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Pattern Trading

Discuss Pattern Trading at the Technical Analysis within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Originally Posted by bvpraveen Hello Ashish, I will examine how this SL works: Close below ...


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  #131  
Old 30th January 2007, 12:33 PM
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Default Re: Pattern Trading

Quote:
Originally Posted by bvpraveen View Post
Hello Ashish,
I will examine how this SL works: Close below a SL placed below the trendline, by not considering the intraday whip-saws.
I would like to differ over here as at all occassions the SL will be in place and thus would cause the trade to be stopped. Hence, I would request you to consider them as well.

Quote:
Don't get angry! In such a case, I wonder whether such a pattern should be considered as valid first of all. Again its just my view. Leave it.
Dear Praveen!
There is nothing to be angry about. Brainstorming is the name of voicing different pinions, discussing them and acquiring more knowledge. To quote Voltaire, "I may disagree with what you have to say, but I shall defend, to the death, your right to say it." Your views are making my perspective broader, my dear friend.

You are right that it will invalidate the breakout but we never know beforehand if such an even would occur.

Best Regards,
--Ashish
http://tradingtalks.blogspot.com
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  #132  
Old 30th January 2007, 02:19 PM
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Default Re: Pattern Trading

Quote:
I would like to differ over here as at all occassions the SL will be in place and thus would cause the trade to be stopped. Hence, I would request you to consider them as well.
Ok Ashish. I will try to track all kinds of SL and see how they performs in different trades which are yet to come. I will decide upon my SL at that stage.

Quote:
....
There is nothing to be angry about. Brainstorming is the name of voicing different pinions, discussing them and acquiring more knowledge..... Your views are making my perspective broader, my dear friend.
Glad to hear that, Ashish.

Thanks all,
Praveen.
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  #133  
Old 31st January 2007, 12:29 AM
jdm jdm is offline
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Default Re: Pattern Trading

Quote:
Originally Posted by aca_trader View Post
Joy!

Thanks for your kind words but those shoes are too big and my feet are very small.

Best Regards,
--Ashish
there goes my good friend, humble as usual.
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  #134  
Old 31st January 2007, 08:25 AM
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Default Breakouts - 29th Jan '07

The breakouts from patterns identified today are:-

Balmer Lawrie - Rectangle
Carol Info - H&S
Tulip IT - Flag
Uttam Steel - Pennant

Please check out the charts.

Best Regards,
--Ashish
http://tradingtalks.blogspot.com
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  #135  
Old 31st January 2007, 08:27 AM
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Default Re: Pattern Trading

Oh Joy!

Please do not embarrass me.
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  #136  
Old 31st January 2007, 10:44 AM
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Default Re: Pattern Trading

how is moser baer?
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  #137  
Old 31st January 2007, 06:12 PM
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Default Re: Pattern Trading

should I buy Moser Baer at 347?
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  #138  
Old 31st January 2007, 10:19 PM
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Default Re: Pattern Trading

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Originally Posted by newbie123 View Post
should I buy Moser Baer at 347?
Purchase when it makes a new pivotal low. Else you can purchase above 365 with target of 400 with SL of 340.

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--Ashish
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  #139  
Old 31st January 2007, 10:52 PM
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Default Re: Pattern Trading

what are these patterns can u explanation in details like flag , triangle, double top, double bottom.

Breakouts:

Sl. No.---Stock---Pattern
1. ---CMC --- Flag,
2. ---SIL --- Double Top
3. ---Pratibha ---Triangle
4. ---ICSA---Double Bottom
5. ---ANSALHSG---Triangle

2. Breakout Candidates:

Sl. No.---Stock---Pattern

1. ---LT --- Triangle
2. ---Provogue --- Triangle
3. ---Primesecu --- Diamond
4. ---Finantech --- Head & Shoulder
5. ---SIEMENS --- Triangle


with regards
karim
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  #140  
Old 1st February 2007, 12:24 AM
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Default Re: Pattern Trading

Quote:
Originally Posted by karim100 View Post
what are these patterns can u explanation in details like flag , triangle, double top, double bottom.

with regards
karim
Karim!

I will provide tutorials on patterns but for that please allow some time as I am currently tied-up with lots of things in hands.
For the time being you can refer to http://stockcharts.com/education

Best Regards,
--Ashish
http://tradingtalks.blogspot.com
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