Let me add that 10 period Bollinger band 1SD, was extensively back tested at MIT by David Elliott about 30 years ago. When price is riding/repeatedly penetrating upper such band THE TREND IS UP IF THE BAND IS HEADED UP AS WELL (this holds true on any time frame chart--5 minute/15M/1H/4H/D/W etc.--direction changes when in that band price rides the lower 1 SD band. INSIDE 1 SD band (10 period) all movements are market noise--and trend RESIDES OUTSIDE that band. If price is riding 1SD band on MTF(say 5M,15 M,1H) simultaneously, you can be sure you are doing the right thing by buying. Martinelli also did work on this noise band. Longer trend can be easily checked by whether 50 period MA is above or below 100 period MA. Comments are welcome.
@FortuneTalks Hello really like the strategies with Bollinger Bands. How do you determine when you trade Mean Reversion and when Trend Setup, because of i've found there bands expand even if range market and trend as well. So when probability is higher to trend from MA when trade back from the bands. Thx
Sir can you advise a few indicators to use for nifty intraday trading ? I use technical analysis and chat patters but need a few indicators to know for sure about nifty intraday for extra confirmation...
Price action course full Playlist:
ruclips.net/p/PLU9f1fTtAn5oZxHxZVa50-myUJfohUGt9
Chart patterns Course Playlist:
ruclips.net/p/PLU9f1fTtAn5rCgq2tCbpaJkEru3bzxF7x
Supply & Demand Course Playlist:
ruclips.net/p/PLU9f1fTtAn5qSOuwkc5PT0STeLF0mW8Ur
Technical Trading Playlist:
ruclips.net/p/PLU9f1fTtAn5r0om7hq7nhRs45kzSBZMcl
Open an account with My Brokers:
Zerodha : bit.ly/3IyZF4h
Finvasia Shoonya (Zero brokerage) : bit.ly/3CuZfIk
My Money Apps:
Zerodha Coin (SIP) : bit.ly/3WbA9W9
INDmoney (US stocks) : bit.ly/3GR8FRd
Smallcase (All weather investing) : bit.ly/3CA7suW
My Gadgets:
My laptop - amzn.to/3jZhlMc
My chair - amzn.to/3WWZswc
My Microphone - amzn.to/3VWGWCR
My Trading Journal - amzn.to/3iidYjb
Useful Book Links:
20 Favorite Finance & Self Help books - bit.ly/3Ze1R78
My favorite Trading Books - bit.ly/3Qrlox0
My Trading Favorites:
For Options Paper Trading - neostox.com/sign-up?m3=8e7087e66b42
For Investing (Screener) - www.screener.in/
For finance news & Updates - www.moneycontrol.com/
My online presence:
RUclips(English) - ruclips.net/user/FortuneTalks
RUclips(Hindi) - ruclips.net/channel/UCtL3HNi_QbOMUKjX00sENzw
Instagram - instagram.com/fortunetalks/
Let me add that 10 period Bollinger band 1SD, was extensively back tested at MIT by David Elliott about 30 years ago. When price is riding/repeatedly penetrating upper such band THE TREND IS UP IF THE BAND IS HEADED UP AS WELL (this holds true on any time frame chart--5 minute/15M/1H/4H/D/W etc.--direction changes when in that band price rides the lower 1 SD band. INSIDE 1 SD band (10 period) all movements are market noise--and trend RESIDES OUTSIDE that band. If price is riding 1SD band on MTF(say 5M,15 M,1H) simultaneously, you can be sure you are doing the right thing by buying. Martinelli also did work on this noise band. Longer trend can be easily checked by whether 50 period MA is above or below 100 period MA. Comments are welcome.
I made notes of every single video of this channel ❤
Most underrated trading channel 😢
You deserve more and more sir ❤️❤️
Show some love. Share the videos. Spread the word❤️
Thanks Navaneeth sir, 🙏🤩
THANK U DEAR.................................
LOVE U :)
@FortuneTalks Hello really like the strategies with Bollinger Bands. How do you determine when you trade Mean Reversion and when Trend Setup, because of i've found there bands expand even if range market and trend as well. So when probability is higher to trend from MA when trade back from the bands. Thx
Sir can you advise a few indicators to use for nifty intraday trading ? I use technical analysis and chat patters but need a few indicators to know for sure about nifty intraday for extra confirmation...
Thanks Sir Jee
Thanks man
Thanks
❤🎉
Why doesn't this video have subtitles?
i want english subttles
Thanks