Teach A Man To Fish And.........

Ecko · #**1451** 8th April 2008, 07:22 PM

Those who dont know how to download archive from torrents may refer this thread
All thanx to S@int

http://www.traderji.com/tech-corner/...-torrents.html

Saint · #**1452** 8th April 2008, 07:46 PM

Quote:

Originally Posted by prabhjeetrana

I think I have angered you with all the wrong explainations of your theories, will try to dig deeper into your theories and will keep my mouth shut till then.

Regards

Prabhjeet,

Nothing said in this thread belongs to only me......they have been around from the advent of the stock market.

Not angered at all.......a bit sad though that I am unable to communicate what I see......but haven't given up as yet.

I am going to analyse your last few posts.......and let us all learn from this exchange of thoughts.

All the best!
Saint

Balli · #**1453** 8th April 2008, 07:49 PM

Quote:

Originally Posted by Saint

Prabhjeet,

Nothing said in this thread belongs to only me......they have been around from the advent of the stock market.

Not angered at all.......a bit sad though that I am unable to communicate what I see......but haven't given up as yet.

I am going to analyse your last few posts.......and let us all learn from this exchange of thoughts.

All the best!
Saint

A saintly comment from a SAINT !

jamit_05 · #**1454** 8th April 2008, 07:53 PM

Quote:

Originally Posted by slah04

Hi Amit

This is Sanjib. I have been visiting this forum since february and its been a really good learning experience (which happens obviously when we come in contact with pros like you and Saint and UAshish.

San

First things first... me is not a PRO... actually far from it. But, temporarily I might sound like one. And let me assure you that it is only an effect of attentively listening to the REAL PROS for two days.

Quote:

Originally Posted by slah04

Hi Amit

Now if you can bear with some of my stupid questions...

With ref to your chart, could you please explain why the exit came @ 1875. Am still trying to get a hold of the "Pivots".

Thanks

San

Exit was at 1875, since it was a pivot low.
To know what a pivot is and why we exited there you will have to sincerely read this entire thread.
To start off you might want to download pdf of ECKO <good work dude>

benwae · #**1455** 8th April 2008, 08:52 PM

Dear Saint,
I am a new member and also a newbie. I hope by joining your forum will improve my knowledge and skill in stock trading. Thank you for welcoming my membership.
Best regards
Wong Benwae

myvineet · #**1456** 8th April 2008, 08:55 PM

Quote:

Originally Posted by Saint

It was indeed a great pleasure to have met up with you.....and totally agree with SGM,a 1000 charts,maybe more....and everything just springs out of the charts.....yep,occupational hazard is sore eyes

,but worth it!!

Just to clarify that one point........what does the word"guideline" or "definition" mean?

Either way,what I mean is :Pivot high is at 100,meaning my entry IS at 101 as per my filter given.

It's rigid,it has to be like that every time,again and again.......there is no compromise,the entry is there always,stop loss always below the previous pivot lows........Everything is a hard and fast rule,will not budge from it!..

All the best!
Saint

what a words of wisdom!!!...write it & paste it on my pc table

no words are enough to thanx u boss...

regards

reji · #**1457** 8th April 2008, 09:16 PM

Quote:

Originally Posted by shrineha

Great stuff Amit,

Thanks for explaining it with clear points marked. It cleared my doubt about Pivot with more clarity.

Hello Saint, based on your teaching today I have tried to Fish 'Kaushalya Infrastructure', would keep a watch on how it goes. My entry was at 37 and stoploss at 28.

Thanks once again.

Kind regards,
shrineha

Dear Saint,

I refer to the above post by Shrineha. Considering the "low volume"of this scrip, I presume you would avoid this one. Kaushalya being in the downtrend for some time, had it been better, if he could wait till the previous weekly pivot high of 40.85 to be taken out to enter?

Regards

Reji

P.S. Congrats.You joined the "5000"Club

shrineha · #**1458** 8th April 2008, 09:45 PM

Hello Reji,

Interesting comment. The reason for me doing this trade was on the daily chart 4 white candles in a row with low of 3rd high candle taking out the high of 1st candle and 4th one moving higher. Also one high volume day with upmove on 4th of April. but in the restrospection I think you are right that I should have waited for additional confirmation about taking out of previous pivot high.

Just curious on what kind of filter you guys apply when it comes to volume? How much volume is high volume, how much much is medium volume ?

Are low volume stock always strict 'no no' when it comes to TA?Apologies if repetition of questions.

Apologies . still do not know how to post a chart.

Kind regards,
Shrineha

Tapaswi.S · #**1459** 8th April 2008, 10:22 PM

Quote:

Originally Posted by Saint

Right-on Tapaswi......and yes clear divergences.....and a host of other factors to be considered as explained earlier.......may chug on a bit more,or maybe not.....But personally,I would pass on this one.

Saint

Thanks Saint,
I went through you posts above regarding RELAGRO, Got your point.

Best Regards,
Tapaswi.S

Tapaswi.S · #**1460** 8th April 2008, 11:02 PM

Quote:

Originally Posted by prabhjeetrana

I think I have angered you with all the wrong explainations of your theories, will try to dig deeper into your theories and will keep my mouth shut till then.

Regards

Dear Prabhjeet,
just look at the photograph of saint. can this man ever get angry??? never ever

Tapaswi.S