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aaliya anjum replied to the topic Do global markets impact the intraday price movement? How? in the forum Intraday Analysis for Day Traders 7 years, 8 months ago
Yes global markets have impact on intraday price movement.
opening market is influenced by Asian market and closing is influenced by European market
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aaliya anjum replied to the topic What is the process of identifying momentum stock in intraday? in the forum Intraday Analysis for Day Traders 7 years, 8 months ago
For identifying momentum in intraday stocks:
1.Global market sentiment.
2.Foreign institutional investors sentiment.
3.Indian market sentiment.
4.Advance decline ratio.
5. Leading index sentiment.
6.Leading stock with more volume.
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aaliya anjum replied to the topic How do we use Fibonacci retracement to identify support and resistance zone? in the forum Technical Indicators to understand market trend 7 years, 8 months ago
Fibonacci retracements use horizontal lines to indicate areas of support (price stops going lower) or resistance (price stops going higher).
Fibonacci retracements are price levels, determined by the key fibonacci ratios such as 61.8% and 38.2%, used to identify support or resistance levels that may serve as market reversal points.
The most…[Read more] -
aaliya anjum replied to the topic What is the logic behind golden Mean – Fibonacci Series? in the forum Technical Indicators to understand market trend 7 years, 8 months ago
A golden mean also known as divine ratio is the ratio between two consecutive numbers from Fibonacci series. The the mean value is approximately 1.618. This mean value can used to estimate the support and resistance areas
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aaliya anjum replied to the topic What is called technical indicators? How it is different from other analysis? in the forum Technical Indicators to understand market trend 7 years, 8 months ago
technical indicators are one of of the supporting tool to analyze the market.
It indicates the price movement.
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aaliya anjum replied to the topic What is Moving Average? in the forum Technical Indicators to understand market trend 7 years, 8 months ago
Moving average can applied for short term (21days price movement). It works during trending, not support sideways movement.
Bullish trend:
The trend is positive till the current market price is above the average.
Bearish trend:
The trend is negative till the current market price is below the average.
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aaliya anjum replied to the topic What is RSI? How to identify the buying zone? in the forum Technical Indicators to understand market trend 7 years, 8 months ago
RSI is relative strength index. lines are drawn on the miniature chart and horizontal lines are drawn on it. If RSI < 70 then short position is executed and if RSI>30 long position is executed.
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aaliya anjum replied to the topic What are the characteristics of four phases (Consolidation, Breakout, Runaway and Exhaustion) of trend? in the forum GAP Analysis and its interpretations 7 years, 8 months ago
Area gap – Area gap occurs in non trending area. The gap is expected to be filled in upcoming days.
Breakout gap – breakout gap occurs above non trending area. The gap is not expected to be filled and bull is expected.
Run away gap – Appears above breakout zone in trending area, it denotes the strength of buying. Bull is expec…[Read more]
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aaliya anjum replied to the topic How to name a GAP? What are Four Types of GAP? in the forum GAP Analysis and its interpretations 7 years, 8 months ago
A gap is named depending on the area where it is formed. 4 types of gap are
- Area gap
- Breakout gap
- Run away gap
- Exhaustion gap
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aaliya anjum replied to the topic What do we interpret using GAP ANALYSIS? in the forum GAP Analysis and its interpretations 7 years, 8 months ago
Gap analysis indicates strength of the trend and helps us to locate the current phase of the trend.
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aaliya anjum replied to the topic What is called as GAP in technical analysis? in the forum GAP Analysis and its interpretations 7 years, 8 months ago
When there is a sudden increase in opening price compared to previous day closing price- creates a gap between yesterday’s and today’s trading range in a candlestick chart. This is called as GAP in technical analysis
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aaliya anjum replied to the topic What are HAMMER / hanging man? Why it is very popular when to buy and Sell? in the forum The Simple Candlestick Analysis 7 years, 8 months ago
Hammer/hanging man – it is a reliable and powerful pattern.
Hammer Conditions:
1.it appears after a significant price fall,
2.lower tail should be minimum of two times of it’s body’s size while upper tail is very small or no upper tail.
3. Body should be bullish with high volume for long position.
Hanging man:
1. it appears after a signi…[Read more]
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aaliya anjum replied to the topic What is the general forecasting duration using candlestick analysis? in the forum The Simple Candlestick Analysis 7 years, 8 months ago
General forecasting duration for the candle stick analysis is for few days to a week time.
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aaliya anjum replied to the topic What is Candle stick analysis? Its evaluation and it real time application? in the forum The Simple Candlestick Analysis 7 years, 8 months ago
Candlestick analysis has two types of sticks ,positive and negative
positive – the price will be lower to higher
negative -price will be higher to lower
candlesticks used in a reversal patterns .it is used analyse short term trend -
aaliya anjum replied to the topic What is Engulfing pattern? What are its conditions to qualify? When to buy and Sell? in the forum The Simple Candlestick Analysis 7 years, 8 months ago
Engulfing pattern is when bullish body covers the previous day bearish body or bearish body covers the previous day bullish body
it is the reversal patternconditions
-previous day body should be covered
-good volume should be when covering
When price crosses the last two candle then long position is created -
aaliya anjum replied to the topic Who should use candle stick analysis? What is the role of volume in candlestick analysis? in the forum The Simple Candlestick Analysis 7 years, 8 months ago
Candlestick analysis is useful for weekly traders. Day candle is used. Candlestick charts give us day to day price movements and short term trend. Volume is not given much importance  as in price pattern. But high volume denotes the strength of trend reversal
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aaliya anjum replied to the topic What is piercing pattern? What are its conditions to qualify? When to buy and Sell? in the forum The Simple Candlestick Analysis 7 years, 8 months ago
The recent candle body should cover the previous day candle’s 50% body and cover the lower tail also. this is called piercing pattern. Upper tail should be small.
Entry- when the price goes above the previous high.
Exit- when the price falls below the previous low
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aaliya anjum replied to the topic What is DOJI? How to make use of DOJI? in the forum The Simple Candlestick Analysis 7 years, 8 months ago
Doji means neutral in japanese. when the demand and supply are balanced, the opening and closing price are the same, so the body of the candle is very thin, so it appears like a star. Doji appears rarely but very powerful and reliable indicators of trend reversal
If doji appears after a significant price fall with high volume– Morning star– ind…[Read more]
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aaliya anjum replied to the topic What is morning and evening STAR? When to buy and Sell? in the forum The Simple Candlestick Analysis 7 years, 8 months ago
Morning star – Doji seen after a significant price fall (for bullish)
Evening star- Doji seen after a significant price rise (for bearish)
Buy after a morning star is seen
Sell after an evening star is seen
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aaliya anjum replied to the topic What is Double BOTTOM? What are their conditions to determine the bullish trend? in the forum Price Patterns and its characteristics 7 years, 9 months ago
when the two equivalent bottom is identified ,it is called double bottom.
volume should be high in second bottom.
long position is recommended when the price goes  above the previous high.
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