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#901
29th September 2005, 12:21 PM
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Re: New Intermed Uptrend!!
ftp://metau533:691978@72.36.219.162/NSEData.zip
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#902
29th September 2005, 12:23 PM
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Re: New Intermed Uptrend!!
Quote:
A HOLD for now,just raise the stop loss to 840......nice last few days in this one! Saint
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#903
29th September 2005, 01:27 PM
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Re: New Intermed Uptrend!!
Quote:
First of all, a warm welcome to you...........Secondly,what is that secret code above all about?Please enlighten......Just to satisfy my curiosity!!Thanx in advance! Saint
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#904
29th September 2005, 01:30 PM
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Re: New Intermed Uptrend!!
Quote:
Actually quite a few nice patterns......but this volume or lack of it on the way up quite worries.For now,am not entering into any trades,just holding and risk managing for now. ONGC looking good.....and you got in around the early 900's,......great going,is a hold for now. Saint
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#905
29th September 2005, 01:39 PM
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Re: New Intermed Uptrend!!
Hello!
First of all Congratulations 1000 posts.... Thanks again for sharing your knowledge and being a constant source of inspiration. Regards Roneeth
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#906
29th September 2005, 01:47 PM
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Re: New Intermed Uptrend!!
Quote:
I would like to echo Roneeth's post,....Thank you so very much for the selfless help you have given to many of the newcomers here. And congrats on the 1000 !  Regards, Anu
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#907
29th September 2005, 03:22 PM
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Re: New Intermed Uptrend!!
JAPANESE CANDLESTICKS -INTRODUCTION
Like in any aspect of trading,there are no absolutes......No absolute indicator,no absolute technique that will give us an absolute buy signal and definite profits.Traders play the probability game.......when the odds are in our favour,and the probability of success is present, we then enter into a trade.Do we definitely know that this trade will definitely work?No.Yet we enter if the odds are in our favour. Therefore,for chart players,we have indicators,be they MACD,Stochs,TRIX, etc.We look at the price and volume and analyse pivots.Trendlines are drawn,support/resistance lines are figured out ,patterns are looked out for........all these tell us that odds are increasing of a possible fall or breakout. The Japanese Candlesticks are one such........they help in adding to the odds of a possible future movement in that particular stock or index.But as in everything in trading,they have to be used along with the others as mentioned above. White Candle:This is a bullish candle.We have the body ,and we have the shadows(the line above and below the body proper).Body of the bullish white candle=Lower line of the body is the opening price.Upper line of the body is the closing price.The uppermost point of the shadow on top the body is the High ,and the lowermost point of the shadow below the body is the Low. Black Candle:This is a bearish candle.Again,we have the body and the shadow above the body and the shadow below the body. Here,the upper line of the body is the opening price,and the lower line of the body is the closing price.The uppermost point of the shadow on top is the High,and the lowermost point of the shadow below is the Low. More later!! Saint Last edited by Saint; 29th September 2005 at 05:58 PM.
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#909
29th September 2005, 04:35 PM
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Re: New Intermed Uptrend!!
Hi Saint,
Am not sure if this is the place to ask this query - but am still going ahead and putting my question. What does the "INCREASE / DECREASE in stock" column of the Financial statment of a company mean? Kindly clarify - hope i am not taking too much liberty in putting these questions! -Sam.
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#910
29th September 2005, 04:39 PM
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Re: New Intermed Uptrend!!
And forgot to thank you for your lessons - Thank you for that. I just started learning about Japanese candle sticks last week....and your starting these lesons - Great.
Thanks Sir :-) -Sam.
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