Learn to Trade by Nitesh
Learn to Trade by Nitesh

@learntotrade365

22 Tweets 31 reads Sep 26, 2023
It's time to Upgrade your Trading Skills ⏳ to next level.
Spend your next 15 minutes in this tweet.
3 Different Methods in this Thread🧵
- Fibonacci Extension
- Trendline
- AVWAP
Specially for all type of INTRADAY TRADERS
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Excitement , FEAR & GREED makes a trader to lose money. So start focusing on simple trading methods and develop fearless mindset for trading success.
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Let's Start with Fibonacci Extension
1] My 2 favourite types to mark Fibonacci Extension
Type 1 is shared here . Kindly read the written in the below chart clearly to understand more in-detail.
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2] Type 2 to mark Fibonacci Extension
Kindly read the written in the below chart clearly to understand more in-detail.
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3] I have shared from Finding who is in control Bulls or Bears to taking advantage of direction and joining with them.
Kindly read the written in the below chart clearly to understand more in-detail.
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4] One more example with different entry type
Kindly read the written in the below chart clearly to understand more in-detail.
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5] Example to understand sideways market morning itself.
Kindly read the written in the below chart clearly to understand more in-detail.
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6] Example to understand the Direction change from bullish opening to downside direction and location to identify low risk high reward opportunity.
Kindly read the written in the below chart clearly to understand more in-detail.
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Now next is Trendline
Let's start with method to choose points to plot Trend Line.
Check the chart and Scroll down to continue👇
Chart 2
To focus on trade along with the direction
Check the chart and Scroll down to continue👇
Chart 3
Upside - Bullish example
Check the chart and scroll down to continue
Chart 4
Continuation of above chart in finding opportunity in the same direction.
Check the chart and scroll down to continue 👇
Chart 5
Trendline FAILURE Method for instant Reversal
Check the chart and scroll down to continue👇
Chart 6
Following the trend along with the price
Check the chart and scroll down to continue👇
Chart 7
Opposite direction opportunity using Pullback Rejection.
Check the chart and scroll down to continue👇
Now next is AVWAP
VWAP vs AVWAP
VWAP - Starting point is always at 09:15 a.m
AVWAP - We need to select the starting point.
Check the below 2 image to understand in-detail along with settings.
Scroll down for chart examples👇
There are various ways to use and plot AVWAP .
I have used one of the best technique to plot along with the market direction using HH HL LH LL levels.
Check the chart to understand the method and in the next chart below i have plotted - Scroll down👇
AVWAP can act both as Support & resistance depend on the current trend.
Refer the below chart here AVWAP is acting as resistance. I always believe to get multiple confirmation from chart for direction to take trades.
In-detail i have explained in the chart
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AVWAP Band ( Anchored VWAP BAND ) gives a additional clue for direction and helps to identify nearest SUPPLY ZONE in form of BAND ( Vice Versa )
Refer the chart and Scroll down 👇
AVWAP can also be used to find Trend/Direction Reversal.
One simple method if ,
BULLS are failing BEARS can dominate
BEARS are failing BULLS can dominate
Refer the chart and Scroll down 👇
Same as above Chart but for Pullback Rejection traders.
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End of this Mega Thread
If you find it useful kindly LIKE and RETWEET the first tweet.
Planning to share 5 detailed videos on this - Will plan according to the support and like from traders for this twitter thread.
Follow me @learntotrade365 for more techniques and content.

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