This article is from Joe Ross
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What do you when you have both a 1-2-3 low and a 1-2-3 high taking place at approximately the same time?
This is a situation in which you can often look at fundamentals...
I am confused with your definition of "pinbar". Also, every pinbar will not be effective. Pinbars will be effective in the support/resistance zones. Donot forget to include volume while interpreting pinbars.
These are not usual markets. They are heavily manipulated and news driven. Even the...
A simple explanation for today's bar would be like this (I have not gone through intraday chart. Comments are solely basing upon your posted chart)
1. Price has been falling and today price opened with a huge gap.
2. Price rallied heavily. But bulls could not sustain the upmove.
3...
True. It is one's current experince (i.e. experience in last trade or at best last a few trades) that moulds his decision. You know from where I am quoting the below passage. The below passage is a timely reminder
"Starting from the simple ground that the logical action of a stock was to...
I assume from your post that
1. The owner of the ledger mentioned in your quoted post is known to you. May be perhaps directly under your control now with responsibility to bring it back to profit or at least to recover the losses.
2. More importantly, some strategy is taking shape (or...
Take care about these things, which on the face of it appear like mild tremors. But soon these will turn out to be major earthquakes. Helicopter Ben, your policy of printing dollars is going to backfire sooner or later. This one appears to be the first step...
Most probably he meant India to be a world power in corruption. Look. Right from Bofors to Kargil coffin scam to CWG scam to Adarsh Housing Society scam to the latest 2G scam, the looted amount has grown bigger and bigger in size. And now we have a new definition for high morale. Just make money...
Please try to resize the image. Or else one will have to move the browser window left and right so as to view the chart and to read the post. That is not a very pleasent experience. If you upload the image to imageshack it automatically resizes the image for posting in forum.
Just my suggestion.
Hello Simon,
Welcome to the forum. I am one of the registered users of your great software.
Since your PM is not enabled, I am constrained to post this here. I donot know why FCharts is not updating BSE data. Also, if someone tries to update NSE data after the closure of market hours with...
SM,
It is here where many of us learned the initial lessons in trading. You see, even after getting a post graduate degree from university, still one will love the school which he has attended in his early part of life as a kid.
It is that sort of respect and that sort of attraction which...
Reread my earlier post again. What I have highlighted in your quoted post is what I was talking about. It is the revenue buildup of future not the past. Warren Buffett, George Soros etc. have vast resources and financial muscle to do the proper "fundamental analysis". Funniest aspect is that no...