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Ashw 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, 4 months ago
Technical indicators are algorithms that have already analyzed the price and volume patterns. They are only to indicate and help a trader make a decision. Technical indicator is just an indicator and not an analysis.
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Ashw replied to the topic What is RSI? How to identify the buying zone? in the forum Technical Indicators to understand market trend 7 years, 4 months ago
Relative Strength Index.
When it goes to the oversold zone. -
Ashw replied to the topic What is Moving Average? in the forum Technical Indicators to understand market trend 7 years, 4 months ago
An average of a particular price(high,low,close,open) for a particular period of time.
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Ashw replied to the topic What is the process of identifying momentum stock in intraday? in the forum Intraday Analysis for Day Traders 7 years, 4 months ago
Observe global markets.
FII activity.
Indian market observation.
Pricewise market breadth.
Turnover wise market breadth.
3 top trending sectors selection.
Inside sector: Top 4-5 price wise gainers/losers. Top 4-5 gainers/losers turnover wise.
Select stocks that are common in both.
Create long/short positions corresponding to the trend. -
Ashw replied to the topic What is intraday analysis? How it is different from positional analysis in the forum Intraday Analysis for Day Traders 7 years, 4 months ago
Intraday analysis involves which stock to long or short to close position within a day. Does not make use of candlesticks.
Positional analysis is done to old position for almost a week and requires the use of candlesticks and indicators. -
Ashw replied to the topic Do global markets impact the intraday price movement? How? in the forum Intraday Analysis for Day Traders 7 years, 4 months ago
Yes, because markets are usually fractal in nature.
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Ashw replied to the topic Why the positional analytical methods are not followed in intraday analysis? in the forum Intraday Analysis for Day Traders 7 years, 4 months ago
Because positional trading involves almost a week long position but intraday requires analysis of trading positions in a single day.
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Ashw replied to the topic Why do we need to close the intraday position on the same day? Is it mandate? in the forum Intraday Analysis for Day Traders 7 years, 4 months ago
Mandate only for short positions.
If the analysis is intraday, then it is recommended to close on the same day even if it’s a long position. -
Ashw replied to the topic What is the IDEAL time to trade intraday? in the forum Intraday Analysis for Day Traders 7 years, 4 months ago
10-11:30am and 1:30-3pm
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Ashw replied to the topic What do we interpret using GAP ANALYSIS? in the forum GAP Analysis and its interpretations 7 years, 4 months ago
Strength of a trend.
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Ashw replied to the topic What is called as GAP in technical analysis? in the forum GAP Analysis and its interpretations 7 years, 4 months ago
An empty space between previous closing and next day opening.
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Ashw 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, 4 months ago
Depends on its position of occurance and also the volume.
Types- Area, Breakout, Runaway, Exhaustion. -
Ashw 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, 4 months ago
Area gap: Occurs in a non trending area. Low volume.
Break out gap: Occurs at a support or resistance region. High volume.
Runaway gap: Occurs after a breakout. High volume.
Exhaustion gap: A filled runaway gap. -
Ashw replied to the topic What is the general forecasting duration using candlestick analysis? in the forum The Simple Candlestick Analysis 7 years, 4 months ago
1 week.
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Ashw 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, 4 months ago
Positional traders who trade within a week’s time.
Volume shows if there was lack of buyers/sellers or weakness/strength of them at a particular price. -
Ashw 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, 4 months ago
The most powerful trend reversal tool.
Hammer is famous downtrend reversal- go long.
Hanging man is a famous uptrend reversal- go short. -
Ashw replied to the topic What is morning and evening STAR? When to buy and Sell? in the forum The Simple Candlestick Analysis 7 years, 4 months ago
Morning star doji appears during a downtrend- BUy
Evening star doji appears during an uptrend- SELL -
Ashw 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, 4 months ago
Engulfing pattern is when an opposite candle stick body covers the previous day’s candlestick.
Should occur in a trend.
Volume increase, but not necessary.
Body should cover previous day’s candlestick.
BUY- After the price crosses the highest point of the engulfing candle stick.
SELL- 1 time the risk taken. -
Ashw replied to the topic What is DOJI? How to make use of DOJI? in the forum The Simple Candlestick Analysis 7 years, 4 months ago
DOJI mean neutral. Doji is very good for making money if it qualifies as a proper doji.
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Ashw 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, 4 months ago
Candlestick analysis was first used by the japanese people to trade rice almost 200 years ago. It was later adopted by the west to trade stocks.
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