Anything about technical analysis

Hi everyone,
I came to know recently about this community.I find it very good and helpful.thanks to traderji..

I m practicing technical analysis from last 1.5 years.I find it very useful.I have a very good holding over it.Anyone wanted to know anything about it,u are most welcome.

whcich theories, u using to analyse the market. plz share with us.
regards
sijo jose

I am using metastocks to analyze trades..
I usually use a combination of many indicators to confirm a position before investing into it..i find MACD,Stockastics,RSI really useful..

Hi Friends,
I find this divergence article really good.
Thought of sharing it.

thanks ,for share it.

Hello Ppl,

I am confused. Help Needed.

Whenever I enter a stock with a SL, more often than not the SL is hit and I am taken out of the stock.

(I use 2% to 2.5% as my SL OR nearest low)

Now the problem is during intraday the stock does hit the 2% SL OR nearest low and bounces back and then goes to hit my target of 5% intraday or in a few days.



what to do?

Sanjoy

how many trades do you take in a day?

dont get very curious to enter every time..

most of the time your SL hits becoz our entry is wrong and exit the worst..

try making small profits only

have you ever gone through a proper technical analysis training or have just read some books and started trading on ur own??

USE Averag True range on technical analysis for setting stop loss. This takes into account volatility.

traderji sir

I want to do technical analysis course can u suggest me from which institute is the best for this .

Hi,

Its better to learn from the books and if you want to start read the book TRading For Leaving By Elder Alexander and there is very good thread of saint which is Teach a man to fish this will help you more.

Best regards

Balraj