-
Praveen Kumar Ramachandran 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, 2 months ago
<span style=”color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>Engulfing pattern is reversal trend pattern.P</span><span style=”color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>resent day body must cover the previous days body.</span>
-
Praveen Kumar Ramachandran 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, 2 months ago
<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>weekly investors are recommended to use candle stick analysis.Good volume during the candle stick pattern indicates the strength of trend reversal.</p>
-
Praveen Kumar Ramachandran replied to the topic What is the general forecasting duration using candlestick analysis? in the forum The Simple Candlestick Analysis 7 years, 2 months ago
<span style=”color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>The general forecasting duration using candlestick analysis is 3 to 4 days.</span>
-
Praveen Kumar Ramachandran 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, 2 months ago
<span style=”color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>Candlestick analysis gives us a detailed study of the open and close price also the high and low price.</span><span style=”color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”> </span><span style=”color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>It is…[Read more]
-
Praveen Kumar Ramachandran replied to the topic What is DOJI? How to make use of DOJI? in the forum The Simple Candlestick Analysis 7 years, 2 months ago
<span style=”color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>DOJI stands for neutral day where selling and buying happened with equal strength. Day of DOJI will have a high volume trended.</span>
-
Praveen Kumar Ramachandran replied to the topic What is morning and evening STAR? When to buy and Sell? in the forum The Simple Candlestick Analysis 7 years, 2 months ago
<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>After a significant fall in price if a Doji appears it a sign of bullish trend price & expected to go up this is a morning star.</p>
<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #…[Read more] -
Praveen Kumar Ramachandran 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, 2 months ago
<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>It appears after significant prize fall, with high volume on hammer day. Lowest taill should be two times the body of hammer. Upper tip should be small and if possible invisible.Body must be green if its qualifying as…[Read more]
-
Praveen Kumar Ramachandran 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, 2 months ago
<span style=”color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>Piercing is Reversal candle stick pattern</span><span style=”color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>The body should cover the previous day low and Current body should cover at least 50% of previous body and the upper tail should not be very big…[Read more]
-
Praveen Kumar Ramachandran replied to 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, 3 months ago
<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>Entry price: when the price of the flag crosses the triangular area</p>
<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>Stop loss:…[Read more] -
Praveen Kumar Ramachandran replied to the topic What Should be Entry price, Exit Price and Stop loss for Head & Shoulders in the forum Price Patterns and its characteristics 7 years, 3 months ago
<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>Entry price : Sell when it crosses the neck line.</p>
<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>Stop loss : lower top of right…[Read more] -
Praveen Kumar Ramachandran 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, 3 months ago
<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>Two equivalent bottom has to be spotted and the duration between the two top must be minimum 1 month.</p>
<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #777777; font-family: ‘Roboto…[Read more] -
Praveen Kumar Ramachandran 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, 3 months ago
<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>Two equivalent top has to be spotted and the duration between the two top must be minimum 1 month.</p>
<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #777777; font-family: ‘Roboto Slab’;…[Read more] -
Praveen Kumar Ramachandran replied to the topic What is Head and Shoulder? What are their conditions to determine the bearish trend? in the forum Price Patterns and its characteristics 7 years, 3 months ago
<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>The volume through out the left shoulder must be high. The volume of Right shoulder should be as low as possible.</p>
<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #777777; font-family:…[Read more] -
Praveen Kumar Ramachandran replied to the topic What are Price Patterns? in the forum Price Patterns and its characteristics 7 years, 3 months ago
<span style=”color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>Price pattern are early indications of</span><span style=”color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”> the trend.</span>
-
Praveen Kumar Ramachandran 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, 3 months ago
<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>A steep pole should be formed.Then there should be a side way movement with a period of 3- 7 days.The breakout should always happen in the same side of the steep pole with good volume.</p>
-
Praveen Kumar Ramachandran 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, 3 months ago
<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>It is a 5-wave correction pattern A-B-C-D-E. Triangle area must be Minimum 30 trading days and triangle breakout expected around 70 % zone.Volume is required to confirm the breakout</p>
-
Praveen Kumar Ramachandran replied to the topic When to buy and Sell using Price Patterns? in the forum Price Patterns and its characteristics 7 years, 3 months ago
<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>Buy when it crosses the Higher top and forms a breakout in bullish trend.</p>
<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #777777; font-family: ‘Roboto Slab’; font-size:…[Read more] -
Praveen Kumar Ramachandran replied to the topic How price pattern are different from Dow Theory? in the forum Price Patterns and its characteristics 7 years, 3 months ago
<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>Dow Theory helps us in identifying the demand and supply it delays in providing us the right signal for early entry.</p>
<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #777777;…[Read more] -
Praveen Kumar Ramachandran 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, 3 months ago
<span style=”color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>The rounding bottom will be visible with cup shape and low volume in overall trend. </span><span style=”color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>Bullish trend requires a breakout from the previous high with an increase in volume.</span>
-
Praveen Kumar Ramachandran 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, 3 months ago
<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>The inverted head and shoulder is a accumulation pattern. Should have significant rally before the trend for period of 3 months</p>
<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color:…[Read more] - Load More