Confused on chart analysis

#1
:confused:Hi everyone, I'm a beginner Who's going through a doc saint teach 2 fish as suggested on this forum. i'm sorry i might sound stupid but i could not understand at all the uptrends and downtrends at all. What does he mean be higher high and lower lows and lower highs and lower lows in a chart. He is quite illustrative but i could'nt get it. Anyone please elaborate on this either via reply to this thread or via email to me, any chart examples would be much appreciated.

thanks in advance :clap::clap:



[email protected]
 

d_s_ramesh

Well-Known Member
#2
Please go through the chart and you will come to know, I have marked the Higher high, higher low and lower high, lower low. Need more clarification I can give you remote login to my system and explain you if necessary.
 
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#3
Please go through the chart and you will come to know, I have marked the Higher high, higher low and lower high, lower low. Need more clarification I can give you remote login to my system and explain you if necessary.
ramesh thanks alot to reply to this thread and for the intiative u took to attach a chart and highlighting the things i wanted to know. But really sorry i could not get it. let me do some more research on this and preferably i'd like to get in touch with you on sat or sun as those
are my offs for this week.

I really do appreciate your kindness of taking the time out to share ur knowledge.

If u could share ur email id as well.
 

rajsingh

Active Member
#4
:confused:Hi everyone, I'm a beginner Who's going through a doc saint teach 2 fish as suggested on this forum. i'm sorry i might sound stupid but i could not understand at all the uptrends and downtrends at all. What does he mean be higher high and lower lows and lower highs and lower lows in a chart. He is quite illustrative but i could'nt get it. Anyone please elaborate on this either via reply to this thread or via email to me, any chart examples would be much appreciated.

thanks in advance :clap::clap:



[email protected]

Look at yesterdays low and high price , Now if today's low is higher than yesterdays low and the high higher than yesterdays high we have a higher low and higher high.
Vice versa for lower high and lower low....:D
 
#5
Look at yesterdays low and high price , Now if today's low is higher than yesterdays low and the high higher than yesterdays high we have a higher low and higher high.
Vice versa for lower high and lower low....:D
thankyou very muc raj for explaining this to me.
 
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