It is common knowledge that to build a sturdy building we need to create a strong base. Simply Indicators focuses on building a strong base in Technical Analysis so you are ready to start building your wealth and bring you on the path to achieve financial freedom.
The pre-requisite includes completion of first Program module – Simply Advance Technical’s so that you can be at pace with the Program needs. This module takes an in-depth look into the technical analysis by merging two diverse trends, European & Asian Trend Analysis.
Simply Indicators includes European trends in Technical Analysis, and we see the magic when we merge East (Asian Analysis – Learnt in Program 1) with the West (European Indicator’s). As the name suggests and also as per Swaycharts’ core value of simplicity, we have picked up only 3 indicators from the available list of almost 30+ indicators as we have our research behind it and we strongly believe that these are enough for anyone to trade effectively in markets along with its simple stepwise approach.
1) RSI – Relative Strength Index – The RSI is classified as a momentum oscillator, measuring the velocity and magnitude of directional price movements. Momentum is the rate of the rise or fall in price.
12 powerful Trading strategies only based on RSI and its flavors.
- How to Trade Sideways market (Long and Short)
- Entry in a Trended stock (Up and Down Trended)
- Miss Me NOT (Long and Short)
- Dhamaka Trade (Long and Short)
- Final call for U-Turn (Long)
- Higher pulling Lower (Long)
- Strengthening the Current Trend (Long and Short)
2) BB – Bollinger Bands – The Volatility Indicator of the market. BB includes an upper band, a lower band, and a Moving Average. BB helps to identify volatility in the market and Traders make more money during volatility.
5 Magnetic Trading Strategies using BB
- Re-Learning few important Alphabets – M and W the BB way.
- The Power of Spring Compression.
- A Walkover Volatility.
- Teasing the Bands multiple times and moving away.
- Price reaction on Centre band in Higher Time Frame and enjoying the action in Lower Time Frame
3) Risk Management advance – How to pick right trade with right risk management, how many risks can a Trader take per each trade, define Trading Capital.
4) Characteristics of a successful Trader – Discipline, Clarity of plans, Decisive mindset, Patience is the right virtue, and finally we talk about the key to success – Journaling Trades with examples.
Pre-requisite: Simply Advance Technical’s Program Module