VPA + HA Learnings

Volume Profile Analysis (VPA)

 Proper analysis of stocks one day before (plan ahead and only execute them next day)
 Trade only in stocks (never in Banknifty or Nifty – high risk)
 Don’t jump into trade (wait for right opportunity)
 Don’t try to recover losses in single day (avoid revenge trading)
 Avoid trade where movement is strong against the bet
o Continuous green/ red candles
o Long wick in the opposite direction
o Prefer to trade after 10:00am as stocks settle down
 Avoid trading when POC level is skipped by gap up or gap down
 Use one level only once (important)
 Don’t trade when POC level has been breached twice in the past
 Avoid trading when opening level of day is very close to POC level
 POC level is considered tested if prices don’t touch and reverse 0.2% from POC
Harmonic Patterns
 All numbers should be Fibonacci levels
 Ideal values are 0.618/ 0.786/ 1.27/ 1.618
 Avoid trading when there is consolidation/ accumulation before reaching the PRZ
 Avoid trading when there is gap up and gap down near PRZ
 Exit when there is 5min candle closing below stoploss