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GK Pai replied to the topic What is called as GAP in technical analysis? in the forum GAP Analysis and its interpretations 7 years, 6 months ago
When a price open above or below the previous day opening it is called a GAP
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GK Pai 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, 6 months ago
Based on where the gap happening w.r.t Trend , gap is named
If a gap is happening in non trending area it is Area GAP
If a gap is happening after a non trending area which shows a beginning of trend it is Breakout Gap
If a gap is happening after breakout gap when trend continues, it is runaway gap
Exhaustion gap shows trend reversal
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GK Pai 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, 6 months ago
Hammer gives sign of upcoming bullish trend.
For hammer we need 3 criteria
1. Current trend must be Gradual Bearish
2. Hammer stick must be green (Bullish)
3. Lower tail must be double the body of stick and upper tail must not be visible.
Hanging man gives sign of upcoming bearish trend.
For hanging man we need 3 criteria
1. Current t…[Read more]
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GK Pai replied to the topic What is DOJI? How to make use of DOJI? in the forum The Simple Candlestick Analysis 7 years, 6 months ago
Doji means neutral. It is candle stick pattern which gives role reversal after rally (Bullish or bearish trend)
Doji after trend only must be used. Side way doji must be ignored.
To make use of doji,
Using morning star (Doji after bearish trend, that give signal for long position for upcoming bullish trend), buy if price goes above high of…[Read more]
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GK Pai replied to the topic What is the general forecasting duration using candlestick analysis? in the forum The Simple Candlestick Analysis 7 years, 6 months ago
Candle stick is meant for Weekly traders or Swing Traders. Its duration is nearly 1 week
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GK Pai 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, 6 months ago
Weekly traders or swing traders, shall use candle stick analysis.
Volume in candle stick is not important as in case of Dow theory and price pattern. Rather ir confirms the role reversal.
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GK Pai started the topic In Bearish Piercing pattern which tail should not be too big (Upper or lower) in the forum The Simple Candlestick Analysis 7 years, 6 months ago
In Bearish Piercing pattern which tail should not be too big (Upper tail or lower tail)? Why?
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GK Pai started the topic In Bearish Piercing pattern which tail should not be too big (Upper or lower) in the forum The Simple Candlestick Analysis 7 years, 6 months ago
In Bearish Piercing pattern which tail should not be too big (Upper tail or lower tail)? Why?
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GK Pai replied to the topic What is morning and evening STAR? When to buy and Sell? in the forum The Simple Candlestick Analysis 7 years, 6 months ago
Doji that is occuring during bearish trend and which gives a signal of long position or upcoming bullish trend is morning star.
Doji that is occuring during Bullish trend and which gives a signal of short position or upcoming bearish trend is evening star.
When to buy, For morning star, Buy above higher of doji, stop loss at lower of doji,…[Read more]
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GK Pai 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, 6 months ago
Engulfing pattern is used in candle stick analysis which gives role reversal for short term investment.
Inorder to qulify
1.There must be a rally upward or down ward.
2. It Engulfing body should fully cover the candle body of previous day.
3. It must be green body if current trend is bearish, and it should be red body if current trend is…[Read more]
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GK Pai 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, 6 months ago
Engulfing pattern is used in candle stick analysis which gives role reversal for short term investment.
Inorder to qulify
1.There must be a rally upward or down ward.
2. It Engulfing body should fully cover the candle body of previous day.
3. It must be green body if current trend is bearish, and it should be red body if current trend is…[Read more]
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GK Pai 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, 6 months ago
Piercing pattern is used in candle stick analysis. It gives the idea of reversal in price pattern.
Conditions to qualify,
1. There must a rally (Fall/rise in price movement)
2. Piercing Body should cover at least 50% of previous day.
3. Upper tail should be not big in case of bullish piercing and lower tail should not be big in case of bearish…[Read more]
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GK Pai 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, 6 months ago
Piercing pattern is used in candle stick analysis. It gives the idea of reversal in price pattern.
Conditions to qualify,
1. There must a rally (Fall/rise in price movement)
2. Piercing Body should cover at least 50% of previous day.
3. Upper tail should be not big in case of bullish piercing and lower tail should not be big in case of bearish…[Read more]
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GK Pai 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, 6 months ago
Candle stick analysis is a Japanese analysis adopted by western analysts who were followers of Dow theory.
It is powerful technique which will be suitable for short term investment
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GK Pai changed their profile picture 7 years, 6 months ago
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GK Pai started the topic What Should be Entry,Exit &Stop loss prices for triangle pattern – Shor position in the forum Price Patterns and its characteristics 7 years, 6 months ago
What should be Entry price, Exit price and Stop loss price for Triangle pattern when we are taking a Short position
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GK Pai started the topic What Should be Entry,Exit &Stop loss prices for triangle pattern – Shor position in the forum Price Patterns and its characteristics 7 years, 6 months ago
What should be Entry price, Exit price and Stop loss price for Triangle pattern when we are taking a Short position
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GK Pai started the topic What Should be Entry,Exit &Stop loss prices for triangle pattern – long position in the forum Price Patterns and its characteristics 7 years, 6 months ago
What should be Entry price, Exit price and Stop loss price for Triangle pattern when we are taking a long position
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GK Pai started the topic What Should be Entry,Exit &Stop loss prices for triangle pattern – long position in the forum Price Patterns and its characteristics 7 years, 6 months ago
What should be Entry price, Exit price and Stop loss price for Triangle pattern when we are taking a long position
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GK Pai started the topic What Should be Entry price, Exit Price and Stop loss for Flag Pattern in the forum Price Patterns and its characteristics 7 years, 6 months ago
What Should be Entry price, Exit Price and Stop loss for Flag Pattern
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