Dear saint I have some queries which if answered by you will be of great help to me and I would be happy if you answer each of them separately.since your thread is closed i am asking these queries by creating a new thread.please help me.
1) Is it that for knowing the trend of a stock we look in the weekly chart and for making the entry/exit of a stock we look in the daily chart incase of trading daily?
2) If weekly chart is on decline on an uptrend and daily chart crosses Previous Pivot High, then is it the right time to enter the stock?
3) After the entry is made in a stock where weekly is still on an uptrend but daily has made a downtrend, so in this case do we make an exit from the stock on the basis of the daily chart?. If no then how is it done?
4) If weekly chart is making horizontal up move and daily chart is also making horizontal up move, then is it right to make an entry on such stock?. If no then how and what should we do?.
With regards,
Learning Curve
1) Is it that for knowing the trend of a stock we look in the weekly chart and for making the entry/exit of a stock we look in the daily chart incase of trading daily?
2) If weekly chart is on decline on an uptrend and daily chart crosses Previous Pivot High, then is it the right time to enter the stock?
3) After the entry is made in a stock where weekly is still on an uptrend but daily has made a downtrend, so in this case do we make an exit from the stock on the basis of the daily chart?. If no then how is it done?
4) If weekly chart is making horizontal up move and daily chart is also making horizontal up move, then is it right to make an entry on such stock?. If no then how and what should we do?.
With regards,
Learning Curve
