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Prabhu Krishnan 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, 7 months ago
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technical indicators are one of of the supporting tool to analyze the market.
It indicates the price movement.
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Prabhu Krishnan replied to the topic What is Moving Average? in the forum Technical Indicators to understand market trend 7 years, 7 months ago
the average of price movement is called moving average. if the price is above the moving average then it is bullish and if the price is below the moving average then bearish
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Prabhu Krishnan replied to the topic What is RSI? How to identify the buying zone? in the forum Technical Indicators to understand market trend 7 years, 7 months ago
RSI is relative strength index which is used in non trending zone and if the line crosses 30 mark buying can be done and if crossed below 70 line then selling can be done
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Prabhu Krishnan replied to the topic What is morning and evening STAR? When to buy and Sell? in the forum The Simple Candlestick Analysis 7 years, 7 months ago
when doji appears after price downward trend is called morning dojiwhich generally indicates bullish . long position above upper tail ,short position below lower tail.
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Prabhu Krishnan replied to the topic What is DOJI? How to make use of DOJI? in the forum The Simple Candlestick Analysis 7 years, 7 months ago
it is one of the candlestick pattern which looks like star .
1.open & closing at almost the same price
2.high volume witnessed
3.Doji followed by sideway movement cannot be considered
above top tail ,long position ,below the lower tail short position.
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Prabhu Krishnan 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, 7 months ago
it is one of candlestick pattern
1.opening tail far below than previous day
2. body covers half of the previous day body
3.upper tail should not be big
above the previous day higher top ,long position ,below the today’s lower tail short position can be created .
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Prabhu Krishnan 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, 7 months ago
intraday or weekly traders.
volume trends helps in making buy /sell decision .
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Prabhu Krishnan 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, 7 months ago
Engulfing pattern is one of candlestic pattern which denotes the bullish trend .
Conditions :
1.bearish trend
2.latest bullish trend should cover the previous day bearish trend
3.volume should be slightly higher in last twodays
long position above the upper tail ,short position below the lower tail.
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Prabhu Krishnan replied to the topic What is the general forecasting duration using candlestick analysis? in the forum The Simple Candlestick Analysis 7 years, 7 months ago
intraday or one or few weeks
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Prabhu Krishnan 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, 7 months ago
It is one of the typical price trend analysis chart meant for short duration .it shows open,close ,highest &lowest market for the particular duration .it graphical representation helps to understand it easily when compared to others charts .
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Prabhu Krishnan 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, 7 months ago
Hammer & Hanging man are the candlestick patterns which helps to understand the bullish /bearish trend . hanging man is the complete reverse pattern of hammer .
1.Hammer lower tail should be twice of the body
2.top tail should be invisible or very small’
3.Volume should be high
4,Hanner should be a positive
in such condition , long position…[Read more]
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Prabhu Krishnan replied to the topic What is inverted Head and Shoulder? What are their conditions to determine the bullish trend? in the forum Price Patterns and its characteristics 7 years, 7 months ago
It is sign of accumulation of stocks
1.two equivalent shoulders with steep head
2.1 month to form for each pattern
3.left shoulder is volume is low ,right shoulder volume is the highest
4.long position can be considered above previous top
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Prabhu Krishnan replied to the topic When to buy and Sell using Price Patterns? in the forum Price Patterns and its characteristics 7 years, 7 months ago
Buy above previous top
sell below the previous bottom
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Prabhu Krishnan 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 7 years, 7 months ago
1.two equivalent top
2.20days to form
3.huge volume at second top or the trend point where it crosses the previous bottom
4.short position can be considered below the previous bottom
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Prabhu Krishnan replied to the topic How price pattern are different from Dow Theory? in the forum Price Patterns and its characteristics 7 years, 7 months ago
Price patterns analysis the price behaviour for a short term whereas Dow theory deals the same for a long term.
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Prabhu Krishnan replied to the topic What is triangle pattern? What are the conditions to qualify as perfect triangle? in the forum Price Patterns and its characteristics 7 years, 7 months ago
a particular shaped price pattern is called as triangle pattern which fulfils the following conditions
1.Five wave patterns should form a triangle
2.45 days to form
3.at 70% triangle area ,huge volume confirms the breakout
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Prabhu Krishnan replied to the topic What is FLAG pattern? What are the conditions to qualify as perfect FLAG? in the forum Price Patterns and its characteristics 7 years, 7 months ago
A particular shaped price pattern is called Flag Pattern.
1.Steeper pole
2.rectangular shaped sideways
3.less time to form
4.volume is expected to increase while giving breakout
5.positive pole will positive breakout
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Prabhu Krishnan 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 7 years, 7 months ago
Cup pattern is a sign of accumulation of stocks which fulfil the following conditions
1.it takes along time to form (6 month to 1 year )
2.The volume will be as low as possible
3.correlation between market to the stock should be low during the mid pattern
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Prabhu Krishnan replied to the topic What are Price Patterns? in the forum Price Patterns and its characteristics 7 years, 7 months ago
The study of price trend for a particular duration or point is called as price patterns
1.Flag
2.Rectangular
3.Cup
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Prabhu Krishnan 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, 7 months ago
It refers to a particular shaped line trend chart which has two equivalent bottomat the spam of 20 days .
1.two equivalent bottom
2.duration between two bottoms minimum 20 days
3. second bottom or the point where the trend chart crossses the previous top can have high volume .
4. long position can be considered after crossing the previous top
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