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Dhananjayan replied to the topic What is the logic behind golden Mean – Fibonacci Series? in the forum Technical Indicators to understand market trend 8 years ago
FIBONACCI SERIES is a series of numbers where the sum up of two consecutive numbers give the other number.
0,1,1,2,3,5,8,13,21….goes on
golden mean is the value of 1.618 where if a number is divided by its previous number of this series it should give result of 1.618 approx.,which shows us the trend.
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Dhananjayan 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 8 years ago
TECHNICAL INDICATORS are used to indicate the trend.,it is different from other analysis as it will not take time for further analysis as it directly indicates the trend.
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Dhananjayan replied to the topic What is Moving Average? in the forum Technical Indicators to understand market trend 8 years ago
MOVING AVERAGE is technical indicator which is used to identify the bullish / bearish trend.
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Dhananjayan replied to the topic What is RSI? How to identify the buying zone? in the forum Technical Indicators to understand market trend 8 years ago
RSI is RELATIVE STRENGTH INDEX.,where when the mark is above 70 it shows the bullish movement and we can buy the shares.,and when the mark is below 30 it shows the bearish trend and we can sell the shares.,
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Dhananjayan 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 8 years ago
FIBONACCI RETRACEMENT is a harizontal line with 38% support and 62% resistance.
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Dhananjayan replied to the topic How to create positions in gap analysis? target and stop loss of gap analysis? in the forum Stock market questions and answers 8 years ago
In case of a BULLISH BREAKOUT and positive runaway gap.,we can surely form long positions.,and in case of a area gap in supply zone (downward movement) we can create a short position.,and in EXHAUSTION GAP as it denotes the termination of a existing trend.,according to the present trend and taking it to mind we can create long or short…[Read more]
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Dhananjayan replied to the topic What is called as GAP in technical analysis? in the forum GAP Analysis and its interpretations 8 years ago
In TECHNICAL ANALYSIS.,the sudden jump or a temperory pause in a movement is called a gap.
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Dhananjayan replied to the topic How to name a GAP? What are Four Types of GAP? in the forum GAP Analysis and its interpretations 8 years ago
The gap can be named according to its characteristics,.the four types of gaps are
*AREA gap
*BREAKOUT gap
*RUNAWAY gap
*EXHAUSTION gap.
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Dhananjayan 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 8 years ago
CONSOLIDATION GAP is formed with low volume and also it is formed in short span of time
BREAKOUT GAP is formed with a high volume and it is formed in the trading range when there is a change in trend.
RUNAWAY GAP is formed when volume is distributed evenly.,and also the trade close should be the day’s high during this gap.
EXHAUSTION GAP is…[Read more]
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Dhananjayan replied to the topic What do we interpret using GAP ANALYSIS? in the forum GAP Analysis and its interpretations 8 years ago
We interpret the demand and supply zone that is the trend is whether bullish or bearish using gap analysis.,
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Dhananjayan 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 8 years ago
HAMMER / HANGING man are candle stick patterns it is named as such because it looks like a hammer and a hanging man.,it is very popular because it is very simple and easy to identify pattern.
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Dhananjayan replied to the topic What is Candle stick analysis? Its evaluation and it real time application? in the forum The Simple Candlestick Analysis 8 years ago
The CANDLE STICK analysis is technical analysis made using candle sticks.,it shows the price movements and also the bullish / bearish trend.,which helps us to buy and sell shares at a right time.
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Dhananjayan replied to the topic What is morning and evening STAR? When to buy and Sell? in the forum The Simple Candlestick Analysis 8 years ago
POSITIVE and NEGATIVE doji indicates the morning and evening star.,we should buy during morning star and sell during evening star.
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Dhananjayan 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 8 years ago
ENGULFING PATTERN is formed in candle stick analysis.,where the recently formed candle stick fully covers the previous candle stick.,and also the volume should be high during this candlestick.,when it is a bullish engulfing we can buy and sell during bearish engulfing.,
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Dhananjayan 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 8 years ago
PIERCING PATTERN is formed in candle stick analysis.,with a candle stick pattern of more than 50% of the previous candlestick.,and also the upper tail should not be very big.,we can buy at bullish piercing and sell at bearish piercing.,
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Dhananjayan replied to the topic What is DOJI? How to make use of DOJI? in the forum The Simple Candlestick Analysis 8 years ago
DOJI is usually a neutral pattern.,it will be formed with a high volume.,The major use of DOJI is it indicates the trend reversal clearly and DOJI pattern is easy to identify.
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Dhananjayan replied to the topic What is the general forecasting duration using candlestick analysis? in the forum The Simple Candlestick Analysis 8 years ago
The general forecast duration of candlestick analysis is within a week.,2 to 7 days.
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Dhananjayan 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 8 years ago
The traders who do positional trading in time period of weeks to months.,they should use candle stick analysis.,The role of volume in candlestick analysis is that it shows relatively high volume during a trend change (bullish or bearish).
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Dhananjayan replied to the topic What is Double TOP? What are their conditions to determine the bearish trend? in the forum Price Patterns and its characteristics 8 years ago
DOUBLE TOP is formed when the two waves are formed exactly equal at the top..,Their conditions to determine the bearish trend is that the next steeper downward slope should go beyond the neck line.,
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Dhananjayan replied to the topic What is rounding bottom / Cup pattern? What are their conditions to determine the bullish trend? in the forum Price Patterns and its characteristics 8 years ago
ROUNDING BOTTOM / CUP PATTERN are the pattern formed with continuous same size bottom waves.,Their conditions are generally., it should take long time to form a cup pattern and also the volume should be consistently low while forming cup pattern.
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