JATA HAI IS LIYE AGAR BINA RETEST KE ENTRY KR RHE HO TO If we trade without a retest, we need to keep a larger stop-loss. If you place a stoploss without giving a buffer, it gets hit very quickly BAHUT SARE TRADER RETEST OR PULLBACK KA INTZAAR KRTE HAI JO KI BILKUL SAHI HAI AGAR APKO LGE KE JO BREAKOUT OR BREAKDOWN HUYA YEH FAKE TO AP RETEST OR PULLBACK KA WAIT KRE NAHI TO TRADE NA KRE . Many traders wait for a retest or pullback, which is absolutely correct. If you feel that the breakout or breakdown that occurred is fake, then wait for a retest or pullback before entering the trade. If not, then do not trade. IS METHOD KO RETEST KHA JATA HAI. This method is called a retest OR IS METHOD KO PULLBACK KHETE HAI. And this method is called a pullback. YEHA DEKHO DOUBLE TOP PATTERN BANA ISKO DEKH KR TO KOI BHI TRADE LE LEGA KHAASS KRKE NEW TRADER AGAR MAIN APKO ISKA PICHLA STRUCTURE DIKHAUNGA TO PTAA CHLEGA KI YEH DOWNTREND MAIN BNA HAI JISKI ACCURACY 40 - 50% HAI. Look, a double top pattern has formed here. Seeing this, anyone would take a trade, especially a new trader. But if I show you its previous structure, you will realize that it has formed in a downtrend, with an accuracy of 40 - 50%. IS EXAMPLE MAIN DEKHO DOUBLE BOTTOM PATTER DOWNTREND MAIN BANA HAI JISKI ACCURACY 90 TO 100% HAI. AGAR YEH PATTERN KAHI MID RANGE MAIN BANTA TO ISKI ACCURACY KAM HO JATI. In this example, look at the double bottom pattern formed in a downtrend. Its accuracy is 90 to 100%. If this pattern were to form somewhere in the mid-range, its accuracy would decrease. INCOMPLETE PATTERN BAHUT SARE NEW TRADER INCOMPLETE PATTERN PR HI TRADE LENE LAAG JATE HAI KO BAHUT GALAT HAI APKO KABHI BHI YESA NAHI KRNA CHAYIE, Many new traders start taking trades based on incomplete patterns, which is very wrong. You should never do that. YEHA PR SUCCUCFULLY BREAKOUT HUYA HAI AP YEHA PR BUYING KROGE YA SELLING KROGE? HERE IS SUCCUCFULLY BREAKOUT OF THIS PATTERN AND WOULD YOU BUY OR SELL HERE? AGAR SIMPLE BREAKOUT PR TRADE LETE HO TO APKA STOPLOSS BHI BADA HOTA HAI OR DIRECT BREAKOUT BAHUT BAAR TRAP BREAOUT BNATA HAI. IS LIYE BINA RETEST KE ENTRY MAIN JITNA HO SKE RISK KO MANAGE KRO. If you take trades based on simple breakouts, your stop loss is usually larger, and direct breakouts often turn out to be trap breakouts. Therefore, without a retest, try to manage your risk as much as possible in your entry. RETEST CONCEPT PULLBACK CONCEPT RETEST OR PULLACK BACK MAIN DIFFIRECE YEH HAI KI JAHA SE BREAKOUT OR BREAKDOWN HOTA BHA MARKET EK BAAR FIR ATA HAI LEVEL KO TEST KRNE JISE RETEST KAHA JATA HAI. PULLBACK MAIN MARKET NICHE NHI AATA HAI BREAKOUT DENE KA BAAD EK YA DO CANDLE RED BNAYEGA THEN BAPAS APNE TREND KO CONTINUE RAKHEGA. The difference between a retest and a pullback is that in a retest, the market comes back to test the level from where the breakout or breakdown occurred. In a pullback, the market does not come down after giving a breakout. It may form one or two red candles and then continue with its trend. YEHA PR SUCCUCFULLY BREAKOUT HUYA HAI AP YEHA PR BUYING KROGE YA SELLING KROGE? HERE IS SUCCUCFULLY BREAKOUT OF THIS PATTERN AND WOULD YOU BUY OR SELL HERE? BREAKOUT AGAR ACHE VOLUME KE SATH HO PR BADA CANDLE BANE TB HUM TRADE NHI LETE OR HUM YEHA PR RETEST OR PULLBACK KA WAIT KRTE HAI. AGAR ACHE VOLUME KE BREAKOUT OR BREAKDOWN MILE PR CANDLE KA SIZE 50 TO 60 % POINTS CANDLE KA SIZE HO TO HUM BINA RETEST OR PULLBACK KE VHI ENTRY KRTE HAI. If a breakout occurs with good volume but a large candle is formed, we do not take the trade and wait for a retest or pullback. If a breakout or breakdown occurs with good volume and the candle size is 50 to 60% of the previous candle's size, we take the entry without waiting for a retest or pullback. MARKET YEHA PR DOWNTREND MAIN HAI OR LOWER HIGH LOWER HIGH KA PATTERN TIYAAR KR RHA HAI. YESE MARKET MAIN HUM Jyadatr down side ka hi trade lete hai kioi trend is your friend. The market is currently in a downtrend and forming a lower high lower low pattern. In such a market, we mostly take trades on the downside because the trend is our friend. YEHA PR DESCENDING TRIANGLE PATTERN KA BREOUT HUYA HAI KYA YEHA PR DIRECT BUYING KROGE YA SELLING KROGE? Has the descending triangle pattern breakout Will you do direct buying or selling here? YES YEHA PR AP DIRECT BUYING KR SKYE HO KOIKI AGAR AP DYAAN SE DKHOGE TO APKO PATA CHALEGA KI YHA MULTIPLE CONFIRMATION BREAKOUT HUYA HAI JES TRENDLINE BREAKOUT, SWING BREAOUT , TRIPLE BOTTOM PATTERN BREEAKOUT AND DOUBLE BOTTOM PATTERN BREAKOUT. ITNA CONFIRMATION MILE TO TRADE LE LENA CHAHYIE KOI AGAR AP RISK NHI LOGE TO PROFIT VHI NAHI KR PAOGE. Yes, you can do direct buying here because if you look closely, you will see that there are multiple confirmations of a breakout. These include a trendline breakout, swing breakout, triple bottom pattern breakout, and double bottom pattern breakout. When you have so many confirmations, it is advisable to take the trade, as if you don't take risks, you won't be able to make profits. YEHA PR DEKHO BIG CANDLE BREAKDOWN HUYA. BAHUT SARE NEW ESE SETUP ENTRY KR JATE HAIY. YEH SETUP BAHUT RISKY HOTA HAI . AGAR APKO RETEST OR PULLBACK KA WAIT NHI KRNA DIRECT BREADOWN OR BREAKOUT PR ENTRY KRNA HAI TO AP CANDLE KE 50 TO 60% PR STOPLOSS LAGA DO FIR SE BATA RHA HU YEH SETUP BAHUT JYADA RISKY HOTA HAI. Look here, there has been a breakdown with a big candle. Many new traders enter such setups without waiting for a retest or pullback. This setup is very risky. If you want to enter directly on the breakdown or breakout without waiting, then place a stop loss at 50 to 60% of the candle and I am repeating again, this setup is very risky. YEHA STRATEGY ALREADY PART 1 MAIN BTAYA HUYA HAI, KI AGAR TRENDLINE BREAKOUT HONE KE BAAD KESE TRADE LETE HAI SWING OR TRENDLINE KE BASE PR. This strategy has already been explained in Part 1, where it is discussed how to trade based on swings and trendlines after a trendline breakout. IS STRATEGY MAIN HUM TRENDLINE KE BASE NHI TRADE LETE HAI JB TRENLINE KE UPAR KA SWING SUCCUSFULLY BREAKOUT HOTA HAI TB TRADE LETE HAI AGAR SWING BREAKOUT NA HO OR REJECTION CANDLE BNE YA STRONG RED CANDLE BNE TB HUM DOWN SIDE KA TRADE LETE HAI. YEH JYADA TR 5 MINUTE OR 15 MINUTE CHART FRAME MAIN HI WORK KRTA HAI. In this strategy, we do not trade based on the trendline itself. Instead, we wait for a successful breakout of the swing above the trendline to enter a trade. If the swing breakout does not occur and there is a rejection candle or a strong red candle, then we take a trade on the downside. This strategy works best on the 5-minute or 15-minute chart timeframe Open Your Demat Account