Trading Geek
Three Strong Signals for Trades with High Win Rates
I'll show you three strong signals in this blog post that can help you increase the victory percentage of your transactions. When making a trade, I keep an eye out for these indicators.

Marker No. 1: Market Structure
The one-hour time frame and the 15-minute time frame will be used as the two-time frames for this technique. While the 15-minute time window will be used for entries, the one-hour time frame will be used to define the market structure.

The market structure at this time shows an uptrend and is positive. Price is exhibiting buying pressure by hitting higher highs and lower lows. To get extra confirmation, we must wait for the price to return to a crucial level before making a deal.

We can decrease our chances of failure by exercising patience and waiting for the price to return to a crucial level rather than entering trades when the price is out of nowhere.

2nd indication: candlestick patterns
Candlestick patterns are a further indication to watch for. In this instance, a strong bearish confirmation that points to a likely reversal is what we're searching for. For instance, if a price level is broken and the price closes below it, We have the option to sell.
  
Third warning sign: Higher highs and higher lows
Greater highs and greater lows are the third warning to look out for. In an up-trending market, we aim to enter when the price retraces and establishes a higher bottom. When compared to buying when the price is rising, this offers a superior entry point.

Our chances of success can be improved by holding off on making a trade until the price forms a higher low.

Keeping this in mind, there is no assurance that every trade will be profitable. But you may improve your chances of long-term success as a trader by adopting a systematic strategy and having the patience to wait for confirmation.

Wait and be patient. Trading calls for endurance. Price recently did as expected and crossed through a support level. But before making a trade, we should wait for a change in momentum and confirmation. When we go to the 15 minutes, we notice that several long wick candles are forming, which suggests a possible reversal. The price may revert and move back up when the sellers lose momentum. The following candlestick validates the momentum change, allowing us to place the trade. Put a stop loss three times the stop loss below the swing low and take a profit at that point. Price rises till it reaches our take profit point.

This is yet another illustration of a reverse deal. Never does the market decline in a straight line. It moves backward and downward in stages. Watch for candlestick patterns that show weariness and a loss of momentum. Observe consolidation and resistance levels by switching to the 15-minute timeframe. When the price retraces to test the resistance level, enter the trade. Place your stop loss three times your stop loss below the resistance level and take a profit. Take profit when the price reaches.

Disclaimer: This blog post does not provide financial advice and the trading strategies discussed are only for informative reasons. Trading entails dangers, so readers should do their homework and speak with a professional before making any investments.

Tags: #tradingsecret #tradingtips #stockmarket #tradingsuccess #tradingskill #markettrends #trading #tradingstrategy

Writer: Chintu nath

​​​​​