Rajeev Bhatia
India's Only Price Analyst
Home
It Is The Pleasure Of Institute Of Advanced Technical Studies (IATS®) To Educate All With Great Responsibility Through This Portal Wherein You Can Get To
Learn SCIENCE OF PRICE BEHAVIOR, A Price Based Study On Demand & Supply For Trading Other Traders In Financial Markets i.e Equity, Commodity & Forex
“SUCCESS LIES IN SIMPLICITY” Trading / Investing In Markets Is Very Simple, Don’t Complicate It By Following A Lot Of Studies Or Indicators Or Tools Because Complexity Creates Fog, Simplicity Clears It And As Far As Financial Market Is Concerned
SIMPLICITY LIES IN PRICE.......(CMP).
Or
IN BECOMING PRICE FOLLOWER).
PRICE MOVEMENT HAS GIVEN BIRTH TO DIFFERENT STUDIES & THEIR INDICATORS Like (ELLIOT Wave / Neo Wave Theory, GANN Theory & Wolf Wave Theory), Different Chart Patterns Or Candle Patterns, Different Indicators (Volume, Rsi, Macd, Bolinger Band, Ichimoku Etc.) & Different Oscillators, Trend Lines, Channels, Moving Averages, Different Type Of Support / Resistance & Its Levels Like Fibonacci Or Pivot Or Camrilla Or Gann Square Of 9 Levels, ETC.)
If Price Doesn’t Move, All TYPE OF TECHNICAL STUDIES Or Indicators As Mentioned Above Will Not Work Which ARE Actually BASED ON CLOSING PRICE
Now, There Are Two Ways Of Trading / Investing In Markets Either By Predicting It Or By Following The Current Momentum Or Current Market Price (CMP)
Technical Analysis Study Teaches How To Predict The Markets Through Different Above Mentioned Studies Or Tools Which Are Actually Lagging Instruments Because They Depend On Closing Price or EOD Data. In Other Words, Technical Analysis Is Proved Wrong Many Times Because It Indicates or Signals About FURTHER PRICE MOVEMENT After A Huge Gap In Rates.
But Price Action Shows Us Instantly In Running / Live Market Through Current Market Price (CMP) What Is Currently Happening In Price (Demand Or Supply Or Unwinding Or Profit Booking) Or The Current Momentum Or The Activities Of Big Players Or Smart Money Without Any Help Of Any Kind Of So Called Technical Analysis Or Above Mentioned Tools.
By And Large, PRICE IS THE Primary FACTOR Because Instant Happening Of Demand, Supply & Unwinding Is Reflected In CMP First & Lately Followed By All Different Studies Or INDICATORS Which Are SECONDARY PART.
We All Are Busy In Studying Or Following Secondary Part. Why Not Put Our Potential In Learning & Following The Primary Segment That Is Price (Only Current Market Price) On Which All The Above Mentioned Studies & Their Indicators Are Based.
So, Don’t Try To Predict Markets (Which Technical Analysis Generally Does) Instead Follow Price Action (CMP) Based On Demand & Supply And Always Be With The Momentum.
To Get Success In Market Our Focus Should Be On Price Behavior. When We Only See The Price Behavior Market Is “Better Up” & “Worse Down”
So, Respect The Price Action & Follow It Properly To Trade Or Invest In The Markets And Leave The Rest For The Soothsayer & Unsettled Fellow Traders.
So, Don’t Try To Predict Markets (Which Technical Analysis Generally Does) Instead Follow Price Action (CMP) Based On Demand & Supply And Always Be With The Momentum.
To Get Success In the Market Our Focus Should Be On Price Behavior. When We Only See The Price Behavior Market Is “Better Up” & “Worse Down”
So, Respect The Price Action & Follow It Properly To Trade Or Invest In The Markets And Leave The Rest For The Soothsayer & Unsettled Fellow Traders.