How to analyse trading in 5 minutes
As the post title shows, breakout trading strategy. Something to break and a result will come in this post. We find something to break and a result will come in this post. We find some interesting clues that help trade in the early hours of the market. Open Smart Trading depends on tricks and techniques first.
Market sentiment is also a part of trading A retail investor has to understand how
a big player strategizes to start the trade of a retail trader. Knowing the basics of market sentiment, retail investors have a small amount to trade, but they fail to analyze the big trader flow and all the money. To ensure safe trading, retail investors understand all the tactics of big players.
Three critical aspects of required market sentiment are.
1) Range shift
2) Range extension
3) Extremes
1) Range shift -Range shift means movement of the market to one side. Upper down Range shift indicates the overall impact of the big player on the market.
If today’s Range is moved upside-down as compared to the previous day’s Range, then we can make it positive. When today’s Range is moved down from the previous range is called a market decline. If today’s Range is the same as the previous day’s Range, we call it neutral.
2) Range extension-> Range extension is always extended by big players. In the hour of market opening, one hour of the market shift one side, either upside or downside, big players wait for this one hour.
3)Extreme-Extreme means when the market breaks out on one side, breaks day’s high or low, and shifts to the other side, that is called extreme.