Hi All,
I m learning these methods day by day and finding it very interesting n loving as well as enjoying.
Now i would like to know some thing
Have seen that japanese candle stick gives different type of candles from which we can decide bullish bearish reversal etc ( like Doji, Hammer )
Where as there are other Indicators like Macd Rsi Etc which gives us signals
N other is Patterns like Flag HnS etc
From where we can decide n trade
Now i wanna know which is the best way to follow n which is much better
i have seen which is my personal view may be right or wrong.. is that candle stick gives clear picture in advance whereas indicators are bit late.
For example
If a stock trades at resistenace n if we get doji that means time for reversal but some times macd doesn't react n it starts reacting after day or 2
So just need comments from seniors to clear this
And one more thing i would like to know for intraday wat should we follow n how should we take long n short positions and on which time frame.
Thanx to everyone in ADVANCE
I m learning these methods day by day and finding it very interesting n loving as well as enjoying.
Now i would like to know some thing
Have seen that japanese candle stick gives different type of candles from which we can decide bullish bearish reversal etc ( like Doji, Hammer )
Where as there are other Indicators like Macd Rsi Etc which gives us signals
N other is Patterns like Flag HnS etc
From where we can decide n trade
Now i wanna know which is the best way to follow n which is much better
i have seen which is my personal view may be right or wrong.. is that candle stick gives clear picture in advance whereas indicators are bit late.
For example
If a stock trades at resistenace n if we get doji that means time for reversal but some times macd doesn't react n it starts reacting after day or 2
So just need comments from seniors to clear this
And one more thing i would like to know for intraday wat should we follow n how should we take long n short positions and on which time frame.
Thanx to everyone in ADVANCE