Analysis of charts - discussion share ur views

[Sunny1]

great going dude . I didn't expected such new things here like ichimoku analysis ,gmma.

 

[vishalalluri]

halllloooo everyun

wish u all sweet sunday

we saw a basic chart of GMMA in my last post so what we saw in the basic chart was breakout of short term down of longterm or vice vers changes the trend and once the trend changes we get entry exit point depending trend streNGTH

note : when GMMA shows congestions it shows weakness
when GMMA shows spreads shows strength

please read before chart

in the chart i have talked about cloud which comes in ichimoku analysis the basic concept would be if prices/Moving avgs are above the cloud ( bullish) if prices/Moving avgs are below the cloud (bearish)

i would discuss the ichi moku in later posts

toooo sleepy today :fatigue:

i hope i don see charts :annoyed:in my dreams

 

[vishalalluri]

great going dude . I didn't expected such new things here like ichimoku analysis ,gmma.

THNKS BUDDY

THEN U SHUD CHECK MA LAST POST HE HE:thumb::cheers:

 

[saivenkat]

One simple thing i have done it sir, after joining Traderji is that i have book marked this topic, to come often and learn more and more about charting. I think that my thirst for learning about charting ends here.

Now Vishal ji,i have seen here, the link to download, chartnexus software, immediately what runs in my mind is that after downloading the above software, how to import data in to it, and the steps to incorporate the same in it. Please give the link where i can get a detailed step by step instructions of importing data in to it?
Because i am very very new to working with charts or any kind of software.
Thanks.

 

[vishalalluri]

One simple thing i have done it sir, after joining Traderji is that i have book marked this topic, to come often and learn more and more about charting. I think that my thirst for learning about charting ends here.

Now Vishal ji,i have seen here, the link to download, chartnexus software, immediately what runs in my mind is that after downloading the above software, how to import data in to it, and the steps to incorporate the same in it. Please give the link where i can get a detailed step by step instructions of importing data in to it?
Because i am very very new to working with charts or any kind of software.
Thanks.

hi sai everybody are new wid charts oneday we just learn the more we sit wid dem

i have given a detailed procees of importing the data here in the post
http://www.traderji.com/technical-a...s-discussion-share-ur-views-4.html#post360499
and the next post also 360500
hope this would clear ur doubt on importingthe data

 

[saivenkat]

Thanks a lot Sir, for instant response. Great work.:thumb:

 

[vishalalluri]

Thanks a lot Sir, for instant response. Great work.:thumb:

hi sai

please call me vishal

 

[vishalalluri]

Hi everyone
For people who are not aware of what ichimoku is all about I would like to just add on some basics of it so that while looking at the chart one should understand what im talking about
Okiee soo ichimoku is one stop to all indicators as it has a combination
It has
Tenkan-Sen = Conversion Line = (Highest High + Lowest Low) / 2, for the past 9 periods

Kijun-Sen = Base Line = (Highest High + Lowest Low) / 2, for the past 26 periods

Chikou Span = Lagging Span = Today's closing price plotted 26 periods behind

Senkou Span A = Leading Span A = (Tenkan-Sen + Kijun-Sen) / 2, plotted 26 periods ahead

Senkou Span B = Leading Span B = (Highest High + Lowest Low) / 2, for the past 52 periods, plotted 26 periods ahead

Kumo = Cloud = Area between Senkou Span A and B

What makes the tenkan sen. kijun sen different from 9 day 26 day moving averages is that they form a line by taking the average of the highest high and lowest low of each day for the last 9 days and 26 days respectively
The advantage being the tenkan and kijun give a better price action movement and again a better support and resistance levels than a normal 9d/26day simple moving average
What kumo the cloud tell us about and how does it get formed is it has a leading line26 and a lagging line 52
A bullish signal is issued when the Tenkan-Sen) crosses the Kijun-Sen from below. (bullish crossover)
A bearish signal is issued when the Tenkan-Sen crosses the Kijun-Sen from above.(bearish crossover)

BUY SIGNALS
STRONG BUY SIGNAL – BULLISH CROSSOVER + PRICE ABOVE KUMO
NORMAL BUY SIGNAL – BULLISH CROSSOVER + PRICE IN THE KUMO
WEAK BUT SIGNAL =BULLISH CROSSOVER+ PRICE BELOW THE KUMO CLOUD
SELL SIGNALS
STRONG SELL SIGNAL – BEARISH CROSSOVER + PRICE BELOW KUMO
NORMAL BUY SIGNAL – BEARISH CROSSOVER + PRICE IN THE KUMO
WEAK BUT SIGNAL =BEARISH CROSSOVER+ PRICE ABOVE THE KUMO CLOUD

The Kumo can also be used to help identify the prevailing trend of the market.
If the price is above the Kumo, the prevailing trend is said to be up. And if the price is below the Kumo, the prevailing trend is said to be down.


It's therefore important to note that (unlike its traditional counterparts) the support/resistance level given by the Kumo appears as a layer of varying thickness, with the thickness being related to prior market volatility.

 

[Sunny1]

It's therefore important to note that (unlike its traditional counterparts) the......................?????? it seems you have missed something!!

 

[vishalalluri]

It's therefore important to note that (unlike its traditional counterparts) the......................?????? it seems you have missed something!!

thnks sunny i have edited the post succesfully

i wanted to know if my postings were in the right direction

are u finding it interactive i am trying my best wid the charts but i dun kno how much people wud be getting profited with knowledge