5. (Part2) How To Identify Stock Market Direction (Trends) Part 2


Hello I�m Prateek Singh and welcome to part
2 of the market scientist episode concerning trends,
If you haven�t seen part 1 I suggest you got back and see it because you won�t understand
what tihis one is about I last left you with this image, I also asked
you to find swing low in this chart. I hope you were able to do this because this is the
answer if you did get everything right that�s great if you went horribly wrong then I�d
suggest you visit marketscientist.in The link is in the description; take the apprentice
course, this is 100% free and will give you enough material to practise swing high and
swing lows. So trends are made of swing highs and swing lows or waves, now a wave is a very
natural part of the market, as I said in the previous video markets will generally move
up and down in a gradual fashion over long periods of time. Now when you are going up
or an uptrend we get higher swing lows and higher swing highs.
Now it�s easy to see this chart that very sing low was higher than the previous one
and every swing high was higher than the previous swing high.
This is called an uptrend, likewise a downtrend has lower swing highs and lower swing lows.
So every swing high you see on this chart has a lower swing high than the previous one.
So a set of lower swing highs/lows every time the market moves is a downtrend and a
Set of higher swing highs/lows is an uptrend. Words may confuse but if you see charts then
things become much simpler. Now the question still remains, how do we
know when market is changing direction There are two things you should look it. When your
stock is in an uptrend and it breaks the previous swing low the uptrend is now in question.
When this happens we are looking to see if this fall continues or not, it could still
continue the uptrend however if we make a LOWER swing high and continue down , we have
the characteristics of a downtrend within a uptrend this means that the almost certainly
this uptrend is now over and we will either go sideways or a bull blown downtrend. This is the
same for a downtrend, when a previous swing
high breaks and we get an higher swing low, markets continuing up to new highs we can
safely assume at the downtrend is over and that a new uptrend has begun.
Now these are general rules that can be used for all markets just make sure they are not
spiky, or no volume. These will work great on nifty 50 stocks.
as I have said before Marketscientist.in has an apprentice course which is free and has
enough exercises to teach you trend change. I hope you learnt something in this series
today and you can apply it in your trading, always remember that anything worth doing
in life takes courage, patience and a lot of hard work.
don�t forget to like and subscribe to the videos and visit Marketscientist.in to sharpen
your trading skills and learn to be a more profitable trader, we have tons of resources
on the premium member section so I hope I see you there.

100 thoughts on “5. (Part2) How To Identify Stock Market Direction (Trends) Part 2”

  1. Charts are just indicators to convince ourselves though it helps us trade with stock trends…. What is most important is to first study the company and its latest business news before deciding to buy any stocks of it…. Indicators of the past may always not forecasts the future… Just like you eyes keeps rolling over all mirrors while driving yet unconsciously being aware of your destiny and keeping sharp focus on your path!

  2. Nice explanation,,,i would like to study about the shares and hoe to start,,how to analyse,,and so on from the beginning,,,,i have tried to study in many ways,,but i am not satisfied and confusion still increase,,,i hope sir,,,,u can give everythng with logic and simple explanation,,,,thank u sir

  3. Most importantly, keep on watching time and again the swing high and swing low and trend reversals can be spotted at the first occurrence. No indicators are really required except you follow the trend properly and use it judiciously. Watching this video again and again will give enough practice to spot the trend reversals.

  4. Very simple and easy to understand, I recommend this video to all newbies who are not familiar with the technical term of trading. Thank You!

  5. woow. so that's the secret.
    in my opinion, this should be teached in school or something…
    (i don't know about other countryes tho)

  6. BTW Prateek,I got a question for you..Which prices are you comparing?Is it the "Open,High,Low or Close"?
    Also,I guess you are comparing the price movement from one day to another…Can I do this for from one week to another as well?

  7. Seems your website is not working…. but i wanna THANK YOU for sharing this video….very well described… Thank you!!! 🙂

  8. No offense but how much money do you make? Are you really rich or average? I am Only asking this because i want to trade shares as a living.

  9. Hello there, Excellent tutorials, however I'm just wondering. When you are identifying a downtrend or uptrend, you look at 15min changes? or 1 hour changes?

  10. hello nice tutorial man, by the way i would like to ask you if is it safe to trade online in Etoro website ?

  11. yep your info is veryhelpfull thanks just wished id followed my gut i would have made a few hundred but it looks to be in another up trend so we shall see

  12. very very nice. highly educative. some times it will become very much difficult to know which trend NIFTY, BANK NIFTY and equities rallying. u helped me a lot. thank u very much.

  13. Very well explained, but this kind of analysis seems like a self-fulfilling prophecy, since those using it will sell at the same time pushing down the stock and buy at the same time driving up the stock. Given enough people using the method on that particular stock.

  14. I need invest first, this looks promising TRY TODAY https://twitter.com/ATrubariq/status/814558315904700417

  15. is this channel still active? i am really interested in getting deep into the stock market, not asking how to get rich quick.

    but how to build a deep understanding with the stock market and to be as fully knowledgeable as i can. (please click read more)

    i was a self taught novice audio engineer and your first video explaining waves in the stock market reminded me of mathematics and sound waves and music and i have heard some people have applied mathematics to the stock market long with much hard work and other factors to be constantly successful in the market.

    this is something i plan to study for 10+ years if it seems to be the thing for me, its only been a day or two but i feel i have learned a lot this couple days and have a very decent understanding so whats going on here

    but i also understand that there is a WAY bigger picture to the stock market, and i'd like to be looking at it from the outside > in

    not the other way around.

  16. The whole story of these videos comes down to adding an average line into the graph, and looking which direction it's steering into.

  17. hello… could you please tell if the uptrend is there then till what point it will follow uptrend before fall?

  18. Best Video Sir! Its so easy to Understand! it would b helpful to more people if it would b in hindi..

  19. I am new to stock market and I started trading in NYSE and NASDAQ since a week. Graphs in this video are self-explanatory but Prateek explains them mathematically very well. Even though I am from an Engineering background, I will never forget the concept and approach that Prateek taught in this video.

  20. Very nice and wonderful video sir.. Can you please tell us what chart or strategy to use at live intraday market to better understand high or low swings

  21. So if the stock reaches a high and it starts to go down a bit, but as long as the swing low isnt lower than the previous swing low it will bounce back because its still in the uptrend correct?

  22. Can you give us an idea of what time-frame you are referring to? This pattern you describe most definitely breaks down with shorter time-frames (e.g. looking at the market changes every minute as an extreme example). Thank you

  23. Can you give more details about swing high & swing low since my understanding swing high or low can be identity bullish trend or bearish trend connection? http://medicaladventure.org/category/clinical-trials-research/

  24. There is no science to stock market. It's all a big casino and the people that run it control the prices of stocks because they have so much money in it. Most people lose money gambling..

  25. Thank you for this video it was very helpful I've been investing for a little while but this actually taught me a few things that I hadn't considered I think this is the tip I needed I appreciate it I will check back with you and let you know how things are going.

  26. Hi, The apprentice course is not uploaded on your site. Please can you tell me where can I find it? Thanks in advance.

  27. Thank you brother! I will be able to use this information very valuably indeed in getting my feet wet at watching picked, invested stocks.

  28. Sir impressed by your presentation skills. Very easily explained. Thanks for information … I wish all your dreams come true. in this life God bless you

  29. I am watching this in 2019.. and this video was made ages ago.. but this one stands out compare to other educational videos..

    thank you for making this video..

  30. I am just a beginner and trying to understand the basics, I don't see any course as you mentioned on learningapp website, is it already demolished now?

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