Procedure to perform price action trading

Procedure to perform price action trading

STEP WISE APPROACH TO PERFORM PROFITABLE PRICE ACTION TRADING

1 Price Action trading mein traders sirf market ke price movements par focus karte hain, as opposed to indicators ya oscillators ka istemal karte hue. Is tarah ki trading strategy mein, traders ke paas kisi bhi specific indicator ya tool ki zaroorat nahi hoti, balke woh sirf candlestick patterns, support aur resistance levels, aur trendlines ke zariye market ke behavior ko samajhte hain. Trading Strategy Yahan, mein step-wise Price Action trading strategy ko samjhata hoon: Qadam 1: Trend Ka Pata Lagaye Sab se pehle, market ke trend ko identify karein. Trend ko samajhne ke liye, chart par price movements ko dekhein aur dekhein ke market upar ya niche ja raha hai. Trend ko samajhne ke liye, higher highs aur higher lows ya lower highs aur lower lows jaise patterns ka istemal karein. Qadam 2: Support Aur Resistance Levels Talaash Karein Support aur resistance levels ka pata lagane se aap ko ye pata chalta hai ke market mein kis tarah ke price levels par zyada buying ya selling ho sakti hai. In levels ko previous price movements se identify karein. Qadam 3: Candlestick Patterns Ko Samjhein Candlestick patterns market ke sentiment aur price movements ko samajhne mein madadgar sabit ho sakte hain. Is mein popular patterns mein "doji," "engulfing," aur "hammer" shamil hain. Qadam 4: Entry Aur Exit Points Talaash Karein Jab aap trend, support aur resistance levels, aur candlestick patterns ko samajh lein, to entry aur exit points talaash karna aata hai. Entry point ko identify karne ke liye, traders normally breakout aur pullback ke moolyaankan karte hain. Qadam 5: Risk Management Ka Khayal Rakhein Trading mein risk management bahut zaroori hai. Har trade mein aap apni trading account ki ek choti si hissa ko risk kar sakte hain, taki agar trade loss mein bhi jaye to aap ka account puri tarah se khatam na ho. Qadam 6: Trade Ko Monitor Karein Jab aap ek trade enter kar lein, to use closely monitor karein. Price movements ke saath update rehne se aap ko ye pata chalega ke aap ki trade sahi direction mein ja rahi hai ya nahi. Qadam 7: Profit Book Karein Aur Learnings Nikalein Jab aap trade mein profit dekhein, to use book kar lein. Aur jab trade loss mein jaaye, to us se sikhne ki koshish karein. Har trade se aap ko kuch na kuch sikhnay ko milega. Word of Advise Price Action trading strategy use karte waqt, aap ko patience aur discipline bhi rakhni hogi. Ye strategy market ke natural movements par focus karti hai, is liye is mein market ke movements ko samjhne mein thora waqt lag sakta hai. Lekin jab aap is strategy ko sahi tareeqay se samajh jate hain, to woh aap ko effective trading results dene mein madadgar sabit ho sakti hai.