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

ruchir131986 · #**1571** 13th May 2008, 08:03 AM

Quote:

Originally Posted by Bitz

Hi Ruchir,
Me too new to TA...learning frm Saint.
Red line is Moving Avg line and Black lines are drawn by me to highlight the pattern...

To know more abt Saint's teachings go to
http://www.************/network/sear...teach+man+fish
In place of ************ type "4shared(dot)com"
and dwonload the pdf...somebody has done a great job by putting it there...

hey thanx a lot .......
i hope you will share your experience with me.......
i regularly trace yes bank... a have attached chart of it over here... can anyone please comment it???
i m getting difficulty in using amibroker thats why it is from ET...

rakeshluthra430 · #**1572** 15th May 2008, 10:26 AM

Saint,
I have a few questns...please let me know your views:

1. Nifty has broken its last pivot low of 4991 and now its a 'sell on rise' scenario..unless it takes out the prev pivot top. Right??

2. If yes...then in such markets do we BUY shares which show some strength or do we only look for SHORT candidates? Judging by your posts, i feel you buy shares which show some promise...but is there anything else which changes.... for eg small profit tgts, small stoplos etc.

3. Somehow I feel hesitant to take calls in shares which flow against the 'likely' or current direction of Nifty. Even if I do buy (like in current scenario), I book profits too soon...or get out even b4 stoploss is hit which is highly frustrating.

4. Also, when I am short, I can taken only 1 or 2 trades (my money mgmt doesnt allow > risk and shorting poss only in Futures), but for Buy, I find a lot of candidates...so I feel my trading is skewed. How do you resolve this.

Thanks a lot Saint for your valuable time and teachings,

Rakesh.

piyushonline · #**1573** 16th May 2008, 04:30 PM

Maddy, Well spot.. This looks like Cup and Handle pattern. Interesting !!! lets see if trend reverses... I am also new to T&A and learning

Quote:

Originally Posted by maddy_invest

Hi Saint,

I was looking at the Arvind mill daily chart. After the great crash in January it is now forming a cup like shape with a pullback to form a handle.Am I correct in my analysis that it has formed a cup and handle pattern? Will it be a reversal pattern now as it is after a downtrend? The pattern also has completed more than 7 weeks. Volume has also cotracted in handle.

Thanks again for your great effort.

Maddy

jamit_05 · #**1574** 17th May 2008, 09:52 AM

Hi Saint,

Could you please refer to the attached chart. I have arranged the question there itself. This sort of an occurence is very bothersome as it is a little tricky to deceide the trend.

Amit

sachin_jain3 · #**1575** 20th May 2008, 11:05 AM

Hello Saint,

I have posted my query in this thread.

http://www.traderji.com/trading-tech...tml#post180145

Please find time to reply the same.

thanks,
Sachin

myvineet · #**1576** 20th May 2008, 08:22 PM

saint is not posting these days ...hope everything is fine at his end...we are missing his intraday trade very much ..

satya_pinku2003 · #**1577** 21st May 2008, 10:50 AM

Quote:

Originally Posted by myvineet

saint is not posting these days ...hope everything is fine at his end...we are missing his intraday trade very much ..

yes everybody missing him and waiting his new thread bsed on 60 min chart

regards
Satya

rakeshluthra430 · #**1578** 21st May 2008, 10:55 AM

Quote:

Originally Posted by satya_pinku2003

yes everybody missing him and waiting his new thread bsed on 60 min chart

regards
Satya

If you observe, Saint is always missing before the markets starts falling...his absence can be taken as an indicator of an immenent fall in the markets..... someone shd work on the 'Saint-away' indicator as well

deb99891 · #**1579** 21st May 2008, 10:57 AM

Quote:

Originally Posted by rakeshluthra430

If you observe, Saint is always missing before the markets starts falling...his absence can be taken as an indicator of an immenent fall in the markets..... someone shd work on the 'Saint-away' indicator as well

allways difficult to connect one ofour teachers as the pm box is allways full.

satya_pinku2003 · #**1580** 21st May 2008, 10:59 AM

Quote:

Originally Posted by rakeshluthra430

If you observe, Saint is always missing before the markets starts falling...his absence can be taken as an indicator of an immenent fall in the markets..... someone shd work on the 'Saint-away' indicator as well

Regards
Satya