PA Club for PA People.

[seetharamank]

PA traders means what price analysis?????

 

[sumitdasjoshi]

pa means price action.

 

[Tavnaz]

how are you doing people?
Keep posting and hey Sumit how are you,are you trading forex live now.
And Dear Mr Preet i don't know about experts all i see is a BEOB so i'm short Eur/Usd.
Regards
Taz

 

[winstonn]

havells

Wish you all a very happy and properous Dasara


this is a daily chart of Havells.

Trend : Up

Pullback : 61.8 fib

Support: previous resistance turned support

PA : Inverted Hammer

Bias : High of this inverted candle would be achieved in next one or two candles.

Strategy : Long intraday trade based on this inverted hammer with stops below low of this inverted hammer and target high of bar.


Regards
Winston

 

[Tavnaz]

Re: havells

Wish you all a very happy and properous Dasara


this is a daily chart of Havells.

Trend : Up

Pullback : 61.8 fib

Support: previous resistance turned support

PA : Inverted Hammer

Bias : High of this inverted candle would be achieved in next one or two candles.

Strategy : Long intraday trade based on this inverted hammer with stops below low of this inverted hammer and target high of bar.


Regards
Winston

Great Charts,and the setup is a a great one with Confluence i like it sir.
I am thinking though the lack of volume on this bar don't you think buyers raising concerns should point to an increase in volume.
But anyways it is an inverted hammer and a good IPB.
And Winston Would you mind telling me how can i get access to good quality charts for indian stocks and stocks on foreign exchanges.
I am doing forex work but will be more then happy to use stock market as well, as my financial instrument.
Regards
Taz


And Happy Dasshera to all you guys,may god bless your souls and give you success in trading.

 

[preetksgill]

Neural Network played out well

4145 was indeed the top, the current bearish sentiment continues till the NN does not indicate bullishness to me

This should tank further

Using Neural Networks (Magenta) and MACD Signal line (Red)

Beginning of October, daily charts says, its had enough and trend is weakenng.

The trend weakness was easier to trade on smaller time frames