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#1
13th February 2008, 03:48 PM
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Solve these Chart Puzzles!
Dear members,
Got these puzzles from a great trader in another forum. Copy Paste job is done by me. Read the attached word file. You will realise the importance of these puzzles. Donot forget to read the and realise the answer given by the master trader at the end. Thanks and happy learning R. S. Iyer Last edited by RSI : 13th February 2008 at 05:28 PM. 
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#3
16th February 2008, 12:43 PM
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Re: Solve these puzzles
Quote:
 Anyway, I am glad that you found it useful. So far many members have viewed it and I donot know whether they found it useful or not. Total silence and lack of discussion makes me bit apprehensive. Regards R. S. Iyer
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#4
17th February 2008, 08:48 PM
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Re: Solve these puzzles
excellent..post.
your subject heading is not relevant...most of them will ignore it thinking that it is something related to puzzles should have added something related to charting...subject heading is more important to let many people view it. thanks regard suba
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#5
17th February 2008, 11:10 PM
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Re: Solve these puzzles
Quote:
Saint
__________________
"You cannot change the direction of the wind,but you CAN adjust the sail..."
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#6
17th February 2008, 11:22 PM
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Re: Solve these Chart Puzzles!
Quote:
Actually a puzzle that is a dilemma every day in the life of a trader,but viewing the charts 1-2 time frames higher usually solves the riddle.......the word "usually" being the operative word.The rest is all stops and reverses if the trend goes the opposite direction to our analysis. Saint
__________________
"You cannot change the direction of the wind,but you CAN adjust the sail..."
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#7
18th February 2008, 12:54 AM
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Re: Solve these Chart Puzzles!
Yeah i missed it also,as i always read Saint's post hence now gone thru this.
As we are to discuss only the Left side now. My subjective comments:= In this Time frame After 9.55's Big White candle (Which was the typical thurst of an Impulse,the volume diminished inspite of price going up prior to that Candle .) The Corrective has started after the Imuplse from the Doji with greater Volume 1) 'A' from 11.05 am is ;a retracement in a downmove. 2)'B' is one the Leg of the above 'Corrective' of this Down Impulse.
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#8
18th February 2008, 08:07 PM
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Re: Solve these Chart Puzzles!
Hello Suba,
Thanks a lot to Suba for pointing out my mistake. I didn't think too much about the title. Thanks for drawing my attention to it and I shall try to give "catchy" headlines next time. Regards R. S. Iyer
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#9
18th February 2008, 08:07 PM
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Re: Solve these Chart Puzzles!
Hello Saint and Asish
Saint, main purpose of posting that word file is to point out to each and every member as to what they should know before setting out to trade. The master trader in his message hits very hard right at the soft spot (most probably almost all of us have it) (i.e. lack of precise "definition" as to "support, resitance, demand, supply" etc. Read and re-read his message. Things will become more and more clear. His message gives an important clue to what we are missing in our anlytical capacity. It makes us to introspect about our knowledge about these very very important trading aspects. Without knowing these aspects precisely, we are aiming in dark. Look at the problems posed by him. You will have to answer these problems in all time frames. Recourse to higher timeframe may solve the problem temporarily, but that will not be a substitute to having hard core knowledge about the terms described by master trader. Asish, thanks for trying to solve the puzzles. Thanks to all of you once again. Regards R. S. Iyer
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#10
19th February 2008, 01:04 AM
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Re: Solve these Chart Puzzles!
Quote:
 Saint
__________________
"You cannot change the direction of the wind,but you CAN adjust the sail..."
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