Welcome to TradingWala blog!
Before you begin, take a look at a typical trader’s story
To be a leading provider of distinctive trading strategies backed by superior technical analysis for discerning traders and empowering them to become successful ones.
TradingWala is a trading blog, which discusses and shares the knowledge in the form of technical analysis, trading strategies & trading systems. I am a multi timeframe trader who trade stocks, commodities & forex of Indian and global markets. With an interest, experience and expertise in trading, I thrive hard to monitor the markets for the trading opportunities and try to maximize my wealth and that of fellow traders by strategizing their trading.
Though I analyze the market and the underlying asset on its fundamentals, the trading is strategized based on technical analysis along with freely available technical data. I think trading without technical analysis is like mathematics without numbers. Technical analysis not only helps in gauging the trend but also helps in timing the entry and exit of trades. I avoid the squishy, touchy-feely “I think/hope/want” type of analysis which is so prevalent on the street. I trade what I see not what I want to see!
I mainly believe that Candlesticks Anticipate, Indicators Follow and Trend lines Confirm the Trades! MarketDelta, NinjaTrader, Amibroker and mighty Excel sheet help in the technical analysis and devising trading strategies based on Market Profile and Order Flow. I also follow Harmonic patterns.
Come join & let us KISS – Keep It Simple & Stupid and make some money!